An angry, frustrated San Mateo home buyer wrote in this question:
My agent tells me he cannot demand that my short sale offer be presented to the home owner’s lender. I thought all offers have to be presented.
San Mateo Short Sales
- Are Agents Required to Present Short Sale Offers to the Lender?
- How Markets are Affected by Foreclosures
- Foreclosure Market Realities and What’s Ahead for San Mateo
- Buying Foreclosures is Not a Get Rich Quick Scheme
- 11 Most Common Reasons Short Sales Fail to Close Escrow
Are Agents Required to Present Short Sale Offers to the Lender?
How Markets are Affected by Foreclosures
The Tale of Two Markets
The local real estate market – any market area – is really the story of two categories of homes. The first is the traditional, conventional market of homes for sale, and the second is the distress marketplace of homes owned by people in the midst of a financial crisis. Foreclosure markets [...]
Foreclosure Market Realities and What’s Ahead for San Mateo
Foreclosures Will Always Be a Reality
The prevalence of the “6 Dreaded D’s” – death, divorce, disease, drugs, denial and da job – ensure that foreclosure will always be an element in the lender/borrower relationship. Foreclosure is a consequence of real people in distress experiencing one of life’s brutal low points. For the home owner, it [...]
Buying Foreclosures is Not a Get Rich Quick Scheme
Beware: Foreclosure Industry is Full of Scammers
As long as humanity has the “6 Dreaded D’s” – death, divorce, disease, drugs, denial and da job – foreclosure will be a part of the lending landscape. As long as we have people in distress, we will have people willing and eager to take advantage of them. The [...]
11 Most Common Reasons Short Sales Fail to Close Escrow
San Mateo Short Sale Reality – Can Take 3-9 Months to Complete IF they Close
Short sales occur when the homeowner sells a San Mateo home for less than the mortgage balance owed with the lender’s approval and their agreement to accept a short payoff. A short sale may be the right solution – but not the [...]
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Raymond Stoklosa, Broker/Co-Owner
Phone: (650) 533-8531
RaymondS@RayChelRealtyGroup.com
Chela Stoklosa, Realtor/Co-Owner
Phone: (650) 533-8532
Chela@RayChelRealtyGroup.com
Rebecca Williamson, Realtor
Phone: (650) 281-8515
Rebecca@RayChelRealtyGroup.com
Connect with Chris Williamson
Chris Williamson, Mortgage Advisor
Phone: (650) 520-0915
Chris@SanMateoMortgageBlog.com
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