Real estate blog entries tagged with san jacinto by John Occhi, Mobile Notary Public/Certified Loan Signing Agent (AZ Veteran Notary Services)

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san jacinto: The REO Niche has Been a Blessing; or...Help Wanted - Buyer's Agent - 05/25/09 06:14 AM

As an REO Listing Agent and REALTOR inn the Hemet San Jacinto Valley, who got in early I can say that my life has been blessed. Not only have I sold more houses than I ever thought possible but I have gotten to know some really spectacular people.The business has been so good to me that I have outgrown the traditional business model of a traditional real estate office and forced to re-invent myself and the way I look at this business. I found a Virtual Broker that truly does pay 100% commission after a small annual fee of approximately $3,000 a … (7 comments)

san jacinto: Hemet Market Snapshot: June 1st through September 21st - 2007 Compared to 2008 - 09/21/08 11:38 AM

I was very disturbed when I red an article earlier this month that my local market had dropped in value by a full 9% in just one month.Hello, I live here and work this market full time - every day and yes, I have seen a drop month after month - it has never been 9% in a single month, despite what the local newspaper, "The Press Enterprise" reporter Leslie Berkman reported on August 30th, 2008.Now, I agree with most of what the article reports - but come on, lets be responsible and not add fuel to the fire. I agree … (3 comments)

san jacinto: REO – Agent Training and Marketing – Necessary Expenses - 09/21/08 10:28 AM

When a property is taken back by a lender through the foreclosure process they not only have to deal with the loss of the monthly payments for the better part of the last year – or n some cases even longer. They not only have to provide the financial resources for the legal process to take the home back. In fact the lenders losses are just starting to add up and the real money could be forthcoming.
Once the property has been secured and back “in the hands’ of the lender / owner the process begins to minimize the loss incurred. … (1 comments)

san jacinto: Help Wanted: Not for the Faint at Heart - 08/14/08 03:05 AM

As a local REO REALTOR servicing South West Riverside County from offices in the Hemet-San Jacinto Valley, John Occhi has went and done it again – grown faster than his team of seasoned REALTORS can keep up with.
John and his Inland Empire REO Team is currently averaging less than 7 days on market for all REO homes that are listed and sold – many are pre-sold even before they are released on the MLS to the local REALTOR population and the general public through syndicated sites like REALTOR.Com (where all of the teams listings are showcased), Zillow, Trulia, Yahoo and … (12 comments)

san jacinto: Before You Buy a Bank Owned Home At Auction Read This - 08/03/08 08:18 AM

Lenders are doing whatever they can to sell their inventory of REO homes. There are entire portfolios being sold wholesale for 60 to 70 cents on the dollar of the BPO price-which can be a great deal if you have $10 million or more to invest.
Most homes are being assigned to REALTORS® like myself to list, market, maintain and sell the assets on the retail real estate market. In the Hemet-San Jacinto Valley we saw the number of closed REO sales during the month of June 2008 exceed 70% of all the sales in this local market. I am … (9 comments)

san jacinto: Hemet San Jacinto Valley Market Snapshot: June, 2008 - 08/02/08 04:27 PM

The Hemet San Jacinto Valley is actually a very difficult market to analyze effectively. The problem is our local board, The Hemet San Jacinto Association of REALTORS® (HSJAOR) belongs to the second largest MLS in the country-TEMPO.
Unfortunately it seems like every other board within a 50 mile radius belongs to IMRMLS. Therefore, the data entered into IMRMLS never appears in TEMPO. The two do share a common platform known as ALLIANCE.
ALLIANCE is very simple in it's search criteria and functionality. It is OK, at best when searching for a home based on it's minimum standards-but don't think you can … (0 comments)

san jacinto: Buying a Hemet – San Jacinto REO Home: The Loan Process - 05/14/08 06:13 AM

Buying a Hemet – San Jacinto REO Home: The Loan Process Many people want to take advantage of the current market conditions in the Hemet – San Jacinto Valley at the eastern end of the Inland Empire, in Southern California because we have such a high foreclosure rate and there are many bank owned (REO) homes for sale in the region at very affordable prices.
Finding a good home is typically not the problem – as we have many to choose from. Today there is even a wide selection from as low as $75,000…if you don’t mind taking care of some … (3 comments)

san jacinto: Market Conditions: January 2008 – San Jacinto, CA - 03/30/08 02:00 PM

