Bay Area Real Estate Trends

An associate of mine directed my attention to Bella Homes LLC, which markets itself as a way to save homeowners from foreclosure. I took a look at their proposal and did some research. Here is what I have learned so far… About Bella Homes Bella Homes, LLC is a Multi-Level-Marketing (MLM) company that makes money [...]

A lot of people are asking what I think will happen in the housing market in 2012. But rather than just give a laundry-list of predictions, I’d like to share my thoughts within the context of steps that different type of readers and clients may be considering. First, a general note on the housing market… [...]

It happens. The Notice of Trustee Sale has arrived but the homeowners are still expecting a miracle modification. Or, worse, they’ve stuck their heads in the sand completely. Then, with just days before the foreclosure date, they frantically call a real estate agent to list their home as a short sale. Often, it’s too late. [...]

Typically, an “approved” short sale happens when the short sale lender approved an offer from a buyer, at a price, and then that buyer backed out of the deal. In that situation, the Seller and their agent have a letter from the bank approving that previous offer, from those buyers and with those costs, and [...]

Countless foreclosure victims will be hit with deficiency judgments for the unpaid portions of their foreclosed mortgages in the coming years. Most states allow lenders to sue borrowers for an unpaid balance, some for as long as 20 years. Many of the collection agencies and distressed-debt investors have not bothered trying to collect yet, because [...]

I’m not in academia and I’m not an economist -which means my ideas might actually work.

Obama, listen up. In the name of stabilizing home prices, your advisers have confused the disease with the cure.

Here is my 5-point plan to fix the housing market