Archives of real estate blog entries for March 1, 2009 (Page 3)

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THE RESIDENT CHEF'S ST CLOUD, FLORIDA BANK OWNED PROPERTIES - 01:11 AM
 

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Bank Owned Properties in Kissimmee, Florida Brought to You By The Resident Chef - 01:43 PM
There Are 452 Bank Owned Properties in Kissimmee, Florida. Many are below $100,000. Here at The Resident Team we specialize in helping buyers purchase these homes at a great price. If you are in the market for the sale of a life time, contact us so that we can help you make affordable home ownership a reality.
Below, you will find a link to the MLS listings of the bank owned properties in Kissimmee, Florida that you were interested in. If we can be of more service please contact us! Email us at: residentteam@kw.com or Call: 407-301-0312   
 
 
To vist The … (0 comments)

Bank Owned Properties in Saint Cloud, Florida Brought to You By The Resident Chef - 01:47 PM
There Are 69 Bank Owned Properties in Saint Cloud, Florida. Many are below $100,000. Here at The Resident Team we specialize in helping buyers purchase these homes at a great price. If you are in the market for the sale of a life time, contact us so that we can help you make affordable home ownership a reality.
Below, you will find a link to the MLS listings of the bank owned properties in Saint Cloud, Florida that you were interested in. If we can be of more service please contact us! Email us at: residentteam@kw.com or Call: 407-301-0312   
 
 
To vist … (0 comments)

Home Buyer Tax Credit gets an upgrade - 08:46 PM
Home Buyer Tax Credit gets an upgrade
In an effort to boost the economy and jumpstart real estate sales, Congress recently enacted a bigger and better tax credit of up to $8,000 for qualified first-time home buyers purchasing a principal residence on or after Jan. 1, 2009 and before Dec. 1, 2009.
 This tax credit is $500 higher than the home buying incentive that was included in the legislation passed last summer and it does not have to be repaid.
 To learn more about the tax credit go the National Association of Home Builders Website located here.
 
Let the … (0 comments)

Short Sales Offer Solution for Metro Detroit Home Sellers - 10:32 AM
Unfortunately, the number of people who owe more than their house is worth is increasing in Metro Detroit. If you are staying in your house, you don't have a pressing issue, though the new housing bill that is coming out on March 4th may provide you with some relief. More on that later when the details come out.
If you have to sell your home now, and you are upside down, there are some things you should know. Some people have the cash to bring to closing when they owe more than it they'll net at close. Most simply don't.
One … (3 comments)

PROOF POSITIVE THAT BANKS DON'T REALLY WANT TO SELL SHORT SALES - OR DON'T KNOW HOW. - 10:28 AM
                                              * * * * WHAT ARE THEY THINKING? * * * *
THE COMMENT IN THE AGENT'S REMARKS BELOW are an example of why many Short Sales will never sell.  I wonder if the listing agent has advised the seller of the likelihood that the home will not sell by Short Sale and will most likely go to foreclosure. 
REMARKS [Incuded in Agent and Public Remarks]
[LARGE NATIONAL BANK WHICH PURCHASED A LARGE NATIONAL MORTGAGE COMPANY] SHORT SALE will not allow Seller Contribution to Buyer!
The listing is for a small single family detached home in Frederick County, Maryland … (32 comments)

MOVING THE SHORT SALE DISCUSSION UP A NOTCH. ARE THERE ANTI-TRUST IMPLICATIONS? - 05:27 PM
Katerina Gasset ponders the possibility of banks being in violation of anti-trust laws if they conspire between each other to keep broker fees for short sale listings to a specific commission amount.  (Notice no specific commission amount or percentage is stated herein). 
WHAT A FASCINATING QUESTION.
Katerina.  HA!  I don't know a lot about anything.  I know a little bit about a lot.  I'm not an expert about anything.  I am, OTOH, a wealth of trivia due to my lifelong fascination with research. 
That said, I would guess that by conspiring to keep real estate commissions low, it if could be shown … (52 comments)

