News

Buying and Selling with Contingencies: Can be Frustrating…

March 5, 2010 by Debbie · Leave a Comment 

This article appears on the CAR.org web site,which is the California Association of Realtors Site. I thought it might be of interest.
http://www.yourpieceofcalifornia.com/news2_080309.asp

Working on this Blog

March 5, 2010 by Debbie · Leave a Comment 

 
At this time in my career I find my work is expanding in many fields including REO which is “Bank owned properties” as well as “short sale properties” which means the homeowner owes the bank more than the property is worth. These two forms of listings involve much paper work and of course,  time.
I have a [...]

Home Buyer Program Extended……

November 8, 2009 by Debbie · Leave a Comment 

Great News!  The Federal Government DID extend the federal tax credit through April 30, 2010,
with a 60-day extension if a binding contract is in place before the deadline. First-time homebuyers will continue to be
eligible for a tax credit of up to $8,000, while existing homeowners will be eligible for a reduced credit of up to [...]

This was a really successful YARD sale in Anaheim!

November 7, 2009 by Debbie · Leave a Comment 

Well, this day is finally over.  The banners were up, the ads in the Pennysaver and the Register, both online and in print were placed. Fliers were delivered to about 500 houses to let the event be advertised……We wanted many people to come and purchase the products for sale that these homeowners no longer wanted. [...]

Sold in 3 days!

August 21, 2009 by Debbie · Leave a Comment 

Wow! I absolutely love representing a client on the sale of their home, and get it sold in such a short time! My client on Mira court was worried she would not find another home to move to so quickly! However, guess what!
Within two weeks, her new home will be ready for move in, and [...]

First Time Buyers: Start House Hunting Now!

August 21, 2009 by Debbie · Leave a Comment 

Start house-hunting now to qualify for tax credit for first-time
home buyers
First-time homebuyers-those who have not owned a home for at
least three years-may be eligible for the $8,000 federal tax
credit, but the window of opportunity is closing rapidly.
To qualify for the credit, the buyer must close escrow by midnight
on Nov. 30, when the tax credit expires. [...]

Banks Slow to Modify Mortgages…US Treasury Dept reports

August 19, 2009 by Debbie · Leave a Comment 

An article in the L.A. Times discusses how some banks are making up excuses by telling home owners that they do not qualify for a loan modification because….. My associate Dan Dobbs, loan manager at
949 250-3981  who made me aware of this article states that the banks are not following the Obama Plan as they [...]

CREDIT REPAIR

August 16, 2009 by Debbie · Leave a Comment 

Did you know how a bad credit score can hurt your employment?
Did you know that  companies and employers check individual credit reports before hiring a worker. Yes, it’s not just about good academic grades and training. Your credit status can also make or break your future in a respected company.
This applies to executive job levels [...]

What is a Short Sale?

August 15, 2009 by Debbie · Leave a Comment 

Simply put, the property is legally owned by a person or corporation and is often occupied by an owner or tenant or it could be vacant. However, the owner owes more on the property than what it is worth, therefore the bank or lender needs to approve the sale since the lender stands to lose [...]

What is an REO?

August 15, 2009 by Debbie · Leave a Comment 

Did you know that the bank or servicer will own the property in this scenario?
Your real estate agent or broker will negotiate this purchase for the buyer between a bank employee instead of an owner/seller).
Paperwork/Rules for Offer Submission: Standard purchase and sale agreements are used as well as the banks’ own addendums and disclosures. Offers [...]

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