Summerset Homes in Brentwood California - 08/31/10 06:07 PM
Summerset Homes in Brentwood California
Brentwood California has some of the finest 55+ Communities in California in Summerset Homes.  There are several Summerset Homes communities in Brentwood.  These fine 55+ Communities all feature gated security, club houses, pools, excersize rooms, golfing, and many social activities.
Most but not all of the Homes in the Slide Show are from Summerset or 55+ Communities.   
Summerset Homes range from affordable duets to large estate style homes.  Summerset Homes are close to shopping, entertainment and fine dinning.  These 55+ Communities have dial-a-ride services available.
Right now there are 36 Summerset Homes for sale priced … (0 comments)

Understanding FHA 203(k) Program: Part Two - 08/29/10 12:36 PM
This is part two in Deborah Garvin's great series on 203K rehab loans.  As our market levels out we should see more of these type of loans.
Via Deborah Garvin California Mortgage Financing (Capital Empire Funding, a subsidiary of Gateway):
Understanding FHA 203(k) Program:  Part Two
 
Process, Procedures and Best Practices
 
Second in my series to help real estate agents and consumers understand the opportunities that are available in considering renovation or customization of a home at the time of purchase or as an alternative to selling in the first place.  Many, many people think that custom construction is a arena … (2 comments)

Understanding FHA 203(k) Program: Part One - 08/29/10 12:34 PM
This is a two part series by Deborah Garvin.  She talks about a loan program that I think is going to grow in popularity soon.
Via Deborah Garvin California Mortgage Financing (Capital Empire Funding, a subsidiary of Gateway):
FHA 203(k) Renovation Loan....Easily the Most Underused and Least Understood Mortgage Product Available
 
The opportunities for utilizing the FHA 203(k) program abound in the current market; however, there are very few consumers or agents taking advantage of the opportunity.  The reasons for the under utilization of the program expose a couple areas of misunderstanding:
 
1).   The 203(k) program has been in existence and … (1 comments)

Sky is Falling News Network - 08/27/10 01:33 PM
It has been said if it is Good News it is not News.  It has also been said Figures don't lie but liars figure.
The economy and the housing market news is not positive, but there is no reason to make it seem worse than it is.  Just like Chicken Little screaming that the Sky is Falling the News Networks love to talk about July Housing Slump without putting it in context.

Few people mention that there was a huge surge of closings in June due to the original deadline on the First Time Buyer Tax Credit Deadline of June … (1 comments)

A Classic Laugh - 08/27/10 01:23 PM
Take a look at this Video.  It has been around for a few years.  I thought Youtube had dumped them at the request of the Movie Owners.  However, here it is.  It may have been edited sense I saw it the first time.  There is a line about Government Bailouts I do not think was there before.
When things are going bad sometimes all you can do is laugh.
… (4 comments)

Discovery Bay Bank Owned Homes - 08/26/10 05:53 PM
Discovery Bay Bank Owned Homes
Bank Owned Homes have dominated the market for the last couple of years. At this time Short Sales may be more prevalent, but as banks begin to unload inventory we may see more and more Bank Owned Homes on the Market. (Click Here for Free Report on Bank Owned Homes!)
This report looks at market trends of Single Family Discovery Bay Bank Owned Homes by looking at the current market and comparing it with sales of Bank Owned Homes in June and July.
Right now there are 13 Discovery Bay Bank Owned Homes on the market … (0 comments)

Brentwood California Bank Owned Homes - 08/26/10 05:45 PM
Brentwood California Bank Owned Homes
Bank Owned Homes have dominated the market for the last couple of years. At this time Short Sales may be more prevalent, but as banks begin to unload inventory we may see more and more Bank Owned Homes on the Market. (Click Here for Free Report on Bank Owned Homes!)
This report looks at market trends of Single Family Brentwood California Bank Owned Homes by looking at the current market and comparing it with sales of Bank Owned Homes in June and July.
Right now there are 39 Brentwood California Bank Owned Homes on the market … (0 comments)

