Real Estate Secrets
What does a Typical REO REALLY look like?
Here it is, an REO home that is about typical. I have seen MUCH worse condition REOs than this and I personally bought one that was in MUCH better condition. But for those of you who have not seen what these look like, it is VERY different than a home being presented via traditional sale. [...]
Read Full Post | Make a Comment ( None so far )Why Silicon Valley Real Estate is So Expensive
Even though this video was recorded years ago (2000), the information still applies. It even has new interpretations knowing that since this interview, we had the real estate boom in 2004/2005, an explosion of new developments in the early 2000s, and now the foreclosure bust. A video interview of Carole Rodoni on Why Silicon Valley [...]
Read Full Post | Make a Comment ( None so far )How does a Short Sale Differ from a Bank Owned Listing?
There are many things that are different about a short sale when comparing to a bank-owned home (REO). 1. The most obvious to buyers is the condition of the home. The video below is a Short sale that I previewed for a client. As you can see no efforts have been made to make the [...]
Read Full Post | Make a Comment ( 1 so far )Does the Tax Assessor Owe YOU money?
If you bought your house after January 1, 2009 and before June 30, 2009, then it is quite possible the tax assessor owes you money, yeah! Why would you be owed money? Because you had to reimburse the seller at their tax base through escrow since taxes for Jan 1- June 30 are due in [...]
Read Full Post | Make a Comment ( None so far )Using Technology to Preview Homes for Buyers
Today so much technology is available to us. As a Realtor in Silicon Valley, I find it is very important to use all the tools I have to make the home search or sale quicker and less stressful for my clients. With the use of this video, my client did not need to visit the [...]
Read Full Post | Make a Comment ( None so far )Think Working with the Listing Agent is to Your Advantage? Let’s Talk About Agency.
Most people don’t buy or sell houses very often and the laws and rules are always changing. Who has time to read the fine print? And for that matter, in CA we have so much paperwork, who has time to even read the pages and pages of normal print! There are several kinds of agency relationships in [...]
Read Full Post | Make a Comment ( None so far )The FINE Print of Buying a Bank-Owned Home
Most buyers I interact with, say they want to buy a bank-owned home since it is such a “good value”. Have you thought this too? Well haven’t you heard “things are too good to be true” and “you always get what you pay for”? I warn buyers that these slogans apply here too. Did anyone [...]
Read Full Post | Make a Comment ( 3 so far )How to Determine If a Real Estate Market is a Seller’s Market or a Buyer’s Market
Today’s Silicon Valley market is split in this regard by area, some buyer’s markets, but many seller’s markets. But as a general rule the very lowest price ranges (<$500,000) are seeing multiple offers as banks continue the clearance sale they are having on foreclosures and are therefore seller’s markets. The percentage of homes on the [...]
Read Full Post | Make a Comment ( 1 so far )Ahh…that feeling of schools out for summer, kinda like buying a home
Do you remember that great feeling of freedom and excitement that you had every summer once school was out?! I saw some local kids leaving school today for the summer and the smile that they had on their faces brought back memories! It sparked all kinds of thoughts and feelings of childhood summers. Do you [...]
Read Full Post | Make a Comment ( None so far )Want to Argue with the Tax Assessor about your Home’s Value?
Well, you’ll be happy to know there is a process for this. BUT you must wait until July 1, 2009 and cannot procrastinate longer than August 15th, 2009. Find more information below about who is likely to get a reassessment and how you can appeal the amount if you disagree. Why do you have to [...]
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