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home: What Can You Buy for a Million Bucks? - 01/17/10 11:55 AM
I have said for a long time that the Hemet - San Jacinto CA real estate market is one of the most affordable in the country and that a buyer with $200,000 could buy just about anything we have listed in our local MLS.So I got to thinking, what could a million bucks buy in different markets across the country? so, I jumped over to Zillow to do some research and check out what I found. with a search criteria of $950,000 to $1,25,000...
HEMETUnfortunately, there is nothing in this field in the local Hemet - San Jacinto real estate … (9 comments)
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home: Power to the People: RESPA Rules Change on January 1, 2010 - 01/01/10 02:57 PM
The Dawn of a New Decade brings the Dawn of Consumer Rights When Shopping for a MortgageJanuary First is typically a day when many new laws across the land become effective...and this year is no different. The Department of Housing & Urban Development made one very important change to the Real Estate Settlement Procedures Act of 1974 law that is known as RESPA in the industry is now mandating that ALL mortgage lenders provide the consumer with the same information in the same format.There is no doubt that this is too little too late for the homeowners who are currently at … (80 comments)
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home: How Do I Find the Right Hemet - San Jacinto Agent for Me? - 12/28/09 12:56 AM
A universal question that homeowners everywhere, including the Hemet - San Jacinto Valley, CA, must ask themselves as they prepare to either buy or sell a home - a decision that will have an impact on their lives for years to come.
I strongly believe that "All Real Estate is Local and Your REALTOR® Should Be Too!" So, to begin with, think locally. Select someone who is very familiar with your neighborhood and the properties for sale in it. Then, if you are selling, say, a condominium, choose an agent with expertise selling apartments to potential homeowners.
Because you will want … (2 comments)
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home: REPEAT BUYER: SELL FIRST OR BUY FIRST? That is the Question! - 12/28/09 12:50 AM
The year 2010 is going to be an excellent year for the repeat buyer to move up in this down market. The Hemet - San Jacinto real estate marketplace is a field of dreams for repeat buyers with equity in their existing homes. I have been covering various aspects of this concept in a number of articles I've recently written.In this article, I want to answer the question many Hemet - San Jacinto homeowners contemplate and need to know how to proceed. The question, of course, "Should I sell my current home before I buy?" and then, "What Happens if I … (1 comments)
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home: What is the REALTORS® JOB IN A HOME INSPECTION? - 12/23/09 12:12 PM
Buying a home has many different aspects. As a REALTOR® my job begins when I first meet my buyers and LISTEN to what they are looking for. If I believe I can HELP - then we are off to look at houses, until we find the right home in the right neighborhood.My job, as a REALTOR® then progresses as I help draw the offer, making sure we cover all of the important issues to my buyer and structure the offer so we have the best opportunity to beat out other offers that are probably competing for this home, in the current … (59 comments)
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home: What Should I Do to Prepare My Hemet - San Jacinto, CA Home For Sale? - 12/23/09 10:39 AM
Start by finding out its worth. Contact a Top Agent for a comparative market analysis, an informal estimate of value based on the recent real estate selling price of similar Hemet - San Jacinto, CA neighborhood properties. Or get a certified appraiser to provide an appraisal.My own personal speciality is to provide a proprietary Master Market Analysis, or MMA - it's like a CMA on steroids.
Next, get busy working on the home's appearance. You want to make sure it is in the best condition possible for showing to prospective buyers so that you can get top dollar. This means fixing or … (4 comments)
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home: Questions to Ask an agent Interested in Selling Your Hemet - San Jacinto CA Home - 12/22/09 12:56 PM
Questions to Ask an agent Interested in Selling Your Hemet - San Jacinto CA Home
When considering the sale of your Hemet - San Jacinto Valley, CA home you should Interview at least three local agents who sell homes in your community. Ask them about the following:
Home Value. The agents should inspect the home and prepare a written Comparative Market Analysis, or CMA. The report will cover similar homes to yours based on age, size, features and location. The other homes considered will include Active MLS Listings, Sold MLS Listings in the last 3 months and Pending MLS Listings to … (4 comments)
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home: The dream of home ownership still exists and still makes sense …GOOD sense! - 12/21/09 01:49 AM
In the Hemet - San Jacinto CA marketplace there are excellent opportunities for home ownership.In San Jacinto, CA, we even have a city sponsored first time buyer program where the city will contribute, as a grant, 6% of the purchase price of a San Jacinto home. There are very few restrictions on this grant and decisions are made quickly.The grant money can be used for either the down payment, closing costs or a combination of both.Call me at 951-443-6259 to find out more and get the process started before the City of San Jacinto runs out of funds.
Via Richard … (2 comments)
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home: When is the Best Time to Sell a Hemet - San Jacinto, CA Home? - 12/21/09 01:47 AM
The best time to sell a home in the Hemet - San Jacinto, CA Valley is when you are ready, or when you must. That is, when you have outgrown the space in your current home, or you prefer to trade down to something larger or smaller. Perhaps your martial or family status has changed, which necessitates a move, or you need to relocate for a job.
