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About Me
My real estate team is dedicated to providing the highest quality service in the industry. The purchase or sale of real estate is often the most significant transaction in a family's life. We will make that transaction one that will be remembered in a positive way.
By highest quality service, we mean prompt, exceptional communication with internal and external customers, compelling marketing collateral, negotiation with the customer's best interest in mind, and creating a positive, energetic environment for which real estate sales can occur.
By remembered in a positive way, we mean a sale where both parties win. By creating "win-win" situations, clients will be proud to recommend our professional real estate services to friends, family, and acquaintances.
When faced with a challenging situation, we need only refer to our Mission Statement to guide us to the correct decision.
Areas of Expertise
With great experience in Yorba Linda, Anaheim Hills, Orange, and Villa Park real estate as well as intimate local area knowledge, I work extensively to help buyers and sellers meet their real estate goals.
If you are looking to buy or sell a home or would just like some more information, feel free to call or Email me.
As a listing agent in Orange County, my extensive marketing plan gives a homeowner the opportunity to get the maximum value for his/her property.
For buyers, I help negotiate the best possible deal and search until I find the perfect property. Nothing satisfies me more than seeing the smiles that come with a successful sale or the purchase of a lifetime.
Spend a few minutes with me and realize how my energy, enthusiasm, and positive attitude will help make your home sale or purchase smooth and worry-free.
Thanks again for choosing David Bennett as your on-line Orange County real estate source.
By highest quality service, we mean prompt, exceptional communication with internal and external customers, compelling marketing collateral, negotiation with the customer's best interest in mind, and creating a positive, energetic environment for which real estate sales can occur.
By remembered in a positive way, we mean a sale where both parties win. By creating "win-win" situations, clients will be proud to recommend our professional real estate services to friends, family, and acquaintances.
When faced with a challenging situation, we need only refer to our Mission Statement to guide us to the correct decision.
Areas of Expertise
With great experience in Yorba Linda, Anaheim Hills, Orange, and Villa Park real estate as well as intimate local area knowledge, I work extensively to help buyers and sellers meet their real estate goals.
If you are looking to buy or sell a home or would just like some more information, feel free to call or Email me.
As a listing agent in Orange County, my extensive marketing plan gives a homeowner the opportunity to get the maximum value for his/her property.
For buyers, I help negotiate the best possible deal and search until I find the perfect property. Nothing satisfies me more than seeing the smiles that come with a successful sale or the purchase of a lifetime.
Spend a few minutes with me and realize how my energy, enthusiasm, and positive attitude will help make your home sale or purchase smooth and worry-free.
Thanks again for choosing David Bennett as your on-line Orange County real estate source.
Testimonials
""...We just wanted to let you know how thankful we are that we chose you to sell our condo. We didn’t have much time but you got it sold for more than we expected. Keep in touch and you better call us if you ever come to Arizona!!"
Jeremy and Carolyn H. Tue May 27
Jeremy and Carolyn H. Tue May 27
""...Thanks again for doing everything you said you would do. I remember in the beginning when you told us that your job was to get our house sold and to keep us from worrying. Bravo, David!! You succeeded on both accounts. We will recommend you any chance we get...""
Amy K. Tue May 27
Amy K. Tue May 27
""...Jeff and I wanted to thank you for a job well done!! I can sleep, no more migraines and i think my hair has stopped falling out. It’s amazing what a home sale can do to a person when they don’t go through the right person to begin with. Again, I can’t relay to you in words how grateful we are that you actually did what you said you would do. Integrity is a commodity not found often, but you have it. You deserve a raise!! We send our blessings to you and your family. Thank you again.""
Jeff and Jennifer R. Tue May 27
Jeff and Jennifer R. Tue May 27
My Q&A
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David Bennett's Questions (0)
David Bennett's Answers (4)
David Bennett answered:
John,
Santa Clara County should be just like Orange County when it comes to short sales/REO's.
The "process" of buying a foreclosure is basically the same as buying a home that is not in foreclosure. The difficult part of buying a foreclosure is determining the right price to buy at. Just because it is a foreclosure does not mean it is a good deal. Furthermore, foreclosures regularly sell higher than the list price. Do your homework on the neighborhood and the comps and offer a price that makes sense. Trying to "steal" the house will lead to many offers and no home.
A short-sale is a test in patience.....both with the listing agent and with the lender as there is a good chance that the bank has not approved the price the listing agent has set. If this is the case, it is possible to write an offer at or above the listing price that will not be approved by the lender (after several weeks of waiting). If you decide to go the short sale route, provide as much info along with your offer as possible so that when the assigned negotiator looks at the "full package" it looks like a slam dunk. Include the offer, Short Sale Addendum, copy of deposit check, pre-approval letter, proof of funds, and even elude to FICO scores. If the lender perceives it to be easy he/she is more likely to push your deal.
Lastly, make sure your agent probes the listing agent and determines that he/she understands the process and is willing to be aggressive with the lender. Often times the squeaky wheel philosophy works.
Santa Clara County should be just like Orange County when it comes to short sales/REO's.
The "process" of buying a foreclosure is basically the same as buying a home that is not in foreclosure. The difficult part of buying a foreclosure is determining the right price to buy at. Just because it is a foreclosure does not mean it is a good deal. Furthermore, foreclosures regularly sell higher than the list price. Do your homework on the neighborhood and the comps and offer a price that makes sense. Trying to "steal" the house will lead to many offers and no home.
