Hey let's go to San Francisco...Ok, why not? - 04/29/12 04:29 PM
Hey let's go to San Francisco...Ok, why not?
It was a typical Saturday morning doing routine errands.   We had finished up what we needed to do and had a quick lunch at In and Out Burger. It was just a bit after 1 in the afternoon.   Kelly and I realized that there was really no reason to go home.  Her kids were all gone for the day and wouldn't be back until late Sunday.   Of course there was always laundry and house work that could be done.  But where's the fun in that?
So we decided what the heck, let's get … (33 comments)

Concerts for 2012 Stanislaus County Fair - 04/25/12 10:53 AM
Concerts for 2012 Stanislaus County Fair
Once again the Stanislaus County Fair has  a good mix in it's concert lineup.   Every year the fair has Country Music, Classic Rock and something for the kids on the free stage.   This year is no exception.  The announced concert lineup for the 2012 Stanislaus County Fair is:
 
Friday July 13  - Sawyer Brown Band Saturday July 14  - Foreigner Monday July 16  -  Kellie Pickler Tuesday July 17  - The Peking Acrobats Wednesday July 18  - The Wiggles Thursday July 19  -  Uncle Cracker Friday July 20  -  Bret Michaels Saturday July 21  … (7 comments)

Reached my goal a little bit early! 200,000 Points! - 04/24/12 04:15 PM
Reached my goal a little bit early!    200,000 Points!
 
I've been a member here at ActiveRain for quite some time now.  I actually signed up way back on June 22,2006.  I just kind of lurked around for a while reading blogs and getting the feel for the place.  I didn't even do my first blog post until November 20,2007 over a year after signing up.  I didn't reach my first 100,000 points until sometime in June of 2011.  Yesterday, April 23,2012 I hit 200,000 points.   My goal was to reach that point by the end of April. 
My primary … (20 comments)

Not everything is Short Sales - HAPPY FIRST BIRTHDAY MAXINE!! - 04/23/12 04:23 PM
Not everything is Short Sales -  HAPPY FIRST BIRTHDAY MAXINE!!
 
Not every day and every post here is about Real Estate and Stanislaus County Short Sales.   This past Sunday was a special day as it was my granddaughters first birthday.   It seems like just yesterday it was my daughter Sarah's first birthday.   Well now it was time for Sarah and her Husband Aaron to celebrate a first birthday party. 
 
Maxine seemed to be enjoying all the attention that she was getting and I know that she liked the carrot cake that Grandpa (yes I admit it) was … (2 comments)

Have you heard about the shadow inventory of .... Short Sales!! PART 2 - 04/20/12 04:14 PM
Have you heard about the shadow inventory of .... Short Sales!!  PART 2
 
In yesterdays post I talked about where short sales have been and where they are now.  I wrote about how we have been hearing about the SHADOW INVENTORY of bank owned homes now for a few years.  It's my opinion that we have a SHADOW INVENTORY of potential short sales.
 
Based on the number of short sales completed in January 2012 it looks like we are going to start to see a lot more short sales this year.  Another trend we are seeing is the number … (3 comments)

Have you heard about the shadow inventory of .... SHORT SALES!! PART 1 - 04/19/12 03:50 PM
Have you heard about the shadow inventory of .... SHORT SALES!!  PART 1
For probably 3 years now I have been hearing about the "shadow inventory" of bank owned homes.  According to this theory big banks were holding on to foreclosed homes and not listing them for sale.   This has always not made much sense to me.  Why would the banks do that?   Aren't they in business to make money?  How does a bank make money by holding onto foreclosed properties?   And basic supply and demand theories would tell you that if the banks were to put all this "shadow inventory" … (1 comments)

Stanislaus County Short Sales - 5 Reasons Why You Should Sell Your Home Now! - 04/17/12 06:30 PM
Stanislaus County Short Sales - 5 Reasons Why You Should Sell Your Home Now!
 
If you are still following the national news media and think that this is not a good time to sell your home here are 5 good reasons why you list your home NOW.   Whether you are a traditional seller with equity in your home or a Stanislaus County Short Sale seller now is the time to list your home.
 
1. The inventory of available homes is low.                                                                 This is a good thing for you if you list your home now because you will have less … (2 comments)

Stanislaus County Home Sales for March 2012 -CERES Ca - - 04/16/12 11:29 AM
Stanislaus County Home Sales for March 2012 -CERES Ca - 
 
 
The sales figures for Ceres Ca for March 2012 are in.  The totals below are for single family homes sold in Ceres.
 
Total Sales - 36  (57 Homes sold in March 2011)
 
Bank owned Sales - 14  which was 39% of all sales.
 
Short Sales - 12 which was 33% of all sales
 
Overall, distressed sales (Bank owned and short sales) made up 72% of all sales.
 
The lowest price home sold in Ceres during March 2012 was $35,000.   
 
The highest … (3 comments)

You Got it - We Want It. Your Stanislaus County Home ! - 04/12/12 07:52 PM
You Got it - We Want It.  Your Stanislaus County Home !
 
If you have been thinking about selling your Stanislaus County Home now might be the time!   The current inventory of available homes is lower than it has been in quite some time.  Multiple offers on homes are now the norm.   Homes selling for more than asking price is not unusual.
 
