Search results for: ,home,selling
Thursday, 19 August 2010
Mortgage Holders Negotiating with Homeowners
In preparation for the deluge of foreclosures expected to wash over California and the country by the end of 2010, Bank of America (B of A) has announced a new program: a $3 billion principal reduction program for homeowner’s with loan-to-value (LTV) ratios exceeding 120% of the home’s current market value. B of A will reduce a homeowner’s LTV ratio to as low as 100%.
This program is limi...
Posted by Danh Nguyen at 9:02 AM in Category: Market ConditionsLink directly to this article.
Thursday, 14 January 2010
Never Sell Your House To A Lender!!
A depression in the economy can cause many home owners to throw up their arms and sell their homes in order to get rid of financial difficulties. But does that mean they can give away their property to a lender only because they cannot afford it anymore! Also those in financial crisis cannot treat their homes as easy to dispose consumer goods. I agree that a real estate investment can also be term...
Posted by Danh Nguyen at 6:45 AM in Category: Mortgage & FinanceLink directly to this article.
Wednesday, 30 December 2009
Selling Considerations
Selling your home, when you boil it down, is really about 3 things: the Property, the Promotion, and the Price.
The Property is the one thing over which you, the Seller, have control. It is your house. You have complete control over the color, the carpet, the landscaping, the décor, the features…simply put, it’s your house. As a Realtor, I’m happy to walk through your home ...
Posted by Danh Nguyen at 11:06 AM in Category: Selling PropertyLink directly to this article.
Tuesday, 8 December 2009
The Foreclosure Story
It is everyone’s dream in Sacramento to own a home. As home loans are made easily affordable, almost every family has a home of their own. Home loans with low mortgage rates are provided by the government for low income and bad credit people. These loans have interest rates as less as three percent. Consolidation of loans by the government has made repayment much easier. In spite of all these, for...
Posted by Danh Nguyen at 8:01 AM in Category: Mortgage & FinanceLink directly to this article.
Thursday, 3 December 2009
Career in Real Estate
The ever increasing popularity of real estate profession has brought about a revolution in the careers of several aspiring professionals today. Buying and selling of home, managing property and land development are a few aspects of a career in real estate.
The potential advantages of a career in real estate are endless. High income, respectable status in your community, freedom from time,...
Posted by Danh Nguyen at 6:34 AM in Category: Careers in Real EstateLink directly to this article.
Friday, 27 November 2009
Recession Proof Career
The recent economic conditions had unemployment rates higher than what they had been in more than a quarter of a century. Ironically the housing sector had created incredible opportunities as the interest rates in buying and selling were on the rise. During such times the country saw a gradual rise in the demand for real estate agents.
To become a real estate agent you can be educated in ...
Posted by Danh Nguyen at 12:40 AM in Category: Careers in Real EstateLink directly to this article.
Tuesday, 24 November 2009
Real Estate Scenario today
Real estate events have been quite closely watched in these fluctuating times and there has been considerable improvement on the market conditions that is favoring the buyer this quarter.
While searching for the right place to settle in, do make a thorough search on the Homes for sale section of real estate websites. Community information of the various counties in CA including Sacrament...
Posted by Danh Nguyen at 4:03 PM in Category: Market ConditionsLink directly to this article.
Monday, 19 October 2009
Quarterly home sales worst yet for Sacramento area
Home Front: Quarterly home sales worst yet for Sacramento area
Sacramento-area home builders just keep singing the blues.
July, August and September brought their worst quarter yet in this long housing crash: just 616 sales in El Dorado, Placer, Sacramento, Sutter, Yolo and Yuba counties, the Folsom-based Gregory Group reports today.
Actually, nearly all the region&rsqu...
Posted by Danh Nguyen at 5:20 PM in Category: NewsLink directly to this article.
Friday, 4 September 2009
Sacramento-area man called the housing crash
Hats are off today to Sacramento’s Michael Choe, 43, a supervising engineer with the state Department of Toxic Substances Control. This week he earned his second appearance in Time magazine since 2005 – for making good calls in this crazed real estate market.
Choe sold high in 2004.
He rented for four years.
He bought low in 2008.
As the housing crash con...
