I have found a great tool to help seniors organize their estates. It is a simple and none threatening way to let the heirs know where are the records, bank accounts, safe deposit boxes, data on retirement accounts and possessions, etc.
I had the pleasure of again running into Jeanne K. Smith of Exit Stage Right. She gave a very informative talk about what she finds in homes after the passing of a loved one. I remember when I first heard her over 10 years ago that she was onto something important. Continue reading →
I wanted to start with the condo/townhome properties in Sunnyvale. The stats are really impressive. The number of condos/townhomes on the market is only 17, with pending sales for the last 30 days at 33 and closed sales in February were 21. From last year the active listings are down 72% and closed sales are up 30%! These are great statistics. Continue reading →
Yes – Blossom Valley is in bloom and Real Estate sales are bursting forth.
The number of listings is down by a whopping 57% from last year! There are currently 63 active listings in Blossom Valley ranging in price from $240,000-$1,995,000. The current median list price is $505,000. Look at these numbers – Last year there were 148 active listings. And the median price was $485,000. Continue reading →
Santa Clara Condos/Townhomes Flying off the Shelves. Can you believe it – Last year there were 97 active condos/townhomes in Santa Clara. This year there are just 42! That is a 57% reduction from last year.
Pending sales in the last 30 days for the same group (condos/townhomes) were 36 and closed sales in January were 19. How much change is there really from last year? The pending sales were up 44% over last year’s figure and closed sales – Hold onto your hat – were up 380%. Continue reading →
Say – Where have all the listings gone? The inventory for active listings in Santa Clara County has dropped to 2007 units! That’s 1482 single family homes and 525 condos/townhomes. I don’t know if you felt that reduction in listings but these numbers are down 41% from last year’s figures. Continue reading →
I have written before about short sales and probably about Chase. This company is one of the slowest I have had to deal with.
HAFA sales are supposed to be streamlined and go through a lot quicker.
We waited 2 months to get an approval to be a HAFA approved short sale listing. We got the approved price that was needed to be marketable. We put the home on the market. It was sold in 10 days. The contract went to CHASE where I was told it would take 10-14 business days for the final approval of the offer. It took 6 weeks to get that approval verbally! After a week of getting a verbal okay we got the approval letter which stated that property needs to close in 18 days from now. ARE YOU KIDDING ME?? Chase adds more work for itself. We now need to straighten out the timing to something realistic. I sometimes wonder about the IQ of the persons making the decisions for Chase.
I think some of us should go into Chase and straighten up the process!!
By the way, I did a HAFA approved sale through Wells Fargo in days after the contract was received by the negotiator.