Living in Contra Costa County: January 2010

Apple Hill Homes in Brentwood

Apple Hill Homes in Brentwood

Apple Hill Homes are some of the most prestigious homes in Brentwood California.  Offering the security of a gated community with amenities in East Contra Costa's finest community. 

Apple Hill Homes are hard to come by and this report focuses on that niche market.

Right now there is only one home for sale in Apple Hill and that home is 3547 SF and priced at $480,000.00.  This is $135.00 per SF.  The home has been on the market 18 days.

In the last 6 months there have been six Apple Hill Homes sold.  Those homes had an average price of $373,166.00 and a median price of $340,000.00.  This is an average of price per SF of $138.00.  The homes spent an average of 20 days on the market.

There are nine Pending Apple Hill Homes.  Seven of these homes are short sales.  In this lending market we can expect some of these homes to end up back on the market.  These nine Apple Hill Homes listed at an average price of $419,388.00 and a median price of $425,000.00.  The average list price per SF is $151.00 and they spent an average of 17 days on the market.

Apple Hill Homes are hard to get and if you want to live in Apple Hill you need to move when one of those homes comes onto the market.  For more information on Apple Hill Homes or other Brentwood gated communities please give me a call.

Why Home Point Real Estate?

Home Point Real Estate is your partner in Buying a Home (Free MLS Access to Search for Homes) or Selling a Home (Get a Free on Line Home Evaluation). We are a Leading Internet Real Estate Company with the tools to meet the modern online Real Estate world combined with Traditional and Personal Customer Service.

Where is Home Point Real Estate?

Home Point Real Estate is Located in the East Contra Costa County community of Brentwood we also provide service to Discovery Bay, Antioch, Oakley, and Pittsburg. Click on the Community to see Homes For Sale Now.

Does Home Point Real Estate Handle Bank Owned Homes?

Yes! Go Here to: Get the Free Bank Owned Homes Buying Guide and Get a Free List of Bank Owned Homes.

What if I am in Foreclosure, having Mortgage Trouble, or Want to Short Sale my Home?

Home Point Real Estate is the company for you! Contact Home Point Real Estate and request a Free Consultation with a certifies SFR (Short Sale and Foreclosure Resource) to see if there is a way to save your Home or to do a Short Sale and help Save Your Credit. Get the Free Short Sale information Report for Buyers and Sellers too. Click Now for Short Sale Information and Free SFR Consultation.

Can Home Point Real Estate Help me with Real Estate Investments?

Get The Free Book of Real Estate Investing from Home Point Real Estate along with the Free Investor Calculator. This Book covers complex investing concepts in any easy to read manner with plenty of examples. Including Tax Issues, How to Evaluate an Investment Property, and more.

Make Home Point Real Estate your Partner in Real Estate Success – Call Now 925-260-4321

Ask Gene About Real Estate on Facebook. 

 

 

0 comments • Gene Riemenschneider East Contra Costa Home Sales 01492725 • January 29 2010 04:57PM

Summerset Homes in Brentwood

Summerset Homes in Brentwood

Summerset Homes is part of an exciting retirement communities in Brentwood California that includes Sommerset Homes and the new Trilogy Homes.

This report looks at sales of Summerset Homes, Sommerset Homes, and Trilogy Homes in Brentwood California.

There are currently 19 Homes for sale in these communities ranging in price from $220,000.00 to $666,869.00 with an average price of $427,299.00 and a median price of $427,000.00.  This comes out to an average price per SF of $225.00 and they have spent an average of 108 days on the market.

In the last 6 months 36 Summerset Homes and Sommerset Homes have sold at an average price of $328,873.00 and a median price of $289,750.00.  This is an average of $193.00 per SF and the homes spent an average of 20 days on the market.

The homes are selling at a premium price compared to the rest of the Brentwood Housing Market, but this is an exclusive gated community.  Many of those on the market seem to be setting a bit, but those priced right are moving fast.