Posted by Danh Nguyen at 8:01 PM in Category: NewsLink directly to this article.
Wednesday, 19 August 2009
Small home makes big splash in Sacramento development
Home Front: Small home makes big splash in Sacramento development
By Jim Wasserman
jwasserman@sacbee.com
http://www.sacbee.com/business/story/2108425.html?storylink=pd
The K. Hovnanian-built house in Natomas has a standard-size bedroom and a surprisingly large great room that combines a kitchen and living room. But that’s about it for 817 square feet – likely...
Posted by Danh Nguyen at 9:38 PM in Category: NewsLink directly to this article.
Monday, 10 August 2009
Bad June swoon for Sacramento-area homebuilders
August 10, 2009
Bad June swoon for Sacramento-area homebuilders
http://www.sacbee.com/static/weblogs/real_estate/
Ouch! Homebuilders in Sacramento, El Dorado, Placer and Yolo counties reported their second worst sales month of 2009 in June, selling just 197 homes, condominiums and townhouses, the California Building Industry Association reported about an hour ago.
Th...
Posted by Danh Nguyen at 6:53 PM in Category: NewsLink directly to this article.
Friday, 24 July 2009
Real Estate Sales
Real Estate Sales
Posted: Friday, Jul 24, 2009 - 05:11:08 pm PDT
http://www.cdapress.com/articles/2009/07/24/real_estate/1-real-estate-sales.txt
Email this story Printer friendly version By Press staff and
The Associated Press
Jeff Chiu/Associated Press In this July 21 photo, a home for sale is shown in San Francisco. A real estate group’s report sai...
Posted by Danh Nguyen at 10:11 PM in Category: NewsLink directly to this article.
Friday, 17 July 2009
Sacramento-area home sales fall for 1st time since April 2008
Sacramento-area home sales fall for 1st time since April 2008
By Jim Wasserman
jwasserman@sacbee.com
http://www.sacbee.com/business/story/2033127.html
The 14-month streak is over.
Sacramento-area home sales reached their highest monthly count yet this year in June. But with fewer bank repos on the market, they failed to beat the numbers from June 2008, acc...
Posted by Danh Nguyen at 9:55 PM in Category: NewsLink directly to this article.
Friday, 10 July 2009
How assessor slashes property values
Home Front: How assessor slashes property values
By Jim Wasserman
jwasserman@sacbee.com
http://www.sacbee.com/business/story/2014910.html
This week the Sacramento County Assessor’s Office – and more like it across the great foreclosure belts of California – chopped property values again on nearly everything built in the housing boom.
The value slash...
Posted by Danh Nguyen at 9:56 PM in Category: NewsLink directly to this article.
Monday, 6 July 2009
Repo business soars as Sacramento area home sales slump
Repo business soars as Sacramento area home sales slump
By Jim Wasserman
jwasserman@sacbee.com
http://www.sacbee.com/topstories/story/2002300.html
At the beginning, Alejandro Maybuena lost the Sacramento house he bought in April 2005 for $350,000. At the end, in early 2009, Kim Gish bought it for $109,000.
Stories like this have happened more than 40,000 ...
Posted by Danh Nguyen at 5:08 PM in Category: NewsLink directly to this article.
Saturday, 27 June 2009
Despite programs meant to help, many homeowners still frustrated
Home Front: Despite programs meant to help, many homeowners still frustrated
By Jim Wasserman
jwasserman@sacbee.com
http://www.sacbee.com/business/story/1978579.html
Day in and day out since 2007, callers who struggle with mortgages throughout the Sacramento region, those who can’t sleep for worrying, who want to stay with houses that have lost $150,00...
Posted by Danh Nguyen at 9:14 AM in Category: NewsLink directly to this article.
Friday, 19 June 2009
Sacramento area misses move-up homebuyers -- they're staying put
Sacramento area misses move-up homebuyers -- they’re staying put
By Jim Wasserman
jwasserman@sacbee.com
http://www.sacbee.com/topstories/story/1959684.html
Almost four years into the real estate crash, a once-thriving sector of the Sacramento-area housing market – the move-up buyer – has become a virtual dead zone that must revive itself for a true reco...
