You Have Questions? We Have Answers.

Here are some queries we’ve received recently, along with our responses. If you’ve been wondering about real property sales, home ownership, lots and land, real estate investments, financing — anything to do with real estate, please let us be your source of reliable information.

Q: I have been in escrow for 90 days on a short sale and I still haven’t received approval from the short sale lenders. I thought that the banks had this short sale process working efficiently and were giving faster answers than before.

Posted on February 22, 2011 by Coldwell Banker Brokers of the Valley

A: It all depends on the particular lender and fact situation. Lenders that made loans that were kept in the lender’s inventory portfolio have, by and large, streamlined the short sale approval process to the point that it is taking … Continue reading →

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Q: I just made an offer on a tenant occupied house. What kind of things should I watch out for?

Posted on January 4, 2011 by Coldwell Banker Brokers of the Valley

A: In addition to all of the normal inspections that a buyer makes to determine the condition of the property you must also determine the condition of the tenancy. First of all you should have made your offer using a … Continue reading →

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