While prices are rising in the Silicon Valley there are still homes that are underwater and you may need to short sale your South San Jose home. If this is the case, don't wait!
Bank of America has instituted some new policies which can have a major influence on your …
ContinueAdded by Marcy Moyer on January 21, 2013 at 8:41am — No Comments
If you are the Personal Representative for a San Bruno Home in Probate that has a delinquent mortgage, but there is equity in the home, DON'T BE AN OSTRICH!!!!!!
It is now very common for San Bruno homes that are in Probate to have mortgages. Many homeowners were enticed to…
ContinueAdded by Marcy Moyer on January 10, 2013 at 9:30am — No Comments
As the year comes to a close you may be wondering what the foreclosure and short sale market looks like in San Mateo Clara County. In a word, things are pretty quiet. The numbers of sales are down. Here is what it looks like:
Closed sales from June 1,2012 to Dec 26, 2012:
…
ContinueAdded by Marcy Moyer on January 2, 2013 at 11:58am — No Comments
As the year comes to a close you may be wondering what the foreclosure and short sale market looks like in Santa Clara County. In a word, things are pretty quiet. The numbers of sales are down. Here is what it looks like:
Closed sales from June 1,2012 to Dec 26, 2012:
…
ContinueAdded by Marcy Moyer on January 2, 2013 at 11:54am — No Comments
Are you looking for a deal in a Short Sale or Bank Owned home in Santa Clara County? If so, don't bother. The inventory of distressed properties in the county is so low it is not worth doing a specific search for either a short sale or…
ContinueAdded by Marcy Moyer on January 2, 2013 at 10:34am — No Comments
Great news for people who need to short sell their Blossom Valley
If you have a hardship, loss of job, divorce, change in financial circumstance from medical or family issue, etc, you can now be considered for a short sale even if you have not…
ContinueAdded by Marcy Moyer on January 2, 2013 at 10:24am — No Comments
I am so excited about this news! I know, it doesn't take much for me to get excited, but this is really big news in my opinion.
Up until now if you were involved in a Silicon Valley Bank of America Short Sale they did not take electronic signatures. This would have been ok if the bank could sit with you in your conference room and look at the offers. We all know this…
ContinueAdded by Marcy Moyer on October 16, 2012 at 5:10pm — No Comments
I was reading about short sales, as I do every Sunday morning on a great site for short sale information Short Sale Superstars. There was a discussion about a Bank of America Short Sale that had been approved, and then denied after the approval, a few days before closing. The reason:
The seller was a real estate broker and the listing agent works for the seller. The buyer…
ContinueAdded by Marcy Moyer on October 8, 2012 at 7:29am — No Comments
Yesterday I got a call from a client I will never forget. She said "I was able to modify my loan, I can keep my Blossom Valley house, and you were the only one who believed I could do this, so thank you." This made me so incredibly happy.
So what happened was this client and her then husband were pregnant with their first child and ready to buy a home together. They found their dream home in Blossom Valley with my help, purchased it in 2006 with 10%…
ContinueAdded by Marcy Moyer on September 12, 2012 at 1:43pm — No Comments
I finally closed a Redwood City short sale that started in Sept of 2011. Yes, one year for a short sale. What was the problem? Let me count down just the top 10.
10. The sellers asked another agent in my office to sell this home as a short sale but this wonderful agent had never listed a short sale before. She asked me to help her, but by the time she did they were 2 weeks from the trustee sale date and the sellers were sitting on a perfectly good…
ContinueAdded by Marcy Moyer on September 10, 2012 at 5:00am — No Comments
Silicon Valley Home Prices are on the rise. Inventory is low, and there are plenty of buyers out there making multiple offers the norm, not the exception. Investors have been a big factor in the market since the crash, but now it may be time for a change if you are an investor.
For the last few years investors were gobbling up foreclosed homes, short…
ContinueAdded by Marcy Moyer on September 4, 2012 at 9:05am — No Comments
Blossom Valley is a hot bed of short sales. It is one of the neighborhoods in the Silicon Valley that has not gone back to the values of 2007-2008. So many of the homes for sale right now are being sold as short sales since the owners have negative equity in their homes.
There are currently 196 pending homes listed as…
ContinueAdded by Marcy Moyer on August 24, 2012 at 7:14am — No Comments
In Blossom Valley from Jan 1, 2012 until June 30, 2012 there were:
263 closed short sales
104 closed bank owned homes
Total sales during this time period were 626
Total % Short…
ContinueAdded by Marcy Moyer on August 6, 2012 at 10:46am — No Comments
In Los Altos from Jan 1, 2012 until June 30, 2012 there were:
3 closed short sales
3 closed bank owned homes
Total sales during this time period were 192
Total % Short Sales:…
ContinueAdded by Marcy Moyer on August 6, 2012 at 10:33am — No Comments
In Los Altos Hills from Jan 1, 2012 until June 30, 2012 there were:
1 closed short sales
0 closed bank owned homes
Total sales during this time period were 45
Total % Short Sales:…
ContinueAdded by Marcy Moyer on August 6, 2012 at 10:00am — No Comments
In Woodside from Jan 1, 2012 until June 30, 2012 there were:
3 closed short sales
4 closed bank owned homes
Total sales during this time period were 51
Total % Short Sales:…
ContinueAdded by Marcy Moyer on August 1, 2012 at 1:19pm — No Comments
In Portola Valley from Jan 1, 2012 until June 30, 2012 there were:
0 closed short sales
1 closed bank owned homes
Total sales during this time period were 32
Total % Short Sales:…
ContinueAdded by Marcy Moyer on August 1, 2012 at 1:18pm — No Comments
In Palo Alto from Jan 1, 2012 until June 30, 2012 there were:
1 closed short sales
3 closed bank owned homes
Total sales during this time period were 284
Total % Short Sales:…
ContinueAdded by Marcy Moyer on August 1, 2012 at 1:15pm — No Comments
In Santa Clara from Jan 1, 2012 until June 30, 2012 there were:
97 closed short sales
47 closed bank owned homes
Total sales during this time period were 491
Total % Short Sales:…
ContinueAdded by Marcy Moyer on July 30, 2012 at 9:12am — No Comments
In Mountain View from Jan 1, 2012 until June 30, 2012 there were:
16 closed short sales
22 closed bank owned homes
Total sales during this time period were 349
Total % Short Sales:…
ContinueAdded by Marcy Moyer on July 30, 2012 at 5:14am — No Comments
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