San Jose Short Sales
Willow Glen Homes Market Report February 2011 Week ending February 26, 2011 compared to February 27, 2010 There were 157 Willow Glen homes, including short sales and bank owned homes in the week ending February 26, 2011 compared to 148 Willow Glen homes, including short sales and bank owned...
Cambrian Park Market Report February 2011 Homes for sale in San Jose CA Week ending February 26, 2011 compared to February 27, 2010 There were 131 Cambrian homes, including short sales and bank owned homes in the week ending February 26, 2011 compared to 81 Cambrian homes, including short...
Without a San Jose Short Sales Agent, It’sNot Easy! “Why do you have to make this so hard?” Short Sales are NOT easy. As a San Jose Real Estate Agent – I do not make the rules for engaging with lenders to approve San Jose Short Sales. My job...
Mount Umunhum A well-known landmark in the bay area, Mount Umunhum shows evidence of the recent storm. Residents of Almaden, Cambrian, Blossom Valley, Campbell and surrounding Silicon Valley communities may only appreciate the beautiful view of Mount Umunhum from the valley floor. The space is not open to the...
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...
PREVIOUSLY APPROVED SHORT SALE – SALES PRICE PREVIOUSLY APPROVED AT $455,000 San Jose Short Sale 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...
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...
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...
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....
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...
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...
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...
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...
“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 Always avoid offers to modify your mortgage in exchange for upfront fees....