Posted by Danh Nguyen at 5:18 PM in Category: NewsLink directly to this article.
Sunday, 17 May 2009
Navigating These Economic Times
The other morning a GreatWest GMAC Real Estate professional was brainstorming with another Realtor. Both agreed that in addition to helping buyers purchase property, and sellers to sell their homes, they had voluntarily taken up the shield, for helping past clients, friends and family, to stay in their economically challenged homes during these difficult times.
Currently, they were avera...
Posted by Danh Nguyen at 7:30 AM in Category: Mortgage & FinanceLink directly to this article.
Saturday, 18 April 2009
Sacramento region's repossessed home sales boom hits lull
Sacramento region’s repossessed home sales boom hits lull
ShareThisBy Jim Wasserman
jwasserman@sacbee.com
http://www.sacbee.com/business/story/1789794.html
Published: Saturday, Apr. 18, 2009 - 12:00 am | Page 1B
Months of foreclosure moratoriums, stepped-up loan modifications and bank decisions to keep repossessed homes off the market are biting hard into a s...
Posted by Danh Nguyen at 9:50 PM in Category: NewsLink directly to this article.
Sacramento region's repossessed home sales boom hits lull
Sacramento region’s repossessed home sales boom hits lull
ShareThisBy Jim Wasserman
jwasserman@sacbee.com
http://www.sacbee.com/business/story/1789794.html
Published: Saturday, Apr. 18, 2009 - 12:00 am | Page 1B
Months of foreclosure moratoriums, stepped-up loan modifications and bank decisions to keep repossessed homes off the market are biting hard into a s...
Posted by Danh Nguyen at 9:47 PM in Category: NewsLink directly to this article.
 Wednesday, 8 April 2009
Single family home and condo sales increase
Source: SacRealtor.org
Single family home and condo sales increase, median price inches downward
Following a record-breaking January,
February continued a trend of high
sales, reaching 1,575 closed escrows.
This data, compiled by the Sacramento
Association of REALTORS®, is collected
from the MetroList® multiple listing service
and covers Sacramento County and
Posted by Danh Nguyen at 11:18 AM in Category: Market ConditionsLink directly to this article.
Single family home and condo sales increase
Source: SacRealtor.org
Single family home and condo sales increase, median price inches downward
Following a record-breaking January,
February continued a trend of high
sales, reaching 1,575 closed escrows.
This data, compiled by the Sacramento
Association of REALTORS®, is collected
from the MetroList® multiple listing service
and covers Sacramento County and
Posted by Danh Nguyen at 11:04 AM in Category: Market ConditionsLink directly to this article.
Tuesday, 7 April 2009
Home Front: Don't expect those Bay Area shoppers anytime soon
Home Front: Don’t expect those Bay Area shoppers anytime soon
By Jim Wasserman
jwasserman@sacbee.com
Published: Friday, Apr. 3, 2009 - 12:00 am | Page 1B
In area conversations about real estate it’s often an act of faith that a widening gap between Sacramento and Bay Area home prices might soon spark a new migration east to buy houses cheap and put an end t...
Posted by Danh Nguyen at 7:25 PM in Category: NewsLink directly to this article.
Monday, 6 April 2009
Roof Certifications
Roof Certifications
Roof certifications have become more and more a part of the real estate sales transaction. But, is a roof certification really a guarantee? And, what is a roof certification and what does it cover?
First, let’s start with what the roofing company does to “certify” a roof. The roofer will usually visit the property and walk the roof, inspecting for “issues...
Posted by Danh Nguyen at 8:08 AM in Category: Buying PropertyLink directly to this article.
Friday, 3 April 2009
Who Are the Seniors Real Estate Specialists®?
Seniors Real Estate Specialists® are REALTORS® qualified to address the needs of home buyers and sellers age 50+. The SRES® Council awards the SRES® Designation to those members who have successfully completed its education program.
By earning the SRES® designation, your REALTOR® has demonstrated necessary knowledge and expertise to counsel clients age 50-plus through major financial and ...
Posted by Danh Nguyen at 12:40 PM in Category: 55+Link directly to this article.
