Ron Sosa, MBA

"Real Estate Broker"

I'm a:	Real Estate Professional
Company:	Reaction Realty
Location:	92374
Phone:	(951) 315-7711

15 Answers
1 Best Answer
5 First Answers
4 Useful Answers

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About Me

Rony Sosa holds an MBA with an emphasis in Finance from the University of Redlands where he graduated Cum Laude in 2008. As an undergraduate at San Diego State University, he majored in Criminal Justice with an emphasis in pre-law and also has a minor in Spanish. During his time at SDSU, he was awarded the prestigious National Hispanic Scholarship Fund (NHSF) as well as the coveted Ronald McDonald HACER (Hispanic Chamber of Commerce) scholarships for his distinguished scholastic achievements as well as his community involvement. He also graduated Cum Laude with an honorable distinction in his principal area of study. Rony Sosa is also a California Real Estate Broker and Realtor and actively maintains his license for investment purposes.

His interest includes computers, investing, swimming, real estate, and playing the guitar. He currently resides in Redlands, California.

Testimonials

""Thank you for helping me find a great deal on a lender owned property!" -Mike D. Menifee MLS # T08039279"
Michael Dacanay Thu Jun 19

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Ron Sosa, MBA's Questions (0)

Ron Sosa, MBA's Answers (15)

Is this house available for offers?

Asked Wed Oct 15 2008, 08:38 by Winnie Lee - 92404 - Home Buying - 1 answer

Ron Sosa, MBA answered:

I checked on the MLS # I08133511 and it looks like the sale is pending. - Wed Oct 15 2008, 08:51

I placed an offer to a REO from Wells Fargo in Apple Valley MN around a month ago

Asked Mon Sep 8 2008, 12:14 by Berta Ramirez - Apple Valley - Home Buying - 8 answers

Ron Sosa, MBA answered:

Berta,

I would encourage you to have your Realtor place multiple offers on REO's. I would not get attached to just one house or get emotional over one offer. I advise my client's that in all likelihood many of the offers that I will be placing will receive multiple offers, especially if the home is in turnkey condition. Many of these REO listing agents have multiple bank owned properties, some have over 100 properties under their license and it's very easy for some of these agents to lose track of offers. Your agent must also be persistent but please be patient, sometimes these things take time. - Mon Sep 8 2008, 12:25

What is the difference between an REO and Short Sale?

Asked Fri Aug 29 2008, 15:22 by Margaret - Rancho Cucamonga - Home Buying - 5 answers

Ron Sosa, MBA answered:

As a Real Estate Broker who works with a local regional bank in selling their REO's; your best bet is to have your agent give you a list of REO's in your desired area. REO's will be your best in finding value, you will be dealing with truly motivated sellers (The Bank) and won't be caught in a quagmire of a short sale. I would advise you to stay away from short sales and focus on finding an REO. - Fri Aug 29 2008, 15:58

Question removed

Asked Tue Aug 26 2008, 07:43 by Pat Palmer - Upland - Agent2Agent - 1 answer

Ron Sosa, MBA answered:

Hi Pat!

I have done numerous BPO's for a regional bank in the Inland Empire. You don't need any formal certification to perform one. The standard form is the Freddie Mac (1092a) Broker Price Opinion worksheet. You can find it by typing it into Google. Good Luck! - Tue Aug 26 2008, 07:53

I have made 8 full price offers on bank owned homes and have got NOTHING! Help!

Asked Mon Aug 18 2008, 19:44 by Chris - Chino Hills - Home Buying - 8 answers

Ron Sosa, MBA answered:

Have your agent put you on an automatic email search via the MLS for all bank owned homes in the area that you looking at. This way, when any home become available in your area on the MLS, you'll be the first to know. Also, I have my clients electronically sign the RPA (Residential Purchase Agreement) or offer online so that I can quickly submit the offer to the listing agent. These are just some of the tools that I use to help my clients buy REO properties. Good luck in your search! - Mon Aug 18 2008, 21:17

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