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).

Free Loan Modification Help from NACA will be available in San Jose June 17-22 and LA June 25-29

If you have a loan that is not affordable and you would like to see if your loan can be modified so that you can stay in your home with an affordable long term mortgage payment, get down to the San Jose Convention Center June 17-22 or the LA Sports Arena Center June 25-29.

I have blogged about NACA in the past–they are the organization that was able to get me and several people I know and thousands of others great loan modifications after our banks had already denied us…and they did it for FREE! They saved me about $1620 per month!
If you only own one property (the American Dream), or one property that has a mortgage on it, then NACA may be able to help you too, even if your bank has already denied your loan modification in the past, once, twoce, or even more times than that! They cannot help everybody, but free is free and it is worth a shot! NACA has special contracts with varoius lenders, so if they cannot get you a modification, I do not believe anyone can.

You can attend one of the events like I did which can take 2-3 days to get done or you can do the process online and/or via one of their local offices; Oakland is the closest office to the Bay Area.

From what I have heard, people have the best success by attending the events. A “same day solution” may take 2-3 days to actually happen because of the large number of people who attend the events in person, but it is well worth all the time sitting and waiting, and overnight expenses if they are able to help you. I suggest taking food and drinks in with you so that you do not have to pay the high food prices and eat junk food while you are there. Take a good book or something to read or do to occupy your time while you wait. If you cannot get through the entire process at one event, you can go to one of the future events. A friend of mine started her process in San Francisco and finished it in Florida! It was well worth it for her because she was able to get them to forgive a very large part of the balance and got her interest rate reduced as well.

If your loan is owned by the bank you make your payments to and the bank is one that they work with, then you should have your modification terms before you leave the event, aka your “same day solution.” If your loan is only serviced by the bank you write your check to, and is actually owned by an investor or group of investors, then they can write up a proposal of new loan terms that represent an affordable mortgage solution for you and get them submitted to your lender, but you will usually have to wait 30-45 days or so to see if the investor(s) who own(s) your loan will agree to the changes. Please note that some investors will NOT modify a loan regardless of circumstances so in those cases, NACA will not be able to help you, but you will not know unless you go and if you want to keep your home it may be a good alternative to forclosure for you.

From the website:
“NACA’s historic Save the Dream Tour has been an incredible success with hundreds of thousands of participants. Thousands of homeowners received same day solutions saving hundreds some over $1,000 a month. All of NACA’s services are FREE.

You can get a list of the cities they plan to be in and event dates along with more details about NACA and theor Save the Dream Tours at

Visit to find out more.
If you go to NACA, I would love to hear your feedback!
If NACA cannot help you and you decide that you need to sell your home or you would like to know if you have other options you did not know about, my team would be happy to help you! You can contact me directly at 925-577-8692.

Good luck!

Your Friend in Real Estate,


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Banks Really Do Prefer Short Sales Over Foreclosures!

It is no surprise to agents like myself who have been dong short sales for a few years know that banks REALLY do prefer short sales… in spite of what many bank employees and inexperienced or novice short sale agents may say.

If a fair market value offer is in hand or close to fair market value is being offered, it is usually a better deal to short sale now rather than foreclose later because to foreclose on a home, a bank has to go through the legal process which incurs additional fees and months of time in order to actually foreclose on a home. Once they foreclose on a home, they often have back taxes to pay (Uncle Sam always gets paid), back and current HOA dues to pay,  home clearing/clean-up costs, eviction or cash for keys costs if the homeowner or tenants are still in the, carrying costs like property clean-up, upkeep, utilities, etc. On top of all that, they still have to hire an agent to list the property as well as pay the buyer’s agent a commission on the home. Sometimes, lenders have to hold a property for a certain period of time if there is a redemption period in which the homeowner can come back and reclaim the property. Time=Money and the real decision makers at banks understand the concept of  “first loss, best loss.”

Sometimes employees at the banks do not understand numbers and in order to get an offer accepted, sometimes even after a file has already been declined and closed by a negotiator, we have to get the numbers in front of someone higher up who understands numbers and who can make a decision on their own without asking permission. And yes, a file can often be resurrected if the numbers make sense. A closed file one day can be an approved file the next.

A study by Clayton Holdings shows that a short sale is MUCH better than a foreclosure for the banks. (To read a full report on the subject CLICK HERE)

Thanks to the guys at Short Sale Genius for bringing this study to my attention!

If you or someone you know in Livermore, California, or Alameda, Contra Costa & Parts of Solano, Napa, San Joaquin, the Greater Bay Area & Other Northern California counties have questions about short sales or need assistance with a short sale on your own property, just let us know. My team would be happy to assist you directly if we serve your area or refer you to a great person in your area if we cannot assist you directly. We do process short sales for a select few agents who meet our criteria, so if you are an agent who needs someone to process your short sale listing, contact us to see if you may qualify.