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
In East Palo Alto from Jan 1, 2012 until June 30, 2012 there were:
36 closed short sales
20 closed bank owned homes
Total sales during this time…
ContinueAdded by Marcy Moyer on July 21, 2012 at 4:28am — No Comments
58 closed short sales
32 closed bank owned homes
Total sales during this time period were 447
Total % Short Sales: 12.9%
Total % REO…
ContinueAdded by Marcy Moyer on July 16, 2012 at 4:51am — No Comments
In Redwood City from Jan 1, 2012 until June 30, 2012 there were:
46 closed short sales
22 closed bank owned homes
Total sales during this time period were 363
Total % Short Sales: 12.6%
Total % REO Sales: 6%
Total Percentage Redwood City Distressed Properties: 18.6%
18.6%…
ContinueAdded by Marcy Moyer on July 14, 2012 at 3:23pm — No Comments
I have been working on a Redwood City short sale with Chase since last September. Now if this were 2009 this would be more like dog bites man rather than man bites dog. But it is 2012 and most short sales do not take so long. However, this one has a 3rd loan for a lot of money and it slowed the process down.
Selling the property at market value was not that hard, despite being on a fairly busy street. We got an offer for $510,000 and a BPO for $510,000 so it started…
ContinueAdded by Marcy Moyer on July 14, 2012 at 10:42am — No Comments
In Menlo Park from Jan 1, 2012 until June 30, 2012 there were:
9 closed short sales
9 closed bank owned homes
Total sales during this time period were 227
Total % Short Sales: 4%
Total % REO Sales: 4%
Total Percentage Menlo Park Distressed Properties: 8%
8% of all Menlo…
ContinueAdded by Marcy Moyer on July 9, 2012 at 3:14am — No Comments
Beautifully maintained 3bd/2ba Condo in Indian Palms Country Club; Just Listed. $138,000. This home is on an end parcel so common areas surround it, making it very private and quiet. Plus..the Eastern porch is right on the Fairway! 3bd/2ba, built in 1981, with vaulted ceilings and a remodeled kitchen..even includes a single enclosed garage + a covered carport..what a…
ContinueAdded by Kimberley Kelly on July 3, 2012 at 1:57am — No Comments
It's time for the short sale/vs REO round-up for the first half of 2012. Today I will do the entire county, and then will break down the numbers by city.
So, in Santa Clara County from Jan 1, 2012 until June 30, 2012 there were:
1783 closed short sales
1099 closed bank owned home
Total sales during this time…
ContinueAdded by Marcy Moyer on July 2, 2012 at 4:40pm — No Comments
It's time for the short sale/vs REO round-up for the first half of 2012. Today I will do the entire county, and then will break down the numbers by city.
So, in San Mateo County from Jan 1, 2012 until June 30, 2012 there were:
517 closed short sales
430 closed bank owned home
Total sales during this time period were 2520
Total % Short Sales:…
ContinueAdded by Marcy Moyer on July 1, 2012 at 6:31pm — No Comments
In 2007 the Sunnyvale market was very competitive for buyers, especially for homes in the Cupertino School District. Many homes were getting multiple offers (like today) and nerves were often frayed (like today). I was working with a very nice couple who were looking for a single family home with Cupertino schools. They made several offers before one of their offers was finally accepted.
One house came on the market in the Birdland neighborhood and the agent said we…
ContinueAdded by Marcy Moyer on June 29, 2012 at 1:07pm — No Comments
Don't be an ostrich!
If you have an questions about short sales in The Silicon Valley please feel free to contact me.
Marcy Moyer
Keller Williams Realty
650-619-9285
D.R.E. 01191194
Added by Marcy Moyer on June 22, 2012 at 11:30am — No Comments
As a Menlo Park Short Sale Agent I get asked this a lot. My answer is a definitive sort of, especially if it is a Chase short sale.
Here is how it may make a difference.
Some homeowners owe more on their homes than the home is worth,…
ContinueAdded by Marcy Moyer on May 21, 2012 at 8:10pm — No Comments
Many homeowners who are having trouble paying their mortgages will stop opening their mail from the lender. It is understandable to feel, what is the point? I can't pay and nothing they say to me will change that. However, if your lender is Chase you may want to open that letter.
Chase is giving relocation assistance to some homeowners who are in default if they agree to short sell their…
ContinueAdded by Marcy Moyer on May 18, 2012 at 8:26am — No Comments
It is no secret Mountain View as well as most of the Silicon Valley is experiencing multiple offers on homes for sale. While this is great for sellers, it can be extremely frustrating for buyers, and their agents. After losing 5-10 homes a buyer will unquestionalbly start to doubt their agent. They may feel that their agent is doing something wrong and maybe it is time to find someone else.
Will this work? Maybe, but there are limits to what a…
ContinueAdded by Marcy Moyer on May 13, 2012 at 5:00pm — No Comments
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