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Concord, CA

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Investment Properties in Concord CA – REOs in Concord CA, Foreclosures in Concord CA, September 9, 2009

09-11-09
Vickie Nagy, Realtor, Pre-Foreclosure Specialist Certified Call 925.407.7987
Vickie Nagy, Realtor, Pre-Foreclosure Specialist Certified Call 925.407.7987: Real Estate Agent in San Ramon, CA
  • view my blog
  • Office: (925) 407-7987
  • Mobile: (925) 407-7987

September 9, 2009 - 59 REOs in Concord CA or Foreclosures in Concord CA sold and closed during August 2009, 39 were single family homes and 20 were attached homes (including condos and townhomes).* (This is down from 87 last month.)

Many Foreclosure homes are drawing multiple offers.

39 of the 59 foreclosures in Concord CA sold at or over asking price. That's just over 64% of REOs in Concord CA that sold at or over asking price during the month of August.

  • The 39 detached single family homes that were REO Bank Owned Foreclosures in Concord CA had a low sales price of $118,500 and a high sales price of $554,588. The median sale price for foreclosed home sales in Concord for this period is $245,000. These homes spent an average of 27 days on the market.
  • The 20 attached homes (including condos and townhomes) that were REO Bank Owned Foreclosures in Concord CA had a low sales price of $62,400 (for a 1 bedroom, 1 bath condo with a reported 644 square feet of living space and a high sales price of $220,000 (for a 3 bedroom, 2 ½ bath townhome with a reported 1,464 square feet of living space). The median sale price for foreclosure townhomes in Concord CA and foreclosure condos in Concord CA for this period is $128,500.

September 9, 2009 - There are 111 REO Bank Owned Foreclosures in Concord CA currently pending sale or under contingency contract on the MLS.

  • 42 are condos, duets, patio villas and townhomes that were listed from $49,900 (for a 2 bedroom, 1 bath with 884 square feet) to $189,900 (for a 2 bedroom, 2 bath duet with a reported 878square feet of living space)
  • 69 are detached single family homes that were listed at $104,900 to $707,182 and were on the market an average of 20 days.

September 9, 2009 - CURRENT INVENTORY - There are currently just 30 REO Bank Owned Foreclosures in Concord CA currently being offered through the MLS.

  • 13 are attached homes including condos and townhomes listed from $53,900 (for a 1 bedroom, 1 bath with 644 square feet) to $154,900 (for a 2 bedroom, 1 ½ bath townhome with a reported 973 square feet of living space).
  • 16 are detached single family homes, listed at $156,900 to $524,900.

To request an up-to-the minute list of foreclosures in Concord CA please e-mail your request to Vickie@BestTriValleyHomes.com

Archives for Foreclosures in Concord CA:

REO Bank-Owned Foreclosures in Concord CA July 2009
REO Bank-Owned Foreclosures in Concord CA June 2009
REO Bank-Owned Foreclosures in Concord CA May 2009
REO Bank-Owned Foreclosures in Concord CA April 2009
REO Bank-Owned Foreclosures in Concord CA March 2009
REO Bank-Owned Foreclosures in Concord CA February 2009
REO Bank-Owned Foreclosures in Concord CA January 2009
REO Bank-Owned Foreclosures in Concord CA December 2008
REO Bank-Owned Foreclosures in Concord CA November 2008
REO Bank-Owned Foreclosures in Concord CA October 2008
REO Bank-Owned Foreclosures in Concord CA September 2008
REO Bank-Owned Foreclosures in Concord CA July 2008

If you like these reports and want to work with agents who will be sure you have the market information you want and need before you purchase a home or investment property, Contact buyer's representatives:

Vickie Nagy REALTOR®, ABR, CRS, GRI e-PRO, SRES - CA DRE Lic. #01363932
(925) 407-7987 or click to e-mail Vickie Nagy
OR
Steve Nagy REALTOR®, - CA DRE Lic. #01863790
(925) 407-7987 or click to e-mail Steve Nagy

Please contact Vickie Nagy or Steve Nagy for all of your real estate needs in Alamo, Danville, San Ramon, Dublin, Pleasanton, Walnut Creek and Concord. Search the MLS - Keller Williams Realty

Visit Concord CA real estate for median home prices, local information & featured listings.

