My long-time friend, Don Signer, has set up a web page and started a blog. The first entry makes me sad. Don is the owner of Signer Buick-Cadillac in Newark, Ca. The only Buick-Cadillac sales point ever in the Fremont, Newark, and Union City area. I was manager of a bank in Fremont when I first […]
The Banality of a Short Sale
Published in November 30th, 2008
Posted by johnjuarez in Real Estate, buyers, REO, Lending, Business, Mortgage/Finance, foreclosure, 1st Time home buyer advices, home buyer, Buying a home, Bank owned real estate, short sale, first time buyer
Aren’t we getting tired of short sales?
Misleading prices…extremely long response periods from lenders…the necessity for way to many follow up phone calls-from buyer’s agent to listing agent and from listing agent to lender…buyers walking away from offers because they have (pick one) 1. bought another property, 2. got tired of waiting for a response, 3. […]
Great Neighborhood…Wonderful Memories
Published in November 1st, 2008
Posted by johnjuarez in Real Estate, buyers, Lending, Business, Mortgage/Finance, 1st Time home buyer advices, home buyer, Buying a home, first time buyer
I read a blog entry by Mary Pope-Handy, a REALTOR with Keller Williams Realty in Cupertino, about a Los Gatos neighborhood that stirred many memories! Mary wrote about Los Gatos neighborhood that she characterized as “one of the most sought-after areas among first time Los Gatos homebuyers”…Blossom Hill Manor.
I remember well the joy of living […]
Follow the Smart Money…
Published in March 25th, 2008
We should have expected something like this. It is the American way! Entrepreneurialism! Innovation!Chutzpah! The ability to see magnificent castles where other see only a pile of rocks. Or, if we want to be cynical, we could say that here is an example of someone taking advantage of the misfortune of others and making plans […]
Mission Impossible #1—REO in Mission San Jose!!!
Published in February 28th, 2008
Fremont’s Mission San Jose area emcompasses some of the most sought after homes in Fremont. The Mission San Jose High School and the schools that feed into it are among the highest ranking academically in California. The chance to get a high quality public (free) education helps to drive real estate values in many places and the […]
B of A + Countrywide!!!
Published in January 11th, 2008
This is a major commitment to the mortgage market by a leading US financial institution. Bank of America is putting its corporate weight, and its money, where its mouth is. By making this acquisition, BofA is saying that they are in the mortgage market for the long run. They will most likely be stuck with […]
WORD OF THE YEAR…SUBPRIME!
Published in January 7th, 2008
In its 18th annual words of the year vote, the American Dialect Society has named the word “subprime” as their Word Of The Year for 2007!
Who knew that there was a society dedicated to Dialect but the organization is apparently 118 years old. I wonder why it took them so long to come up with an […]
“You Want Me to What…???
Published in December 7th, 2007
My client just closed escrow on the sale of their home. They had lived there many years but felt compelled to sell when their only daughter moved, with their only grandchild, to a town several hours away. Funny, how life changes.
Anyway…they thought the new owners would appreciate the firewood that was left behind in the […]
Public Speaking Can Be Too Public
Published in November 26th, 2007
I was reading the business section of my local newspaper the other day. There was a big headline “Home Sales Decline”. Wow! News to me…and to you, too, I’m sure!
A smaller headline told us “Mortgage rates remain unchanged”. Good news, but not surprising. In fact, neither of these tidbits was a surprise to most people […]
Down Payments Are Back
Published in November 21st, 2007
What happened to the 100% financing that allowed many people to buy houses who had nothing to invest in a house but their hope of watching it increase in value? Gone! Unless you have excellent credit and can document your income there is little chance that you can buy real estate with no down payment. […]
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