Best Bidder Home Sale at 1449 Ohare Dr in Benicia, CA this Weekend 6/21-6/22 1-5PM ONLY–Bidding Starts at ONLY $200,000!!

Best Bidder Home Sale in Benicia, CA this Weekend 6/21-6/22 1-5PM ONLY

3 Bedroom 3 Bath House Bidding Starts at only $200,000!!

Best BidderBEST BIDDER HOME SALE- Saturday and Sunday 6/21-6/221-5PM ONLY….You must view the property in person this weekend in order to place a bid! All initial bids are due by Sunday at 5PM. Final bidding will happen by phone starting at 6Pm on Sunday. Cash or Loans Okay!! EVEN VA & FHA Loans are Acceptable if Buyer is able to pay for any lender required repairs!

This is not a foreclosure or a short sale and it is NOT ON THE MLS. This is just another way to sell a home for top dollar quickly –

See more details and pics at:,88112/1449_Ohare_Dr_Benicia_CA_94510/#sthash.xytxxEus.dpuf

Great News for People Who Did Short Sales in 2012 and 2013 in California!

Great News for People Who Did Short Sales in 2012 and 2013 in California!

Just got this great letter and had to pass it along!

December 4, 2013

Dear Robin,

The good news just keeps continuing.

As we anticipated, C.A.R. today received a letter from the California Franchise Tax Board (FTB), obtained by the State Board of Equalization, clarifying that California families who have lost their home in a short sale are not subject to state income tax liability on debt forgiveness “phantom income” they never received in a short sale.

Last month, in a letter to California Sen. Barbara Boxer, the Internal Revenue Service (IRS) recognized that the debt written off in a short sale does not constitute recourse debt under California law, and thus does not create so-called “cancellation of debt” income to the underwater home seller for federal income tax purposes. Following the IRS’s clarification, C.A.R. sought a similar ruling by the California FTB. Now with the FTB’s clarification, underwater home sellers also are assured that they are not subject to state income tax liability, rescuing tens of thousands of distressed home sellers from California tax liability for debt written off by lenders in short sales.

We are pleased with the recent clarifications issued by the IRS and the California Franchise Tax Board, which protect distressed homeowners from debt relief income tax associated with a short sale in California. We would like to thank Sen. Boxer and BOE member George Runner for their leadership in obtaining this guidance from the IRS and FTB. Distressed California homeowners can now avoid foreclosure or bankruptcy and can opt for a short sale instead, without incurring federal and state tax liability, even after the Mortgage Forgiveness Debt Relief Act of 2007 expires at the end of this year.


Kevin Brown
2014 President


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Sales Slowing in Livermore, the Tri-Valley and Bay Area & Across the U.S. A GREAT Time for Buyers to Buy a Home!

As many Sellers who put their home on the market in August hoping to be part of the summer buying frenzy with multiuple offers and over asking price offers are finding out, home sales in Livermore, the Tri-Valley, most of the East Bay Area and across the U.S. are slowing. In some bay area cities, average days on market for active listings is more than 30 days. That is not a bad thing necessarily. It is just a sign that that fall is here, mortgage rates are beginning to rise and hopefully, we will be headed to a more “normal” market and inventory. In a typical market…which we have not seen in almost a decade, we have about a 6 months of inventory on the market and homes may take 1 or more months to sell because of so much inventory. The real estate gossip says that the banks are going to start releasing their “shadow inventory” of foreclosed homes in September. If that happens, that will just increase the number of homes available for sale, giving buyers more choices and as supply and demand dictactes, home prices will either stay steady in most areas or more than likely drop a bit as sellers begin lowering their prices ir accepting less for their homes in order to compete with all the other homes on the market and get them sold.

In Livermore today, there are 10 homes on broker tour today, 94 residential properties for sale with an average of 42 days on market, 167 pending residential properties with an average of 20 days on market. That is almost three times as many homes pending sale now than and  about 50% more homes on the market today than we typically had on the market any one day during the summer! So as the calendar seasons change, so is the real estate market.

Have you seen a change in your neighborhoods market? Comment and tell me what you have been seeing where you live.

