Answer 1. No. When making an offer, you may ask the banker to pay for lender required repairs.
Answer 2. A Short Sale is when the lender permits the sale of a home for less then is owed. Click here for more information.
Answer 3. REO = Bank owned and the property is usually listed by a local real estate agency.
Answer 4. I can place an offer on your behalf regardless of which brokerage owns the listing.
Answer 5. BRAC = Defense Base Closure and Realignment Commission See map.
Answer 6. Click here for information.
Answer 7. Click here for information.
Answer 8. In California,
lenders typically do not file a Notice of Default until the borrower is at
least 60 days behind in making payments. Lenders must then wait 90 days. During
that 90-day period, the borrower has the right to make up the back payments
and reinstate the loan. After 90 days, the lender is required to publish a
'Notice of Trustee Sale' in the newspaper for 20 days and then may sell the
property to the highest acceptable bidder on the courthouse steps. If no acceptable
bid is received, the trustee then conveys the property to the lender. The
lender then list the bank owned, REO, with a local real estate office.
Answer 9. Life
is in the struggle.
La vida esta en la lucha.
Integrity, Experience, Commitment! Eloy holds a M.S. (Masters of Science in Applied Mathematics.) from the University of California in San Diego, B.S. (Bachelor of Science) from University of Colorado and a California teaching credential. He prides himself on being an honest, bilingual (Spanish; English) and a creative problem solver. Eloy's real estate lending and investment experiences are an asset he can put to work for you. Eloy offers enthusiastic and personalized service to buyers and sellers. Whatever your special needs may require or whatever you are looking for - let Eloy put his experience to work for you.
Answer 10. Call for a free 'Comparative Market Analysis'.
Additional Languages: Spanish
