I am sure you all being bombarded with e-mails and calls from the would be REO Asset Management web sites offering REO listings in exchange for providing FREE BPO's. Well I thought it was time we established who was genuine and who just took your registration fee and ran.I would like to compile a
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07/31/2007
So what is happening out there? SO many mixed messages. Today I read that Consumer Confidence, a widely watched gauge of sentiment is at a Six year high. Apparently Americans are shrugging off falling home prices and focusing on the healthy jobs market instead. According to the New York based Con
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07/31/2007
I recently blogged about how people have to live somewhere whether it be in their own home or renting. Well the latest figures suggest home ownership is declining. Census Bureau data shows that homeownership is at its lowest since 2003. Not a surprise considering the number of foreclosures this y
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07/31/2007
One of the most asked questions I get regarding Short Sales is what are the Tax implications.Obviously I am not qualified to give Tax advice and would never want to but it is a question that needs answering. During my research I came across a great articel on the California Association of Realtor
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07/31/2007
Like most of us I have several Short Sale listings and occasionally I have one that gets foreclosed. Well recently I have had a couple of disappointing experiences. typically I have already set up a line of communication with the bank and have the client pre-approved for a Shot Sale. On a few occ
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07/29/2007
With the onslaught of foreclosures now in full flood I predict we have another six months before we see an easing of foreclosure rates. In the meantime the foreclosures are turning into bank owned properties. This is good news for us Realtors as we will eventually not have to spend countless hour
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07/29/2007
18 months ago when you entered a Realty office the buzz was evident. My phone was ringing non stop with calls from other agents, many who struggled to speak English. So the phone calls have stopped and there is a noticeable absence of agents when you enter an office these days. So where are they
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07/29/2007
Recently a client was advised by her brother a local Assessor not buy for another two years as the market would continue to fall. He may be right, no one knows right now. My take is that it is affecting the lower to medium homes a lot harder than the higher end as it is mostly the Sub Prime mess
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07/27/2007
Bank Owned Property in MenifeeIf you are looking for foreclosure property, bank owned property and other distressed properties in Menifee, Riverside County, you have come to the right place.Graham Holmes and his Asset Management Team have a large inventory of Bank Owned properties at highly disco
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07/27/2007