Rosa Chang – Real Estate Agent / Broker
FIND YOUR BRENTWOOD & OAKLEY HOMES!
Whether you are buying or selling, let me put my expertise & 26 years experience to work for you. My goal is to help YOU feel comfortable about making sound real estate investment decisions. Please call Rosa 510-468-4593 TODAY for a FREE consultation!
In the current competitive market, in order to capitalize on these great deals, I can provide you with EXPERT advice on pricing & negotiating along with the quick response you will need to win the home of your dreams. I will be your real estate partner with BANK OWNED, SHORT SALE OR A TRADITIONAL SALE homes. I handle it ALL!
4625 La Vista Dr. Oakley
This IMMACULATE home in Oakley has it all! Lovely single story home with open floor plan, vaulted ceiling, remodeled kitchen with GRANITE counter tops and stylish remodeled bathrooms, dual pane windows, inside laundry, 4th bedroom currently used as a master retreat/sitting room, two car garage, large backyard perfect for entertaining!
A MUST SEE. Will NOT last!! Please call Rosa at 510-468-4593 for private showing!
A: Sellers are looking for “most” qualified buyers to accept their offer. Sellers do not want to waste their valuable time for unqualified buyers. You maybe are competing with other “qualified” buyers for the same property.
Q: Why do I need to provide “bank statements” when my agent is ready to present my offer?
A: If you are competing with other buyers and the other buyers’ agent did not provide their buyers’ bank statements to prove their buyers do indeed have the liquid funds ready to close the deal. Your offer will stand out and most likely will be the chosen one.
Q: Why do I have to provide earnest money deposit (EMD) at time of writing my offer?
A: You want to convince the seller that your offer is a SERIOUS offer. You will need to put the “ balance” of your deposit into escrow anyway once your offer is accepted . Why don’t you show the seller you are putting 3% of the offering price right at the beginning NOT just minimal $500 or $1000 which is not even 1% of your offering price say on a $250,000 price of property. If seller is chosen between a LOW EMD and HIGH EMD supposedly all others price & terms are similar. Your offer will Stand out in seller’s eyes when making accepting offer.
Q: I really like THIS Short Sale home, should I even consider Short Sale properties?
A: It all depends. If the listing agent has the proper training and knows how to work with qualified sellers and buyer’s agent knows “how to”, You should consider if you really like the home. I have seen properties get foreclosed on after months and year of all parties’ hard work. Know the “HOW TO” is the KEY to a successful Short Sale close.
Q: Can I put offers on more than ONE Short Sale Properties?
A: No, it is like you are “engaged” with your “future” husband or wife”, you are not supposed to “look around” and trying to find another person to “date” for perhaps to find a better fit. Unless your offer got REJECTED or COUNTERED with the price or terms NOT acceptable to you. Then you may cancel this deal and put offer on another property. You as buyers, you need to be “committed” and have patience to wait for sellers’ short sale lender gives you their answer.
Q: What does “Per Diem” mean in a REO (Bank Owned) sale?
A: “Bank owned” or “REO” sale property as they are often referred to, you may see verbiage like “per diem penalty” in Banks Addendum to the Real Estate Purchase contract. “Per Diem” in Latin is for “per day”. What per diem is referring to in this instance is in the event escrow does NOT close by the date set forth in the contract, the seller can impose a daily penalty to the buyer for each day beyond the initial agreed upon closing date until the day the escrow officially closes.
Q: What if “per diem” verbiage is in buyer’s contract?
A: One way a buyer can do is to strive to close escrow on time and avoid penalties is to complete escrow and mortgage paper work and provide requested documents in a timely manner. However, circumstances may still arise that are beyond the buyer’s control. In this event, a buyer should ask their agent to renegotiate the terms of the contract to extend the closing date or to waive the penalty with the seller and seller’s agent. In REO transaction, as with any real estate transaction, it is very important to be sensitive to all time frames in order to alleviate unnecessary charges.
A short sale is the Sale of a home where the homeowner owes the bank more than what their house is worth and they
need to sell.
For Example: You owe $500,000 on your home, however your home is only worth $300,000 in today’s market. If the correct
steps are followed it can be negotiated with your bank to settle your debt, thus allowing you to sell your home at market
value of $300,000 and your bank will forgive the $200,000 difference. Current loan restrictions allow you to buy
a home in 2 to 3 years after your Short Sale closes.
Common Reasons for a Short Sale:
- Financial hardship with a decrease in your income
- Getting sick or loss of job
- Falling behind on your payments and you're not sure if you can catch up
- Moving and must sell fast and home is worth less than you owe
If you are facing any of the situations above, please call Rosa at 510-468-4593 for a FREE private consultation.
* If you decide that selling is to your best interest, and we will list your home, fill out some paper work to get you started and we will give you a list of items that you will need to provide to your bank(s).
* We then will put your house on the market to find a buyer to purchase your home, much like a regular sale.
* Once a buyer is chosen we lock them in to contract, it is very important that when the banks approve the offer the buyers are still there, if the banks think they will make more money on the “short sale” they will not foreclose.
In addition to speaking English, Rosa is fluent in Mandarin and Cantonese Chinese. She will hold your hand through out the entire selling or buying process. Her dedication to your successful investing is a great benefit to you whether buying for investment or home ownership.
Since the real estate market melt down, Rosa believes that it is a great time to buy as first time buyers or to add to your investment portfolio while the interest rate is still at its historic low.
Rosa has extensive local real estate market knowledge of Brentwood, Antioch, Oakley and Discovery Bay to assist you in making wise investment decisions. She bought property herself in Brentwood and loves it. Brentwood is known for its great schools and has been named "Playful City" for the last 5 years!
She was awarded the Certified Residential Specialist Designation (CRS). The CRS is the highest Designation awarded to sales associates in the residential sales field. The CRS Designation recognizes professional accomplishments in both experience and education. Only 5% of the agents in the U.S.A. hold this prestigious designation. She also holds "Realtor of the Year" title for 1998.
Rosa has partnered with a local leasing company who will assist investors with finding their tenants and maintenance crews to prepare their investment properties for rent. She also works with direct lenders helping buyers save time and frustration by getting pre-approved.
99% of Rosa's business comes from her past clients and referrals. She knows the business in and out. If you are looking for someone with honesty, integrity and knowledge, please call Rosa Chang at her cell 510-468-4593 or leave her a message at 925-513-7588.