san joaquin: Custom Home in Modesto, CA - 05/01/08 12:01 PM
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san joaquin: Got R-E-O Countered? - 04/25/08 02:49 AM
You submit an offer and you get countered? What does it mean?
Some buyers mistake a counter for a turn down or that it is etched in stone. It is not. It is an opportunity to open up the negotiations or it can be.
Don't mistake a counter as a turn downDon't mistake … (16 comments)
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san joaquin: Is Countrywide using SALT to make Lemonaide? - 04/20/08 07:54 AM
When the loans were rolling out like there was no tomorrow - Countrywide was the Industry leader for serving "lemonaide" to the borrowers and homeowners ~ or so they called it. Now that same Industry leader is backing out of helping the mess they lead the industry in creating. Something is really … (17 comments)
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san joaquin: Making a REO/bank owned offer? - - here are some tips! - 04/19/08 03:48 PM
Found a REO / Bank Owned property that you want to make an offer on but not sure how to make the offer?
What you want: So you want everything fixed, termite Section 1, bank to pay all the escrow fees and on top of this pay a 6% closing cost … (30 comments)
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san joaquin: Affordability - and What is Rock-Bottom? - 03/01/08 06:24 AM
Rock-bottom, what does it mean? Where does Stockton, CA fit into affordability? Well, I can tell you some good news. Stockton is not #1 on the least Affordability List, but on the other hand it is not on the #1 Affordable list either. I was actually somewhat surprised (and Happy) to … (2 comments)
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san joaquin: Let's take a Train Ride!.... On How to buy REO properties (Part II) - Finding the right property - 02/27/08 11:10 AM
OK so I promised a train ride. I always try to keep my words... so lets move on to Part II on my REO training.
We now have our list of great opportunities for our buyer.We have advised our buyer of what are the standard requirements for bank owned propertiesWe have … (1 comments)
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san joaquin: Short Sale, Foreclosed, Auction, & REO Properties - Know the difference BEFORE you start your search - 02/24/08 06:37 PM
There are certainly some good deals out there but be very careful what you choose to purchase and be willing to follow the bank's addendum to the T and the requirements to submit an offer is a different requirement in most cases. Just know the difference between the types of Foreclosure resulted … (8 comments)
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san joaquin: Looking Forward to Meeting You - 02/08/08 03:10 PM
So I'm finally joining the Blog World! (Actually I have another profile I need to delete. Anyone know how?)
This initial post will be short to avoid putting anyone to sleep. As my profile states, I'm a third generation Amador County Realtor. My mother's father was one of 5 brokers in Amador … (2 comments)
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san joaquin: Default properties... what kind of buyer is an agent looking to represent? - 02/02/08 11:46 PM
What kind of buyer is an agent looking to represent ... if the property is in default?
Disclaimer: All buyers are welcome to purchase what they can afford.
However, the purpose of this post is to say... An agent should NOT represent a buyer if these four points are true:
1. The buyer will … (8 comments)
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san joaquin: Housing market is down .... Lets see about lowering your property taxes! - 01/30/08 03:25 PM
Since property values have declined in many cases - especially in the San Joaquin County CA, Stockton, CA area due to the sub-prime mortgage foreclosure rise, this might be a good time to order an appraisal for your home. If the value has declined, you may be able to request lower … (14 comments)
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san joaquin: So where does Stockton, CA fit into Home Sales results? - 01/23/08 07:50 AM
Most of the Q4 numbers are in. The prediction is that we will see a rise in Foreclosures before the numbers start to decrease. What are the numbers in your area?
Stockton, CA sold almost half the # of homes as the entire San Joaquin County. Tracy, CA came in second. San Joaquin County has experienced a … (2 comments)
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san joaquin: California Notice of Default results for 2007 are in! - 01/23/08 07:24 AM
So where does San Joaquin County, CA fit ?
San Joaquin County is the 5th highest in % of change in Notice of Default recording for Q4. In order of % change: San Benito is #1 (314.3%); Monterey is #2 (260.1%); Merced is #3 (203.2%); Sonoma is #4 (199.7%) and San Joaquin County … (4 comments)
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san joaquin: I bet you didn't know that......... - 01/20/08 02:38 AM
TRUE or FALSE???
Over 2/3 of homeowners in foreclosure, do not realize that their lender does have workout options available to help them avoid foreclosure? Some options will help you SAVE your HOME or will suggest a Short Sale.
That lenders do not really want to take their home? That having excess inventory of foreclosed … (4 comments)
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san joaquin: Something Agents, Mortgage Brokers and Buyers should know..... - 01/14/08 07:37 PM
NEWS FLASH!
Not that it is something smacking brand new....but it is something that agents, mortgage brokers and buyers should be informed about.
By knowing this, it can help to save a deal.
