investor: Common Mistakes When Analyzing a Real Estate Deal: Trusting The Appraiser
- 08/12/07 06:24 AM
Common Mistakes When Analyzing a Real Estate Deal: Trusting The Appraiserby John Occhi, Hemet CA REALTOR® Mission Grove Realty If you Want to Read More about Other Common Mistakes Made when Purchasing Real Estate, Follow This Link.
Another common mistake in analyzing a real estate transaction is to put too much emphasis on the appraisal.Granted, there is a time and place for an appraisal, but unless you actually hire and pay the appraiser, how can you be sure of what you are getting. When you hire the appraiser to analyze a Hemet real estate transaction then you control what criteria they are … (9 comments)
investor: Common Mistakes When Analyzing a Real Estate Deal: Trusting The Seller
- 08/12/07 05:11 AM
Common Mistakes When Analyzing a Real Estate Deal: Trusting The Seller by John Occhi, Hemet CA REALTOR® Mission Grove Realty If you Want to Read More about Other Common Mistakes Made when Purchasing Real Estate, Follow This Link. When a homebuyer wants to buy a home for sale in Hemet CA, the seller must complete a stack of disclosures. Heck, I often kid, as we start completing the paperwork that in California, we have disclosures disclosing that there are disclosures to disclose what you know about the property. Then I will ask my seller to try and say that 3 times fast. … (2 comments)
investor: Common Mistakes When Analyzing a Real Estate Deal: The Clock
- 08/12/07 04:06 AM
Common Mistakes When Analyzing a Real Estate Deal: The Clockby John Occhi, Hemet CA REALTOR® Mission Grove Realty If you Want to Read More about Other Common Mistakes Made when Purchasing Real Estate, Follow This Link. So many times a good real estate deal is lost due to the clock. No, I don't mean that the sale ends at 5:00 p.m. like it might if you were buying clothes at the department store - because good real estate deals don't end - they are taken by someone else.
It does not matter if you are a first time homebuyer looking for that … (8 comments)
investor: Common Mistakes When Analyzing a Real Estate Deal: The Pencil
- 08/11/07 06:42 AM
Common Mistakes When Analyzing a Real Estate Deal: The Pencilby John Occhi, Hemet CA REALTOR® Mission Grove Realty If you Want to Read More about Other Common Mistakes Made when Purchasing Real Estate, Follow This Link. Many times an investor just wants a deal to work. It seems they have looked hard and spent countless hours looking for that perfect next deal and when they get a hold of one, they will do whatever they can to make it work for them.One of the most common mistakes that a real estate investor will make when analyzing a Hemet real estate deal is … (11 comments)
investor: Conspiracy Theory: Homeowner or Renter?
- 08/04/07 05:14 AM
Conspiracy Theory: Homeowner or Renter? by John Occhi, Hemet CA REALTOR® Mission Grove RealtyThere has been a raging discussion on Bill Roberts' blog in an article where he raises the question of the need for stated income and no doc loans and goes on to become an advocate for these loans.Before I get into my observations in this blog, let me comment as I have on Bills blog, that I do believe there is a place for these loans. I just do not believe they should be as common as bubble gum machines at the supermarket or car wash. Living in a … (8 comments)
investor: What Do You Need for Your Loan
- 07/13/07 07:16 PM
What Do You Need for Your Loan by John Occhi, Hemet CA REALTOR® Hemet CA Real Estate My job as a REALTOR® is to help you find and buy (or sell) a house. It does not matter if you are looking to buy your first home, a second home, if you are a move-up home buyer or an Investor.Unless you are paying cash - you will be seeking financing. As your REALTOR® I really don't want to hear your tales of financial woe any more than I want to hear how magnificent you are with money and how much you are worth. … (12 comments)
investor: Maximize Your Credit Score to Maximize Your Investment
- 07/08/07 01:37 PM
Maximize Your Credit Score to Maximize Your Investment by John Occhi, Hemet REALTOR Hemet CA Real Estate We all know the importance of a high FICO score when it comes to your personal credit. The difference in 100 points can make the difference in thousands of dollars being spent each year in real estate interest payments. Yes, poor credit can effect so many different aspects of your life, but the purpose of this article we will narrow the discussion to the real estate investor - whether professional investor or rookie on his first deal. Good Credit is more than important - … (2 comments)