January is traditionally one of the slower months of the year for selling real estate in San Jacinto CA. In an effort to document what is taking place in the Hemet San Jacinto Valley, I have started a series of monthly market reports, showing the overall condition of the current market and referencing to the year prior.
It should be noted that the data I have chosen to analyze comes exclusively from the Tempo SoCalMLS system which is the MLS used exclusively by the Hemet San Jacinto Association of REALTORS® (HSJAOR). Most agents from outside our unique market area belong to … (0 comments)

san jacinto: As An Investor...Do You Really Want the Nicest Home in the Nicest Neighborhood? - 12/29/07 03:22 AM

The Hemet - San Jacinto Valley has recently been hit very hard with foreclosures and as a result there are some great REO properties available for the savvy investor to buy in Hemet CA.I have been blessed, because I have been able to attract multiple investors from outside our area to find me to help them find the best real estate deals in all of Hemet.When I initially interview my prospective new real estate investor clients, I of course want to find out their motivation, their exit strategy and of course their opinions of what makes a great investment property.It appears … (2 comments)

san jacinto: The Hemet - San Jacinto Valley: an Overview - 12/19/07 11:59 PM

The Hemet - San Jacinto Valley attract new families and businesses to our area for many reasons. High on the list has to be the culture our valley has that emphasizes family values. Our residents and business leaders interact with one another on a daily basis with integrity - which is a breath of fresh air when comparing the environment found in Southern California cities. The Hemet - San Jacinto Valley offers convenience to some of the world's great recreational facilities making the possibilities almost endless. Of course, our mild climate is another huge reason to attract newcomers to our valley.
Every … (2 comments)

san jacinto: Hemet REALTOR® asks, "Are there an Good Listing Clients Left?" - 08/31/07 05:30 PM

Is there such a thing as a "Good Client" in Hemet, CA? The Hemet San Jacinto Valley is a unique real estate market with many unique individuals. I guess we are all the same in that we are all different - just like every other real estate market in the country. It is composed of individuals with individual wants and needs and most importantly we all have our own individual personalities...which are good...right?
It turns out though that no matter how good a REALTOR® I am or any of my peers selling real estate in the Hemet San Jacinto CA market that … (11 comments)

san jacinto: Hemet Home Sellers – Are You Prepared to Sell Your Home? - 08/31/07 05:00 PM

Hemet Home Sellers - Are You Prepared to Sell Your Home? by John Occhi, Hemet CA REALTOR® Mission Grove Realty FOR MORE ARTICLES FROM THE "BACK TO THE BASICS" SERIES, CLICK HEREAs a REALTOR® with Mission Grove Realty, serving my local market, the Hemet San Jacinto Valley, I have the opportunity to talk with many local homeowners who think they want to sell their home, but really have not put much thought into the process. When I sit down and meet with a potential listing client, responding to the call, "Help me sell my Hemet CA home!" I must make … (3 comments)

san jacinto: 2005 - 2007 Market Snapshot: Hemet-San Jacinto Valley - 08/26/07 07:19 PM

Here is a look back at the real estate activity in the Hemet San Jacinto Valley market, starting in January 2005 through 2006 an up to the current date, August 26, 2007. This data reflectes single family homes only. Not included are mobile homes and land purchases.

… (10 comments)

san jacinto: San Jacinto – We’re Cleaning You Up…One Block at a Time! - 08/18/07 08:08 PM

San Jacinto - We're Cleaning You Up...One Block at a Time! by John Occhi, Hemet CA REALTOR® Hemet CA Real Estate The City of San Jacinto has announced a new plan to clean up the city - one block at a time. That's right, next Saturday August 25th 2007; the City of San Jacinto will sponsor its first official clean up day which will be the beginning of the first month long project, where city employees, resources and residents alike will all pitch in to clean up a small section of town.City Councilmen Dale Stubblefield and John Mansperger united and formed … (10 comments)

san jacinto: SAN JACINTO, CA MARKET SNAPSHOT - July 2007 - 08/05/07 10:25 AM

SAN JACINTO, CA MARKET SNAPSHOT - July 2007
SAN JACINTO, CA MARKET SNAPSHOT by John Occhi, San Jacinto CA REALTOR® San Jacinto CA Real Estate
Well, it's time to take another look at the real estate market in San Jacinto CA. I wish I could report better news, but hey, I am just the messenger.
During the month of July, 2007 76 single family residences were added to the rolls of the San Jacinto San Jacinto Association of Realtors (HSJAOR) MLS and yet only 30 homes in total came off of the San Jacinto MLS.
The sharp contrast is further magnified with the … (0 comments)

san jacinto: 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)

san jacinto: 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)

san jacinto: 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)

san jacinto: 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)

san jacinto: 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)

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