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FEATURED PROPERTY! OPEN HOUSE @ 668 Loreli Lane, Patterson, CA! April 27 From 1-3pm! Location: Patterson, CaWant instant equity? Excellent opportunity to purchase this 3 bedroom Patterson, CA home for under market value in good condition. Perfect opportunity for 1st time home buyer or wholesale investor. Seller wants offer today! The newly painted ranch style 3-bed2bath home is move in condition. Family & living room combowith hrwd floors, carpet and frpl, 1 level, 2 car garage, redwood deck and built in BBQ pit in backyard with storage she is located in a quiet well-maintained neighborhood. Contact listing agents for showing instructions.
Information Contact Information D'Adrea Davie/Rosemary Brooks 866-543-0461 Pricing Asking Price: $174,900.00 Flexibility: Negotiable Additional Pricing Information: Bank owned property! 3% commission Property Location 668 Loreli Lane
Patterson, Ca 95363
Features Bedrooms: 3 Bathrooms: 2 Parking: concrete Year Built: 1988 Lot Size: 1503 Garage Size: 2 car garage School District: Patterson Joint Square Footage: 5663 Agent Name: DAdrea/Rosemary Broker: Family Realty Group MLS #: 80026703 |
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| DAdrea Davie | Family Realty Group | 866-750-8282 |
1236 Occidental Ave #2, Stockton, CA | | Price Reduction by $20,000! Now $60,000!Great deal on this 2 Bedroom, 1 Bath, 2 story condo. Move in & put your TLC touches on it! | | | 2 Bdrm Condo | | offered at $60,000 | | Year Built | 1970 | | Sq Footage | 848 | | Bedrooms | 2 | | Bathrooms | 1 full, 0 partial | | Floors | 2 | | Parking | 1 Car garage | | Lot Size | 1 sqft | | HOA/Maint | $170 per month |
DESCRIPTION
Great deal for First-Time Home buyer or Investor! 2 bedroom, 1 bath, 2 story cozy condo. Needs a little TLC! Kitchen looks into dinning and living room. Breakfast Bar. Bedrooms and bathroom are located upstairs. Single garage. Across the street from a huge park and quick acess to HWY 5. Short Sale Available upon Lender's Approval! Don't let this great opportunity pass by! Contact listing agent for showing instructions!
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| COMMUNITY FEATURES
 Garage parking |
Playground |
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| Seller contact info: |  |
DAdrea Davie |
Family Realty Group |
866-750-8282 |
For sale by agent/broker | |
| | | | | | | Posted: Apr 1, 2008, 12:56pm PDT | |
| DAdrea Davie | Family Realty Group | 866-750-8282 |
12131 Kadota Ave, Waterford, CA | | Fixer's Delight! Home Has Great Potential! Most Affordable Home in Area! | | | 3 Bdrm Single Family House | | offered at $140,500 | | Year Built | 1991 | | Sq Footage | 1,092 | | Bedrooms | 3 | | Bathrooms | 2 full, 0 partial | | Floors | 1 | | Parking | 2 Car garage | | Lot Size | 5,663 sqft | | HOA/Maint | $0 per month |
DESCRIPTION
| Want instant equity? Seller says fax your offer! Excellent sweat equity opportunity for investor or first time home buyer. This 3 bedroom 1.5 bath Waterford home is priced below market value! Fax your offer. Great space for a first-time homebuyer or investor! Contact agents for showing instructions. | | | | see additional photos below | | | | | | |
| Seller contact info: | |
DAdrea Davie |
Family Realty Group |
866-750-8282 |
For sale by agent/broker | |
| | | | | | | Posted: Mar 26, 2008, 7:01am PDT | |
Ever since I started working with Real Estate, I've been itching to work with REO properties and now that I am working with them...I am happy because I am learning something new everyday. On March 14th, my mother (Rosemary) and I went to our first Bank Owned property. Our assignment was to issue a letter stating that we would offer cash for keys. At first, it didn't seem to phase us because we were happy to get the property and have a task to do with it.
Once we got to the property, we started to strategize. I told her Ill take the pictures and you knock on the door to talk to the owner's!! I told her I had her back!! Although, I don't know what I was going to do with heels on and a camera in my hand...but I did have her back! Luckily, as we pulled up we saw someone leave the property, I asked, "if he was the owner." He told me, "no, but the owner would be home shortly" and went in the house two doors down. 