Contact me for more information on Summerset Homes. Sommerset Homes, or Trilogy Homes.

 

Why Home Point Real Estate?

Home Point Real Estate is your partner in Buying a Home (Free MLS Access to Search for Homes) or Selling a Home (Get a Free on Line Home Evaluation). We are a Leading Internet Real Estate Company with the tools to meet the modern online Real Estate world combined with Traditional and Personal Customer Service.

Where is Home Point Real Estate?

Home Point Real Estate is Located in the East Contra Costa County community of Brentwood we also provide service to Discovery Bay, Antioch, Oakley, and Pittsburg. Click on the Community to see Homes For Sale Now.

Does Home Point Real Estate Handle Bank Owned Homes?

Yes! Go Here to: Get the Free Bank Owned Homes Buying Guide and Get a Free List of Bank Owned Homes.

What if I am in Foreclosure, having Mortgage Trouble, or Want to Short Sale my Home?

Home Point Real Estate is the company for you! Contact Home Point Real Estate and request a Free Consultation with a certifies SFR (Short Sale and Foreclosure Resource) to see if there is a way to save your Home or to do a Short Sale and help Save Your Credit. Get the Free Short Sale information Report for Buyers and Sellers too. Click Now for Short Sale Information and Free SFR Consultation.

Can Home Point Real Estate Help me with Real Estate Investments?

Get The Free Book of Real Estate Investing from Home Point Real Estate along with the Free Investor Calculator. This Book covers complex investing concepts in any easy to read manner with plenty of examples. Including Tax Issues, How to Evaluate an Investment Property, and more.

Make Home Point Real Estate your Partner in Real Estate Success – Call Now 925-260-4321

Ask Gene About Real Estate on Facebook. 

 

 

0 comments • Gene Riemenschneider East Contra Costa Home Sales 01492725 • January 29 2010 03:08PM

Prequalifying that Short Sale Listing before showing...are you doing it? Questions you should be asking.

Go post on buying Short Sales.

Via Amy Jones (Chandler, Arizona RE/Max Excalibur):

chandler short saleWe qualify our buyers before showing them a home, right? But are you qualifying the short sale listings you're showing them? If not, you may be wasting your time. 

By contacting the listing agent and asking them a few basic questions prior to showing their listings you'll  accomplish 2 things.

  1. You'll save you and your buyers some and frustration time by not showing or writing an offer on a property that's not going to qualify as a short sale and consequently will never close.
  2. Listing Agents will get a clue and finally start doing their homework before taking any listing and slapping "short sale" on it.

When I meet with buyers looking for a home in Chandler, AZ, my first visit with them will include some counseling about the types of properties available for sale in our area. 

  1. Traditional resales
  2. New home construction
  3. Short Sales
  4. REO's

I will explain the process with each type of sale.  When we cover short sales, I'll go over my list of questions that I will ask any listing agent prior to showing a short sale listing and explain the reasons for each question and I'll obtain the buyers approval to eliminate Short Sale listings based on my findings so we're not wasting time. 

I will tell you that buyers agree 100% of the time.  Buyers do not want to sit around waiting on a short sale that's not going to close and loose the opportunity to find one that will.

Here are a few questions I ask any short sale listing agent (and another reason why listing agents should be responding to inquiries in a timely manner.  If they don't respond...I don't show).

  1. Do you have any offers?
  2. Have you submitted any offers to the lender(s)?
  3. How many offers will you be submitting to the lender(s)? If it's more than one, the interview is over and I'm moving on to the next property.
  4. Have you prequalified the seller and do they have a hardship?
  5. Have you reviewed their financials and do they have an income shortfall?
  6. Have you verified the parties on the Title and Deed?
  7. What stage of foreclosure is the property in?
  8. How many lenders are involved?

The answers to these questions will determine whether or not we'll look at the property. Some of the answers will give me an idea of how long the process will take and depending on how long my buyer is willing to wait, whether or not we'll look at the property. 

