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Short Sale vs. Foreclosure

Our real estate market seems to be shifting yet again. It’s no secret that the banks lose significantly less money if they accept a short-sale offer as opposed to selling the home as an REO.

So, why don’t they pick up the pace on accepting short-sale offers? The reality is they lack the systems to […]

Help Keep the $8000 Federal Tax Credit Alive; Call to Action

The Northbay Association of Realtors(NORBAR)California Association of Realtors(CAR) and the National Association of Realtors(NAR) is working feverishly with congress to extend the $8000 tax credit.

The Federal Tax Credit which is due to expire on November 30, 2009, has been a huge buoy to the current market for first time homebuyers. Recent surveys show […]