This is happening at pretty much all levels of the Stanislaus County market.  It doesn't matter if the home is a traditional sale, Stanislaus County Short Sale, or bank owned home.  If your home is … (8 comments)

Stanislaus County Home Sales for March 2012 - MODESTO - 04/11/12 05:22 PM
Stanislaus County Home Sales for March 2012 - MODESTO
 
The sales figures for Modesto California for March 2012 are in.  The totals below are for single family homes sold in Modesto.
 
 
Total Sales - 245   (238 sold in March 2011)
 
Bank owned Sales - 97  which was 40% of all sales.
 
Short Sales - 69 which was 28% of all sales
 
Overall, distressed sales (Bank owned and short sales) made up 68% of all sales.
 
The lowest price home sold in Modesto during March 2012 was $32,000.   
 
The highest price home … (3 comments)

Bank of America Mortgage to Lease Program -Will it work for you? - 04/10/12 04:36 PM
Bank of America Mortgage to Lease Program -Will it work for you?
 
You may have heard about a new program from Bank of America which allows you to lease back your home instead of having BofA foreclose.  Maybe you thought that my might want to apply for this program.  Well here's the problem with that - YOU CAN'T.
 
First off this test program is only in 3 states, New York, Arizona and Nevada.  Secondly Bank of America is going to select only 1000 home owners for this program.  There is no way that you can apply for this … (2 comments)

Play Ball! Part Two ! - 04/07/12 06:44 PM
Play Ball! Part Two !
While I do keep pretty busy Listing and selling Stanislaus County Short Sales I do need to take some time off now and then.  And this time of year I have a really good reason to take some time off.  Last night (April 6,2012) was opening day for the Oakland Athletics.  Ok, they did already play two games in Tokyo Japan, but who's counting those games?  I have been to lots and lots of Oakland A's games but this was the first time I was at an opening day game.  

Before the game started … (4 comments)

Stanislaus County Home Sales for March 2012 -TURLOCK - - 04/05/12 01:43 PM
Stanislaus County Home Sales for March 2012 -TURLOCK - 

The sales figures for Turlock California for March 2012 are in.  The totals below are for single family homes sold in Turlock.
 
Total Sales - 68  (87 Homes sold in March 2011)
 
Bank owned Sales - 26 which was 38% of all sales.
 
Short Sales - 19 which was 28% of all sales
 
Overall, distressed sales (Bank owned and short sales) made up 66% of all sales.
 
The lowest price home sold in Turlock during March 2012 was $44,000.  
 
The highest price … (0 comments)

Thinking About a Loan Modification? Here's FREE help - 04/04/12 02:12 PM
Thinking About a Loan Modification? Here's FREE help
 
If you are falling behind or will be falling behind with your mortgage payment on your Stanislaus County Home your bank may be able to help you out with a loan modification.  I'm sure you have probably gotten mailings and phone calls from companies that offer to help you with a loan modification, for a fee of course.   If these companies are asking for an upfront fee they are breaking the law.  You should be able to contact your bank directly to apply for a loan modification.  Below are some contact numbers … (2 comments)

Play Ball! Part one. - 04/03/12 04:09 PM
Play Ball!  Part one.
 
Every year the Oakland Athletics and San Francisco Giants play their last 3 spring training games against each other. This has become known as the Bay Bridge Series.  This year the first game was April 2,2012 at AT&T Park in San Francisco.   I was there along with over 40,000 other fans, most of them wearing the orange and black of the Giants.  My self I was wearing the green and gold of the A's.

 
It was a cool and bit windy night for a baseball game.   AT&T park has got to be one … (8 comments)

Stanislaus County Short Sales - March 2012 Stanislaus County Sales Stats - 04/02/12 11:40 AM
Stanislaus County Short Sales - March 2012 Stanislaus County Sales Stats
 
The sales numbers are in for Stanislaus County Home Sales for the month of March 2012. Sales of single family homes are down slightly this year and Distressed properties (Bank owned and Short Sales) are still dominating the market. 
 
Here are the March 2011 and March 2012 Sales Stats for single family homes:
 
Total Sales March 2012: 515  sold   * 41% (212) Bank Owned   * 29% (150) Short Sales   70% of sales were distressed properties
 
Total Sales March 2011: 637  sold   * 54% (347) … (2 comments)

 
Me_001 Rainmaker_large

Jim Patton - Realtor , CDPE, SFR Stanislaus County Short Sale Specialist

Turlock, CA

More about me…

Century 21 M&M - Central California Short Sale Specialist

Address: Turlock, Ceres, Denair, Hughson, Delhi, Modesto, Hilmar, Livingston, Salida, Merced, Atwater, Keyes, Patterson, Oakdale, Turlock, Ceres, Denair, Hughson, Delhi, Modesto, Hilmar, Livingston, Salida, Merced, Atwater, Keyes, Patterson, Oakdale

Office Phone: (209) 633-2839

Cell Phone: (209) 404-0816

Email Me

Current information on Central California Real Estate. I specialize in Short Sales in Stanislaus, Merced and San Joaquin counties.



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