Be a Smart Buyer/Seller
Tips for sellers in short sales
The “short sale” begins when the seller has trouble of making mortgage payments and the potential sale price is less than the mortgage amount. The seller or their agent approaches the lender asking if the banks or lenders are willing to settle for less if and when a purchase contract is signed. There are [...]
Fannie Mae and Freddie Mac takeover
The biggest financial news from yesterday and today is Fannie Mai and Freddie Mac takeover by government. In another words that Fannie Mae and Freddie Mac have been placed into “conservatorship” and will be overseen by the Federal Housing Finance Agency. This takeover means that the government will temporarily run Fannie and Freddie until they [...]
Move up?? Chase the market?
E-Waste Event July 26th -July 27 2008 9AM – 3 PM
July 26th to July 27 9 AM to 3 PM the Goodwill of Silicon Valley and Electronoic recyclers International are hosting a FREE Electronic E-Waste Event today and tomorrow. The E-waste contain hazardous lead and mercury, and these toxic substances eventually leak and contaminate landfills. It is illegal to dispose of e-waste in the trash. [...]
Short Short Short … What is a Short sale? 1 of 2
“Short sale” becomes a buzz word nowadays but what is that? According to About.com the short sale is A short sale occurs when a property is sold and the lender agrees to accept a discounted payoff, meaning the lender will release the lien that is secured to the property upon receipt of less money than [...]
Palo Alto, Mountain View, Cupertino, Sunnyvale are in seller market.
Two Silicon homes have a differnt apprication?!
Preparing your house for a home inspection or sale
This morning Corey Folsom, property Inspector, inspected a Pebble Beach home I just sold. He gave me some reading material. I found this article is extremely important for the home sellers. He listed 15 items to prepare a home for the inspection: 1. Secure or remove unruly pets for the time of the inspection. 2. Create clear [...]

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Grace Keng
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