OLA Fun Faire 2009 – “Ireland By The Bay”

Hey Readers,

The parents of Our Lady of Angeles in Burlingame are working extremely hard to bring you a fantastic annual Fun Faire coming September 18th & 19th (Friday & Saturday). This year the theme will be, “Ireland By The Bay”. So far, Irish eyes are smiling at the fun and exciting new rides, games, and auction items we are putting together.

Have you made everyone “Green With Envy” by getting your hands on one of our fabulous limited Fun Faire T-Shirts? If not, please contact Debbie Way at 650-558-8160, and remember be sure to be spotted over the summer wearing your T-Shirt to help promote our fun faire and be the winner of a FREE SPIN COUPON!

The most exciting part of the Faire is always the raffle and remember 100% of the funds that we raise goes directly back into the school and greatly benefits all of the OLA children.

If you would like to order raffle tickets, feel free to give me (Lisa Karson) a call at: (650) 759-4644.

Remember, like Ireland we’re going green so check out the website. www.olaschoolk8.org for all of the latest information and any additional order forms you may need.

Go Raibh Mile Math Agat !!! (“Thank you” in Gaelic)

- Lisa Karson

High Pending – Low Closed. Why?

The number of Active listings continues to be higher at this time than the three previous years, however, lower than last Sunday.
 
Pending Sales are higher at this time than the previous three years continuing the trend of the past few months.  I do believe that this number is attributable to higher sales volume, but is skewed by the longer time escrows are taking to close due to lender-related issues.  I expect the lender-related delays to increase in light of the new required disclosures as of July 30.  Escrow periods will be longer.  While 30-day escrows are still somewhat possible, 45-day escrow periods are more realistic.  Sellers, Buyers and Agents should base their expectations on the more realistic number to avoid unnecessary stress.
 
July Closed Escrows are lower than previous 3 years and, again, I believe attributable in most part to lender-related delays.  There also appears (not verified) to be a higher number of transactions falling apart.  From my experience and networking with other real estate agents and managers they stem from:

1.) Properties not appraising at purchase price (likely result of the new HVCC and out of area appraisers)

2.) Buyers trying to negotiate unrealistic repairs or credits based upon due dilligence inspections and believing the market is worse than it is

3.) Sellers, believing the market is better than it is,  not willing to accept realistic repairs or credits requested by Buyers

4.) Buyers not qualifying for loans due to last-minute requirements by lenders not related to appraisals

5.) Buyers remorse. Possibly influenced by the media or other sources that the market has not hit bottom and they possibly paid too much.

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Who Has The Best Pizza on The SF Peninsula?

We thought it would be fun to mix it up a bit here at TeamTapper.com. So we added out first vote-off / poll! We want you (our readers) to let us know who has the Best Pizza on The Peninsula! After you vote let us know what type of pizza, why you like it, other things you like there, etc. If you like a pizza company that isn’t listed – let us know and we will add it. Good luck to all the local pizzarias! Please only vote once! Voting ends August 31st, 2009.