california: Hemet Market Snapshot: June 1st through September 21st - 2007 Compared to 2008 - 09/21/08 06:38 PM
I was very disturbed when I red an article earlier this month that my local market had dropped in value by a full 9% in just one month.Hello, I live here and work this market full time - every day and yes, I have seen a drop month after month - … (3 comments)
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california: REO – Agent Training and Marketing –Redemption - 09/21/08 10:52 AM
With so much information available on the Internet it is no reason that consumers are often confused on any number of topics. Well, the amount of information published about REO’s is no exception.
Nearly 40% of the States in America DO NOT provide for the defaulted home borrower to redeem … (1 comments)
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california: Learn More About The Hemet- San Jacinto Valley: Check Out Google Earth - 05/15/08 10:05 AM
This is my house - in the Foothills of Hemet, California
The Hemet – San Jacinto Valley is not a typical location that many people relocate to because of the traditional reasons, such as a job or school. The Hemet San Jacinto Valley is a rather isolated destination, tucked … (0 comments)
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california: Investor Number Krunching – A New Web Based Tool - 05/14/08 10:53 PM
Investor Number Krunching – A New Web Based Tool There is a mew website, Krunching, that once it becomes known should become as common place in the world of real estate websites as Zillow, Trulia, PropertyShark, RealtyTrak, ForeclosureRadar and all the other innovative sites that are transforming the real estate … (4 comments)
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california: REO – Secure the Property - 03/18/08 11:26 AM
When a REO property is assigned to The REO Team, in Hemet CA and The REO Team has determined that the REO property is vacant it must be immediately secured to prevent unauthorized entry and trespassing by either the former occupant or anyone else who may want to occupy the property, … (6 comments)
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california: Placing a Bid to Purchase a Bank Owned Hemet Home - 03/17/08 01:09 PM
Buying an REO home or other real estate in Hemet, CA (or elsewhere) can be a daunting experience, at best. The process appears to be fairly straight-forward, from the beginning. The banks each have their own proprietary addendums to our California Purchase Agreement which ends up negating many of the key … (0 comments)
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california: Is A Hemet Bank Owned REO Home Going to Be a Good Deal in the Long Run? - 03/17/08 10:48 AM
The question of whether a particular bank owned REO (Real Estate Owned – Bank foreclosure) home is as good a deal as it first appears can only be answered by the buyer performing their own due diligence…and not stopping until they have the answers they need. THE HOME INSPECTION Yes, it … (1 comments)
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california: Cash For Keys…How I Have Such a Huge Close Rate - 03/16/08 02:10 PM
Cash For Keys…How I Have Such a Huge Close Rate In a previous article I discussed the theory and mechanics of a typical Cash For Keys program. In this article I am planning on sharing how I have tweaked my presentation to the point where I have obtained signatures and successful … (19 comments)
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california: I Don’t Get It? The Bank Forecloses on Their Home and then Pays Them to Move…or Why Cash For Keys - 03/15/08 01:59 PM
I Don’t Get It? The Bank Forecloses on Their Home and then Pays Them to Move…or Why Cash For Keys It should be more than obvious, by the time an REO property is assigned to a local Real Estate Agent, that the bank wants’ the property back so they can liquidate … (12 comments)
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california: OK, I have an REO Listing…Now What; Or What is an Occupancy Check? - 03/15/08 02:05 AM
OK, I have an REO Listing…Now What; Or What is an Occupancy Check? I can remember the thrill I get every time I receive a text message on my cell phone that I have been assigned a new REO listing. It really is exciting, and yet unlike any other listing you … (11 comments)
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california: REO - Start With a Simple BPO and the Basic Tools of the Trade - 03/14/08 10:13 PM
REO - Start With a Simple BPO and the Basic Tools of the Trade
This series of articles is based on my personal experience as a Hemet REALTOR® who now specializes in listing and selling REO property for banks and Asset Managers throughout South West Riverside County and The Pass Area … (14 comments)
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california: How I Got To List REO's...or No, Not Another Free BPO! - 03/14/08 09:38 AM
My business today is focused on the REO market and working directly with banks and Asset Managers – taking the REO listings and selling them in our area. What I would like to do here is answer the question of what does it take to break into this business, as I … (50 comments)
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california: Busier than a One Armed Man in a Wall Paper Hanging Contest - 03/14/08 12:07 AM
Busier than a One Armed Man in a Wall Paper Hanging Contest I seem to once again slip from my blogging routine. Gosh, I know how important a good blog strategy it to any business in this day and age. I feel like I have taken a step backwards in time, … (12 comments)
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california: The Foreclosure Timeline: California Style - 01/20/08 07:37 PM
California is a non-judicial state when it comes to the different types of foreclosure. Although in rare circumstances a lender can pursue a judicial foreclosure in California it is very rare As a non-judicial foreclosure state, the lender can foreclose on the property without involving the legal court system. In California, … (1 comments)
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california: When Do You Walk Away...and When Do Your Run? - 12/02/07 12:10 PM
Real Estate investing in Hemet CA has many excellent opportunities for the seasoned real estate investor as well as the first time investor...and even the first time homebuyer.
