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When I started in real estate back in 1974, interest rates were 8% fixed, little two bedroom homes were beginning around $24,000 and investors were buying up properties for long-term holding. As prices rose, they took their money elsewhere, often out of state. But the small investor most often prefers to invest locally where they [...] Continue reading Investors Are Back Last week the Nation’s five largest banks agreed to a settlement of $25 billion dollars. It sounds like an awful lot of money although probably a drop in the bucket compared to what the banks are making these days… California will receive a generous $12 billion of that money to be used to help homeowners. [...] Continue reading $25 BILLION BANK SETTLEMENT – Is it really such a great deal? Sally recently received the accreditation of CDPE – Certified Distressed Property Expert. This certification means that she has a thorough understanding of complex issues in today’s turbulent real estate industry and knowledge of foreclosure avoidance options available to homeowners. If you have a short-sale or distressed property for sale, let the Sally Bookman Team help [...] Continue reading New CDPE Accreditation Despite negative reports on the state of Home Sales in many parts of California, the truth is that the market is active and properties are selling, very often with multiple offers. While there are cash buyers taking advantage of distressed home sales (ie. short sales, bank owned properties and foreclosed-on-court steps sales) the majority of [...] Continue reading Contingency Clauses in Real Estate Contracts We have a new look to our website. We hope you find it helpful and welcome any feedback you might have. |
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