Oakley California Bank Owned Homes - 08/26/10 05:29 PM
Oakley California Bank Owned Homes
Bank Owned Homes have dominated the market for the last couple of years. At this time Short Sales may be more prevalent, but as banks begin to unload inventory we may see more and more Bank Owned Homes on the Market. (Click Here for Free Report on Bank Owned Homes!)
This report looks at market trends of Single Family Oakley California Bank Owned Homes by looking at the current market and comparing it with sales of Bank Owned Homes in June and July.
Right now there are 40 Oakley California Bank Owned Homes on the market … (1 comments)

Antioch California Bank Owned Homes - 08/26/10 05:16 PM
Antioch California Bank Owned Homes
Bank Owned Homes have dominated the market for the last couple of years. At this time Short Sales may be more prevalent, but as banks begin to unload inventory we may see more and more Bank Owned Homes on the Market. (Click Here for Free Report on Bank Owned Homes!)
This report looks at market trends of Single Family Antioch California Bank Owned Homes by looking at the current market and comparing it with sales of Bank Owned Homes in June and July.
Right now there are 103 Antioch California Bank Owned Homes on the market … (0 comments)

Pittsburg California Bank Owned Homes - 08/26/10 04:49 PM
Pittsburg California Bank Owned Homes
Bank Owned Homes have dominated the market for the last couple of years.  At this time Short Sales may be more prevalent, but as banks begin to unload inventory we may see more and more Bank Owned Homes on the Market.  (Click Here for Free Report on Bank Owned Homes!)
This report looks at market trends of Single Family Pittsburg California Bank Owned Homes by looking at the current market and comparing it with sales of Bank Owned Homes in June and July. 
Right now there are 73 Pittsburg California Bank Owned Homes on the market … (0 comments)

Right of Offset..Yet Another Trick Up The Lenders Sleeve - 08/24/10 12:53 PM
Something all you you should know if you are behind on the mortgage or other payments.
Via Bob Hertzog (Summit Home Consultants):
Right of Offset..Yet Another Trick Up The Lenders Sleeve
Folks, this is scary stuff.  Yesterday, I received a call from one of my clients, telling me that her bank recently withdrew money out of her account to pay part of her missed mortgage payments.  We are in the middle of the short sale process, and she happens to bank at the same institution that holds her 1st Mortgage.
Banks have what is called a "right of offset", which allows them to … (2 comments)

How Will the New FHA Mortgage Insurance Structure Affect Your Buying Power? - 08/24/10 12:48 PM
 
This is an excellent post by a great lender.  It is a little dry, but it explains how the cost of FHA mortgages will climb dramatically if not in contract my 10-4-10.
 
Via Cari Anderson (Diversified Mortgage Group):
How Will the New FHA Mortgage Insurance Structure Affect Your Buying Power?
Earlier this month, HUD announced that there would be some forthcoming changes to its FHA mortgage insurance program on October 4th of this year. Since FHA loans are a good percentage of all loans funded today these changes could have a significant impact on the loan amount a potential borrower … (0 comments)

Nelson Riemenschneider - Football Player - 08/22/10 06:33 PM
Nelson Riemenschneider - Football Player
My son Nelson went out for Freshman Football at Liberty High School this year.  He is a good kid, but has struggled with school and sports in the past.
However, this year he is doing very well.  It looks like he will be starting when they play the first game in a couple of weeks.  At 6'1" about 250 lbs he is playing left tackle.  He has wrestled for the last 3 years and I think it has helped him.  The conditioning hurts him a lot and I think he is the slowest kid on the … (6 comments)