Thursday, 2 April 2009
Why Use a REALTOR
Many consumers consider selling their home directly but eventually turn to REALTORS®. Smart home sellers realize they need the expertise in pricing their home, making connections with REALTORS® working with buyers, arranging and staffing open houses, and coordinating with other professionals in the sales process.
Only about half of all real estate agents are REALTORS® -- the top half, in ...
Posted by Danh Nguyen at 7:49 PM in Category: Selling PropertyLink directly to this article.
Why Use a REALTOR
Many consumers consider selling their home directly but eventually turn to REALTORS®. Smart home sellers realize they need the expertise in pricing their home, making connections with REALTORS® working with buyers, arranging and staffing open houses, and coordinating with other professionals in the sales process.
Only about half of all real estate agents are REALTORS® -- the top half, in ...
Posted by Danh Nguyen at 7:47 PM in Category: Buying PropertyLink directly to this article.
Monday, 23 March 2009
DIVORCING HOMEOWNERS – BUT FORCED TO LIVE TOGETHER
Increasingly, Real Estate Professionals are hearing of a trend - which could remind folks of the movie, "War of the Roses."
Current real estate market conditions have some divorcing couples looking to separate their lives, but realizing they can’t afford to live apart until their home is sold.
Unlike a few years ago, when many homeowners had loads of equity to share, and r...
Posted by Danh Nguyen at 8:18 AM in Category: Selling PropertyLink directly to this article.
Friday, 13 March 2009
Get the Best Price When Selling Your House!
Whatever the reason for your sale, placing your home on the market always involves a modicum of strain and stress.
After all, your home isn’t just a building. And it’s not simply a
financial investment. No matter how long you’ve lived in the home, for six months or 30 years, your home is a place of memories. It’s been the place where you, and everyone you love is always welcome.
<...
Posted by Danh Nguyen at 12:07 PM in Category: Selling PropertyLink directly to this article.
Get the Best Price When Selling Your House!
Whatever the reason for your sale, placing your home on the market always involves a modicum of strain and stress.
After all, your home isn’t just a building. And it’s not simply a
financial investment. No matter how long you’ve lived in the home, for six months or 30 years, your home is a place of memories. It’s been the place where you, and everyone you love is always welcome.
<...
Posted by Danh Nguyen at 11:56 AM in Category: ListingsLink directly to this article.
Sunday, 15 February 2009
10 Reasons to Forget being a FSBO
If you are considering selling your home you have many choices available to you. There are a multitude of options as there are real estate agents to present them. One alternative that some people find enticing is the “For Sale By Owner” or FSBO option. This avenue is chosen not because people want to play “real estate agent”, but because the thought of saving a 6% sales commission is worth the ris...
Posted by Danh Nguyen at 9:05 AM in Category: Selling PropertyLink directly to this article.
Sunday, 14 December 2008
Struggling to Get Real
Awhile back, we posted about bidding wars going on in the arena of homes, which were priced well, and in good condition; much of this activity being fed by the CAL FHA First Time Buyer program.
While blogging we have been provided with really interesting comments from real estate professionals across the nation.
It was noted these bidding wars, aren’t just indigenous to the Great...
Posted by Danh Nguyen at 5:19 PM in Category: Market ConditionsLink directly to this article.
Tuesday, 12 August 2008
Just A Year Ago!
It was just a year ago that Donald Trump did a segment on Larry King Live, speaking about Selling in an Upside Down Market.
On ABC’s Good Morning America Show today, he was interviewed by Diana Sawyer, and gave this encouraging advice, "Buy now, if you can."
His prediction - That buyers will have the next year for a historical opportunity to purchase homes.
Her...
Posted by Danh Nguyen at 7:32 AM in Category: Market ConditionsLink directly to this article.
Friday, 27 June 2008
Living Together While Marketing a Home
What to Do If You Are Divorcing and A Chilly Housing Market is Forcing You to Stay Under the Same Roof
Increasingly, GreatWest GMAC Real Estate Professionals are hearing of a trend - which could remind folks of a tamer version of the movie, “War of the Roses.”
Current real estate market conditions have some divorcing couples looking to separate their lives, but realizing they can...
Posted by Danh Nguyen at 11:30 AM in Category: Market ConditionsLink directly to this article.
