Economic Update at Real Estate Meeting

Published in October 23rd, 2008
Posted by johnjuarez in Real Estate, buyers, REO, Lending, Mortgage/Finance, foreclosure, 1st Time home buyer advices, home buyer, Buying a home, Bank owned real estate, first time buyer
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Last Wednesday, Oct. 16th, at the California Association of REALTORS State Meeting in Long Beach, CAR Chief Economist, Leslie Appleton-Young, released her “2009 Housing Market Forecast”. I was there. It is always worthwhile to hear Leslie speak. She is well regarded and well respected in the field of economics. The event was covered by the […]

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MAYBE I WILL CLOSE A SHORT SALE…

Published in October 17th, 2008
Posted by johnjuarez in Real Estate, buyers, REO, Lending, Mortgage/Finance, foreclosure, home buyer, Buying a home, first time buyer
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I wrote an offer on a property that is a short sale. Now short sales are not a REALTOR’s dream transactions—nightmare, maybe—but there was a compelling reason to write the offer for these clients.
They are renters. A while back, their landlord stopped making payments on the mortgage for the house they are renting. Sooner or […]

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YOUR HOME—PERHAPS THE BIGGEST INVESTMENT YOU WILL EVER MAKE

Published in October 7th, 2008
Posted by johnjuarez in Real Estate, buyers, REO, foreclosure, 1st Time home buyer advices, home buyer, Buying a home, Bank owned real estate, first time buyer
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I was sitting at an Open House. A prospective buyer came in. She looked around. She asked some questions about the house. She liked the school district in which the house is located. She guessed that the high school is within walking distance of the house. Then she told me that it was her sister […]

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