John Occhi's Real Estate Blog - Focused on the The Temecula & Murrieta Valleys

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Real Estate Agent - Mason Real Estate - CA BRE 01444168
Temecula-Murrieta CA real estate news, views and information provided to our community and agents.

ARCHIVED BLOG POSTS

2008 

In today’s Hemet California Real Estate market and the surround area known as South West Riverside County in the region of Southern California known as the Inland Empire we are one of the hardest hit areas in the entire country when it comes to foreclosures and REO’s. Now is an excellent time to ...
01/21/2008
California is a non-judicial state when it comes to the different types of foreclosure.  Although in rare circumstances a lender can pursue a judicial foreclosure in California it is very rare As a non-judicial foreclosure state, the lender can foreclose on the property without involving the lega...
01/20/2008
Selling REO properties in Hemet CA puts me in contact with all sorts – first time home buyers, move-up home buyers and investors. Ideally, I want to do business with investors, as they will typically purchase additional properties during the course of the year, and even more in future years.  Not...
01/20/2008
In today’s market we have very serious and very motivated buyers.  Motivation is triggered by a number of different scenarios; either way though those who are ready to buy couldn’t find themselves in a better market than exists in Hemet CA today. The National Association of REALTORS® (NAR) recent...
01/20/2008
How do I answer that with anything but a big fat DUH? The National Association of REALTORS® (NAR) recently released it’s 2007 Profile of Home Buyers and Sellers.  The conclusions are not at all surprising.  If anything, what surprises me is how conservative the numbers are that they report. For e...
01/20/2008
When representing a buyer and writing an offer, one of the question I like to pose, “When do you want to close escrow?” At least 90% of the time, no one has a clue as to when or why they should consider the options.  First, let me say that as a buyer you do not always have control over when the e...
01/20/2008
Right out the gate I will say that I have zero experience in the rent to own market and do not have any first hand experience to draw from, for this article.  However, I have recently been asked several times about a “rent to own” situation, which has required me to put on my thinking cap and pla...
01/19/2008
The market today is ripe for investors to "get in' the Hemet Real Estate market, as there are may foreclosure homes that can be obtained for a price that will generate an immediate positive cash flow.Many wanna-be investors are just unsure about how to go about making the move into the Hemet real...
01/12/2008
REO stands for the term “Real Estate Owned”.  This is a banking term used to describe real estate that a bank owns, typically because it was taken back from the homeowner through the foreclosure process. In a good real estate market, REO’s are not very common.  However, in a market like Hemet, CA...
01/10/2008
I remember receiving the text message on my TREO 700P, the day after Christmas…I received the first of 3 REO assignments in a 24-hour period.  I guess the wait until after Christmas mentality was kicking in and it was time to clean off some desks and get those files moving before the end of the y...
01/10/2008
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JohnOcchi

SRES,CPRES.ePRO - Temecula-Murrieta CA Real Estate
smartphone(951) 443-6259
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