perfect financial solutions: Bank owned properties are everywhere! Status: REO OVERSTOCKED - 02/23/08 10:51 AM
While in search of my next niche..... it wasn't hard to figure out that REOs are the way to go. As many of you know my daughter and I specialize in Short Sale listings and have been able to help most of our clients obtain a short sale successfully. And we … (10 comments)
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perfect financial solutions: Fallout from the foreclosure crisis .... keeps the repo man busy all over. - 02/16/08 04:36 PM
I spoke to a homeowner the other day and was told that they are not only losing their home due to foreclosure, they are losing their cars and credit card usage. They feel they are being stripped of everything.
As we look around the fallout of the distressed housing situation is not … (6 comments)
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perfect financial solutions: 369 Gamay Court, Manteca, CA 95336 - 01/09/08 11:37 AM
… (6 comments)
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perfect financial solutions: Is GMAC trying to take the "short" out of Short Sales? - 01/05/08 02:51 PM
Here are some of GMAC guidelines for approving a Short Sale.
There are so many owners that have GMAC loans that live in the San Joaquin County CA area (especially Stockton, Modesto and other surrounding areas). GMAC is a household name from homes to automobiles, but yet they are getting known as … (21 comments)
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perfect financial solutions: 203K Rehab Loan Program .... How does it work? - 01/03/08 02:41 PM
I NEED HELP!
While working with my qualified buyer and pulling up available homes located in the Oakland, CA area and in his price range ~ we ran up on a home that my buyer is interested in! YEAH! Not a problem. The description of the home stated that it is 203K … (29 comments)
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perfect financial solutions: Sample letter: Requesting Short Sale Approval from Second Lien holder - 01/01/08 05:49 PM
OK here's the situation: You have 2 loans - for the purpose of this example lets give them names: (Mort =First Loan) and Gage = Second Loan): This example is for those of you that have Two different both lenders. Mort(1) tells you that they will not be able to approval a short … (6 comments)
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perfect financial solutions: Falling Short? Know your mortgage type and the guidelines! - 01/01/08 02:40 PM
It is important to know what type of mortgage you have so that you know what to expect. The guide lines varies depending on the type of mortgage you have.
This information is so valuable to you to know what type of mortgage and what the guidelines are if there are … (0 comments)
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perfect financial solutions: The Raw Facts on Default, Pre-Foreclosure, Short Sale and Foreclosure - 12/30/07 12:42 AM
Below is a list of power-packed posts filled with informational facts about being in Default, finding yourself in the pre-foreclosure process and having to do a Short Sale and some helpful tips on how to avoid Foreclosure. By reading this information you will know the timelines, procedures, advantages and disadvantages of … (13 comments)
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perfect financial solutions: Ooh wee! I remember the First Time........ - 12/29/07 02:11 AM
Keep it clean... This is about the The first time homebuyer!
Can you remember back to when and what things you did that will always be great memories to you because they were .....the FIRST TIMER? The same excitement can be found with being the First Time Home Buyer ... (well... almost … (8 comments)
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perfect financial solutions: Can't afford your ARM Adjustment? Ask your lender for help. See sample letter. - 12/28/07 02:57 PM
Here is possibly a pro-active way to help prevent getting into foreclosure and also will help the HUGH ongoing Foreclosure problems in California's ~ San Joaquin, Stanislaus, Alameda Counties and the surrounding areas. Having the #1 Foreclosure rate coming right out of Stockton and with Modesto following with the #2 spot, contact … (8 comments)
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perfect financial solutions: Buyers do not ....out negotiate yourself! - 12/27/07 03:07 AM
Buyers do not out negotiate yourself! Don't get greedy. Don't pay more for a home because of a "small" incentive that you can get yourself later. Go for the bucks that you can save.
When you are out there looking at homes in the San Joaquin, Stanislaus, Alameda, Contra Costa counties … (16 comments)
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perfect financial solutions: When being #1 is bad! - 12/27/07 01:20 AM
California Foreclosure stats
Usually holding first place is an honor... however being #1 in Foreclosures is not an honor that we here in Stockton, California are proud of. Up until the mortgage meltdown, Stockton was hardly heard of. Now I have people calling me from other states and they mention and remind … (12 comments)
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perfect financial solutions: Sidetracked Buyers? - 12/26/07 06:03 PM
This information provided by: ROSEMARY BROOKS ~ the Mother and Daughter Realty Team @ Perfect Financial Solutions 866-750-8282.
Buyers in the San Joaquin / Stanislaus, Alameda Counties and the surrounding areas ~~ Don't get side tracked in your home search venture. Keep your home search within the lines of control and stay on the highway … (2 comments)
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perfect financial solutions: What we give to your listings.... - 12/25/07 09:02 PM
Sellers in the San Joaquin, Stanislaus, Alameda, Contra Costa Counties here is what it means to give us your listings: These counties cover the following major cities: Stockton, Manteca, Modesto, Patterson, Newman, Tracy, Fremont, Newark, Castro Valley, Oakland, Hayward and Union City and others.
