Nicole Machado

Are you even trying to close this deal??
March 5, 2009 · Nicole Machado · 8 Comments

 string_phone1I recently entered escrow on an REO property (Foreclosure) representing the buyers. With any escrow you enter you want to make sure you have your ducks in a row, but when it comes to REO transactions make sure you read the fine print. Some include passive contingencies which mean that if you don’t pull contingencies in writing on the said date written in the contract, they will pull them for you. This runs the risk of potentially forfeiting your client’s good faith deposit, if for some reason you have to end up canceling the transaction. Read more

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Nicole Machado

Mixing Business with Pleasure… does it actually mix?
November 19, 2008 · Nicole Machado · 1 Comment

Have you ever felt obligated to use a family member when it came to a business deal? While most of us have, has it ever left you wondering if that was the best decision? In some cases, it is an ideal circumstance. While in others it may be an uncomfortable situation that you were strong armed into. Read more

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Nicole Machado

The Great Depression, take two?… NOT A GOOD THING…
October 4, 2008 · Nicole Machado · 1 Comment

I usually don’t partake in discussions that revolve around politics, however, after last nights debate and the passing of the “bailout” I feel obligated to do so! Read more

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Jean Joh

What do you get when you cross an FHA Loan with a Short Sale?
August 30, 2008 · Jean Joh · 8 Comments

In my case, a roller coaster ride of emotions ending with a happy client in his new home.  Last week, the escrow was closed successfully on my client’s short sale purchase of a home with an FHA loan.  When the process started, I knew that it might not be easy.  Read more

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