hemet: HAZARDOUS HOME INSPECTION - BE SAFE
- 09/27/09 07:18 PM
As an REO Listing REALTOR® in the Hemet - San Jacinto Valley portion of South West Riverside County in the Inland Empire Region of Southern California I come across some pretty strange things when I take possession of a property.This weekend I approached a former homeowner who lost their home to the foreclosure process and now the bank wanted me to offer a cash-for-keys opportunity to help relocate the family from the bank owned REO home in the shortest time possible.The basic rule is that the homeowner has to leave the home ‘broom clean' and all trash has to be removed … (0 comments)
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hemet: 2009 - First 3 Quarters are Just About Done
- 09/27/09 05:47 PM
Looking ahead to a strong close for my Real Estate Team we have to look back to see where we have been to see where we are headed.With only a few days left in the 3rd quarter of 2009 my team and I still have three escrows we expect to close before the end of the quarter. The numbers I am looking at now, do not include these last few transactions.DAYS ON MARKET (DOM)I have changed the way I post sales to the MLS. In 2008 I was motivated to record the lowest possible number of days on market, as possible. … (2 comments)
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hemet: First Time Home Buyer Process and the Buyer Broker Agreement
- 09/27/09 03:36 AM
The Quest Begins - A First Time Homebuyers Entry into the Hemet - San Jacinto Real Estate MarketI suppose it happens everyday. A nice family, or even an individual decides that now is the time for them to get involved in the real estate market and buy their first home and quit paying rent forever. It happens in every market, everyday.Today it happened right here in San Jacinto CA when a I received a phone call from Megan who told me she and her husband, Ryan, had been reading my ActiveRain blog, along with several others, and decided they liked my … (3 comments)
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hemet: Home Systems and Appliance Maintenance
- 09/25/09 12:31 AM
Home Systems and Appliance MaintenanceAs the local Hemet - San Jacinto CA local area expert in all things residential real estate I am always on a quest to find useful information to share with the readers of my blog.In this short article I came across a web page hosted by Home Warranty of America (HWA). Let me start by saying that these guys are one of the biggest players in the home warranty field that separates themselves from the competition, on the surface, by offering a 13 month warranty instead of the typical 12. Once you dive deeper into their business … (4 comments)
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hemet: Looking for an On-Line Fax Service - Check This Out
- 09/24/09 03:11 AM
This week I was Certified by the National Association of REALTORS® as an ePro. As a result of the training I received I am in the process of updating my technology plan - meaning I am looking at the tools I use for my Hemet - San Jacinto, CA real estate business. In many cases, I am ahead of the curve and my peers in my market - and in others I lack.With that being said, I am looking hard at all of my current services to make sure I am getting the most bang for the buck. Today, I am … (18 comments)
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hemet: What is So Difficult about an ALL CASH OFFER?
- 09/22/09 06:04 AM
I have been on the abuse side or REO Listing Agent Bashing for a couple of days now after my blog post, Do Buyers Think They are Getting Slick? Was featured on ActiveRain. OK, there are a lot of good points there and some great conversation to help make things better. By the way, I have had several of my asset managers read through the blog and subsequent conversation that followed and the best I can get out of them at this point is something along the line of "interesting". We'll see what comes of that.I also wrote another blog article … (6 comments)
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hemet: REO LISTING AGENT OFFERS INSIDE SCOOP ON "HOW TO WRITE AN OFFER FOR A HEMET - SAN JACINTO CA BANK OWNED HOME FOR SALE"
- 09/20/09 04:42 AM
Let me start with full disclosure and identify myself as a listing agent that is in his third year of working exclusively with banks to list, market and sell their REO inventory of bank owned homes. My San Jacinto, CA office is located on the border of Hemet and San Jacinto, next to Starbucks at the intersection of Esplanade and Sanderson. I am a local area expert when it comes to the Hemet - San Jacinto Valley and the surrounding communities of the South West Riverside County in the Inland Empire region of Southern California.As an REO Listing agent I have … (4 comments)
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hemet: Do Buyers Think They are Getting Slick?
