This will go fast. 40361014. It's priced like the last REO was sold for on 4/28/08. However the one that sold in March 2008 went for $560,000. and the other one on the market currently is 6135 Yardley which is asking $629,900. So this is a steal. Don't hesitate, if you want to buy in Windemere th
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08/07/2008
This bit of news hasn't been highly publicized but one I find more interesting than the $7,500 interest free loan that has gotten a lot of press. The recently passed housing bill includes a provision to provide homeowners who in 2008 wouldn't benefit from itemizing but do have property tax expens
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08/03/2008
Got this just now.I haven't done a non-conforming loan in so long, I'm not surprised Chase is the 1st to officially drop the product. This will impact the luxury home market the most, as they're the biggest users of loans over the conforming limit. Chase's reason for dropping the program is (1) t
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08/01/2008
The press keeps talking about the excess inventory of homes, but really if your looking for example a 4/2 with min 2000 sqft, there's very few homes worth considering in San Ramon, Pleasanton or Fremont. At best I find 1-3 homes on the market that I would consider having my clients bid on in any
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07/28/2008
Steven Fong and I have been helping organize the distribution of dictionaries to all 3rd graders in the New Haven Unified School District since 2006 on behalf of the Bay East Association of Realtors. The dictionaries' are acquired through a national program called the Dictionary Project. For abo
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07/28/2008
this was just passed to me by Bayeast: I've highlighted in Bold the sections I find interesting. They are not asking that the conforming loan limit stay at a maximum of $729,750, instead they are making the maximum for most of California and other priced areas $625,500. This means any home priced
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07/25/2008
People are under the mistaken perception that they can simply absolve themselves of the debt on their property throught a short sale or foreclosures. That's often not the case, when they refinanced their original purchase money loans or took out a HELOC post purchase. Do your research online and
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07/25/2008
there are two ways I think realtors can add value to the communities and their profession, both involve helping to improve the attractiveness to homes in a community by reducing crime and by improving the students test scores in standard tests. One easy way to help reduce crime is to organize th
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07/16/2008
First Tuesday, an agent education firm forwarded me this info: "Total California DRE licensees are presently at 500,000, but will drop to the 400,000 level before rising again in 2015 - 2020. The rate of drop-out due to expiring licenses is accelerating and the number of drop-outs now far exceed
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07/13/2008
California Association of Realtors just passed this out: FORECLOSURE RELIEF BILL BECOMES LAWThis week, the State Legislature enacted foreclosure reform law to address the adverse effects of high foreclosure rates in California. The new law requires lenders to contact homeowners to explore options
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07/11/2008
