Sunil Sethi Real Estate Team

A friend of mine in the mortgage business introduced me to a REALTOR they had worked with Sunil Sethi, and though I had an Uncle in the business, I wanted to work with someone with experience in my neighborhood, and someone who understood the real estate, tax and legal implications of a short sale. Prior to contacting Sunil, I had already had many conversations with my lenders to discuss loan modifications. Wells Fargo was just giving me the run-around.

I met with Sunil, to discuss doing a short sale of my home in Hayward, CA in the Eden Shores community. Immediately I felt comfortable that he would be able to rid me of this property with the least financial impact to me. This is was an investment property for me, but unfortunately, both my wife and I lost our jobs, and our renter trashed the placed, and made the place unrentable without major renovation expenditures, which we didn’t have the cash for. We were forced to sell. However, because the home was worth less than the debt on it, I knew it would be complicated and involve tax, and future liability issues.

Sunil discussed, the options available to us, and we eventually chose to attempt a short sale. There were two lenders involved and even though both loans were being serviced by Wells Fargo, Sunil explained that each loan was owned by separate investors. In our case, he had to negotiate with 2 different negotiators.

It took a lot of work to get the negotiators to agree on a sales price, and to keep the buyer patient and to complete the transaction. Sunil did not give up, and worked through each problem, until he got all sides to agree. I highly recommend Sunil Sethi, at Show and Sell Realty, in Fremont, CA. He did an outstanding job, in getting the me a full release of from the banks. His background as a tax CPA and MBA, really helped. I haven’t met anyone else like him.

Sunil Sethi / Associate Broker, REALTOR, MBA, CPA / Show and Sell Realty
38350 Fremont Blvd. #202 / Fremont, CA 94536
Office 510 793 8600

Sunil sold our rental property in Jan '08. At the time, we were unsure about the process of selling a rental property. Our property was in a terrible shape because of our previous occupant and we were not sure if we could ever sell it at this market.

But Sunil worked with us to fix everything from floor to ceiling. He even recommended the contractor we went with (who was also extremely helpful and cheap). Once the renovation was complete, he was able to sell the property within a month. Sunil is intelligent, knows the market well, and most importantly to me trustworthy!

We were unsure on what we wanted to do with our rental property. Sunil met with and me and my husband and helped us run the numbers to compare: 1) the income from keeping it, to 2.) selling it, and doing a 1031 tax-free exchange and buying another one elsewhere, or 3.) simply selling and keeping the proceeds and paying the tax.

We considered the tax implications of all outcomes. It helps that he was full time practicing CPA in his former life. We sold almost 2 years ago, and it was a tough selling environment, but he told us exactly what we need to do to get the home sold (repairs, pricing, marketing, disclosures…). The home had been a rental property for the last 15 years, and needed a lot of work. Sunil recommend tradesman to get the work done, efficiently. He was very involved through the process, always looking out for my bottom line and market appeal. He was spot-on with the pricing; the house received multiple bids and sold quickly. Once the buyer’s contingencies were removed we started work on finding the replacement property. Within 60 days we had identified and closed on a far superior replacement property in Temecula, CA. Sunil Sethi is a very professional, friendly, intelligent person. He did an outstanding job and we highly recommend him.

Meenu & Todd