Two Closed Short Sales Last Week

Posted by jillcruey in January 27th, 2010 | no comment

Published in Short Sale, Home Selling, Home Purchase

I had the pleasure of closing two short sale transactions last week, 108 Mt. Whitney Way in Clayton and 4805 Clayton Road #9, Concord. I represented the sellers in both of these transactions which took over 6 months once the purchase offer was received by the short sale lien holder. Each property had one loan […]

Short Sales on the Rise in Contra Costa County

Posted by jillcruey in January 27th, 2010 | no comment

Published in Short Sale, Home Selling, Home Purchase

Today there are 547 short sale (single family residences, SFR) for sale on the Contra Costa MLS. For those of you who don’t know, a short sale is a pre-foreclosure in which the seller is trying to sell their property for less than what is owed.
Pending short sales are currently at 1,693 (SFR) on the […]

322 Bank Owned Single Family Homes in Contra Costa County Today

Posted by jillcruey in January 27th, 2010 | no comment

Published in Home Selling, Foreclosures, Home Purchase

The list below shows all of the REOs (bank owned properties) on the Contra Costa MLS. This current list includes average list price and average square footage of single family homes for sale.

3 - ALAMO BANK OWNED HOMES - $2,055,000 - 4,964 square feet
60 - ANTIOCH BANK OWNED HOMES - $164,273 - 1,543 square feet
19 […]

First Meeting of the Year for Contra Costa Realtors in Motion

Posted by jillcruey in January 6th, 2010 | no comment

Published in Home Purchase

January 5th was the first weekly meeting of the year for Contra Costa Realtors in Motion (CCRIM). Returning as the tour captain again this year, I was pleased with the large turn out for the meeting at our new location, the Elks Lodge in Walnut Creek. We had five properties featured on caravan tour:

1863 Lamplight […]

On-line Guide to Preventing Foreclosure

Posted by jillcruey in January 6th, 2010 | no comment

Published in Short Sale, Foreclosures

Whether you’re in foreclosure now or worried bout it in the future, here is some information that can help.
The U.S. Dept. of Housing and Urban Development (HUD) offers an on-line guide to prevent foreclosure. This guide provide consumers with information such as how to contact a housing counselor; when and how to […]

New Federal Rules on Loan Comparison Shopping

Posted by jillcruey in January 6th, 2010 | no comment

Published in Home Purchase, Finance

Government update of the Real Estate Settlement Procedures Act takes effect 1/1/2010, mandates a standard, 3 page Good Faith Estimate that urges consumers to comparison shop for the best loan and helps them compare lenders’ fees.
HOW THIS EFFECTS CONSUMERS
1. Although the Good Faith Estimate has been in use for many years, it has never been […]