I am seeing more and more short sale approval letters that require revisions upon receipt. Like yesterday morning I received an approval letter from a Wells Fargo first lender position that was off by $500 on the sales price. And it was the $500 increase that Wells Fargo had demanded in its Equat
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06/19/2012
Ghostbusters! That's what it felt like yesterday when agents all over the country called to ask me short sale questions. (My blog was featured in an Active Rain newsletter.) One word. Don't. Please don't call me. I can't help you. I have my hands full with my own short sales in Sacramento. To pro
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06/18/2012
Elizabeth, how do you close so friggin' many short sales in Sacramento? What is the secret to your success as a Sacramento short sale agent? That's what I get asked all the time by Sacramento agents. Some agents question my sanity, adding they will never in a million years touch a short sale. Oth
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06/17/2012
You've gotta love our California legislature. They all start out innocent enough. Sober enough. Shoes polished, hair combed, clothes pressed. Then, somewhere along the line, they seem to get yanked in so many directions that nothing short of 10 shots of scotch can help. Our lovely C.A.R. trots al
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06/16/2012
Last night the sprinklers went off. I wondered if they were broken. But no, my husband intentionally ran our sprinklers because he wanted to prepare for our 100-plus temperatures today. We can't water on Saturdays because it's against the rules. So we watered twice on Friday. We are preparing for
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06/15/2012
Are short sale clients more grateful than sellers with equity in Sacramento? I do the same job for sellers who have equity as I do for sellers of short sales. Meaning I get the highest price possible in the shortest period of time with the least amount of hassle for the seller, and I close the tr
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06/15/2012
We are all the sum total of our own experiences. Whatever you picked up traveling down the road of life is part of what makes you who you are today. You can't totally change who you are, regardless of how hard you try, so you may as well embrace your strengths and try to understand your weaknesse
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06/14/2012
Even though it's been almost 40 years since I worked for a title company, that background still comes in handy in real estate. I started in this business as a title searcher, searching land. I wasn't always a Sacramento real estate agent. I used to search the public records at the Boulder County
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06/13/2012
Odds are if I have a problem with a Bank of America short sale, it's due to AMS. Overall, Bank of America has been a lot more focused on solving its short sale issues than a few other banks I won't name. Most of my Sacramento short sales go pretty smoothly when they involve Bank of America. Excep
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06/11/2012
You don't need a reason to not buy a home and cancel a real estate transaction in California. Not if you cancel the contract during the contingency period. Most real estate agents won't tell you that because they want you to close. They don't tell you to read paragraph 14-b1 in your purchase cont
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06/10/2012
