VA buyers get the short end of the stick in Sacramento. That's the dirty little truth that nobody wants to talk about. When it comes to the hierarchy of lending and types of mortgages, VA loans fall to the bottom of the pile. You've got your cash buyers on top, followed by conventional, with FHA
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09/30/2011
A client implied a few days ago that I have other sources of income primarily because I am a real estate broker. It occurred to me how little the public knows about the real estate profession. They talk to friends who feed them misinformation. Being a real estate broker means I am held to a highe
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09/29/2011
An agent yesterday called me a crack up. Because I told him: If your buyer is happy, my life is complete. OK, so maybe I was half joking but I was also half serious. As a Sacramento short sale agent, I am concerned if the buyers for my listings are happy. Primarily because if the buyers are not h
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09/28/2011
They -- that ubiquitous they -- say that California is the land of fruit and nuts. You hear crap like that all the time when you live in California. But let me tell you, a new Field Poll released Tuesday found that 91% of voters in California say our state economy totally sucks. I don't see any f
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09/27/2011
An agent emailed yesterday to say he tried to show a listing but the sellers did not call him back. He asked if I could help him to get an appointment. Look no further than the red sparkly shoes on your feet, Dorothy. You've always had the power to go home. Just click your heels together and repe
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09/26/2011
The thing about being self-employed as a Sacramento short sale agent is the fact that limitations are present every day in my business. I am not boasting when I say there is only so much that one person can do. It's the truth. The way I stay successful is to stay hands-on. I could list 1,000 shor
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09/25/2011
I closed a short sale in Elk Grove yesterday and a short sale in Lincoln the day before that. There is something odd about both of these Sacramento short sales. something they both share in common. Both of these homes have a ton of upgrades that were not reflected in the sales price. Stuff the or
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09/24/2011
There are days I suspect I'd be better off if I did not answer my phone. I know I'd get more work done instead of pacing the floor as I speak. I can't just sit in my chair and talk. I don't know why. I must be mobile and moving. It helps me to focus. Or, maybe it's just my passion for Sacramento
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09/23/2011
I received two short sale approval letters yesterday. These were both preapproved HAFA short sales that Bank of America had farmed out to AMS Loan Servicing. They were approved for HAFA in June, sold in June and sat at AMS since then. The way they were handled seemed as though the negotiators wou
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09/22/2011
I was reading Valarie Swanson's post this morning about short sale timelines and realized I do have something to add that conversation. That's how it goes with most articles I write. Many outside influences trigger thoughts about short sales. It seems to be in my dna, and part of the reason that
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09/21/2011