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real estate: CAR Court Decision - 12/18/07 10:53 AM
I don't know if many of you read the CAR bulletin about issues we face, but I hope most got to see the judgement that was placed yesterday about the Home Equity Purchase Agreement.
For those of you in states not as sue happy as California, we have a specific contract which is to be used when a noticed of default has been recorded against a property. This contract, also know as, the home equity purchase agreement requires that the agent representing the buyer is insured and bonded for twice the value of the property.
The judgement further acclimated why we as agents … (1 comments)
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real estate: Alliance Title Woes - 12/14/07 10:45 AM
In a very woe is me Edgar Allen Poe way, I find it hard to believe what is taking place in the local California Market. For those of you who have not heard yet, the title company with the largest market share in Northern California have shut their doors, 2 weeks before Christmas and in the midst of the holiday season. Part of the problem could be they have bounced checks to their landlords for the last 3 months!
The reason I find this very hard to believe is quite frankly I thought people had business sense, but I am … (6 comments)
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real estate: Practice makes perfect? - 11/19/07 04:48 PM
Have you heard the term, practice makes perfect? Well, I think we all have, but this cliché is flawed. Practice does not make perfect, it makes permanent. Perfect practice makes perfect. We stress in our business to do the right thing all the time, however, many of us practice doing the wrong thing and it makes it permanent.
If it is something that we enjoy we are able to easily institute it in our daily lives, like a trip to Starbucks, eating McDonald's, doing anything that brings personal satisfaction for a couple of moments. On the other hand, talking on … (2 comments)
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real estate: 6830 Blue Gum, Modesto, CA - 11/14/07 05:32 PM
This is a remarkable ranchette in Modesto, CA. Over 15 acres for the entire property included are 3 homes, the main home is over 2400 square feet, 3 bedroom and 3 bathrooms, new granite counters and beautiful cabinets. The second home is a 3 bedroom 1 bath 1100 square feet of harwood floor paradise, with it's own attatched parking and personal backyard. The last is a little 600 square foot bungalow 1 bedroom and 1 bathroom. The property has 10 acres of almonds, over 50 chestnut trees, and 2 squab houses. All is offered at $1,050,000.
For more information check out www.MoveModesto.com
… (2 comments)
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real estate: Motivation for Today - 11/14/07 04:30 PM
We had a saying in the army that false motivation was better than no motivation at all. I feel that we as agents can learn a lot from this mantra and know that sometimes we have to fake it in order to make it. My wife comes to me all the time and tells me how many people say, "Your husband is in real estate tight? Wow, must be hard for you two." She responds with a resounding no, not really, he is having his best year to date, a fact that I am really proud of. They congratulate us … (4 comments)
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real estate: Who gave you permission? - 11/13/07 06:52 PM
How many of us have said that we need to get back to basics in this market? The we being all of us in the industry, title, loan officers, and agents. I am sure it has been said in a sales meeting or two. It has been hammered into us at trainings and seminars. Dick Dillingham asked us a great question just a few weeks ago in response, who gave you permission to leave the basics in the first place?
He brings up such a great point for all of us to follow. Why did we leave in the first … (0 comments)
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real estate: Wonderful Estate in Oakdale, Ca - 10/30/07 12:00 PM
This is a wonderful property located in Oakdale, Ca. It is a 4400+ square foot home with 4 bedrooms and 5 bathrooms. This estate is located on just less than 5 acres and has a tranquil creek running through the back of the property. Granite counters on all kitchen and bathroom counters. It has cat-5 wiring throughout, braced and wired for flat screen televisions. Crown molding, closet organizers, 3 heating and air conditioning systems are just a few of the amenities. Wine connoisseur? You will love the 200+ wine storage room, that is hermetically sealed and humidifier controlled.
Check out … (3 comments)
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real estate: Scare Tatics - 10/30/07 11:01 AM
The Modesto Bee here in Modesto, Ca has decided to run a 3 day "expose" of real estate in the Northern San Joaquin valley. We have had the highest forecloasure rate in America for the last 4 months. It was a very doomsday style article, quoting people who prophesized the market will remain down for 3 more years, rents are going to go under, the possibility that the economy will get even worse.
I prefer to start positive, and property is always worth buying, always. Flipping is an art, and in every market and every situation you have to have a deep … (0 comments)
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real estate: Why now is the time to purchase REO's / Foreclosures - 09/14/07 11:43 AM
What a lot of people do not yet realize, this is the time to purchase foreclosures in real estate. Banks are going to need the write-offs when the first of the year rolls around. In order to get the write-offs most are going to negotiate a little bit more, or come down in price a little bit more. When approaching the banks with the intent to purchase make sure who actually is the one servicing the loan. Once you find out, for example, Countrywide, you will want to get pre-approved, or pre-qualified through them. The reason for this is if they … (0 comments)
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Nick Cameron
Modesto,
CA
More about me…
Keller Williams
Address: 1001 Sylvan Ave. Bldg. A, Modesto, CA, 95350
Office Phone: (209) 496-9273
Cell Phone: (209) 896-6775
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