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livermore ca real estate steve eveleth http://www.steveshomesearch.com/

Steve Eveleth ( StevesHomeSearch.com) — Fri, 11 Sep 2009 12:57:50 -0500

STEVE EVELETH LIVERMORE CA REAL ESTATE NEWS

50 reasons to work with Steve Eveleth

•1) Advise, protect & share my current market experience with you.

•2) "pull strings" with the banks when it comes time to pull the trigger

•3) Structure your offer package properly & get submitted quickly

•4) Get you inside your negotiation process so you know EXACTUALTY what's going on

•5) Know the right times to shop with least amount of competition

•6) Get your offer submitted before the rest of the heard

•7) Write multiple offers for you when other agents wont

•8) Stay on top of new listings for you daily

•9) Give you no bs advise instead of telling you what you want to hear

•10) Get you access to every bank owned property available in the Bay Area/Central Valley

•11) Pull recent comps before we write an offer so you know you're getting a good deal

•12) Answer my phone and or return your calls promptly during normal business hrs

•13) Shadow your financing to ensure a timely close

•14) Show up with you at home inspections, help you make the right decisions

•15) Call ahead of time to make sure properties are available BEFORE we look at them

•16) Monitor critical contractual timeframes for you

•17) Provide you with flexible time to show you properties

•18) Review your finance terms to make sure you are getting a competitive rate & terms

•19) Help you determine commute hrs on & off hrs to your new home

•20) Make sure you are provided with proper property disclosures in a timely manor

•21) Negotiate your closing costs for you

•22) Save you as much money as possible out of pocket with your transaction

•23) Make sure your new property is properly insured

•24) Advise you on what to offer to beat out multiple offer situations

•25) Make you feel secure & taken care of throughout the course of your transaction

•26) Point out important details of home you may not be aware of

•27) Put your needs before mine

•28) Negotiate a 1 yr home warranty with your purchase paid by seller

•29) Try to get the seller to pay for as much of all fees as possible saving you money

•30) Provide you with references to contractors/handyman services

•31) Negotiate buyer requested repairs when possible

•32) Make sure your contract is written with best terms possible for you

•33) Make sure your deposit is protected throughout course of your transaction

•34) Leverage current market conditions to get you the best deal possible

•35) Get a hold of you immediately with any important details & status

•36) Email you daily with any new listings while we are shopping

•37) Have long term established relationships with banks to get you taken care of

•38) Show you EVERYTHING available in your price range

•39) Show you properties before they hit MLS, get your offer in quick

•40) Review all property disclosures with you

•41) Make sure your real estate file is complete before closing so no hang ups

•42) Utilize your time when out shopping doing foot work ahead of time

•43) Get you keys within 1 hr of closing or ahead of time

•44) Meet you anytime at property while in contract before we close for your review

•45) Work hard for you throughout the course of your transaction

•46) Get you the most home for your money

•47) Know how to play with the banks to get you what you want

•48) Share my opinion, advice & experience when asked for at all times

•49) I'm a man of my work, follow up, follow through & take care of you

•50) Keep shopping until we find you what you want as long as your wants are reasonable

30 day escrows very few....Livermore ca real estate steve eveleth

Steve Eveleth ( StevesHomeSearch.com) — Thu, 03 Sep 2009 16:06:08 -0500

Livermore ca real estate blog by Steve Eveleth http://www.steveshomesearch.com/

Were you told recently that you would close on your new home in 30 days or less? Where you ready to throw yourself & your loan agent off the nearest bridge by the time your transaction closed & you got keys in hand? Did the bank keep coming back to you asking for silly documents that you think should have all been collected from the start? Where you told just a few more days 4 or 5 times? Do you feel like you took a few yrs off your life or added a few grey hairs during the course of your loan transaction? Did your escrow take 45.60.even 90 days to close? I have news for you. Your not the only one! if yes to any or all of these q's WELCOME to California's new constant changing guidelines (FHA is the worst), crappy non-compassionate customer service, unjustified time delays, not enough man power for the workload cause they are to concerned with pinching pennies for profits, over working the staff & fat greedy banks that are over compensating for how they should have operated before the whole mess began in the 2007. So before you get upset at your realtor & or loan agent Its not us! It just so happens we are on the front line and on the roller coaster ride with you!(most of the time) I speak for myself & our experience anyway just know that we are going through the same thing you are! Every party that is working on your transaction all work together to make it happen We all want you to get in your home as bad as you do! Also lets be real here, we all work on commission basis in case you forget so we are as motivated at all times to meet your needs met, make you happy & us put bread & butter on our table as an end result) Many people think by pushing or being difficult its going to speed up the process.....the best clients are the ones that trust, let us go to work, assume that this is not our first day on the job and we are working hard taking care of everything we need to do when we need to to get your transaction closed! What type of client will you be? Thank you Steve Eveleth StevesHomeSearch.com http://www.steveshomesearch.com/

Find out in less than 2 hrs if you can get into a home now!

http://www.steveshomesearch.com/bin/web/real_estate/AR202865/ACTIVATE_FRAMES/HOME_FINDER/Livermore/1251851344.html

Have a quick question for me or something I can help you with?

http://www.steveshomesearch.com/bin/web/real_estate/AR202865/ACTIVATE_FRAMES/CONTACT_ME/Livermore/1251851344.html

connect with me on Facebook!

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Bank Owned homes life expectancy of a house fly?

Steve Eveleth ( StevesHomeSearch.com) — Sat, 27 Jun 2009 16:49:14 -0500

Let me first off make clear:: THIS IS ONLY MY OPINION based on current market facts, inventory, sold, pending, and short sale vs banks owned & private sellers. We are starting to see many private sellers again! 36% of homes in the East Bay Area are coming from private sellers!!! This is good news for agents & buyers getting beat up by the banks! I'm seeing the market turn into a seller's market with less bank owned homes everyday! I am also seeing multiple offer situations on anything under around 500k on everything in Bay Area & everything under 400k in Central Valleys. We are also seeing out bidding 10k to 50k over on most homes if they are priced right! The only thing that is slowing down super price inflation is the hang up on conservative FHA appraisals. We also have a supply & demand factor again just like the early 2000's as long as rates stay low it's the perfect storm for equity soon! Hang on to your seats first time buyers that entered the market in past 2 yrs, investors & home owners that have ridden out the storm hang on to your homes.....people in neg am loans that bank will not work with you on loan mods, dump the dog, rent for a while work on your credit & purchase again later......many people are saying the banks are holding back foreclosure inventory causing these current market conditions, ive spoken with several asset managers & they all say banks aren't holding anything, they sell them quick as possible to get them off the books!! I think the days of bank owned homes may be short lived.......buyers: get in while you can!!! Steve Eveleth Steveshomesearch.com

By the way if you havnt checked out the new search engine "leapfish" http://www.leapfish.com/ you don't know what your missing! Blows google away!