Market conditions also play a role, as do seasonal conditions. For example, your chances of getting top dollar for your home are more likely in a seller's market, when demand outweighs supply, than in a buyer's … (1 comments)
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home: What Else Should I Know About Selling my Hemet - San Jacinto, CA Home? - 12/21/09 01:47 AM
Once your Hemet - San Jacinto, CA home is available to be shown, strive to keep it in tip-top shape. This will require a lot of effort on your part, but you want buyers to feel welcomed and not turned off by unmade beds, cluttered floors and grungy bathrooms. Remember, you never know when a buyer will want to see your home - and there may not be anyone at home to make the necessary arrangements.Realize, too, that your life will be temporarily inconvenienced, when selling real estate. When an agent-yours as well as others-calls wishing to bring a buyer to … (1 comments)
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home: Some of the Costs Associated with Buying and Selling a Hemet - San Jacinto, CA Home - 12/21/09 01:45 AM
It does not matter if you are looking to buy or sell real estate in the Hemet - San Jacinto CA marketplace, there are going to be costs associated with the transaction. There are times when the seller will cover the costs for the buyer or perhaps the buyer may even be eligible for a grant, such as the one that the City of San Jacinto is currently offering for First Time Homebuyers. I have a local expert, Hilary Wilkinson form Patrion Mortgage (Altura Credit Union) that knows more about all of the various programs and assistance available than anyone I … (0 comments)
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home: Is a Quick Sale of My Hemet - San Jacinto, CA Home Possible in a Slow Real Estate Market? - 12/20/09 04:23 PM
When selling a home in any real estate market, one of the most important things to consider is price. You may want to reduce the price of your home or, at the very beginning, set it at a low price that will generate more buyer interest. You will best be served by getting in front of the market, when trying to sell your Hemet - San Jacinto, CA home rather than chasing the market with price reductions.Cash is often an incentive, both for the buyer as well as the agent. You could offer the buyer a $1,000 to $2,000 decorating rebate … (3 comments)
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home: Tips for Selling a Vacant Home in the Hemet - San Jacinto Valley, CA - 12/20/09 04:02 PM
Once furniture is removed from the home, you will notice all kinds of imperfections you never paid attention to before-rips in the carpet, holes in the walls, and dinginess. In an empty Hemet - San Jacinto, CA house, everything stands out. What you see is what potential buyers will also see. So you may need to paint, tear up old carpet, and replace the kitchen floor. These repairs are often referred to as "Cosmetics" and if done right should not only recoup the cost of the cosmetic repairs but be able to separate your Hemet - San Jacinto, CA home for … (3 comments)
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home: Should I Sell My Hemet - San Jacinto, CA Home First or Wait Until I Have Bought Another Home? - 12/20/09 11:27 AM
This is a tough decision, but the answer will depend on your personal situation, as well as the condition of the local Hemet - San Jacinto CA housing market at that time.
If you put your home on the real estate market first, you may have to scramble to find another one before settlement, which could cause you to buy a house that does not meet all your requirements. If you cannot find another home, you may need to move twice, temporarily staying with relatives or in a hotel.
On the other hand, if you make an offer to buy first, … (3 comments)
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home: Moving Up in a Down Market - What the Media Isn't Telling You about Real Estate - 12/18/09 11:55 PM
As an active REALTOR® in the Hemet San Jacinto, Ca real estate marketplace, I am repeatedly asked specific questions about today's real estate market - especially in today's economy. In an effort to provide more information to my community, I am publishing this Top 5 in Real Estate Social Networking Systemsm "e-Article," in which I provide useful real estate information to my real estate networks. If you find the enclosed information beneficial to your family and friends, I encourage you to forward it to your "social network" as well.
Moving Up in a Down Market - What the Media Isn't Telling You … (9 comments)
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home: Pre-Listing Video - 2521 Linden, Hemet, CA 92545 - 12/18/09 11:09 AM
Cash For Keys Home has been Surrendered at bank owned home (REO) located at 2521 Linden, Hemet, CA 92545 Why is it important that this was a cash for keys home, you ask? Good Question. You see when the homeowner stays in the property to the very end and the bank pays them to move, assuming the home is left in 'broom clean' condition with all of the appliances and fixtures it typically has a better chance of being in better care than when homeowners move out and abuse the homes before they leave...often stripping appliances, fixtures and even outlet covers … (4 comments)
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home: Closing Cost - What Are They and Can I Save Money on Them? - 12/12/09 11:05 AM
When a home for sale is bought and sold in the Hemet - San Jacinto Valley, CA the process will typically go through escrow to facilitate the transfer from the home seller to the homebuyer. The expenses of the transaction, other than the actual purchase price are generally lumped together and commonly referred to as ‘Closing Costs".Both the buyer of the real estate, and the seller of the home typically incur Closing Costs but it is often negotiable as to who will actually pay these expenses...depending on both local custom as well as what the buyer and the seller negotiate between … (6 comments)
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home: 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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home: Hemet - San Jacinto CA Short Sale: What is a Short Sale Package? - 12/09/09 08:10 PM
When a local Hemet - San Jacinto CA REALTOR meets with a local homeowner to discuss selling the home as a short sale, the topic of conversation turns to the documentation that the seller will have to produce to establish the fact that they can no longer afford to keep the home. I often tell the homeowner it is as if they are un-qualifying for a home loan.
Each lender has their own formats of how they want the package submitted for their review and ultimate approval. Yes, you will find similarities between various lenders - but you must understand and … (4 comments)
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home: HEMET - SAN JACINTO, CA SHORT SALES: Who & What is Involved - 12/08/09 03:59 PM
Short sales in the Hemet - San Jacinto Valley, CA are a complex sale of residential real estate where the net proceeds from the sale of the home are insufficient to cover the sellers mortgage obligations as well as the closing costs that may include, but not be limited to, property taxes, transfer taxes and real estate commissions. Many homeowners in the Hemet - San Jacinto Valley, CA What really makes a real estate transaction a short sale is all of the above AND the seller is unable or unwilling to cover the difference. Short Sales go by different names in … (2 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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