Fremont Real Estate Blog

< http://dsnews.us1.list-manage.com/track/click?u=59816bad6939d5a7dd87e45a5&i d=8f0e5a7382&e=ebe71b748c > ZipRealty Report Shows Homes Selling for Above Asking Price Third quarter home sales were exactly vigorous, but, according to ZipRealty's Quarterly Home Hunter Report, Q3 home sales in upscale and starter communities were more robust than they have been in many months. The Greater Grand Crossing neighborhood in Chicago, Illinois was the country's "hottest" ZIP code last quarter, measured by how far above the average list price homes are going for. California claimed five of the nation's hottest ZIPs in the study. SUNIL SETHI REAL ESTATE Sunil Sethi / Broker, President, REALTOR, MBA / SUNIL SETHI REAL ESTATE 38750 Paseo Padre Pkwy Suite B3 / Fremont, CA 94536 < http://www.sunilsethi.com/ > www.sunilsethi.com CA DRE#: 01173766

< http://dsnews.us1.list-manage.com/track/click?u=59816bad6939d5a7dd87e45a5&i d=89a2d6e76d&e=ebe71b748c > Long-Term Mortgage Interest Rates Edge Higher Mortgage rates are still incredibly low by historical standards. They've been fluctuating around record lows not seen in more than a half-century for a good many months now. This week was one where that movement was upward, according to industry data released Thursday. A nationwide survey conducted by Freddie Mac found that 30-year fixed-rate mortgages rose to 4.23 percent, while 15-year rates edged up to 3.66 percent. Bankrate reports that the larger jumbo 30-year fixed rate reversed last week's decline, returning to 5.10 percent. SUNIL SETHI REAL ESTATE Sunil Sethi / Broker, President, REALTOR, MBA / SUNIL SETHI REAL ESTATE 38750 Paseo Padre Pkwy Suite B3 / Fremont, CA 94536 < http://www.sunilsethi.com/ > www.sunilsethi.com CA DRE#: 01173766

PRESS RELEASE Date 10/25/10 New Haven Unified Dictionary Drive 2010 - Over 900 Dictionaries & Thesauruses Delivered A local real estate agent trying to drive up home values in Union City, donates over 900 Dictionaries & Thesauruses to every 3rd grader in New Haven Unified School District this year. This is the fifth year, Sunil Sethi, broker/owner of Sunil Sethi Real Estate has taken responsibility to donate dictionaries to all the 3rd graders in the school district covering all of Union City and part of South Hayward. Mr. Sethi, got involved with the program because he liked that it showed REALTORS are interested in improving the performance of local schools and when that happens home prices rise. When I first met with Rick LaPlante over at New Haven Unified 5 years ago, I was bit nervous taking on the responsibility to find sponsors to find dictionaries for all the kids. Each year it has become harder to find sponsors. This year, I had only 3 co-sponsors, the Fremont El

LOCAL REAL ESTATE AGENT SUPPLIES DICTIONARIES, THESAURUSES TO ALL THIRD-GRADERS UNION CITY (Thursday, Oct. 21, 2010) – As he has for the past four years, a local real estate agent is making certain that every third-grade student in the New Haven Unified School District has a dictionary. And this year, recalling his own school experience, Sunil Sethi is supplying the students with thesauruses, too. With help from a handful of partners, Mr. Sethi purchased more than 900 dictionaries and thesauruses that he will deliver Friday to students at each of New Haven Unified's seven elementary schools. "We've upgraded the dictionaries this year," Mr. Sethi said, "and I decided to buy thesauruses, too, because I remembered how helpful they were when I was in school and just starting to write essays." "I also wanted to reward the students for raising the District's standardized test scores again," Mr. Sethi said with a smile, "because that helps home

