real estate: The Wave of Foreclosures is Coming.
- 03/19/12 08:00 AM
In one of my recent blogs I spoke of foreclosures declining and how this was a blessing for some and for others the lack of homes for sales inventory was a hardship….looks like there’s about to be a “vice versa” on these standings:
This article gives some specifics as to why an increase in foreclosures has been predicted and looks pretty imminent - http://www.thenichereport.com/breaking-news-2/foreclosures-decline-year-over-year-set-to-heat-back-up-with-huge-mortgage-settlement/
The “Niche Report” states the Why is, “The $26 billion settlement between the five big banks and state attorneys general over past foreclosure practices.” This settlement covers the exact proceedings or handlings of foreclosures which … (4 comments)
I know many people have been discouraged by the past several years we’ve had in the market, but the truth is that the American Dream is still to own your own home. Having Pride of Ownership is still a prized goal in this country. Sure there will be a couple other goals in between, college, getting a good job, finding that right someone and settling down. But tied up in this mess is the want and need to no longer have to write checks to a landlord, you’re now free to call … (2 comments)
We are well into the first quarter of 2012 and it seems, as predicted, that the market is on the verge of an upward spiral again. There have been numerous signs economically and within the market that point to greener pastures in the real estate business this year – for everyone. As I’ve said before, the market is in a unique and interesting place… Until now it’s been almost entirely a Buyer’s market; prices are affordable, interest rates are down to rock bottom and competition has been low. However, in recent … (0 comments)
real estate: A Way To Help Improve Housing Market Values
- 03/07/12 07:19 AM
With the regularly changing housing market Listing Agents need to be smart about pricing a house for sale. Doing comps within proper radius is important but what if there are no comps within a 1 mile radius? Every now and then with the Seller/Owner I’ll have to “eat crow” and rapidly correct a price on a home…. for instance, I just made a PRICE REDUCTION to $210,000 on 438 Bosley St in Santa Rosa! It's definitely a fresh opportunity to get into this remodeled 2/1 home with a modern kitchen yet vintage feel & look with a big yard and … (2 comments)
There are several types of loans you can use to purchase or refinance. This applies whether you are buying a home to live in, a home to rent out, or a commercial building. They include the standard 30 year fixed rate mortgage, the government FHA/VA loans, a commercial property SBA loan, or a Private Money loan. Private Money is borrowed from private individuals. I bet you’veborrowed money from a relative. That was a Private Money loan, likely unsecured. It wasn’t from the bank or some other institution. Most private money lenders/investors lend money through … (0 comments)
Ever since we opened the doors to Sun Pacific Mortgage and Real Estate in Sonoma County in 1988, we’ve given extra care to round up people who have been “Turned Down Elsewhere?” – Because of credit, income, the property or a combinations of these. We are the local Hard Money Lender who can help rescue your deal…and get your Buyer into That Home! Check out my blog to see what kind of deals we’ve scored for buyers. · First Trust deed for $48, 750 at 13% interest only for 36 months. Purchase … (1 comments)
Remember way back when in 2008 when the banks were performing abusive and negligent foreclosure practices? Well reparations have begun friends. This new article on CNN Money tells all. Under a new deal announced on Thursday the “banks will commit $26 billion to help underwater homeowners” and this money will also compensate those who had to give up their homes because of the banks’ improper foreclosure practices. As a part of this deal, banks have also agreed to change how they handle … (0 comments)
As a part of my morning ritual I always peruse the Press Democrat for good news about the market. And this morning it yielded several gems about Real Estate specifically in Sonoma County and California in general. According to two separate articles home sales in Sonoma County got off to an “uncharacteristically strong start in January” with a huge increase in both completed sales and in signed contracts. This is tied into the second article all about foreclosure activity in January. Okay, so here are the statistics from … (2 comments)
The purpose of this article is twofold: 1. To encourage Buyers to find an agent who will competently represent them in the purchase of a home and 2. To be prepared to dump any agent who demonstrates anything but number 1. I know this article will ruffle some feathers, but who will it ruffle? There is an inherent flaw to the current traditional means of selling a home. The flaw is that the listing agent and the selling agent do not get paid unless … (3 comments)
real estate: Find an Agent You Trust
- 02/10/12 09:52 AM
“One thing that I know with certainty from all these years of being in the business, is that when someone came to me to help them buy a home, they wanted to buy a home – NOW”. So who can you trust to get you into your dream house smoothly if not your Real Estate Agent? From an Agent to a possible Buyer I encourage you to find that Real Estate Agent that will competently represent you on your home purchase. For more on this subject check out my blog all about a Real Estate Agent’s responsibility to You as a … (0 comments)
real estate: Excellent and Affordable Remodel Tips!
