Mike’s Real Estate Show

We are in a county of roughly 430,000 in Northern California and our local Realtor Association, as well as other independent and large franchises, have been running full page ads and appealing to the advertising folks at our local daily to speak with “editorial” about the profusion of articles on real estate, lending, and now appraisers. The advertsing folks have been very forthcoming and are volunteering free ad space for opinion pieces within the “real estate section”. The editorial folks have allowed letters to the editors from our ranks and a larger editorial by our President-elect here in Santa Rosa. Read the rest of this entry »

After saying last week that the TV games weren’t very interesting and being  very  wrong about that.   Now this week the biggest game on paper, most of us won’t see because the NFL Network isn’t on most of the cable systems.  Shame on the NFL for letting that happen. Read the rest of this entry »

Santa Rosa High School is your home for North Coast Redwood Empire Championship this weekend with a game on both Friday and Saturday Night. Read the rest of this entry »

Who says there are NO 100% financing homes left in the marketplace? I ran a search this morning before the show and within Sonoma County we now have 812 Homes NOW AVAILABLE UNDER $417.000 which is the conforming loan rate. 100% financing IS available at or below the “conforming loan limit” of $417,000. Now if you add in the Wachovia Mortgage seller assistment progam of $25,000 FREE GRANT MONEY!! Those homes mushroom to 998!! If you have 10% down and can put this in addition to the conforming loan amount for a total purchase price of $458,700 (I’m being exact here!) YOU NOW CAN LOOK AT 1,117 HOMES!!

  In other words–get Pre-Approved for a loan today and get into a home before Xmas!!

Here are Alicia’s rates as we discussed on the radio show this morning. She can get you into a home before Xmas–we just need to find you a home!! 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               6.125%                                    6.375% Read the rest of this entry »

I think it all depends on what you are buying and where and who is presenting the offer. When you have a cash buyer you eliminate all sorts of testy situations one biggie being the appraisal. And in his market that is a real BIGGIE for the vast majority of properties on the market. That being said I’d STILL get an appraisal as you want to make sure what your offering isn’t over the market but a great Realtor should be able to supply with the same data of an appraiser. No law says you have to make the deal “contingent” ON an appraisal. You can back out of the deal during your due diligence phase. Read the rest of this entry »

When you buy a foreclosed property  you had better check with your state to see what type of instrument you have: either a mortgage or trust deed. They differ in the foreclosure process and have different remedies for the foreclosed party. When consumers say a “foreclosed on” property they sometimes mistake a property “taken back” by the bank with a Notice of Default (NOD) filling. Do you know which it is? Read the rest of this entry »

A Thanksgiving Poem

‘Twas the night of Thanksgiving,
But I just couldn’t sleep
I tried counting backwards,
I tried counting sheep. Read the rest of this entry »

and a Happy Thanksgiving
The NFL has some mixed bags on the five Nationally televised games for the weekend.  One game they got alot more then they expected…the rest of them…well like Yawning after the big Turkey is in the stomach. Read the rest of this entry »

Semi final time as Six Sonoma County teams still have a shot at that North Coast Section Championship.   Between enjoying their Thanksgiving Day Turkey they will be practicing for the biggest games of their lives.
A little early with this..but it is a Holiday Week..so while we are at it….a Happy Thanksgiving to Everyone and enjoy the Turkey and then some playoff football. Read the rest of this entry »