Hiring a Bad Home Inspector in a State With No Regulations... - 03:42 PM

Recently, a client called me and asked if I could do an inspection over 3 hours away in Eastern Washington State.  Some will think that this is an usual request.  Actually, I have done many inspections in Wenatchee, Yakima, the Tri Cities, etc.  Usually the client's are relocating and are uncomfortable with the home inspectors available on the "East Side", and I have even done inspections when the client purchasing the home had an inspection that they were unhappy with so before they purchase the home they call in the "Special Unit".  This inspection in Eastern Washington was an example … (0 comments)

Further Things the "Home Inspector" Missed.... - 03:50 PM

As discussed in my last post, I did the second inspection on a house in less than a week.  The client was very unhappy with the first inspection.  To be honest, I didn't really expect to find many different things than the original home inspector found, but I knew that the client would like my report better (the original one was hand written, etc.). 
Well, as noted in the last post, I was wrong: I did find many problems that were in the "light of day" that the other inspector didn't find.
In this picture (above) you will note a problem … (0 comments)

Alamo California Real Estate Market Update Including the February 2009 Median Home Price in Alamo CA - 03:19 PM
The February 2009 median home price in Alamo CA was $1,120,000 for single family detached homes.* There were 4 home sales of single family detached homes, the highest priced home sold for $1,245,000, the lowest price home sold for $575,000. The average selling price of detached single family homes for February 2009 in Alamo California was $1,015,000 after an average of 188 days on the market. Your Alamo California real estate market update written March 1st, 2009.
 
 
 
Details on the listing at 1496 Pine Tree Lane in Alamo that sold for $575,000 after 96 days on the market:
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Danville CA Real Estate – Homes for Sale in Danville CA – Market Snapshot for Bettencourt Ranch in Danville CA March 1st, 2009 - 03:25 PM
Market Snapshot for Bettencourt Ranch in Danville CA including homes for sale in Bettencourt Ranch in Danville CA March 1st, 2009* -  There are currently 5 detached single family homes for sale in Bettencourt Ranch of Danville CA. All are spacious single family homes with a reported 2,436 to 3,488 square feet of living space.  All offev4 bedrooms and 3 bathrooms and are priced at from $829,000 to $968,500. The median listing price in Bettencourt Ranch on March 1st, 2009 is $879,950. Bettencourt Ranch is a desirable neighborhood and has some of the best homes for sale in Danville CA. Danville … (0 comments)

Blackhawk CA Real Estate – Homes for Sale in Blackhawk – Blackhawk Real Estate Market Snapshot March 1st, 2009 - 03:30 PM
Blackhawk Real Estate Market Snapshot for March 1st, 2009, including homes for sale in Blackhawk* - Blackhawk is a desirable neighborhood and has some of the best homes for sale in the East Bay area. Blackhawk CA real estate sales are on the increase. Two detached single family homes for sale in Blackhawk sold during the month of February 2009. Additional details on these home sales follows.
Details on the listing at 3659 Deer Trail Drive in Blackhawk that sold for $950,000 after 291 days on the market:
 
Details on the listing at 2987 Deer Meadow Drive in Blackhawk that … (0 comments)

Homes for Sale in San Ramon CA – Market Snapshot for Homes for Sale in Bridges in San Ramon CA March 1st, 2009 - 03:35 PM
Market Snapshot for Homes for Sale in The Bridges in San Ramon CA March 1st, 2009* - There are currently 7 single family homes pending sale (or under contingency contract) with a median price of $1,050,000 although the listed prices range from $954,000 to $1,754,000. The Bridges is a desirable neighborhood and has some of the best homes for sale in San Ramon CA. San Ramon CA real estate sales are on the increase.
Golfers, call to see the wonderful selection of resale homes for sale in Bridges that are convenient to multiple local golf courses, including the The Bridges … (0 comments)

Concord California Real Estate Market Update Including the February 2009 Median Home Price in Concord CA - 03:40 PM
The February 2009 median home price in Concord CA was $240,000 for single family detached homes*. There were 67 home sales of single family detached homes, the highest priced home sold for $680,000, the lowest price home sold for $115,000. The average selling price of detached single family homes for February 2009 in Concord California was $281,055. The homes that sold during February 2009 in Concord CA were on the market an average of 52 days. Your Concord California real estate market update was written March 1st, 2009.
Details on the listing at 1674 La Bonita Way that sold for $115,000 … (0 comments)

