Come take a load off. Learn what is happening out there in the streets of Silicon Valley.
ARCHIVED BLOG POSTS
Steve Mun, Silicon Valley Realtorwww.stevemungroup.com
I had written an entry recently about what I deemed to be a scam directed at an elderly client of mine, which got my blood boiling. I was angry because it seemed targeted at the elderly who are most vulnerable at the prospect of losing their homes. The mushrooming “foreclosure fix-it ind...
Steve Mun/David Hartman | Keller Williams Realty | 408-802-5641 11594 Big Four Way, Gold River, CA 4BR/2BA Single Family House offered at $380,000 Year Built 1988 Sq Footage 2,135 Bedrooms 4 Bathrooms 2 full, 0 partial Floors 1 Parking 2 Car garage Lot Size 8,289 sqft HOA/Maint $136 per month DE...
ABSORPTION RATES IN SILICON VALLEY Absorption Rate projects out into the future the amount of time (in months) it will take to sell a typical home if it come into the market place now. Simply put, it is a formula which looks at the numbers of homes sold in a designated area in the past (typ...
With the economy in a questionable state now and foreclosures at record levels, people are obviously concerned about their ability to keep or remain in their homes. These concerns are fueled by all the media coverage exacerbating the situation. When times are difficult and people are frighte...
Yesterday I wrote about the recent data which revealed loan modifications were re-defaulting at 53% rate after 6 months. In doing further research into loan modifications, I discover some additional interesting data. HUD’s Hope for Homeowners Program, which was designed to help at risk ho...
I’ve known for a while now helping clients with Silicon Valley Short Sales that people who were doing some form of loan modifications were getting back into trouble paying their newly modified loan payments and having to seek alternative methods to avoid foreclosure. Only thing was, I had no ...