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Buying A Short Sale Could Make You Hate Your Agent

Click here if you cannot see embedded video. As with any real estate transaction, the sale is only as strong as the communication between all parties involved.  And with all of the moving parts involved with short sales - listing price, paperwork, following up with the bank, bank approval, tax implications, etc -problems are bound to come up.  Good communication = a good chance of the short sale going through. Also, it is important for buyers to have a clear understanding of what they can expect in a short sale … [Read more...]

Where’s The Value In A Free List Of Properties?

Click here if you cannot see the embedded video. If you want some REAL knowledge of the foreclosure or REO properties in Big Bear, check out these guys.  They've got the knowledge, study the market everyday, and even a run a site specifically dedicated to bank owned homes in Big Bear. … [Read more...]

Big Bear Foreclosure Numbers – March 2010

Foreclosure filings in Big Bear rose 12% in March 2010 when compared to February.  Year over year however, foreclosure filings were down 3% from the March 2009 numbers, the third month in a row that foreclosure filings were down year over year. Keep in mind, foreclosure filings are made up of three parts - Notices of Default (NOD), a recorded document that starts the foreclosure process, which is normally filed after homeowners fall behind in their payments. Notices of Sale (NOS), a recorded document that is … [Read more...]

Got Patience?

The lack of pateince is the hero of our demise. - unknown author … [Read more...]

Daxton learns to crawl!

My son finally figuring this crawling thing out. He started off dragging his head around on the ground. This looks a little more the Army crawl but it works. Man, I love this kid! IMG_0553.MOV Watch on Posterous … [Read more...]

Back in Big Bear

Thanks @Linsey & @tyr for #buzzRE OC today. … [Read more...]

OC beautiful this morning

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The Case Against Waiting To Sell Your Big Bear Home

Click here for direct link to the video. … [Read more...]

Best Doesn’t Mean Highest – The Truth Behind Multiple Offers

Bank owned listings are accounting for almost 50% of the sales in the Big Bear area.  Multiple offers are becoming the norm on these aggressively priced properties and the buyers are having to learn a new strategy of making offers and counter offers.  Gone are the days of endless counter offers back and forth between the buyers and sellers.  Receiving a best and final counter offer is what a buyer can usually expect and there are some things that you should know when responding to these bank counters. Highest … [Read more...]

Big Bear Home Sales – March 2010 & First Quarter 2010

Home sales in Big Bear jumped in March 2010.  First quarter sales are up while prices are still down. Big Bear Home Sales Home sales in March were up 18% when compared to the February sales (73 v. 62).  Year over year, sales are up 26% from March 2009, encouraging news for the market. Compared to March 2008, sales were up 49%! 34, or 47%, of the 73 home sales in Big Bear were bank owned, about 8% more than last month and one of the highest months for bank owned sales in Big Bear we've seen in the past 6 months. … [Read more...]