walnut creek: RENOVATION IDEAS - 03/27/12 09:49 AM
Conventional wisdom, as it relates to houses, is often too much convention and not enough wisdom.
Every year, somebody publishes a list of which conventional home improvements will give you the best (or the worst) return on your remodeling investment.
Remodel a bathroom. Replace your siding. Don't build a swimming pool. Paint everything neutral colors.
Sit up straight. Get a haircut. Call your mother.
If return on investment (ROI) is why you bought a home, or why you're remodeling one, you can stop reading now. Because the rest of this article isn't for you.
Three, two, one ... still here?
You invest in … (0 comments)

walnut creek: Disclosing Crime -- Form 17 - 03/24/12 03:22 AM
Disclosing Crime -- Form 17 "Crime" does not have its own category. It also does not come under "Are there any other material defects affecting the property that a buyer should know about?" It was not always that way. Stigma -- in some rare cases positive -- used to play a bigger role in disclosing components of value. For example, when Form 17 was first introduced as a voluntary form by the Puget Sound Multiple Listing Service (now the Northwest Multiple Listing Service), it included questions about any known "crimes of violence" on the property, and about suicide or death from … (0 comments)

walnut creek: 5 Foreclosure Myths for 2012 - 03/17/12 04:33 AM
5 Foreclosure Myths for 2012
Beginning in 2007, foreclosures rocked the real estate world. Like an out-of-control freight train, they began decimating the market, peaking in 2009. Myths and rumors began propagating like mushrooms as consumers struggled to understand the new reality. Although many misconceptions have come and gone, we still encounter five myths on a regular basis.
 1. There is going to be a flood of new foreclosures to the market.
This rumor has appeared every year since 2008 and has been routinely debunked. However, recent announcements that the Feds reached a settlement over the robo-signing scandal have reignited speculation. The idea is … (3 comments)

walnut creek: Signs of Housing Recovery!!! - 03/15/12 01:08 PM
Signs of Housing Recovery!!
The housing recovery is clearly here.. the recovery will be slow and (mostly) steady. Home by home, street by street…neighborhood by neighborhood. Expect the clearly and full recovery process to take 3-5 years.
More very encouraging news from the trusted folks at Realtor.com
Just the facts:
* The number of U.S. homes listed for sale fell 22 percent last month from a year earlier.
* Asking prices gained 6.8 percent due to increased demand.
* There were 1.78 million homes listed for sale in February with a median asking price of $188,000
* The median time … (5 comments)

walnut creek: One Stop Mortgage Shopping Tips - 03/14/12 08:44 AM
=One Stop Mortgage Shopping Tips=
From the beginning, the basic promise of multi-lender, Internet-based sites was that they would provide one-stop shopping. 
I found that many sites are less than forthcoming, and even misleading, just like the humans they are supposed to replace. This doesn't mean you should avoid mortgage websites -- they remain the best game in town. But great care is required in selecting the site on which to shop.
You want to be able to shop effectively, which means that the price you ultimately lock is the lowest available from all the lenders on the site, for your … (1 comments)

walnut creek: Bank of America Associates May Not Buy Bank of America Distressed Assets - 03/13/12 10:34 AM

walnut creek: 3 Reasons to List Home with a Local Agent - 03/13/12 02:50 AM
3 Reasons to List Home with a Local Agent  
When it comes to selling, though, it's quite a bit tougher, especially on today's tough-to-sell market where pricing and marketing nuances (along with vendor, lender and inspector relationships, and contacts with buyer's brokers and buyers themselves) are crucial to get homes sold.
Before we get into the details of what a local specialist has that another agent might not, though, I do want to say this: I don't know your local market, but in many areas of the country even the most local, smartest, most aggressive, best-marketing listing agent might not … (2 comments)

walnut creek: PROPOSITION 60 - 03/08/12 04:01 AM
On Nov. 4, 1986, the voters of California passed Proposition 60 to provide to qualified homeowners the transfer of the base-year value of their principal residence to a replacement dwelling located in the same county, under certain circumstances.
If you or your spouse that resides with you are age 55 or older, you may buy or construct a new home of equal or lesser value than your existing home and transfer the trended base value to your new property.
This is a one-time only benefit.  You must buy or complete construction of your … (0 comments)

