Larry "Fly" Young Brentwood Real Estate

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• Short Sale Rants & Complaints - The Process Needs to Be Improved!

  During the past few weeks the sales activity and offers on short sale listings has significantly increased. Every day this week I've received calls inquiring on the availability of our office's short sale listings and have seen multiple offers Read More... Posted Saturday, April 26, 2008 4:55 PM by Larry Young | 1 Comments Filed under: Real Estate, Market Conditions, Buyer Information, Foreclosures, Short sales

• Interesting Year-to-date Property Sales - Are Sales Growing?

  The table below shows some interesting year-to-date sales versus current pending and active listings data for Eastern Contra Costa county. Agents, prospective buyers and the media are all reporting increases in home sales activity. City/ Location Sold Read More... Posted Thursday, March 27, 2008 5:47 AM by Larry Young | 0 Comments Filed under: Real Estate, Market Conditions, Buyer Information, Seller Information, Community Information, Foreclosures, Short sales

• Short Sale Questions 2: Make Sure You Know Which Lender

  On March 13, Ocwen, one of the major loan servicing companies, announced that it will no longer negotiate short sales. This decision includes all pre-existing short sale contracts in which Ocwen has not finalized settlement agreements between its borrowers Read More... Posted Wednesday, March 26, 2008 6:15 AM by Larry Young | 0 Comments Filed under: Real Estate, Finances, Buyer Information, Foreclosures, Short sales

• Questions to Ask Before Buying Short Sale Property

  Distressed properties make up 60% of today's listings in eastern Contra Costa real estate market. Of 3908 active listings, we have 1276 foreclosed (REO/bank owned properties) and 1078 short sales. Since nearly half of the distressed property listings Read More... Posted Sunday, March 16, 2008 7:06 AM by Larry Young | 2 Comments Filed under: Real Estate, Buyer Information, Foreclosures, Short sales