In this market, if you are considering selling your home, make sure you interview agents and know what them so you do not waste any time getting your home sold. The longer a home is on the market, the less it will typically sell for, so finding the right agent fto list your home is a must!

Since my background is in Education and Psychology, as a courtesy to homeowners in the bay area, I have put together an Agent Selection Guide that goes into detail about How to Choose The Best Real Estate Agent to Sell Your Home. It has facts about selling your home, why some people may choose less experienced agents than others, some of the marketinng an agent should be doing to get you top dollar for your home, the Biggest Mistake A Home Owner Can Make When Interviewing Agents, A Checklist for Selection Factors for Real Estate Agents, and the 10 Key Questions to Ask Agents During the Interview.

If you are thinking of selling your home and would like a copy of my free guide, email me your name, address, and contact info and I will get you a copy as soon as possible. You can use the “Contact Me” tab above.

Check out this article I found from that addresses some of these issues. Below, I have copied and pasted the text from the article at for you to check out.


Rising Rates Prompt Cash Buyers to Act

While higher mortgage rates have been blamed for the slowdown in pending home sales, they may be contributing to an increase in cash purchases, RealtyTrac suggested in a recent report.

In July, about 40 percent of residential property sales were all-cash transactions. The share presents an increase from 35 percent in June and 31 percent compared to July 2012.

Dallas experienced the biggest monthly increase in cash sales, at 82 percent, followed by St. Louis (+66 percent), Los Angeles (+32 percent), Riverside-San Bernardino in Southern California (+26 percent), Seattle (+21 percent), and Phoenix (+21 percent).

Daren Blomquist, VP at RealtyTrac, explained rising rates could be leading to a higher percentage of cash purchases, while “some non-cash buyers can no longer afford to buy, particularly in high-priced markets.”

Short sales also accounted for a bigger share of sales in July, increasing to 14 percent, up from 13 percent in the prior month and 9 percent from a year ago. Meanwhile, institutional investor purchases and sales for bank-owned properties fell flat, at 9 percent for each type of sale, unchanged from June and July 2012.

Overall, RealtyTrac reported an increase in July sales, with sales volume rising 4 percent from June and 11 percent compared to a year ago.

Despite the national gain, sales were still down year-over-year in eight states—California (-17 percent), Alabama (-14 percent), Arizona (-11 percent), Nevada (-7 percent), Georgia (-2 percent), New York (-2 percent), Hawaii (-1 percent), and Oregon (-1 percent).

Of those states, four still managed to post the biggest annual price gains. California led with a 31 percent annual increase in media home values.  Price increases in Nevada, Arizona, and Georgia ranged from 20 to 27 percent over the last year.

Among the largest metro areas, the biggest annual declines in sales were concentrated in California, starting with San Francisco (-20 percent), Los Angeles (-20 percent), San Diego (-19 percent), and Riverside-San Bernardino (-14 percent). Other large metro areas with significant decreases were Phoenix (-13 percent) and Atlanta (-8 percent).

On the other hand, sales were strongest in Chicago (+27 percent), Minneapolis (+23 percent), Baltimore (+21 percent), Boston (+20 percent), and Philadelphia (+ 20 percent).

It is Now Legal to Short Sale Your Home, Lease it Back, and then Buy it Later at Today’s Low Price!!

Ever since I have been helping homeowners short sale their properties since 2007, I have been asked two common questions:


1) Can I stay and lease back my house from the new owner?

2) Can I short sale the property to myself or buy it back later after I do a short sale?


Until recently, many banks would not allow a seller to remain in a property as a renter after they completed a short sale and none would allow an agreement that would arrange up front for the seller to potentially buy back the home at the cheaper price.


Now, those two things are legally possible if the seller/borrower qualifies and their bank agrees!


Making Home Affordable Program – Administrative Clarifications Supplemental Directive 11-02 March 30, 2011 Page 8 states the following:


Supplemental Directive 11-02 March 30, 2011 Page 8 states the following:


Sales to Non-Profit Housing Organizations

Section 7.3 of Chapter IV of the Handbook requires that a short sale be an arm’s length

transaction. This Supplemental Directive amends this restriction to allow servicers the discretion to approve sales to non-profit organizations with the stated purpose that the property will be rented or resold to the borrower, so long as all other HAFA program requirements are met.


