Archive for April, 2010

Wells Fargo/Wachovia Streamline Sacramento Short Sales

After today’s training with Wells Fargo/Wachovia, I have a new respect for Wells Fargo Bank. I also know now that the banks can and should be doing more to facilitate short sales. Granted, their system has some loopholes and caveats, but I do see an effective and efficient system, which is more than any bank can say at this point. Here are the highlights:

Realtor 2.0, not your parents Real Estate Agent!

It’s a new time and era for Realtors. In the past people have picked real estate agents typically by referral. I’ve found that most people looking for a Realtor have often gone to a reliable source to obtain a referral, they’re parents. This mentality is logical, but sometimes not beneficial.

California Mortgage Forgiveness Act, sunshine amid the rain.

Amid all this rain, there is sunshine! Yesterday the California Mortgage Forgiveness Act was signed, which is great news for homeowners. Those who were previously hesitant to short sale their homes due to the potential state tax to be incurred, can now exhale.

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