The Hemet market values are rapidly approaching the bottom. I say this, because I am constantly now seeing deals that will have a positive … (12 comments)
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california: Can A Hemet Realtor Help a Hemet Homeowner in Foreclosure? - 09/24/07 12:53 PM
Many times I hear Hemet homeowners ask if I can "Help save my home from foreclosure?" or as a Hemet REALTOR® can I "Stop the foreclosure?"I wish I could just answer "Yes" to every one of the times I am asked...but there are limitations and never any guarantees. There is only … (5 comments)
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california: Help Save My Home From Foreclosure: Myth Buster #1 - My Mortgage Company Wants My House Rather Than Working out a New Payment Plan - 08/29/07 01:10 PM
Help Save My Home From Foreclosure: Myth Buster #1 - My Mortgage Company Wants My House Rather Than Working out a New Payment Planby John Occhi, Hemet CA REALTOR®Hemet CA Real Estate PreForeclosure Consultant As a REALTOR® in the Hemet San Jacinto valley of Southern California,I am becoming known as … (18 comments)
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california: California Association of Realtors Trying to Make Our Job Easier - 08/23/07 12:42 AM
California Association of Realtors Trying to Make Our Job EasierBy John Occhi, Hemet CA REALTOR®Hemet CA Real Estate
The California Association of REALTORS® (CAR) just published its regular e-newsletter with a link to a newly designed chart that has just been released to help a California REALTOR® determine what disclosures are necessary … (8 comments)
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california: Common Mistakes When Analyzing a Real Estate Deal: The Clock - 08/12/07 11:06 AM
Common Mistakes When Analyzing a Real Estate Deal: The Clockby John Occhi, Hemet CA REALTOR® Mission Grove Realty
If you Want to Read More about Other Common Mistakes Made when Purchasing Real Estate, Follow This Link.
So many times a good real estate deal is lost due to the clock. No, … (8 comments)
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california: Foreclosure Rates Continue To Climb in California - 07/30/07 07:18 PM
Foreclosure Rates Continue To Climb in Californiaby John Occhi, Hemet CA REALTOR Hemet CA Real Estate
There are no surprises in the Mid-Year Report that was released today by RealtyTrac, an online leader in foreclosure property information. Foreclosures continue to increase across the country. See, no surprise.What is new to the … (2 comments)
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california: When Does a REALTOR® NOT Sell A HOME? - 07/28/07 12:09 AM
When Does a REALTOR® NOT Sell A HOME? by John Occhi, Hemet CA REALTOR® Mission Grove Realty
As a REALTOR® working the Hemet San Jacinto market I find many homeowners are upside down in their homes, finding themselves in preforeclosure. Many feel as if they have to sell their home because … (1 comments)
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california: Hemet two of 138 California Zip Codes Ranked in Top 500 for Foreclosures - 06/26/07 12:19 PM
Top 500 Zip Codes for Foreclosuresby John Occhi, Hemet CA REALTOR Hemet CA Real Estate
I recently wrote a blog post where I provided a Foreclosure Heat Map that was provided by RealtyTrac.
