Anaheim Real Estate
THIS PAGE IS UPDATED EVERY MORNING MONDAY THROUGH SATURDAY
last updated 3:42 pm, Wednesday 3/10/2010
MLS Updates:
Who can really update all of their listings on the MLS every day?? I keep this page updated every day to give you as much information as possible as to not waste your time or your client’s time!
HOT properties!
When there is a new hot listing that means about 40 agents calling a day checking on availability. In response to this demand I created this page so you can instantly have this information without having to call and leave a message.
You have already placed an offer: If you have already submitted an offer then you can also watch this page for updates!
Please read below for specific property info and if you are going to write an offer please read this whole page!
Here's what you absolutely need for offer submission:
When submitting an offer you must include:
1) A copy of the earnest money check
2) Proof of ficos scores (can be stated on pre-qual letter)
3) Proof of funds that will be used for this purchase\
4) The strongest preapproval that you can get from your clients lender! The preapproval should state that employment, source of funds and credit has been reviewed.
**you don’t need to send additional disclosures from your company unless your offer has been accepted.
Email offers only!
Please do not fax me your offer! Please scan or use Mongo fax to send your offer. This allows me to respond to you and keep track of your offer more efficiently! It would be wonderful if you included property address, buyer’s last name and offer amount in your subject line!
Also, send your offer, proof of funds, copy of earnest money, preapproval, fico scores in ONE EMAIL
Multiple offers:
***if a home receives more than one offer I will need to counter you "BEST AND FINAL OFFER" which means: Best and final offer will be chosen by the highest net proceeds to the seller: the highest price, the fastest closing and the least amount of buyer costs (recurring, non recurring, termite, home warranty). Also, the seller typically likes to see inspection times shortened up to 5-10 days. Best and Final really does mean that you may not have another chance (typically best and final offers are not countered) so make it your BEST and FINAL.
Commission
Commission is based on net proceeds to seller. So, if your offer includes seller to pay buyers closing costs your commission will be based on sales price minus seller paid buyer closing costs
Preferred lenders for REO properties are as follows:
Adam Lane with GMAC Mortgage:
704-770-3508
adam.lane@gmacm.com
Matt Donovan with Nationstar
972-316-5974
Matt.Donovan@nationstarmail.com
REO properties are sold AS IS: this is not a joke!
Please, please, keep this in mind when writing your offer with your client! Please, please do not send an offer if you have not seen the property!
addresses in green are available
addresses in yellow have offers
addresses in red are in escrow
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12531 Browning (GMAC)
Available! Mutliple offers.
Thank you so much for your offer! I know how much time and energy is put forth by buyers and their agents when they put an offer together and I appreciate your time and effort!
We have had tons of offers in a short amount of time. I am presenting HIGHEST AND BEST offers to the seller on Monday morning so this means that highest and best offers are due Sunday 3/14 at 10pm . Please make sure that you really have submitted your clients highest and best offer as there will be no counters on this property.
Please also note that the seller rarely adjusts the price. So if you offer significantly over asking and the appraisal does not come in we may have to cancel the transaction if the buyer is not prepared to pay the difference between the appraised value and agreed upon sales price.
If you change your offer just change the first page but RESEND THE WHOLE PACKAGE to me. *****please check my website for updates http://www.meghanshomes.com/600528.html
**please do not ask me how many offers they are or where you need to be to get your offer accepted. If I told everyone this information all of the offers would be the same!**
628 N. Alamo (GMAC)
Available. No offers
739 N. Janss St., Anaheim NORMAL SALE!!!
in escrow
16932 Lilac (GMAC):
highest and best offers presented. Bank countered chosen buyers. If you did not get a counter from me than you were not countered. I will notify all who emailed offers (either by mongo fax or email) when I have all documents signed.
2351 W. Broadway (US BANK)
multiple offers!
seller asked me to find out which buyers are 1) willing to waive appraisal contingency 2) pay for any lender required repairs themselves 3) waive any seller requested closing costs. Offers will be presented on Monday 2/22..UPDATE: offers submitted
3/2 still waiting for banks answer
23627 AQUACATE RD, CORONA, CA 92883 (GMAC)
in escrow
4802 Sunfield (GMAC)
Available! I dont see any reason why this house could not go FHA, just needs a little sweat equity type of work.
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Three offers....This home is a real fixer! Has no flooring in the living room, just concrete slab floor, mold in a closet, a real fixer. Wont qualify for FHA, VA financing.
1001 Verona (GMAC):
in escrow
4308 9th (SHORT SALE)
owner has chosen offer to work with
Other items you and your client should know when placing an offer:
1) Please don’t make an offer expecting to get a credit later for repairs that are obvious.
2) If the bank counters you with a limit for termite work and the actual amount of termite work is over that limit, then your client is expected to bring in the rest of the cash for the clearance. Sometimes it’s easier to NOT ask for termite clearance and have your client take care of on their own after the close of escrow.
3) All listings stay active on the market until the bank has signed all contracts.
4) Please make sure that YOU and your client have done a thorough visual inspection before writing an offer. It wastes time and energy on everyone’s part to negotiate an offer and then the agent withdraws the offer because they actually went to see the house.
5) I am a stickler about time frames! You will be sent notices to remove contingencies according to the contract and you must remove these contingencies! On some bank contracts the contingency removal is passive, I will still send you a notice to make sure that you know when time frames are up! You need to schedule inspections immediately and keep your finger on the pulse of your client’s loan process and make sure appraisal gets ordered immediately.
6) The combo lockbox on the front door is the bank's combo box! It is there so that their representatives may access the property for appraisal, inspections and so on. That is why I do not give the combo box codes out because inevitably an agent will walk away with a key! You must use the supra box. If you walk away with the key from the supra box, I will have the box read and call you and your manager! Key theft is not tolerated! It costs $150 for me to have locks removed, rekeyed and new copies made.
7) Your client is not to be inside of the property without you!
8) No repairs or improvements can be performed until the deed has recorded!
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Century 21 Superstars Real Estate
303 W. Lincoln Ave • Anaheim, CA 92805
714-273-1381 • 714-254-3071
DRE# 1243803
