Almost every single escrow I've been working on this month has been delayed due to the turnaround times in underwriting. Although my buyers get priority at Vitek Mortgage -- due to some new agreement that rewards Lyon Real Estate's top producers by pushing our buyers to the top of the pile -- not
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07/31/2009
My office assistant pointed toward a basket filled with business cards and said, "Elizabeth, you better put your card in there." Being the suspicious type, I immediately wondered if some vendor was coming to speak at our office meeting. Maybe that person was planning to give away an engraved coff
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07/30/2009
Never underestimate the power of a well liked buyer's agent, especially when it comes to complex transactions such as a Sacramento short sale. If the listing agent respects the buyer's agent and that agent has worked hard to build and maintain an excellent reputation within the real estate commun
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07/29/2009
Three of my new Sacramento short sale listings are probably going into active contingent status today, meaning the sellers will have accepted an offer. It's not always the highest offer that the seller chooses, although ordinarily that's what sellers want. More often it's the cleanest offer, and
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07/28/2009
I received a peculiar email last night from a buyer's agent about one of my Sacramento short sale listings. The agent said her buyers were hesitant about making an offer because they did not want to wait 60 days to find out if the bank accepted their offer. Furthermore, the agent continued, the a
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07/27/2009
Whenever I write an offer for a Sacramento buyer, I always pull the property profile to figure out how much the seller owes. For some unknown reason, I've run across listing agents who forget to do this when they take the listing, and I have no idea why. Not every buyer has the patience or fortit
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07/26/2009
Wouldn't you know it -- I try to take a day off yesterday to undergo a sinus lift (oh, the joys of aging) and, by evening, I received 7 or 8 offers, 3 potential listings and two buyer leads. I also received a very strange email from an agent about my listings. I think he combed MLS looking for a
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07/25/2009
Every day in this business holds new surprises in store for a Sacramento short sale agent. I'm old enough to understand that I can never underestimate what may happen. But nevertheless, I was still astonished when that short sale approval letter popped out of my FAX machine on Monday, 26 days af
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07/24/2009
Yearning for a short sale home in Elk Grove? Perhaps a home with an open floor plan in Franklin Meadows? Look no further. This popular Primrose model built by Dunmore in 2005 is offered as an Elk Grove short sale. The entry is huge; it makes you feel like you're walking into a dignitary's home. O
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07/23/2009
I always get up early. I like the peace and quiet in the morning. No phones ringing, no emails coming in, just a nagging cat wanting to know when he's going to get fed and he eventually gives up and goes back to sleep. Even the birds are silent before the sun comes up. This morning, about 6:30 AM
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07/22/2009