Our services cover these and other areas of Northern California and … (4 comments)
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perfect financial solutions: How do you balance a quick sale for top market value? - 12/23/07 04:22 AM
Before you set the sales price of your house, here are some steps that you need to do:
>> Understand that Market conditions will play a role in setting the sales price of your house.
>> Get an agent to run a Comparative Market Analysis (CMA) that will show the listing price of similar … (2 comments)
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perfect financial solutions: Are You Ready to Sell Your Home? - 12/22/07 05:20 PM
Do your research, Know the facts, Be prepared and Just do it!
By now I am sure most know that almost everyone know about the number of Foreclosures in San Joaquin County ~ and that Stockton is one of the highest in the foreclosure rate in the country. Although you may not … (2 comments)
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perfect financial solutions: Good News! Tax Break for Mortgage Debt Foregiveness! A Change that will help! - 12/21/07 12:57 PM
GOOD NEWS!
Today is a day of some really good news that will help the people that find themselves faced with foreclosure and cannot find a solution to save their home by using one the plans that have been created for those that meet a certain criteria and they were not … (10 comments)
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perfect financial solutions: Sample letter: To lender requesting help to avoid foreclosure - 12/19/07 01:13 PM
Ways to reach out to the lender and possibly help yourself.......
The best advice anyone that anyone that is in trouble with their mortgage can get is to contact your lender. Do your homework first and then give them a call and let them know that you are having problems with payment … (4 comments)
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perfect financial solutions: City, County, State.... what are they doing? - 12/17/07 09:13 PM
What is your City, County or State doing to help the foreclosure problems?
What are the stats for foreclosure in your City, County, State or coverage area?
My major city of coverage is Stockton, CA. I found lots of good news on the website on what Stockton is doing to educate people … (2 comments)
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perfect financial solutions: Who inspired you in 2007? - 12/17/07 11:20 AM
Reflecting back over 2007 and some of the touching moments, the influences, the mentors and memories that will always be kept near and dear to me.....
This year has been to say the least "a trying year", however, here at the end of the year I can still see the blessings that … (10 comments)
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perfect financial solutions: Know your buyer's intentions before accepting the offer...... - 12/16/07 03:58 AM
Whether your listing is in Stockton, Sacramento, Manteca, Livermore or Los Angeles California. Whether it is Northern California or SoCAL, the rule is the same. And it is important that you know the buyer before you accept an offer for a short sale.
Well.... you don't have to actually know them, but … (2 comments)
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perfect financial solutions: Buying a home made easier - 12/12/07 12:29 PM
Some Buyers who don't have a 20 percent down payment are finding it harder and harder to buy a home. And with the news media keeping the headlines a bit on the negative side to get your attention.... I wanted to try to help reassure you that there are ways to … (9 comments)
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perfect financial solutions: What's going on in Stockton for the rest of December - 12/12/07 10:40 AM
Stockton Activities for the rest of December. San Joaquin Central Valley, Come One Come All!
Ice on the Delta!November - January
>
MERRY CHRISTMAS to you and your family & Friends!
the Mother and Daughter Realty TeamPerfect Financial Solutions - We care about our clients Tel.: 866-750-8282Fax: 209-879-4601http://www.motheranddaughterrealty.com … (0 comments)
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perfect financial solutions: Why look for a new home now? - 12/11/07 09:43 PM
San Joaquin - Central Valley - Stockton
Buyers
Here are a just three of the reasons you should be buying a home right now!
The times are ripe - right now!
1. Interest rates are at historic lows. 2. Home prices are favorable.3. More options and more choices of homes available.
Buyers just … (6 comments)
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perfect financial solutions: Christmas Traditions - 12/11/07 06:04 PM
I want to make this a fun post. I'd like to hear what some of your Christmas traditions are:
I will start the list off:
Please share with us your family's traditions.
Santa Claus - making cookies and leaving them on the fireplace mantel for Santa Claus - oh with a glass … (16 comments)
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perfect financial solutions: Buyers need to know - 12/11/07 02:31 PM
Buyers need to know. In my last post I covered facilities that fall under the Safety Codes of exemption for requiring declosure of their existance in a neighborhood, the list below are some of the items that fall under the standard points of disclosure requirements in California.
Some sure fire disclosures that … (6 comments)
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perfect financial solutions: Loose Lips might sink the ship! - 12/11/07 11:56 AM
Disclose, Disclose, Disclose!
BUT.....................Be careful how and what you disclose.
