REO Progress Part 10 By: Bryan and Neilla Vargem (Dave Williams Real Estate)

OK, first let us say THANK YOU, to all the agents that gave us great advice and support thought this journey of ours. Well we got our first listing assignment (whoooooooohooooo) late last week. We got lucky it was a great home that was well cared for, it has new windows,

REO Progress part 9 By: Bryan and Neilla Vargem (Dave Williams Real Estate)

Good Day
Well here we are, just as a re-cap we started signing up with companies about 60 days ago. We have filtered through the BPO mills and companies that issue REO Listings. We have had a wide variety of different BPO on both the commercial and residential side. This has

REO Progress Part 8 By: Bryan and Neilla Vargem (Dave Williams Real Estate)

OK, so the journey continues. We are getting BPO's from several companies at this time, commercial and residential. When we first started signing up to these companies, we were only getting orders from one company. Now we get 1-3 companies a week calling us personally and asking us if we can

REO Progress Part 7 By: Bryan and Neilla Vargem (Dave Williams Real Estate)

Happy Sunday to you all, well yesterday we had to do our first out of town BPO's. Two different companies called us and asked us to do them a favor, we of course said sure. One was a Gas Station commercial property in South Lake Tahoe CA. I have done my

REO Progress Part 6 By: Bryan and Neilla Vargem (Dave Williams Real Estate)

So far we are doing about on average 3 BPO's per day. we think that is great considering we just entered this type of market. We have had a few asset management companies state to us that we will be receiving REO listings coming up in the next 30 days (and

Lodi ZinFest Wine Festival May 15-17 2009 By: Corie Gorham (Century 21 M&M)

ZinFest Wine Festival is a great celebration of Lodi wine, food and fun!This year, three distinct events make up this weekend of wine tasting bliss. Friday, May 15 will be the ZinFest Vintner's Grille - a casual evening of fine wines under the stars at Lodi Lake. Saturday, May

Lodi Wine and Chocolate Extravaganza! By: Corie Gorham (Century 21 M&M)

That's right, Wine and Chocolate weekend in Lodi!
Over 40 venues will be participating in this years event. Our localwineries will be offering tastes of their their wine, paired with delicious chocolate. There will also be live music, new releases, food pairings, art shows, and tours.
At Chocoholics chocolate

Now is the time to buy! Monthly Mortgage payment $775.00 By: Corie Gorham (Century 21 M&M)

Today, a customer looking to buy a house under $150,000, having 3.5% down payment, at 5.% interest rate, equates to a monthly mortgage payment of $775.00!!! This monthly payment also includes principle and interest. Income required for this loan $30,000. Can you believe it?
Do you know anyone in Lodi,

Prepare for the unexpected in purchasing an REO By: Corie Gorham (Century 21 M&M)

Have you ever purchased a 'mystery gift' from your favorite catalog? You know, pay $50.00 for a $100.00 gift. You don't know what the gift is, but you do know it's a good deal. This is very similar to buying an REO. REO properties makeup the majority of our local inventory

Your home value has deprecated, so get your property taxes adjusted! By: Corie Gorham (Century 21 M&M)

I've got some good news for those of us stuck in a declining real estate market. If your property is worth less than what you paid, you may qualify for a reduction in your property taxes.
If your property taxes were not automatically adjusted, contact your county tax collector. Once your

Lodi Median Home Prices down 38% By: Corie Gorham (Century 21 M&M)

American Houseing Rescue..How does this help YOU? By: Corie Gorham (Century 21 M&M)

The American Housing Rescue & Foreclosure Prevention Act, was signed July 30th, 2008 and will go into effect October 1, 2008. This bill is designed to assist distressed homeowners in order to avoid foreclosure, to provide support to mortgage giants Fannie Mae and Freddie Mac andgradually stimulate the housing industry.
If

Median Home Prices Continue to Fall for the Month of May By: Corie Gorham (Century 21 M&M)

Lodi Median Prices Fall in April 2008 By: Corie Gorham (Century 21 M&M)

Bank Owned Properties have created the market. Currently 70% of all sales are Bank Owned Properties. Here is a comparison between April of last year and this year.
Home Sale Activity by City for San Joaquin, Sacramento and Stanislaus County.
Homes Sales Recorded in April 2008
County/City#SOLDApril2008April2007% Change

Reporting

My daughter just graduated from 6th grade! What's next? By: Century 21 M & M & Associates

My only daughter who is in between an older brother and a younger brother, just graduated from George Washington Elementary School. It is was a pleasant afternoon as my daughter joyfully recieved her 6th grade diploma. And yes it was an emotional time for me as well, to realize, that yes,

Lodi GrapeSox Baseball. The Crush is on! By: Corie Gorham (Century 21 M&M)

Baseball is back in Lodi. Our Lodi GrapSox's play in the Sierra baseball League at Zupo Field. Opening night is Friday, June 6th at 7:05 pm. The GrapeSox have planned something special for every home game. Youth Sports Night, fireworks, Vintage Car Night, Hannah Montana Night, and $2 Beer Night, are

Come drink and dance with me in Lodi! By: Corie Gorham (Century 21 M&M)

Award winning wines from 50 Lodi wineries,
enjoy delicious food, live entertainment, wine and cooking school,
blend your own zin, arts, and crafts.
Tickets are $35 in advance and $45 at the gate.
Purchase Tickets
The official site of Zinfest will provide you with directions and answer any questions.
If you have any real estate questions

Foreclosure... Clear as Mud! By: Corie Gorham (Century 21 M&M)

We can't seem to discuss real estate without mentioning the wordforeclosure. Just last month, 70% of all property sales in California were foreclosures. In speaking with clients, friends,family and colleagues, I've recognized the need toexplain the foreclosure process in California.
Notice of Default is the start of the foreclosure process.

Financing update for Lodi, Galt and Stockton By: Corie Gorham (Century 21 M&M)

Attention all buyers, sellers and agents in the greater Lodi, Galt and Stockton communities.
100% financing is no longer available on conventional loans. Loan to value can't exceed 92%. 8% is the new minimum requirement. Investment properties are requiring 20% down, in a declining market. Buyers, if you are involved in a

Green Beer at the finish line? By: Corie Gorham (Century 21 M&M)

Eight weeks of training (running aroundcircles inLodi), a knee injury, two nights of carb loading (my favorite part) and it was time to run. March 16th. was the annual Shamrock'n Half Marathonin West Sacramento.Thankfully, the weather forecast of rain was incorrect, but the brisk wind made for a challenging race.