Listings Lately?

And now for the self-serving portion of our blog...Here are a few of the properties we've listed or sold lately.

20 Rowley Circle
2169 Green Street #3
www.1383Masonic.com
9 Via Vandyke (representing buyer)
7 Castle Rock (representing buyer)

The End Is Near (Again)

Check out the latest update from the Marin IJ on Marin foreclosure activity. We particularly enjoyed the quote from a competing broker, "This may be the point where we look back and say it's starting to go in another direction." If we had a loan modification for every time we'd read that, we'd be going in another direction by now. Not that we disagree with him, mind you. It's just that we think market shifts are like potholes; you never see them until they're in the rear view mirror (and usually your tire's blown out by then).

Foreclosure Database

Because of the seemingly never-ending fascination with distress sales, we thought we'd again offer up the link to the Marin County foreclosure database.

As always, we add the caveat that many homes that are in the foreclosure process, especially those that have received a Notice of Default, may never be offered for sale. In some cases, homeowners have "deliberately" gone into default as part of a strategy to achieve a loan modification.

More advice...be cautious when pursuing foreclosures. Auctions on the court house steps are the first place that novices stumble. But even when purchasing through an agent, disclosures are limited and contracts tend to heavily favor the bank's interests. Do your risk/reward calculations carefully. And, as ever, please buy and sell real estate responsibly. We're always here to help.

Safety First

For our many Mill Valley-centric clients, friends, and readers (and with apologies to those that aren't), here's a worthwhile read about Mill Valley's approach to disaster preparedness.