Fremont Real Estate Blog

These properties were foreclosed on 8/31/2011 at the Alameda courthouse and will become future REO and Flips for sale in Fremont, Newark, Union City, Hayward, and other parts of the Alameda County. If you are interested in buying these let us know. cid:image002.png@01CC66EB.6E0634F0 SUNIL SETHI REAL ESTATE Helping Families Find Homes with Great Schools. DRE #01173766, #01729474 < http://www.yelp.com/biz/sunil-sethi-real-estate-fremont > Love Us on Yelp! < https://www.facebook.com/#!/pages/SUNIL-SETHI-REAL-ESTATE/107594412601679 > Like Us on Facebook < http://fremontrealestate.blogspot.com/ > Follow Us at Fremont Real Estate Blog < http://www.sunilsethi.com/index.htm > 2011 Reader's Choice Best of Fremont Realtor < http://www.sunilsethi.com/property_search.htm > Property Search | < http://www.sunilsethi.com/featured_listing.htm > Featured Listing | < http://www.sunilsethi.com/neighborhoods.htm > Neighborhoods | < http://www.sun

These properties were foreclosed on 8/29/2011 at the Alameda courthouse and will become future REO and Flips for sale in Fremont, Newark, Union City, Hayward, and other parts of the Alameda County. If you are interested in buying these let us know. SUNIL SETHI REAL ESTATE Helping Families Find Homes with Great Schools. DRE #01173766, #01729474 < http://www.yelp.com/biz/sunil-sethi-real-estate-fremont > Love Us on Yelp! < https://www.facebook.com/#!/pages/SUNIL-SETHI-REAL-ESTATE/107594412601679 > Like Us on Facebook < http://fremontrealestate.blogspot.com/ > Follow Us at Fremont Real Estate Blog < http://www.sunilsethi.com/index.htm > 2011 Reader's Choice Best of Fremont Realtor < http://www.sunilsethi.com/property_search.htm > Property Search | < http://www.sunilsethi.com/featured_listing.htm > Featured Listing | < http://www.sunilsethi.com/neighborhoods.htm > Neighborhoods | < http://www.sunilsethi.com/yourhomesvalue.htm >

< http://dsnews.us1.list-manage.com/track/click?u=59816bad6939d5a7dd87e45a5&i d=391f8269b9&e=ebe71b748c > S&P/Experian: Default Rates Decline Monthly and Annually Default rates on both first and second mortgages declined in July, according to the S&P/Experian Consumer Credit Default Indices. Second mortgage defaults decreased from 1.4 percent in June to 1.25 percent. The first mortgage default rate for the month of July was 1.93 percent, down from 2.02 percent the previous month. Both measurements also declined from a year earlier. S&P says July's data support the downward trend the company has observed over the past two years. < http://dsnews.us1.list-manage.com/track/click?u=59816bad6939d5a7dd87e45a5&i d=4ecad16141&e=ebe71b748c > > Read More -sunil SUNIL SETHI REAL ESTATE Sunil Sethi / Broker, President, REALTOR, MBA, CPA (inactive) 38750 Paseo Padre Pkwy Suite B3 / Fremont, CA 94536 < http://www.sunilsethi.com/ > www.sunilsethi.

These were turned into flips and REOS yesterday. Quite a number in Newark, Union City and Dublin. None in Fremont. There were fewer foreclosures beginning of the week, but more at the end. -sunil SUNIL SETHI REAL ESTATE Sunil Sethi / Broker, President, REALTOR, MBA, CPA (inactive) 38750 Paseo Padre Pkwy Suite B3 / Fremont, CA 94536 < http://www.sunilsethi.com/ > www.sunilsethi.com CA DRE#: 01173766

From DS news: < http://dsnews.us1.list-manage1.com/track/click?u=59816bad6939d5a7dd87e45a5& id=f4b4460e0f&e=ebe71b748c > Government Officials Weigh New Refi Program Word on the street is the administration is sizing up a new program that would provide millions of homeowners with new, lower interest, lower payment mortgages. The initiative would reportedly allow borrowers with loans backed by Fannie Mae and Freddie Mac to refinance at today's rates, even if they are in negative equity or have bad marks on their credit. Two Columbia business professors say such a move would save homeowners an average of $350 a month and pump an extra $118 billion into the economy. < http://dsnews.us1.list-manage.com/track/click?u=59816bad6939d5a7dd87e45a5&i d=dbf9e444eb&e=ebe71b748c > > Read More -sunil SUNIL SETHI REAL ESTATE Sunil Sethi / Broker, President, REALTOR, MBA, CPA (inactive) 38750 Paseo Padre Pkwy Suite B3 / Fremont, CA 94536 < http://www.sunilsethi.