The answers will also be a very good indicator of whether or not the listing agent knows what he/she is doing.  I'm willing to help a listing agent along, if certain criteria are met, but if the agent has not done their homework, they've just flunked my interview and we're moving on.

________________________________________________________________________

Amy Jones, Realtor, ABR, CNE, EPro, CDPE
Chandler, Sun Lakes, Ahwatukee, Gilbert, Tempe & Mesa
Named one of the "Top 50 Real Estate Agents" by the Phoenix Business Journal 

RE/Max Excalibur
4921 S. Alma School Rd
Chandler, Arizona
Direct~480-250-3857

Visit www.AmySellsAZ.com for more information including free MLS search.
Visit www.PhoenixArizonaRealEstateBlog.com  for a comprehensive Phoenix Area Blog.
Visit www.SunLakesBlog.com about living in Sun Lakes, AZ.

 

Why Home Point Real Estate?

Home Point Real Estate is your partner in Buying a Home (Free MLS Access to Search for Homes) or Selling a Home (Get a Free on Line Home Evaluation). We are a Leading Internet Real Estate Company with the tools to meet the modern online Real Estate world combined with Traditional and Personal Customer Service.

Where is Home Point Real Estate?

Home Point Real Estate is Located in the East Contra Costa County community of Brentwood we also provide service to Discovery Bay, Antioch, Oakley, and Pittsburg. Click on the Community to see Homes For Sale Now.

Does Home Point Real Estate Handle Bank Owned Homes?

Yes! Go Here to: Get the Free Bank Owned Homes Buying Guide and Get a Free List of Bank Owned Homes.

What if I am in Foreclosure, having Mortgage Trouble, or Want to Short Sale my Home?

Home Point Real Estate is the company for you! Contact Home Point Real Estate and request a Free Consultation with a certifies SFR (Short Sale and Foreclosure Resource) to see if there is a way to save your Home or to do a Short Sale and help Save Your Credit. Get the Free Short Sale information Report for Buyers and Sellers too. Click Now for Short Sale Information and Free SFR Consultation.

Can Home Point Real Estate Help me with Real Estate Investments?

Get The Free Book of Real Estate Investing from Home Point Real Estate along with the Free Investor Calculator. This Book covers complex investing concepts in any easy to read manner with plenty of examples. Including Tax Issues, How to Evaluate an Investment Property, and more.

Make Home Point Real Estate your Partner in Real Estate Success – Call Now 925-260-4321

Ask Gene About Real Estate on Facebook. 

 

 

0 comments • Gene Riemenschneider East Contra Costa Home Sales 01492725 • January 28 2010 11:06AM

Discovery Bay Bank Owned Homes

Discovery Bay Bank Owned Homes

This report looks at Bank Owned Homes in Discovery Bay California. I compares the Bank Owned Homes currently active on the market to sales of Bank Owned Homes in November and December. The report focuses on Single Family Homes.

There are currently 14 Bank Owned Homes for sale in Discovery Bay with an average asking price of $310,071.00 and a median price of $264,900.00. They have been on the market an average of 33 days at an average price per SF of $144.00.  Discovery Bay is an eclectic community with lots of different market segements.  One of the key market segments is homes with deep water docks.  There is only one Bank Owned Home with a deep water dock and it is priced at $448,800.00 or $227.00 per SF and has been on the market for 47 days.

In December 12 Bank Owned Homes sold in Discovery Bay with an average sale price of $311,891.00 and a median price of $287,500.00. The average selling price per SF was $105.00 and they spent an average of 28 Days on the Market.  One deep water dock Bank Owned Home sold at a price or $650,000.00 or $165.00 per SF and was on the market 65 days.