Steve Eveleth http://www.steveshomesearch.com/bin/web/real_estate/AR202865/HOME/Livermore/1245096747.html

Find out in less than an hour if you can get into a home with my new quick innovated process!

http://www.steveshomesearch.com/bin/web/real_estate/AR202865/ACTIVATE_FRAMES/HOME_FINDER/Livermore/1245096747.html

90 day Moritorium is a joke! Come on Obama Steve Eveleth Steveshomesearch.com

Steve Eveleth ( StevesHomeSearch.com) — Tue, 16 Jun 2009 17:29:24 -0500

I really do not have a solid answer for that question I can give you my opinion based on my personal experience with the current market. THIS IS ONLY MY OPINION

What I can tell you is there is absolutely no inventory out there right now.(you know that) There are an estimated 3 to 8 preapproved buyers per entry level home under 500k that comes on the market. Having said that as long as rates stay low&such high demand is there, it is only going to be harder for buyers to get into homes&it may even increase prices a more which is already happening as everyone is overbidding.. And if it slows it down the inventory&there is a purge of new foreclosures until moratorium is lifted it doesn't matter how many more foreclosures come on the market they will all get bought up just like they are now as long as rates stay low. Hope my opinion helps.

Get in while you can if the best advise I can give!

what we need is to take the "trillion"dollar stimulas package&give each home owner in the United States $750k (i htink those are the ruff numbers) could you imagine the shot in the arm to the economy that would give? Than we would have to worry about inflation or course but heck what they are doing now sure isnt doing crap might as well try something competely outside the scope of any corpurate, Government regulated political crap loophole...

bottom line is we simply have a bunch of crooks running our country...and they dont give a shi* about middle class home owners of any home owner for that matter. They are to busy shovely money into the back of there trunks laughing at the ëconomic conditions.....just like Bush did...

Steve Eveleth "your trust & my experience will bring great results" 925-487-2246

First time buyer programs; enter "free "house lotto, sieves personal videos, twitter, face book, testimonials, get out shopping quick, get preapproved now, keys in hand in 45 days or less

My site is like no other! Check it out! http://www.steveshomesearch.com/

House lottery "free" go ahead check it out! Steve Eveleth StevesHomeSearch.com

Steve Eveleth ( StevesHomeSearch.com) — Mon, 15 Jun 2009 11:21:48 -0500

This is probably the best attempt ever to give people a "real opportunity"not some BS marketing ploy.

http://www.steveshomesearch.com/bin/web/real_estate/AR202865/ACTIVATE_FRAMES/CONTEST/Livermore/1243199721.html

Another 90 day moratorium on foreclosures? Help or hurt? Steve Eveleth StevesHomeSearch.com

Steve Eveleth ( StevesHomeSearch.com) — Mon, 15 Jun 2009 11:12:44 -0500

Another 90 day moratorium on foreclosures? Help or hurt? Steve Eveleth StevesHomeSearch.com

Another attempt to band aid the open wound. The pres says he doing this to put pressure on lenders to work with home owners......haven't we already done this a couple times in past 2 yrs? The lenders do not give a shi* about working with homeowners. Thanks to corporate tax laws & legal loopholes for big business believe it or not lenders /investors/hedge funds/insurance companies are actually benefiting from this foreclosure era but you don't even want to get me started with all that!!

What we need to do is let this thing find its own bottom. Just like the bailout money, what happens when it's gone? We're back where we started. Same with the moratorium. You see the problem is deeper than lenders discretion on whether they want to work with people on their loan mods, the problem is people don't have jobs to pay their mortgage whatever it's modified to! Let all the foreclosures do what they are going to do, first time buyers are buying them up as soon as they come on the market. All we are doing is setting a new foundation of buyers in solid 30 yr fixed loans. Once economic conditions improve, all the foreclosures are bought up & people are making decent money again we should see some solid ground to stand on..........let's keep our fingers crossed for the alt energy & science, stem cell something soon"" boom, when? I have no clue; if I knew the answer to that I would be on a beach somewhere not writing these blogs!! As long as history repeats itself we will eventually be in good shape again. Lets not ever forget these times people! You know what's funny is we are going to be like our parents & grandparents all conservative in 20 yrs all super conservative from the lessons learned "back in the day" the mid 2000's foreclosure era...lol

Steve Eveleth "Committed to working hard for buyers & sellers http://www.steveshomesearch.com/

GET PREAPPROVED, GET OUT THERE SHOPPING OR BOTH, ALWAYS A QUICK RESPONSE (find out quick if you can get into a home)

http://www.steveshomesearch.com/bin/web/real_estate/AR202865/ACTIVATE_FRAMES/HOME_FINDER/Livermore/1244833403.html

Win the lotto this is not a joke or a marketing ploy, go ahead check it out!

http://www.steveshomesearch.com/bin/web/real_estate/AR202865/ACTIVATE_FRAMES/CONTEST/Livermore/1243199721.html

Livermore ca real estate agent. StevesHomeSearch.com.Steve Eveleth. Livermore ca real estate news.Livermore ca foreclosures. Livermore ca home search

"highest & best" game banks play with buyers by Steve Eveleth StevesHomeSearch.com

Steve Eveleth ( StevesHomeSearch.com) — Sat, 06 Jun 2009 15:02:28 -0500

The "highest & best" counter offer game the banks play with poor buyers from Steve Eveleth

