Don't meltdown your AC!!

As the summer heats up and the AC is pumping, don't forget to check your filters and change them out every 60-90 days! We saw an unfortunate situation today where the filter was so dirty that it froze the AC and created a major meltdown, flooding the attic space and creating massive leakage from the ceiling to the floor. It was not a fun mess to clean up.

Filters are essential in the battle against germs, bacteria and dust, but they can also prevent air from flowing out if you don't change them out frequently. Once they are clogged, cold air will circulate inside the unit and freeze it like an ice cube. Once the AC shuts off, the ice will melt and create all sorts of problems. At least this is what happened today.

In our busy lives we forget the little things but changing your filters is definitely one to set up on your calendar as a repeat event. Filters super cheap at $4-5 bucks each. By 5 or 10 of them! Trust me! You will save yourself at least $300 and a lot of energy and time!!

Investors looking for a duplex

We are tracking duplex that recently came onto the market. A good investment for anyone looking to live in one unit and rent out the other. Priced at a palatable $839,000.

One 2 bedroom/2bath unit rented for $1400 and one 2 bedroom/1 bath unit renting for $1200 situated on a large 9,690sf lot. Located right off Almaden Road in Willow Glen. For more information please contact me. This may be the one you are looking for.

Short Sale Shananigans

Although you might be getting a good price when purchasing a short sale, don't think it doesn't come with a lot of waiting and headaches. As demand for short sales continues to increase, banks have also gotten smarter. In the past and even now, junior lien holders (ie. the bank that holds a 2nd loan, 3rd etc.) usually walk away from short sales with a nominal amount or just a complete loss on their books. Not the case anymore.

Yesterday, my first time homebuyer was getting his champagne bottle ready when we suddenly received a call that we could not record with the county as the bank holding the 2nd loan on the seller refused to release the lien asking for more money. WHAT!!! Unheard of!!! To top it off, my excited buyers parents are flying in from Chicago to help him move in over the 4th of July weekend only to find out that they may not get the keys!!

Were still not closed and the saga continues...The junior lienholder has just squeezed out an amazing $17,000 dollars out of the senior and now they are telling us that they need 3 days for an approval signature...WHAT!!

Buyers be prepared for anything!