Tracy, CA

Despite the lifting of the Moratorium back in February, we have yet to see a steady release of REOs as Banks decide what to do next. Since supply has significantly fell & demand remains high, prices should continue upward due to buyer competition. Short sales continue to dominate the market as REO listings are few and far between.

With low supply & high demand, expect a lot of competition on desirable homes. Our advice to you: don't hesitate making an offer for more (sometimes significantly) than the list price if you really want the home. Also, being that supply is low and competition is high, FHA and VA loans will continue to have difficult times getting approval over conventional or cash offers.
If you're using an FHA or VA loan, you may have to compromise on the neighborhood or condition. But don't be discouraged - it's still worth it to buy now!

Mountain House is the best place to live, I think, especially if you have a family. We are getting ready to have our 4th of July parade. It's just like the one I remember growing up watching in Alameda. Afterwards there is an old fashioned community picnic in the park. If you are thinking about moving here, you should definately attend this! If Mountain House might be the place you'd like to buy a house then contact me. We'll do a free consultantion and application over the phone. DRE #01395691

TOP 5 Reasons I DO NOT answer MY PHONE!
These are mine..... what are yours........
5. Caller ID says it's your spouse's Mother on the other end of the line.

4. You're riding in the CAR with Someone besides YOURSELF - your kids, spouse, a friend. (OK I admit I do answer when in the car with kids, rarely with husband, rarely to never when it's a friend in the car with me.)
3. You're in a meeting! I was in a meeting the woman in front of me DID ANSWER HER PHONE.
2. You are with clients.

The NUMBER 1 REASON to NOT Answer your phone.....

1. You are in the BATHROOM --- yes someone actually DID answer their phone when I called, and YES they were in the bathroom - they told me!!!

Come on add to the list.... I know you've got examples..........

I take pride in helping home buyers and sellers navigate the Short Sale process while buying or selling a home. First time buyers, REO properties, Short Sale that is MY market.

REGRET PRICE!

What is that? Regret price is the price you would regret if you didn't pay..... this philosophy can be applied to EVERYTHING, however it works especially well with BUYERS!

You know Home Buyers.... who ask ... how little can I pay, I want the best deal..... is that really the issue? NOPE.

How many times have you heard that then the buyer doesn't get the home, they wait until it is sold and find out what was paid .... what is always said ..... "Oh drat I would have paid that!" That is the REGRET PRICE.

Now when the property is sold, and they don't get the home, when they find out what it sold for and they think, "WOW, I would never have paid that for that property." Again - the REGRET PRICE.

I'm getting my clients to start thinking about their "REGRET PRICE" for every house we see. In this market of Short Sales and REO, the asking price is RARELY the REGRET PRICE!

Every home is someone's Castle.

Buying or Selling in Tracy, CA or Mountain House, CA; consult an expert.