Do you think you have been keeping up with what’s been going on in real estate? How well do you know the Auburn area real estate market? The statistics that I used for the Auburn area real estate quiz are from November 2010 and November 2011. Here goes! Test your knowledge: 1. There were fewer …
Category Archives: Buying
Real Estate Quiz
December 29, 2011 – 7:39 am
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By SueT
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Posted in Buying, Investment Strategy, Selling, Trends
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Comments (1)
Handling of Deposits in a Short Sale
Everything is negotiable. Some agents want the deposit placed in an escrow account immediately. They believe that if the buyer is willing to do this, he is probably willing to hang in there for the long hall. If the buyer wants to walk before the short sale is approved, he must go through a cancellation …
When Can an Agent Sign a Counter Offer?
If the agent has a power of attorney to sign for the buyer the signature would have “attorney in fact” added to it. If that is not the case she/he probably doesn’t have power of attorney to sign on behalf of the buyer. If that, is in fact, the case, it is not a valid …
Bernanke Says No Change Now?
Bernanke’s saying that the Fed has no immediate plans to take action may give a window when investors will feel more confident. It may be a small window considering the volatility of the market and the continuing uncertainties. With so many real estate bargains available, it seems like a time for investors to step up …
Selling to a Relative via Short Sale
Unfortunately, what you see as a helping hand the lenders see as fraud. Lenders prohibit any one who is related to a borrower of a home that’s being sold in a short sale from buying it. That includes relatives and business associates. Realtors won’t get paid for a successful short sale if they are related …
August 25, 2011 – 12:04 pm
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By SueT
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Posted in Buying, Rental Income, Selling, Short Sale, Top Questions
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Comments (1)
Purchase with Unpermitted Improvements
Unpermitted rooms and structures are not uncommon. Homeowners don’t like having their property taxes go up. They know that every time they pull a permit the Tax Assessor’s office is notified and their property tax is increased. Some homeowners think that permits aren’t necessary as long as they are not adding to the footprint of …
History of the Southern California Building Boom
Those of my readers who were ever in the real estate industry or those of you who wonder how Southern California became the subdivision capital of the world, can enjoy a look back into the industries history in a recently published novel “Boom Builder” Boom Builder was written by Gold Country Medias former “Placer Pundit” …
Doesn’t the Highest Offer Have Right to Meet a Later Offer?
Your situation is not uncommon in today’s real estate market. Multiple offers on well priced bank owned properties aka REO’s. has become the norm and there can only be one “winning” offer. It looks like a cash offer beat out your “contingent” offer. The cash offer didn’t have to be as high as your offer …
How can I get information to analyze the sale trends in the Auburn and Sacramento area?
One great spot is right on my company website, www.seehometown.com. Click on “Market Trends” and choose your area from the dropdown menu.
What Are The Obligations of a Foreclosure Auction Buyer?
The absolute best home buys are on the courthouse steps. If you go to the auction and successfully purchase the home that you have your eye on you will not be required to assume the second. All loans subordinate to the first are considered to be “junior” liens and are wiped out during the foreclosure …
July 6, 2011 – 10:05 am
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By SueT
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Posted in Auction, Buying, Investment Strategy, Myths
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Comments (0)
