Mortgage Loan Experts
linda-joey@fpfarizona.com
http://www.fpfarizona.com
480-596-1577
Broker License #0908268
But, and as I mentioned last week, the times....well they are a changing. I could give you a list of whys and wherefores, however, truthfully, right now I am focused on helping buyers buy (and negotiate there way through multiple offers) and homeowners refinance.
You see, as I pointed out in my last blog, the number of sales are increasing monthly, inventory is falling dramatically, leading to shorter time on market , and, believe it or not multiple offers are becoming prevalent....that’s right multiple offers are no longer the exception in the under $750,000 price range.
Two quick stories. I know an investor group that is buying homes in central valley communities, rehabbing them and flipping them 60 to 90 days. They’ve put half a dozen homes on the market in various valley communities in the past 45 days and all have sold for over asking in a matter of days with multiple offers.
I’ve been working with an investor client who is looking for a good peninsula investment home. He mentioned (after we lost out in a multiple offer situation) that it looks like the window of opportunity is closing…and he makes a good point, closing but not closed. If you are still sitting on the fence and are serious, I kid you not, this is really happening.
For some reason this is not the topic of
the day for the media, if you really want to buy a home in the San Francisco
Bay Area call me or you agent today....if you really want to refinance your
home loan in the Bay Area, talk to you loan consultant or get in touch with me
before rates go up. If your on the "fence" it's time to get
off!
Remember, you can search for Bank Owned and Short Sales at www.AllBayAreaBankOwned.com
All homes for sale can be seen here: www.AllBayAreaHomesForSale.com
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