Pacita's Quick Bytes of Real Estate
A REALTOR's perspective on events that shape and affect the real estate market.
ARCHIVED BLOG POSTS
2012
How can you tell when a short sale buyer is serious about his offer?Being both a listing and selling agent for short sales, I’ve had my share of buyers backing away from a short sale, and having to start all over again.I’ve even had buyers who wanted to write multiple offers wanting to see which ...
01/30/2012
Petition to extend Mortgage Debt Forgiveness Act As many of us may already know, the Mortgage Debt Forgiveness Act of 2007 is expiring December 31 2012. However, we also know that we expect more property owners will explore going through a short sale. But will they have enough time? Will the len...
01/30/2012
An Evening of Jazz & Love Songs One of the best things to come to Alameda CA is the Rhythmix Cultural Works on Blanding Avenue. It hosts a multitude of events --- art shows, short plays, music, dance and more.On Friday, February 3 at 8 pm, they’re featuring the Kelly Park Trio for an Evening of J...
01/29/2012
Remodeling/expanding homes in historic Alameda CA? GET A PERMIT!Alameda CA is an island on San Francisco Bay, between San Francisco and Oakland. According to the Alameda Museum’s historical account of Alameda, “That Alameda has more Victorian style homes per capita that any other place in the Uni...
01/29/2012
What are extenuating circumstances to allow someone to buy another house after short sale or foreclosure? During a presentation to our office, a lender gave us insight on the ever-changing rules about how soon after a short sale or foreclosure can someone buy a home? We thought: Oh, after a short...
01/27/2012
This is an excellent explanationp that Anotnio Cardenas provided to help prepare the first time buyer. Seeing that buying a first home is one of the biggest and most important a first time buyer will make at this stage of his life, it is critically important that he has an experienced, caring, re...
01/27/2012
15
Comments
Buyer’s Preferred Lender Makes Agent NervousSometimes, home buyers will insist on using their own Mortgage Lender because it’s a friend of a family member, etc. We all love referrals from friends of friends/family, so I can’t and won’t say that it’s not advisable to do so...But sometimes...maybe ...
01/27/2012
64
Comments
Buyer investigationJust how much of the responsibility to conduct this buyer investigation rests on the buyer and his agent? With our California residential purchase agreement is a Buyer Inspection Advisory. We supplement this with the Statewide Buyer and Seller Advisory, Buyer Inspections Select...
01/26/2012
13
Comments
We are going through an incredibly challenging period in real estate where the tsunami of distressed properties created new problems. Local communities and governments are grappling with the challenge of maintaining neighborhood safety and quality of life amidst the sea of vacated and vandalized ...
01/24/2012
Seller decides to do a short sale....what shouldn’t he stop paying?We’ve seen sellers walk with their tails between their legs, feeling defeated. What we can do for them, besides offer empathy, is to advise them on what they can and cannot do to make the short sale move forward.Part of that couns...
01/24/2012
Rainmaker
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Pacita Dimacali
Alameda/Contra Costa Counties CA
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