Folsom, CA

If you are a home buyer and you are looking to purchase your 1st, maybe 2nd home and are considering real estate in Folsom, California, you have come to the right place. Housing could not be much more affordable these days, and interest rates are still low. Even if you have little money to put down, there is a financing solution available for you!

Why buy in a home in Folsom, CA? There are many reasons, but here are the items that appealed to me and my family most:

• Great schools - Several nationally recognized schools within the city.
• Lots of parks - Just about every home in every neighborhood is within walking distance of a local park.
• Small town feeling - Coming from the Bay Area, I found Folsom to have a slower "pace" without having to sacrifice the "big town" amenities of shopping, restaurants, entertainment, outdoor activities, etc.
• Beautiful scenery - Rolling hills, oak trees, open spaces, Folsom Lake and miles of hiking, biking and walking trails.
• Excellent Infrastructure - Folsom is a city, and offers an array of municipal services, including administration, police, fire, recreation, parks, and public works.
• Family based community - My wife joined "Sierra Moms," a grass-roots organization, made up by the mothers of newborns, toddlers and preschoolers, which provides moms with play groups, advice/information exchange, social interaction and an abundance of other services/activities. Most of the moms my wife met live in Folsom or El Dorado Hills. This organization was invaluable to my wife's integrating into the community.
• Cost of living- With Folsom's affordable home prices, you may be able to enjoy the luxury of one parent working and the other one raising your children... This was of major importance to my wife and I and we were able to afford it here in Folsom.

Why buy a home through Brokers Inc?

• Brokers Inc. is owned by Aaron Cullen who is a Folsom resident and has 16+ years experience helping home buyers and home sellers. Aaron Cullen also has experience with transacting in bank owned homes / foreclosure properties / REO real estate.
• Brokers Inc. has relationships with local banks & lenders to insure your loan will get the attention it deserves. If you don't have a solid pre-approval and loan lined up, you may end up wasting your time. Brokers Inc. will help you get pre-approved so you can focus on buying the right home.
• Brokers Inc. credits $2,500 to every home buyer that purchases a home through us. Just visit our website or call us to find out the details.
• If you are interested in looking at and maybe purchasing a bank owned home / foreclosure property / bank repo, Brokers Inc. has a bank repo list that is updated daily for you to look at.
• If the above reasons above are not enough, then perhaps you should consider the fact that we take your best interests to heart and we want you to be happy throughout the home buying process. Happy home buyers tell their friends and it helps us build our business.

Folsom areas served include: Empire Ranch , The Parkway , Willow Creek Estates , Broadstone , Hillcrest , American River Canyon ( ARC ), Sierra Woods , Lexington Hills , Natoma Station , Briggs Ranch and more!

40 Tips for a Better Life

1. Take a 10-30 minute walk every day. And while you walk, smile. It is the ultimate anti-depressant.

2. Sit in silence for at least 10 minutes each day. Buy a lock if you have to!

3. Buy a DVR and tape your late night shows and get more sleep.

4. When you wake up in the morning, complete the following statement, 'My purpose is to ... today.'

5. Live with the 3 E's -- Energy, Enthusiasm, and Empathy.

6 Spend time with the one you are in love with while you can.

7. Make time to practice prayer. It provides us with daily fuel for our busy lives.

8. Spend time with people over the age of 70 and under the age of 6 .

9. Dream more while you are awake.

10. Eat more foods that grow on trees and plants and eat less food that is manufactured in plants.

11. Drink green tea and plenty of water. Eat blueberries, wild Alaskan salmon, broccoli, almonds & walnuts.

12. Try to make at least three people smile each day.

13. Clear clutter from your house, your car, your desk and let new and flowing energy into your life.

14. Don't waste your precious energy on gossip, energy vampires, issues of
the past, negative thoughts or things you cannot control. Instead invest
your energy in the positive present moment.

15. Realize that life is a school and you are here to learn Problems are
simply part of the curriculum that appear and fade away like algebra class
but the lessons you learn will last a lifetime.

16. Eat breakfast like a king, lunch like a prince and dinner like a college kid with a maxed out charge card.

17. Smile and laugh more. It will keep the energy vampires away.

18. Life isn't fair, but it's still good.

19. Life is too short to waste time hating anyone.

20. Don't take yourself so seriously. No one else does.

21. You don't have to win every argument. Agree to disagree.

22. Make peace with your past so it won't spoil the present.

23. Don't compare your life to others'. You have no idea what their journey
is all about.

24. No one is in charge of your happiness except you.

25. Frame every so-called disaster with these words: 'In five years, will this matter?'

26. Forgive everyone for everything.

27. What other people think of you is none of your business.

28. GOD heals everything.

29. However good or bad a situation is, it will change.

30. Your job won't take care of you when you are sick. Your friends will.
Stay in touch.

31. Get rid of anything that isn't useful, beautiful or joyful.

32. Envy is a waste of time. You already have all you need.

33. The best is yet to come.

34. No matter how you feel, get up, dress up and show up.

35. Play more games and read more books than you did in 2007

36. Call your family often. (Or email them to death!!!) Hey, I'm thinking of ya!

37. Each night before you go to bed complete the following statements:
I am thankful for __________. Today I accomplished _________.

38. Remember that you are too blessed to be stressed.

39. Enjoy the ride. Remember this is not Disney World and you certainly
don't want a fast pass. You only have one ride through life so make the most
of it and enjoy the ride.

