Better Homes and Gardens Real Estate | Mason McDuffie
3320 Grand Ave. Oakland CA 94610 (510) 834-2010, (510) 418-9443, Ernest@GoErnest.com.
Real estate service in regular sales (equity), foreclosure (REO, Real Estate Owned), short sales, probates, trusts, conservatorships, single family residences, luxury homes, condos, and multi-units. Also, skilled with 203K loans, divorces, flips, and BPOs (Broker Price Opinion). Service in small commercial real estate.
Service in Spanish. (Hablo Español.)
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This Week's Real Estate Story
"3 Filters That Get In The Way Of Getting A House For Buyers"
They don't like the house. That's the first filter. There are 30 houses listed in their price range. Out of those, buyers like only 3 of them. Yikes! That eliminated 90% of the inventory right there. Their reasons: The house is in the wrong place; it has a shared driveway; it has a tenant, etc.
The seller doesn't like their offer. The seller filters them out. The seller sees that it's an FHA, 3.5% down loan, a weak buyer. He thinks the buyer won't be able to perform so he rejects the offer. Or, the seller gets 6 offers, and takes the highest and best, meaning he doesn't like five offers.
The bank doesn't like the house. The bank filters them out. Buyer and seller agree on the deal. Now the bank appraises the house and either the value is not there or the house needs some work. Or something happens to the borrower. Either way the bank won't make the loan!
Realtor Oakland CA - Real Estate Agent Oakland CA - Realtor Oakland CA
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