Pleasant Hill, CA

We have several projects in Oakland and several new contractors we are working with that are just fabulouse so far... lol, just kidding.

There are so many good contractors out there looking for work and the FHA 203k is just what their Dr. ordered. It is a way to get busy, stay busy, and actually grow their businesses in a climate that is not thought of as robust at the moment.

We have been working with some of our contractor's since the mid 1990's and it is refreshing to see some new faces mixed in with the old ones as more contractors find the program. If you are a contractor and don't have enough work to keep you as busy as you would like to be please look into the FHA 203k loan guarantee program. It is all good, It is not a cure all but it can get you going and keep you going if you are looking to grow your business.

I see one of the largest 203k contractors in the Sacramento area has just opened a branch office in Pleasant Hill to seek more work in this directdion. Good for you Daryl.

Two in two days... things are heating up with regards to the FHA 203k loan proram in Pleasant Hill CA. I love this as this is where I went to high school and a couple years at the Jr. College. wonderful community and more nice people moving into the area and fixing their new homes up with the program.

I love this business where we get to see smiling faces most every day as they decide on what repairs they will make going into their new home.

Yesterday it was a straight purchase then they will do a refinance into the 203k loan program as it is a room addition being their big improvement as well as a garage addition.

Today it is a home with standing water underneath. I'm sitting in front of the home waiting for the agent and borrower and from where I'm sitting I can see the home is sitting in a hole. It may very well need a sump pump and/or a French Drain system installed. Cute house from the street.

In any case the Jim Black Team at Bank of America is on top of both of these... good job Jim.

Selling a Home in Pleasant Hill California

If you are thinking of Selling a Home in Pleasant Hill California now may be the time to act. Pleasant Hill is a popular community in Central Contra Costa County there is easy access to most of the East Bay and BART into San Francisco.

Pleasant Hill is an upscale community offering fine parks, schools, shopping, dinning, golf and other recreational activities.

Home Prices in Pleasant Hill have fallen about 8% from last year based on Price Per Square Foot as per the attached chart:

However, there are a number of things to consider if you are Selling a Home. Although prices do seem to be trending downward they spiked over the summer and it appears that they might be trending up somewhat again.

Price per SF is one indicator, and a good one, but not the only one when it comes to pricing. Here is a spread sheet for you if you are Selling a Home in Pleasant Hill that reflects other trends and numbers:

The last factor to consider when Selling a Home in Pleasant Hill is your individual home. Although all homes are effected by market trends each home has a unique look and a unique price point. These numbers are averages they can all vary based on Condition and Location.

If you are considering Selling a Home in Pleasant Hill or beyond go to HomePointRealEstate.com for a Free Home Evaluation and other information on selling your home.

Mark your calendars for April 27th at 1 - 3 pm for another event being held by Bank of America and the Jim Black Team. Jim is very knowledgable and you can't go wrong with his team. Jim puts on a spendid presentation and he does it with class. Jim's Team has their presentations around the noon hour and feeds you some snacks or lunch at the same time. If you don't like the program, the food is good... just kidding around. This is one of the best 203k prsentations I've seen and believe me I've seen thousands of them over the years.

They must be good as they have asked me to talk about the duties of the consultant, a feasibility analysis and when to use one, and the just what we do as consultants for our fee.

I must tell you that doing an FHA 203k loan with a lender that can do but the Streamlined k and the FULL 203k loan programs makes allot of sense. So many times over the past few years I've heard about 203k projects falling out as the construction costs were too high... I now will ask if the contruction costs were $37-40,000 and in most cases I'm told "yes, how did you know?" I know because we have a numbe of 203 projectsr that the construction costs exceed $400,000 but my guess was their lender was only doing the Streamlined... these loans don't typically fall out due to the amount of construction... if they do then you are not playing with a "team player", join a team and get one working for you that can close 203k loans and does both the Full 203k and the Streamlined k so you don't get caught up hearing how your construction costs are too great.

I had one the other day that was a "streamlined k" loan the consultant who wrote it up was a "newby" to the business thinking as so many do that a Streamlined k" can go up to $35,000.... THAT ISN'T THE "WHOLE STORY" they failed to learn their product, sorry to say as the lender has to take into account "costs and fees" and together with the construction costs it must be no more than $35,000. The contractor was told his bid must be under $35,000 so he came in at $34,994.... but when you added this lenders mandated 10% contingency and their loan fees this was nearly $40,000 and no longer a "Streamlined k" loan.

Won't you join The Jim Black Team at Bank of America and The Mike Young Team for two hours of strategies that can help you play at the top of your game? See you there. So there is food eniough for everyone please contact The Jim Black Team to RSVP.

28 Warhol Way in Pleasant Hill
Offered at $385,000

Welcome to Gallery Walk

Gallery Walk is a charming bedroom community located just north of Walnut Creek and east of Lafayette in the shadow of Mt. Diablo.

For more information, Please contact:

Terrylynn Fisher, Realtor

DRE#00615420
925.876.0966 cell
925.887.6614 fax
info@BuyStageSell.com