Mike’s Real Estate Show

With two weeks to go in the regular season lets see where we have came from and where things are going and give a grade to the preseason picks.  This could get ugly. Read the rest of this entry »

Our foerclosures seem to be limited to production housing areas and certain zip codes. We have a heavily hispanic area where many, many sub-prime loans dominated the buying landscape 2-3 years ago. It’s been a bloodbath there. Both areas are “Westside” areas with the most affordable price points and primarily first time homebuyer neighborhoods and investor activity. Read the rest of this entry »

Wish to buy but don’t have the resources to take advantage of this great “Buyer’s” market in Sonoma County? Give the “Equity Share” arrangement a try.  This is a simple principle wherein you “partner” with an investor who purchases a property and you both agree to the terms of the deal, occupancy, payment structure, and return on investment for the investor and then project out a number of years for the equity share. This involves allowing the home to appreciate or gain equity. You then sell the property in the future and split the equity gain above a certain baseline. Read the rest of this entry »

If you are searching for a custom built home but find your price range limiting, then look no further than this stellar home. Originally built by a contractor/owner, this home features the type of craftsman touches evident in homes costing $100,000’s more in today’s marketplace. From the gorgeous custom hardwood flooring with inlays and unique geometric designs to the intricate, curved ceilings in the Living and formal dining rooms to the striking ceiling designs and lighting fixtures; this home shouts quality. Locating the garage along the side of the house also gives the front elevation a fresh look and a traditional flavor. With a asking price of  $589,900 you will be amazed at how much you get! 2330 Square feet with 4 Bedrooms and 3 full baths (each with tile flooring, tile surrounds and tile counters),formal dining room, living room with fireplace, Master Suite with huge jetted-tub and glass stall shower with gas fireplace and recessed ceiling, family room, country kitchen with walk in pantry and dining area bay, the list goes on! All on a large corner lot in quiet cul-de-sac location. Come visit me today, Sunday, after the show. I’ll be there 1 to 4pm. Home is vacant and we can get you IN BEFORE XMAS!! Directions: Piner road west to Peterson lane, go right or north to Redoak and follow the signs to Mirage Court. You’ll be delighted you did. 

Our guest on today’s show is Tom Havstad. Tom is the owner and primary consultant for permit-help.com. His work in the contruction industry goes back more than 35 years. He has been here in Sonoma County since 1979.Tom has had a General Contractor’s license since 1976, and a Real Estate License since 1978. In 2003 Tom acquired the certification of the California Real Estate Inspection Association as an Inspector to write Property Inspection Reports. Read the rest of this entry »

Housing Markets That Are Still Thriving
The best-performing housing market in the country during the third quarter was picturesque Wenatchee, a city of more than 35,000 that is the seat of Chelan County, Wash. Prices in the Wenatchee metro area increased by 15.7 percent year over year, according to RealtyTrac. Read the rest of this entry »

Briefly…It goes without saying the Atlanta Falcons are the biggest mess of this NFL season, but I can’t get past the fact they beat the Niners…NFL Network is getting there’s for stealing games that most of us can’t see.  Read the rest of this entry »

 Lawmakers are working overtime crafting bills which might help stave off the wave of foreclosures being predicted as “Sub-Prime” mortgages start the “re-setting” process in the months to come. 2008 will be the vast majority of these resets happening though $40 Billion worth of resets are going to happen this month in December. Many of these bills are predicated upon the Borrower or Debtor going to the Bankruptcy Court as a last resort to stop the foreclosure process. Senator Durbin, Democrat-Ill, has the most aggressive of these currently working its way through the senate. Hot juicy tidbits of this bill are: Read the rest of this entry »

Listeners, This is the web site we spoke of this morning for helping those meeting the rather strict guidelines for the program President Bush put forth this week. You can also call: 888-995-4673 (HOPE).  Here are the guidelines: Read the rest of this entry »