homes: HELP! I CANT MAKE MY HOUSE PAYMENTS !!! - 11/19/08 06:17 AM
Facing Foreclosure? Received a Notice of Default?                                                     Fresno California
First of all - BEWARE OF FORECLOSURE SCAMS.
If you're behind on your house payments and at wits end as to what to do, here is what I suggest:
#1) Find a HUD approved counselor  in your area or contact and orginization like Neighborhood Works.
It's very important during such as stressful event that you have competent counsel and let's face it - a little hand holding through tough times doesn't hurt. There are are many Realtors© who can empathize with your situation (we have heard more than our fair share … (1 comments)

homes: Facing Foreclosure? Dont Know What to Do? - 11/11/08 09:12 AM
First of all, you're not alone. Hundreds of thousands of households all across America are facing foreclosure.  
 
First: BEWARE  OF  FORECLOSURE SCAMS.
I had a homeowner call me recently that asked for help in retrieving the money she gave to a company to save her home from foreclosure.  The company that took her money did absolutely NOTHING.  Realtors© are NOT ATTORNEYS and cant help you after you have been scammed.  Report the scammer to the police and have the local District Attorney help you.
Second: Know that there is help available through legitimate non-profit orginizations.  I suggest Neighborhood Works, " … (1 comments)

homes: REO SALES - THROW OUT THE RULE BOOK - 10/31/08 09:33 AM
Lazarus Realty recently represented a lender in the sale of a bank owned property and for all intents and purposes you can just throw out the rule book when conducting these  transactions.  I forwarded a disclosure package to the lender and NEVER got a response.  Not all of the disclosures that I requested to be signed were mandatory but some disclosures are state or federally mandated.After not receiving any reply by email from the lender (again, who I was representing) I called and left messages: nothing.I then wrote the asset manager an email requesting that if he was not going to … (5 comments)

homes: Fresno's Halloween Hillbillies - 10/14/08 02:31 PM
I went up to Huntington Lake over the weekend and passed through the foothill town of Auberry where I got these pics.


 
Personally, I'm at ONE with the Hillbillies. I have a daughter and son-in-law who live in Prather (next door to Auberry). If you are interested in buying property in the Fresno foothils, call me @ 559-301-1647 and let me help you find a property. There are several several foreclosure properties on the market in the Prather, Auberry, Tollhouse region.
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homes: Fresno California Market Statistics - 10/14/08 12:56 PM
Here are the 24 hour market stats for the Fresno California Real Estate Market:
Its fairly a apparent from the stats (as in Price Reductions) that prices continue to decline but you have to understand that many of the listings with price reductions were WAY over priced to begin with and either the banks or the owners are just figuring it out.

Our monthly sales figures are improving.  As priced drop buyers continue to move into the market.  I just closed an escrow for a first time home buyer and have an offer out for another young couple seeking to … (0 comments)

homes: I Sometimes Go Here -- Just to Read and Think... - 09/23/08 06:58 PM
This is down along the San Joaquin River.  I think this is a "community chair".  The chair was sitting right where you see it the other day and it really was an idylic scene.

 
WANT TO BUY A HOUSE OVERLOOKING THE SAN JOAQUIN RIVER? CALL ME: 559-301-1647
 
© Randy "Lazarus" McAtee
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homes: The Fresno Real Estate 2.5% Market Meldown - 08/16/08 07:37 AM
 
 
 
 
 
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homes: Blogging - Does it Pay? - 07/19/08 08:11 AM
 
 
 
 
 
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homes: Mortgage Fraud in Fresno - 07/15/08 01:14 PM
Today I went to a presentation given by a Fresno Deputy District Attorney on MORTGAGE FRAUD in our local market.  Listening to the kind of schemes that people use to defraud others was enlightening.  Criminals are just that: Criminals.  And they don't give a second thought to lying, cheating, or stealing.  If they can do it and get away with it - THEY WILL, or at least they will try.
One of the more interesting topics the DA  spoke about was a woman in town who is actively engaged in seeking to gain property by adverse possession.  Now there is a … (0 comments)

homes: Pre-Viewed Homes by Lazarus -- Homes For Sale In 93711 - 03/31/08 01:27 PM
Yesterday, as I often do, I drove around the neighborhood View Larger Map looking for open houses to preview. Their weren't many which is one of the good things about this area: very low turnover. It's not a great market for the real estate agent who "farms a neighborhood" for that very reason. Many of the folks around here are original owners (from the 50's and 60's) or have been around for quite awhile.
We have lived in Northwest Fresno's 93711 zip code for 20 years and we really like it here. The only drawback is the Bullard schools don't have … (0 comments)

homes: Official beginning of the Recession… - 01/14/08 04:22 AM
I am marking today’s date, January 14th 2008, as the official beginning of the recession.  I’m certain it is because just a little while ago I was headed to Starbucks to buy some coffee for the office and just when I would have turned left to go into the SBUX lot I turned right instead and went into Savemart - yes, you heard me right: Savemart.  I decided I would buy some Folgers instead.
Gosh, how long has it been since I have bought Folgers?  So long I didnt even recognize their new packaging.  I remember a metal can; now its … (3 comments)

homes: Fresno CA Real Estate Market Update - 01/13/08 05:28 PM
Well I just saw a news report that said the the median price of Fresno homes in December was $249,000.  In the update for November the median price was at $255,000 so the market saw another dip ~~~~~YAWN~~~~~ .
As a reminder the peak was June of 2006 with a median price of approx $314,000 so prices are down approx 22% from the highs.
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homes: More Fresno Real Estate Market Statistics from Lazarus - 12/17/07 02:02 PM
I just added a link on my website that gives the MLS marketing data from 2000 to the present.  It is titled:
Fresno MLS Historical Data January 2000 – November 2007 
The file is in PDF format Fresno Association of Realtors.
It contains lots of statistical information and the following graphs:
Median List Price to Median Sales Price ComparisonNumber Of Sold Listings By MonthAverage Days on Market (DOM)  Take a look.
 
