The colors you grew up with tend to be the colors you think about painting when you buy your first home in Sacramento. For me, those colors are pink and blue and, yes, even green. They might not be the best colors, though, for resale, for when you are selling that Sacramento home. I'm a person wh
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10/21/2012
My client emailed this morning to ask me to explain the significance of a short sale BPO. She is in the middle of a Seterus HAFA short sale for her principal residence in Sacramento. Like with most HAFA short sales, they rely in part on the value of the short sale BPO, but they also contain other
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10/20/2012
Bank of America called me for the third time yesterday on a short sale file that's not mine. Every time the bank calls, I tell them yes, the sellers had completed a third party authorization but I no longer represent them. I don't represent them because they screamed at me on the phone. Ordinaril
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10/19/2012
It's music to my ears when a seller calls to say she lives in the Sacramento area, has a mortgage with Bank of America and wants to do a short sale. This Sacramento short sale agent is probably the only happy person the seller has spoken to who has anything good to say about Bank of America. Sell
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10/18/2012
You know what's worse than a buyer's agent who can't help a home buyer buy a Sacramento home? A buyer's agent who represents her kid. I have a mother calling me over and over asking how her daughter can buy a home in Sacramento. She's FHA, and that means she's got the short end of the stick. I ca
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10/16/2012
I participated in a short sale panel discussion yesterday at FRED, which is Fun Realtor Education Day for Lyon Real Estate agents and guests. There were so many agents there that it was standing room only. The panel was 2 people: me and another agent, Mark Saakian. He has a really cool accent. Se
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10/16/2012
A buyer for a home in East Sacramento yesterday called her previous agent a cheeseball. She didn't really call him a cheeseball as much as she said his behavior and attitude was cheesebally. It got to the point where I had to tell her to stop talking about her previous agent because that part of
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10/14/2012
I don't know why the chorus for Springtime for Hitler keeps running through my head. Probably because I just finished reading Boomerang: Travels in the New Third World, and have been pondering the author's take about Germany and many a German's fascination with an unmentionable. Or maybe it's bec
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10/14/2012
An alarming thing is happening to Bank of America short sales. Especially the Cooperative Short Sales that have already been approved. I've got a bunch of Cooperative Short Sales pending in Sacramento. This means we've already had the price and the property approved by Bank of America. In my case
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10/13/2012
I know when I came into real estate back in the mid 1970s, I did not know what the term Top Producer meant. I had heard it bantered about, though. It sounded like working on an assembly line, maybe putting parts on an automobile; I didn't really know how it connected to real estate. Or, maybe it
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10/12/2012