Scenerio: There are numerous homeowners that use their home as facilities in the San Joaquin/Stanislaus and other California neighborhoods to provide licensed care for children, Foster care, seniors, recovering alcoholic or drugs, VA vets, etc. that are either a Day Care, Foster Care, Senior … (0 comments)
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perfect financial solutions: Ready to go to war?.... make an offer on a REO property! - 12/11/07 01:29 AM
Well maybe not real war, but Stress for sure!
Buyers: All bargains are not good bargains, but some are: How do you know the difference? There are so many properties in the Stockton - Modesto area that are REOs. REOs can be just as hard to negotiate as a short sale!! … (4 comments)
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perfect financial solutions: Meltdown or FREEZE ? - 12/05/07 11:16 PM
The news today on the meltdown gone to a FREEZE....
If I heard this right, the next plan to help our foreclosure problem is focused on the loans made between 2005 and June of this year (lets call it the 30 months), and I am sure there will be criteria for those … (6 comments)
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perfect financial solutions: Here come the judge! .....BK judges might get to help the foreclosure problem ! - 12/05/07 02:08 PM
If this bill passes there maybe some relief for those that file bankruptcy - Chapter 13 (payment plan) in an effort to set up payment arrangements that they can afford in order to hold onto their homes.
This bill could Help Home Owners at the Brink of Foreclosure : U.S. Sen. Dick Durbin … (2 comments)
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perfect financial solutions: Ah..... the sweet set up to sell..... - 12/04/07 01:35 PM
Make sure your house is on the list to get a SOLD or at least a PENDING status! Talk to Santa and then take his tips to heart. This will work whether you are in the San Joaquin Central Valley or you are in some other great location.
This is the most … (2 comments)
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perfect financial solutions: Owners have rights, Tenants have rights too-- all God's children got rights! - 12/04/07 02:48 AM
OK! I will admit that I am guilty of bashing the "tenants from hell" and I still stand on that. Tenants can ruin an owner's property in no time flat. I have seen and experience with several of my owners the aftermath of tenants gone bad.
HOWEVER, in defense of the tenants that … (4 comments)
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perfect financial solutions: Short Sale agents are reporters too! - 12/03/07 01:40 PM
Real Estate Agents have to become report writers!
Before you submit all the data to the lender for a short sale approval, remember you have to do your homework.. you will need to write down what you see and feel about the property so that the lender that is from another state … (6 comments)
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perfect financial solutions: Short Sale tip: Release party! - 12/03/07 01:11 PM
Information submitted should be representative of all parties signed on the note. In a situation where a quit claim deed has been executed, information is required from all parites signed on the loan unless a Release has been filed. Although monetary interest in a property has been conveyed, a quit claim … (0 comments)
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perfect financial solutions: Go above and beyond...... it might pay off! - 12/03/07 12:50 PM
Things to keep in Mind about Short Sale negotiation requirements:
The real estate commission will usually not exceed five percent (5%) in a two (2) broker situation.
THIS IS WORTH NOTICE: In some cases the real estate commission will not exceed three percent (3%) in a one (1) broker situation.
NOTE:** Real estate commission MAY, in … (3 comments)
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perfect financial solutions: Is your home ready? - 12/01/07 10:47 AM
Well you can sure tell when the market has changed and there is low incentive to put energy into making your home look great and buyable.
Here are some staging tips that I'd like to share with those that are finding it harder and harder to get their home ready for a sale.
Rule of … (8 comments)
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perfect financial solutions: Short sale approval is not AUTOMATIC! - 12/01/07 10:08 AM
The last number I heard for Subprime loans that are in foreclosure: 161,540 for US.
There is nothing AUTOMATIC about short sales - they can STICK you and the STANDARDS can be different with each lender!
Let me tell you a couple of things about short sales/foreclosures
1. You decide you're … (8 comments)
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perfect financial solutions: Give Protection.....Get Protection! - 12/01/07 09:20 AM
Some people don't realize the many benefits of a Home Protection Plan. However, as an experienced Real Estate Professional, I would like to point out how a qualify Home Protection Plan can benefit you, whether you are buying or selling a home. A good Plan ensures the repair or replacement of … (4 comments)
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perfect financial solutions: 1809 Verano Street - Sacramento, CA 95838 - 12/01/07 08:53 AM
This charming updated 3/1 (Built: 1941; 728 Sq ft; Lot: 6098 sq ft)home is a great buy. Updates include: wood and tile floors, custom trim, crown moldings in kitchen and bathrooms. The yard is gated, has a nice tree house in the front yard, has spa and wet bar in backyard. … (5 comments)
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perfect financial solutions: Tell Santa to bring you.......backup - 12/01/07 08:16 AM
Right around the corner??? Yes, Christmas is right around the corner and here is a great useful tool that will help you in your real estate business. Ask Santa to bring you a Flash drive!!!!