walnut creek: "Is it Harder to Shop Effectively for a Mortgage than for a Car?" - 03/07/12 09:57 AM
"Is it Harder to Shop Effectively for a Mortgage than for a Car?"
Shopping for a car is child's play compared to shopping for a mortgage.
Price features of mortgages must be verified: Price always depends on the features of the product or service being priced. These are easy to define on a car, consisting of the brand, model number, extras and accessories. A car buyer can specify these and obtain consistent price quotes from multiple dealers.
In contrast, the list of mortgage features that affect the price is long, and all features must be verified by the lender, which takes … (0 comments)

walnut creek: 4 Factors to Consider Before Buying a Home - 02/23/12 12:59 AM

walnut creek: Foreclosure Backlogs Persist - 02/21/12 06:58 AM
Foreclosure Backlogs Persist Robo-signing impacts felt most in judicial foreclosure states.
The improving job market and economy is helping push mortgage delinquencies and foreclosure starts down, but the percentage of loans in the foreclosure process remains stubbornly high, especially in states most affected by robo-signing issues, according to a quarterly survey of lenders by the Mortgage Bankers Association.
Since peaking at 10.1 percent in March 2010, the percentage of borrowers behind on their house payments has fallen to a seasonally adjusted 7.6 percent at the end of 2011 -- about halfway to the pre-recession average of roughly 5 percent, said MBA Chief Economist … (0 comments)

walnut creek: Understanding the Statement of Information - 02/12/12 08:20 PM


walnut creek: Banks pay delinquent borrowers $35,000 to sell their homes - 02/10/12 03:43 PM
Banks Pay Delinquent Borrowers $35,000 to Sell Their Homes

In an effort to cut their losses, banks are paying some struggling homeowners as much as $35,000 to sell their homes before they end up in foreclosure.
The deals are aimed at incentivizing homeowners who owe more on their home than it is worth and who are seriously delinquent on their payments to sell their homes in a short sale.
In short sales, homes are sold for less than what is owed and the bank forgives the excess debt. Banks have been reluctant to approve such deals in the … (2 comments)

walnut creek: Life of a Title Search - 02/02/12 04:41 PM


walnut creek: Loan Modification Scams - 01/31/12 07:54 AM
LOAN MODIFICATION SCAMS The Better Business Bureau listed Mortgage Loan Modification Scams as one of their Top 10 Scams of 2011 and I'm not surprised. After investigating thousands of scams last year, the Better Business Bureau divided them into categories and picked the top scam in each category. They put these loan modification scams under their Top Financial Scam category. There were many variations of loan modification scams, but they all took advantage of people who were desperate to hold onto their homes after a job loss or when the value of their homes decreased.
There’s been a lot of talk … (0 comments)

walnut creek: 5 "SHORT SALE" TIPS -- WALNUT CREEK, CA - 11/12/11 11:35 AM
A SHORT SALE takes place when a property is purchased and the lender consents to accept a reduced payoff.  Specifically, the lender will discharge the lien that is secured to the property upon receipt of a lower amount of money than is actually owed. 1)  Your in a good position to short sale your home by confirming the following: You owe more on your mortgage than the current value of your home. You can prove a financial hardship since the original purchase of your home, such as an extended family, divorce, job loss, … (2 comments)



If you're interested in honoring Veterans for their devoted and committed service to our country locally, then you must stop by the Lesher Center for the Arts, tomorrow, November 11, at 11am.
Enjoy a line up including a welcome address  from Mayor Cindy Silva, a musical performance by The Walnut Creek Concert Band and a demonstration of Civil War Stories.
If you've never experienced a performance at the Lesher Center for the Arts, it's a must see!! 

Monique Fountaine, Broker & Notary (Century 21 M&M and Associates)

Monique Fountaine

Broker & Notary

Walnut Creek, CA

More about me…

Century 21 M&M and Associates

Address: 4691 Clayton Rd., Suite A, Concord, CA, 94521

Fax: (888) 828-0182

Mobile: (925) 698-1251

Email Me



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