I am finding that most REOs are requiring that the buyers that submit offers include a Pre-Approval or Acceptance from … (8 comments)
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san joaquin: 3697 Hepburn Court, Stockton, CA 95209 - 01/13/08 04:42 AM
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san joaquin: Cart Before Horse or is it? ..... One Lender's Short Sale approach - 01/12/08 09:11 PM
If you are doing or will be doing short sale -- give this some thought. Came from a City Residential Loss Mitigation Representative.
I spoke to a City Residential Loss Mitigation rep and she told me that she uses a different approach that most on how to work her short sale inquiries. … (4 comments)
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san joaquin: Sample Letter: Short Sale Letter of Authorization - 01/12/08 03:51 PM
One of the first items an agent will need is to get a Letter of Authorization signed by the owner. This authorization when faxed into the lender will allow your agent the authority to speak with the lender regarding your loan. This does not give the agent the authority to make any changes … (6 comments)
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san joaquin: What's so SHORT about a Short Sale? - 01/12/08 02:34 PM
Short sale - Can anyone tell me why they call it a short sale? Is it short? Is it close to short?
Here is why I am questioning the name: SHORT Sale. The only thing that is SHORT is your Equity, Value of your home and the lender getting paid short of what … (8 comments)
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san joaquin: 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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san joaquin: Listen up! California passed new laws! That may affect you.... - 01/01/08 01:35 AM
2008 California Laws
1. DUI and kill someone, you will be facing murder charges.
2. Smoke in the car with a minor child (under 18) and you will be fined. California's ban would prohibit smoking in a vehicle containing anyone under 18, but the traffic stop would have to be made for another … (10 comments)
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san joaquin: Are you Short on Equity and Low on Cash? - 12/31/07 11:27 PM
This is a very important question. Here are some more important questions:
Are you in trouble with your mortgage because you have had or are in a hardship? Are you in default with your mortgage? How is your credit? Have you contacted your lender to try to work out a plan to … (0 comments)
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san joaquin: 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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san joaquin: 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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san joaquin: 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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san joaquin: 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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san joaquin: 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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san joaquin: 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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san joaquin: Sellers: Don't know why your house is still on the market? - 12/10/07 11:36 PM
House on the market too long? Don't know why? Feel like you have the worst house in the area because it is not selling? Or do you blame your agent?
HINT: -------Lower your price. This just might help!!!
If your home is already in the best condition possible, and you've already raised the … (0 comments)
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san joaquin: Anybody got a bandaid? - 12/09/07 03:25 PM
Good news for a small few --- not even a bandaid for most! As I wrote in a previous post Who will get help? there seems to be a problem with coming up with a plan that will really help the foreclosure problems. I mean we are hearing that there are … (8 comments)
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san joaquin: 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 … (0 comments)
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san joaquin: 1966 Inderbitzin Way, Manteca, CA 95336 - 07/30/07 09:53 PM
Look at this HUGH, Lovely, Charming, greatly located home.
Great buy!
$540,000 w/$5K buyer credit. REDUCED TO SELL. This Hugh home is for sale in Manteca. This is a great family-ready home. This lovely 2-story, 5 bed/3ba (3305 sq ft/7841 lot), built 2004 and is located in cul-de-sac, 3-car garage. The interior is … (5 comments)
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san joaquin: Foreclosures, BPO's, and REO's - 06/02/07 08:43 PM
Hi my name is Tammy Spillers and I'm a Realtor here in Modesto, CA. I have spent the last 2 getting every bit of information I could find on foreclosures. They now call me the Foreclosure Specialist, I get tons of calls with questions everyday from Realtors and people needing information. … (36 comments)
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san joaquin: Porterville, CA Pix - 05/19/07 01:14 AM
Oh my! If you've ever been to Lindsay, CA or Porterville, CA or Pismo Beach, CA you probably have eaten at Coleman's. In fact, my own parents met at Coleman's in Lindsay 51 years ago this June 2007. They just celebrated their 50th wedding anniversary! I would like to recommend the … (3 comments)
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san joaquin: I Won't Bug You! - 09/21/06 11:03 AM
LOOKING FOR A NEW HOME?ARE YOU GOING FROM WEBSITE TO WEBSITE TO GATHER THE INFORMATION YOU NEED? WHY NOT LET ME DO THE WORK?I have access to listing information that the general public cannot get to. I'll be happy to provide you with valuable information that will help you with your … (3 comments)
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san joaquin: My first lender referral - 09/02/06 03:35 AM
My first lender referral:
Time: 2:24 PM Pacific 9/2/2006
Duration: 3 minutes, 24 seconds
This is a very exciting day. A lender I don't know wants to give me business. I'm stoked. I received a call from a lender today who is an associate of one of my clients. She is the lender … (3 comments)
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