Are we at the bottom? Well it depends on who you talk to. There are some out there that say we have a year or two to go and those that think we have indeed hit the bottom. Zillow just reported that things have changed and are flatening out compared to last year. While this may not mean we are indeed appreciating again it may signal the start of the recovery...at least in our area.
Real Estate is very local and another 2-3 months of positive numbers will help me think we have indeed turned the corner...at least here locally.
If we have indeed hit bottom look for the deals to start becoming harder and harder to find as we are already seeing some REO's with multiple offers on them.The homes that are priced right will go quickly and the others will sit and sit...That hasn't really changed.
If you have been on the fence get PRE-APPROVED NOW. Even if you want to wait a couple months etc having your financing in order is key to making and striking a great deal BEFORE things start up again...One thing is for sure!! When most people think that the market is back then the "Deals" will evaporate in a VERY short amount of time!!
You can take that one to the bank...
To the last remaining "Deals" out there!
Rick Goates
ECO Broker
Redding Ca
96001
530-248-5627
Wow now this is one of the best deals I have seen to date in the Redding California real estate market. This impressive home is located in a gated Exclusive area outside or Redding only 12 minutes and was probably worth $700k a couple years back.
Now the bank owns it and is taking a huge hit!! I mean huge...They have a fire sale underway and are selling this beautiful custom home that is 3300+ sq.ft for only $438k....It's not a misprint, it is about $250-300k off the list price of a couple years ago.
WOW
The price is SO low that the bank wants all buyers to qualify or show proof of cash as they expect a ton of activity on this one.
If you want more details call or email me ( reddingbroker@gmail.com ) and leave your number and I will forward you all the info
The home is a 4/4 with OVER 3300 sq.ft in an EXCELLENT area!! For $438,000......
Regards,
Rick Goates
ECO Broker
Redding CA
530-248-5627
Call and ask for more info on the RH Bank owned home Fire sale today!
Home selling tips that will give the an excellent chance to get your home sold in this buyers market that we are currently in.
#1. Get your home on the internet!! This is CRITICAL...not just a good idea, but one of the most important tips and hence #1 on the list.
#2. Make sure you have at least 8 photos of your home on the MLS. If your home is listed with a Realtor then make sure they do their job and take 8-15 photos of the inside and outside.This is the #1 complaint of buyers in the market place-not enough photos.
#3. Make sure your home is priced RIGHT. It doesn't matter that the guy down the got 2 years ago!! If you think your home is worth more than the buyers out there, guess what?? You get to keep it!!
#4.Make sure the condition is excellent and that the home smells great...some vanilla or the like is a good smell that most all the people like.
The old way to sell real estate was to put it on the MLS and run some ads in the local paper and homes magazine.The new way is still the MLS as the bread and butter and then the internet and EVERYWHERE. Putting your home on just one site on the internet won't do it...You need to be ALL over the internet.
84% of the people (buyers) now go to the Internet to start their research-to find homes....
Fish where the fish are folks!!
Regards,
Rick Goates
ECO Broker
e-PRO Realtor
Keller Williams Realty
Redding
530-248-5627
The general public is hearing the terms a lot in the media this year...short sale this and short pay that but what does it really mean? The long and short of it (no pun intended) is this, if you owe more on your home than it is currently worth and can not make the payments you only have a limited number of options.
#1 You can come up with the money that you owe.
#2. You can sell the home for what it is worth and ask the bank to take less( Short sale)
#3. You can walk away and let the bank foreclose on the home (ruins your credit for up to 10 years!).
#4. You can file for Bankruptcy...might not be the best option (talk to your attorney on this one).
The short sale is not to be done by an inexperienced agent. The odds of getting one through go up with having an expert on your team to help you thru the process. It is a time consuming and stressful process so having someone that knows EXACTLY what to do is KEY here...
Don't delay another day if you can not make anymore payments AND know that you owe more on the property than it is worth! Time is of the essence and not doing anything is sure to lead to one thing...A foreclosure on your credit and your credit Ruined for up to 10 YEARS!!
We have an in house short sale specialist that can help you and will evaluate your current situation with no cost or obligation!
Call today....Don't forget about it or put it off...Do something that will help yourself out of this difficult situation!
Regards,
Rick Goates
Eco Broker
Keller Williams Realty
Redding Ca
530-248-5627
Are we at the bottom yet? This is a question that I am asked at least a couple times a month in the last year. Well I think we are very near and here is why.The lower priced homes are selling quicker and sometimes for full price on the ones that are priced right.
There are multiple offers almost every week on well priced REO's that the banks want to sell and are there again priced right.
Yes there are homes sitting month after month with little to no activity. What do all these homes have in common? They are ALL Over priced...that is what they have in common.Why do they sit month after month and have NO offers? They are overpriced that is the problem.
There are some subdivisions that have 4/5/6/10 homes for sale in the same subdivision.What do people do to get their home sold when they have SO much competition? Seller's who listen to their Realtor's advice stand the best chance to sell while the others sit month after month.
Picture a ball rolling down a hill with a slight slope to it...The ball rolls and rolls...you either chase the ball,always behind it, OR you get AHEAD of the ball and stop it....Get the idea?
Price it right and advertise it....They WILL come!! And if they don't? Then you know that you are off on the price and may need some help on the marketing...
If you want any info or help feel free to contact me...