Since mid to end of 2008 & current 2009 the entry level market is cooking for first time buyers. 90% of low priced bank owned homes are getting 5-10 sometimes even 20 offers in the East Bay, Central Valley & Contra Costa counties. When the banks get multiple offers they counter everyone back at what they call "highest & best" meaning they are not going to tell you how much they want, how much other offers are or even if there are any other offers. They are simply telling you how much do you want to pay for the home what's your "highest & best offer" this is the most difficult situation to deal with because it makes the buyer completely do a back flip in their mind because the first thing you as a buyer think about is "getting the best deal" & price negotiation" well there is none that's just it. The banks purposely throw REO's on the market 3-5 even 10% under comps because for one they have to move them quick to get off the books (banks are not in the business of property management) two, they know they will get multiple offers so they can pick the best one with the highest price that they think has the best chance to close! First question buyers ask is well how much are the other offers? How many other offers are there? How much do we need to put in to get our offer accepted? The difficult part for a buyer's agent is answering don't know, don't know don't know!! AND WE REALLY DON'T KNOW with the highest & best game it's like spinning the wheel of luck. There is no way to tell how many offers there are, how much they are or what bank is willing to take to choose your offer. There are a few things to improve your chances like for instance 20% down conventional loan verese FHA 3.5% down, banks usually would pick the 20% down over the FHA because they think it would have a better chance at closing. Of course cash offers usually always trump the other offers.....now heres a twist (and theres always a twist with REO's somewhere in each transaction thats different from the rest) is this: I have seen banks choose a FHA offer over cash or 20% down...why is this after what I just mentioned????Bottom line net thats it....you see some banks dont care about cash offer they are looking at highest new profit, other banks dont care about net they want it to close quick & dont want to wait for financing.......this is where it gets challendging for agents & there cleints...dealing with the banks is like dealing with the wizard behind the cutain, we simply do not know what the bank is going to do...the old days of inside politics with all parties involved is non-existant with the banks.....we play buyh there rules & spin the wheel...just like at vegas, thats how you have to look at it when shopping right now....

Steve Eveleth StevesHomesearch.com (im always here to help clients & fellow agents)

Livermore ca homes for sale

Steve Eveleth ( StevesHomeSearch.com) — Sun, 24 May 2009 19:03:23 -0500

My name is Steve Eveleth. My job is to help people with my experiences, knowledge in the real estate industry so they can make informative decisions in which they can get themselves positioned with one of the biggest financial stepping stones in their lives. Buying or selling a home! I am a licensed real estate broker in the East Bay Area of California. i do not consider myself in "sales" I think if you have to "sell" someone into buying or selling a home you are going about it the wrong way. In fact I think if someone feels like you are trying to talk them into something they don't want to do they may get down right offended! and remember first impressions are everything in this business. People don't care how much you know until they know how much you care. Bottom line is this: chances are if a home buyer or seller is in contact with me they already know what i do. They already know how much my commissions are. More than likely they want to know if im going to do a good job for them with what they already are in contact with me for in the first place. yes real estate does take what's called lead generation, which is finding the people who are looking to buy or sell. Now that is where the work for most agents begins, especially if your new in the business.......if you are "old" in the business chances are you have been in the real estate game for a long time. Many agents that have been around for a long time have established cliental already & 80% of their business is referrals. So to buyers & sellers im here to share, care & help you get the most from me with your real estate transaction. Im always here to help & be friendly............when you focus on being the best you can be in the true interest of helping people the money part of it will naturally come on its own....without having to "sell" anyone anything.... Thank you, how can I help you? Steve Eveleth Livermore ca real estate agent Livermore ca homes for sale steveshomesearch.com

Livermore ca real estate agent livermore ca real estate news Steve Eveleth

Steve Eveleth ( StevesHomeSearch.com) — Mon, 18 May 2009 12:57:16 -0500

Current market conditions Steve Eveleth Blog 5/17/2009

Well the entry level market is certainly taking a turn toward a seller's market that's for sure. On average there are 3 to 5 preapproved buyers for every bank owned home that comes on the market in the East Bay area & central valleys. Reason for this is low prices, great rates & demand demand demand!! First time buyers make up a whopping 71% of all purchase since early 08. Remember how it was in the early 2000's when everyone was buying up properties like crazy? Here is what's similar & why that is happening again. Low rates, high prices & adjustable loans that allowed you to pay a portion of the interest letting you purchase way higher priced home because you had a low payment with a neg am loan. This combination sucked up the inventory like crazy Well check this out now: low rates & fixed loans & inventory getting sucked up like crazy, what makes this happen again is prices have come down now with fixed rate loans verses the adjustable loans making affordability the same. Its simple High prices with neg am loans, low prices with fixed rate loans equal same payment equals affordability gab!! We are simply creating a new foundation of buyers in solid 30yr fixed loans.......start seeing some price increases soon everyone....then the big: moving up "boom will start soon!! Where will you be positioned when it happens? http://www.steveshomesearch.com/ Steve Eveleth, my job is to get you into a home!

Best deals in Livermore Ca real estate from Steve Eveleth

Steve Eveleth ( StevesHomeSearch.com) — Tue, 10 Feb 2009 11:33:53 -0600

Attn buyers::::: dont get your heart set on these beautiful low priced homes you
are picking from the internet when you are getting ready to shop with your realtor These properties get
multiple offers within the first couple days they are on.They also are
getting 5 to 15% over asking price in the Livermore & especially Mountain House area. the bank prices them low to get
the quickest true money the market will bring. They also have many
offers to pick from so they have a better chance at closing it. You
will not see them pending sometimes until a couple weeks later until
they are fully negotiated & in contract. These good deals are possible
to get but its a challenging process on bidding above & beyond asking
price, quick offer submission & being at the right place at the right
time.We can persue them but it may be a lot of dropping what you are
doing every other day or so & going to look at them quick & write
strong offers for over asking to have the best shot at them. Know what you want, dont lollygag around because they are gone. The deals are out there folks you just need to know how to get them. For all those free minded folks who think they dont need a realtor???? You will be spinning your wheels for a long time trying to get one of these deals. You must have an aggessive realtor that monitors MLS everyday,as soon as a good deal pops up I call you & we go look at it that day. You must know what you want ahead of time, be preapproved, ready to make quick decisions. For all the people out there that think its a "buyers market" & you think you will get something for noting by writing low ball offers you will be wasting your time & the agents time. Heres a hint if you have a realtor that knows what they are doing in this current market or not. A good agent that is currently closing deals will know what it takes to get one of the good deals. They will not waste there time or yours. A good agent like myself will ask that you trust that I know what im doing. If you want to do things your way & not take advantage of my knowledge & experience in this market then we would not be a good match. This is why you get a realtor people so they can do all the work for you. You have to trust that we know what we are doing & want to get you into a home as much as you do, remember its what we do for aliving to! A good realtor will know how to do what they need to to get you a deal & not be afraid to tell you how it is if your not being reasonable with how your going about the process of buyuing a home. I shot straight from the hip, if you want a good deal & come along for the ride , great if not good luck out there, hope this blog was helpful!

