I have come across many times in my career selling real estate in the Tri-Valley. It is always a difficult situation to be put in! Watch this video to learn more.
Dan Gamache
925.918.0332
Too good to be true!
If it seems to good to be true than it is! Watch this video to learn this new trend in real estate in Pleasanton. If you have more questions call me!
Dan Gamache
925.918.0332
dan@pleasantonneighborhoods.com
Get confirmation of acceptance!
To avoid greed we need to dot all our i’s and cross all your t’s! We need to ratify all contracts and there is a simple way to do that. Buying a home in Pleasanton it often gets over looked! What this video to learn more!
What are the most important disclosures?
Buying a home in Pleasanton, Dublin, or Livermore there are some very important disclosure you should closely review. Every sale in this area has many disclosures for both buyer and seller to review. This video will go over which ones to pay close attention to!
Are you interested in a short sale? Be sure to ask these questions!
Short sales are going to be a part of the Pleasanton, Dublin, and Livermore real estate market for the next several months. There is no way around them! If you are actively looking to purchase a home you have to consider them although you need to make it is worth the invest of you time! Some short sales are not going to close escrow and will be foreclosed on. Listen to this video to ask the most important questions before you move forward.
Call Dan Gamache for more questions! 925.918.0332
Foreclosures are down!
Good news to our real estate markets and the overall economy, foreclosures fall to the lowest level since 2007. According to Realty Trac default notices and bank repossessions were down 33% from the prior year. Over the past 5 years over 4 million homes have been lost to foreclosure.
Our local real estate market has suffered our bumps and bruises but comparing to other areas we definitely held our own. Prices have declined 20-50% locally depending on the area.
Some government programs have helped soften the foreclosure landslide. HAMP and HARP have started over 5 million mortgage modifications since 2009. These programs have helped home owners stay in their homes by adjusting the mortgage terms.
Short sales are adding to the number of notice of defaults but not to the foreclosure amounts. When a homeowner stops making payments the notice of default is filed. The notice of default is the start of the foreclosure process for the bank.
Banks are realizing that it is in their best interest to do a short sale versus a fore closure. The fees for a bank can reach well over $50,000 just to get the property back and ready to be sold.
Hopefully we can get through most of the distressed properties this year and continue to stabilize the real estate market. We will have growth and appreciation once we clean up all the distressed properties.
