We had a banner day in Sacramento short sales on Monday. While last week was one of those rare oddities in which it seemed that every time I turned around I was stepping into a big ol' pile of stinky dog poop, this week is definitely back on track. I am back to a relatively smooth running real es
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07/30/2012
Sunday was 3 things for me. Going to the movies, buying new luggage and answering calls from Sacramento home buyers. If you're looking for an interesting movie that will captivate and transport you to another time, I recommend Beasts of the Southern Wild, presently showing at the Tower Theatre in
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07/29/2012
Some things can come back to haunt. You might think you no longer own a home, for example, but you do. If a deed is not recorded, either from you or from an entity with the power to transfer title, you may still own that home. A client told me the other day that he didn't care if his short sale f
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07/29/2012
I tell Sacramento sellers upfront that when they sign a listing agreement with me, I will release them if they change their mind. I am not one of those Sacramento real estate agents who will hold a seller hostage against the seller's will. It's pointless to do. It's bad for my public image, and i
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07/28/2012
The biggest obstacle facing us short sale agents in Sacramento lately is closing the buyers' loan. Seems to have spread across the board this month. It's like a nasty little virus that gets passed around or maybe there's something foreign in their Vitaminwater, I don't know but they can't seem to
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07/27/2012
I was interviewed by Reuters a few weeks ago for an article about short sales. Linda Stern did a piece about a rush of short sales this summer. There is a rush going on in our Sacramento real estate market, all righty, but it's the rush to buy, not a rush of inventory. All of a sudden, home buyer
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07/26/2012
When your short bank says your loan must be in default to do the short sale, listen to those instructions. Even many Bank of America Cooperative Short Sale programs require default. What is default? A default happens when you fall behind in making your mortgage payment and are at least 30 days de
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07/24/2012
On the way out of the town of Nederland, heading down Highway 119 toward Boulder, is the Barker Dam. The dam holds water in the Barker Reservoir. There are not as many cars pulled over at that stretch of road. Not like you'll find further down where there's fishing in Boulder Creek or hiking pat
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07/24/2012
How is it that people you meet in person after chatting online are always exactly like you imagined them to be? Oh, I remember back in the day, like in 1995 -- which doesn't seem all that long ago to me but 17 years have passed since I met my husband online -- everybody talked about how dangerou
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07/22/2012
A client emailed yesterday to say she realized I am on a mini vacation but she needed to immediately know an answer. Although her escrow is a short sale -- and we just opened escrow, which means we won't get approval on this particular transaction for 3 months because it's a double Wells Fargo
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07/21/2012
