San Jose Homes for Sale and Real Estate
San Jose Home Sellers – How does your listing agent manage your home for sale?
My job and duty as a San Jose listing agent is to list and sell the property. If all I do is list the property and pray for someone to fax me an offer … then I have failed miserably… Read More
PREVIOUSLY APPROVED SHORT SALE – SALES PRICE PREVIOUSLY APPROVED AT $455,000
San Jose Short Sale Specialist
Certified HAFA Specialist
Berryessa Home for Sale
Overview
Maps
Photos
Description
Market Stats
$455,000
Single Family Home
For Sale
Main Features
3 Bedrooms
3 Bathrooms
Interior: 1583 sqft
Lot: 5,663 sqft
Location
1414 Donohue Drive
San Jose, CA 95131
To get updates on open home dates and other property events, please click the “Like”… Read More
I read an interesting article today on the mid-year foreclosure filings report released by RealtyTrac.
It was no surprise to read that California ranked fourth among the nation’s highest foreclosure rates. Nevada ranked first, Arizona second and Florida ranked third.
The RealtyTrac report shows that 1,654,634 U.S. properties received a foreclosure filing during the first half of… Read More
According to Freddie Mac quarterly reports, Freddie Mac’s total losses were reported $84.4 Billion Dollars. The losses forced a directive from Freddie Mac’s conservator, the Federal Housing Finance Agency to de-list Freddie Mac’s and Fannie Mae’s common stock from the New York Stock Exchange.
Ed Haldeman, Freddie Mac’s CEO said the number of Freddie Mac short… Read More
Almaden Valley Townhome – Short Sale Sold $525,000
1108 Trevino Terrace, San Jose, CA 95120
Submitted Short Sale Package to SunTrust on December 19, 2009
Two Loans – 1st with SunTrust; 2nd with Wells Fargo – SunTrust Servicer
Purchase Offer $460,000
SunTrust valuation came in at $580,000
Listing Agent disputed BPO Valuation
Short Sale… Read More
The Home Affordable Foreclosure Alternatives (HAFA) certification (CHS) is designed for real estate agents to understand the Treasury Supplemental Directive 09-09 which was implemented on April 5, 2010.
Working with a San Jose Short Sale Specialist who is also a Certified HAFA Specialist can save you thousands of dollars. If you are considering a short sale,… Read More
As a San Jose Short Sale Specialist I am often asked: “Why are we required to put in a good faith deposit BEFORE the bank approves the short sale? “This is often followed by: “No one else requires a deposit.”
My response is typically something like this: The reasoning is that buyers must have skin… Read More
On Thursday, June 3, 2010, the California Senate approved a new foreclosure bill SB 1275. With a 21 to 12 vote, SB 1275 will be heard by the Assembly Banking Committee before it goes to the full Assembly for a vote.
Sen. Mark Leno (D-San Francisco) and Senate President Pro Tem Darrell… Read More
Ever wonder why San Jose short sales “don’t close”?
We just closed another San Jose Short Sale! We received Short Sale Lender Approval on 5-3-2010. We closed in 19 calendar days. We could have closed sooner IF only the Listing Agent had timely performed. Because we were waiting for the listing agent to perform we faced… Read More
Mortgage Modification Scams in the market today … according to Financial Crimes Enforcement Network
“First, subjects conned homeowners into signing quit-claim deeds to their properties, then sold homes from under the former owner to straw (fabricated) borrowers; the homeowners subsequently received eviction notices. Second, other scammers falsely claimed affiliations with lenders to convince distressed homeowners to… Read More
