Jessica Monroy's Real Estate Blog

As I was driving into work this morning listening to talk radio I started thinking "Is it really as bad as the media protrays it to be?".  It is true that there are tons of foreclosures and short sales available.  It is true that people are losing their jobs and companies are closing their doors....

I have notcied some confusion on the part of some buyers and even their Realtors as to how the listed price of a "Short Sale" home comes to fruition.  Some believe that the price the home is listed for is the price the Lender agreed to.  This could be true, but in most cases it is not.  The first...

This is a warning to all Realtors who are dealing with Bank Owned/Foreclosed properties.  I recently represented a client on a purchase of a Bank Owned home.  The bank created an addendum to our origninal offer with a list of clauses on it.  One of the clauses read:  7. Seller agrees to a termite...