Chris M.T. Bodden RA,CDPE- www.BoddenRealEstate.com

Have you seen this guy?

There is a very good chance that you have and don't even know it. He is on the verge of foreclosure and possibly just one bad month away from losing his home. He is not alone because in the US the total number of delinquencies is over 13%. This means that a little over 1 out of every 10 people are late on their mortgage. To break down this 13% further, 8.86% of homeowners are delinquent on their mortgage (missed a payment) and 4.3% of homeowners are in foreclosure. This is a HUGE number of homeowners who need help.

Another very mind boggling statistic is that 7 out of 10 homeowners who are in foreclosure go in blind and do not seek any advice from a real estate professional. As a Certified Distressed Property Expert (CDPE) I have been trained to help homeowners avoid foreclosure and to show them that they still have options.

Even if you owe more on your home then it is worth there are a number of things that can be done to HELP YOU! The banks do not want to foreclose on your home any more then you want to lose your home it costs them thousands of dollars and months on end to go through the foreclosure process.

If you or someone that you know is in foreclosure, on the verge of being late on your mortgage, owes more on your home then it is worth, or just wants some further information, contact me today. As a CDPE I have the knowledge and expertise to help you avoid foreclosure.

Chris M.T. Bodden (RA, CDPE)

*Statistics provided by the Distressed Property Institute.

The Ocean Pointe neighborhood of Ewa Beach, Hawaii has 5 distinct town home neighborhoods, Ke Noho Kai, Ke Aina Kai, Mariners Place, Spinnaker Place, and Fairways Edge. The units are all 2-3 bedrooms and bathrooms, starting at 823 square feet and going up to 1470 with prices starting at $199,000 up to $578,990. The vast majority of the units have 3 bedrooms 2.5 baths, range in size from 1000 - just under 1200 square feet, with prices in the high $200,000 up to the mid $300,000 range (With the exception of Mariners Place which is priced in the low to mid $200,000's).

To review the activity in the last few months (7/15/2009 - 10/15/2009), there was a total of 16 sales, 8 contracts pending which will be closed in the near future, 16 contracts currently in escrow, and 26 properties actively on the market. This is great news and shows tremendous activity and movement in the market.

To Search all listings in Honolulu County go to www.SearchHawaiiProperties.com

Mahalo

Chris M.T. Bodden, RA, CDPE

www.BoddenRealEstate.com

I recently had a client that I represented as the buyers agent...we looked at properties for months, put in offers and finally got one under contract. Luckily it was the best one that we had looked and an absolute steal. Everything went well through the transaction except when we got the appraised value (VA Loan), which ended up being $10k short. At first I thought it wasn't a big deal and $10k didn't seem like much when the property is valued at more then $500k, but it sure is ending up to be a HUGE headache. The main problem is that the property is one of the nicest in the neighborhood and there are a number of back up offers in place behind ours...That $10k is the credit that we were getting from the sellers for closing costs and the buyers don't want to dish out any more cash. Seems like we may be stuck between a rock and a hard place!

Best of all the only comps that the appraiser can use have 1 bedroom and bathroom less than the subject property! Just one of the many bumps in the road in the Real Estate industry...

There is a rumor of a very bad computer virus that will be going around for April fools, so make sure that you don't become a victim. Here is the article:

By the Associated Press

SAN FRANCISCO - The Conficker worm, a nasty computer infection that has poisoned millions of PCs, will start ramping up its efforts tomorrow to use those machines for cybercrimes. It's unclear whether everyday PC users will even notice, but this is as good an excuse as any to make sure your computer is clean.

There are some easy ways to figure out whether a computer has the Conficker worm, and free tools available for getting rid of it.

One scary thing about Conficker is that it spreads without human involvement, moving from PC to PC by exploiting a security hole in Microsoft Corp.'s Windows operating system. The hole was fixed in October, but if your computer doesn't get automatic updates from Microsoft, you could be vulnerable.

Lots of computer worms disable antivirus software outright, which can be a tip-off that something is wrong. But Conficker doesn't do that. Instead, Conficker blocks infected PCs from accessing the antivirus vendors' and Microsoft's Web sites, so victims won't get automatic updates a nd can't download the Conficker removal tools that those companies have developed.

So see what Web sites you can visit. If you can navigate the Internet freely except for sites owned by Microsoft or antivirus vendors such as Symantec Corp., McAfee Inc. or F-Secure Corp., your PC might have Conficker or a similar bug.

Fixing the problem gets a little trickier.

The best remedy is to have a friend - whose computer is not infected - download a removal tool from Microsoft or one of the antivirus vendors. Then that person should e-mail the tool to you.

A list of the free Conficker removal programs is available on the Web site of the Conficker Working Group, an alliance of companies fighting the worm. The removal programs will take care of themselves, for the most part, scanning your system and purging the worm.

One thing to note: Conficker blocks infected machines from running removal tools with "Conficker" in the name. So users might have to change the name of the file (one you've saved the tool to your desktop, right-click on it and select "rename") before running it. The program's instructions will let you know if you need to do this. Many antivirus vendors have already changed the names in their removal tools - in some cases calling the file a misspelled variant of "Conficker" - to trick the worm into letting the program run.

Businesses have a bigger challenge, because Conficker has yet another method for evading de tection. Once the worm is inside a machine, it applies its own version of the Microsoft patch that fixes the vulnerability Conficker exploited in the first place. So a business running a standard network scan, looking for unpatched machines, might come up empty-handed, even though some computers on the network are infected.

The scans need to take a deeper dive into the machines on the network - something an antivirus vendor's service should enable. For government agencies, contractors and operators of critical infrastructure, the Department of Homeland Security also has released a network-detection tool for Conficker.

On the Net:

List of Conficker removal programs:

http://www.confickerworkinggroup.org/wiki/pmwiki.php?nANY.RepairToo ls

Homeland Security's announcement of its detection tool:

http://tinyurl.com/c3petb