Posts filed under 'Blog'
February 20th, 2008
Good Day all you investors out there. Just a note to keep in touch and let you know that home prices are at an all time low in California. Did you know that we have over 400 homes in Brentwood alone that are bank owned?? We even have homes priced as low as $199k!When was the last time you saw this?? I myself own investment properties and have been waiting to buy once again. I believe now is the time. Financing is great right now. Did you know that we can get an investor in a home for as little as %5 down. Or we can get you a loan with 20% down with 5.5 percent financing on a 30 year fixed rate. We can also get back from the bank all the closing cost and more!!!
That’s not all. Did you know that every rental that I put on the market gets rented within two weeks? Recently the last two that I rented out did not even make it on the mls??
Let me give you one more example. In 2000 I pick up a couple of rentals in Brentwood and Oakley. In 2005 we sold them for double and made over $600,000. Talk about a great return on investment. Did you know that as an investor you make your money on the buy and not the sale.
NOW IS THE TIME TO BUY!!!
Please call me or email for a list of the hottest bank owned properties around. Please let me know what price range you would like to stay in and any other request. I can set an appointment with you at anytime in my office and we can review together your plan as an investor.
Thanks for your Time!
Sincerely
Judy Hazen
“Team Elite Homes”
Keller Williams Realty
925-392-4131
www.teamelitehomes.com
info@teamelitehomes.com
December 3rd, 2007
What should you look for in a preclosing inspection? To start with, you want to make sure that condition of the house has not changed since you signed the contract several months earlier. Believe it or not a lot can change in the ensuing weeks. To make sure the home is in the same condition you’ll want to turn on every appliance, open every door, make sure nothing is broken (lights, fixtures, windows, etc.) be sure everything the seller agreed to leave is actually there and in good shape, and be certain that when the sellers moved out, they did no damage to the home. For more information on this article or on Brentwood, Discovery Bay or Oakley homes call “Team Elite” at 925 392-4131.
November 9th, 2007
The california association of realtors has an as-is clause in the contract that states that the property shall be in the same condition “as-is” was on tne day the buyer viewed the property and wrote a contract. It is differant than the as-is clause that says a home seller will make no repairs. Most homebuyers will include a contingency in the contract that allows them to do a professional home inspection by the home inspector of their choice. This inspection typically happens right after the sales price has been agreed to, usually within a week or 10 days. If the home inspector finds anything wrong in the property or decides further inspections are called for the home buyer will be able to hire a speacailist to figure out if there is an insurmountable physical problem with the property. Assuming those inspections go well, the second opportunity to inspect the property is just before the property closes. What your looking for is not the same level as the initial profesional home inspection. In a pre closing inspection, you simply want to make sure the property is in the same condition it was on the day you agreed to buy it. for more information call “Team Elite” at 925 392-4131
November 6th, 2007
Many home sellers wonder if they should continue to market their home through the holidays. Beleive it or not this can be a simple decision. One of the first things you must ask yourself is do I/we like to put out a lot of holiday decorations. If you are currently trying to sell your home your agent has probaly told you that to many “things” around the house can be a distraction to a potential home buyer. Home sellers must “de-clutter” so potential buyers can see the house not the stuff. With inventories remaining very high one of the market correcting factors right now would be a reduction in inventory. So if we can reduce inventory over the holidays therefore increaseing buyer pressure, this may lead to a better sellers condition in the spring after the holidays. The inverse of this is that if you keep your home on the market, most likely only serious home buyers are out looking this time of year so if you must sell your home keeping it on the market over the ho;lidays is recomended. for more information call “Team Elite” at 925 392-4131
October 25th, 2007
Potentail homebuyers in Oakley, Brentwood and Discovery Bay seem to be waiting for the bottom to occur. Most people are looking for bargins and dont want to spend more than they have to but there are a few things to consider. First is nobody knows when the bottom is until it has passed and things are going up again. One way to look at it is that if you find your dream home now and plan on being in it for more than say 5 years now is an excellent time to buy. Second if interest rates go up, the cost of your loan may offset any savings that are realized by waiting much longer. So the bottom line is with inventory at record high levels a home buyer can find their dream home, get an excellent deal and sit back and ride out the storm. For more information or a booklet for homebuyers contact “Team Elite” at 925 392-4131
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