2Bd 2Ba Wow! Honey.. Dont stop the car! Get to the lender for a pre-approval!

Two level unit in well located complex. Newer carpet and appliances. Easy access, looks over quiet, private common area.

Washer/dryer combo and refrigerator included.

Rohnert Park Ca Short Sale Search Here for Short Sales above 600K

Exterior Wood Siding Fee Includes External Bldg. Maint, Garbage, Grounds Maint, Roof Finance Terms Other Heat/Cool Central Heat Kitchen Cooktop Stove, Dishwasher Incl., Refrigerator Incl. Laundry/Appliance W/D Stacked Incl Lot Description Other Main Level Bath(s), Bedroom(s) Other Rooms None Other Structures None Possession Other Pool Type Comm Facility, In Ground #Garage Spaces 0 #Carport Spaces 1 #Off Street Spaces 1 Sale Conditions Notice Of Def, Short Sale Sewer/Septic Sewer Public Style Contemporary Upper Level Bath(s), Bedroom(s), Loft Utilities Internet Available, PG&E Water Source Water Public

Wow.. had a tough day in the Sonoma County Real Estate Market today. 4 offers rejected and two of the offers were conforming loans. Two of the offers were a little low ball and didnt have much faith in.. but the other 2 I thought were solid. Back to the drawing board. 2 of the clients have just started looking after waiting and watching for a while so like all my buyers they need to test the waters. Even after a 40-50% Sonoma County Home Value decline some home buyers start off wanting to offer less when the range they are buying in has stiff competion.

On the flip side I had one of my short sale listing with offer accepted and now we wait. : )

Search the Sonoma County MLS here

FYI  Some search terms I'm seeing in my RE Web stats have to do with credit repair.. start optimizing for the inevitable.

Reuters this morning picks up mention of a story by iMarketNews.com writer Steven Beckner saying the U.S. Federal Reserve may re-enter the market for mortgage-backed securities after its planned exit at the end of the first quarter. The Fed has had a program in place to support the $5 trillion market with purchase of $1.25 trillion worth of the securitized loans, which as kept mortgage rates low. Beckner writes the Fed is prepared to “contemplate changes … depending on conditions in the economy,” Reuters quotes. Beckner quotes “people in the know” (love it) as saying MBS purchase is one option on the table.