Are we at the bottom?? Well if we are not there entirely I think we are getting pretty close with the activity picking up.We do need to work through the REO's and get them down before we actually hit the bottom but if you find your DREAM home now and plan on staying for 5+ years it really doesn't matter if it is the bottom or not.For those that want to wait (sit on the fence) my advice is to keep a REAL close eye on the Interest rates...Because waiting for the bottom might cost you a percent on your home loan when you do finally purchase!!
Regards,
Rick Goates
ECO Broker
Redding CA
96001
530-221-8850
http://www.inforedding.com
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Providing professional real estate services for the greater Redding California,Palo Cedro, Millville,and Bella Vista area's of far Northern California. Making the process of purchasing fun again!
25 years in Shasta County. I offer personalized one on one real estate services.Work directly with a Broker. As an ECO/e-PRO Broker Richard Goates is one of only a few e-PRO Brokers in our area trained to assist you and communicate with you via the internet. A quick effeicient response is what you can expect when working with one of the area's best Brokers! Local area knowledge. Product knowledge to find you what you want fast! I know the area. I know the best values and deals! I know the good areas from the average areas. Resale is important so don't forget that when purchasing a home!
I specialize in the Redding,Palo Cedro,Bella Vista and Millville area's of Shasta County California.I can help you with land,residential and commercial properties.No body knows the area better.25 years in Shasta County with the knowledge and enthusiasm to get the job done! I work with several developers and contractors that do Redding area development projects.Whether you are looking for a single family home or you are a developer looking to do a project in Redding or the surrounding area one call can take care of it all! Now with my ECO Broker Designation I can help you understand the environmental effects that pertain to real estate in our area of Shasta County in Northern California.
Rick was there every step of the way!
We watched Rick in action when he sold our home six months ago. He was the buyer’s agent. When it was time for us to buy another home, we knew who our Realtor would be ~ RICK GOATES!
Rick was there for us every step of the way. He is very dependable,
reliable and attentive. From helping us find a rental home to the closing
of our new home, he made sure everything was in place. He listened to what
we were looking for, and always watched out for our best interest. Rick
found us the house we were dreaming of. We are so happy in our new home.
Thank you, Rick.
When you’re ready to buy or sell a home call Rick Goates. You’ll be glad
you did!
Mr. Rich and Janine B.
He listened to our needs
Rick took great care of us. He listened to our needs and showed us enough homes so that we felt we were not missing any. He negotiated an excellent deal for us and made the whole process go smoothly. We highly recommend him!
"M/M Jose O."
Rick Goates is an Enigma
Rick Goates is an enigma - in a world of declining ethics and easily broken promises, Rick shines by being everything he claims to be and seeing through to completion everything he commits to. Then he goes a mile, two, and even
farther, to make sure his clients are happy and genuinely satisfied with his service. Gosh, what a rarity! How could someone with such integrity help but become not only our valued real estate agent but our treasured friend as well! Shucks, we like him and his beautiful family so well, we bought a house in the same neighborhood! (Well, it just happened to work out that way
really, but, heck, we moved in already knowing we had at least one GREAT neighbor! :-)
Thanks, Rick, for the superior service helping us find the "perfect" home, for your continued friendship, and for trusting us enough to mention that there was a house available on the same street as yours (sounds like a potential setup for a realtor's worst nightmare! - but we'll never give you cause to lose sleep over it...we promise ;-) ).
With fond regards, Robert & Sheree Christian
Excellent service
You can absolutely feel confident in the quality of your work and service to clients.
Erica P.
He got it done
We hired Rick to sell our land and he did an excellent job. It was really a tough transaction and took longer that it was supposed to because the buyers switched lenders. Rick followed thru and got it to close. We are very thankful and recommend him to anyone!
David and Chris C.
He made it so easy!
We were first time home sellers and had lot's of questions. Rick helped us through the whole thing and kept in contact with us. He kept us informed on what was happening and followed up. We would recommend him to anyone looking for a home in Shasta County
Sam and Alice P.
Rick did a wonderful job for us!
Rick did a wonderful job for us. We found a beautiful horse property and the deal would not have closed without Rick's extra effort and attention to the details. Thanks Rick!
Richard & Joyce S.
Rick made it easy!
Rick found us the perfect house for our needs, and in our price range. He also put us in touch with some good people who helped our transaction go smoothly and quickly. We relocated back to Redding, from Merced. Rick was MORE than helpful at both ends. We are extremely satisfied with his way of doing business, and recommend him highly to everyone looking to buy or sell. We owe him a lot. He made, what could have been quite difficult, very easy. If we didn't call him, he called us. It didn't matter when or where he was, even boarding a business flight out of town, Rich took the time to call us and make sure we were doing alright. Don't bother looking for anyone else, we promise you Rick is more than qualified, and goes out of his way to do the best he can for your needs. THANK YOU RICK!
Your friends, Butch and Tish T.
The Results Realtor
He did exactly what he said he was going to do!
Mr. and Mrs. Quindy
We couldn't have done it without him!
After 6 months of trying to sell our home ourselves we were getting very disappointed when we came across Rick. We were hesitant about Realtor's but Rick sounded different. He sure was, he wasn't high pressure and did exactly what he said he would do! He got it sold right away and allowed us to move on.
Becky T.
Working harder
Rick took the time to show us what we wanted when we needed to see it...That is priceless...He worked around our busy schedules.
Mr & Mrs Robertson
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