Would you crawl in through a bathroom window to gain access to a Rancho Cordova short sale? To be honest, I don't know if I would, but then I generally represent sellers. Yeah, you know, I probably would if it meant securing a transaction for my buyer, and I liked the buyer enough to do it. But t
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08/31/2012
It seems like every short sale with Citimortgage has been a challenge lately. Maybe it's because most of these are short sales with Citimortgage in second position instead of first position. That makes a difference. They're just battles. After we pass all the hurdles with the first lender, we sti
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08/30/2012
I'm a rare Sacramento short sale agent who loves Bank of America short sales. It's not that I love Bank of America -- although I do own Bank of America stock -- as much as I love doing Bank of America short sales. In particular, I am very fond of Bank of America Cooperative Short Sales. If I spot
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08/29/2012
Is it a good idea to put your home on the market in Sacramento right before Labor Day? It depends, I suppose. If you don't care if your entire Labor Day Weekend is spent being hounded by home buyers, agents calling to see your home, then by all means, go ahead. Usually, I would advise a seller to
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08/28/2012
The New York Times is today selling About.com for $300 million in cash to IAC. The sale will take place over the next couple of weeks. I have no idea how this sale will affect my homebuying website on About.com. I heard that Ask.com bit the dust after IAC bought it. Whether the same death will ha
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08/27/2012
Some people have noticed that I have a new logo. Others have noticed that I have a new website. Even some of my Sacramento clients have contacted me to say how much they like my new website at elizabethweintraub.com. Yes, it astonishes me to know that people who no longer do business with me beca
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08/26/2012
I've had clients ask me if they should make a payment to avoid a charge off on a short sale. It's a risky situation if they don't. But I can't tell them to do it one way or the other. Every short sale seller has to make that decision for herself. I know it is often better to deal with the devil y
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08/25/2012
I'm such a sucker for a short sale happy ending. It's what makes doing my job worthwhile. I love calling my sellers toward the end of the day to tell them their short sale has closed. I get notices in the morning from title to let me know, for example, that a loan has funded. Once a loan has fund
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08/24/2012
The thing about selling tons and tons of Sacramento short sales is you eventually get to see it all. Even those slow moving Chase Bank short sales eventually close. But I have a Chase Bank short sale at the moment that seems to reverse course depending on which way the wind blows. One day, Chase
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08/23/2012
I was so excited when I heard the news yesterday that sellers don't have to be in default anymore to do a government short sale, I was jumping up and down. Thanks to my friend at Bank of America who sent me the press release from FHFA. My handyman was over at the house working on my garage roof,
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08/22/2012