Team Worley's (jakeworley) Blog

Loan modifications continue to disappoint struggling homeowners. Many homeowners are still waiting to hear from their lender meanwhile the foreclosure process is moving full steam ahead. Loan modifications do not stop or even slow down the foreclosure process, additional fees and charges accrue w...

 The price per barrel for crude oil has fallen again, the cost per barrel now at under $66 is down nearly 55% since mid June of this year when it peaked at $147.27 a barrel. The national average cost per gallon is $2.365 and falling. I do not know about you but I have notices a $20-22 difference ...

Some lending banks are looking for more accountability and experience when it comes to the appraisers they use. I guess the average appraiser is just not good enough anymore and now they want a certified appraiser. I do not know exactly what the "certified" title means, but I guess I should start...

I have noticed that my clients offers are being accepted due to the fact that there is only one or two offers instead of 20. It seems that the hot auction-like environment has cooled down. I do not know if it is permanent or just temporary, but it is working for me.

The prices of multi-family property (duplex.triplex,fourplexes, etc) in Sacramento Ca has reaaly come down. I am writing offers on 3,4,5 unit properties for $30-40 thousand a unit and getting counters that are reasonable. With the rental rates holding stable and prices falling, there is a perfect...

Apple is supposedly launching a new laptop that will be the economical solution. If this in fact is true, there might be financial trouble for the other Laptop manufacturers. Let me know if anyone hears more about this or has a defininte date I would love to see what it will look like. www.jacobw...

My client wants me to hold their home open every weekend. I do not think this is a good idea. When a home is always available for anyone to see potential buyers may wait until the time is more convenient to do a walk thru. I like to hold homes open twice a month to create a feeling of urgency. Wh...

I do not understand why the down payment assistance programs are even up for debate. The programs helps families obtain the american dream. The programs should use discretion and verify that the families can in fact afford the homes, but canceling them completely is not the answer. I know of many...

The Banks selling REO homes in Sacramento, CA have started a trend with there pricing. The homes are listed way below what other homes are selling for creating an overbidding auction type environment. The listing gets 20 offers and ends up selling for more than listed. When another bank wants to ...

It is a very touchy subject, who gets the help first? Do the banks or the struggling homeowners? I have heard of a special refinance at 90% of the current market value, but what about the people who are working hard to make there payment? What if it is uncomfortable to work two jobs to make your ...