* Based on information from the Contra Costa Association of REALTOR'S® MLS (for the monthly period from the first through the last day of the month). Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.

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Greek Fest in Concord, California, September 11-13

09-11-09
Chris Fisher of StagersLISTWebsites.com
Chris Fisher of StagersLISTWebsites.com : Virtual Assistant in Concord, CA
  • view my blog
  • Office: (925) 672-6764

This weekend the St. Demetrios Greek Orthodox Church at 1955 Kirker Pass Road in Concord. They put on this event every year and it's always a lot of fun. They feature live music, dancing, shopping and of course food and wine! The dancing is usually a presentation by the youth group and they wear full costume. It's always very cute to watch. Rhiannon and I usually stop by every year and I always attempt to get her to try a new food... maybe this will be the year?!

The festival is open Friday from 5-11pm, Saturday from noon-11pm, and Sunday from noon-8pm. Children under 12 are free, admission is $5, $3 for seniors.

Opa!

Come be Greek for a day!

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1902 Camino Estrada in Concord, California, offered at $425,000

09-05-09
Terrylynn Fisher, Realtor Staging Consultant, EcoBroker, CRS, Etc.
Terrylynn Fisher, Realtor Staging Consultant, EcoBroker, CRS, Etc.: Real Estate Agent in Walnut Creek, CA
  • view my blog
  • Office: (925) 876-0966
  • Mobile: (925) 876-0966
1902 Camino Estrada in Concord, California, offered at $425,000


You've rarely seen a short sale like this one!
Wells Fargo 1st and 2nd...

Upgraded 4 bedroom, 2 bath home with sparkling pool

Kirkwood, on the Clayton border of Concord, near walking trail, shopping, library, Oakhurst Country Club and more.

  • One level rancher with pool
  • 1,926 square feet
  • 4 bedrooms, 2 baths
  • Updated kitchen, new countertops, breakfast bar, appliances and flooring
  • Breakfast room with bay window alcove
  • Formal dining room off large living room
  • Family room with fireplace (stove not included)
  • Skylight, high ceilings, laundry room
  • Master wtih two closets and private bath
  • 4th bedroom is currently used as an office
  • Aluminum tile roof
  • Attached two car garage
  • Newer dual paned windows, furnace, air conditioning unit and water heater
For more information contact Terrylynn Fisher, Contra Costa Realtor for over 30 years.
(925) 876-0966 cell
(925) 887-6614 fax
Info@BuyStageSell.com
BuyStageSell.com
StagersLISTExpo.com
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8th Annual Hawaiian Fusion Fund Raising Event in Contra Costa County

08-25-09
Terrylynn Fisher, Realtor Staging Consultant, EcoBroker, CRS, Etc.
Terrylynn Fisher, Realtor Staging Consultant, EcoBroker, CRS, Etc.: Real Estate Agent in Walnut Creek, CA
  • view my blog
  • Office: (925) 876-0966
  • Mobile: (925) 876-0966

8th Annual Hawaiian Fusion Fund Raising Event in Contra Costa County

8th annual hawaiian fusion fund raising eventThe funds raised from this event support nutritional and human services at the Concord Senior Center. The Center serves over 20,000 hot meals and delivers 25,000 meals to home-bound seniors each year. Some of the proceeds also go towards a scholarship fund for seniors who cannot afford to participate in the Concord Senior Center’s events and activities.

The event takes place September 4, 2009. The location is the Centre Concord at 5298 Clayton Road in Concord. Doors open at 5:30 (no host bar), dinner will be served at 6:30, with the show starting at around 8pm. The cost is $50 for an individual ticket or $450 for a table of ten.