- 09/19/09 07:37 PM
Real Estate Sales is just as complex as the markets we serve. As the market evolves so do the strategies of agents trying to get their next deal into escrow. This is a tale of what is going on in the Hemet - San Jacinto CA Valley and what one REO listing agent is doing to try and stop the process before it ever gets out of control.I realize that first time buyers are frustrated by ‘the system' and that they want to take advantage of the current real estate market while they still can. Many fear that the market will … (116 comments)
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hemet: Hemet - San Jacinto CA Bank Owned Homes and FHA Loan Requirements
- 09/16/09 12:12 PM
The Southern California community of the Hemet - San Jacinto Valley in the South West Riverside County section of the Inland Empire Region has been one of the hardest hit in the entire country for it's loss of owner occupied homes being seized by lenders and converted to bank owned, or REO, properties.
Once the banks finally take possession they must be cleaned up- and made ready for sale, often by the REO Listing Agent assigned to these assets of the bank. I know, this is what I do.
Since the Hemet - San Jacinto CA market has traditionally been one of the … (3 comments)
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hemet: Free Detailed Market Report for Hemet, CA from ActiveRain Vendor ALTOS
- 09/16/09 06:01 AM
Live Market Data for Hemet, CA from Altos Research can be found here. If you subscribe on my website you'll be able to get these up to date market reports sent weekly to your email box for both Hemet and San Jacinto CA. Market Reports are also available for almost any city in the country - all free of charge.Here are 5 Reasons to sign up:
All my market research is real-time. What's happening right now in the market
Get more detailed market information than you can find anywhere else.
Learn about price trends, supply and demand and leading … (0 comments)
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hemet: The Hemet - San Jacinto Real Estate Market is Red Hot - Shout Out to Hilary Wilkinson
- 09/15/09 03:42 AM
Real Estate in the Southern California bedroom communities of the Hemet - San Jacinto Valley has been red hot all year long. The community in South West Riverside County region of the Inland Empire have been dominated by Short Sale Listings and Bank Owned Sales for the entire year. It is not uncommon that once a home for sale is listed on the MLS that offers start to come in within 24 hours. Although the exception and not the rule, as an REO Listing Agent I am no longer surprised when I see offers come in on my listings in less … (2 comments)
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hemet: There is Never a Bad Time to Add Curb Appeal...or Get Busy
- 09/14/09 04:50 AM
The long hot days of summer are coming to an end. Already the days seem shorter and a bit cooler than they did just before Labor Day. The kids are back to school and everyone at work is back from their vacations. Seems like life has returned to normal.The fall season is the best time of the year to work on your yard and get it ready for the upcoming year. This is especially true if you are hoping on selling next year and you need to capitalize on your homes curb appeal.FERTALIZERHere in the Hemet - San Jacinto Valley in … (4 comments)
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hemet: A New Marketing Strategy
- 09/12/09 03:58 PM
John Occhi and his Excellence in Real Estate team at Allison James Estates and Homes recently held a brain storming session with staff members, buyers agents and on of our preferred lenders.We have laid the ground work for a brand new markeitng concept - one that we hope will stimulate the local Hemet - San Jacinto CA real estate market.We don't want to talk to much about it right now. We can say that there are a few moving parts and some serious coordination will be needed to pull this off. What we do know is that when all is sid … (0 comments)
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hemet: New Market Data on JohnOcchi.Com from Altos
- 09/12/09 03:32 PM
The local real estate website, JohnOcchi.Com, has just added a valuable new feature on it's home page.Every week fresh information for both the Hemet and San Jacinto, CA real estate market will be automatically loaded to the site. Viewers will have the opportunity to subscribe to a comprehensive market condition report that will automatically be delivered to their email every Monday morning.The information provided will be useful to both buyers and sellers. In the current market, we expect most of the readers who get short term value will be both investors planning for their next investment real estate transaction as well as … (0 comments)
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hemet: Satellite Image of Recent Southern California Wildfires
- 09/11/09 08:45 AM
I received this photo taken by the NASA Terra satellite on August 30, 2009. Here you can see all of Southern California and get a pretty good idea of just how much was on fire at the time. If you look to the South East - you'll see a small lake that is pretty much surrounded by burnt area - well, that fire, known as the 2400 acre COTTONWOOD FIRE came within a mile of my home in Hemet, Fortunately the winds were blowing the other way and there were no evacuations or injuries/casualties.