In November 7 Bank Owned Homes sold in Discovery Bay with an average sale price of $364,757.00 and a median price of $275,000.00. The average selling price per SF was $114.00 and they spent an average of 36 Days on the Market.  Two home the Bank Owned Homes sold had deep water docks and average prices of $649,750.00 and average price per SF of $170.00; they were on the market an average of 103 days.

The Bank Owned Home Market it tightening up. There are still good buys to be had for series buyers.

 

Why Home Point Real Estate?

Home Point Real Estate is your partner in Buying a Home (Free MLS Access to Search for Homes) or Selling a Home (Get a Free on Line Home Evaluation). We are a Leading Internet Real Estate Company with the tools to meet the modern online Real Estate world combined with Traditional and Personal Customer Service.

Where is Home Point Real Estate?

Home Point Real Estate is Located in the East Contra Costa County community of Brentwood we also provide service to Discovery Bay, Antioch, Oakley, and Pittsburg. Click on the Community to see Homes For Sale Now.

Does Home Point Real Estate Handle Bank Owned Homes?

Yes! Go Here to: Get the Free Bank Owned Homes Buying Guide and Get a Free List of Bank Owned Homes.

What if I am in Foreclosure, having Mortgage Trouble, or Want to Short Sale my Home?

Home Point Real Estate is the company for you! Contact Home Point Real Estate and request a Free Consultation with a certifies SFR (Short Sale and Foreclosure Resource) to see if there is a way to save your Home or to do a Short Sale and help Save Your Credit. Get the Free Short Sale information Report for Buyers and Sellers too. Click Now for Short Sale Information and Free SFR Consultation.

Can Home Point Real Estate Help me with Real Estate Investments?

Get The Free Book of Real Estate Investing from Home Point Real Estate along with the Free Investor Calculator. This Book covers complex investing concepts in any easy to read manner with plenty of examples. Including Tax Issues, How to Evaluate an Investment Property, and more.

Make Home Point Real Estate your Partner in Real Estate Success – Call Now 925-260-4321

Ask Gene About Real Estate on Facebook. 

 

 

0 comments • Gene Riemenschneider East Contra Costa Home Sales 01492725 • January 27 2010 02:16PM

Brentwood California Bank Owned Homes

Brentwood California Bank Owned Homes

This report looks at Bank Owned Homes in Brentwood California. I compares the Bank Owned Homes currently active on the market to sales of Bank Owned Homes in November and December. The report focuses on Single Family Homes.

There are currently 20 Bank Owned Homes for sale in Brentwood with an average asking price of $286,155.00 and a median price of $276,400.00. They have been on the market an average of 24 days at an average price per SF of $134.00.

In December 46 Bank Owned Homes sold in Brentwood with an average sale price of $288,668.00 and a median price of $279,900.00. The average selling price per SF was $128.00 and they spent an average of 15 Days on the Market.

In November 41 Bank Owned Homes sold in Brentwood with an average sale price of $285,528.00 and a median price of $285,000.00. The average selling price per SF was $128.00 and they spent an average of 18 Days on the Market.

The Bank Owned Home Market it tightening up. There are still good buys to be had for series buyers.

Why Home Point Real Estate?

Home Point Real Estate is your partner in Buying a Home (Free MLS Access to Search for Homes) or Selling a Home (Get a Free on Line Home Evaluation). We are a Leading Internet Real Estate Company with the tools to meet the modern online Real Estate world combined with Traditional and Personal Customer Service.

Where is Home Point Real Estate?

Home Point Real Estate is Located in the East Contra Costa County community of Brentwood we also provide service to Discovery Bay, Antioch, Oakley, and Pittsburg. Click on the Community to see Homes For Sale Now.

Does Home Point Real Estate Handle Bank Owned Homes?

Yes! Go Here to: Get the Free Bank Owned Homes Buying Guide and Get a Free List of Bank Owned Homes.

What if I am in Foreclosure, having Mortgage Trouble, or Want to Short Sale my Home?