Steve Eveleth steveshomesearch.com & getinahomenow.com

Keller Williams in Livermore ca real estate exclusive buyers agent 2009

2009 Whats really going on StevesHomeSearch team

Steve Eveleth ( StevesHomeSearch.com) — Thu, 08 Jan 2009 13:45:46 -0600

Steve Eveleth shots straight from the hip on real time current market conditions. I have a entire team now to better serve my first time buyers in the Livermore, Mountain House & tracy areas! Livermore first time buyers are where the market is....grap its while you can....agents I always looking to expand my team for the right qualified individuals....experienced agents only! You must eat breath & sleep real estate! Part timers need not apply!

a bit about the market to first time buyers!!! Livermore Ca real estate news 1/10/2009

A little about the Livermore market. WE SEEM TO BE AT BOTTOM. This is because any SFR 3/2 that comes on the market under $350k gets multiple offers first few days it's on. This has been going on for a while. The only reason we are not seeing any price increases yet is because there is still enough bank owned homes coming on the market so demand is not outweighing supply....YET. Buyers beware of short sales. They are giving everyone a very false sense of what the market is actually doing because all you see is a low priced home staying on the market for a long time...that's because its a short sales. ONLY 7% OF SHORT SALES ACTAULLY GO THROUGH. DONT WASTE YOUR TIME! What you & your realtor want to go after is REO's & private seller homes! Banks most REO's priced under $300k anywhere Livermore Tracy & Mountain House are moving quick! Don't listen to the media, first time buyers are snatching these low priced homes up....its a no-brainer to purchase right now...rates are low, loans are insured, you now have a tax write off, closing cost credits are doable.....everyone also knows that real estate is a long term investment . Are you going to make $50k in equity in 2 months? Probably not. Will you make a million dollars over the course of the next ten years? If history repeats itself you will. Where will you be when the market starts going up again? If you are asking yourself is it the right time to buy ask yourself this:::Do I like the home? Do I like the area? Do I like my payment? Do I need the write off? Do I want to leave something of value to my kids or family? Do I want to feel the pride of home ownership? Do I want to tell my landlord to kick rocks???If you answered yes to most or all of those questions....then it becomes a logical decision instead of an emotional decision....write it down on paper...then ask yourself if not now.....when????

Steve Eveleth StevesHomeSearch.com

also for all buyers info::: Bank owned, REO, foreclosure ALL MEAN THE SAME THING! Don't be miss lead thinking you are getting a good deal because a home is listed as a "foreclosure" doesn't mean anything they are all priced the same! Bank owed, foreclosure, REO all mean the same thing. Marketing is a powerful thing! Don't be fooled, call Steve Eveleth for no bs straight talk about where the market is & what you need to do to get into a home. The StevesHomesSearch team. Livermore Ca Keller Williams 2300 first st suite 216 is where you can find me! Stop by to chat , coffee or tea on me! 1/10/2009!

Livermore Real Estate Bank Owned Homes

Steve Eveleth ( StevesHomeSearch.com) — Thu, 17 Jul 2008 16:00:12 -0500

Steve Eveleth www.StevesHomeSearch.com

Many Livermore bank owned homes are available. I have access to all of them. There are a few things you should know about the current market we are in to get a forecloseure.

1) About 70% of bank owned homes are already priced low & get multiple offers the first couple days they are on. In order to get in the game you will need to offer full price or over to get one.

2) Just because a bank owned home is on the market for along time does not mean you can go in & offer a low price & you have negotiating power, it means the opposite. It means the bank does not care how long it sits & is sticking firm to there price! 3% -6% back for down payment is possible but not credit & price negotiation, you will be wasting your agents time & yours writing low ball offers. Unfortunitly you may have to go through this a few times to see for yourself, im just trying to save you time here.

3) The prices of homes in the Bay Area have come down low enough now that many people can afford the entry level prices. This is causing a purge in first time buyers buying homes. I dont care what the news & media says, any home in a decent area priced under $400k in moving. Mountain House, Livermore & Tracy are cooking!

Please tell me a little about your situation & what you are trying to accomplish. I will respond to your needs right away.
Steve Eveleth ( CDPAP certified ) 925-487-2246
"Committed to working hard & doing whatever it takes to help people get into a home" "http://www.steveshomesearch.com/
Watch my video!
http://www.youtube.com/watch?v=avwhXgfaAuk

Livermore real estate news from Steve Eveleth steveshomesearch.com

Steve Eveleth ( StevesHomeSearch.com) — Wed, 18 Jun 2008 13:42:20 -0500

Attention buyers: Forget what the media tells you the entry level housing market is moving right along. The price of homes now in the Bay Area have come down low enough now that many people can now afford to purchase. Im here to tell you from my everyday experience out in the field that PEOPLE ARE BUYING! I am seeing many REO's with multiple offers a day or two after they come on market. The entry level market in the Livermore, Mountain House & Tracy area, anything around & under $400k is moving quickly. All we are doing now is building a new foundation of solid buyers in secure loans. Reports now confirm that we have hit bottom in most desirable areas in the entry level price range. I personally have 8 pre-approved buyers that want to purchase, qualified to purchase, ready to pull the trigger but there is nothing to purchase!!! What we have to do is monitor the MLS daily. As soon as something comes on the market we go look that same day & get our offer in. If I could sum up a message to buyers I would just say this: If you are betting that the market will continue to go down you may miss the boat. Prices have come down low enough now that there is a huge affordability gap now open for many buyers that could not afford to purchase before. Most people know real estate & home ownership is a no-brainer. When the opportunity is in your face go for it......When people ask me if it's a good time to buy, I tell them "why would you want to wait until its not" Steve Eveleth StevesHomeSearch.com

