Friday, April 30th – The 1st time home buyer tax credit expired at midnight June 30, 2010. Stick a fork in it’s done! Ding dong the witch is dead! Hallelujah! Okay what’s wrong with me? While the first-time home buyer’s tax credit was designed to stimulate the market and I’m sure you could probably find […]
Simi Valley Oakridge Estates Homes For Sale Trends from 2003 -2009
Below are the general home sales trends for homes in Simi Valley Oakridge Estates going back to 2003 to the end of 2009. There are a few homes for sale in the tract currently and as of the end of March 2010, no sales. The data was pulled from the Ventura County Regional Data Share. […]
Simi Valley Foreclosures For Sale 671 Azure Hills Drive Video Tour
Simi Valley Foreclosures For Sale 671 Azure Hills Drive Simi Valley Home For Sale – 671 Azure Hills Drive produced by Ted Mackel on WellcomeMat Price = $639,000.00 Bedrooms = 4 Bathrooms = 3 Interior = approx. 2407 sq ft Lot Size = 12,302 sq ft Pool & Spa = Inground – Gunite Upgrades = […]
Understanding Home Valuations – Broker Price Opinions (BPOs)
Understanding Home Valuations – Broker Price Opinions (BPOs) This Video segment covers the “BPO” AKA Broker Price opinion. What is a BPO? How is it conducted? Who orders a BPO? How many BPOs are ordered? These are some of the topics covered. In the segment that will follow this, I will explain how these values […]
Impacting Home Values Is the Real Estate Industry Heroes or Villains? (Video Blog)
Impacting Home Values Is the Real Estate Industry Heroes or Villains (Video Blog) In this Video Blog this will be the beginning of discussion on how values are determined for your home. There are many factors involved in home valuation so please stay tuned for the second part of this series. In this episode I […]
New Lower Rates For Title Insurance – Consumers Benefit
Tuesday – I learned that both Lawyers and Chicago Title Insurance Companies had simplified their rates. I see this as a great move on the part of these two title companies. What they have done is made their short term rate now the standard rate. Previously, the short-term rate was a discounted rate homeowners would […]
New RESPA Regulations to help drive out Bait & Switch Artists of the Morgage Industry
RESPA changes enacted January 16, 2010 will benefit Simi Valley home buyers and help them understand the costs of their financing on the new good faith estimate (GFE) and HUD-1 settlement statements. When shopping for a loan, the mortgage broker must give a good faith estimate to the client that outlines the costs of the […]
Simi Valley Home Buyers 3 Important Concerns with Short Sale Offers
As a Simi Valley Home Buyer in this market you will be confronted by many homes for sale that are Short Sales. Before submitting an offer buyers should be concerned and careful about the process they are about to enter. The current market conditions for buyers has been difficult for many. Inventory levels have been […]
The Lunatics Have Taken Over The Asylum
The lunatics have taken over the asylum. (CNBC video interview at end of this post) Beside being the song title of a 1980s new wave band (Fun Boy Three), the title of this post may be more accurate than even I realize. I follow the papers, several blogs including Calculated Risk, Square Feet Blog, industry […]
Simi Valley Home Buyers – Tax Credit Waiting for Obama
That’s right Simi Valley home buyers, the tax credit is waiting for Obama’s signature. The tax credit legislation passed the House today in a 403 to 12 vote. The Senate vote was 98 to zero. This time around there a few additions, these are pointed out in my video blog below. One thing I did […]