Home Point Real Estate is the company for you! Contact Home Point Real Estate and request a Free Consultation with a certifies SFR (Short Sale and Foreclosure Resource) to see if there is a way to save your Home or to do a Short Sale and help Save Your Credit. Get the Free Short Sale information Report for Buyers and Sellers too. Click Now for Short Sale Information and Free SFR Consultation.

Can Home Point Real Estate Help me with Real Estate Investments?

Get The Free Book of Real Estate Investing from Home Point Real Estate along with the Free Investor Calculator. This Book covers complex investing concepts in any easy to read manner with plenty of examples. Including Tax Issues, How to Evaluate an Investment Property, and more.

Make Home Point Real Estate your Partner in Real Estate Success – Call Now 925-260-4321

Ask Gene About Real Estate on Facebook. 

 

 

0 comments • Gene Riemenschneider East Contra Costa Home Sales 01492725 • January 27 2010 01:49PM

Oakley California Bank Owned Homes

Oakley California Bank Owned Homes

This report looks at Bank Owned Homes in Oakley California. I compares the Bank Owned Homes currently active on the market to sales of Bank Owned Homes in November and December. The report focuses on Single Family Homes.

There are currently 32 Bank Owned Homes for sale in Oakley with an average asking price of $233,381.00 and a median price of $241,700.00. They have been on the market an average of 73 days at an average price per SF of $118.00.

In December 27 Bank Owned Homes sold in Oakley with an average sale price of $223,033.00 and a median price of $195,000.00. The average selling price per SF was $108.00 and they spent an average of 63 Days on the Market.

In November 31 Bank Owned Homes sold in Oakley with an average sale price of $224,183.00 and a median price of $226,000.00. The average selling price per SF was $117.00 and they spent an average of 55 Days on the Market.

The Bank Owned Home Market it tightening up. There are still good buys to be had for series buyers.

Why Home Point Real Estate?

Home Point Real Estate is your partner in Buying a Home (Free MLS Access to Search for Homes) or Selling a Home (Get a Free on Line Home Evaluation). We are a Leading Internet Real Estate Company with the tools to meet the modern online Real Estate world combined with Traditional and Personal Customer Service.

Where is Home Point Real Estate?

Home Point Real Estate is Located in the East Contra Costa County community of Brentwood we also provide service to Discovery Bay, Antioch, Oakley, and Pittsburg. Click on the Community to see Homes For Sale Now.

Does Home Point Real Estate Handle Bank Owned Homes?

Yes! Go Here to: Get the Free Bank Owned Homes Buying Guide and Get a Free List of Bank Owned Homes.

What if I am in Foreclosure, having Mortgage Trouble, or Want to Short Sale my Home?

Home Point Real Estate is the company for you! Contact Home Point Real Estate and request a Free Consultation with a certifies SFR (Short Sale and Foreclosure Resource) to see if there is a way to save your Home or to do a Short Sale and help Save Your Credit. Get the Free Short Sale information Report for Buyers and Sellers too. Click Now for Short Sale Information and Free SFR Consultation.

Can Home Point Real Estate Help me with Real Estate Investments?

Get The Free Book of Real Estate Investing from Home Point Real Estate along with the Free Investor Calculator. This Book covers complex investing concepts in any easy to read manner with plenty of examples. Including Tax Issues, How to Evaluate an Investment Property, and more.

Make Home Point Real Estate your Partner in Real Estate Success – Call Now 925-260-4321

Ask Gene About Real Estate on Facebook. 

 

 

0 comments • Gene Riemenschneider East Contra Costa Home Sales 01492725 • January 27 2010 01:40PM

Antioch California Bank Owned Homes

Antioch California Bank Owned Homes

This report looks at Bank Owned Homes in Antioch California. I compares the Bank Owned Homes currently active on the market to sales of Bank Owned Homes in November and December. The report focuses on Single Family Homes.

There are currently 49 Bank Owned Homes for sale in Antioch with an average asking price of $207,793.00 and a median price of $187,000.00. They have been on the market an average of 32 days at an average price per SF of $111.00.

