Andrea Wince

  • I'm a:
  • Real Estate Professional
  • Company:
  • Diamond Investment Realty
  • Location:
Andrea Wince,  in San Jose, CA
  • 101 Answers
  • 1 Best Answer
  • 5 First Answers
  • 15 Useful Answers
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Andrea Wince's Questions (0)
Andrea Wince's Answers (101)
Andrea Wince answered:
Hi Michelle, I do not know of a lender who will finance a second property (investment not primary residence) with only 10% down. I also heard that some people who were "underwater" on their homes were buying another cheaper home (down sizing) and then letting the old house go to foreclosure. The banks call it "buy and bail." - Earlier today
Andrea Wince answered:
774 Warring #3 (from your link above) closed escrow last month. I think the association is:
Downer / Pamco
Assoc. Phone: 408-225-2266
You can call them directly to confirm. Kind regards, - Andrea. - Earlier today
Andrea Wince answered:
That house is not going to sell for only $40k. (either at auction or open market). Even if it were a complete teardown, the land alone is more valuable than that. The $40k was probably the last default recorded which was most likely a second loan. - Mon Nov 3 2008, 08:57
Andrea Wince answered:
Very nice house, yes under contract. Another bank owned bargain. There are plenty out there. This home is set to close escrow on November 28th. If for some reason, the buyer is not able to close escrow, do you want me to notify you if it comes back on the market? You may contact me through my website below. Kind regards, - Andrea. - Mon Nov 3 2008, 08:47
Andrea Wince answered:
It is unfortunate if you are working with an agent (who will get a commi$$ion from the seller) and who is not able to answer this question for you. If you have not removed ALL contingencies, you should not lose your deposit. There are many ways to write a contract (especially on a short sale) that gives my buyers a legal escape route. You should be able to withdraw your offer and submit another, however, you may start the process all over again. It just depends on that particular bank's short sale approval process. They're all different. - Mon Nov 3 2008, 08:42
Specialties
EDUCATION and TRAINING

2007 - California License.com, Beverly Hills, CA
CA Real Estate Economics - DRE Cert 2215-05
CA Mortgage Loan Brokering & Lending
- DRE Cert 2246-05

2007 - Santa Clara County Association of REALTORS®
Real Estate Foreclosures

2006 - California License.com, Beverly Hills, CA
CA Real Estate Law - DRE Cert 2216-05
CA Real Estate Appraisal - DRE 2248-05
CA Real Estate Escrow - DRE 2214-05

2005 - Santa Clara County Association of REALTORS®
1031 Real Estate Exchanges
Analyze and Price Small Rental Properties
Tax Deductions for RE Agents
Developing a Successful Brokerage

2005 - Crestcom Trainers
Providing Gold Standard Customer Service

2004 - California Department of Real Estate
Salesperson License ID 01439761

2004 - California License.com, Beverly Hills, CA
CA Real Estate Principals – DRE Cert 1877-02
CA Real Estate Practice – DRE Cert 1921-03
CA Real Estate Finance – DRE Cert 1961-03

2004 - Santa Clara County Association of REALTORS®
Contracts Comparison PRDS vs. CAR
Ethics and Agency Disclosures
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