Realtor Dale Warfel

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Wednesday, February 10, 2010

Troubled Times for Real Estate

Mortgage defaults have reached a 20 year high. The fallout is a transfer of ownership of real estate assets. Borrowers and owners have now had to relinquish title deeds in favor of lenders and investors. Real estate capital providers are mystified, frantically searching for a painless exit strategy from real estate investments that have turned sour. The problem has worsened since lenders possess property ownership expertise. Many are seeking to outsource the function of real estate management to real estate professionals. This opens a Pandora’s Box for experienced real estate professionals to offer their expertise on management of REO properties.

A Dedicated Bay Area Realtor

Despite the vagaries of the real estate market and the new opportunities that have opened, Dale Warfel, an experienced real estate professional, has confined his activities to buying and selling properties in San Jose neighborhoods. He has been in the business for over 13 years now and has witnessed a property boom in 2006 and the present low. He offers his substantial expertise to prospective home buyers, not merely in finding a suitable home but also in seeking an affordable mortgage. Dale Warfel is fully conversant with prevailing California real estate laws. With his experience he is able to correctly assess a fair value of a property in a particular neighborhood, given the depressed economic environment.

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