foreclosure: Certified Distressed Property Expert
- 05/16/10 10:41 AM
I now have Certified Distressed Property Expert designation. (CDPE) I have invested in many hours of training and now have the tools and systems in place to help home owners in distress. There are alternatives to foreclosure. A short sale can be a way out for homeowners that are upside in their property and can't make their mortgage payment. A foreclosure is far more damaging to someones credit than a short sale. A foreclosure will stay on your record for 7 years or more whereas with a short sale it may be as little as two years before you can buy … (2 comments)
foreclosure: Turlock Sales Trends
- 04/08/08 09:04 AM
Ok now here is something you probably have not read about in the newspaper or heard on the TV news. Home sales in Turlock are going up! Homes listed for sale are slightly down.
These statistics are for Turlock. March 07 Listed 713 March 08 Listed 676 March 07 Pending 60 March 08 Pending 108 March 07 Sold 55 March 08 Sold 68
So what is driving the market right now? Just over half (54%) of the sales in March were Bank Owned (REO) properties. We are starting to see homes get multiple offers now too. If it's a home that is in good shape and well priced there … (0 comments)
foreclosure: Why I think it's a great time to buy
- 01/20/08 06:24 AM
We as Realtors have been saying it's a great time to buy. If you read the paper or watch the TV news you may have a hard time believing that. If you believe the media you would think that every home owner in America is in danger of losing their home, they can't make the payments, and owe lots more than it is worth. The truth is that the vast majority of homeowners in this country are NOT in foreclosure and are NOT about to lose their home! Of course this is not newsworthy. It's the bad news that sells papers. … (11 comments)
foreclosure: Dejavu all over again?
- 01/09/08 12:40 PM
I saw this in the Modesto Bee this morning. Having taken over the 23-unit Rosegate town house project at Rose Ave and Scenic Dr through foreclosure, First Interstate Bank was pondering whether to rent the units or try to sell them. Was this the latest news of Modesto? No, this item was in the Yesteryears column. This was from this date 25 years ago. My point is that real estate is cyclical and always has been. In my own personal experience I bought a house in the late 1980's for about $150,000. Within a year the value had gone down about $25,000. … (0 comments)
foreclosure: We're number 1 - unfortunately
- 12/23/07 02:07 PM
San Joaquin, Stanislaus, and Merced counties are again at the top of the list for foreclosures. According to RealtyTrac's November statistics San Joaquin county leads the nation in foreclosures followed by Stanislaus and then Merced county. One out of every 99 houses in San Joaquin county had foreclosure filings last month. Stanislaus was 1 in 104 and Merced was 1 in 106. The bright spot is that this is 10% down from last month. California as a state had 39,992 foreclosures in November, which is a 21% drop from the previous month. Click on the picture for Stanislaus County information.
Merced County … (2 comments)
foreclosure: Turlock Real Estate Stats
- 12/17/07 04:20 PM
I won't bore everyone with a bunch of numbers but here are some interesting numbers. This is for Turlock Ca sales for November for the last 3 years and includes residential sales. Nov 05 482 Listed 74 Sales Avg. 41 days on the market 1 Bank owned sales Nov 06 713 Listed 37 Sales Avg. 72 days on the market 2 Bank owned sales Nov 07 649 Listed 27 Sales Avg. 64 days on the market 11 Bank owned sales
What does this mean to you? In my opinion if you are thinking about selling your biggest competition willl be the bank owned (REO's , … (0 comments)
I now have Certified Distressed Property Expert designation. (CDPE) I have invested in many hours of training and now have the tools and systems in place to help home owners in distress. There are alternatives to foreclosure. 
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