Talk to CJ

Does it come with the house? How to decide.

CJ Brasiel — Tue, 03 Nov 2009 15:27:52 +0000

As buyers walk through a home it is not uncommon that they fall in love with a certain room or aspect of the home. Maybe it is the dining room and the beautiful chandelier. Maybe it is the basketball hoop in driveway. Maybe it is the six-burner professional grade gas stove in the kitchen. Whatever [...]

Shadow Inventory – Myth Busted by Foreclosure Radar.com

CJ Brasiel — Mon, 19 Oct 2009 00:06:46 +0000

The number of "notices of defaults" (NODs) are climbing and climbing. But the reality is the current home buyer is not the one being able to take advantage of these returned homes.

How’s the Housing Market in Willow Glen – San Jose?

CJ Brasiel — Fri, 09 Oct 2009 02:44:31 +0000

The market barometer that indicates whether or not the Willow Glen area is in a buyer's market or seller's market. Currently, there is only about four months of inventory on hand which would lean toward a seller's market.

Inventory Declines, While Pending Sales Continue to Rise. Where are the REOs?

CJ Brasiel — Fri, 11 Sep 2009 04:21:56 +0000

Inventory of single-family, re-sale homes continued falling in August, and it is now down 59.3% year-over-year. Pending sales, meanwhile, climbed 52.2% from July, and were up 90.7% compared to August 2008. After rising four months in a row, the median price for homes took a breather last month and was down 6.4% from July, a [...]

Is the Real Estate Market in San Jose still a Buyer’s Market? Bottomless Answer.

CJ Brasiel — Fri, 04 Sep 2009 20:55:01 +0000

I have been thinking about this topic for the last two months. Trying to figure out how to get it encapsulated into the shortest blog post as I am constantly being told blog posts should not be too long. It seems impossible to crunch this topic into a quick read, but I am going to [...]

Buying a Short Sale: From a Buyer’s Perspective

CJ Brasiel — Wed, 19 Aug 2009 17:59:46 +0000

I have a friend who is a very intelligent person, highly organized, and very resourceful. He decided to purchase a short sale utilizing the listing agent of the home. He has been kind enough to detail out his experience and has allowed me to share step by step here. His experience is not unlike many [...]

Want to buy an REO in San Jose with a FHA loan?

CJ Brasiel — Sat, 08 Aug 2009 20:54:58 +0000

The San Jose real estate market is changing. Even though the media hasn’t quite got it yet, there are changes that are making it very difficult for first time buyers to take advantage of the market. The first challenge is that there exist a small number of homes for sale. Don’t believe anyone that tells [...]

New Truth and Lending “Reg Z” Requirements May Delay Buying Your Home

CJ Brasiel — Mon, 03 Aug 2009 18:33:40 +0000

I am all for helping the consumer understand the complicated loan process connected to purchasing a home. In that light, I wanted to make sure everyone is aware of the changes to the Regulation Z requirements that went into affect on July 30th, 2009. These changes will definitely inform the consumer about changes in fees [...]

Loan Modifications: Facts and Fiction

CJ Brasiel — Sun, 02 Aug 2009 17:57:39 +0000

If you are considering a loan modification, please take the time to research how they are properly done. There are many scams out there. In fact, the first stop for any home owner considering a loan modification should be the California Department of Real Estate web site where there is a list of loan modification [...]

Defining “AS-IS” when Buying or Selling a Home

CJ Brasiel — Mon, 29 Jun 2009 18:00:43 +0000

The “AS-IS” title has a different meanings to different people. When I speak with buyers and sellers about selling or purchasing a home, they rarely have the same definition of what “AS-IS” means. If you speak with a seller they might believe that by having their real estate agent advertise the home “AS-IS” on the [...]