Buying Bank Owned Homes

Raymond Stoklosa

Buying Foreclosures is Not a Get Rich Quick Scheme

Beware: Foreclosure Industry is Full of Scammers As long as humanity has the “6 Dreaded D’s” – death, divorce, disease, drugs, denial and da job – foreclosure will be a part of the lending landscape.  As long as we have people in distress, we will have people willing and eager to take advantage of them.  [...]

Rebecca Williamson

Webinar: What to Know Before Buying Foreclosures in San Mateo

Webinar Date/Time: Thursday February 25th at 6:00pm In addition to our Home Buying Tuesdays monthly home buyer education series, we are also adding a webinar series to our educational programs here at LivingWellinSanMateo.com. Bank Owned Properties and Foreclosures in San Mateo County This month we’ll be talking about a very popular subject, What to Know [...]

Raymond Stoklosa

8 Critical Factors Affecting the Real Estate Market in 2010 Part II

Yesterday, we showed you the first 4 of our 8 critical factors affecting the San Mateo real estate market in 2010. Today, we’re going to give you the rest. The Final 4 Climbing Interest Rates Stricter FHA and Fannie Mae Underwriting Rules Rising Foreclosure Levels Loan Modifications Fail Climbing Interest Rates The cycle aberration of [...]

Raymond Stoklosa

8 Critical Factors Affecting the Real Estate Market in 2010 Part I

The 2010 San Mateo County Housing Market will present challenges and opportunities as never before to home buyers, home sellers and real estate investors.  Here’s how we see the 2010 San Mateo County real estate market. The First 4 Today, we’ll give you the first four of our 8 critical factors affecting the San Mateo [...]

Raymond Stoklosa

What Are My Options if Home Doesn’t Appraise?

Multiple Offers are Common in San Mateo Homes below $600,000 Throughout San Mateo County– and much of Santa Clara County – I’m again seeing multiple offers and overbidding on single family homes listed under $600,000. Most often it’s the REO – bank owned homes – that are inundated with offers. The distressing part is that [...]