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Short Sale Myths A short sale can be an excellent solution for homeowners who must sell and owe more on their homes than they are worth. Unfortunately, a number of myths about short sales have developed, and it is important to understand the reality of this process should you find it meets your current needs. Myth [...] The following is my response to a zip code specific question on Trulia. The zip code 95403 covers a large portion of the north west quadrant of Santa Rosa. I’m posting it here because the basic premise can be transferred to any area of low to mid priced homes in good neighborhoods that exerienced rapid equity growth [...] Share and Enjoy: Check out the properties which are either in default,going to Auction at the Courtsteps OR now Bank Owned or an “REO” (Real Estate Owned) property. Not a pretty picture. Will it get worse? Are we going to experience the next “wave” will it be a Tsuami? Or weakly lap up against the shore of this [...] The $8000.00 First time home buyer tax credit is set to expire on Nov 30th, 2009. This is the date you will need to CLOSE ESCROW if you wish to claim the credit. With escrows taking at least 30 days to close…and often more, you should have an accepted offer in escrow no later than [...] The Internal Revenue Service publishes a number of real estate publications. They are listed by number: This a very interesting slide provided by the California Association of Realtors (CAR) chief Economist, Leslie Appleton-Young. It illustrates the rather steep slide we’ve experienced from the “Peak” pricing days to the current market levels. This is the largest, steepest decline in State History! Here’s to living in interesting times. I’m discussing this [...] September 24, 2009 Market Forecast: From the Editors of “Leeb’s Income Performance Letter” The Fed’s Continuing Life Support–Why the Markets Aren’t Impressed The Federal Reserve said yesterday that an economic recovery has begun. But actions speak louder than words: The Fed also signaled that it’s still too soon to start withdrawing its stimulus programs, particularly for the housing [...] I had a great time hosting the show this morning and couldn’t have asked for a better guest. Eileen ’s insight into this market from her vantage point as the managing broker at Keller Williams Realty… not to mention her 30+ years in Sonoma County Real Estate, was a real treat. Eileen, spoke of her recent experiences with [...]
Allison did a superb job this morning as my host of the radio show and she spoke of being an investor herself and reccomended this book as a “must read” for every real estate investor. One of the reasons we are seeing so many real estate investors into today’s marketplace is [...] |
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