About me

Tess Downey, REALTOR

Children's Miracle Network Agent
Realtor License #01290306
From the Office of: Green Valley
RE/MAX Gold
 
Address: 
5030 Business Center Drive, Suite 170
Fairfield, CA  94534
 
Direct: 707-592-6755
Office: 707-422-4411
Mobile: 707-592-6755
Fax: 707-864-4112
 
E-Mail:
Website:
Listings: Click Here
Recent Transactions:  Click Here
 
 
Areas Served:   Napa County
Solano County
Specialties: REO - Bank-Owned Properties
Residential
Short Sales
Designations: CDPE
GRI
RDCPro
Tess Downey, REALTOR
Celebrating 16 years in the Business - Experience Counts!

2015: While there are still homeowners needing help with short sales, most of the homes being sold are "regular" sales. I have already helped several of my former clients who went through a short sale years ago with the repurchase of another home. So far, we have not seen the runaway inflation of home pricing as we did to the run-up of 2006 (we were experiencing 25% increased home pricing per year back then). Still, properties for sale in desired areas of Solano County that are in good shape are receiving multiple offers as long as the original list price is competitive and not too aggressive (high). This is truly the best scenario as a seller because you can dictate terms when several buyers want to purchase your home. Some buyers are also willing to pay $$ over the appraised price just to be in first position for the purchase. Buyers know that the interest rates will eventually rise so they want to get locked in to a home as soon as possible.

Short Sales: There are no easy answers and there are still some homes that are "under water". My first bit of advice if you're considering selling your home for less than what you owe (short sell) is to consult with an attorney & a CPA familiar with short sale transactions & the possible ramifications for sellers. I can help you find these professionals with years of experience helping others in this same position. I am a CDPE Trained Agent with extensive short sale experience. A Certified Distressed Property Expert has all the right tools & knowledge to help homeowners prevent foreclosure.

RE/MAX Gold continues to be a powerhouse in the real estate industry. RE/MAX Gold is the second largest brokerage in the country and is under the umbrella of RE/MAX International. RE/MAX is in more than 90 countries worldwide with more than 7,000 offices and a network of over 100,000 sales agents. I am a Proud member of the National Association of Realtors, California Association of Realtors and Women's Council of Realtors. I am a Graduate of the Realtor Institute and hold the GRI designation - only 10% of agents Nationwide can claim they have completed the courses necessary to earn that designation.

**Be sure the agent you choose to work with belongs to the local. state & national boards! Why? Agents who are NOT in good standing (i.e. they have broken our code of ethics or have had too many violations) get "kicked out". Do not use anyone who cannot prove that they belong to these boards.

Most of my business is referrals from former satisfied clients. I would be happy to help you climb aboard my extensive referral network! Call or email today!