Livermore real estate news from Steve Eveleth steveshomesearch.com

Steve Eveleth ( StevesHomeSearch.com) — Thu, 05 Jun 2008 17:15:30 -0500

Steve Eveleth Tips to buyers on the REO's & offer strategies, process. Stevehomesearch.com

I wanted to take a few minutes to educate my current buyers, prospects that I am in communication with & current preapproved buyers that are currently shopping with me. There are some good deals out there right now. The trick to getting a good deal on an REO (bank owned property) which 75% of entry level homes under $417k in the Livermore, Mountain House & Tracy area are either short sales or REO's. 1) Make sure you are preapproved & are comfortable with your monthly payment!! Last thing we want to do is go out & look for homes, find one you love, write an offer, get it accepted & find out you cant get your payment where you want it.

2) Be prepared not to get the first house you write an offer on!! As I said in my previous blogs, many of these bank owned homes that are low priced GET MULTIPLE OFFERS. I have been taking buyers out on an average of 2-4 times looking at an average of 10-15 homes, writing an average of 2-4 offers before we snag one.

3) Be available!! If you are a serious buyer be prepared to take some time off work 1 day a week or so to spend house shopping. DURING THE WEEK IS THE BEST TIME TO SHOP as there is way less competition, much quicker response time to our offer submission. Also banks have same hrs most of us do 8 to 5 Mon through Fri. So if we submit an offer on a home that does not have any offers on it during the week chances are its going to get to bank that day verses a weekend when the bank might have several offers by Monday then we become "just another offer" with the pack & have less negotiation opportunity & less chance of getting offer accepted when competing with other offers.

4) DO NOT EXPECT TO LOWBALL. We are not In a low ball market. Banks are not that desperate. There is an asset manager that is on the other end of the bank owned home, just like you want the best deal you can get, so does the investor that is taking the hit on his return. If the banks wanted to give the property away they could have sold it on the Auction at the court house steps for 50-70 cents on the dollar. If its listed with an agent on MLS they are expecting to get close to full price for home. Many buyers think since it's a buyer's market that means that you can write an offer for 20% under asking price. This is a waste of your time & mine & waste of paperwork. The most we are seeing in price reduction is 3 to 6% possible 7 or 8% in a few over priced homes. Let me tell you how the banks operate: They take the last sold comp in the area & price the home slightly over that last comp as they expect that we will talk them down..(Bottom line is they. They typically wait 30 days to see what happens. During that 30 days they will entertain reasonable offers. If nothing happens in 30 days they need to get home off the books. So they lower price really low then everyone comes running. This is when we talk about the multiple offer situations. Then the bank sits back collects all the offers & counters everybody back at what's called "highest & best" meaning hey, we are not going to tell you the details of other offers but there are many, no how bad do you want this house &" what's the most you are willing to pay for it" This is the banks strategies of getting current true market value for the home in the quickest period of time! I hate it drives me nuts as I am on the front line with my poor buyer chiseling there pocket for a home they really want with a set low price in their mind as the motivation for making the move to write offer then we find out we have to pay 5 -10 maybe even 15% more to out bid other buyers. We could have saved everyone time & went & looked at homes in the 10-15% higher price range & probably found them a home that was just as nice & not played the banks games with bidding war!!!!Bottom line is expect to pay close to asking or a little above on a well priced REO, also I know buyers are smart, most of you know what is a good deal that is why you are pursuing it, so when a good deal pops up go for it & get what you want. In this market there will be someone right around the corner that will.

5) Steve Eveleth says:Don't get discouraged!! If you are persistent & proactive we will find you a home you like & a reasonable price. I have no problem shopping for however long we need to get you what you want.

6) If we do land a deal on the first offer or two, do not think something is wrong or you are paying to much, know that we got lucky & it was meant to be! Some buyers love the chase & game once they get into it. They become overwhelmed or cannot make a decision because they are not properly equipped with the information or knowledge they need to make an informed decision. Then they become impulsive & later down the road develop what's called "cold feet" that is they don't really have a particular legitimate reason for backing out of a deal they just "feel" like they have to back out. This is a waste of everyone's time & can be avoided by the agent properly taking the time with them to educate them. This can be a problem if the agent you are working with is pushing you or licking their chops thinking about pay day & not having your best interests in mind! PICK A GOOD AGENT THAT YOU FEEL COMFORTABLE WITH, ONE THAT YOU FEEL LIKE YOU CAN CALL ANYTIME OR ASK ANY QUESTION TO without them getting all razzed up. Buyer: Please educate yourself so you know what is a reasonable deal & be prepared to follow through with it....if there is a legitimate reason for backing out of a deal that's one thing but cold feet & ambivalence as an uneducated consumer wanting an unreasonable deal is another.

7) Have faith in your agent, loan officer, title reps, WE KNOW WHAT WE ARE DOING (most of us anyway....) Most of the agents that should not have been in the business in the first place have been weeded out & are back at there 9 to 5 jobs . Have faith that your agent will contact you when necessary. Remember we want you to get into your home as much as you do, its what we do for a living too!

8) Please have respect for our time as there is so much time spent behind the scenes, setting up showings, driving buyers around, writing up offers, researching property requests, calling banks & listing agents. If you decide not to purchase or are not happy with the job your realtor is doing for you, COMMUNICATE to them. A good agent will welcome constructive criticism, not push a sale & want to know how to serve you better, I do anyway. Thanks for reading this book (LOL) It helps me to help you if you have this knowledge as we work together to get you the deal & home you want & get ahead in the game! Have a great day, thanks for reading my blog! www.steveshomesearch.com

