San Mateo Short Sales

Video: 5 Short Sale Questions to Ask Before Making an Offer

By Rebecca Williamson · October 27th, 2009

Nationally about 80% of short sale requests are denied, meaning less than 20% of all short sales close in the United States. In San Mateo County, we are seeing a failure rate of about 70%, meaning about 30% of the short sale proposals close escrow. Not very good odds if you’re a buyer. How Can [...]

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Can You Really Buy San Mateo Foreclosures for Less than $20,000?

By Raymond Stoklosa · September 24th, 2009

I just heard a radio commercial touting how you can buy thousands of beautiful 4 bedroom, 2 bath homes for $20,000 and $199 per month. WOW! What a deal! Where can you find these bargains? NOT in San Mateo County…that’s for sure. Of course, the company sponsoring the commercial can send you all the information [...]

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How’s the San Mateo Foreclosure and Short Sale Market?

By Raymond Stoklosa · September 21st, 2009

The headlines shout “Foreclosures Mount”, while the talking heads proclaim “Falling Home Prices and Rising Inventories.” Well, in the words of College Football’s GameDay host Lee Corso, “not so fast, my friend.” What About the San Mateo County Real Estate Market? Certainly, in some parts of the United States foreclosures are at all time highs [...]

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

By Raymond Stoklosa · September 20th, 2009

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 [...]

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The Truth About Buying San Mateo Short Sales

By Raymond Stoklosa · September 2nd, 2009

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 [...]

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