buyers agents: WAH WAH WAH!!!! DON'T CRY ABOUT WRITING MULTIPLE OFFERS!!!! - 10/09/09 11:36 AM
Well here's the truth America! Your favourite realtor hasn't been in the real estate business long! To be truthful it's only been about 2 years and a few months...that little time span is enough to tell you that it's been a struggle and I have learned so much in such little time. I recently took a regular sale, yes that's right I didn't stutter a regular seller who can choose to sell his home if the price is right without have a bank tell him what's right or wrong. Well before I took this listing, I was working and still continue … (5 comments)

buyers agents: WHAT'S GOING ON??? DID HOME PRICES REALLY DROP??? - 04/22/09 05:01 PM
Turns out prices are dropping! Yes they have definetely dropped..... but sales have drastically increased
take a look for yourself!
 
                                  DOWNEY HOME SALES REPORT FEBRUARY 2009 

 
THINKING OF BUYING? DON'T THINK TOO LONG..... RIGHT NOW YOU KNOW PRICES ARE LOW WHY NOT
BUY WHEN YOU KNOW INSTEAD OF RUSHING TO BUY WHEN YOU DON'T!

(0 comments)

buyers agents: The HEAT around the corner! or (where have all the repo's gone?) - 02/23/09 03:28 PM
I don't mean it's getting hot as in weather here in sunny California, what I mean is the amount of buyers around
the corner when another low priced foreclosure hits the market. It almost felt like I had a sticker on the back of
my car that read: "FOLLOW ME TO A LOW PRICED REPO!"   What point am I trying to make you might ask? Well
contrary to media reports I am going to go ahead and say that in my local market buyers are buying up all the
repos like funnel cake! I mean we've got agents in my … (0 comments)

buyers agents: BASIS FOR WRITING A CORRECT OFFER ON A BANK OWNED PROPERTY! - 01/27/09 03:09 PM
THIS SHOULD HAVE BEEN TITLED : BASIS FOR WRITING  A CORRECT OFFER
First you must understand that banks have decided on the price by having individual brokers give broker price opinions on the asset/property  
You must also understand that brokers giving the bank a price opinion will sometimes give a higher value to get a listing, this is not common when the broker has been doing bank owned for a while. It is seen mostly with new brokers trying to get an REO account  
When the opinion is over priced you will see the listing price drop after a … (3 comments)

buyers agents: MY 2009 PREDICTION OF THE REAL ESTATE MARKET......... - 01/13/09 05:30 PM
Remember this is only a prediction and nothing more, maybe we will look back at this and say ..... boy
was that Benny Chavez guy off, or maybe boy was that Benny Chavez guy on the money! I will mention
 that I have taken plenty of real facts into account when deciding what I would predict would happen so
here it goes:
2009 Will bring double the amount of forclosures than 2008
The amount of forclosures will make some markets drop price by 10%
Interest rates will remain within 5 and 6 % till 2010
Many markets will have a … (2 comments)

buyers agents: R.E.O. explained to the best of my knowledge!!! (Real Estate Owned by a Corporate Entity) - 12/08/08 03:41 PM
Bank Owned properties or R.E.O (real estated owned by a corporate entity) sales are much easier than a
short sale. The only problem with a reo is the conditions of the transaction. In most cases the bank will
sell the property in as-is condition. Depending on the kind of financing you have in place, some lenders
will not close the escrow if the home is not habitable. In the case of the price, the price is usually set low
to attract a lot of attention. We have come up with the conclusion that on average it takes 22 showings to
generate … (1 comments)

buyers agents: Short Sale explained!!! To the best of my knowledge!!! - 12/08/08 03:29 PM
When a homes value is less that the amount owed on a mortgage, and the home owner is late making
payments on the mortgage, the bank will begin a forclosure process. If the home owner wishes to save
his credit rating and avoid the forclosure, a real estate agent is hired to market the home for sale. Since
the homes market value is less than the amount due on the mortgage, the agent begins a short sale
process. Most often we need to stop the forclosure process so we price the home below market value to
attract attention which in turn leads to offers on … (0 comments)

buyers agents: >>>BE THANKFUL FOR WHAT YOU'VE GOT!! PLEASE READ YOU WILL LOVE IT!!!<<< - 11/27/08 02:28 PM
I would like to share with you a quick exerpt from a book my broker Bruce Mulhearn wrote called : 
 
  the exerpt is called Eradio and it goes like this:
 
How do you make your mark? I was teaching a three-day seminar for 150 realtors taking their Certified Residential Broker designation course. I noticed Eradio Diaz in the front row, a blind Cuban refugee who had passed his real estate examination orally.
At the first break, I learned he was managing an office of 20 salespeople. Eradio was there to gain additional management expertise.
Working as a real estate salesperson, … (2 comments)

buyers agents: BUYERS PRICES ARE LOW!! GET WITH THE FLOW!! - 06/05/08 10:47 AM
BUYERS IT'S TIME TO BUY!!!
 
PRICES ARE LOW YOU CAN PICK AND CHOOSE FOR YOUR HOME GOOD LISTING AGENTS ARE PRICING HOMES USING BANK OWNED COMPS THE PRICES 90% OF THE TIME ARE RIGHT SELLERS KNOW IT'S A BUYERS MARKET AND ARE NEGOTIATING AGENTS ARE FOCUSING ON SERVING BUYERS BETTER THAN EVER THE MARKET IS PICKING UP AND YOU NEED TO GET WITH THE FLOW!! … (0 comments)

 
Benny  Chavez (THE CHAVEZGROUP AT COLDWELL BANKER PREVIEWS INTERNATIONAL)

Benny Chavez

Downey, CA

More about me…

THE CHAVEZGROUP AT COLDWELL BANKER PREVIEWS INTERNATIONAL

Address: 8255 Firestone Blvd. , Downey, CA, 90241

Office: (562) 896-7979

Fax: (562) 381-9114

Email Me

Southern California Real Estate Blog, LA County, Orange County, San Bernardino County


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