There were quite a lot of homes sold today at the courthouse. 11 flip properties. -sunil SUNIL SETHI REAL ESTATE Sunil Sethi / Broker, President, REALTOR, MBA, CPA (inactive) 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=3b537e91da&e=ebe71b748c > Industry's Shadow Inventory of Distressed Homes Shrinks Housing has become an industry afraid of its shadows. That shadow inventory of repossessed and soon-to-be repossessed homes has professionals from every side of the business worried about the impact such a sizeable volume of distress will have on property values and overall market fundamentals. But according to Standard & Poor's, the obscurity hiding in the corner is getting smaller. The agency's current estimate of time-to-clear the market's distress is 47 months. That represents a five-month decline from its first-quarter estimate. < http://dsnews.us1.list-manage1.com/track/click?u=59816bad6939d5a7dd87e45a5& id=cf6bb2cd5c&e=ebe71b748c > > Read More -sunil SUNIL SETHI REAL ESTATE Sunil Sethi / Broker, President, REALTOR, MBA, CPA (inactive) 38750 Paseo Padre Pkwy Suite B3 /

Some new foreclosures sold in fremont, newark, dublin and union city. -sunil SUNIL SETHI REAL ESTATE Sunil Sethi / Broker, President, REALTOR, MBA, CPA (inactive) 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=1384c9d3c8&e=ebe71b748c > Mortgage Rates Plunge to Lowest Level in Over Five Decades Investors' growing appetite for the safety of U.S. Treasury bonds in the wake of European debt troubles and a stagnant economic recovery here in the U.S. has driven mortgage interest rates to their lowest level in over 50 years. Freddie Mac says both fixed- and adjustable-rate mortgages have reached all-time record lows, providing further incentive for homeowners looking to refinance. By the GSE's assessment, the 30-year rate is now averaging 4.15 percent and the 15-year rate is at 3.36 percent. < http://dsnews.us1.list-manage.com/track/click?u=59816bad6939d5a7dd87e45a5&i d=98d6eb323f&e=ebe71b748c > > Read More -sunil SUNIL SETHI REAL ESTATE Sunil Sethi / Broker, President, REALTOR, MBA, CPA (inactive) 38750 Paseo Padre Pkwy Suite B3 / Fremont, CA 94536 Cell 510 388 2436 / Fax 510 431

Here’s a good article from CAR about short sales.  Sunil and I have successfully closed multiple short sales this year and the key was that we educated the buyer up front about the process and they had to be patient.   -Steven Fong   Realtor       For anyone who has braved the housing market in the past four years, short sales have become synonymous with high risk and high reward. But with so many discounted properties on the market today, are they really worth a buyer's trouble? Maybe -- if you have a lot of time and a strong stomach.   Unlike foreclosures, in which the owner has walked away and the bank is looking to unload a vacant -- and sometimes, vandalized -- property, a short sale isn't a distressed home that will sell at a rock bottom price. The homeowner is underwater (meaning he owes more on his mortgage than the property is worth), and he has a financial hardship such as a job loss. But to limit the damage to his credit rating, he has agreed to stay in the house (

Today's 5 new REO's and 1 new flip. -sunil SUNIL SETHI REAL ESTATE Sunil Sethi / Broker, President, REALTOR, MBA, CPA (inactive) 38750 Paseo Padre Pkwy Suite B3 / Fremont, CA 94536 Cell 510 388 2436 / Fax 510 431 9046 < http://www.sunilsethi.com/ > www.sunilsethi.com CA DRE#: 01173766

< http://www.linkedin.com/e/smq9ug-grg98lea-c/nab/705814164/0MdzANcPASc3sIdzc RejkSdP0Tb3AVczoNd3sMdOMQdz4QcjwRc3sIdjgNcPsMdP0T/true/weekly/eml-tod-b-pic- 44/ > http://media.linkedin.com/media-proxy/ext?w=75&h=250&hash=9tEn3CcJl5OwgWyE3Y 57D14P9Vk%3D&url=http%3A%2F%2Fi2.cdn.turner.com%2Fmoney%2F2011%2F08%2F16%2Fr eal_estate%2Fbuy_rent%2Fhome-sales.01.jpg < http://www.linkedin.com/e/smq9ug-grg98lea-c/nab/705814164/0MdzANcPASc3sIdzc RejkSdP0Tb3AVczoNd3sMdOMQdz4QcjwRc3sIdjgNcPsMdP0T/true/weekly/eml-tod-b-ttle -44/ > Buying is cheaper than renting in most U.S. cities - money.cnn.com According to real estate web site Trulia, buying was cheaper than renting in 74% of the country's 50 largest cities in July. < http://www.linkedin.com/e/smq9ug-grg98lea-c/nab/705814164/0MdzANcPASc3sIdzc RejkSdP0Tb3AVczoNd3sMdOMQdz4QcjwRc3sIdjgNcPsMdP0T/true/weekly/eml-tod-b-all- 44/ > Read full story -sunil SUNIL SETHI REAL ESTATE Sunil Sethi / Broker, President, REALT