RE/MAX Predicts Increased Home Sales in Coming Months According to RE/MAX's monthly report, the housing market is attempting to return to traditional seasonal trends after a slow summer following the spring rush to qualify for the government's homebuyer tax credit. September sales were 6.4 percent below those in August and 20.6 percent below sales in September 2009, but RE/MAX officials say they are encouraged by reports of signed contracts in the field, which should translate into increased home sales in the months ahead.   SUNIL SETHI REAL ESTATE Sunil Sethi / Broker, President, REALTOR, MBA / SUNIL SETHI  REAL ESTATE 38750 Paseo Padre Pkwy Suite B3 / Fremont, CA 94536 www.sunilsethi.com    CA DRE#: 01173766  

Chase, and others did this 1-2 years ago, now bank of America is following suit. BofA's new way to delay the economic recovery Bank of America (BofA) has announced it will bow out of the wholesale mortgage lending business, confining its funding to...   SUNIL SETHI REAL ESTATE Sunil Sethi / Broker, President, REALTOR, MBA / SUNIL SETHI  REAL ESTATE 38750 Paseo Padre Pkwy Suite B3 / Fremont, CA 94536 www.sunilsethi.com    CA DRE#: 01173766  

Bank of America Loses $7.3 Billion in Third Quarter Bank of America said Tuesday that it lost $7.3 billion during the three-month period ending in September. The company attributed the deficit to new financial reform regulations related to credit and debit card payments. On the mortgage side of its business, though, the company is seeing improvements. Mortgage banking income jumped 95 percent last quarter, the ratio of nonperforming loans and assets declined, and no sizeable losses are expected from the company's foreclosure suspension and affidavit problems.   SUNIL SETHI REAL ESTATE Sunil Sethi / Broker, President, REALTOR, MBA / SUNIL SETHI  REAL ESTATE 38750 Paseo Padre Pkwy Suite B3 / Fremont, CA 94536 www.sunilsethi.com    CA DRE#: 01173766  

Countrywide's Former Chief Mozilo Settles SEC Charges for $67.5M The co-founder of what was once the largest, most lucrative subprime lender in the country has agreed to pay a total of $67.5 million to settle allegations of fraud. Former Countrywide chief Angelo Mozilo will pay the SEC a $22.5 million penalty to settle charges that he misled investors about the risk associated with Countrywide's business. Mozilo will also pay $45 million to settle insider trading charges. He has been permanently barred from serving as an officer of a publicly traded company.   SUNIL SETHI REAL ESTATE Sunil Sethi / Broker, President, REALTOR, MBA / SUNIL SETHI  REAL ESTATE 38750 Paseo Padre Pkwy Suite B3 / Fremont, CA 94536 www.sunilsethi.com    CA DRE#: 01173766  

This was announced last week: B of A Indemnifies Title Insurer   More from the B of A foreclosure debacle : Fidelity National Financial has agreed to issue title insurance policies on the bank’s REOs in exchange for B of A’s agreement to indemnify the insurer should the title in question be challenged due to any deficiencies in foreclosure processing practices. Under the agreement Fidelity would defend the new homeowner in court over any title challenge and B of A would pay any costs and any   ordered damages to the previous owner.     SUNIL SETHI REAL ESTATE Sunil Sethi / Broker, President, REALTOR, MBA / SUNIL SETHI  REAL ESTATE 38750 Paseo Padre Pkwy Suite B3 / Fremont, CA 94536 www.sunilsethi.com    CA DRE#: 01173766  

Mortgage Rates Drop Yet Again to New Lows The last time rates for 30-year mortgages were as low as they are now was in April 1951. Thirty-year fixed-rate mortgages have been under 5 percent for 23 weeks in a row, according to data gathered by Freddie Mac. This week, the GSE reports that the average 30-year rate fell again to break the survey's all-time low, hitting 4.19 percent. The 15-year fixed rate also averaged a record low of 3.62 percent.   SUNIL SETHI REAL ESTATE Sunil Sethi / Broker, President, REALTOR, MBA / SUNIL SETHI  REAL ESTATE 38750 Paseo Padre Pkwy Suite B3 / Fremont, CA 94536 www.sunilsethi.com    CA DRE#: 01173766  

