Ventura, CA

If you have been waiting to jump into the market, I would not wait any longer! We are experiencing multiple offers on properties in the $250000 to $500,000 price range. Various factors contribute to this including the first time home buyers $8000 credit and also interest rates that seem to be on the rise. Contact me today to start shopping and don't miss out on this opportunity! Check out listings at:

http://www.venturahomesforsale.org/

If you are looking for Ventura homes for sale, Ventura property for sale, Ventura Real Estate this is the place!

Do you buyers know how important it is to have this mind set when you look at properties to purchase? A buyer recently said those exact words! He actually said these words within 15 minutes of the showing. I was in shock over this buyers ability to be ready and willing to purchase.This buyer will undoubtedly purchase a home at a great price in today's market.

What type of buyer are you?

Buyer # 1. The Procrastinator John and Jane want to see every listing that is currently on the MLS that falls into their price bracket. They have gotten prequalified but are in NO HURRY to purchase until they feel they have seen every choice of home. They analyze every price, every home and complain about all the imperfections. 4 months down the road their ability to obtain the loan program they wanted is no longer in existence and they have lost the ability to purchase. No home purchased here.

Buyer #2. Mr. I'm getting the Best Deal Robert feels that because most listings are foreclosures and bank owned properties that there is a bank out there wanting to "give" him a home to get rid of it. Every home he looks at he wants to lowball an offer in at way below list price. You have written him 3 offers and he has been outbid every time. No home purchased here.

Buyer #3. The Cafeteria Buyer Marsha wants more than she can afford or swallow. She tells you that she wants a 4 bedroom, 3 bath home with a large lot and a swimming pool for $250,000. Please send her listings in this price range. A minimal priced home starts at $300,000 for a 2 bedroom, 1 bath. She is really prequalified to purchase at $350,000 and could obtain a nice 3 bedroom, 2 bath home and get into the market, but insists she needs an estate for $250,000. No home purchased here.

Buyer #4. The I'm Too Cautious Buyer Mary finds a home she loves but gets cold feet about proceeding. She says she wants to wait and see if it gets any other offers. She wants to think about it for a week. A week later this home has 4 offers in on it. Mary just does not have the guts to make an offer at a decent price because she is really afraid of home ownership. No home purchased here.

I suggest you take a look at the categories above and if you fall into one of these, please develop the philosophy of I AM PREQUALIFIED, I LOVE IT AND I AM READY TO MAKE A GOOD OFFER! It is so important to be ready to move forward right now and to have the ability to make a decision quickly. We are seeing countless multiple offers on homes. Most of the homes in Ventura County are being priced under or at where they should be. Making offers well under list price is not going to work in this market right now. and when interest rates and prices take that rise, don't be one of the buyers who never buy. BE READY! You, as a buyer, can obtain a great home for a great price at a tremendous loan value right now. GET INTO THE GAME!! The reality is that this opportunity will not last forever. When home prices take that rise don't be left behind with "No home purchased."

For further information and Ventura Real Estate check out my website at:

www.Venturahomesforsale.org

I recently spoke with clients who exclaimed that she did not realize they would owe $6000 in taxes on a home they just purchased for $320,000! In todays market many buyers are purchasing homes for less than what the Ventura County Assessor shows as current market value on the tax roll. When a property is purchased and goes into escrow, the escrow company will be prorating property taxes based on the market value shown on the current tax roll. This is very important to understand because if the house that your client just purchased for $320,000 is a bank owned home and is now selling for $320,000 but previously sold for $550,000 several years ago, the assessor may very well have a tax base on the assessment roll of 1% of $550,000 (or approx. $5500 per year.). If so, then the buyer will be prorated on the $5500. HOWEVER, due to the subsequent supplemental tax roll one time billing for new purchases, this property will be reassessed at the lower market value (as of the date of purchase) and a prorated refund will be issued through the supplemental tax billing process.

It is extremely important to realize that your buyer will be out of pocket the extra amount until the new assessment is processed and the refund issued. This process can take up to a year. A phone call to the local assessor could help speed the process by bringing attention to your individual property. Also, remember all requests for reassessments are FREE!! Many people are receiving deceptive solicitations by mail requiring a fee for reassessment. Tell your clients not to be mislead by these official looking offers for tax relief.

Helping with all your Ventura Real Estate needs and Homes for Sale in Ventura!

Hope this information helps! For current real estate listings in Ventura County check out:

www.Venturahomesforsale.org

The market has been HOT and HEAVY for the last few weeks in the under $600,000 range. This weekend, for the first time in weeks, my cell phone didn't ring off the hook. Is the market turning again? Or did the weather just drive everyone elsewhere? Let's see what happens this week.

Lorraine