Discovery Bay Short Sales - 08/21/10 02:39 PM
Discovery Bay Short Sales
Short Sales are becoming the dominate part of the market. You cannot ignore what is going on in with the Short Sale Market.
This report looks at Single Family Home Discovery Bay Short Sales by comparing the Active Market to the Pending Short Sale Market and the Short Sales for the last two months.
There are 33 Discovery Bay Short Sales on the market now with an average asking price of $352,775.00 and a median price of $325,000.00. These Short Sale Homes are listed at an average of $138.00 per SF and have been on the market … (0 comments)

Brentwood California Short Sales - 08/21/10 02:03 PM
Brentwood California Short Sales
Short Sales are becoming the dominate part of the market. You cannot ignore what is going on in with the Short Sale Market.
This report looks at Single Family Home Brentwood California Short Sales by comparing the Active Market to the Pending Short Sale Market and the Short Sales for the last two months.
There are 96 Brentwood California Short Sales on the market now with an average asking price of $313,901.00 and a median price of $323,875.00. These Short Sale Homes are listed at an average of $127.00 per SF and have been on the market … (0 comments)

Breaking Short Sale News: Chase List Assist Short Sale Program | New Chase Shortsale Process - 08/21/10 01:48 PM

Via Tim and Julie Harris (Harris Real Estate University):
Important annoucement for Realtors who have Chase and Bank of America Short Sale Listings.
Realtors, listen NOW to the FREE Replay of this week's emergency Accredited Short Sale Designation webinar (or teleconference). Everything is changing (again) about short sales. Thanks to the NAR’s HAFA Guidelines the servicers are finally making significant moves to truly streamline the short sale process.
Note: This is an advanced short sale training call. Be ready to take pages of great action oriented notes.
Listen to replay of the advanced short sale training call NOW: http://AttendThisEvent.com/?eventid=14385639 <------Click HERE to … (0 comments)

Oakley California Short Sales - 08/20/10 11:57 PM
Oakley California Short Sales
Short Sales are becoming the dominate part of the market. You cannot ignore what is going on in with the Short Sale Market.
This report looks at Single Family Home Oakley California Short Sales by comparing the Active Market to the Pending Short Sale Market and the Short Sales for the last two months.
There are 53 Oakley California Short Sales on the market now with an average asking price of $240,395.00 and a median price of $229,000.00. These Short Sale Homes are listed at an average or $111.00 per SF and have been on the market … (0 comments)

Antioch California Short Sales - 08/20/10 11:48 PM
Antioch California Short Sales
Short Sales are becoming the dominate part of the market. You cannot ignore what is going on in with the Short Sale Market.
This report looks at Single Family Home Antioch California Short Sales by comparing the Active Market to the Pending Short Sale Market and the Short Sales for the last two months.
There are 136 Antioch California Short Sales on the market now with an average asking price of $211,172.00 and a median price of $210,000.00. These Short Sale Homes are listed at an average or $107.00 per SF and have been on the market … (2 comments)

Pittsburg California Short Sales - 08/20/10 11:40 PM
Pittsburg California Short Sales
Short Sales are becoming the dominate part of the market.  You cannot ignore what is going on in with the Short Sale Market.
This report looks at Single Family Home Pittsburg California Short Sales by comparing the Active Market to the Pending Short Sale Market and the Short Sales for the last two months.
There are 73 Pittsburg California Short Sales on the market now with an average asking price of $216,576.00 and a median price of $210,000.00.  These Short Sale Homes are listed at an average or $119.00 per SF and have been on the market … (1 comments)

Why You Should Purchase A Home In A Declining Market (Seriously) - 08/18/10 11:22 AM
I really like this post.  Prices are going up in our market, but these are great reasons to buy real estate now.
Via Lisa Udy Realtor Utah Real Estate Specialist (Logan Utah Real Estate The Platinum Real Estate Group):
Original Source: Why You Should Purchase A Home In A Declining Market
Okay, don't laugh at me, I am not one of those Realtors who says buy, buy buy!! I want to give you a few really good reasons why purchasing a home in today's declining real estate markets makes long term financial sense.
 
