Comments on: Santa Rosa Foreclosures – First Time Homebuyers Advice

By: davesonoma

davesonoma — Thu, 04 Jun 2009 21:30:12 +0000

Ashley, I’m sympathetic to your plight. There isn’t a simple answer to take care of buyers in your position. The combination of good interest rates and relatively low prices puts many new buyers in the market and everyone is competing for fewer and fewer available homes. I do think we may see more listings this summer, so all I can do is encourage you to keep doing what you are already working on. It sounds like you have a great agent, so keep working with them until you finally are the successful offeror.

By: Ashley Lambertz

Ashley Lambertz — Thu, 04 Jun 2009 21:24:33 +0000

yes this is true that we need to get these reo’s off the market- they are flying off like hot cakes in santa rosa – we have been looking to buy are first house for under 205k — we have had 10 offers in and they we mostly all 25k over asking – and still we are being beat out by all cash offers and investers! it is not as easy as some would think to get a home – i wish that there was away to help eveyone like us from being beat out by those with nothing to lose -