Beth's Blog

As usual, I was holding an open house this past Sunday afternoon hoping to find some buyer's who had not found an agent to work with yet. A young couple came in and we started to chat about their dream home and I asked them if they had contacted a lender yet? They looked a little uncomfortable an...

Here on vacation in the Tampa area and am amazed at the different attitude of agents towards REO's than what I experience in California. I have a brother looking to invest and so we went to check out a house in his neighborhood which was bank owned at $150,000. When I called the agent on another ...

There have been a lot of articles lately outlining the various methods used to get out from under a home that is worth less that what is owed. According to a recent poll in 2008 there were over 1 million homes foreclosed upon across the country and of that amount 60% of the homeowners never conta...

This month the California Association of Mortgage Brokers (CAMB) held their 5th Annual Expo for the lending industry in Sacramento, CA. The topic of the day was Loan Modifications and how to help consumers obtain a successful loan modification while  protecting both consumer and vendor.  One stat...

A couple of months ago I researched the short sales available in Folsom Ca and 64% of all homes available were in a short sale status. Today I ran the same search and the statistics showed a significant decline to approximately 29%. So what happened? I surmise it has a lot to do with the increase...

There's been a lot of talk about the extension of the Notice of Default (NOD) filings by the senate bill 1137 passed this February and it's impact on the housing crisis in California. According to the report it extends the filing of the NOD's (Notice of defaults)by 90 days so it seems that homeow...

Folsom has developed a reputation as one of the best places to live due to the outdoor recreation available nearly 11 months of the year although this year seems to be the exception…due to a lack of rain the number pushes 12 months.  So this year the city is hosting it’s first film festival featu...

Yahoo!   Yup...I finally closed my first short sale and what an ordeal it was! Two different lien holders, a 6 month old water bill and a water heater that was flagged by PGE because it wasn't up to code! Talk about stress! I have to say I learned a lot...there's a game the banks are playing with...

The other day the local newspaper called to ask my opinion of the "real estate crisis" in our fair town. At first I was flattered that I was asked my opinion but reflecting upon the conversation I feel as though I was a pawn being used by the local media to generage business for them...THEM...the...

This is the last call for the next auction being held in the Sacramento, Ca area...tomorrow is the last day to preview the over 100 homes for sale. The auction day is set for the end of Feb...I think the 23rd. I think its time for those investors to come out and play!