Friday, 16 May 2008
What’s Up With Reverse Mortgages?
Not long ago, a GreatWest Real Estate professional lamented, that after being in the business of selling homes to folks for a couple of decades, something was beginning to happen. The agent was noticing more and more of those “kids” they had sold homes to in the early 1980’s were ringing them up and asking, “What’s up with Reverse Mortgages???”
Of course, those “kids” in the early 1980s,...
Posted by Danh Nguyen at 5:01 AM in Category: Free Information & ToolsLink directly to this article.
Monday, 5 May 2008
Getting That Property Ready to Sell
It is important to look at your home as if you were a potential buyer. The following is a list of suggestions that will help you focus your efforts to present your home in the best possible manner.
(1) The Exterior Lawn - The yard should be neatly mowed, raked and edged. Trees/Shrubs Should be pruned and shaped to compliment the property. Older or overgrown plants should be trimmed to m...
Posted by Danh Nguyen at 4:08 PM in Category: Selling PropertyLink directly to this article.
Wednesday, 16 April 2008
What Do I Need to Disclose
Often, when GreatWest GMAC Real Estate professionals sit down with a Seller, the Seller will ask – “What do I need to disclose, when selling my house?”
Or – they will be more specific, “Must I disclose the real reason I’m selling my home is because of noisy and obnoxious neighbors?”
One Seller questioned a GreatWest GMAC Real Estate professional, about a ghost or two, which wer...
Posted by Danh Nguyen at 11:47 AM in Category: Selling PropertyLink directly to this article.
Wednesday, 26 March 2008
THE GREAT DIVIDE
A few days ago, we posted about bidding wars going on in the arena of homes, which were priced well, and in good condition; much of this activity being fed by the CAL FHA First Time Buyer program.
While blogging we have been provided with really interesting comments from real estate professionals across the nation.
It was noted these bidding wars, aren’t just indigenous to the Gr...
Posted by Danh Nguyen at 4:59 AM in Category: Market ConditionsLink directly to this article.
Thursday, 31 January 2008
Every Year at this Time
Every year at this time, folks have the feeling there is a little more in the air than love. Perhaps it’s the anticipation of another sharp pointed projectile aimed in our direction. This ‘other’ feeling isn’t coming from the warm caring feelings of one near and dear to us with the aid of Cupid’s bow. . . It comes instead in the form of Tax Forms from our not so ambivalent Internal Revenue Servi...
Posted by Danh Nguyen at 7:44 PM in Category: Buying PropertyLink directly to this article.
Every Year at this Time
Every year at this time, folks have the feeling there is a little more in the air than love. Perhaps it’s the anticipation of another sharp pointed projectile aimed in our direction. This ‘other’ feeling isn’t coming from the warm caring feelings of one near and dear to us with the aid of Cupid’s bow. . . It comes instead in the form of Tax Forms from our not so ambivalent Internal Revenue Servi...
Posted by Danh Nguyen at 7:35 PM in Category: Buying PropertyLink directly to this article.
Friday, 18 January 2008
Thinking points for Buyers and Sellers
THINKING POINTS FOR BUYERS
- The doom and gloom you’re hearing about in the mass media should not affect your decision to act if you are ready, willing, able and eager to do so.
- Prices may still go lower, but as soon as they hit bottom, they will rebound with a vengeance, quickly wiping out any advantage you might gain by waiting.
- Right now, you have an unusually wide ...
Posted by Danh Nguyen at 9:44 PM in Category: Buying PropertyLink directly to this article.
Tuesday, 11 December 2007
Reasons Why You Need a REALTOR
1. A real estate transaction is complicated. In most cases, buying or selling a home requires disclosure forms, inspection reports, mortgage documents, insurance policies, deeds, and multi-page government-mandated settlement statements. A knowledgeable guide through this complexity can help you avoid delays or costly mistakes.
2. Selling or buying a home is time consuming. Even in a str...
Posted by Danh Nguyen at 5:26 PM in Category: Buying PropertyLink directly to this article.
Reasons Why You Need a REALTOR
1. A real estate transaction is complicated. In most cases, buying or selling a home requires disclosure forms, inspection reports, mortgage documents, insurance policies, deeds, and multi-page government-mandated settlement statements. A knowledgeable guide through this complexity can help you avoid delays or costly mistakes.
