Subprime… The most overused word in the English language
A Short Sale Tale
The fact that we have a serious mortgage delinquency problem in most parts of California is now irrefutable. The Central Valley has had more than its share of casualties over the past several months and the pace at which homeowners are losing homes to foreclosure is showing no signs of abating. Read the rest of this entry »
Now is a great time to purchase a home or investment property! With so much to choose from, and rates still low! Ask me how to finance your Home Purchase today! Today’s rates quoted are a small sample of current rates. Give me a call for more information about different rates, loan products and requirements! (707) 284-2718
Conforming fully amortized interest only
30 year fixed 6.375% 6.625% Read the rest of this entry »
I think you have a generational shift as the boomers hit retirement age and begin to leave their job areas and move to more desireable areas suited for a different lifestyle and perhaps less expensive cost of living. Read the rest of this entry »
90% of marketing is when I sit down with you and discuss price! I can have the most “killer” of marketing plans but I’m not going to make a sale if the property is overpriced! I have a three page marketing plan which is geared to give my clients maximum feedback on price,conditon and location. You can change only two of the three! Read the rest of this entry »
League races enter Week No. 2…
NORTH BAY LEAGUE:
ALL GAMES FRIDAY NIGHT: Read the rest of this entry »
This is a reponse to a TruliaVoices.com inquiry. The seller is getting offers, which are falling out, lowering their price, and have a Seller agent plus a Buyer’s agent (separate) they are working with. They want to know the best course of action. My thoughts:
You sound pretty serious to me and the property is generating offers and you have reduced your price! Could you please move out to California!! Read the rest of this entry »
Web 2.0 is more interactive(blogging), intuitive aspect of the web. An example is when you go to Amazon and sign in and it says,’Hey Mike, here’s a great book you might like!” And sure enough it follows your recent purchases and recognizes YOU when you sign on to the site. Web 2.0 recognizes the “threads” of your searches. Read the rest of this entry »
Yes we are a quarter away into this football season…already. Feeling like the Niners with my picks. Promising start…not so good the last two weeks. Read the rest of this entry »
Currently in our market we have over 3200 listings in our County and almost 1600 vacant or tenant occupied! The vacant ones are NOT all new builder close-outs but investor’s, Bank owned properties, foreclosure properties or folks who have purchase and now have a vacant house to sell. 
Our prices have come down to level not seen in 4 years. The interest rates, credit union product, 5.85%, and the big players 6.25%, breath-taking rates! This is a perfect storm for a home buyer! If you want a real good price and terms go and look at homes 60+ days on the market, VACANT, and offer 10% below the asking price! Get some closing costs to boot! But in order to get the BEST price,terms,concession you need to be ROCK SOLID as a buyer! Total Credit approval subject to appraisal on the subject property. If you’ve got time try a “Short-Sale” but write the contract with ALL timelines beginning upon “Lender Approval” with close of escrow to be 14 days after that benchmark!! That being said, if you get a super deal on a “short-sale” try and get ALL your ducks lined up so you can slam the escrow shut upon “Lender Approval”.
Remember, if you think the market is dropping 5-15% in the next year–then subtract that number from your asking price. Then sit back, enjoy your home, build memories, have kids, and don’t worry about staining the carpet (don’t tell your wife that!!).
« Previous Entries Next Entries »
If you’re listening anywhere in the nation call 877-636-1350—We want to hear from you!”