In December 60 Bank Owned Homes sold in Antioch with an average sale price of $213,054.00 and a median price of $221,550.00. The average selling price per SF was $109.00 and they spent an average of 20 Days on the Market.

In November 68 Bank Owned Homes sold in Antioch with an average sale price of $194,238.00 and a median price of $193,000.00. The average selling price per SF was $113.00 and they spent an average of 15 Days on the Market.

The Bank Owned Home Market it tightening up and prices are going up. There are still good buys to be had for series buyers.

Why Home Point Real Estate?

Home Point Real Estate is your partner in Buying a Home (Free MLS Access to Search for Homes) or Selling a Home (Get a Free on Line Home Evaluation). We are a Leading Internet Real Estate Company with the tools to meet the modern online Real Estate world combined with Traditional and Personal Customer Service.

Where is Home Point Real Estate?

Home Point Real Estate is Located in the East Contra Costa County community of Brentwood we also provide service to Discovery Bay, Antioch, Oakley, and Pittsburg. Click on the Community to see Homes For Sale Now.

Does Home Point Real Estate Handle Bank Owned Homes?

Yes! Go Here to: Get the Free Bank Owned Homes Buying Guide and Get a Free List of Bank Owned Homes.

What if I am in Foreclosure, having Mortgage Trouble, or Want to Short Sale my Home?

Home Point Real Estate is the company for you! Contact Home Point Real Estate and request a Free Consultation with a certifies SFR (Short Sale and Foreclosure Resource) to see if there is a way to save your Home or to do a Short Sale and help Save Your Credit. Get the Free Short Sale information Report for Buyers and Sellers too. Click Now for Short Sale Information and Free SFR Consultation.

Can Home Point Real Estate Help me with Real Estate Investments?

Get The Free Book of Real Estate Investing from Home Point Real Estate along with the Free Investor Calculator. This Book covers complex investing concepts in any easy to read manner with plenty of examples. Including Tax Issues, How to Evaluate an Investment Property, and more.

Make Home Point Real Estate your Partner in Real Estate Success – Call Now 925-260-4321

Ask Gene About Real Estate on Facebook. 

 

 

0 comments • Gene Riemenschneider East Contra Costa Home Sales 01492725 • January 27 2010 01:30PM

Pittsburg California Bank Owned Homes

Pittsburg California Bank Owned Homes

This report looks at Bank Owned Homes in Pittsburg California.  I compares the Bank Owned Homes currently active on the market to sales of Bank Owned Homes in November and December.  The report focuses on Single Family Homes.

There are currently 37 Bank Owned Homes for sale in Pittsburg with an average asking price of $201,956.00 and a median price of $199,900.00.  They have been on the market an average of 55 days at an average price per SF of $114.00.

In December 53 Bank Owned Homes sold in Pittsburg with an average sale price of $188,320.00 and a median price of $185,000.00.  The average selling price per SF was $112.00 and they spent an average of 18 Days on the Market. 

In November 41 Bank Owned Homes sold in Pittsburg with an average sale price of $181,297.00 and a median price of $185,000.00. The average selling price per SF was $110.00 and they spent an average of 20 Days on the Market.

The Bank Owned Home Market it tightening up.  There are still good buys to be had for series buyers.

Why Home Point Real Estate?

Home Point Real Estate is your partner in Buying a Home (Free MLS Access to Search for Homes) or Selling a Home (Get a Free on Line Home Evaluation). We are a Leading Internet Real Estate Company with the tools to meet the modern online Real Estate world combined with Traditional and Personal Customer Service.

Where is Home Point Real Estate?

Home Point Real Estate is Located in the East Contra Costa County community of Brentwood we also provide service to Discovery Bay, Antioch, Oakley, and Pittsburg. Click on the Community to see Homes For Sale Now.