Not even 2 minutes later, one of the owners walked up (as I was taking outside pictures) and stated she was the owner. My mother proceeded to inform her that this is a bank owned property and we wanted to offer her cash-for-keys. The owner was receptive and seemed to have detached herself from the property and told my mother that she was interested, would contact her husband and then get the information we needed back to us in the allotted time period.
My mother felt so bad to relay this message to her, but the owner understood and ended up consoling my mother. Telling her,"it'll be okay and she'll be okay."
Not even two weeks later, the owner had the inside of the house clean and the backyard cleared. We now have several properties that are Bank Owned and we are busier than ever just learning about the process. I am excited about getting my hands wet! We are also blessed to have a Broker and associates who understand this process and help us understand the ins and outs of listing and selling REO properties. We also have access to REO properties that have not been listed yet throughout Northern California!
Mother & Daughter Realty Team Properties
 The truth of the matter is your down payment effects everything and it says a lot about the potential buyer. The down payment is the difference between the purchase price and the mortgaged amount. Lenders recognize the importance of the size of the down payment. As the down payment increases, the lender's risk decreases. The size of the down payment is one of the most important factors in determines whether a loan will be approved. With large down payments there is less need to worry about the borrower's qualifications. Few borrowers are willing to allow a loan to default and lose a large equity. If a buyer purchases a home at $150,000 and made a down payment of $30,000, you would do everything possible to maintain the payments. If it became impossible to keep up the payments, you would sell the house. On way or the other, you would do what you had to do to protect your $30,000. On the other hand, if you had purchased the same home with little or no down payment, you might now be as motivated to main the payments. If you have no money invested in the property, you really have nothing to lose except your credit rating. You could easily decide to let the lender foreclose. Your choice of loan programs is limited according to the amount of down payment you can afford. Money gifted to a buyer for the down payment, can also limit the buyer as to the choice of loan program that is going to be available. If a buyer asks for the seller or lender to pay for closing costs can also affect the choice of loan program, even if the buyer has a large down payment. On Conventional loans, 10-20 percent of the sales price is paid by the buyer at the time of purchase. FHA loans,which are Government-Backed loans require at least a 3% down payment. The amount of money saved lets the lender know how much of a risk it is to lend money to you. Your savings are accumulated funds not needed at the time that they are earned. Savings represent surplus money put aside for future use. I can not stress enough.....SAVINGS is spending less than one earns.  Helpful Tips Show additional assets not needed for down payment, also know as reserves, this represents an amount of money the lender will require a buyer to hold in their bank account at the time of closing. This amounts to 3 months of the buyer's monthly mortgage. - If you can document the funds came from your personal savings, the lender is more confident of your strength as a borrower. Being able to show a SAVINGS history indicates a level of stability.
- It is extremely important to completely document the paper trail for any funds used for down payment and closing costs. For example, for checking and savings accounts, use most recent bank statements. If statements show any large deposits the lender will ask you to explain them and document their source.
Some ideas on how to obtain a down payment: Open a savings account for purchasing a house. Commit to a minimum amount every pay period even if it is $20. Set up this amount for automatic withdrawal through your company's payroll. Strive to save enough to put 20 percent down as your down payment. If you put down less than 20 percent many lenders require buyers to have private mortgage insurance (this will add to your monthly mortgage payment). In addition to needing a down payment, closing costs (title insurance and mortgage fees) also need to be accounted for. - Look for other sources of funds. For instance, if you have a Roth Individual Retirement Account (IRA) and are a first-time home-buyer, you have access to $10,000 of these funds penalty-free under certain conditions. Talk to an accountant regarding the pros and cons of taking a loan out or withdrawing funds from your account.
- Nearly 23 percent of first-time home-buyers receive gifts from relatives and friends.
In today's market, having a down payment is essential. It shows, a seller that you are serious about purchasing the house and it shows a lender that you can handle the responsibility. A down payment reduces the amount that needs to be financed and gives you instant equity. So, in essence the money returns back to you.