A short-sale is a test in patience.....both with the listing agent and with the lender as there is a good chance that the bank has not approved the price the listing agent has set. If this is the case, it is possible to write an offer at or above the listing price that will not be approved by the lender (after several weeks of waiting). If you decide to go the short sale route, provide as much info along with your offer as possible so that when the assigned negotiator looks at the "full package" it looks like a slam dunk. Include the offer, Short Sale Addendum, copy of deposit check, pre-approval letter, proof of funds, and even elude to FICO scores. If the lender perceives it to be easy he/she is more likely to push your deal.
Lastly, make sure your agent probes the listing agent and determines that he/she understands the process and is willing to be aggressive with the lender. Often times the squeaky wheel philosophy works.
David Bennett answered:
JoAnne,
Your contract is with the seller and your duty is to present all offers to the seller. You determine which offer is best and send it to the lender. Be careful in telling the lender that there are 10-15 offers on the property as this will show the lender that the list price is too low. Hopefully you have good rapport with the negotiator and can get insights as to what the BPO came in at.
Good luck!!
Your contract is with the seller and your duty is to present all offers to the seller. You determine which offer is best and send it to the lender. Be careful in telling the lender that there are 10-15 offers on the property as this will show the lender that the list price is too low. Hopefully you have good rapport with the negotiator and can get insights as to what the BPO came in at.
Good luck!!
David Bennett answered:
Brian, It sounds like the bank had not foreclosed on the property when you submitted your offer. If your agent submitted a "complete package" with your offer (Offer, Short Sale Addendum, pre-approval letter, proof of funds to close, copy of deposit check, FICO scores) you have a good chance of the bank postponing the foreclosure.
However, ALOT depends on the listing agent and the list price. A full price offer does not necessarily mean that the bank will approve that amount. The bank will do a BPO (Broker Price Opinion) which is a mini appraisal. Based on the value of the BPO, they will determine whether or not to accept your offer.
The listing agent MUST submit a complete package to the lender all at once. Depending on the lender, this will include a letter of explanation from the owners along with their financials, tax records, etc. The bank has to approve 2 things: 1)Do the current owners "qualify" to do a short sale (hardship) and 2)What price will be approved. Along with that, the listing agent must be in contact with the Default Department with the current lender to work on postponing the Trustee's Sale. He/She cannot assume that the Short Sale Negotiator will be in contact for him/her.
Assuming ALL THAT works in your favor, you enter escrow. Keep in mind that all lenders are different, will require different things, and have different time frames but most will not pay for termite, zone disclosures, or home warranties.
Hope this helps.
However, ALOT depends on the listing agent and the list price. A full price offer does not necessarily mean that the bank will approve that amount. The bank will do a BPO (Broker Price Opinion) which is a mini appraisal. Based on the value of the BPO, they will determine whether or not to accept your offer.
The listing agent MUST submit a complete package to the lender all at once. Depending on the lender, this will include a letter of explanation from the owners along with their financials, tax records, etc. The bank has to approve 2 things: 1)Do the current owners "qualify" to do a short sale (hardship) and 2)What price will be approved. Along with that, the listing agent must be in contact with the Default Department with the current lender to work on postponing the Trustee's Sale. He/She cannot assume that the Short Sale Negotiator will be in contact for him/her.
Assuming ALL THAT works in your favor, you enter escrow. Keep in mind that all lenders are different, will require different things, and have different time frames but most will not pay for termite, zone disclosures, or home warranties.
Hope this helps.
David Bennett answered:
Karie,
The "process" of buying a foreclosure is basically the same as buying a home that is not in foreclosure. The difficult part of buying a foreclosure is determining the right price to buy at. Just because it is a foreclosure does not mean it is a good deal. Furthermore, foreclosures regularly sell higher than the list price. Do your homework on the neighborhood and the comps and offer a price that makes sense. Trying to "steal" the house will lead to many offers and no home.
A short-sale is a test in patience.....both with the listing agent and with the lender as there is a good chance that the bank has not approved the price the listing agent has set. If this is the case, it is possible to write an offer at or above the listing price that will not be approved by the lender (after several weeks of waiting). If you decide to go the short sale route, provide as much info along with your offer as possible so that when the assigned negotiator looks at the "full package" it looks like a slam dunk. Include the offer, Short Sale Addendum, copy of deposit check, pre-approval letter, proof of funds, and even elude to FICO scores. If the lender perceives it to be easy he/she is more likely to push your deal.
Lastly, make sure your agent probes the listing agent and determines that he/she understands the process and is willing to be aggressive with the lender. Often times the squeaky wheel philosophy works.
Good luck!!
The "process" of buying a foreclosure is basically the same as buying a home that is not in foreclosure. The difficult part of buying a foreclosure is determining the right price to buy at. Just because it is a foreclosure does not mean it is a good deal. Furthermore, foreclosures regularly sell higher than the list price. Do your homework on the neighborhood and the comps and offer a price that makes sense. Trying to "steal" the house will lead to many offers and no home.
A short-sale is a test in patience.....both with the listing agent and with the lender as there is a good chance that the bank has not approved the price the listing agent has set. If this is the case, it is possible to write an offer at or above the listing price that will not be approved by the lender (after several weeks of waiting). If you decide to go the short sale route, provide as much info along with your offer as possible so that when the assigned negotiator looks at the "full package" it looks like a slam dunk. Include the offer, Short Sale Addendum, copy of deposit check, pre-approval letter, proof of funds, and even elude to FICO scores. If the lender perceives it to be easy he/she is more likely to push your deal.
Lastly, make sure your agent probes the listing agent and determines that he/she understands the process and is willing to be aggressive with the lender. Often times the squeaky wheel philosophy works.
Good luck!!
Specialties
Short Sales, REO Sales, Home Staging, Yorba Linda Real Estate
Experience
Latest:
Realtor for Tarbell, Realtors
Full Service Real Estate
August 2001—present
Interests
Yorba Linda Real Estate, Bicycle Racing
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