Livermore real estate news from Steve Eveleth steveshomesearch.com

Steve Eveleth ( StevesHomeSearch.com) — Tue, 03 Jun 2008 13:05:47 -0500

Steve Eveleth....Whats going on with the market? A lot!!! Anything under $417k is moving in the Livermore, Mountain House & Tracy area. Prices have come down low enough now that the affordability gap has widened enough to accommodate a much larger spread of blue collar entry level buyers to the entry level market. I refer to entry level market as anything priced under $417 k.(conforming loan amount) Many of these homes are getting multiple offers as soon as they hit the market. Good news is there is still time to buy & I think plenty of it. This is due to the fact that there is an estimated 2 million foreclosures predicted to hit the market in next two years. Now one thing to consider before you wait & assume prices may dip another 5-10%, 100% financing is back! There are programs coming out daily that allow buyer to purchase in a secure 30 yr fix loan that is safe with no money out of pocket or little down. I personally closed one of several deals last week that buyer got in with $620 total out of pocket. And a nice safe 30yr fixed loan. So as long as the inventory keeps coming on supply & demand is not going to come into play. Once all the homes that were purchased between 2001 & late summer of 2005 have went through the foreclosure process & are sold to new buyers in solid loans, eventually the inventory with be gone. Dried up inventory & new programs that are available with a new foundation of buyers in safe secure loans & maybe next few years increased wages & a new president that is not taking up to his bank & we just might see some stabilization in the housing market prices in the near future....of course this is all my opinions........people ask me all the time if I think it's a good time to buy...my response to them is "why would you want to wait around until its not? www.steveshomesearch.com

Take a peak at this latest program, its hot for 2008! CDPAP first time buyer program (California Down Payment Assistance Program)

(CDPAP) CALIFORNIA DOWN PAYMENT ASSISTANCE PROGRAM Steve Eveleth www.StevesHomeSearch.com

*First time buyers/previous home owners/investors

*Buyer need only qualify for 90/95/97% financing

*Safe 100% financing, fixed rate, no payment adjust ever

*No out of pocket down payment for purchase program

*Up to 6% more allowable for closing costs w program

*Total 12% toward buyer move in costs paid w program

*Up 6% down gifted to buyer. Gain instant equity

*Nationally approved "gift source"

*No re-payment of funds ever, free & clear

*No asset or income limitations (this is a beauty)

*Credit score flexible Co-signer ok

*Total household income before taxes ok to qualify

*Combined income with partner/family member/spouse ok

*Buyer rate buy down option to lower payment

*First step toward wealth accumulation

*Any home any area can qualify, no geographical restrictions

*Must use certified program finance/title/realtor for transaction

*Past client references available upon request

This program is perfect for:

1) Buyers that have average to good credit but no down payment

2) Buyers that have solid employment & are able to prove their income

3) Buyers that have their down payment but would rather save it & use the banks $

4) Buyers that are not currently working with other programs or realtors

5) Buyers that are motivated & serious about purchasing

6) Buyers that have been told they have all the qualifications for a loan but no down payment

Livermore real estate news from Steve Eveleth steveshomesearch.com

Steve Eveleth ( StevesHomeSearch.com) — Sat, 12 Apr 2008 15:24:15 -0500

Just an update for everyone out there looking for homes from Steve Eveleth. The entry level market is rebounding big time. It is almost like it was back in 02-05. Many places are getting multiple offers above & beyond asking the first day they are on the market. This is strictly the entry level market only. Anything priced under $400 k in the Livermore, Mountain House, Tracy area is moving quick.steveshomesearch.com Listing agents are so busy with offers they cant see straight or return phone calls to buyers agents like myself. It is taking approx 4 to 5 times of going out shopping, writing offers on SEVERAL homes to actually get one. These properties require full price offers. We no longer are in a low ball market. Some times it takes buyers a few times of losing a few homes they love by writing less then asking. I say this to help everyone utilize there strategies as well as their time & ours as active agents out in the field with buyers everyday. The proactive buyers that are aggressive & preaproved are getting into homes at reasonable prices. The low ball investors (even with cash doesn't matter) & low ball buyers no longer have a position in the current entry level market in the Livermore Tracy & Mountain House area. WE ARE NOW SEEING THE BOTTOM. A year or so of this supply & demand of the entry level REO's getting bought up & it will eventually harness prices & then begin to even increase a little trickle up into the higher end homes. All we are doing right now is creating a new foundation of solid loans & entry level buyers. Once the inventory or REO's & short sales is gone we will begin to see supply & demand come into play & as long as interest rates remain attractive we could start seeing incremental price increases in next year or two.....of course this is all my personal opinion based on my current real time experience as an active agent with a team that is out in the field 7 days a week with buyers writing offers. Have a great weekend I hope this helps anyone who is curios about the status in the market right now in the Bay Area.

Steve Eveleth 925-487-2246
"committed to working hard & helping people do whatever it takes to get into a home"
Thanks for reading my ad. What are you trying to accomplish & how can I help you? http://www.steveshomesearch.com/

StevesHomeSearch.com CDPAP Cal Down Payment Assistance Program

Steve Eveleth ( StevesHomeSearch.com) — Fri, 29 Feb 2008 00:46:18 -0600

NEW DOWN PAYMENT PROGRAM FOR BUYERS IN 2008! Steve Eveleth certified program rep. Now available to help home buyers that simply cannot purchase due to not being able to save up for down payment. Heres a soluation! The "California Down Payment Assistance Program" pays buyers down payment up to 6%! This is safe 100% financing with easy qualifications same as traditional financing. Rest assured you have found a hot product in the challenging financing mess we are going through & there is yet to come another option to leverage "OPM" (other peoples money") for those of you that are not familiar witht hat phrase you should read "the real estate millionaire" its awesome & a rather simple read. So anyways here it is folks, look it over & for God sakes don't over look it because you may not find another finance product out there like it.....brought to you & only you by Steve Eveleth

Steve Eveleth ( CDPAP certified program realtor ) 925-487-2246

Please tell me a little about your situation & what you are trying to accomplish so I can respond to you more efficiently. All inquiries will be responded to within the hr between 8am & 8pm 7 days a week. "Committed to working hard & doing whatever it takes to help people get into homes"http://www.steveshomesearch.com/

*First time buyers/previous home owners/investors

*Buyer need only qualify for 90/95/97% financing

*True 100% financing, fixed rate, no payment adjust ever

*No out of pocket down payment for purchase program

*Up to 6% more allowable for closing costs w program

*Total 12% toward buyer move in costs paid w program

*Up 6% down gifted to buyer. Gain instant equity

*Nationally approved "gift source"