investor: So You Have a Short Sale Lined Up - Is the BPO Your Friend - Step #10
- 07/06/07 04:23 AM
So You Have a Short Sale Lined Up - Is the BPO Your Friend - Step #10by John Occhi, Hemet - San Jacinto Valley REALTORHemet - San Jacinto CA Real Estate A "Broker Price Opinion" or BPO is a critical step in evaluating the market value of a property. Mortgage lenders will order them to evaluate a number of different real estate transactions. A BPO is used for everything from portfolio acquisition to checking on a properties condition when the first or second payment is late - and they don't have to be consecutive late payments. Most importantly for the real estate … (3 comments)
investor: So You Have a Short Sale Lined Up - Tick-Tock...Watch the Clock - Step #9
- 07/05/07 06:03 PM
So You Have a Short Sale Lined Up - Tick-Tock...Watch the Clock - Step #9by John Occhi, Hemet - San Jacinto Valley REALTORHemet - San Jacinto CA Real Estate Real Estate Investing Can make you a lot of money in only 20 hours a week...sounds like a late night infomercial, doesn't it? Or, it could be on of the thousands of claims made on the Internet if you just Google the term "Real Estate". The truth be told, they are right and if you didn't believe it you wouldn't be pursuing information and an education in real estate investing - you'd be happy … (0 comments)
investor: So You Have a Short Sale Lined Up - When Does a Short Seller Receive Money from the Sale - Step #8
- 07/02/07 04:31 PM
So You Have a Short Sale Lined Up - When Does a Short Seller Receive Money from the Sale - Step #8by John Occhi, Hemet - San Jacinto Valley REALTORHemet - San Jacinto CA Real Estate I was recently working with a short sale seller recently who was really hurting. Yes he and his wife had made a mistake or two in managing their resources. This does not make them bad or evil people, does it? Certainly their woes are no less than my own. I was able to find an investor who wrote a successful offer on their property - … (8 comments)
investor: So You Have a Short Sale Lined Up - When is Enough Too Much? - Step #7
- 07/01/07 03:49 PM
So You Have a Short Sale Lined Up - When is Enough Too Much? - Step #7by John Occhi, Hemet - San Jacinto Valley REALTORHemet - San Jacinto CA Real Estate When you are investing in short sale real estate you have to determine where the line is at just how much money you can...and should make?"What" you ask? You say, "As an Investor, I am entitled to every dollar I can ethically make on every short sale real estate transaction"! You say, "After all, I am the one taking the risk". Well, you may be right...but then again.Let me remind you of … (4 comments)
investor: Market Snapshot - San Jacinto CA 92583 | June 30, 2007
- 06/30/07 07:47 AM
Market Snapshot - San Jacinto CA 92583 | June 30, 2007 by, John Occhi, Hemet - San Jacinto Valley CA REALTOR Hemet - San Jacinto CA Real Estate At the request of an investor client who found me here on ActiveRain, I was asked to provide a snapshot of the current activity for homes for sale in San Jacinto, CA in the 92583 zip code. If you are a homeowner in this zip code, you will probably find this data rather disturbing. Although it is not as disturbing as zip code 92582 in western San Jacinto CA has experienced during the same … (4 comments)
investor: Market Snapshot - San Jacinto CA 92582 | June 30, 2007
- 06/30/07 05:40 AM
Market Snapshot - San Jacinto CA 92582 | June 30, 2007 by, John Occhi, Hemet - San Jacinto Valley CA REALTOR Hemet - San Jacinto CA Real Estate At the request of an investor client who found me here on ActiveRain, I was asked to provide a snapshot of the current activity for homes for sale in San Jacinto, CA in the 92582 zip code. If you are a homeowner in this zip code, you will probably find this data rather disturbing. Traditionally, the busiest time of year for real estate is the late spring early summer - as new home buyers … (0 comments)
investor: Real Estate Market Snapshot | Hemet CA 92545 | June 29, 2007
- 06/29/07 05:27 AM