2. Selling or buying a home is time consuming. Even in a str...
Posted by Danh Nguyen at 5:22 PM in Category: Buying PropertyLink directly to this article.
Wednesday, 21 November 2007
Guaranteed To Expire
Guaranteed To Expire
by Paul Pastore, ABR,CRS,CRB,G.R.I.,MRE,e-pro,RECS,
Here are the top ten ways any seller can practically guarantee their home will expire:
1. Not serious about selling. A sage once quipped, "Money is only important when you don’t want something enough." Real estate expert R.L. Brown said that if half of the 58,000 sellers in Maricopa County ...
Posted by Danh Nguyen at 8:20 AM in Category: Selling PropertyLink directly to this article.
Tuesday, 20 November 2007
SELLING THAT IMMOVABLE OBJECT - THE LONG UNSOLD HOME
Is your home or property one which has sat on the market month after month? Are you pulling your hair out trying to explore the elusive reason your home continues to remain unsold?
Well, the answer may not be as puzzling as you think. Professionals at Great West GMAC Real Estate know the natural laws of the market are usually quite predictable. And a little analysis should reveal the t...
Posted by Danh Nguyen at 1:19 PM in Category: Selling PropertyLink directly to this article.
Thursday, 2 August 2007
The Pros and Cons of Condos
Condominiums and townhouses offer an affordable option to single-family homes in most areas. But consider these facts before you buy.
1. Storage. Some condos have storage lockers, but usually there are no attics or basements to store belongings.
2. Outdoor space. Yards and outdoor areas are usually smaller in condos, so if you like to garden or entertain outdoors, this ...
Posted by Danh Nguyen at 11:31 AM in Category: Buying PropertyLink directly to this article.
The Pros and Cons of Condos
Condominiums and townhouses offer an affordable option to single-family homes in most areas. But consider these facts before you buy.
1. Storage. Some condos have storage lockers, but usually there are no attics or basements to store belongings.
2. Outdoor space. Yards and outdoor areas are usually smaller in condos, so if you like to garden or entertain outdoors, this ...
Posted by Danh Nguyen at 11:18 AM in Category: Market ConditionsLink directly to this article.
Saturday, 21 July 2007
The Secret to Pricing Your Home to Sell
The Secret to Pricing Your Home to Sell
by Jim Remley, Pro Performer Seminars
Contrary to popular belief, when selling your home its value is determined by one thing and one thing only - what a qualified buyer is willing to pay for it. No more and no less. Sure, many sellers will argue that their home has an insurance replacement value, or an appraised value, or a tax assessed value,...
Posted by Danh Nguyen at 9:36 AM in Category: Selling PropertyLink directly to this article.
The Secret to Pricing Your Home to Sell
The Secret to Pricing Your Home to Sell
by Jim Remley, Pro Performer Seminars
Contrary to popular belief, when selling your home its value is determined by one thing and one thing only - what a qualified buyer is willing to pay for it. No more and no less. Sure, many sellers will argue that their home has an insurance replacement value, or an appraised value, or a tax assessed value,...
Posted by Danh Nguyen at 9:06 AM in Category: Selling PropertyLink directly to this article.
Thursday, 5 July 2007
Understanding Capital Gains in Real Estate
When you sell a stock, you owe taxes on your gain—the difference between what you paid for the stock and what you sold it for. The same is true with selling a home (or a second home), but there are some special considerations.
How to Calculate Gain
In real estate, capital gains are based not on what you paid for the home, but on its adjusted cost basis. To calculate this:
Posted by Danh Nguyen at 4:04 PM in Category: Selling PropertyLink directly to this article.
Monday, 14 May 2007
Sacramento region default notices hit record highs
Both notices of default, the first sign that homeowners are having trouble making payments, and foreclosures reached historic highs across much of the Sacramento area during first quarter reported Sami Siddiqui, President of GreatWest GMAC Real Estate.
The statistics are the newest indication of stress in one of California’s most troubled major housing markets. They come as spring s...
Posted by Danh Nguyen at 11:41 AM in Category: NewsLink directly to this article.
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