*No re-payment of funds ever, free & clear

*No asset or income limitations (this is a beauty)

*Credit score flexible Co-signer ok

*Total household income before taxes ok to qualify

*Combined income with partner/family member/spouse ok

*Buyer rate buy down option to lower payment

*First step toward wealth accumulation

*Any home any area can qualify, no geographical restrictions

*Must use certified program finance/title/realtor for transaction

*Past client references available upon request

StevesHomeSearch.com CDPAP Cal Down Payment Assistance Program

Steve Eveleth ( StevesHomeSearch.com) — Fri, 29 Feb 2008 00:46:11 -0600

Steve Eveleth ( CDPAP certified program realtor ) 925-487-2246

*First time buyers/previous home owners/investors

*Buyer need only qualify for 90/95/97% financing

*True 100% financing, fixed rate, no payment adjust ever

*No out of pocket down payment for purchase program

*Up to 6% more allowable for closing costs w program

*Total 12% toward buyer move in costs paid w program

*Up 6% down gifted to buyer. Gain instant equity

*Nationally approved "gift source"

*No re-payment of funds ever, free & clear

*No asset or income limitations (this is a beauty)

*Credit score flexible Co-signer ok

*Total household income before taxes ok to qualify

*Combined income with partner/family member/spouse ok

*Buyer rate buy down option to lower payment

*First step toward wealth accumulation

*Any home any area can qualify, no geographical restrictions

*Must use certified program finance/title/realtor for transaction

*Past client references available upon request

Steve Eveleth Top Livermore real estate agent About Livermore ca

Steve Eveleth ( StevesHomeSearch.com) — Thu, 14 Feb 2008 00:47:14 -0600

Livermore is a city in Alameda County, California. Initially settled in the 1830s, the city was incorporated in 1876 and named after a rancher named Robert Livermore. Livermore is accessible via Interstate 580 and also has its own airport.

While Livermore has its roots firmly embedded in agriculture and ranching, today the city is home to many high-tech workers who are involved with neighboring Silicon Valley industries. Livermore has become quite upscale in recent years with an extensive renovation to its downtown area and the development of many desirable homes. According to census data, Livermore is the third wealthiest midsize city in the country, with a median household income of $96,632. Some of the top attractions in Livermore include the Livermore Rodeo, the Livermore Valley Opera, as well as the parkland and vineyards to the south of the city. www.steveshomesearch.com

According to the 2000 census, there were 73,345 people living in Livermore. The city's biggest employer is the Department of Energy, which has a laboratory operated by the University of California. Livermore is also home to many excellent schools. The three high schools are Livermore High School, which was established in 1891, in addition to Granada High School and Vineyard High. thank you for reading my post about Livermore. Steve Eveleth

1999 Acura NSX giveaway www.steveshomesearch.com

Steve Eveleth ( StevesHomeSearch.com) — Sat, 02 Feb 2008 03:39:20 -0600

I am so sick of people low balling me on the sale of my Acura I am trying a different twist. I am advertising "acura nsx giveaway" first of all yes it is a maketing stategie but it is real & here is how it works. When you buy a home through me I will credit you half of my commission toward purchase price of car. So for example you purchase a $500k home & I credit you half of the 3% commission ($7,500) toward car. So if you purchase a $3,000,000 home I will give you car for free (90K commission split 50/50 toward car priced at 45k) so I dont want to hear any bs about false advertising, I think this is totally fair if you take into consideration that you normally wouldnt get any of your buyers agent commission in the first place. So idealy this situation would be perfect for someone that wants an NSX & has some extra cash to buy an NSX. You get into a home & get a killer deal on NSX or if you buy a big enough home at the right purchase price the NSX is your for free! www.steveshomesearch.com steve eveleth

Mountain House selling like hot cakes!

Steve Eveleth ( StevesHomeSearch.com) — Sat, 02 Feb 2008 03:28:45 -0600

Mountain House is picking up steam. Its unbelieveable how many people are willing to travel a few minutes further east for a nice size family home at half the price you pay anywhere else in the Bay Area.Lot of people coming from Fremont/San Jose area that are simply priced out of the entry level market out there...I mean come on now who can pay 700k for a starter home?I am getting inquiries more & more everyday. Its truely the last stop of decent affordable houseing before you get out to the arm pit of central valley. You can purchase a nice family home, built in 2002-2006 2000-4000 sq ft, some decent lots, 4-5 bdrms for 400k-550k. www.steveshomesearch.com You will have to drive 10-15 minutes or so to Tracy or Livermore for major shopping, but whats a few minutes.....no congestion, lots of fresh air & hey you will probably want to have an excuse to get out of the house anyway right??? steve Eveleth

Steve Eveleth www.steveshomesearch.com livermore real estate agent livermore real estate

Steve Eveleth ( StevesHomeSearch.com) — Sat, 02 Feb 2008 03:20:12 -0600

From Steve Eveleth http://www.steveshomesearch.com/ Livermore real estate short sales, agents dont waste your time, Its gotten ridulas. I have 3 clients that have been waiting months for responces from banks. The agents promise you the world with a leap of faith hopeing for the responce so they can make a sale as much as buyers wants the property. I actually have got one responce back from bank 3 months later & they countered with 45k higher then asking.....on a $420k purchase price???What are they thinking??? Just wait till the bank takes over. I have gotten awesome responces from banks, everytime within 24 hrs, sometimes even signed contracts the same day!!! The only way I even consider a short sale is if client absolutely loves the home. In that case I let client know there is a 3-4 month waiting period right off the bat. Then if they want to spin the wheel here is the questions you should ask the listing agent::

