Ever since I lost a short sale to the auction block in 2006, I've been trying to keep tabs on the foreclosure activity regarding my Sacramento short sales. On that particular transaction, we were in the middle of negotiations with Bank of America when the next thing I knew, an agent called to say
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10/31/2009
In the world of a Sacramento short sale agent, there is no such thing as a normal workday. Every day has its little frustrations. People may make promises that they don't keep. Other people might be unreasonable and demanding. I may explain 10 ways from Sunday how to submit an offer to a buyer's
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10/30/2009
This doesn't happen very often, thank goodness, but yesterday a short sale buyer flaked out. I had called a Sacramento agent to let him know that Chase Bank was about to approve a short sale for his buyer. The agent blurted, "Oh, that buyer bought a home last month." Bear in mind that we've sent
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10/29/2009
Some agents don't go to closings with their clients, but I always try to attend. I believe it's important to be at the signing with my clients because they might have questions, and because I like to show my support. To me, it's part of my job. After all, if I've helped my clients get that far in
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10/28/2009
I've said it before, but I'll say it again, I love working on Wachovia short sales. Give me nothing but Wachovia short sales in Sacramento and Elk Grove, and I'll be a happy, happy short sale agent. A Wachovia short sale is like that lone flower growing out of a sun-drenched sidewalk crack. I wor
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10/27/2009
People wonder what it's like to be self-employed. Having freedom from a boss is often quoted as one of the reasons that real estate agents go into the business. An associate in Sacramento says that being her own boss means that she's free to choose any block of 12 hours out of the day to work. It
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10/26/2009
You expect nothing less than sheer perfection in food from Rick Mahan, the owner and chef of Waterboy Restaurant in Midtown Sacramento, and his new restaurant, OneSpeed Pizza in East Sacramento, does not disappoint. This is truly a neighborhood experience. For one thing, it's difficult to find pa
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10/25/2009
Yesterday, I had 2 closings: one in Curtis Park and another in Carmichael. These listings were not short sales, which in itself is a feat in this market. The bulk of my listings are Sacramento short sales. On top of this, I handled 2 simultaneous home inspections: a home in Land Park and another
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10/24/2009
Short sale buyer's agents in Sacramento are wising up and asking more questions upfront about my listings before showing them to a buyer, but I still get the goofy questions about homes that are new to the market such as: Is this short sale approved by the bank? Some banks such as Wachovia and We
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10/23/2009
In life, there are always little twists that keep it interesting, wouldn't you say? For example, last week I was watching a HGTV show about a couple who were buying their first home somewhere in the Midwest. They had obtained an FHA loan. Because they didn't have the money for a down payment, the
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10/22/2009
