Home Buying in Southern Pacific / Richards : Real Estate Advice

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Karen and Pa…, Real Estate Pro in Cameron Park, CA
Karen and Paul Catania answered:
What safeguards against self-dealing? Bank's listing agent using shill to purchase undervalued property for quick resale?
It is frustrating to get beat out when paying cash but keep in mind that you may be going up against other cash offers. In a flippers market they are most likely out bidding you and do ... more
0 votes Share Flag Mon Feb 8, 2016 Home Buying in Southern Pacific / Richards
Karen and Pa…, Real Estate Pro in Cameron Park, CA
Karen and Paul Catania answered:
Brand new homes
New homes sales are about supply and demand. In a hot market they will normally get their full price. In a slower market they will always negotiate to keep their inventory moving. On ... more
0 votes Share Flag Mon Feb 8, 2016 Home Buying in Southern Pacific / Richards
Karen and Pa…, Real Estate Pro in Cameron Park, CA
Karen and Paul Catania answered:
Why is it so hard to get a sellers agent to present a well qualified VA LOAN?
VA loans is a almost a great service for our vets but the terms of the loans make it more difficult to get accepted. I have had VA loans go really easy and really bad. It also seems t ... more
0 votes Share Flag Mon Feb 8, 2016 Home Buying in Southern Pacific / Richards
Karen and Pa…, Real Estate Pro in Cameron Park, CA
Karen and Paul Catania answered:
Short sale realtor commissions
It's not that it can't be negotiated but it is paid by the bank and not the seller. Short sales are very difficult for all and realtors on both side deal with a lot of extra work, stre ... more
0 votes Share Flag Mon Feb 8, 2016 Home Buying in Southern Pacific / Richards
Sheila Smith,  in Sacramento, CA
Sheila Smith answered:
**I'm the buyer** What is a loan modification and can this be done on a home that's listed as a short sale?
Hi Robin,

I have experienced this scenario a few times with seller's after they listed with me to sell their home. In some cases when a seller contacts an agent to sell they hav ... more
0 votes Share Flag Wed Nov 30, 2011 Home Buying in Southern Pacific / Richards
Erin,  in South Lake Tahoe, CA
Erin answered:
What is a loan modification and can this be done on a home that's listed as a short sale?
Hi Robin; This a great question and thanks for asking it.

A loan modification is just what it sounds like. If the homeowner wants to attempt to keep their home, the homeowner can r ... more
0 votes Share Flag Wed Nov 30, 2011 Home Buying in Southern Pacific / Richards
Jim Walker, Real Estate Pro in Carmichael, CA
Jim Walker answered:
How do you know if a selling agent presented your offer to the sellers? Is there a way to find this out?
SoCal thanks for clarifying.

So you suspect the listing agent is not transmitting your offer to the seller (A bank, I presume)
The banks will often instruct the listing agent to ... more
0 votes Share Flag Wed Sep 30, 2009 Home Buying in Southern Pacific / Richards
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