How Much Money Do You Have Sitting In Investment … (0 comments)

Just Something Funny to Lighten the Day - 08/17/10 03:20 PM
I love the Blue Collar Comedy guys.  I often catch them on the Comedy Channel or CMT.  I have some Jeff Foxworthy CD's that are always good for a laugh too.
Well I came across this web site with a bunch of "You know your a Redneck when . . ." Lines.  Most are by Foxworthy but not all. 
If you need a laugh take a few minutes and enjoy.
… (2 comments)

Understanding Homeowners Insurance - 08/14/10 01:00 PM

Via Stephanie Reynolds (AgentsOfPossibility.com, REALTOR, GRI, ePro at CMI, Inc. ):
Understanding Homeowner's Insurance
The process of buying a home includes many steps. Finding a home, ordering inspections and obtaining a mortgage loan. Don't forget, one of the things you must obtain when purchasing a home is Homeowners Insurance. It is a requirement of your lender the property be insured in case of a loss. Unless you are paying cash for a home, there is no way to avoid having homeowners insurance. Even if you are paying cash, the benefits of property insurance far outweigh the cost.
Understanding what Homeowners Insurance is and the … (0 comments)

Do I Need a Hardship to do a Short Sale? - 08/14/10 12:51 PM

Via Bryant Tutas-Tutas Towne Realty, Inc:
Well that's a good question. What do you think? Most folks would probably answer this question with a resounding YES! But...what if I told you the answer is "No....you don't necessarily need a hardship to qualify for a Short Sale. You may be able to do a Strategic Short Sale". Heck, big business and lenders do them all the time.
One reason lenders/investors may approve the Strategic Short Sale is that the hardship in no way changes the financial outcome of the Short Sale for the lender. The numbers are still the same. In fact, … (2 comments)

What Would You Do with a Million Dollars? - 08/13/10 10:54 PM
What Would You Do with a Million Dollars?

Right now there is a lot of talk about Taxing the Rich!
Now if we extend the Bush Tax cuts or cut taxes further as some would argue it will put a lot of money in the hands of Rich People.  When Bill Clinton was elected President I found out I was rich.  He was only going to Tax the Rich and I got taxed more.  I think at the time I was making about $50,000.00 per year which was pretty good in the mid 90's. 
What will the Rich People do … (6 comments)

Discovery Bay Homes for Sale - 08/10/10 05:35 PM
Discovery Bay Homes for Sale
This market report looks at Discovery Bay Homes for Sale. The focus is Single Family Homes for Sale. The report compares current Discovery Bay Homes for sale to homes sold in June and July.
Right now there are 92 Discovery Bay Homes for Sale with an average price of $546,532.00 and a median price of $444,450.00. The average price per SF is $195.00 and these homes have been on the market an average of 72 days.
In July 20 of the Discovery Bay Homes for Sale sold with an average price of $355,610.00 and a median … (1 comments)

Brentwood California Homes for Sale - 08/10/10 05:04 PM
Brentwood California Homes for Sale
This market report looks at Brentwood California Homes for Sale. The focus is Single Family Homes for Sale. The report compares current Brentwood California Homes for sale to homes sold in June and July.
Right now there are 220 Brentwood California Homes for Sale with an average price of $457,633.00 and a median price of $353,500.00. The average price per SF is $192.00 and these homes have been on the market an average of 63 days.  However, these numbers a skewed upwards by 8 homes priced over $1,000,000.00.  If you look at the other 212 Brentwood … (0 comments)

Oakley California Homes for Sale - 08/10/10 04:15 PM
Oakley California Homes for Sale
This market report looks at Oakley California Homes for Sale. The focus is Single Family Homes for Sale. The report compares current Oakley California Homes for sale to homes sold in June and July.
Right now there are 158 Oakley California Homes for Sale with an average price of $270,792.00 and a median price of $246,855.00. The average price per SF is $131.00 and these homes have been on the market an average of 67 days.
In July 50 of the Oakley California Homes for Sale sold with an average price of $233,154.00 and a median … (0 comments)

