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Close Fannie Mae deals on time or risk losing the transaction, your deposit, appraisal and inspection fees.
Recently, I had a transaction involving the purchase of a Fannie Mae owned foreclsoure (REO) property in Oakley with first time buyers.The contracts were signed on April 14,2009 with a scheduled close of May 29, 2009 (45 days). The ...
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In an effort to help people with distrssed properties in Eastern Contra Costa and the communities of Brentwood, Oakley, Discovery Bay, Antioch and neighboring communities and share my experience and knowledge in the purchase and sale of distressed properties and short sale, I have partnered with two other experienced agents and a ...
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In an effort to help people with distrssed properties in Eastern Contra Costa and the communities of Brentwood, Oakley, Discovery Bay, Antioch and neighboring communities and share my experience and knowledge in the purchase and sale of distressed properties and short sale, I have partnered with two other experienced agents and a ...
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Without fail, while showing clients properties or hosting open houses in Brentwood or nearby cities, I get asked “What did this property sell for at the peak?” The response I want to give is “Why does it matter? The market determines value, and with current prices and financing, more people can purchase a home ...
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In 2008, more than 72% of all homes sold in Brentwood and 81% of homes sold in eastern Contra Costa County were foreclosures, also known as REO (Real Estate Owned). Brentwood and eastern Contra Costa housing prices are less than half of peak prices and there are many great deals for Brentwood home buyers including first time buyers, ...
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Brentwood and Eastern Contra Costa County housing prices are down 60% and greater from peak prices of 2006-2006. Prices of many Brentwood area homes are nearing $100 per square foot, lower than the cost to build. In addition, the monthly payment for the purchase of many Brentwood properties is less than rent, a great opportunity for first time ...
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********* CORRECTION********* Read article at http://www.fairmark.com/news/08073001-homebuyer-credit.htm for more information on this credit....,.
Congress has passed the Housing and Economy Recovery Act of 2008 (HR3221) and President Bush has stated that he will sign. One element of this bill is a ...
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A Northern California bankruptcy judge recently ruled that a lender could not collect on a stated income mortgage loan even though the borrowers lied in their application. Please click on the following link for additional information: http://www.bankrate.com/brm/story_content.asp?story_uid=25550&prodtype=mtg
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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 on almost every listing. It appears that buyers and their agents feel that ...
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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/ LocationSold Since 1/1/08PendingActive ...
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