Why would a Lender Consider a "Short Sale"? - 02/25/07 01:23 PM
Why would a Lender Consider a "Short Sale"?   by John Occhi, Hemet CA REALTOR   Pre-Foreclosure Real Estate, Hemet CA First, lets define what a "Short Sale" is.
I suppose the definition may vary from lender to lender as well as from region of the country to region.  I'm going to share what I know to be the way it is for real estate in Hemet CA.  It boils down to the point that a lender does not want to take a property back, that is in default but would rather sell it for less than what is owed on it
In order for … (19 comments)

What Should a Homeowner Do When They are Behind? - 02/24/07 11:02 PM
What Should a Homeowner Do When They are Behind?  by John Occhi, Hemet CA REALTORHemet CA Real Estate  
In Hemet CA there are many real estate properties on the market that have been foreclosed on by the lender and are now considered REO, or "Real Estate Owned".  Unfortunately there are many more on the verge of falling into this category.
So, what can be done?
Today as homeowners find themselves ‘buried' in a loan that they cannot pay the best advice I have is to talk directly with the lender.  Be polite, it is not their fault and as my grandmother used to … (13 comments)

Have you Met "Big Brother"? - 02/24/07 10:34 PM
Have you Met "Big Brother"? by John Occhi, Hemet CA REALTOR Real Estate - Hemet CA
The one thing that is constant in 21st century America is that the computer is revolutionizing our lifestyle.  Some of it is good...some of it is band...and some of it is just out right frightening!
I was sent a link to a website operated by a company called ChoicePoint.  They pride themselves in the data they gather.  They are so confident, even their corporate tag line wants me to duck for cover, "Technology and Information for Confident, Smart Decisions".
This information is gathered for the insurance industry, … (2 comments)

How Foreclosure are Effecting the Market - 02/24/07 10:11 PM
How Foreclosure  are Effecting the Marketby John Occhi, Hemet REALTOR   Hemet CA Real Estate
I have had the blessing recently of working with a couple of buyers looking for Hemet CA Real Estate.  They both have two very similar characteristics - they want a lot of house for the money and they want to make certain they are getting the absolute best deal going.  As I like to say, they are both willing to kiss a lot of frogs to find their prince of a deal.
In researching property for sale in Hemet CA I have noticed that there are several homes for … (2 comments)

MORTGAGE RATES TAKE ANOTHER DIP - 02/24/07 08:35 AM
MORTGAGE RATES TAKE ANOTHER DIPby John Occhi, Hemet CA REALTOR®Real Estate, Hemet CAFreddie Mac reported that mortgage rates dropped again this week after another decline in housing starts.  According to a statement issued by Frank Nothaft, Freddie Mac vice president and chief economist, January "showed the weakest reading since August 1997, due to the abundance of homes already on the market to purchase,"
The ‘average' 30 year fixed loan now averages just 6.22%  down 7 basis points from the 6.3% posted just a week earlier, according to the Freddie Mac published survey.  The 15 year fixed rate mortgage saw a very similar … (0 comments)

NAR is Looking For Local Help - 02/22/07 09:07 AM
NAR is Looking For Local Help   by John Occhi, Hemet CA REALTOR   Real Estate, Hemet CA
Reading through the various industry news emails I receive every morning, I came across a request for help from the National Association of REALTORS® (NAR) - looking for help from local agents on local outlooks of the local market.
Well, I believe all real estate is local, so it got my attention...
Apparently, NAR sends out over 3000 surveys each month to individual REALTORS® who have volunteered to offer their opinions on the trends and conditions of their local real estate market. 
The survey is known as the … (2 comments)

Real Estate Happy Days are Here Again! - 02/21/07 09:28 AM
Real Estate Happy Days are Here Again!   By John Occhi, Hemet CA REALTOR   Real Estate, Hemet CA   I recently received an email with an article that I found a fascinating read.  It turns out that the article only gave credit to the author - but not letting me know where it was originally published.  I did a quick Google Search and found the author - but not his article to link to
I felt that the article was so relevant and mirrored my feelings about the ‘bubble'.  Real Estate in Hemet CA has seen better days - this is true, however … (0 comments)

Did You Know...? - 02/20/07 10:05 AM
Did You Know...?   by John Occhi, Hemet CA REALTOR   Real Estate Hemet CA
We all receive email that circulates among the masses.  Some of it is humorous, some of it contains some really bizarre pictures, some of it offensive and some of it truly amazes me.
This morning I opened up a message from a known email circulator.  Many times his messages go ignored, because I just don't have the time - after all, I am a busy professional Hemet Realtor specializing in all things Real Estate in Hemet CA - so I just ignore most of what is not relevant to my … (5 comments)