RealtyTrac does pretty much what its name implies - they track real estate data - focusing on the … (1 comments)
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california: Hard Questions A Bank Must Ask About a Short Sale - 06/17/07 01:36 PM
Hard Questions A Bank Must Ask About a Short Saleby John Occhi, Hemet CA REALTORHemet-San Jacinto Valley Real EstateThe Hemet-San Jacinto Valley real estate market is becoming more and more influenced by short sales and foreclosures as the year 2007 marches on.
I addressed this issue in my February 5, 2007 blog … (0 comments)
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california: What Pitfalls Might a FSBO Encounter? - Part 4 - 03/05/07 12:34 AM
What Pitfalls Might a FSBO Encounter? - Part 4 by John Occhi, Hemet CA REALTOR® Hemet CA Real Estate
The For Sale by Owner Seller in Hemet, CA - like any other community in the country - is likely to run into at least one pitfall that they were not ready … (4 comments)
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california: What Pitfalls Might a FSBO Encounter? - Part 3 - 03/04/07 08:43 PM
What Pitfalls Might a FSBO Encounter? - Part 3 by John Occhi, Hemet CA REALTOR® Hemet CA Real Estate
This is the third article in a several part series on the potential pitfalls that a For Sale by Owner (FSBO) is likely to encounter when selling their Hemet FSBO real estate … (0 comments)
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california: 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 … (0 comments)
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california: What Pitfalls Might a FSBO Encounter? - Part 1 - 03/04/07 07:56 PM
What Pitfalls Might a FSBO Encounter? - Part 1 by John Occhi, Hemet CA REALTOR Hemet CA Real Estate
In today's Hemet CA Real Estate market, it seems like more and more sellers are starting the process of selling their home on their own without the use or expense of … (4 comments)
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california: Real Estate Outlook for 2007 - Part 2: A Review of 2006 - 03/04/07 12:22 PM
Real Estate Outlook for 2007 - Part 2: A Review of 2006by John Occhi, Hemet CA REALTOR®Hemet CA Real EstateIn my previous article we examined why the media is always looking for negative news and why the real estate slowdown is as newsworthy as Y2K and the Bird Flu.
In this part, … (2 comments)
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california: Real Estate Outlook for 2007 - Part 1: A Look at the Media - 03/04/07 11:30 AM
Real Estate Outlook for 2007 - Part 1: A Look at the Media by John Occhi, Hemet CA REALTOR® Hemet CA Real EstateI wrote an article recently about how numbers can be manipulated to serve a point or particular agenda. It was appropriately titled, "Figures Don't Lie...Liars Figure". The truth is … (5 comments)
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california: 2656* S. Cornell St, Hemet CA 92544 - SOLD in 3 DAYS!!! - 03/03/07 01:22 PM
2656* S. Cornell St, Hemet CA 92544...or
One Man's Trouble is another Mans Profit!
by John Occhi, Hemet CA REALTOR
Short Sale Real Estate, Hemet CA
I recently took a listing for a home from a single man that has his son and his son's wife and 2 young children living with … (2 comments)
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california: 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 … (18 comments)
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california: 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 … (13 comments)
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california: 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 … (2 comments)
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california: 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, … (0 comments)
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california: Analysis of the Hemet REAL ESTATE MARKET Part 2 - SOLDS - 01/26/07 11:52 AM
Analysis of the Hemet REAL ESTATE MARKET Part 2 - SOLDSBy John Occhi, Hemet REALTOR®Hemet CA REAL ESTATE
An in-depth look at the analysis of SOLD properties covering a 2 year period, broken down by month, comparing the numbers to the previous month as well as the same period a year earlier. … (1 comments)
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california: A "Localism Tip" and How to Leverage the Search Engines - 01/14/07 12:25 AM
A "Localism Tip" and How to Leverage the Search Enginesby John Occhi, Hemet CA RealtorHemet CA Real Estate
The weather in Southern California has been very cold the last few days and we have had some very light rains in Hemet. Obviously though, other areas received much more, than what we have … (32 comments)
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california: NEW LAW ALERT & RANT: 60 Day Evictions - 01/13/07 02:23 PM
NEW LAW ALERT & RANT: 60 Day Evictionsby John Occhi, Hemet CA RealtorHemet CA Real EstateIn California as well as other states and the country as a whole, many new laws go into effect on New years Day.