Servicers offering programs of this type must include program descriptions and conditions in their HAFA Policy. Servicers must retain in the servicing system and/or mortgage file the evidence provided during the HAFA evaluation demonstrating that the organization was a nonprofit organization.


Under these circumstances, servicers must remove certain of the applicable “arm’s length

transaction” requirements from the SSA, the Request for Approval of Short Sale and the

Alternative RASS. These forms will be updated to reference these changes and will be available on


Not All Agents Are Certified to Assist Homeowners With This Process!


In order to provide the service to homeowners, agents have to be certified with one or more of the approved NonProfit organizations. I am one of the very few agents in the East Bay, Tri-Valley area who are certified with one or more of the approved NonProfit Organizations to offer this program to homeowners. Fresh Start is one of those programs.



Like with any program, not every homeowner will qualify, but if you would like more information about the HAFA Short Sale Lease back Program and to see if you may qualify, feel free to give me a call at 925-577-8692, send me a message through this site.


My goal is to always help homeowners know what all their options are in order to avoid foreclosure so  they can make the best choice for their situation and family. I love helping people find a way to stay in their home when that is what they really want to do and I look forward to being able to help people do just that with this program!

Livermore Real Estate Market Update–Probably have not hit bottom yet

You may need to short sale or do a loan modification if you have been struggling to make payments hoping your underwater home would increase in value so you could do a regular sale.

Lots of folks have asked me if home prices have increased in Livermore and I the answer is, not right now. In the first part of 2010, home prices did get a little better, but that was probably due to the tax credit incentive that the government was offering increasing demand for homes and with increased demand comes increased prices. Once no new real estate purchase contracts would qualify for the tax credit, home prices peaked in the second quarter of 2010, and began decreasing steadily in the second half of the year and home prices have returned to about the same as their Sept 2009 low, which were about the same as Livermore Home Prices in 2003 prices. Below, I have provided 3 charts to demonstrate the market data.
The first is a 10 year Livermore home price market history; the second a 5 year history; and the third is the real estate home price history from Oct 2009-Oct 2010 (the latest Zillow data available).If you have questions, let me know.

Looking into the would-be crystal ball that so many people think I have, I do not think we have hit bottom yet. I think as long as we are dealing with mostly foreclosures and short sales in the market, home prices will not increase and I think we will likely hit bottom in our around the end of 2012. Only time will tell.
So, for you homeowners who owe more money on your home than it is worth and are struggling with your mortgage payments hoping the market will come back in time so that you can sell your home via a regular sale and not a short sale or possibly lose it to foreclosure, you should realistically consider a different option since it will be quite some time before home prices will be back to where they were just 5-6 years ago. If you want to consider a loan Modification, I highly recommend working with NACA. Their services are free and if your loan is not investor owned, but is actually owned by the bank you write the check to, you can usually get a loan modification completed in just 2-3 days if you attend one of their save the dream events. They have one coming up this month that I will be blogging about, but you can check it out on their site at Their services are much better at the Save the Dream Tour Events than they are using the services online and the process is much quicker! I and folks I know have personally used NACA to complete loan modifications and I highly recommend them. If you have questions, let me know.

If loan modification is not the right option for you, a short sale may be what you need. I have been specializing in short sales for almost 4 years now and have lots of experience helping home owners get out from under upside properties usually with little or no out of pocket costs to the seller! Our goal is a non-deficient short sale for our client so that when the property closes escrow, the home owner has no more obligation to the bank. Many agents do not even know the difference between a deficient and non-deficient short sale. If you would like to know more, just let me know. I am happy to give free Alternatives to Foreclosure as well as Short Sale consulations to homeowners in Livermore, Alameda County, Contra Costa County, and parts of San Joaquin, Santa Clara, Solano and other counties.Just send me an email or give me a call.

Livermore Historic Market Data-Last 10 years

Livermore Zillow Home Value Index

Livermore Historic Market Data-Last 5 years

Livermore Zillow Home Value Index

Oct 2009-Oct 2010 ONLY- Livermore Market Data

Livermore Zillow Home Value Index