What happens when there are no homes to sell? Seriously, have you ever stopped to consider what would happen if there were literally no homes to sell and no homes to buy? It seems ludicrous to even think about such a phenomenon, yet with every week our inventory is getting smaller and smaller and smaller.
If you are behind in your payments and you live in California, you better contact your bank and discuss your options and you need to do so quickly. In all likelihood you’ll need to hire a Realtor to get your home listed as a short sale ASAP. Why? Because the lenders in non judicial states
Foreclosures plummeted 33% nationwide from a year ago according to Irvine based RealtyTrac. In Ventura County that number declined 18%. Most economists believe this reflects a slower process from the banks rather than an easing of distressed sellers. I personally find this rather difficult to believe. Statewide, sales were down .9% from April. Prices remain
When I’m on a listing appointment where the seller owes more than the property is worth, and they lacks the hardship required for a short sale, the conversation usually ends up with the seller asking, “Tim, what are my options?” My response usually begins the same, “Well, I’d like to see you avoid foreclosure.” And
As a college kid in the eighties I loved the Clash. Should I stay or should I go now… A lot can be learned from the poets and the artists of the world… If I go there will be trouble, if I stay it will be double… even when those poets are teeth missing, tattoo