Foreclosure Pitfalls – Buying Banked Owned Properties Part II The following photos really illustrate how tricky the foreclosure market can be. The damage in this property pretty much eliminates 75% of all qualified buyers as only very particular financing is available for this type of property. What I could not capture in the photos is that […]
Top 3 REO-Forclosure Purchasing Pitfalls (Simi Valley Real Estate)
Top 3 REO-Forclosure Purchasing Pitfalls (Simi Valley Real Estate) I am going to focus several blog posts on REO purchases. The Simi Valley Real Estate market is experiencing more than half of it’s sales with distressed homes; a good portion of these being REO or otherwise known as foreclosures. 1. Getting caught up in the […]
Morgage Markets – A Fistful of Dollars
American Recovery and Reinvestment Act of 2009 Guest Post from Michael Chabot Hi Everyone, In keeping with the “The Good, the Bad and the Ugly” theme of previous email updates, I thought I should go in another direction with the Clint Eastwood thing thanks to the amazing effort about to be put forth by the […]
Making the Simi Valley Real Estate Experience Easier
Making the Simi Valley Real Estate Experience Easier The mountain of paperwork that is required to buy or sell a home in Simi Valley today can be overwhelming. Because people are so busy and spread out; the fax machine has helped ease the execution of documents, but this old technology has some major drawbacks. First […]
Phantom Inventories can be Deceiving (Simi Valley housing report)
Phantom Inventories can be Deceiving (Simi Valley housing report) We are constantly hearing all the time that Simi Valley housing inventories are shrinking and that sales are picking up. I have talked about it in my market updates. Let me put this in context. What most are not aware of is the Phantom Inventory that […]
Fidelity National Title set to Acquire LandAmerica Title
Fidelity National Title set to Acquire LandAmerica Title How will this impact home buyers and home sellers? The immediate impact will be in the lending industry. Several banks have refused to approve home loans for funding with LandAmerica Title policies. If your home is currently in escrow and LandAmerica (Lawyers Title) is the title insurance […]
New iPhone Apps Aid Search For Simi Valley Real Estate Homes
New iPhone Apps Aid Search For Simi Valley Real Estate Homes New iPhone Apps Trulia has a new iPhone app, see my video blog report below, Here are a couple for screen shots from the phone: Here is a screen shot from my blog on the iPhone courtesy of a WordPress Plugin for the iPhone:
Simi Valley Housing Market News August 26, 2008
Simi Valley Housing Market News August 26, 2008 Simi Valley Housing Market Update After four straight months of stronger sales in Simi Valley, the news is trying to find it’s way in this turbulent market. There is no doubt that Simi Valley’s foreclosure and short sale market have brought the bargain buyers out to look […]
3 tips for Renter’s Nightmare – Foreclosure and Eviction
As a Realtor that represents a major bank with their foreclosures, this is becoming a real problem in the current market. Imagine you signed a Lease for a home and you have been in the home for 8 months paying on time and one day there is a knock on the door. The representative at […]
Trulia TRULIA Snapshot – Great new home research tools for Buyers & Sellers!
I need to Apologize. I wrote this back in the end of May and it got lost in my drafts folder. Trulia rolled out their new SNAPSHOT web tool for home searches. I am happy to announce that my listings are all loaded on Trulia and they are all showing on Trulia’s new snapshot system. […]