40. Call me for all your real estate needs.

Check out My Blog...http://www.realestatemartini.com

http://www.johnhayesrealestate.com

John Hayes

RE/MAX Gold Folsom

530-306-3316

A Credit Score Definition - Fair Issac defines a credit score as a snapshot of an individual's credit at any given time. The score changes as new information is added to or deleted from the individual's credit file at the repository. Not every repository has the same information, so credit scores can vary, sometimes significantly, from one repository to another. FICO scores are based on the information stored in a consumer's credit file at a specific credit repository at the time the report was issued. There is no good or bad credit score to achieve, the score is an indicator of the risk and lenders offer many different types of loan product geared to different risk levels. Today, a borrower may receive significantly improved pricing, and reduced documentation if his/her credit score is above a specific threshold.

Weighting of Scores - Scores are based on five main types of credit information:

1. Payment History - What is your track record? - Approximately 35% of your score is based on this category.

* Payment information on many types of accounts.

* Public record and collection items - reports of events such as bankruptcies, judgements, suits, liens, wage attachments and collection items.

* Details on late or missed payments and public record and collection items - specifically, how late they were, how much was owed, how recently they occurred and how many there are.

* How many accounts show no late payments.

2. Amounts Owed - How much is too much? - Approximately 30% of the score is based on this category.

* The amount owed on all accounts.

* The amount owed on all accounts, and on different types of accounts.

* Whether you are showing a balance on certain types of accounts.

* How many accounts have balances.

* How much of the total credit line is being used on credit cards and other "revolving credit" accounts.

* How much of installment loan accounts are still owed, compared with the original loan amounts.

3. Length of Credit History - How established is yours? - Approximately 15% of your score is based on this

category.

* How long your credit accounts have been established in general.

* How long specific credit accounts have been established.

* How long it has been since you used certain accounts.

4. New Credit - Are you taking on more debt? - Approximately 10% of your score is based on this category.

* How many new accounts do you have.

* How long has it been since you opened a new account.

* How many recent requests for credit you have made, as indicated by inquires to the credit reporting

agencies.

* Length of time since credit report inquiries were made by lenders.

* Whether you have a good recent credit history, following past payment problems.

5. Types of Credit in Use - Is it a "healthy" mix? - Approximately 10% of your score is based on this category.

* What kinds of credit accounts you have, and how many of each.

Tips for Score Maintenance - The score reflects the borrower's credit payment patterns over time with the most emphasis placed on recent information, the last 24 months being the most critical.

* Never payoff an outstanding collection lien or judgement before closing the new transaction you are trying to do. This will drive the score down by bringing an old derogatory item with less impact on your credit to a current derogatory item with major negative impact on the score.

* The balances on outstanding revolving debt should not exceed 30% of your available credit limit.

* Paying off revolving debt before installment debt will have more significant impact on raising your score

Check out my Blog. www.realestatemartini.com

www.johnhayesrealestate.com

John Hayes

RE/MAX Gold Folsom

530-306-3316

Enjoy:

I was wondering if I could get homestead on my house? How do I go about doing that?

Thanks Julie for the question and the definition of homestead is..

Although a homestead is not an encumbrance, it is appropriately discussed at this point. A HOMESTEAD is a special provision of the California law that allows homeowners to protect their homes from forced sale to satisfy their debts,within certain limits. There are two types of homesteads:

1) Head of Household and

2)Federal Homestead Act of 1862..whereby the government encouraged settlements(gave land free to those who made certain improvements-this is not discussed here). Homeowners should have some protection against losing his or her home because of debts. A can include condominiums,farms and life estates. A Homestead cannot include :"unimproved" Land such as vacant lots or a residence under construction.

In order for a declaration of homestead to be valid, there are certain requirements that must be met. Omissions of any one of these will make the homestead void. Recording of a homestead has no impact on property taxes

The requirements are:

1) A statement showing the claimant is the head of a family and stating the name of the spouse."Head of Family" may be anyone who lives in the home and provides for any relative living in the same house.

2) A statement that the claimant is residing on the premises and claims it as his or her homestead.

3) A description of the premises and an estimate of cash value.

4) It further provides that the declaration of homestead may need to contain a writ of execution. As part of the judicial process,the defendant must be informed of his or her right to file a declaration of homestead. This law, in effect reduces the necessity of filing a homestead declaration until the homeowner is in financial trouble.

The homeowner has time to file a declaration of homestead prior to court approval for a writ of execution. As part of the judicial process. the defendant must be informed of his or her right to file a declaration of homestead. This law,is in effect,reduces the necessity of filing a homestead declaration until the homeowner is in financial trouble....

A homestead is terminated by:

1) Declaration of Abandonment.

2)The sale fo the homesteaded property.

Links for you to download:

Homestead Declaration
Homestead-by Husband or Wife wo joinder of spouse
Homestead-Joint Declaration of Husband and Wife

www.johnhayesrealestate.com

John Hayes

RE/MAX Gold

Folsom Ca

530-306-3316

GET A FRESH LIST OF BANK OWNED REAL ESTATE IN FOLSOM, CA - UPDATED DAILY!

As we all know, bank owned homes , foreclosed , REO real estate are the rage with many real estate buyers these days who are seeking rock-bottom prices and exceptional value. In Sacramento County in July, nearly 70% of all homes sales were bank owned REO's. This blog post is your gateway to THE OFFICIAL, Folsom California - Bank Owned - REO - Foreclosure Home, MLS Search & List - UPDATED DAILY. There are great deals to be had in today's real estate market in Folsom CA.

Want to more about Folsom?

Click the link above to see the most recent Foreclosure Home, Bank Owned Home, Bank Repo, REO, MLS Search data and Listings for Folsom, CA. After you have reviewed the list, please email REO@BrokersCorp.com to receive any additional information you desire. Brokers Inc. Residential Real Estate is your source for the most up to date information on purchasing bank owned homes in Folsom California. Owned and operated by Aaron Cullen, buy a home through Brokers Inc. and you will get a $2,500 credit through escrow, just for choosing Aaron Cullen and Brokers Inc.