Sean Giorgianni

"Unique resources delivering exceptional results."

I'm a:	Real Estate Professional
Company:	Park Place GMAC Real Estate
Location:	Moreno Valley Corona Hemet Perris Riverside Temecula Murrieta Lake Elsinore View all locations...
Web sites:	Foreclosure Television
	Search the REAL MLS
Phone:	(951) 571-9229

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My Q&A

Sean Giorgia…'s Questions (0)

Sean Giorgia…'s Answers (92)

How are the sales statistics for a given area calculated?

Asked Thu Sep 11 2008, 11:13 by Chris Jennin… - Coachella - Market Conditions - 2 answers

Sean Giorgianni answered:

Trying to understand real estate sales numbers is like trying to define the shape of spilled jelly - everyone's got their own idea of what it is.

Sometimes numbers are taken from the tax roll. Other times they come from various filings recorded with the County registrar. They are often wrong.

When I quote numbers I use data taken directly from the Multiple Listing Service.

Raw numbers mean as much to your buying/selling decisions as raw hamburger does to a cooked patty. Focus on the deal and whether or not it makes economic sense.

Good luck! - Thu Sep 11 2008, 11:22

Are we stuck here forever?

Asked Fri Sep 5 2008, 15:58 by doggiedetail… - Mira Loma - Home Selling - 8 answers

Sean Giorgianni answered:

Nah, you're not stuck there forever. Assuming good comps (and I'd have to see your agent's methodology to comment on that), it sounds like you need to lower your price or wait it out. Really, everything before the last three months counts as much as the Dark Ages, so don't count those. Feel free to contact me directly if you need more help or have a specific question. I can be reached at sean.giorgianni@gmail.com or 951-571-9229. Thanks for the opportunity to help! - Fri Sep 5 2008, 16:08

How to make sure the house we want to rent does not have a NOD?

Asked Tue Sep 2 2008, 23:21 by Helina - 92590 - Foreclosure - 3 answers

Sean Giorgianni answered:

Drop me a line. I check the status of certain properties for my clients every day. Would love the opportunity to help you too (free and with no strings attached). I can be reached directly at 951-571-9229 or sean.giorgianni@gmail.com - Tue Sep 2 2008, 23:33

Hi, I'm a first time home buyer and have been looking for REO properties in

Asked Sat Aug 23 2008, 09:38 by menyoo - 92508 - Foreclosure - 5 answers

Sean Giorgianni answered:

In my rush to get you the list of properties, I forgot to point out a few things. First, none of the properties I gave you are my listings. I would never recommend that you let an REO listing agent double-end a deal. At the end of the day, the listing agent works for the Bank, not you.

I simply meant to convey that, because I am an REO listing agent, I have a unique insight into the process for both the buyer and the seller. I also represent buyers.

Be prepared to make a fair offer based on a credible review of market data. Feel free to contact me directly at 951-571-9229 or sean.giorgianni@gmail.com if I can help you with this or any other need. - Sat Aug 23 2008, 09:59

I am an REO listing agent, so I know how to play the game. Here's a list of REO properties in the 92508 zip code that are under $300K: http://www.mrmlsmatrix.com/DE.asp?ID=2990794664

Let me know if you need anything else! Thanks for the opportunity to help. - Sat Aug 23 2008, 09:52

Is owner carry financing a good idea in this market?

Asked Sun Aug 3 2008, 07:44 by Kathleen Dunn - Riverside - Home Selling - 6 answers

Sean Giorgianni answered:

If you're the Seller, seller financing is a great option.

But if you're the Buyer, Seller financing in this market is a lot like charging $49.95 for parachute pants in the 90's. At first it sounds great, but you pay more than you thought for something that's worth less than you thought.

Seller financing solves two problems: (1) the Buyer can't get a better loan; or (2) the Seller can't get the house to appraise so she finances the difference. If you're okay with either - or both - of those possibilities then it might be something to consider.

Thanks for the opportunity to help. You can contact me directly at 951-571-9229 or sean.giorgianni@gmail.com if you need anything else. - Sun Aug 3 2008, 09:38

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