  Good Morning, Sunil's Blog October 16th, 2010 This is your Listingbook Morning Report compliments of SUNIL SETHI . Provided by SUNIL SETHI - DRE #01173766. If you have questions about your morning report, please contact me at (510) 388-2436 View Morning Report online Login to Listingbook   Yesterday's Home Finder Activity New or changed properties that meet your search criteria 8 New Listings (Residential) 41704 Murphy Place Mission San Jose $1,248,000 View Property Details   792 Nandina Ct Mission Fremont $899,950 View Property Details   43694 Skye Rd Inverness $949,000 View Property Details   48961 Tonalea St Warm Springs $760,000 View Property Details   1609 Quintana Gomes $838,000 View Property Details   48854 Crown Ridge Cmn Ponderosa Hts $1,725,000 View Property Details   46330 Klamath Street Fremont Hills $999,888 View Property Details   46940 Aloe Ct Fremont Hill

Sunil Sethi | SUNIL SETHI REAL ESTATE | (510) 200-0505 5058 Yellowstone Park Dr, Fremont, CA Remodeled and priced to sell fast in Fremont 3BR/2BA Single Family House offered at $475,000 Year Built 1962 Sq Footage 1,736 Bedrooms 3 Bathrooms 2 full, 0 partial Floors 1 Parking 2 Car garage Lot Size 5,700 sqft HOA/Maint $0 per month DESCRIPTION Regular sale, not an REO or Short Sale. Built in 1962. 3 Bedrooms and 2 Baths (originally a 4 bedroom/ 2 bath - wall between 2 bedrooms was removed to create one large bedroom). New interior paint, wood flooring refinished, bathrooms remodeled. Great room created when wall between living and family room was removed. Private front Italian style yard to enjoy a cup of tea or coffee. Conveniences include: Costco, Lowes, Restaurants, New Park Mall, Lake Elizabeth, Fremont Bart, Access to South Bay, Hwy 880 and 680. Open House Oct. 16 & 17 from 2-4pm

  Good Morning, Sunil's Blog October 15th, 2010 This is your Listingbook Morning Report compliments of SUNIL SETHI . Provided by SUNIL SETHI - DRE #01173766. If you have questions about your morning report, please contact me at (510) 388-2436 View Morning Report online Login to Listingbook   Yesterday's Home Finder Activity New or changed properties that meet your search criteria 16 New Listings (Residential) 4768 Versailles Park Ct Irvington $559,000 View Property Details   150 Marybeth Ct Warm Springs $999,980 View Property Details   46890 Rancho Higuera $2,788,000 View Property Details   46940 Aloe Ct Fremont Hills $1,039,888 View Property Details   4085 Stanley Ave Irvington $649,950 View Property Details   38880 Judie Way Glen Manor $599,950 (+$950) View Property Details   1657 Walden Ct. Fremont $982,000 View Property Details   1425 Salamanca Ct Mission $1,050,000 Vi

  Good Morning, Sunil's Blog October 14th, 2010 This is your Listingbook Morning Report compliments of SUNIL SETHI . Provided by SUNIL SETHI - DRE #01173766. If you have questions about your morning report, please contact me at (510) 388-2436 View Morning Report online Login to Listingbook   Unlock The Power Of Listingbook Take a quick tour of the features and services that make buying or selling property easier than ever before. To learn about new features and services that make finding your dream home easier than ever before, click the link below. View the Listingbook Guide   Yesterday's Home Finder Activity New or changed properties that meet your search criteria 10 New Listings (Residential) 241 Spetti Drive Rosewood Area $559,888 View Property Details   4372 Gibraltar Dr Westridge $449,999 View Property Details   4536 Renato Ct Alameda $455,000 View Property Details   38880