Real Estate Market Snapshot | Hemet CA 92545 | June 29, 2007 by, John Occhi, Hemet CA REALTOR Hemet CA Real Estate At the request of a real estate investor client who found me here on ActiveRain, I was asked to provide a snapshot of the current real estate activity for homes for sale in Hemet, CA in the 92545 zip code. As you review this real estate information, you will realize that in many sizes of homes, we actually have close to a 2 year inventory. To understand the real estate "inventory" figures simply divide the number of homes sold by 2 - since … (0 comments)
investor: Real Estate Market Snapshot | Hemet CA 92543 | June 29, 2007
- 06/29/07 04:19 AM
Real Estate Market Snapshot | Hemet CA 92543 | June 29, 2007 by, John Occhi, Hemet CA REALTOR Hemet CA Real Estate At the request of a real estate investor client who found me here on ActiveRain, I was asked to provide a snapshot of the current real estate activity for homes for sale in Hemet, CA in the 92543 zip code. As you review this real estate information, you will realize that in many sizes of homes, we actually have close to a 2 year inventory. To understand the real estate "inventory" figures simply divide the number of homes sold by 2 - since this represents … (0 comments)
investor: Real Estate Market Snapshot | Hemet CA 92544 | June 28, 2007
- 06/28/07 10:22 AM
Real Estate Market Snapshot | Hemet CA 92544 | June 28, 2007 by, John Occhi, Hemet CA REALTOR Hemet CA Real Estate At the request of an investor client who found me here on ActiveRain, I was asked to provide a snapshot of the current real estate activity for homes for sale in Hemet, CA in the 92544 zip code. As you review this information, you will realize that in many sizes of homes, we actually have close to a 2 year inventory. To understand the "inventory" figures simply divide the number of homes sold by 2 - since this represents a 2 … (0 comments)
investor: Everywhere You turn - Mortgage Fraud
- 06/27/07 03:35 AM
Everywhere You turn - Mortgage Fraud by John Occhi, Hemet CA REALTOR Hemet CA Real Estate Hemet, CA is located in Riverside County in Southern California - separated from the Palm Springs area by a simple mountain to the east. We are the western end of the region known as the Inland Empire - a region that has thrived in recent years with overflow populations moving east from Los Angeles and Orange counties and north from San Diego County. Unfortunately, with the growth we have experienced, we have been subject to an enormous amount of real estate fraud. Just this morning, in … (3 comments)
investor: So You Have a Short Sale Lined Up - The Loss Mitigation Specialist is Your Friend - Step #6
- 06/27/07 03:14 AM
So You Have a Short Sale Lined Up - The Loss Mitigation Specialist is Your Friend - Step #6 by John Occhi, Hemet - San Jacinto Valley REALTOR Hemet - San Jacinto CA Real Estate Stress can be a funny thing. It's not just sitting up waiting for your teenage daughter to come home from the prom kind of stress -we are talking about stress that is the effect of life changing events - good and bad.
In the last installment of this series, So You Have a Short Sale Lined Up - Seller Issues - Step #5 we talked … (2 comments)
investor: So You Have a Short Sale Lined Up - Seller Issues - Step #5
- 06/26/07 01:29 PM
So You Have a Short Sale Lined Up - Seller Issues - Step #5 by John Occhi, Hemet - San Jacinto Valley REALTOR Hemet - San Jacinto CA Real Estate By now you should knot that getting involved in buying and investing in short sale properties can be very rewarding financially. You should also know that you, as an investor, are walking a fine line between your own financial success and future and the downside of the homeowner who is probably losing more than their home- their credit, all for the money they have put into the home, the memories, relationships … (2 comments)
investor: Short Sale and Information Overload
- 06/23/07 04:35 PM
Short Sale and Information Overload by John Occhi, Hemet - San Jacinto Valley REALTOR Hemet - San Jacinto CA Real Estate Once you receive the "Short Sale Package" from the bank, you will know specifically what they are looking for. You need to gather these documents and put them in the specified order. Do not spend a lot of time with fancy report covers thinking that you are going to wow them with your package because you spent $10 on a report cover with some really trick graphics - you are not. You are going to fax them the package - so they … (7 comments)
Common Mistakes When Analyzing a Real Estate Deal: Trusting The Appraiserby John Occhi, Hemet CA REALTOR® Mission Grove Realty 
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