- 01/31/12 08:20 AM
Any remodel project is going to take lots of time and energy, but where do you even begin?! Here is a great article giving you key things to look for and invest in when remodeling a kitchen and the best part is, it’s budget friendly. Check it out! … (3 comments)
real estate: Great Real Estate Tip
- 01/20/12 06:36 AM
Came across an interesting tip I thought I should pass along. It could give you and/or referral partners more customers: Contact the sellers of the home that you are processing/doing a purchase transaction on. Could be your best potential prospect as highly likely they will want to find another home to live in. Your purchase agreement has the name of seller, home address, phone number and could be the simplest call that gets you your next homebuyer/borrower/referral – you’re the one doing the work to get their home sold! … (0 comments)
real estate: The Market is Improving by the Day!
- 01/10/12 10:47 AM
There has been much talk of the market hitting bottom and home values sinking to an all time low, I’ve been on the hunt to prove that the market is improving. I found this article that offers facts on why the market is scooping upward and the tell tale signs that things will continue to get better. Happy sales, things are moving up.
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real estate: Flipper Chicks Have a NEW Santa Rosa Home on the Market
- 01/05/12 06:44 AM
Hi All! In several weeks I’ll have a new Flipper Chick listing. I’m mentioning it now, before the house is ready, as I’ve had many requests to do so: This one is a cute 1920 vintage bungalow of 871 sq. ft. on a large lot w/big detached garage. It’s 2 bedroom 1 bathroom and everything will be new! This home is at 438 Bosley Street which is popular area with lovely neighborhoods & walking distance to downtown/Railroad Square. Zoned “high density”, a second unit could be added on this lot. The expected listing price is $209-219,000. … (0 comments)
real estate: 2012 Economic Upturn Predicted
- 01/03/12 09:32 AM
Another reason it’s time to buy a home now; Many banks are jumping into the lending environment in order to make any spread at all & are driving low prices even lower, as well as again lowering credit underwriting standards. Read more about our economic signs of recovery.
… (0 comments)
real estate: Signs of an Economic Upturn for 2012
- 01/03/12 09:31 AM
Another reason it’s time to buy a home now; Many banks are jumping into the lending environment in order to make any spread at all & are driving low prices even lower, as well as again lowering credit underwriting standards. Read more about our economic signs of recovery.
… (0 comments)
real estate: 2012, signs the economy is looking up!
- 01/03/12 09:29 AM
Another reason it’s time to buy a home now; Many banks are jumping into the lending environment in order to make any spread at all & are driving low prices even lower, as well as again lowering credit underwriting standards. Read more about our economic signs of recovery.
… (0 comments)
real estate: Economic Upturn: There have been Signs Things are Getting Better!
- 01/03/12 09:28 AM
Another reason it’s time to buy a home now; Many banks are jumping into the lending environment in order to make any spread at all & are driving low prices even lower, as well as again lowering credit underwriting standards. Read more about our economic signs of recovery.
… (0 comments)
real estate: Signs of Economic Upturn in 2012
- 01/03/12 09:26 AM
Another reason it’s time to buy a home now; Many banks are jumping into the lending environment in order to make any spread at all & are driving low prices even lower, as well as again lowering credit underwriting standards. Read more about our economic signs of recovery.
… (0 comments)
real estate: Winter is a Fantastic time to be buying a home!
- 12/21/11 06:55 AM
Some other really good reasons why buying and/or selling a home during the wintery Holiday seasons IS beneficial: http://www.marycraneproperties.com/index.asp … (0 comments)
In one of my recent blogs I spoke of foreclosures declining and how this was a blessing for some and for others the lack of homes for sales inventory was a hardship….looks like there’s about to be a “vice versa” on these standings:
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