774 N. Girard, Hemet CA 92544 - SOLD in 19 DAYS! - 02/20/07 02:51 AM
774 N. Girard, Hemet CA 92544
6/10ths of an Acre of flat useable land
Priced below Market for a Quick sale at only $294,900
2 Bedroom 2 Bath + Converted 2 Car Garage that can easily be modifed to be a free standing apartment

When they say they "don't build like that anymore..." they are referring to the pride that went into this post WWII construction of a wonderful home located on a large rural lot just a few blocks from Downtown Hemet and the new Super Wal-Mart in San Jacinto.  This home is the best of both worlds with its … (2 comments)

A Tribute to My Mom and the Nasty Cancer that Took Her - 02/19/07 12:00 PM
A Tribute to My Mom  and the Nasty Cancer that Took HerBy John Occhi, Hemet CA REALTORReal Estate, Hemet, CA
My mom would have been 73 years young today.  Some may think that is old, but my mom never did.  She drove around in a Mustang with a license plate frame that said "Recycled Teenager".
Unfortunately, just when she thought everything was going great in her life and enjoying it to the max - she got hit with the big fat ugly reality stick.
Mom had always been diligent about taking care of herself.  No, she never was an exercise freak and yes she … (2 comments)

The Bible & My Real Estate Business - James 1: 26-27 - 02/14/07 10:29 AM
The Bible & My Real Estate Business - James 1: 26-27   by John Occhi, Hemet CA REALTOR   Real Estate, Hemet CA
If you are just joining the study, please see the note at the end.
James Chapter 1, verse 26:  If anyone among you thinks he is religious, and does not bridle his tongue but deceives his own heart, this ones religion is useless. (27) Pure and undefiled religion before God and the Father is this: to visit orphans and widows in their trouble, and keep oneself unspotted from the world.I thought I was getting here a few days ago, but the Word … (2 comments)

So, You're Going to Move...10 Rules to Simplify Your Life - 02/14/07 01:36 AM
So, You're Going to Move...10 Rules to Simplify Your Life   By John Occhi, Hemet CA REALTOR   Real Estate, Hemet CA
Buying a new home can be extremely stressful, we all know that.  First we have to make sure we pick the right house, in the right neighborhood with the right schools.
Then we get through escrow - all of the financial matter.  Just nerve-racking.  Bet even then, once all of the papers have been signed and it is our homeowner insurance policy that now covers our new home, we still have to move.
Being former military for 10 years, I moved more than I … (0 comments)

The Bible & My Real Estate Business - James 1: 22-25 - 02/13/07 10:00 AM
The Bible & My Real Estate Business - James 1: 22-25   by John Occhi, Hemet CA REALTORReal Estate, Hemet CAThis is a continuing Bible study of the Book of James and the lessons it teaches Christians and how God speaks to me about my business, applying these lessons.  If you have not yet seen any of my previous posts, I suggest that you read this one first and then follow along in the next several studies that I have published here on ActiveRain.
JAMES, Chapter 1, verses 22-25:  But be doers of the Word and not hearers only, deceiving yourselves. (23) For … (0 comments)

Cell Phone Safety Update - 02/13/07 09:02 AM
Cell Phone Safety Update  by John Occhi, Hemet CA REALTORReal Estate, Hemet CAThis is not another article telling you to be careful when you are driving - we all know we should.  Nor is this an article telling you that you are sucking in alien electro-signals into your brain and the third generation of your offspring will be born green - or worse that you yourself will end up with cancer of the brain.
No, just a little bit of useful information that I just came across that I thought you needed to be aware of.  I have one tip that is … (11 comments)

The Bible & My Real Estate Business - James 1: 19-21 - 02/12/07 09:50 AM
The Bible & My Real Estate Business - James 1: 19-21   by John Occhi, Hemet CA REALTORReal Estate, Hemet CA  
Good morning.  If you are joining me for the first time, reading one of my Bible studies, I would ask that you go back to the beginning and see what it is that has motivated me to take on this task that I am being led to do.  Then you might want to follow the series to what I wrote on Saturday and then catch up with the part of my study I published yesterday.
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> 
JAMES Chapter 1, Verse 19-21
"So then my beloved … (1 comments)

Market Forecast with an Attitude!... Or What Are THEY Smoking? - 02/11/07 05:57 PM
Market Forecast with an Attitude!?  by John Occhi, Hemet CA REALTOR® Real Estate, Hemet CA
I was reading some industry news.  First I saw one article and then another that were each reporting on different economic indicators that when you add them all together makes things sound a bit optimistic., so I thought I would share.
First, David Lereah, NAR's chief economist believes that we are starting a cycle of steady increases in existing home sales.  His optimistic view is that we bottomed out 4th quarter 2006 - sounds good to me, but this alone is not reason to celebrate, is it? … (5 comments)