The event’s entertainment features Nathan Aweau, three time Na Hoku Hanohano Male Vocalist of the Year. Also appearing will be Hawaii’s own Ke’ala Pasco and Halau Hula Ke Aolani O Kamaile.

We hope you can join us in celebrating Hawaii and supporting our local Senior Center!

emailgreenexample2DRE # 615420
- Terrylynn Fisher has been a Realtor in Contra Costa County for over 30 years. She is also an SRES, a designation targeted and helping seniors with their real estate needs.

You can call Terrylynn at 925.876.0966 or email Terrylynn

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First Time Home Buyers Concord CA | Down Payment Assistance | Bay Area Mortgage

08-25-09
Jason Wheeler
Jason Wheeler: Loan Officer in Pleasant Hill, CA
  • view my blog
  • Office: (925) 954-7082
  • Mobile: (925) 285-2172

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First Time Homebuyer Program

What is the First Time Homebuyer Program?

It is a second mortgage loan program to assist qualified low-income individuals with the purchase of their first home.

What are the maximum income limits and FTHB loan amounts?

Income eligibility is based on Household size. The maximum loan amount is determined by the income bracket of the household. Households earning at or below 100% of Area Median Income are eligible for up to a $40,000 loan. (Refer to household size at all income levels)

How much money can I borrow?

The maximum loan amount is 20% of the home sales price, or appraised value, whichever is lower, up to the maximum of $40,000 based on household income and household size.

Household Size 60% of Median* 80% of Median* 100% of Median*
1 $37,500 $46,350 $62,500
2 $42,840 $53,000 $71,450
3 $48,240 $59,600 $80,350
4 $53,580 $66,250 $89,300
5 $57,840 $71,550 $96,450
6 $62,160 $76,850 $103,600
7 $66,420 $82,150 $110,750
Maximum Loan Amount $40,000 $30,000 $20,000

* As of April 2, 2009

Who is eligible for a loan?

Borrower must be a first time homebuyer, which is a household that has not owned a home within the past three years. Borrowers must be able to qualify for a first mortgage from a participating lender. The homebuyer must provide a minimum of 3% of the purchase price.

What homes are eligible for purchase?

Homebuyers may purchase an existing single-family detached home, condominium, or townhouse located anywhere within Concord City Limits.

What are the loan terms?

  • Borrower's Disclosure (currently being updated)
  • The loan is a zero-interest, 15-year loan. Loan payments are deferred, with the loan being due at the end of 15 years or earlier if the house is sold.
  • The City loan carries shared appreciation, when the home is sold. For example, if the original sales price is $200,000 and the City loan is $20,000, the City's "share" of the appreciation is 10%. At the time of sale or refinance to pay off the City loan, 10% of the appreciation will need to be paid to the City. When the City loan is paid off the shared appreciation obligation ceases.

Inclusionary Housing

The FTHB Program may be used in conjunction with affordable units generated through the Inclusionary Zoning Ordinance to purchase a new home. The income eligibility is based on household size and is allowable up to 120% of Area Median Income cap ($107,150 for a family of 4). In cases where the FTHB Program is used to purchase an Inclusionary unit, the loan may be increased up to $50,000. This increase is intended to encourage low and moderate-income families to purchase inclusionary units, which are subject to the 45-year deed restriction. Although new inclusionary units are not for sale at this time, units are anticipated to be built over the next few years.

Are there any other requirements?

  • Borrowers must attend a City-approved FTHB Counseling Workshop. Schedule a free workshop online through www.Crediteducation.org Classes are typically held within Concord at least two Saturdays per month.
  • A home purchased under the FTHB program must be, and remain, the borrower's principal place of residence. The property cannot be leased or rented during the term of the City loan.
  • Persons with ownership in most real estate assets are not eligible.
  • Funds are limited. Assistance is provided on a first-come, first-served basis, as long as funds remain available.

For First Time Home Buyer classes schedule on-line at: www.crediteducation.org.

Until Next time Here is to your success! Jason Wheeler 925-285-2172 | Come to a FREE Bay Are Event |

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