Positive news from Rick La Plante at New Haven Unified.  The reading and writing programs, Critical Literacy and Writer’s Workshop, that New Haven Unified has adopted seem to be paying off.  These programs guide the students in thinking about subjects at a higher level.  They provide them with the opportunity to build on their thoughts and ideas, rather than simply having a “right” or “wrong” answer and ending it there.  As a result, the students get to learn collectively and become part of the learning process to improve their responses.      -Steven Fong    Realtor     TEST SCORES SHOW CONTINUED PROGRESS   UNION CITY (Monday, Aug. 15, 2011) – More New Haven Unified School District students are “advanced” and fewer are “far below basic” according to results of standardized tests taken during the 2010-11 school year. According to STAR (Standardized Testing and Results) information released today by the California Department of Education, 25.1 percent of New Haven students scored “adva

Come out this weekend to support New Haven Unified School District’s Stuff the Bus Event and grab a bite to eat.   -Steven Fong     Realtor     From Rick La Plante Director, Parent & Community Relations New Haven Unified School District   FOOD TRUCKS JOIN THE FUN FOR ‘STUFF THE BUS’ EVENT THIS WEEKEND   UNION CITY (Thursday, Aug. 11, 2011) – A “Gourmet Food Truck Festival” that has won the favor of hundreds of local residents this summer will be part of the fun this weekend when the Union Landing Walmart hosts its second annual “Stuff the Bus” event to collect back-to-school supplies for New Haven Unified School District students.   New Haven and Hayward Unified buses will be parked outside the Union Landing Walmart from Friday through Sunday, and shoppers will be invited to purchase items from a list of school supplies and “stuff the bus” with donations for students. Donation bins will be available 24 hours a day. Volunteers from the Union City Lions Club, Rotaract of Fremont, th

Today's new foreclosure REOs and flips from Alameda county. -sunil SUNIL SETHI REAL ESTATE Sunil Sethi / Broker, President, REALTOR, MBA, CPA (inactive) 38750 Paseo Padre Pkwy Suite B3 / Fremont, CA 94536 < http://www.sunilsethi.com/ > www.sunilsethi.com CA DRE#: 01173766

Where are these homes? Where is the concentrations? < http://dsnews.us1.list-manage.com/track/click?u=59816bad6939d5a7dd87e45a5&i d=de1a825983&e=ebe71b748c > Administration: Investors Wanted to Rent out Government REOs The Obama administration is setting the stage for a public-private collaboration to tackle the growing inventory of REO homes. On Wednesday, federal officials called on private investors and industry stakeholders to share their recommendations on how best to dispose of foreclosed homes held by Fannie Mae, Freddie Mac, and FHA. Together, the three hold nearly 250,000 REO homes. Federal officials believe the most effective tactic is to sell off pools of properties to responsible investors who will employ an REO-to-rental strategy. < http://dsnews.us1.list-manage.com/track/click?u=59816bad6939d5a7dd87e45a5&i d=b0bdd6b6a5&e=ebe71b748c > > Read More -sunil SUNIL SETHI REAL ESTATE Sunil Sethi / Broker, President, REALTOR, MBA, CPA (inactive) 38

These homes were foreclosed on 8/8/11 and will become flips and REO homes of tomorrow. # homes were located in Fremont. -sunil SUNIL SETHI REAL ESTATE Sunil Sethi / Broker, President, REALTOR, MBA, CPA (inactive) 38750 Paseo Padre Pkwy Suite B3 / Fremont, CA 94536 < http://www.sunilsethi.com/ > www.sunilsethi.com CA DRE#: 01173766

Most interesting property will b 982 Sundance Dr. Huge home in Southern Fremont. -sunil SUNIL SETHI REAL ESTATE Sunil Sethi / Broker, President, REALTOR, MBA, CPA (inactive) 38750 Paseo Padre Pkwy Suite B3 / Fremont, CA 94536 Cell 510 388 2436 / Fax 510 431 9046 < http://www.sunilsethi.com/ > www.sunilsethi.com CA DRE#: 01173766