Selling a Home in Sacramento, California - 08/30/06 10:35 PM
"Is the bubble busting?" "Has it burst?" "Why haven't I sold my home?" These are typical questions sellers ask these days. Not to worry. Everyone keeps talking about this bubble and referring back to the 1990's. There is a swarm of evidence that proves, WE ARE NOT LIKE THE 1990's. In 1990 the interest rate was between 18%-19% interest and today we are below 7%...BIG DIFFERENCE. In the 1990's we were in an economic recession where there was a loss of jobs...today unemployment figures are low. So, you say...then what is the problem. Ok, I will give you my worth.
We had a frenzied market … (2 comments)

Bubbles and Lender Consquences - 08/28/06 10:59 PM

It is time something is done about lenders who gave ridiculous loans to buyers knowing full well what the implications were. And the lenders who have barraged folks with refinancing to the point that the owners now may own their paid off car or the TV but are in foreclosure since they used all of their equity! This bothers the heck out of me.
Please read the following article that demonstrates the pitfalls of refinancing and taking equity out of your home to pay off credit cards, etc.
The No-Equity Loan Trap http://www.smartmoney.com/debt/advice/index.cfm?story=noequity by SmartMoney.comI know that a lot of people will say, "we'll they should … (1 comments)

California Realtor Refresher Course 101 - 08/14/06 12:08 PM
Realtor-ship 101
When preparing to show a house to your perspective client & writing an offer for a house, it is extremely important to do the following:
1. Know where you are going (map it out or better yet, preview the home prior to showing your buyer)
2. Call the seller or the listing realtor depending on the instructions given in the MLS
Call 1st Lockbox- means call the seller and give an approximate time for your arrivalDon't expect the Seller to call you back unless it is a "no, you can't show" (which hopefully they won't do)Be sure to always clearly leave your name … (4 comments)