Jan
11

Sean O’toole’s California Forecast for 2013

Posted In: Court and Auctions, First Time Home Buyers, For Buyers, For Sellers, Foreclosures & Short Sales, General Real Estate News, Local Market Statistics, Mortgage & Finance
Interesting article from www.foreclosuretruth.com http://www.foreclosuretruth.com/blog/sean/california-forecast-for-2013-more-of-the-same-save-the-black-swan/#comments I actually agree with most of this article, with my key thoughts being: In our neck of the woods trustee sale investors (think large suitcases full of cash on the courthouse steps) are seeing more competition but still finding amazing deals.  Most are not banking on large ROI’s anymore, just looking to make a few [...]
Feb
09

Expired Rate Lock Can Cost You

Posted In: First Time Home Buyers, For Buyers, Mortgage & Finance
thumbnail for Expired Rate Lock Can Cost You
Just received this from a mortgage broker with RPM Mortgage in Berkeley: “Keep in mind that there will be a pretty hefty lock extension fee  if an escrow extends past the original lock period. Any delays could be quite costly to the buyer.” Attention buyers: don’t delay on jumping in and starting your inspections and negotiations, and be you and [...]