Stephanie Greenberg Fresno Homes For Sale

Appriasals in Fresno CA - It is just one person's opinion!

My husband just passed his real estate exam and is waiting for his license to come in. I have been having him do odds and ends for me so he learns the business. I have a new escrow for buyers who are getting a FHA loan on a flip property so there has to be two appraisals. I made the appointments with both apparisaers and asked my husband to open up the property for both appraisers. He told the appriasers that he was new and waiting for his license and asked them if they minded if he followed and took notes. The only thing I asked of him was ask the appriaser if there are any conditions. First apprasier called out 2 items, second appraiser called out 2 different items. I was concnerned that the heater did not work and the first appraiser said it goes on and that is all that FHA requires the second said it goes on but has to work also. Luckily it was something I had mentioned to the seller prior so they were in the process of fixing anyways.

So just to confirm, everyone reads values, conditions, etc different. Be on your toes and be aware of market conditions. When buying in Fresno CA, please call us with any questions.

Top Ten Mistakes Homeowners Make When Facing Foreclosure in Fresno, CA

1. Fail to educate themselves regarding their rights and options.

2. Avoid their mortgage company and do not return phone calls.

3. Allow feelings of fear or hopelessness to prevent them from taking action.

4. Procrastinate until their options are gone.

5. Make decisions based on emotions instead of facts and proper education.

6. Pay for fee-based education or counsel.

7. Refuse to accept the reality and urgency of their situation.

8. Turn to unregulated real estate investors for help.

9. Follow advice from friends or family that leads them down the wrong path.

10. Fail to seek professional advice from a specialist.

If you are facing foreclosure in Fresno, CA, please contact me for a complimentary consultation.

Free Homeowner Guide

I know we read alot on the internet when reading about the foreclosure process. Here is California we are a non-judicial state. Below is the difference for your refrence.

Two Different Systems: Judicial and Non-Judicial

Judicial Process Non-Judicial Process

Some states use both processes, depending on the way the mortgage was written. We encourage you to become familiar with the statutes and procedures for your own state.

Need more information? Click here to get your FREE homeowners guide.

All Parties Can Benefit from a Short Sale

Buying a short sale property can be a good deal to all parties involved. The bank benefits by not having to complete a costly foreclosure process, then having to maintain, insure, and sell–or auction–the property at an amount that is usually less than the amount received through a short sale. The homeowner is completely freed from the burden of an unsustainable mortgage with far less damage to their credit. The short sale allows them to purchase another home in 2-3 years–instead of 5-7 years compared to foreclosure.

The buyer is able to purchase a great home at a great price. Most short sale listings can be successfully purchased at an 3-5 percent discount in most markets, which is oftentimes a better discount than buying bank-owned–REO–listings. When compared to bank-owned listings, the majority of homes being sold as a short sale are owner-occupied. This means there is a greater probability the home will be in move-in condition after closing.

Thinking of buying a short sale in Fresno cA/ Give me a call and I would be happy to help you! To receive your Free Homeowner Guide Click Here!