People in high cost areas who planned to only put 3 1/2% down using an FHA loan on their home purchase will lose over $100K in their possible buying power come Januare 1, 2014! The revisions will be effective for all FHA case numbers assigned on or after January 1, 2014 through December 31, 2014. See new loan limits for various counties here.
Category: Home Buyers
New Price for Great Walnut Creek Border House with Dual Masters or possible Bonus Room/Nanny Flat
A MUST SEE!!! New Price for Great Walnut Creek Border House with Dual Masters or possible Bonus Room/Nanny Flat Price reduced $25,000!!! Now Only $550,000! Great large and updated 4 bedroom , 3 bath Ygnacio Valley Area, Walnut Creek Border House with pretty granite kitchen with walk-in pantry and breakfast bar, formal and informal dining…
Sales Slowing in Livermore, the Tri-Valley and Bay Area & Across the U.S. A GREAT Time for Buyers to Buy a Home!
As many Sellers who put their home on the market in August hoping to be part of the summer buying frenzy with multiuple offers and over asking price offers are finding out, home sales in Livermore, the Tri-Valley, most of the East Bay Area and across the U.S. are slowing. In some bay area cities, average days on market for active listings is more than 30 days. That is not a bad thing necessarily. It is just a sign that that fall is here, mortgage rates are beginning to rise and hopefully, we will be headed to a more “normal” market and inventory.
How Long Does It Take to Sell A Home in Pleasanton, Livermore, Dublin, San Ramon, Danville, and the Tri-Valley California?
The amount of time on market will vary depending upon where the home is located, the type of property, the price point of the listing, and if there are special terms or circumstances of the sale such as owner occupied only, any age or income restrictions, short sale/foreclosure/probate/regular equity sale etc.. Right now, however, the rates are so low that there are far more people trying to buy homes than there are properties that are listed for sale, so there is a housing inventory shortage that is driving up prices. Homes can literally sell before they hit the open market because the listing agent typically has buyers who would love to purchase a home right now that they, themselves have not been able to get them into.
If you would like to find out what your home may be worth in today’s market for free online right now, visit http://RobinsHomeValues.com for a no obligation home valuation.
If you are facing foreclosure or are simply struggling to keep your home, you can download my free report 9 Alternatives to Foreclosure at http://RobinBirdTeam.com
Seniors Can Buy Homes With a Reverse Mortgage (FHA HECM) & NOT Have to Make Any Monthly Mortgage Payments in Livermore, Danville, Pleasanton, Dublin, Tri-Valley, California and the United States!
Seniors Can Buy Homes With a Reverse Mortgage (FHA HECM) & NOT Have to Make Any Monthly Mortgage Payments in Livermore, Danville, Pleasanton, Dublin, Tri-Valley, California and the United States. One of the biggest challenges for some seniors is that cannot afford or are financially stretched to the breaking point by a monthly mortgage…
Seniors Can Buy Homes With a Reverse Mortgage (FHA HECM) & NOT Have to Make Any Monthly Mortgage Payments in Livermore, Danville, Pleasanton, Dublin, Tri-Valley, California and the United States!
Seniors Can Buy Homes With a Reverse Mortgage (FHA HECM) & NOT Have to Make Any Monthly Mortgage Payments in Livermore, Danville, Pleasanton, Dublin, Tri-Valley, California and the United States. One of the biggest challenges for some seniors is that cannot afford or are financially stretched to the breaking point by a monthly mortgage…
Should I List My Home With an Agent or Sell it Myself as a For Sale By Owner (FSBO)?
Should I List My Home With an Agent or Sell it Myself as a For Sale By Owner (FSBO)?
Attention: For Sale By Owners! People Are Afraid To Buy From You!
Many homeowners believe that to maximize their profit on a home sale they should sell it themselves. They may even think that they have to sell the home themselves in order to avoid losing their home to foreclosure or short sale (if the latter is you, you may have options you are not aware of–contact me and I would be happy to discuss them with you). At first glance, they feel selling a home is simple and why should they pay a broker fees for something they could do themselves?
Before you decide to sell FSBO, consider these questions and weigh the answers of assuming the responsibility versus employing a professional. A little time spent investigating up front will pay off tenfold in the end. This article discusses some Questions To Consider. By: Robin Watson-Bird, Broker/Owner Realty World-No Pressure Realty, 925-577-8692
Some Active Military & Veterans Can Buy a New Home with a VA Loan Even if Their Current Home is Upside Down and Even if They Have Done a Short Sale on a Property in the Past!
The biggest challenge for people whose homes are upside down (that is, they owe more money on it than it is worth) is buying a new home. Typically, they will one of two alternatives:
1) They will have to short sale their property and wait 2-4 years before a lender will loan them money to purchase another home.
2) Buy another property when their current one is upside down and be able to afford both properties
Active Military and Veterans have a third option because the VA will loan money to buyers who have an upside down property as long as they meet certain criteria. This blog article details this scenario.
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Some Active Military & Veterans Can Buy a New Home with a VA Loan Even if Their Current Home is Upside Down and Even if They Have Done a Short Sale on a Property in the Past!
The biggest challenge for people whose homes are upside down (that is, they owe more money on it than it is worth) is buying a new home. Typically, they will one of two alternatives:
1) They will have to short sale their property and wait 2-4 years before a lender will loan them money to purchase another home.
2) Buy another property when their current one is upside down and be able to afford both properties
Active Military and Veterans have a third option because the VA will loan money to buyers who have an upside down property as long as they meet certain criteria. This blog article details this scenario.
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‘Tis the Season to Buy a Home in Livermore and the East Bay Area & Beyond
Investors are out making offers like crazy right now and if you want to get a good deal on a home, you should be as well!