1) is the bank responsive & cooperative?
2) what stages is the short sale approval at with lender?
3) has buyer turned in all required documentaion, hardship letter, tax returns, ect to lender?
4) is the second with same bank as first? If not what is there responce? What stage & contact is with the second?
If the listing agent answers these questions with knowledge & confidence you may have a better chance but if not dont even waste your time there are way to many REO's out there ready to go..and o what deals I have been getting on those, lots of happy clients! http://www.steveshomesearch.com/

entry level home inventory tightening up in Livermore

Steve Eveleth ( StevesHomeSearch.com) — Mon, 21 Jan 2008 11:36:18 -0600

Lots of inventory right now at entry level pricing.How long will it last? Average price in Tracy for a newer 4 bdrm 3 bth 2000+ sq ft is $350K. This is right under FHA loan amout guidelines & under the jumbo loan amount limit of $417k. What does this mean? Lots of demand & killer interest rates for buyers on anything under these price ranges. Get the good deals while they last. Inventory will eventually tighten up. Tracy & Mountain House homes under these price ranges are moving, I dont care what the news says. I am living it!The prices have come down enough now that the affordability gap is widening causing suppy & demand to tighten on entry level homes under $362 & $417. Congress is now working on raising jumbo loan amount to $625!!! If this happens it will creat a whole new demand on everything under $625!! Again inventory will tighten. Also eventually the REO's & short sales will dry up & booommm we;ll be in a normal market again prices will flatten & that will for sure be our bottom...remember less inventory, more demand, more demand higher prices...steveshomesearch.com

If you would like some help with buying a home in the Livermore, Tracy, Mountain House area I am available at your request. If you are pre-approved or need to get pre-approved let me know. If you would like to schedule a time to get inside homes or like me to send you listings via email,no problem. Just contact me with address of homes you want to see from your list or pick from mine & I will set everything up. I will meet you at houses, get you inside & handle everything for you. I will need to see your pre-approval letter & you will need to have deposit check for 1% of purchase price at time of offer submit.Let me know what your needs are & how I can best help you. Lets get you into a home in 2008! steve eveleth steveshomesearch.com 925-487-2246 info@steveshomesearch.com

steveshomesearch.com Mountain House Short Sale bs TAX INFO FREE

Steve Eveleth ( StevesHomeSearch.com) — Sat, 19 Jan 2008 21:11:34 -0600

Just a bit of info to everyone sitting on the fence watching the market in Mountain House wondering when to pull the trigger.from www.steveshomesearch.com Well prices have definitely leveled off in Mountain House past couple weeks. Once this inventory is gone its gone. There is talk of congress raising jumbo loan amount to $625k. If this happens entry level inventory will get sucked right up & prices will immediately begin to stay level...its simple supply & demand, less inventory, more demand, more demand, more people willing to pay more for something they have to have::::housing.people either need to buy or rent. The more people waiting to buy now will just mean more people buying later..... I would by now. Everything under jumbo loan amount is gone. Anything that hits the market under jumbo ($417k & under) or anything under FHA loan amount ($360K) goes like hot cakes. Most with multiple offers. If you do see anything sitting on the market under these two categories its because its a short sale & has not made it to the bank yet or mortgage company is not responding to some poor buyer that was miss lead by the sellers agent & seller thinking they where going to get some killer deal...well I have news for you....most of the short sales are ridicules & I wouldn't even bother wasting your time. I have 2 buyers right now that have been waiting since before Thanksgiving for a response....one did finally respond with a counter offer of 60K higher....you've got to be kidding me right????The banks by the way are going to be so forgiving a couple years after this mess anyway dont worry about it, you will get another loan sooner then you think... Just save yourself the time & wait for the properties to go to the bank & you will get somewhere. Any sellers that have to do short sales, same advice just save yourself the stress & let it go to the bank....dont worry about getting 1099 & all that bs everyone is ranting & raving about here is the facts from real tax laws in the state of California regarding short sale/ foreclosure gains or losses & tax info:::

There are several ways cancellation of debt may not be taxable:
1. Bankruptcy
2. Insolvency: If you are insolvent when the debt is cancelled, some or all of the cancelled debt may not be taxable to you. You are insolvent when your total debts are more than the fair market value of your total assets.
3. Non-recourse loans: A non-recourse loan is a loan for which the lender's only remedy in case of default is to repossess the property being financed or used as collateral. That is, the lender cannot pursue you personally in case of default. Forgiveness of a non-recourse loan resulting from a foreclosure does not result in cancellation of debt income.

In addition, if the property is a rental instead of your own home then the foreclosure/sale by the lender could result in a loss to you since the foreclosure would be considered as a sale. However, if your current cost basis is less than the foreclosure amount then there may be a gain.

As you can see there are several easy ways out of being 1099, everything is considered a loss bottom. Banks can 1099 you all they want, its a wash because there loss is your loss, the only way you would owe is if there was a gain & ive never heard of a sellers gain yet in a short sale......how do you like those cookies uncle sam???????

Steve Eveleth 925-487-2246
"Committed to working hard & helping people do whatever it takes to get into a home"
Tell you your situation & I will see how I can help
http://www.steveshomesearch.com/

Livermore real estate market steveshomesearch.com steve eveleth

Steve Eveleth ( StevesHomeSearch.com) — Sun, 23 Dec 2007 13:02:53 -0600

My prediction for 2008 is going to be very similar to 2007. There is still a ways to go to resolve the financing mess. I think we will see many government backed loans coming into play, possibly 3-5% down, 100% financing with stated income is a way of the past and will remain difficult to obtain.www.steveshomesearch.com Once the market gives signs of stabilizing a bit you will see 100% products again. Still as with 2007 the entry level price range markets will continue to sell. Prices have now come down low enough to parallel the average entry level income of many households in the Bay Area. It has been my experience that people buy when they can buy. They are in it for the long run. People ask me all the time do you think it's a good time to buy & I say, can you afford the payment? Do you like the home? Do you need the tax write off? Do you want the feeling of pride of owning your own home? Do you want to start the biggest financial asset establishment of your lifetime? Bottom line is people need to buy or they keep renting. the population is growing faster than the available supply of homes over the long haul.....so some may say don't buy housing is going to go down, I say it's the land of opportunity with sellers paying all buyer closing costs, performing most reasonable repairs, accepting reasonable price negotiation ect rare are the times when buyers have had it easier to buy a home with such a great inventory to pick from & sellers at their feet...remember just two years ago when a seller said take my house as-is, pay way more than it's worth & won't do any repairs?? Crazy how the market can change so drastically... And we all know what everyone will say when the market goes back up & they didn't buy...., so buyers hold the gold for now... until history repeats itself & the market changes again & history always does repeat itself...where will you stand in hindsight? Thank you for reading my blog. Merry Christmas to you & yours & have a great 2008. Steve Eveleth