Follow this link if you want to see a … (3 comments)
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hemet: Hard Money is a Good Thing for Real Estate Investments
- 09/02/09 07:32 PM
Hard money is often misconstrued in society. There are always visions of a couple of thugs in a pool hall loaning out money at exorbitant interest rates who result to violence and intimidation when payments are late.Well, I am here to tell you that hard money is anything like that at all. Hard money is a very powerful tool that every investor should consider utilizing to it's fullest in order to leverage the money the investor has - to make more money by buying more real estate in this volatile market.Hard money loans are always secured by real estate - typically … (9 comments)
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hemet: Fix and Flip Investor Mistakes
- 09/02/09 02:45 PM
I truly have been blessed as a real estate agent living and working in my local market - the Hemet - San Jacinto Valley in South West Riverside County region of the Inland Empire in Southern California. For over 2 solid years know I have earned my entire income as a direct result of listing and selling bank owned homes (REO as referred to in real estate circles), here in the Hemet San Jacinto Valley.Because of my good fortune, I have had the opportunity to meet and work with some really great investors that I have been able to learn from … (6 comments)
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hemet: Does The Bank Owned REO Home Have Issues in the Bathroom?
- 08/31/09 06:50 PM
The Hemet San Jacinto Valley real estate market in South West Riverside County region of the Inland Empire of Southern California is dominated by the sale of bank owned (or REO = Real Estate Owned) properties.
All of these bank owned homes are sold "AS-IS". Although many purchase offers negotiate a home warranty to protect the new Hemet - San Jacinto Valley homeowner against system failures there are still many maintenance issues that must be addressed before the new homeowner can really feel at home and settle in to their new life.
Bathrooms are notorious for requiring more than a bucket … (4 comments)
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hemet: What Do You Know About Water Purifiers?
- 08/30/09 04:06 AM
Many homebuyers of real estate in the Hemet - San Jacinto Valley are concerned with the quality of the water. This is not a unique concern to the Hemet - San Jacinto Valley as consumers throughout all of South West Riverside County in the Inland Empire region of Southern California drink gallon after gallon of bottle water when in public...so it only makes sense that most home owners want nothing but the best water quality in their Hemet - San Jacinto Valley home.
Like most good things in life there are options when shopping for a water purification system. There are … (3 comments)
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hemet: What is the Fate of the First Time Home Buyer Federal Tax Credit?
- 08/27/09 03:30 AM
Currently, one of the most driving forces in the Hemet - San Jacinto Valley Real Estate Market has been first time homebuyers scrambling to take advantage of the $8,000 tax credit (10% of Purchase Price - Max $8,000) that was created as a stimulus to the economy.
In my opinion, the program is very definitely a success. Yes the IRS may be out a few dollars; but look at the trickle down economics that is stimulating local economies. Not only are houses selling quicker than any time during the current housing crises, but new homeowners are spending thousands of dollars fixing … (3 comments)
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As an REO Listing REALTOR® in the Hemet - San Jacinto Valley portion of South West Riverside County in the Inland Empire Region of Southern California I come across some pretty strange things when I take possession of a property.This weekend I approached a former homeowner who lost their home to the foreclosure process and now the bank wanted me to offer a cash-for-keys opportunity to help relocate the family from the bank owned REO home in the shortest time possible.The basic rule is that the homeowner has to leave the home ‘broom clean' and all trash has to be removed … (0 comments)
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