Well, the numbers for homes sold in May are in, so it’s time to take a look at our local real estate markets, beginning with Sacramento County. To look at unit volume first, it’s practically unchanged since last year, at 1761 units sold in May 2010 versus 1757 in May, 2011, a difference of only [...]
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When I talk to homeowners I know about their problems getting a loan modification or when I work on a short sale, a common theme that comes up over and over again is “Why is this process so hard if the bank is going to lose more money on foreclosure than they will on a [...]
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First of all, I want to congratulate Mike Keleshian on the progress of his short sale listing in Shingle Springs, which has an offer on it and is going to escrow. The outstanding subcontractor we use who is a dedicated short sale negotiator has already begun the process of getting the file in order and [...]
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There’s a lot of misinformation about short sales, and at least some of that is coming from the real estate agents who get paid to do them. To be sure, there are some advantages to doing a short sale, but they may not be what you’ve been told, especially if you’ve met with any over-zealous [...]
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