Blogzz

By
Real Estate Agent - BRE# 01
RECENT BLOG POSTS
The San Diego Business Journal reported yesterday market news that should relieve a bit of stress in the distressed market we have experienced for that last two years: "The housing market is showing consistent, albeit gradual signs of recovery as median home prices and home sales rose in June, La...
07/18/2009
I'm seeing this all over - Citi Mortgage telling agents to tell the 1st lien holder to take their $3000 offer to the 2nd and shove it. Our most recent Citi negotiation ended with Citi requiring 10% of the balance on the 2nd form the seller PRIOR to close of escrow in order to approve the sale. Th...
07/18/2009
Below is a typical boilerplate approval from Countrywide. Many agents are telling sellers that if they have purchase money loans, then this approval is good enough. The problem is that BofA, who now owns Countrywide, doesn't quite see it that way and is now actively selling debt to 3rd party inve...
07/18/2009
While the San Diego real estate market has seen it's share of sharks circling for the kill, if you are beachfront, its the giant Humbolt squid that grows up to five feet in length that is unnerving more than a few loacls and tourists alike this week. Local divers have reported large amounts of th...
07/17/2009
The San Diego based Law Firm of Quintana, McConnin & Sarte LLP launched a new web site this week at www.qmslaw.com. The firm practices business law and litigation, as well as personal injury, but has been focusing on bankruptcy, real estate and mortgage issues as the housing crisis has deepened. ...
07/17/2009
What steps do you take when qualifying a potential short sale listing? Do you require your seller to obtain legal and tax advice first? Do you ask if walking away is an option? Are they a candidate for bankruptcy? Aside from determining if a hardship exists (many short sales are done without a ha...
07/17/2009
With the impending July 1, 2009 deadline for those acting as foreclosure consultants in California to register with the Attorney General's office and post a $100,000 bond, the question that still has not been definitively answered is, "Can a real estate agent doing a short sale cross the liine in...
06/27/2009
Lock changes, such the one illustrated in this post - http://activerain.com/blogsview/932337/LOCK-CHANGES-ARE-KILLING-THE-SHORT-SALE-BUSINESS, are not uncommon. However, if the property has not been abandoned and the bank changes the lock, they just did you a huge a favor. If the locks are change...
02/22/2009
Enough is enough! I've had it with thieves, liars and unethical agents. The gloves are now off.  Normally when I find my work stolen, I notify them directly. but not this time. This time guns are blazin' and I'm going to hang 'em high. He can find out about my actions the same way I found out abo...
09/17/2008
Then dont miss Goin2Travel, a vacation rentals website site that offers easy online booking for vacation rentals around the world. Real estate agents should also check out their real estate section. They offer agents for free, the abilty to advertise real estate listings in such areas as Hawaii, ...
09/05/2008
Rainmaker
33,840

. .

Contact The Author