John Accornero's (johnacc) Blog

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Real Estate Agent - Keller Williams Whittier - BRE# 01724300
RECENT BLOG POSTS
The Honorable Governor Arnold Schwareneggar has come to the homebuyer's rescue.  He signed a bill that will give a 5% measured credit up to $10,000 payable in three annual payments.  Of course you have to repay it if you sell your home prematurely. On a $250,000 home that means a warrant from the...
03/25/2010
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Most is not all of us are aware that cross preaapproval is almost becoming a standard with today's sellers and I have to agree with that considering what happened to my buyer...my buyer got "qualified" for a teacher loan through a major bank (hint: this bank hangs out on Equator doing short sales...
03/23/2010
I firsthand information about a fairly common practice that I once tried to say is isolated but know now that it exists throughout our industry and its fairly, I guess common:Giving preference on a listing through keeping it in the office or only negotiating a fellow agent's offer. I once thought...
02/25/2010
  Well I can tell that my last post went over like a lead balloon. Some respondents indicated I was wrong to say the market was turning. Ok everyone get your pencils out and take notes! That means you "Doubting Thomas' realtors as well because here I go! In my Los Angeles area market things have ...
02/11/2010
Many times agents have to compete with each other but did you ever realize that maybe you are competing against family...well sometimes? Recently, I had someone ask me what they should tell their brother, an agent that he was not going to get to list the house.   I found it unusal because most pe...
01/23/2010
On December 31, I received a letter from the Department of Real Estate in California that we shall call the DRE.  I initially thought "Great...who did I offend with a lowball offer?" It was not that at all but merely a change in law that loan officers not at banks must be licensed too by the end ...
01/04/2010
There was another network that I participate in that basically revolved around a property being sold "as is" and defining what that really meant.  The general drift I got is that it is "what you see is what you get" with no room for negotiations as far as requested repairs, which I understand.  W...
12/27/2009
How many of us have written offers for the same client that seem to go nowhere?  What is it really?  It boils down to just a few things:  Knowing the market and knowing how much house you can REALLY afford and it is not what your preapproval letter necesarily says. For starters forget coming in w...
12/24/2009
  The FHA is catching up to the where the market place currently is.  YOU NEED TO BE QUALIFIED TO BUY A HOME.It still surprises me when I get a new prospect and give him an initial assesment and they say that they either don't have a job right now or they have a minium wage job or no money in the...
12/04/2009
  The FHA is catching up to the where the market place currently is.  YOU NEED TO BE QUALIFIED TO BUY A HOME.It still surprises me when I get a new prospect and give him an initial assesment and they say that they either don't have a job right now or they have a minium wage job or no money in the...
12/04/2009
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John Accornero

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