Marcy Moyer's Blog – September 2011 Archive (5)

Milpitas Ca. Short Sale vs Bank Owned Transactions

Milpitas Single Family homes

Active Short Sale Listings:  23

Active Bank Owned Homes: 9

Pending Short Sale Homes: 49

Pending Bank Owned Homes: 11

Sold Short Sale Homes: Last 6 months 23

Sold Bank Owned Homes: 19

 

Milpitas Condo Townhomes

Active Short Sale Listings: 12

Active Bank Owned…

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Added by Marcy Moyer on September 27, 2011 at 7:49am — No Comments

San Jose Ca Distressed Property Market Report

San Jose Single Family homes

Active Short Sale Listings:  371

Active Bank Owned Homes: 77

Pending Short Sale Homes: over 578 (mls stops counting at 500 and there are more than 500 San Jose Short Sales waiting for bank approval, 41 bank approved waiting for buyer to remove contingencies, and 338 just waiting to close)

Pending Bank…

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Added by Marcy Moyer on September 18, 2011 at 4:31pm — No Comments

San Jose Short Sale Buyer's Agents Should Be Rated Also

When making an offer on a San Jose Short Sale it is common for the buyer's agent to ask the listing agent about his or her experience with short sales. They want to know if the seller's agent knows what he or she is doing because that is essential for a successful short sale completion. So when I am asked those questions I can honestly say that I am certified (CDPE),…

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Added by Marcy Moyer on September 13, 2011 at 3:27pm — 6 Comments

Tired of Losing Out To All Cash Investors, Try A Santa Clara Short Sale

Today in the Mercury News there was a story about how first time home buyers who need to purchase with loans are getting beaten out by investor cash buyers who often offer less than traditional buyers for foreclosures. …

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Added by Marcy Moyer on September 11, 2011 at 11:53am — No Comments

Sunnyvale Short Sale and Carbon Monoxide Detectors

Carbon monoxide monitor

There is a new law that mandates Carbon Monoxide monitors be installed in all residential properties in California. Lenders are taking this seriously! I had a buyer purchasing ashort sale in Sunnyvale that was scheduled to close last Friday, after several extensions. (The first lender kept asking for closings that were not physically possible to adhere…

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Added by Marcy Moyer on September 6, 2011 at 1:38pm — 1 Comment

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