Danville California Real Estate Market Update Including the February 2009 Median Home Price in Danville CA - 03:47 PM
The February 2009 median home price in Danville CA was $915,000 for single family detached homes*. There were 11home sales of single family detached homes, the highest priced home sold for $2,250,000, the lowest price home sold for $550,000. The average selling price of detached single family homes for February 2009 in Danville California was $1,019,533. These homes were on the market an average of 82 days. Your Danville California real estate market update was written March 1, 2009. See below for information on single family homes sold on the low and high end:
 
 
Home Sales volume and home … (0 comments)

San Ramon CA Real Estate – Homes for Sale in Deerwood Highlands in San Ramon – Deerwood Highlands Market Snapshot March 1st, 2009 - 03:51 PM
Deerwood Highlands Market Snapshot March 1st, 2009* - No homes sold in Deerwood Highlands during February 2009. Nine detached single family homes for sale in Deerwood Highlands sold during 2008. The median price of homes in Deerwood Highlands sold in 2008 is $728,000. The most recent sale was at 407 Deerhill  Drive and the selling price was $700,000. Details follow:


 Deerwood Highlands is a desirable neighborhood and has some of the best homes for sale in San Ramon CA. San Ramon CA real estate sales are on the increase. The Deerwood Highlands community is conveniently located near shopping.  Families … (0 comments)

Dublin California Real Estate Market Update Including the February 2009 Median Home Price in Dublin CA - 04:04 PM
The February 2009 median home price in Dublin CA was $507,500 for single family detached homes*. There were 10 home sales of single family detached homes in Dublin CA, the highest priced home sold for $775,000, the lowest price home sold for $394,000. The average selling price of detached single family homes for February 2009 in Dublin California was $549,900 after spending an average of 67 days on the market. Your Dublin California real estate market update was written March 2, 2009. See below for information on single family homes sold on the low and high end.
 
 
Home Sales … (0 comments)

Walnut Creek California Real Estate Market Update Including the February 2009 Median Home Prices for Walnut Creek CA - 06:33 PM
The February 2009 median home price in Walnut Creek CA was $685,000 for single family detached homes.* There were 12 home sales of single family detached homes, the highest priced home sold for $1,250,000, the lowest price home sold for $255,000 (described in the MLS as "Contractor Opportunity. Framing done ready to be completed.  Located on a large lot with a lot of potential. For owner occuppied possible FHA 203K financing.  More than a Fixer upper.". The average selling price of detached single family homes for February 2009 in Walnut Creek California was $689,458. These homes were on the market an … (0 comments)

San Ramon California Real Estate Market Update Including the February 2009 Median Home Price in San Ramon CA - 06:39 PM
The February 2009 median home price in San Ramon CA was $690,000 for single family detached homes*. There were 32 home sales of single family detached homes in San Ramon CA, the highest priced home sold for $1,695,000 (in the Bridges),  the lowest price home sold for $451,000. The average selling price of detached single family homes for February 2009 in San Ramon California was $739,969. Your San Ramon California real estate market update written March 1st, 2009. These homes were on the market an average of 69 days. See below for information on single family homes sold on the low … (0 comments)

Rossmoor in Walnut Creek California Real Estate Market Update Including the February 2009 Median Home Price in Rossmoor of Walnut Creek CA - 06:41 PM
The February 2009 the median home price in Rossmoor of Walnut Creek was $238,000 for attached homes including duets, condos and town houses*. There were 22 attached units sold, the highest priced unit sold for $675,750, and the lowest price unit sold for $90,000. The average selling price of attached homes for February 2009 in Rossmoor of Walnut Creek California was $275,102 after being on the market an average of 99 days. Your Rossmoor in Walnut Creek CA real estate market update was written March 1st, 2009. See below for information on attached homes sold on the low and high end:
… (0 comments)

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