San Diego Real Estate Cafe by Krista Lombardi
Archive for July, 2010
Who Showed My House and Dropped Coca Cola on My Carpets?
Did this happen? Yup, it sure did!
One of the issues of having a lockbox on your property is not only that accidents may happen, but I cannot stress enough that you should always have your jewelry and valuables locked away when your house is for sale.
Always? Yes, ALWAYS!
San Diego real estate agents have to have a squeaky clean record, there can be no felons in the industry, we can’t get a DUI, no back child support, I believe that there is a limit to misdemeanors and you cannot have been found guilty of Megan’s Law. (Fact is, I don’t belong to any of these categories, thankfully.)
That does not mean that an agent or their clients’ can’t succumb to temptation.
Maybe the Russian Spy Listed the White House for Sale?
Redfin, the online real estate company seems to be on a roll. First they list the White House for sale by owner for $10 million and the newest scandal is that they have a Russian spy hired as a real estate agent.
Am I coming down too hard on Redfin?
Like they always say, “You get what you pay for.” Get $1,000.00 back at close, but we don’t negotiate a penny for you. In one Redfin transaction that I had, the Redfin agent was out of town weekly, cell phone turned off and no one to fill in for her in her absence. I’m sure that she could have negotiated a little more for her clients….if she’d been around. I always say that you can save 1%, but I can negotiate $10,000 for you. Which one is greater?
Back to Redfin.
A few weeks ago the real estate website listed a “DC Charmer” as a for sale by owner. I saved the listing for you to see.
Fast forward to today and now we have an alleged spy employed by Redfin.
The One Thing You Must Know on the 4th of July
Happy 4th of July, happy birthday America, and see you for the fireworks 
San Diego! If you are still making up your minds on what to do for the 4th of July in San Diego click here for a list of just about anything you can imagine.
On this great day, many honor those who have served or are serving their country, and to do my part, I’m writing about an assistance program for the military that is little known or spoken of.
What is it?
Walking Away From Your House? Fannie Mae Is About to Fight Back
Has your mortgage got you feeling like you are trying to get away from a bad storm? If you can still afford to pay it, you may not want to walk away.
Fannie Mae plans to fight back at homeowners who are able to pay their mortgage but decide it’s not worth it. If you have been considering this option, Fannie plans to go after you in court to limit your access to a home loan for seven years.
Fannie is going to have the companies servicing its loans recommend when it should pursue a definciency judgment
How to Get a Piece of the $700 Million Coming Our Way
700 Million to trim underwater mortgage
California is going to use Federal money to pay down mortgages for struggling homeowners, don’t miss the train on this one!
This program will be launched on a first-come first served basis, The California Housing Finance Agency will be using this money to trim individual mortgages by up to $50,000 and lenders will be asked to match that amount.
That is potentially $100K off what you currently owe. Not a bad deal.
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