Antioch California Homes for Sale - 08/10/10 04:06 PM
Antioch California Homes for Sale
This market report looks at Antioch California Homes for Sale. The focus is Single Family Homes for Sale. The report compares current Antioch California Homes for sale to homes sold in June and July.
Right now there are 318 Antioch California Homes for Sale with an average price of $147,365.00 and a median price of $159,250. The average price per SF is $112.00 and these homes have been on the market an average of 49 days.
In July 113 of the Antioch California Homes for Sale sold with an average price of $208,239.00 and a median … (0 comments)

Pittsburg California Homes for Sale - 08/10/10 03:44 PM
Pittsburg California Homes for Sale
This market report looks at Pittsburg California Homes for Sale.  The focus is Single Family Homes for Sale.  The report compares current Pittsburg California Homes for sale to homes sold in June and July.
Right now there are 181 Pittsburg California Homes for Sale with an average price of $213,336.00 and a median price of $199,900.  The average price per SF is $123.00 and these homes have been on the market an average of 47 days.
In July 65 of the Pittsburg California Homes for Sale sold with an average price of $202,754.00 and a median … (0 comments)

Name That Trout! - 08/07/10 03:00 PM

I couple of weeks ago I took my sons up camping to a place called Highland Lakes in northern California.
The boys actaully showed the patients to do some fishing.  I had brought the poles but was caught off guard by thier attention spans.  They actually wanted to fish and I had not brought that much bait.
These two lakes have a mixture of Brook Trout, Cut Throat Trout, and Gold Trout.  My son Corbin caught a 9.5" trout, but I cannot make out which one it is.  I suspect it might be a hybred of two or three types.  … (6 comments)

Overpriced Homes-Sell Slower and For Less - 08/07/10 12:40 PM

Via Stephen Munson (Munson Realty):
Overpriced Homes-Sell Slower and For Less If there’s anything we can take away from the plethora of Bank Owned Foreclosures is they certainly know how to price a home to move!
I maintain that you almost always shoot yourself in the foot by overpricing your home. Your home will almost always sale at or above market value by pricing at or below market value.
So why is that? Well think back at when YOU were buying a home. Remember when a “great deal” came on the market and everybody and their agents were “swarming” to the open … (1 comments)

Why is Free Stuff always Costing Me Money! - 08/06/10 02:33 PM
I am always being bombarded with "Free Offers."  No doubt as real estate professionals you are too.  In fact we get hit with the stuff in all walks of life.  Well Free stuff is costing me a fortune!  In fact the surest way to turn me off is tell me you are offering something for FREE! 
What has set the curmudgeon off in me this time?  Well my 7 and 6 year old got free tickets for Six Flags Wild Kingdom and admittedly they sent two along for the parents.  But I got a family of 8, the two younger ones … (8 comments)

Thinking of Buying an REO? To You it's a Home, to the Bank it's Scrap Metal - 08/05/10 12:33 PM
She has some important things to say about buying bank owned homes.
Via Leslie Ebersole (Baird&Warner Real Estate):
Who is sitting in the cat bird seat these days for a home purchase? Who will be catered to, indulged, flattered and coddled on a pleasant journey to a home closing that can be bragged about for years? Think again if you said "the buyer" if the house is a foreclosure or REO property (REO stands for Real Estate Owned).
Today's qualified home buyer is a rare bird. He struts with expectation of recognition of his specialness. After all, market inventories are high and … (2 comments)

Another Five Things All Kids Should Learn! - 08/04/10 03:29 PM
Another Five Things All Kids Should Learn - or at least understand!
I wrote Five Things All Kids Should Learn and I had some comments on and off the post.  Here are 5 more.  Some may be more relevant to electronic culture and so are new rather than timeless - but as the electronics are here to stay  . . . . .
Your Cell Phone is for my Conveyance.   If I am paying for it and I cannot reach you on it I will stop paying for it.  By the way do not Text Me!  I am an old fart.  … (4 comments)

