Tweet (REO = bank owned property that failed to sell at auction after property foreclosed) 1. ALWAYS get local team members (i.e. lender and realtor especially) 2. If the bank disagrees with the appraisal you got, they will ask for another. Put a clause saying that the seller will pay for ALL additional appraisals if needed. [...]
Category Archives: deals
Bay area housing inventory snapshot – September 2008
Tweet Housing Inventory Snapshot September 30, 08 Average List Price Median List Price Average Days On Market Santa Clara County, CA Single Family under $1M $572,450 $549,888 86 Single Family over $1M $2,113,967 $1,549,950 76 Condo/Townhome under $600K $346,303 $330,000 84 Condo/Townhome over $600K $806,929 $728,000 63 San Mateo County, CA Single Family under $1M [...]
Bay area housing inventory snapshot – August 2008
Tweet Housing Inventory Snapshot July 30, 08 Average List Price Median List Price Average Days On Market Santa Clara County, CA Single Family under $1M $583,314 $565,000 84 Single Family over $1M $2,093,908 $1,509,725 75 Condo/Townhome under $600K $361,929 $357,155 85 Condo/Townhome over $600K $792,636 $709,950 56 San Mateo County, CA Single Family under $1M $636,483 [...]