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Depending on location it could take longer to sell your home.

7/17/14

Guarantee Real Estate just reported that the number of homes for sale has increased and the number of days

the property is on the market has increased slightly year to date; the number of days on the market is the time it takes to

get a buyer, not when it actually closes escrow.  Our experience puts that number around 45 days.  […]

By |April 24th, 2019|Uncategorized|Comments Off on Depending on location it could take longer to sell your home.|

3 Ways To Dump Your House

12-19-13 The MSN Real Estate section published the above article that caught my attention.  It mentions the Short Sale and the Deed-In-Lieu of Foreclosure.  The Short Sale most of us have heard about.  Few have heard of the Deed-In-Lieu of Foreclosure.

The deed-in-lieu of foreclosure is a fairly simple process.   The borrower or the lender prepare a Deed that gives […]

By |April 23rd, 2019|sell house|0 Comments|

How Long After A Short Sale Can You Buy Again?

12-13-13  For those wanting to buy again, this is an important question:  “When Can I Buy Again?”

The good news is you can.  When you can buy depends on who buys or insures the loan.   Martin Goldberg has some nice guidelines relating to this question.  He posted it in May 2013.  Keep in mind lending guidelines change and Mr Goldberg’s […]

By |April 15th, 2019|short sale|Comments Off on How Long After A Short Sale Can You Buy Again?|

You May Qualify For A “HARP” Refinance Loan

12-4-13 – The Home Affordable Refinance Program, also known as HARP, is a federal program of the United States, set up by the Federal Housing Finance Agency in March 2009 to help underwater and near-underwater homeowners refinance their mortgages.  The application deadline is Dec 31, 2015.  To see if you qualify check out the HARP website!

By |April 15th, 2019|foreclosure, real estate, short sale, Uncategorized|Comments Off on You May Qualify For A “HARP” Refinance Loan|

Unemployment Mortgage Assistance

If you’ve received unemployment benefits within the last 30 days you could qualify for mortgage assistance.  Notice there’s a time parameter here.  If you’re about to lose you unemployment benefits, you need to hurry.  See it at Keep Your Home California

By |April 14th, 2019|Uncategorized|Comments Off on Unemployment Mortgage Assistance|

Home Sales In Valley Falling

It looks like sales in September have dropped in the Valley.  Sales in Fresno County dropped 13% from August.  See the previous blog for our explanation.  Though sales have fallen, median prices have managed to rise 1% over August.  and a jump of 16.8% over the previous year.  This is good for those who are upside down on their […]

By |April 14th, 2019|real estate|Comments Off on Home Sales In Valley Falling|

Good News For Those Doing Short Sales

11/25/13 – For Homeowners doing short sales, where what you sell your house for is less that what you owe,  there has been a taxable issue with the State of California and the Federal government.  Previous to 2007 the forgiveness of the debt has been a taxable item on your tax return.  For example:  you sell your house for […]

By |April 13th, 2019|short sale|Comments Off on Good News For Those Doing Short Sales|

Settlement Provides 4 Billion in Aid To Distressed Borrowers

11-20-2013  J.P. Morgan Chase just settled with the Justice Department  over a variety of legal issues related to the mortgage debacle.  Apparently they were not forthright about the mortgages they sold on the secondary market.  They were weaker mortgages than advertised.  In the agreement J.P. Morgan is to provide 4 Billion in aid to distressed borrowers.  The use of […]

By |April 13th, 2019|foreclosure, real estate, short sale, Uncategorized|Comments Off on Settlement Provides 4 Billion in Aid To Distressed Borrowers|

Distressed sales still falling in Fresno

Distressed homes in Fresno County were 24 percent of all homes sold in December 2013. This is good compared to 52 percent in December of 2012. This is a reflection, in my opinion, of the increased values of homes compared to 2012. The median price appreciation was in the high teens, low 20’s for 2013.

For those of you […]

By |April 12th, 2019|Uncategorized|Comments Off on Distressed sales still falling in Fresno|

What’s happening in the Fresno/Clovis real estate market?

For about the last 6 months the demand for houses has dropped. We’ve had to lower our prices and wait longer to get our properties sold. As we have tried to discern why, the following come to mind: 1.) Interest rates have gone up. 2.) Job growth has not taken root, leaving fewer qualified buyers. 3.) Uncertainty caused by […]

By |April 12th, 2019|real estate|Comments Off on What’s happening in the Fresno/Clovis real estate market?|