2007 Is no different. Some of the new laws are pretty bizarre and just … (4 comments)
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california: Does ANYONE really Know What Makes Google Work? - 01/13/07 01:40 PM
Does ANYONE really Know What Makes Google Work?by John Occhi, Hemet CA RealtorHemet CA Real EstateI recently wrote a blog post about the great success I found with ActiveRain - achieving a first page ranking for my most coveted key phrase, "Hemet CA Real Estate". That was the early morning hours … (10 comments)
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california: Another Example of "Figures Don't Lie, Liars Figure" - 01/09/07 11:47 PM
Another Example of "Figures Don't Lie, Liars Figure"by John Occhi, Hemet, REALTOR®Hemet CA Real Estate
Earlier I wrote a blog article about the figures that are used in analyzing a market and explained a bit how they could be manipulated. I used the figures I downloaded from my own local Hemet MLS … (0 comments)
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california: Why My Clients Never Ask me for a Discount! - 01/08/07 11:58 PM
Why My Clients Never Ask me for a Discount!by John Occhi, Hemet REALTOR®Hemet CA Real Estate
Helping a Client make the right decision is an important task, one that I just discussed in my most recent blog post here on Active Rain. If you have not yet read it, I suggest you … (3 comments)
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california: Market Analysis: Johnston Ave, Hemet California - 01/06/07 11:12 PM
Market Analysis: Johnston Ave, Hemet Californiaby John Occhi, Hemet REALTORHemet CA Real Estate
If you read my earlier post of today, you'll know I was out with a client shopping for a home - looking for Hemet CA Real Estate.
I shared with you what I thought was one of the great values … (0 comments)
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california: Market Analysis: Thornton Ave, Hemet California - 01/06/07 10:59 PM
Market Analysis: Thornton Ave, Hemet Californiaby John Occhi, Hemet REALTORHemet CA Real Estate
Today I went out with a buyer looking to find a home for her two daughters to live in. One has a 2 year old and the other is due with her first child in a few months and … (0 comments)
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california: Government Releases a New CHARM - 01/06/07 12:23 PM
Government Releases a New CHARMby John Occhi, RealtorHemet CA Real Estate
I read this morning that the Federal Reserve Board has published a revision to their book, the Consumer Handbook on Adjustable-Rate Mortgages (the CHARM booklet).
Last month, I published my own article where I discussed some of the different loan options - … (4 comments)
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california: A Snapshot at the California Real Estate Market - 01/03/07 09:44 PM
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california: What Style is that Home? - 01/03/07 12:04 AM
What Style is that Home?John Occhi, Hemet REALTOR®
I was reading REALTOR Magazine online and found an interesting article about replacement windows, which I enjoyed since I was very successful at selling these a few years before I got my real estate license.
Well as the internet often does, one page led to … (1 comments)
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california: Just when we thought we saw the Kinkiest of Loans... - 12/28/06 12:02 PM
Just when we thought we saw the Kinkiest of Loans...by John Occhi, HEMET REALTOR
I was catching up on my reading this week and looked back at a trade newsletter I receive, that was sent out before Christmas. Usually some good stuff and sometime some pretty off the wall stuff. Well, I … (2 comments)
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california: Why Can California Property Taxes be Reduced? - 12/27/06 03:48 AM
Why Can California Property Taxes be Reduced?by John Occhi
Building up to my Real Estate career, I have been involved over the years, in many aspects of the industry. I have worked with contractors providing home improvements, I have inspected and retrofitted mobile homes for earthquake and other safety issues, I owned … (2 comments)
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