Investors

Raymond Stoklosa

15 Questions to Ask Before Making an Offer on a Short Sale in San Mateo

San Mateo County has its share of so-called short sales. To be clear, we don’t have the glut of short sales or bank owned homes as we see in places like Sacramento, Modesto and Stockton. San Mateo County’s inventory of distressed properties is indeed very modest. Just How Many Alleged Short Sales are For Sale [...]

Raymond Stoklosa

What to Expect When Buying Bank Owned Homes – Including the Bank’s Addendum

Buying a bank owned home in San Mateo County is among the best ways to purchase a home at a value price. The purchase process is much more orderly and much less emotional than a conventional consumer sale. The bank is going to evaluate your offer strictly on the net sales price and the likelihood [...]

Raymond Stoklosa

The Truth About Buying San Mateo Short Sales

What You Need to Know Before You Buy a Short Sale in San Mateo One particular category of homes for sale are those in the pre-foreclosure stage. That is, the owner is behind on his or her mortgage payments, but the lender has not yet begun foreclosure proceedings. Among this segment of the market are [...]

Rebecca Williamson

Can You Steal a Bank Owned Home?

Many times San Mateo buyers, especially San Mateo first time home buyers, come in with the idea that they can get a great deal by underbidding REOs (bank owned homes). Unfortunately, it’s not so simple. REO properties actually sell on average for a higher percentage of their original list price than traditional properties do. (Traditional [...]

Rebecca Williamson

June 6th Home Buyer Seminar: How to Buy Foreclosures

REOs, foreclosures and short sales have generated quite a buzz in the media and among San Mateo County home buyers lately. Are these properties really all they are cracked up to be? Why You Must Attend if You Are a San Mateo County Home Buyer Join us at this San Mateo home buyer seminar where [...]