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If I saw an REO I really liked….

February 20, 2012

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I might well do a little homework and make an offer. I’d take a look at the methodology Aequitas used in their SF audit and the Methodology McDonnell Property Analytics used in their Massachussets Audit and then look at the paperwork at the county Recorder’s office. Since 84% of the foreclosures looked at in SF [...]

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A few comments on Short Sales

February 20, 2012

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My first listing was a short sale, I was smart enough to colist with an agent in my office who had a lot of experience doing them. I was Mr outside and she was Ms inside. It worked well and we got the deal through in pretty good time. These days I would probably just [...]

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CURRENT WORLD RECESSION: THE BIG PICTURE

February 20, 2012

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This week I attended a webinar sponsored by a major investment firm.  One of the company’s chief advisors, with 33 years of experience, gave his thoughts on where the world economy is right now and what might happen in 2012. I am certainly not an economist.  And not all economists are in agreement as to [...]

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Will it get harder to finance Bank owned Homes?

February 20, 2012

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I corresponded with several Real Estate Attorneys a couple of years ago when the language in CLTA and ALTA title insurance policies changed to exclude defects in the chain of title due to an improper foreclosure and was told it was no big deal because foreclosures were routine procedures in california and the likelihood of [...]

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What inning is it for the housing market recovery?

February 18, 2012

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Some recurring questions in the residential real estate story are, “How far along are we? When will the housing market be “normal” again?”  Well, we could debate the meaning of  “normal” forever and a day, but one way to add to our knowledge is to estimate how many mortgages are yet to default, or homes [...]

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Finding a good agent

February 17, 2012

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I would have no hesitation referring a buyer or seller to Greg, or to Andrew Jeffrey. I have corresponded with them enough to know that they are competent professionals. I would tell the person I sent their way to talk to them at enough length to see if they are compatible. Ask your friends and [...]

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