Here is a response to one of our posts about Foreclosures in our blog, from Ken Moll, President of GGB Capital LLC, here in San Francisco. A bit too long for our comment section, so we’re publishing this as a guest post:: “Now three months have passed and this moratorium “panic” is largely subsided []
Will A Moratorium on Foreclosures Help the San Francisco Market?
In the past week, several major banks have announced that they will stop the foreclosure process until they have more time to evaluate the process and be sure that there are no errors in their paper work. Is this good news or bad news? The answer of course is that it depends. If during this []
Short Sales: Most Times, Everyone Comes Up Short…
I heard an interesting statistic the other day: Only twenty percent of all short sales that have been approved by the banks ever closes escrow. Let me start at the beginning. A short sale refers to a home or condo that is being sold, where the purchase price being paid by the Buyer (the market []