Does Home Point Real Estate Handle Bank Owned Homes?

Yes! Go Here to: Get the Free Bank Owned Homes Buying Guide and Get a Free List of Bank Owned Homes.

What if I am in Foreclosure, having Mortgage Trouble, or Want to Short Sale my Home?

Home Point Real Estate is the company for you! Contact Home Point Real Estate and request a Free Consultation with a certifies SFR (Short Sale and Foreclosure Resource) to see if there is a way to save your Home or to do a Short Sale and help Save Your Credit. Get the Free Short Sale information Report for Buyers and Sellers too. Click Now for Short Sale Information and Free SFR Consultation.

Can Home Point Real Estate Help me with Real Estate Investments?

Get The Free Book of Real Estate Investing from Home Point Real Estate along with the Free Investor Calculator. This Book covers complex investing concepts in any easy to read manner with plenty of examples. Including Tax Issues, How to Evaluate an Investment Property, and more.

Make Home Point Real Estate your Partner in Real Estate Success – Call Now 925-260-4321

Ask Gene About Real Estate on Facebook. 

 

 

0 comments • Gene Riemenschneider East Contra Costa Home Sales 01492725 • January 27 2010 01:20PM

Make the California Legislature Part Time!

Make the California Legislature Part Time!

There is a petition going about that needs signatures to make the California State Legislature Part Time.  These clowns have destroyed this state and still do not get it.  Hit them where they live reduce their hours like so many other Americans.  Let's take away the state cars and the big staff!  Maybe most of the year they should try and work like the rest of us.  Honestly they seem to have too much time on their hands passing oppressive laws rather than cutting cost and balancing the budget.

Link to http://www.reformcal.com/cms/ and sign the petition.  Please pass this on.

Why Home Point Real Estate?

Home Point Real Estate is your partner in Buying a Home (Free MLS Access to Search for Homes) or Selling a Home (Get a Free on Line Home Evaluation). We are a Leading Internet Real Estate Company with the tools to meet the modern online Real Estate world combined with Traditional and Personal Customer Service.

Where is Home Point Real Estate?

Home Point Real Estate is Located in the East Contra Costa County community of Brentwood we also provide service to Discovery Bay, Antioch, Oakley, and Pittsburg. Click on the Community to see Homes For Sale Now.

Does Home Point Real Estate Handle Bank Owned Homes?

Yes! Go Here to: Get the Free Bank Owned Homes Buying Guide and Get a Free List of Bank Owned Homes.

What if I am in Foreclosure, having Mortgage Trouble, or Want to Short Sale my Home?

Home Point Real Estate is the company for you! Contact Home Point Real Estate and request a Free Consultation with a certifies SFR (Short Sale and Foreclosure Resource) to see if there is a way to save your Home or to do a Short Sale and help Save Your Credit. Get the Free Short Sale information Report for Buyers and Sellers too. Click Now for Short Sale Information and Free SFR Consultation.

Can Home Point Real Estate Help me with Real Estate Investments?

Get The Free Book of Real Estate Investing from Home Point Real Estate along with the Free Investor Calculator. This Book covers complex investing concepts in any easy to read manner with plenty of examples. Including Tax Issues, How to Evaluate an Investment Property, and more.

Make Home Point Real Estate your Partner in Real Estate Success – Call Now 925-260-4321

Ask Gene About Real Estate on Facebook. 

 

 

5 comments • Gene Riemenschneider East Contra Costa Home Sales 01492725 • January 27 2010 12:29PM

What To Do Before The Short Sale Contract

Here is what all sellers on a Short Sale should be putting together. 

Via Nicholas Goglucci, PA. South Florida Real Estate (RE/Max ParkCreek):

I have agents asking me questions about my short sale listings all the time. Some of the basic questions is how far into the short sale process is this property?

Now lets get one thing straight, most banks will not proceed without an executed contract.I have heard of transactions in which the bank ordered the BPO ( Broker's Price Opinion ) before an executed contract, but this is rare in my opinion.

