Mary started her real estate carreer in 1991 as a real estate investor. Since then, she has been an active realtor and lender. Mary and her husband run a real estate investment business that specializes in acquisitions of long term residential and commercial real estate as well as short term rehabs. A component of their business includes remodeling, staging and leasing of properties.
Mary has a thirst for knowledge and has attended numerous training on all aspects of real estate investing for the last 10 years. She spends an average of two weeks per quarter educating herself on real estate, asset protection, financing and investment strategies. Over the past two years Mary has conducted numerous training and seminars on real estate investment analysis, real estate investment planning, real estate statistics and trends, and financing.
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Hi Jay,
Another concern with manufactured homes is the financing of it. Many lenders have a lot stricter guidelines for lending on a manufactured home. This could cause issues on the resell of it. It sounds like you would be a first time home buyer? If this is the case, there are still a lot of really excellent first time home buyer programs available for you to take advantage of to purchase a bank owned or short sale property. Short sales (Pre-foreclosures) potentially can take a long time to negotiate with the bank - which gives you very little control over the loan process and locking in rates. Bank owned or REOs will move quickly and be treated like a typical sale. We all wish we bought or bought more 10 years ago so don't feel too bad. If you buy now, you won't look back 10 years from now and wish you had bought. ;> Feel free to contact me if you have any additional questions on REOs or financing. - Fri Feb 15 2008, 13:06
You have to have permission from Sandicor MLS and pay a fee for accessing their data. Many companies pull from all kinds of different public resources. Often times, they don't pull from any data but rather realtors and FSBOs list on their site. Not sure how Trulia does it. I did notice there were around 7800 homes listed in San Diego from Trulia, but in the MLS, there is actually over 24,500. You can go to the website referenced below to search all homes in MLS. - Tue Dec 11 2007, 17:16
Hi Bruce, That's definitely reflective of the data source that Trulia is pulling from. I am a realtor in San Diego and I know that's not the case. It's also very area specific within SD. If you are looking for something specific, let me know and I can set up a search for you. Or you can just go to the website referenced and search on your own. Good luck! - Mon Dec 10 2007, 22:14
Hi Alba, It really is dependent on the bank and what's been going on with the property. There was a property listed as a short sale for over 90 days in Mira Mesa, came off the market and was back on the market as a bank owned the following week for a lower price than we offered for it while it was a short sale. There was a different property in 4S ranch that went back to the bank after the Trustee sale in April this year and finally was listed in October. If you are interested in a particular property, the best thing to do is create an automatic search that notifies you if it hits the MLS. - Mon Dec 10 2007, 23:56
Steve, referrals are definitely a great way to find a good agent; however, it's deninitely a process buying or selling in this market, so you definitely want to make sure you're compatible and have good communication with your agent. If you're selling, I suggest you act like a buyer and think about the process you would go through if you were to purchase a home. That might give you insight to how you want your property marketed and by whom. Good luck. You can go to the website reference for more tips on buying and selling. Much success to you. - Mon Dec 10 2007, 23:44
On another note - over 72% - I've seen stats as high as 80% - of buyers search on the internet for properties. Often times, my clients choose the properties they want to see as much - if not more than the properties I suggest for them based on their criterias. Only three things sell a home - how it looks, how it's priced, and the obvious - how much exposure it gets. I always encourage my sellers to "stage" their home to make it look it's best. I've had feedback from buyers agents that the staging in my listings is what ultimately sway their buyers to offering on the home. Often time the buyers don't even realize the home is staged. For staging tips, go to the referenced website. Good luck! - Mon Dec 10 2007, 23:34
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