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buyers: Three Tips To Help You Present an Offer To Purchase With FHA or VA Financing - 01/11/10 01:19 AM
Buying Real Estate has turned into a tricky proposition if you are relying on financing - especially thed kind that does not require much cash out of your pocket - like VA and FHA financing.Here is an article I found that was published last month that pretty much sheds light on the best way to make a buyers offer stand out from the crowd.
Via America's #1 Mortgage Broker/858-777-9751:
If VA home loans and FHA mortgages are great for buyers, why won't sellers accept them? Debbie Rumsey suggested as much when she commented on my post about VA condo complex approvals, … (2 comments)
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buyers: Unpermitted: California's Secret Little Property Tax Revolt Is a Ticking Time Bomb - 01/04/10 02:45 PM
"Chad" (not his real name) THOUGHT he was one of the lucky ones. His house had sold, and the buyers were lender approved.
Then the appraiser delivered the devastating news that caused the whole transaction to blow up: The appraisal on Chad's house could not include the entire 700 square foot downstairs area that had been converted into a cool media room, bathroom, and office. Why?
The conversion of the basement had been UNPERMITTED (done without permits). Why UNPERMITTED? TO AVOID AN INCREASE IN PROPERTY TAXES.
This is a story that pits an underdog (overtaxed, over-mortgaged Californians living in "high cost" areas) against bureaucrats (cash … (12 comments)
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buyers: The Most...and The Least Expensive Places to Live in the U.S.A. - 12/10/09 01:17 AM
I just came across an interesting article on CNNMoney that breaks down the top and bottom 5 places to live in this country, based on affordability.
Most Affordable
Indianapolis - INMedian home price: $105,000Median income: $68,100Affordability score: 94.5% Youngstown, OHMedian home price: $72,000Median income: $54,300Affordability score: 93.9% Detroit, MIMedian home price: $84,000Median income: $57,100Affordability score: 92.2% Warren, MIMedian home price: $140,000Median income: $79,000Affordability score: 91.8% Grand Rapids, MIMedian home price: $103,000Median income: $63,100Affordability score: 91.4% - 5th best These are the top 5 MOST affordable places to buy a home, in the U.S.A. To look deeper into this data you will discover … (8 comments)
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buyers: URGENT: BUYERS AND BUYERS AGENTS: PAY ATTENTION TO THIS...NOW! - 10/03/09 01:43 PM
Ok, let me start off by saying that I am an REO Listing Agent in the Hemet - San Jacinto Valley in Southern California - right at ground zero for the current housing crises. I have been working with the banks since 2006...so please believe what I am about to share and believe that I have some clue as to what I am talking about.The real estate market has been driven by consumers wanting to get in on the government action and take advantage of the $8,000 tax credit that has been the subject of many discussions for months and everything … (15 comments)
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buyers: Do Buyers Think They are Getting Slick? - 09/20/09 02:37 AM
Real Estate Sales is just as complex as the markets we serve. As the market evolves so do the strategies of agents trying to get their next deal into escrow. This is a tale of what is going on in the Hemet - San Jacinto CA Valley and what one REO listing agent is doing to try and stop the process before it ever gets out of control.I realize that first time buyers are frustrated by ‘the system' and that they want to take advantage of the current real estate market while they still can. Many fear that the market will … (116 comments)
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buyers: What Pitfalls Might a FSBO Encounter? - Part 2 - 03/04/07 08:13 PM
What Pitfalls Might a FSBO Encounter? - Part 2 by John Occhi, Hemet CA REALTOR® Hemet CA Real Estate
I recently started a series of articles there I look at some of the pitfalls that a For Sale by Owner seller is likely to encounter. In the first article I discussed the intricacies of pricing Hemet CA real estate so that it will sell in a reasonable amount of time without leaving money on the table.
In this article I explore t5he difference in how a Hemet REALTOR might market a property for sale and how a FSBO seller might try and … (0 comments)
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John Occhi, ePRO, Temecula - Murrieta CA Real Estate, 951-443-6259
Murrieta,
CA
More about me…
Exit Twin Advantage Realty
Address: 39755 Murrieta Hot Springs Rd., Suite G-110, Murrieta, CA, 92563
Cell Phone: (951) 443-6259
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