Foust Team Real Estate Blog

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Real Estate Agent - Foust Team Real Estate Sales
Current, relevant, and insightful topics on real estate in North Orange County, Fullerton, Brea, Anaheim, Yorba Linda, La Habra, La Mirada, and Placentia.

ARCHIVED BLOG POSTS

2010 

In the old days (last year,ha ha),a BPO (Broker price opinion) was one of the last things that happens in a Short Sale.  BPO's were only done when the banks holding the mortgage were about to make a decision - almost always many many weeks after a real offer was submitted.   Now it appears that t...
03/31/2010
Something is going around, like the flu, that is making owners of homes in Fullerton think that if they remodel, more than slightly, it will drive up the sales price.  This is a terrible idea - and it does not work.  We just watched an owner do this, and now he has had to drop the price to get th...
03/26/2010
Fullerton homes for sale and Fullerton real estate have more than their share of short sale offerings.  But while they may be a frustration to buyers, there is some real hope for these same buyers.  The problem lies in the status as "back up offers only" - this means they have at least one accept...
03/12/2010
It is not just in Fullerton, but all over, that listed prices of homes for sale are understated.  This is especially true for the "short sales".  What is happening is that the seller and the listing agents are hoping that by listing at prices way below the market they can induce a bidding war.  Y...
03/08/2010
Fullerton Homes for sale are plagued , just as other cities, with reluctant buyers changing their minds.  Yes even in Fullerton, homes for sale that are in escrow are still subject to cancellation of the deal.  In these unusual times it is not unusual for a buyer to change their mind and retreat....
03/02/2010
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Robert Foust

North Orange County | Fullerton Real Estate | Brea
Grey hair is from experience - give me your tough questions
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