appraisal issues: Ralph Sells The City: The Adventures of a Non-ExtraTerrestrial Realtor - Afraid of a Lizard? Seriously?!! - 09/14/12 05:58 PM
Ralph Sells The City: The Adventures of a Non-ExtraTerrestrial Realtor - Afraid of a Lizard?  Seriously?!!
I have a short sale listing in Chatsworth, California.  Sent the full package in last week.  The bank's appraiser called me today to do the BPO Appraisal.
I could not make it due to a time conflict, but my seller agreed to meet her at the property at 1:30 because after telling her there was a small friendly dog in the courtyard, the appraiser wanted someone to be there.
Then the appraiser and called me back an hour later and said she can't make it … (34 comments)

appraisal issues: Ralph's Helpful Tips: Holding Deals Together - How to Get Creative - 07/23/12 08:14 AM
Ralph's Helpful Tips:  Holding Deals Together - How to Get Creative
Purchasing a home these days is not as simple of a task as most people think.  Even just negotiating the purchase contract has so many more elements now than it used to.  I hear all the time from some of the agents who have been in the business for 20+ years how they used to sign deals on the hood of their car!
But going past the point of a mutually accepted offer, there's the huge task of getting through the escrow all the way towards closing.  And I know … (24 comments)

appraisal issues: Don't assume your buyer will want to challenge an appraisal that comes in under purchase price. - 06/02/11 10:12 PM
Don't assume your buyer will want to challenge an appraisal that comes in under purchase price.
I had an escrow recently in which the appraisal came in almost 10% under purchase price.
I am representing the buyer in the transaction and got a phonecall from their lender when the appraisal finally came in (which was almost 30 days after the fully executed contract).
The lender said the appraisal was way off, and that they were going to fight it and submit a rebuttal.  I really didn't delve into whether or not I felt the appraisal was way off myself, but I … (16 comments)

appraisal issues: A real DOOZY this week with an appraisal on a short sale I am mitigating............... - 03/20/11 12:04 PM
A real DOOZY this week with an appraisal on a short sale I am mitigating..........
In addition to my own short sale listings, I am also a certified/hired short sale mitigator for other agents.
Right now I have 3 short sales that I am mitigating for other agents in my area.
One of them just got an accepted offer, and the other two I have obtained written approval for.  Both of those had 2 lenders on them, and one of them I successfully negotiated the HAFA short sale for, and the sellers will be receiving $3000 from the net proceeds at … (13 comments)

 
Ralph Gorgoglione, California Real Estate (800) 591-6121 (John Aaroe Group) Ambassador large

Ralph Gorgoglione

California Real Estate (800) 591-6121

Los Angeles, CA

More about me…

John Aaroe Group

Address: Los Angeles, CA

Office: (800) 591-6121

Mobile: (310) 497-9407

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