I have written out some items that will make the short sale process a much easier transaction to get to the closing table, and in a timely manner if you have what the bank is looking for.

Having these updated items is important for the transaction to close and the bank having the necessary information to approve the short sale.

Keep these items updated every month - banks will ask for updated information so it imperative that the seller keep the records up to date.

Important Items you may need to submit with your request for a Short Sale:

  1. Hardship Letter
    • Provide a letter detailing the events which have made it difficult for you to make your payments.  MUST BE Signed AND Dated.
    • The letter must include the following:
      • The reason for the Short Sale request.
      • New addresses and phone numbers for all parties to the Note and Deed of Trust, if applicable.
  2. Employment / Income Verification
    • Provide a copy of the last 2 paycheck stubs for each party that signed the Note.
    • If self employed, provide an income statement showing the past 2 months of income.
  3. Financial Affidavit
    • Financial Evaluation Form (detailing expected monthly expenses vs. Income). Complete and include with your submission.
    • Must be signed and dated.
  4. Bank Statements
    • Provide a copy of the last 2 months of Bank Statements.
  5. IRS Tax Returns
    • Provide a copy of the last 2 years of IRS Tax Returns.
  6. Mortgage Statements( all loans/1ST & 2ndloans / HELOCS )
    • Provide a copy of the last monthly mortgage statement(s) regarding the property.
  7. Copy of the Listing Agreement
    • Provide a copy of the Listing Agreement, MUST BE SIGNED BY THE BROKER AND OWNER OF THE PROPERTY.
  8. Copy of the Sales Contract

You need to Provide a copy of the Sales Contract.  The Contract must be legible and MUST be signed by all parties.

  Please be advised that no consideration will be given without an executed sales contract. As per the negotiators of the banks.

 

Nicholas Goglucci, PA., CRS
Certified Residential Specialist
Certified Luxury Home Marketing Specialist
e-Pro Certified

Re/Max ParkCreek
121,614 Associates in 6,960 offices in over 65 countries
Direct Line: 954-650-7800
Fax Line: 954-903-4348
www.GoglucciTeam.com

 

Why Home Point Real Estate?

Home Point Real Estate is your partner in Buying a Home (Free MLS Access to Search for Homes) or Selling a Home (Get a Free on Line Home Evaluation). We are a Leading Internet Real Estate Company with the tools to meet the modern online Real Estate world combined with Traditional and Personal Customer Service.

Where is Home Point Real Estate?

Home Point Real Estate is Located in the East Contra Costa County community of Brentwood we also provide service to Discovery Bay, Antioch, Oakley, and Pittsburg. Click on the Community to see Homes For Sale Now.

Does Home Point Real Estate Handle Bank Owned Homes?

Yes! Go Here to: Get the Free Bank Owned Homes Buying Guide and Get a Free List of Bank Owned Homes.

What if I am in Foreclosure, having Mortgage Trouble, or Want to Short Sale my Home?

Home Point Real Estate is the company for you! Contact Home Point Real Estate and request a Free Consultation with a certifies SFR (Short Sale and Foreclosure Resource) to see if there is a way to save your Home or to do a Short Sale and help Save Your Credit. Get the Free Short Sale information Report for Buyers and Sellers too. Click Now for Short Sale Information and Free SFR Consultation.

Can Home Point Real Estate Help me with Real Estate Investments?

Get The Free Book of Real Estate Investing from Home Point Real Estate along with the Free Investor Calculator. This Book covers complex investing concepts in any easy to read manner with plenty of examples. Including Tax Issues, How to Evaluate an Investment Property, and more.

Make Home Point Real Estate your Partner in Real Estate Success – Call Now 925-260-4321

Ask Gene About Real Estate on Facebook. 

 

 

2 comments • Gene Riemenschneider East Contra Costa Home Sales 01492725 • January 26 2010 11:10AM