A Dawg Named Lawyer! - 08/04/10 01:13 PM
A few years ago my brother Earl flew down to Alabama to go hunting.   When he got there he needed a dog and went to rent one.  The guy running the kennel said he could rent him a dog named Lawyer for $200.00.  Well my brother thought that was kind of pricey, but the kennel owner assured him Lawyer would do a good job.
Well Lawyer was a great hunting dog, helping him spot all the ducks and running them down for him. 
The next year Earl flew down again and wanted to rent Lawyer, but Lawyer now cost $500.00.  Earl … (7 comments)

Closing Costs Explained: Part One – Origination Fees - 08/04/10 12:45 PM
My friend Cari does loans and this is part of a series she is writing.
Via Cari Anderson (Diversified Mortgage Group):
Closing Costs Explained: Part One - Origination Fees
I've often wondered how a good faith estimate, an initial closing cost fee sheet and/or an estimated settlement statement must look to a first time home buyer. All of these documents itemize the various closing costs involved in purchasing their home yet they do not explain exactly what each fee entails.
Of course, a good loan officer will sit down with his or her clients and carefully explain the loan's closing costs. However, in … (2 comments)

The Games We Play! - 08/02/10 02:11 PM
My Family likes to play board games.  I grew up playing a number of board games.  My personal favorites are complex military strategy games.  I am not talking computer games or video games; I mean game boards and dice.  However, with marriage, family, and a decrease in time my games have become more family oriented.

One of your Favorite Family Games is Settlers of Catan.  Settlers is a fun game, certainly no more complex than Monopoly, but with a lot more strategy, options, flexibility, and fun.  Settlers was designed for 3-4 players, but expansions will accommodate up to 6 people. 
… (5 comments)

How to Save $25,000.00 and Stay out of Jail When Buying a Short Sale! - 08/02/10 10:30 AM
Short Sales are a tough business and there are a lot of ins and outs.  I did a post on Equity Purchases in California and the Hazards of making an Equity Purchase, which like it or not a Short Sale falls under the Equity Purchase Laws.
Now if you read the Equity Purchase Laws you will see that if you do not do it right you can end up with a $25,000.00 fine, plus civil liability, and get to spend a year in the county jail.  I do not think any one wants to do that for a Short Sale.
I … (2 comments)

My Favorite Actor! - 08/02/10 10:28 AM
This video stars my 2nd son Corbin.  The video was made by his mom's boyfriend Will Leoppard who is in Film School. 
The plot is basically a Shaggy Dog type story we used to tell at summer camp.  The filming technique is what he is working on.  I like the star, even though he is somewhat of a ham.  The video is not too long.
He has some other Video's on YouTube.  If you like this one or some of the others you might want to tell him so. 
 
… (0 comments)

 
Gene_head_shot_10-10 Rainmaker_large

Gene Riemenschneider East Contra Costa Home Sales 01492725

Brentwood, CA

More about me…

Home Point Real Estate

Address: Brentwood, Oakley, Antioch, Pittsburg,, Discovery Bay, Investors, Brentwood, CA, 94513

Office Phone: (925) 260-4321

Cell Phone: (925) 260-4321

Email Me

<!---- start copying here ----->Author Bio: Gene Riemenschneider is the Owner and Broker at Home Point Real Estate. He is a Realtor and a SFR (Certified Short Sale and Foreclosure Resource). Home Point Real Estate works with Home Buyers, Sellers, and Investors.<!-- insert your own bio between the <p> tags ---->   <!--- stop copying here. Paste all this into Notepad and change out the obvious stuff...like my name and the link to my Google profile. Then -------> Clicky Web Analytics

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