Where are the foreclosures in San Jose?
Simple answer. Everywhere. In San Jose, according to Foreclosure Radar, there are 600 foreclosed single family homes, condominiums, and town homes in the San Jose area. See the map below for the...
View ArticleSan Jose Rose Garden Home for Sale Open House
Comfortable Rose Garden Home for sale in San Jose. Overview Maps Photos Neighborhood Market Stats IDX Search $638,000 Single Family Home Main Features 3 Bedrooms3 Bathrooms Interior: 1883 sqft Lot:...
View ArticleWhat are the steps in buying a short sale?
A short sale is a real estate sale by the private owner (not a bank) where the home’s market value is less than the what the seller owes the bank. Therefore, the seller is asking the lending bank to...
View ArticleWriting an offer on a short sale? Top 5 things to watch out for when buying a...
I could have titled this Top 100 things because in reality every short sale deal proposes a unique surprise to deal with between offer and closing. But, there are several items that seem to come up...
View ArticleTop 10 Reasons Why a Short Sale Approval is Delayed
How long will it take for a short sale approval? Definitely one of those questions that many buyers and sellers are asking. When we first began riding the wave of short sales in 2008, lenders were...
View ArticleHow do you speed up a short sale?
Q. How do you speed up a short sale? I am already pre-qualified to the price the seller is asking. What is the average waiting period on a short sale? So many variables. I once had an approval from...
View ArticleHow do I improve my credit score?
According to a recent New York Times article and a report by the Federal Reserve, a majority of banks are less likely to offer loans to people with a FICO score of 620 and a 10 percent down payment...
View ArticleBank of America qualifying owners for up to $30,000 relocation on short sales!
Over the last two years, Wells Fargo, Chase, and Bank of America have come to understand that many homeowners underwater on their home head down the path of non-payment and foreclosure simply because...
View ArticleBuyer’s Earnest Money Deposit on a Short Sale?
Q. CJ, can you explain what “buyer to deposit earnest money with escrow pending lender approval” means in the purchase agreement for the short-sale I’m buying means? In “traditional” sales, the...
View ArticleBuying a Home After Short Sale, Foreclosure or Bankruptcy – A Complete Guide
Guest Post by Shashank Shekhar After the Mortgage meltdown of 2007 the rapid depreciation in real estate prices post resulted in financial crisis for a lot of homeowners. As a result of which many...
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