Trick or Treat 2011

By
Real Estate Agent with London Properties (DRE 01883959)

I was thinking of Halloween with my 2 little ones ages 6 and 3. This year I won’t be with them trick or treating as they will be with their mother. I guess you could call it a trick and not one I enjoy but just knowing they are going to have a great time as a Monarch Butterfly and a Fireman makes me smile and brings joy to my heart a real treat!

This year has been a challenging one for so many people. Yet many people have found affordable homes with the lowest interest rates seen in our lives. Some people including myself have been forced to sell their homes or have lost their homes due to the economy, personal issues, adjustable mortgage rates or another thing simply beyond their control. Each time this happens many people feel it’s been a cruel trick. However often a negative situation is really a blessing in disguise and thanks to the short sale process often sellers are given a new opportunity to move on. Sometimes banks provide incentives such as cash to move on to a new temporary rent situation and in return they make sure the seller has not destroyed the home that will be sold to the new buyers.

I’ve been privileged to work with people who just 2 years post short sale of their current home are purchasing a new one. Wonderful treats! Doug and I are currently helping several clients short sale their home and in one case the bank is providing $20,000 in incentives to make sure the home is kept in great condition for the new buyers. Another wonderful treat!

In reviewing the past few months we were able to close on one of the best deals for a UC Merced student who purchased a home for $53,000 and with around $30,000 in repairs restored the home that will more than likely sell a few years from now for $120,000 if not more. That’s one great treat for their family! Another family purchased their first home a 2200 square foot new home with 4 bedrooms, 2.5 baths, granite and stainless steel appliances for $145,000. It’s a treat that can’t be beat in the Central Valley area.

A great starter home that was in move-in condition in Concord was purchased thanks to excellent negotiating skills from my partner Doug Van Riper. The family is pleased and can’t believe the price and the location of the home. We were treated to an excellent bbq there at their home a few months ago.

This real estate market is challenging and full of trick or treats. Providing you with guidance and solutions to avoid the tricks and experience the treats is what we do best.

Our team wishes you and your family a very Happy Halloween. We are here for you providing real estate services from a market analysis to short sale information or from the purchase of an investment home in Merced or Stanislaus Counties to a foreclosure, short sale or home purchase in Contra Costa, Alameda or the Merced/Stanislaus Counties. You’re the focus and our YTF home team would be honored to represent your best interests!

 

Comments (6)

Chandler Real Estate Liz Harris, MBA
Liz Harris Realty - Chandler, AZ
#ChandlerRealEstateAgent

What a nice post... Happy Halloween to you, Scott!

Oct 27, 2011 04:45 PM
Kathy Schowe
California Lifestyle Realty - La Quinta, CA
La Quinta, California 760-333-8886

Great update on you and your office... I hope your clients are keeping up with you as well!  Kathy

Oct 27, 2011 04:49 PM
Christine Donovan
Donovan Blatt Realty - Costa Mesa, CA
Broker/Attorney 714-319-9751 DRE01267479 - Costa M

Scott - The market is definitely full of both tricks and treats.

 

 

Oct 27, 2011 04:55 PM
Mary Macy
Top Agents Atlanta Metro - Roswell, GA
Top Agents Atlanta Metro

This is a market for Tricks and Treats, good post

Oct 27, 2011 04:59 PM
Chuck Carstensen
RE/MAX Results - Elk River, MN
Minnesota/Wisconsin Real Estate Expert

For some people the short sale is a way to go, it gives them relief and a chance to start fresh.  I am more and more for dealing with short sales.

Oct 27, 2011 05:05 PM
David Shamansky
US Mortgages - David Shamansky - Highlands Ranch, CO
Creative, Aggressive & 560 FICO - OK, Colorado Mtg

Good post and info to share. You gotta love these positive story's, especially when so many are not in this category.

 

Peace

Oct 27, 2011 05:29 PM