Shelley Gross's (shelleyg) Blog

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Real Estate Agent - Pacific Inter Capital Solutions
RECENT BLOG POSTS
I just came back from Australia and New Zeland.  I stupidly believed this was a quite time and the banks would be instituting no new foreclosures during my absence.  I now know there is  nothing to be surprised about during this crazy period in our history.  I was there one night and got my first...
01/05/2011
Modification , Short Sales, or Foreclosures, do they end up the same? I know so many homeowners confident that they are in the midst of a modification and therefore don't have to worry about their homes. These poor people are misguided in their thinking. Many of these people have been foreclosed ...
11/19/2010
Robo-Signing and the Foreclosure Moratorium It sounds like good news that foreclosure filings for October were way down.  Unfortunately, you cannot take that statement at face value.  The only reason for the lower numbers was because of the foreclosure moratorium due to the robo-signing scandal. ...
11/15/2010
IS THE WHOLE WORLD FORECLOSING? You heard that we are out of a recession from the newspapers. Can that really be possible? If housing prices increased  slightly it has been because there are fewer homes on the market that are realistically priced for today’s economy. My opinion is that another do...
10/14/2010
Amongst all of the foreclosures, did you hear that our economy is improving? If you really study the numbers, you will realize all the money that was spent giving banks funds to provide loan modifications has certainly succeeded in one thing and that is delaying foreclosures. The numbers of forec...
09/24/2010
Every house for sale in today's real estate market must be sold twice. First, you must find a buyer ready, willing, and able to purchase the home. Second, you must sell the value of that house to a bank so they will agree to lend money based on the negotiated price. The second sale may be more di...
09/10/2010
Supply goes up, prices come down. It's that simple. The big question in real estate is what will happen with home prices over the next few months. The experts have already weighed-in predicting prices will probably take another dip. Their reasoning? Put simply, the inventory of homes on the marke...
08/13/2010
What will your Los Angeles house be worth next month? We always want to make sure that we get at least a fair price for anything we are selling. Truth be told, we hope we get top dollar and would not be upset if a buyer was willing to pay a premium above that. The same dynamics come into place wh...
08/06/2010
Inventory of Unsold Homes Increased While Sales of Existing Homes Decreased In June According to the National Association of Realtors, the seasonally adjusted rate for June was 5.4 million units. Though up 9.8% from a year ago, purchases of previously owned homes dropped 5.1% in June. Throughout ...
07/27/2010
Homeowners deserve to be shielded from unfair credit ratings when they have paid their mortgage modifications on time and according to their agreement. HR 5743, the Protecting Homeowner's Credit History Act, would shield homeowner credit ratings from adverse reports after the homeowner has a mort...
07/20/2010
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