| DAdrea Davie | Family Realty Group | 866-750-8282 |
12131 Kadota Ave, Waterford, CA | | Fixer's Delight! Bank Owned (REO Property) at affordable price! | | | 3 Bdrm Single Family House | | offered at $155,000 | | Year Built | 1991 | | Sq Footage | 1,092 | | Bedrooms | 3 | | Bathrooms | 2 full, 0 partial | | Floors | 1 | | Parking | 2 Car garage | | Lot Size | 5,663 sqft | | HOA/Maint | $0 per month |
DESCRIPTION
| Want instant equity? Seller says fax your offer! Excellent sweat equity opportunity for investor or first time home buyer. This 3 bedroom 1.5 bath Waterford home is priced below market value for February COE! Fax your offer. Great space for a first-time homebuyer or investor! | | | | see additional photos below | | | | | | |
| Seller contact info: | |
DAdrea Davie |
Family Realty Group |
866-750-8282 |
For sale by agent/broker | |
| | | | | | | Posted: Mar 19, 2008, 3:36pm PDT | |
| DAdrea Davie | Family Realty Group | 866-750-8282 |
369 Gamay Ct, Manteca, CA | | Price Recently Reduced! | | | 3 Bdrm Single Family House | | offered at $230,000 | | Year Built | 1996 | | Sq Footage | 1,362 | | Bedrooms | 3 | | Bathrooms | 2 full, 1 partial | | Floors | 2 | | Parking | 2 Car garage | | Lot Size | 4,356 sqft | | HOA/Maint | $0 per month |
DESCRIPTION
| Great Starter Home! Opportunity for First-Time Homebuyer or Investor! Short Sale Available upon Lenders Approval. This 3 Bedroom, 2.5 Bathroom, 2-Story Home is located in Cottages in Vintage Cul-de-Sac. Across from the park and close to schools, shopping, public transportation and quick access to HWY 120. Kitchen has tiled countertops, double sink, plenty of cabinet space, and eat-in area. Kitchen has sliding doors that opens to large backyard. Kitchen also opens into living room. Living room has fireplace. Separate Laundry and Storage room. All Bedrooms are located upstairs! Master Bedroom has walk-in closet and Master Bathroom have shower over tub. Please contact listing agent for showing instructions | | | | see additional photos below | | | | |
| COMMUNITY FEATURES
Playground |
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| OTHER SPECIAL FEATURES
Separate Storage Room |
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| Seller contact info: | |
DAdrea Davie |
Family Realty Group |
866-750-8282 |
For sale by agent/broker | |
| | | | | | | Posted: Mar 7, 2008, 1:11pm PST | |
| DAdrea Davie | Family Realty Group | 866-750-8282 |
668 Loreli Lane, Patterson, CA | | When Opportunity Knocks...Great home at Great Price!! | | | 3 Bdrm Single Family House | | offered at $174,900 | | Year Built | 1988 | | Sq Footage | 1,503 | | Bedrooms | 3 | | Bathrooms | 2 full, 0 partial | | Floors | 1 | | Parking | 2 Car garage | | Lot Size | 5,663 sqft | | HOA/Maint | $0 per month |
DESCRIPTION
| Want instant equity? Excellent opportunity to purchase this 3 bedroom Patterson, CA home for under market value. Perfect opportunity for 1st time home buyer or wholesale investor. Seller wants offer today! The newly painted ranch style 3-bed2bath home is move in condition. Family & living room combowith hrwd floors, carpet and frpl, 1 level, 2 car garage, redwood deck and built in BBQ pit in backyard with storage she is located in a quiet well-maintained neighborhood. | | | | see additional photos below | | | | |
| OTHER SPECIAL FEATURES
| BBQ Grill and Shed in backyard |
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| Seller contact info: | |
DAdrea Davie |
Family Realty Group |
866-750-8282 |
For sale by agent/broker | |
| | | | | | | Posted: Mar 18, 2008, 8:44pm PDT | |
| DAdrea Davie | Family Realty Group | 866-750-8282 |
1236 Occidental Ave #2, Stockton, CA | | Great deal on this 2 Bedroom, 1 Bath, 2 story condo. | | | 2 Bdrm Condo | | offered at $80,000 | | Year Built | 1970 | | Sq Footage | 848 | | Bedrooms | 2 | | Bathrooms | 1 full, 0 partial | | Floors | 2 | | Parking | 1 Car garage | | Lot Size | 1 sqft | | HOA/Maint | $170 per month |
DESCRIPTION
Great deal for First-Time Home buyer or Investor! 2 bedroom, 1 bath, 2 story cozy condo. Needs a little TLC! Kitchen looks into dinning and living room. Breakfast Bar. Bedrooms and bathroom are located upstairs. Single garage. Across the street from a huge park and quick acess to HWY 5. Short Sale Available upon Lender's Approval! Don't let this great opportunity pass by! Contact listing agent for showing instructions!
| | | | see additional photos below | | | | |
| COMMUNITY FEATURES
| Garage parking |
Playground |
|
|
| | |
| Seller contact info: | |
DAdrea Davie |
Family Realty Group |
866-750-8282 |
For sale by agent/broker | |
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