Marcy Moyer's Blog (80)

South San Jose Homeowners: B of A Co-op Short Sales Big Change!

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 …

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Added by Marcy Moyer on January 21, 2013 at 11:41am — No Comments

San Bruno Probate Home In Foreclosure: What Should I Do?

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…

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Added by Marcy Moyer on January 10, 2013 at 12:30pm — No Comments

San Mateo County: 2012 Short Sale and Foreclosure Roundup

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:

Santa Clara County Short Sales

Closed sales from June 1,2012 to Dec 26, 2012:  

 …

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Added by Marcy Moyer on January 2, 2013 at 2:58pm — No Comments

Santa Clara County: 2012 Short Sale and Foreclosure Roundup

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:  

 …

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Added by Marcy Moyer on January 2, 2013 at 2:54pm — No Comments

Santa Clara County Short Sales and Bank Owned Homes Are Hard To Find

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…

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Added by Marcy Moyer on January 2, 2013 at 1:34pm — No Comments

Big News For Blossom Valley Short Sales: Fannie and Freddie Changes

Great news for people who need to short sell their Blossom Valley

or Silicon Valley home!

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…

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Added by Marcy Moyer on January 2, 2013 at 1:24pm — No Comments

Bank of America Comes into the 21st Century With Electronic Signatures

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…

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Added by Marcy Moyer on October 16, 2012 at 9:10pm — No Comments

Watch Out For Blossom Valley Short Sales When The Seller is a Realtor

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…

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Added by Marcy Moyer on October 8, 2012 at 11:29am — No Comments

Sometimes a Blossom Valley Short Sale Is Not The Right Answer

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%…

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Added by Marcy Moyer on September 12, 2012 at 5:43pm — No Comments

Redwood City Short Sale Closed, Most Challenging I Ever Had

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…

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Added by Marcy Moyer on September 10, 2012 at 9:00am — No Comments

Silicon Valley Investors, Buy and Hold or Buy and Flip?

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…

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Added by Marcy Moyer on September 4, 2012 at 1:05pm — No Comments

Blossom Valley Pending Short Sales

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…

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Added by Marcy Moyer on August 24, 2012 at 11:14am — No Comments

Blossom Valley San Jose Ca Short Sale/Foreclosure Round Up

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…

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Added by Marcy Moyer on August 6, 2012 at 2:46pm — No Comments

Los Altos Ca Short Sale/Foreclosure Round Up

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:…

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Added by Marcy Moyer on August 6, 2012 at 2:33pm — No Comments

Los Altos Hills Short Sale/Foreclosure Round Up

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:…

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Added by Marcy Moyer on August 6, 2012 at 2:00pm — No Comments

Woodside Ca Short Sale/Foreclosure Round Up

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:…

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Added by Marcy Moyer on August 1, 2012 at 5:19pm — No Comments

Portola Valley Ca Short Sale/Foreclosure Round Up

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:…

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Added by Marcy Moyer on August 1, 2012 at 5:18pm — No Comments

Palo Alto Ca Short Sale/Bank Owned Round Up

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:…

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Added by Marcy Moyer on August 1, 2012 at 5:15pm — No Comments

Santa Clara Ca Short Sale/Foreclosure Round Up

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:…

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Added by Marcy Moyer on July 30, 2012 at 1:12pm — No Comments

Mountain View Ca Short Sale/Foreclosure Update

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:…

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Added by Marcy Moyer on July 30, 2012 at 9:14am — No Comments

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