Gail Boal

Livermore is doing everything right. Looks like the city planners definitely have nailed this one. We meet with friends for dinner at the new Fondue restaurant downtown. I will admit it has been years since I had dinner downtown, but what a change! I mean that in all sincerity. Downtown Livermore development is working, I love the fact that it still has the old town charms with new restaurants gaining foothold. The boutiques are wonderful and it is looking like Livermore has it all. I definitely love the idea of getting out of my car and walking, especially if it also involves shopping.

Yes Livermore is happening. I even hear that a new dance studio is coming to downtown Livermore. What? Salsa dance lessons in downtown Livermore? A downtown for years was home to a couple of rock-country western bars and several restaurants. Yes it’s true, soon you can learn Salsa, the hot new Latin dance in Livermore. For years, dining in downtown Livermore was limited, but all that has changed. Livermore is a town rising from its cherished past, mixing chic and country living just down the 580. Livermore for years has had world class wineries and now a new chic downtown!

So if you have not seen her lately, Livermore that is. You owe yourself the trip. Livermore is rising!

~Gail My Site

Perspicuity, I was introduced to this word again while helping my 16 year old preparing for a vocabulary test. Perspicuity – means - plain speaking; exactness. I had one of the most memorable moments of my career last weekend while showing homes. First a little back-ground on my clients: They are first time buyers and I have been working with this couple for over a year. I’ll bet we must have looked at 50 – 75 homes - made a couple of offers, countless emails and phone calls back and forth but nothing really worked. So last Saturday, we all embarked on our mission of looking at several new homes on the market with the attitude of, “Okay let’s have a look.” The second house we looked at – well, it was something… its hard to really describe the feeling… but everything lined up perfectly at that particular moment in time. Opening the front door, we were greeted by a sense of welcoming.. i.e. a bright warm welcoming home!! Everything seemed to fit. The home was in excellent condition, bright and cheery. The home was also in an area we were targeting. I glanced at my clients and before I could utter a word.... I knew as well as they, we have found THE home and their search was over. This was it!!! This is what they have been looking for twelve months. So on a cloudy, rainy, Groundhog-day in 2008, Punxsutawney Phil be damned, persistence and perseverance turned that rainy, cloudy day into a memory my clients and I will always remember.. OK the word, perspicuity – lots of that during the negotiating phase. Long story short, my clients will be moving shortly and they couldn’t be happier. The Sellers are excited that their home is in escrow with well-qualified, motivated Buyers.

~Gail My Site

Can I sell my house if I have no equity? In short, the answer is yes? The property could be located in Ruby Hill, Golden Eagle, Blackhawk, The Preserve, Alamo, San Ramon, Castlewood, Danville, Livermore or Dublin. The events are the same regardless of location. If a home owner is upside-down on his/her mortgage, i.e. the home is worth less than what is owed and behind in payments, an alternative exists. A person in this situation has two choices, sell short the property or let the bank foreclose. Why go through the effort of selling your home, you might ask? To save your credit!! Having a short sale noted on your credit report, looks better to creditors than a foreclosure. A short sale note on the credit report says to the lender, you went through the effort whereas the foreclosure indicates less effort.

A short sale requires a different skill set from your realtor. A real estate agent, trained in short sale transactions, can list your home on the commercial market, price it accordingly and negotiate directly with the lender to accept a purchase offer for less than the principle, interest and impound account balance(s) due. It’s vital that you cooperate fully with your agent, because he/she is working in your best interest to get the lender to release the mortgage at a discount. If your home is in pre-foreclosure status. i.e. lender has already filed a N.O.D (notice of default) on your house. Now is the time to act.

This “do-nothing” mentality is a costly mistake that damages both consumer credit scores and borrower personal integrity. A “foreclosure” status on a credit report is far worse than a bankruptcy.

Won’t you please call me and lets discuss your options

~Gail

If you are looking for a home in the Tri-valley area of Pleasanton, Ruby Hill, San Ramon, and Danville, CA. There is gold in them thar hills!!! I have discovered some fantastic deals. Homes selling for discounts that were unheard of. six to ten months ago. Why? Distressed sellers for one reason or another are looking for relief of their financial crisis. No one likes to hear these stories –sub prime - sub prime - but it is a market reality. Homes are selling for less than what is owed on them. In some cases, at a rather large discount. These homes are being sold short. i.e. a Short-Sale. I remember a line my mother always use to tell me and my siblings. “Kids, it never hurts to ask!” If you are a Buyer looking for an investment property or home in Ruby Hill, Golden Eagle, Livermore, Pleasanton, San Ramon, or Danville – ask!! Or let me ask for you. Lately, I have been talking bankers and lenders, homes are moving. I'm putting deals together. Like the ‘49ers seeking fortune in the Gold Rush Days, now is the time to move - I believe we have a rather short window in which to stake your claim. Let me walk the hills with you, my map is current!!

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Short Sale – What is it? Definition of a Short Sale: A lender agrees to accept less than what is owed on a debt. E.g. If a borrower owes $100,000 on a mortgage and is in default. The lender may be willing to accept $70,000 for full payment of the $100000 mortgage. In short, the lender saves money by accepting less money now compared to possibly losing money, holding onto the property and going through a full foreclosure cycle. My Site