Christian Randrup

I'm a:	Real Estate Professional
Company:	Madison Hunter Real Estate
Location:	San Francisco
Web sites:	Christian Randrup

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4 First Answers
3 Useful Answers

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About Me

Christian has been involved in the Real Estate Industry for over 5 years. He started his first year in Title & Escrow, the next 1 1/2 years as a mortgage Consultant, and the previous 2 1/2 years in Real Estate Sales focusing in San Francisco and the Peninsula. With hands on experience in three of the major functions in Real Estate, Christian has added value to provide his clients. Christian currently resides in the Outer Richmond - Sutro Heights district where he enjoys the jogging, hiking and playing by the beach with his 2 year old daughter. Please feel free to contact Christian for a hassle free, no obligation consultation for your real estate needs. Ask him about his new and popular Customer Care Program!

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Christian Ra…'s Answers (10)

We submitted an offer on a short sale more than the asking price on the listing. The first lender approved,

Asked Fri Jul 18 2008, 16:51 by Yoyo - San Francisco - Home Buying - 3 answers

Christian Randrup answered:

Hi Yoyo,

In my experience with Short Sales, in our initial communication/negotiations with second lenders, over 80 percent of them always start with “we are not going to cooperate” or they want more money. It is amazing the large percentage that change their minds just prior to foreclosure and they realize that the fact that they are getting something now is better than a worthless sheet of paper a few days from now.

The listing agent should be able to write a compelling letter (with numbers crunched) to change their minds because if they (the 2nd) hold out and let the house foreclose, their note will get wiped out and they won't see a dime!

My advice is to hang in there because it is mostly up to the listing agent now to sway the 2nd.

Hope this helps. - Fri Jul 18 2008, 17:35

Foreclosure Property Advice in SF

Asked Tue Jul 8 2008, 10:44 by Lawrence - San Francisco - Home Buying - 1 answer

Christian Randrup answered:

Hi Lawrence,

I just researched this home and it's currently active - contingent (in contract with contingencies not yet removed) with a listing price of $775,000. However, it has been in this status since 5/13/08. I don't know how or why it was posted on Realty Trac as a pre-foreclosure with a list price of $150,000. Most likely, the loan has been defaulted and NOD was recorded although there is no indication on the listing that this is a short sale or (pre-foreclosure). Here is a link to the listing...

http://sfarmls.rapmls.com/scripts/mgrqispi.dll?APPNAME=Sanfr…

To answer your question of what needs to take place, you will need to have your realtor contact the listing agent and see what the deal really is. If you don't have one, let me know and I can make a quick call for you.

Hope this helps! - Tue Jul 8 2008, 11:23

I need a loan for an apartment building. What banks are currently doing loans over 7 million.?

Asked Sat May 24 2008, 19:26 by Mary - San Francisco - Financing - 6 answers

Christian Randrup answered:

Hi Mary,

I am a Realtor and also a Mortgage Consultant and work with numerous commercial lenders that lends over $7 million on apartment buildings. Please feel free to contact me at your convenience to discuss your options.

Regards,

Christian Randrup
ph: 415-385-5909
christian@madisonhunter.com - Tue Jun 3 2008, 14:18

First time buyer: How do I find out the real owner of the apartment?

Asked Tue Jun 3 2008, 13:49 by Benjamin - San Francisco - Home Buying - 4 answers

Christian Randrup answered:

Hi Benjamin. If you already have a realtor you're working with, they can easily look up an address and see who the owner (& vice versa) through their preferrred Title Company. If you don't have a realtor, I can help you look this up. Email me at christian@madisonhunter.com and I'll be happy to assist you. - Tue Jun 3 2008, 13:59

Is Westwood Highlands a good alternative for St. Francis Wood? I can only afford $1 mil home for which no

Asked Thu Mar 27 2008, 12:11 by Gabe - San Francisco - Home Buying - 3 answers

Christian Randrup answered:

Hi Gabe,

My office is right by Westwood Highlands and know the are very well (along with St. Francis Wood). Westwood Highlands or Westwood Park are both great alternates for St. Francis Wood if your budget is $1 mil. The fact is that these two neighborhoods have been high in demand and not a lot of homes come up for sale. Currently there are THREE homes for sale in these two neighborhoods, two of which are below $1 mil.

Based on the law of supply and demand, there is definitely upside potential appreciation with these neghborhoods in the next 5-10 years.

Let me know if you'd like for me to send you the listings!

Hope this helps! - Thu Mar 27 2008, 15:11

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