Archive for March, 2010

Websites for home search

| Jana Lee

Image by Debbi Long via Flickr
Many clients are looking for homes on the internet and finding that there are  many sites, but some are better than others.  If you are one of the cyber home seekers, try Redfin, Homes.com and Home finder.  My clients seem to favor these.  But here’s the thing…your agent has the same ...       [Read More]

Image by Debbi Long via Flickr

Many clients are looking for homes on the internet and finding that there are  many sites, but some are better than others.  If you are one of the cyber home seekers, try Redfin, Homes.com and Home finder.  My clients seem to favor these.  But here’s the thing…your agent has the same access to all of these shown on these sites as well.  So the agent can “hook you up” to receive the information as they come on the market so you don’t have to look into any sites all day long.  You can actually have peace of mind that you are up to date on the listings out there.
So, keep your agent informed on your parameters of the home search, have the agent “hook you up”, and notify the agent if there is a house you want to check into further and that way, you can spend your time doing other things.

Where’s my Equity???

| Jana Lee

You may this similar question after years of trying to save and putting in “:sweat equity” into your first home. This was written by my loan officer and is very interesting.
The other day, while perusing through SF Gate for the daily fix of current events, I came across this compelling article. It describes the perspective ...       [Read More]

You may this similar question after years of trying to save and putting in “:sweat equity” into your first home. This was written by my loan officer and is very interesting.

The other day, while perusing through SF Gate for the daily fix of current events, I came across this compelling article. It describes the perspective of a young couple eager to start a family in there first home. Come to find that their achievements, their equity, pretty much their nest egg; had been swallowed up by the real estate “Black Hole.” “Where’d all my equity go?” It’s a question that comes up often in this financial climate.
The vast amount of Americans in this situation is staggering. The consequence of what the article explains “strategic defaults” would cause further spiraling into the abyss. I am in no way endorsing the actions portrayed as “strategic defaults.” My intrigue with the opinions of the article is due to the fact that it is completely relevant to so many people. It hits home. From friends and colleagues, to internet blogs and clients, it’s a situation that comes up far too often.  
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2010/03/08/MNAO1C7TT1.DTL
Source: www.sfgate.com
Thoughts? Comments? Feelings?
Best regards,
Jeff Tung Jr.
Senior Mortgage Specialist
Tel: (650) 465-9762
Fax: (650) 239-4022
http://www.trulia.com/profile/jefftungjr/

Defeated again?

| Jana Lee

This market can really wear you down.  I know because it wears me down as well.  In the world of real estate, you must be persistant and know how to play the game.  I am with a client for about a year now and we have made multiple and numerous offers.  I am actually amazed ...       [Read More]

This market can really wear you down.  I know because it wears me down as well.  In the world of real estate, you must be persistant and know how to play the game.  I am with a client for about a year now and we have made multiple and numerous offers.  I am actually amazed at how my client is still willing to go for it.  The same goes for me.  I have to find that extra energy and positive outlook to keep plowing through the hard times (now). 
Don’t give up!!!