DANGER! WILL ROBINSON†Open House Warning!!
Friday, April 16
One of things that a one-person office faces, is where do I pick up new buyers if I don’t have any listings for sign calls or open house? I recently heard an agent say that he doesn’t worry about that because he just calls one of his friends from a large office and they let him hold one of th...
DON'T HOLD YOUR BREATH! Loan mods to unemployed?
Thursday, April 01
I listend to the President the other day, when he asked the banks to start offering some type loan modification to those who have NO job. Am I crazy but isn't this how we got into this trouble in the first place?As a marketing technique, I have been offering loan mods for FREE. It might sound...
Homeowner Associations have many pitfalls
Monday, March 22
In my expert witness work, I see agents, buyers and sellers getting into unnecessary troubles when buying a condo or into an association. What everyone seems to forget is that when you are buying into a homeowner association, it is like buying a business. You are partners with all the other o...
Why agents get sued by a real estate expert
Wednesday, March 10
In my real estate work in San Jose area, I continue to get called as an real estate expert witness when agents get sued. You might wonder what an expert does. In most cases, the buyer sues the seller and some times the listing agent, accusing them of not disclosing something. They may or may ...
Why a good Hardship letter is so critical to getting loan mods approved
Saturday, February 20
You might remember in an earlier post, I said that Loan Modifications and Short sales were the same because we use pretty much the same paperwork. In first case, we want the lender to see that with a little help, the borrower will be OK. They are actually applying for a new loan and need to c...
Are you Short Selling a house that could do a loan mod??
Saturday, February 20
An agent asked me the other day, how we were having so much success in Short Sales. It is very simple. We decided to give back. Several months ago my partner, Charles, and I knew several people who were struggling with a Loan Mod. Each one had been turned down or given a run around by the...