San Jose Real Estate Agent
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… 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 Approved… 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… 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 Steinberg (D-Sacramento) are… 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… 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… Read More
“People facing foreclosure should avoid any company or individual that requires a fee in advance, guarantees to stop a foreclosure or modify a loan, or advises the homeowner to stop paying the mortgage company.” Federal Trade Commission http://www.ftc.gov/ops/2009/07/loanlies.shtm Always avoid offers to modify your mortgage in exchange for upfront fees. No one should expect payment… Read More
Only a select few homeowners facing the possibility of a San Jose Ca foreclosure actually qualify for a mortgage modification. Most distressed San Jose Ca homeowners are so far behind on their mortgages that they can’t make their modified payments during the trial period. This means the modifications never become permanent. With so many homeowners… Read More
Cambrian Park Home for Sale Overview Maps Photos Description Open House Market Stats $439,000 Single Family Home For Sale Main Features 3 Bedrooms 2 Bathrooms Interior: 1105 sqft Lot: 6,970 sqft Location 1788 Albert Avenue San Jose, CA 95124 Kathleen Daniels, CDPE Intero Real Estate (408) 972-1822 Kathleen@ExclusiveSanJoseHomes.com http://www.ExclusiveSanJoseHomes.com Listed by: Intero Real Estate –… Read More
DRE# 01366594
Virtual Real Estate Brokerage
408-972-1822
“Kathleen was on top of things all throughout our Short Sale. She didn’t let up when something was not written correctly or fully compliant; she did not accept anything that may have put us at risk in any way." Read More...
""Kathleen is extremely tuned in to her customer's needs. I particularly appreciate the time she took to understand my needs and that she constantly reminded me of them when I started wavering and drifting (typical of a first time home buyer!)." Read More...