If you're looking to buy or sell real estate in Fresno, Call me, I can help.  559.301.1647
R. "Lazarus"  McAteeBroker/Owner Lazarus Realty
 
 
 
 
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homes: Clovis Home For Sale - Exclusive Offering by Lazarus Realty 559.301.1647 - 12/07/07 10:14 AM
NEWER HOME * CLOVIS SCHOOLS * GATED COMMUNUTY * Price to sell at $286,670 !!
This 4 bedroom 2..5 bath home is located in the gated European Parc community. Immaculately maintained, and built in 2004, this home features a formal dining room, family room with gas fireplace, and living room in 1970 sq. ft of living space. The master bedroom has its own large master bath with separate tub and shower, and his and hers walk in closets. It has an alarm system and all the appliances go with it, including the washer and dryer. Call Lazarus today to schedule a showing: … (0 comments)

homes: Fresno Market Statistics - 12/05/07 01:26 PM
THE GOOD NEWS:
According to the information provided by The Office of Federal Housing Enterprise Oversight (OFHEO)
in their LAST REPORT
Property values in Fresno CA increased 97.52% in the last 5 years.  Fresno is actually way up there in the ranks for home appreciation [ mostly because prior to the run up prices were so depressed]. 
THE BAD NEWS:
According to the same report Fresno Housing Prices gave up 2.62% in the last quarter and 5.74% for the year.  Those numbers, however, conflict with the those reported in the Fresno Bee, Sunday DEC 2, 2007 (Real Estate Section - page D2) where numbers from … (2 comments)

homes: Fresno Real Estate Broker Takes On Market Singlehanded!!! - 11/20/07 02:13 PM
Fresno's Foremost Blogging Broker has his left hand in a cast and is lamenting has decided to take on the market AND the Blogosphere SINGLEHANDED.   
That's right folks!Just because I am unable to type at the speed of thought while my hand recovers doesnt mean I have to cease blogging.  I AM HANDICAPABLE! I will continue to blog.  I will learn to compensate: condense thoughts; type faster with the hand i DO have..  
THE CUP IS HALF FULL. I STILL HAVE ONE HAND! 
I CAN at least write blogettes.
One thing is certain, having only one hand DOES NOT effect my ability to … (2 comments)

homes: Guarantee Real Estate Threatens former Associate With Collection or Legal Proceedings... - 11/17/07 03:00 PM
Fresno Real Estate Market. 
DESPERATE TIMES REQUIRE DESPERATE MEASURES.
On Thursday (Nov 15, 2007) I received  letter from my former broker, Guarantee Real Estate, where I hung my license from Nov of 2002 to May of 2006.  The letter was signed (and I assume written) by one Brian K Cuttone, Vice President and General Counsel.  As far as I know it is the only correspondence they have ever sent me since I left the company in May of last year.
I left on good, no I would up that to,  excellent terms with the company, in particular with my managing broker at the … (5 comments)

homes: Fresno CA Real Estate Market Update - 11/08/07 10:42 AM
Sales Statistics for the month of October 
Down,Down, Down She Goes - and where she stops, nobody knows!
It would be nice to be able to report an improvement in the numbers, but that's just not in the cards.  The Fresno Market has a large (HUGE) supply of unsold inventory on the MLS which is only aggravated by large numbers of unsold new homes by the builders.  Builders are offering substantial incentives to attract buyers.  I received a correspondence from a broker representing D. R. Horton informing of builder incentives of $40,00 to $60,000  with an additional $10,000 towards closing cost and very … (0 comments)

homes: Information On The Fresno CA Real Estate Market - 11/01/07 10:28 AM
Here are some stats on the Fresno Market:
In the last 24 Hours the Fresno MLS had 168 residential listings that expired.  The average time on the market for those listings was 165/185 days.What does this mean?
It means these properties sat on the market approx 6 months with no buyers!
Who is to blame? 
Agents for taking an overpriced listing to begin with.Sellers for either expecting or NEEDing too much money.Why do I say "needing?"  Because I look at the public records and see that many of the sellers either bought or refinanced in the last 2 years and I can tell by … (0 comments)

homes: DO NOT BUY or SELL IN FRESNO .... - 10/17/07 04:22 PM
... at least not now, unless you absolutely have to. 
I've read several posts on AR in which the agents are making statements like: now is the time to buy; you dont know where the bottom is; interest rates are low; real estate is always a great investment if you're patient; etc. 
DONT BUY IT -- and I will explain in the graph below why.
If you ask me, ***now is a lousy time to buy and a WORSE time to sell.
Dont get me wrong, if you're in the Fresno area and feel you really need a home to live in, I'd be … (1 comments)