HEMET MARKET ANALYSIS - EXPIRED LISTINGS - DECEMBER 2006 - 02/11/07 02:50 PM
HEMET MARKET ANALYSIS - EXPIRED LISTINGS - DECEMBER 2006  by John Occhi, Hemet CA REALTORReal Estate, Hemet CA
In an earlier blog article I looked at the Expired listings throughout the year 2006, but I never finished December, since I wrote the last article on the subject on December 31st - and believe it or not, but in the last day of the year 7 more properties expired.
Before we get too deep into the Expired listings and what they mean to the market, let's take a look back at the blog I wrote last month, comparing 2005 and 2006.  Here is a … (0 comments)

The Bible & My Real Estate Business - James 1: 17-18 - 02/11/07 08:16 AM
The Bible & My Real Estate Business - James 1: 17-18   by John Occhi, Hemet CA REALTORReal Estate, Hemet CA  
This morning I continue my Bible Study in the Book of James.  If this is the first blog you have read of mine, where I am studying let me ask you to return and read my two previous posts.
I am attempting to write how the Bible and my faith in Jesus Christ affect my business on a daily basis.  There are many personal issues that I am working with, that I will not bring to this discussion.  This is strictly how … (15 comments)

The Bible & My Real Estate Business - James 1: 12-16 - 02/10/07 12:54 PM
The Bible & My Real Estate Business - James 1: 12-16   by John Occhi, Hemet CA REALTORReal Estate, Hemet CAI recently wrote a blog explaining why this series of posts are so important to me.  Please read about my motivation and then join me for my thoughts on the Book of James, Chapter 1, verses 12-16.
I started my study yesterday when I discussed the opening verses of James.  Please understand that I am reading the whole book and the whole Bible, verse by verse.  I suppose if I dwelled enough into every word, I could certainly find application to my business.  … (8 comments)

My Real Estate Business and a Christian Dilemma - 02/10/07 11:21 AM
My Real Estate Business and a Christian Dilemma  by  John Occhi, Hemet CA REALTOR® Hemet CA Real Estate I recently started a new morning routine, that I am now near the second week of, and so far I have done very well.  I think I am at the point where my routine is becoming automatic.
My alarm goes off at 5:00 a.m. - OK I lay in bed for a bit, but I am up in the kitchen making coffee before 5:30 and then I am up to about 20 minutes of stretching and exercise.
I know that 20 minutes does not sound … (31 comments)

HEMET MARKET ANALYSIS - By Zip Code - JANUARY 2007 - 02/09/07 01:50 PM
HEMET MARKET ANALYSIS - By Zip Code - JANUARY 2007by John Occhi, Hemet CA REALTORReal Estate - Hemet, CA
My last article I took a close look at all of the properties that sold in Hemet CA during the month of January, 2007 and compared to January 2006 & 2005 as well as the December preceding each January.
In this article, I want to look at the demographic differences between the three zip codes that make up Hemet - 92543, 92544 & 92545.
First I should define each zip code geographically to help the visitor understand the lay of the land.
Starting in the east, … (0 comments)

HEMET MARKET ANALYSIS - JANUARY 2007 - 02/09/07 12:40 PM
HEMET MARKET ANALYSIS - JANUARY 2007by John Occhi, Hemet CA REALTORReal Estate - Hemet, CA
With all of the talk of doom and gloom I suppose the one good thing is that we can't get upset when the news is less then stellar.  And that's what I have to report about the Hemet Housing market, looking back at January 2007.
None of the numbers that I will be reporting on will include homes that were sold without a REALTOR and the MLS - either through private parties or directly from the builders.  These numbers are strictly re-sale transactions that have been accomplished … (0 comments)

My Morning Routine, My Real Estate Business, ActiveRain & the Bible - 02/09/07 09:15 AM
My Morning Routine, My Real Estate Business, ActiveRain & the Bibleby John Occhi, Hemet CA REALTORReal Estate, Hemet, CA
An unusual title in today's politically correct non-secular world.
I start with my morning routine, because I was recently inspired to change it.  I have recently written a couple of articles about a free 3-day seminar I attended, presented by Tom Ferry (which I recommend - just know he wants to sell you a $500 a month coaching program).
One of the issues that was discussed and taught was to change my morning routine.  Well, I've known that for a while - but hearing it … (7 comments)

A Breakthrough - 02/02/07 11:15 AM
My Breakthrough on Creating Rapportby John Occhi, Hemet CA REALTORReal Estate, Hemet CAYesterday I wrote that I had attended a 3 day training presented by Tom Ferry, at the Riverside Convention Center.  The name of the program is TAG - The Appointment Game!. There was definitely a lot of energy and excitement in the air.I try to attend trainings on a regular basis, even thought I know the presenter has his agenda of selling me something.  OK, fair trade.  When I go, I am keeping a open mind looking for that one "A-ha" moment that can make a difference.
Now that I … (12 comments)

 
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John Occhi, ePRO, Temecula - Murrieta CA Real Estate, 951-443-6259

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