Michael Bloch's (mbloch) Blog

By
Real Estate Agent - Sereno Group Real Estate
RECENT BLOG POSTS
I am now in the process of closing another short sale.  In this transaction I represented the seller on a condo in Capitola.   Overall, it was a smooth transaction.  This was my first time negotiating with GMAC as the lender and I have to say that overall they were reasonable to work with as far ...
07/09/2009
Congress has approved an $8,000 tax credit for fist time buyers. We were disappointed to see congress reduce the $15,000 tax credit for all home buyers to $8,000 for first time buyers. This is still an improvement from the current $7,500 tax credit currently offered because it does not need to be...
02/13/2009
Two of the buzz words right now in real estate are “foreclosure” and “short sale”. Currently, the MLS (multiple listing service) in Santa Cruz County is full of both foreclosure and short sale listings.  I have been noticing that although just about everyone has heard these terms and have a leas...
02/11/2009
I just recently closed another short sale in Soquel, which is located in Santa Cruz County.  In this transaction I represented the seller.  In this case the seller had purchased the property (though a different Realtor) at the peak of the market in 2005 for $729,000 with a first loan and a second...
10/29/2008
  We are finally starting to see some relief in loan rates for loans between the old conforming loan amount of $417,000 and the temporary conforming loan limit of  up to  $729,750 .  As part of the economic stimulus package the government raised the conforming loan limit from $417,000 to as high ...
05/14/2008
Many property owners have experienced declining values since the market changed and do not realize that they may be able to get their tax bill reduced.  If you know anyone who purchased property before the market changed, they may be paying too much in property tax.  When a property is purchased ...
04/16/2008
I recently completed a short sale in Capitola, in which I represented the sellers. I had read a lot about short sales, taken classes on short sales, and listened to stories from veterans on short sales. Like anything in life the best way to really learn something is by just doing it.In the curren...
03/01/2008
Rainer
13,707

Michael Bloch

local_phone(831) 515-1130
smartphone(831) 588-1588
Contact The Author