Almost everyone who uses a computer knows the importance of regularly backing up his or her data … (16 comments)
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perfect financial solutions: 369 Gamay Ct, Manteca, CA 95336 - 11/29/07 09:03 PM
Great starter or investment property. This charming 3bed/2bath is 1362 sq ft with lot size 4356 sq ft. located in Cul-de-sac. Bedrooms are upstairs, with walk-in closet in master. Kitchen and breakfast nook is combo with opening to living room. Close to park, shopping, transportation, and quick access to HWY 120.
Short … (5 comments)
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perfect financial solutions: 3697 Hepburn Circle, Stockton, CA 95209 - 11/27/07 11:40 AM
This charming 3/3 (1300 sq ft/lot: 4,356 sq ft) (Built: 1998)is located in a quiet neighborhood. 2-story w/upstairs master, 1bed/bath downstairs, great room w/fireplace, inside laundry. Spacious kitchen. Gargage is made into a room but not permitted - partition can be removed. A must see.
Short Sale: Price, terms, conditions, expense & … (6 comments)
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perfect financial solutions: Simply..Get a move on ! - 10/30/07 11:34 PM
Here are the steps from getting ready to buy all the way to closing......
so Buyers get a move on and get yourself a new home.
Step 1: Spiff up your credit
Step 2: Start saving for a down payment and closing costs
Step 3: Calculate how much house you can afford
Step 4: Shop … (3 comments)
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perfect financial solutions: One or Two-Step approach? - 10/29/07 10:41 PM
Do you take the 1 step or the 2 step approach to your listings? Do you find that most of the basic information you are trying to share with your sellers are going right over their heads - from fees to fiduciary responsibilities or how to price their home? Did you … (5 comments)
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perfect financial solutions: How will you promote your business? - 10/28/07 08:34 PM
It is almost Halloween and I find myself asking that question again.... what will I do this Halloween to promote my business?
I am thinking of doing a flyer - rolling it up and putting it in a little plastic halloween bag with a business card and of course some candy or treats … (6 comments)
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perfect financial solutions: "I Love My Profession Because..." In a word... Fulfilment! - 10/28/07 07:17 PM
I am writing this because it comes with no strings, and it was a request of a great blogger friend of mine Mike Mueller.... I love that he asked me to write and just don't even think about it, just write and write about the good things because the bad ones … (4 comments)
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perfect financial solutions: Foreclosure: What are you telling your clients? - 10/24/07 01:38 PM
I have spoken to people that are not having much luck with contacting their lender in an effort to work out a payment plan in order to help them get back on track. They call their bank as soon as they miss a payment and try to put together a forbearance agreement, … (11 comments)
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perfect financial solutions: Solute to Breast Cancer Awareness Month - 10/24/07 12:33 PM
I wanted to take this time to pay personal tribute to this month of Breast Cancer Awareness. I tried to get my pink ribbon on my photo but was not successful at getting that and I did not want this month to pass without me showing my support for this great … (9 comments)
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perfect financial solutions: Short Sales: What might come up! - 10/24/07 11:02 AM
Lets list some of the consequences of a short sale that will help pull the information together and help in getting the head out the sand:
What types of problems may come up?
Sale doesn't close - SELLER
ForeclosurePotential servicing of two properties (if seller has acquired a new home or rental)Costs of failed … (4 comments)
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perfect financial solutions: Buyers: Check and compare, then make your offer. - 10/21/07 09:44 PM
Tips on how to determine Your Offer Price: When you prepare an offer to purchase a home, you already know the seller's asking price. But what price are you going to offer and how do you come up with that figure?
Determining your offer price is a three-step process.
First, you look … (8 comments)
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perfect financial solutions: Buyers: Tip to help you qualify for a loan - 10/21/07 09:13 PM
Tip: Get Approved/qualified BEFORE you get a new car!
Think about buying a home first. Buying a home is a much more important purchase when considering your future financial well being.
Suppose you earn $5000 a month and you have a car payment of $400. At current interest rates (approximately 8% on a … (12 comments)
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perfect financial solutions: Bash it out in San Joaquin County - Trick or Treat! - 10/10/07 01:04 PM
San Joaquin County - Halloween Activities - Pumpkin Patch and all......
A Maze 'n' Patch - Pumpkin Patch and corn mazeEight Mile and Lower Sacramento roads, Stockton, CA. Phone: 209-369-6011 Bogarin Farms - apples4351 E Armstrong, Lodi, CA. Phone: 209-369-0791. Fruits and U-pick apples, school trips Buon Giardino Produce - pumpkin patch16220 … (0 comments)
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perfect financial solutions: Always have a Plan B ---- The "Perfect" solution. - 10/09/07 03:18 AM
So what do you do when your broker first tells you the office is looking into downsizing (End of August) ... due to the cuts in sales.... then tells you later that not only are we "cutting back" but we are going "virtural office"(Mid September) and then later (about 3 weeks … (16 comments)
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