Fremont Real Estate Blog

Congress is working on a bill to eliminate HVCC, but Frank and Brian are right that enough it HVCC is eliminated something else will replace and it should. TBWS - Video Marketing and Mortgage News Designed for Mortgage and Real Estate Sales -sunil

Sellers who over price are forced to due price reductions. I was touring with a buyer yesterday and viewed a property that had come on the market the same time as my listing of 35586 Rockland Ct, Fremont . Well all the visitors that had seen this other listing said it didn’t show well and was overpriced. So its no surprise that, that property still has no buyer. Had the property been cleaned, given a new paint job and the major broken item repaired it would have been in escrow like my property, and selling for more than asking. According to a study by Zip Realty homes did fewer price drops in November vs. October. During this period national average list prices declined. I’ve found that if you price according to current sales, and present the house in its best light, you will sell the home, in 15 days or less and for a price higher than recent comps. More about the price reduction article here: http://www.dsnews.com/articles/fewer-home-sellers-are-cutting-prices-ziprealty-2009-12-08

Sunil Sethi SUNIL SETHI REAL ESTATE 510-388-2436 1404 Xavier Ave, Hayward, CA Beautifully refreshed Large Hayward Home Near Southland Mall 4BR/3BA Single Family House offered at $480,000 Year Built 1979 Sq Footage 2,249 Bedrooms 4 Bathrooms 3 full, 0 partial Floors 2 Parking 2 Car garage Lot Size 5,250 sqft HOA/Maint $0 per month DESCRIPTION Regular Sale - (not REO or Short sale) Move-in condition, with new paint inside, new flooring, new baseboards, new toilets, new roof, 5 yr old furnace, section 1 clearance, new stove, some new lights, with easy access to San Mateo Bridge, Hwy 880 and opposite Southland Mall. Open House 12/5-6 1-4pm see additional photos below PROPERTY FEATURES - Central heat - Fireplace - High/Vaulted ceiling - Family room - Living room - Dining room - Breakfast nook - Dishwasher - Stove/Oven - Laundry area - inside - Balcony, Deck, or Patio - Yard ADDITIONAL PHOTOS Photo 1 Photo 2 Photo 3 Photo 4 Photo 5 Photo 6 Contact info: Sunil Sethi SUNIL SETHI REAL ESTAT

Don’t tell me one year later everything is rosy at BofA and they now have excess capital to payback their $45B TARP money. That’s bullshit. They are still the king of subprime debt  properties in loan mod/short sale/foreclosure process. Their bleeding is not over.   2009 was not a rosy year for BofA and 2010 will most likely be more worse than better. Okay let them payback the money, but when they come back to the window next year, let them fail and be acquired in pieces by wiser banks, who understand risk taking better.   http://www.dsnews.com/articles/bank-of-america-to-repay-entire-45b-bailout-2009-12-03     -sunil  

I must have gotten 30 emails today about hurry and get your loan in before Dec 4 because Fannie Mae’s DU version 8.0 that release on Dec. 12 will allow a max DTI of 45%. Gee with Fannie, Freddie and FHA bleeding the way they are it’s about time they tightened those ridiculous standards. Why should they allow more than 45%, why would anyone want to spend more than 45% of their gross income on housing and other structured payments. -sunil SUNIL SETHI REAL ESTATE My Bio: http://sunilsethi.com/about_me.htm Personal: http://www.sunilsethi.com LinkedIn: http://www.linkedin.com/in/fremontrealtor CA DRE#: 01173766

15 Seconds of Fame Channel 11 news called this morning to do a human interest story on my annual dictionary give away. Kari McVeigh Superintendent of New Haven Unified (covers all of Union City and part of South Hayward) , Rick LaPlante Public Information Officer for NHUSD dropped by for the interview as well (Rick corrected me this morning, this is the 4th year I've done this). The segment will air tomorrow morning sometime between 4:30am to 7:00 am. The last time I was on TV was in high school for the Channel 20 Sock Hop, I'm glad there was no dancing involved this time. Rum Cake Contest/Soft Grand Opening (Dec. 12 from 1-4pm) To inaugurate my new office I'm hosting a Rum Cake Contest and will offer the 1st place winner a $75 cash prize, 2nd place will get $50, and 3rd place will get an honorable mention. Of course all submissions will become the property of my stomach. Rules: Any cake plus any alcohol (lots of it). All winners most be over 21 years of age. Please dro

I always look forward to this event. -sunil Subject: New Haven E-News "E-NEWS" News From the New Haven Unified School District Third-Graders to Receive Free Dictionaries For the fourth consecutive year, a local real estate agent has made certain that every New Haven Unified third-grader has a dictionary. Realtor Sunil Sethi for the past three years partnered with other real estate professionals to purchase and deliver the dictionaries. Last year, the Fremont Elks Lodge also participated. This year, Mr. Sethi and the Elks are partnering with Paddy Iyer of Paddy's Coffee in Alvarado, loan officer Pia Barton of Bank of America and local dentist Munira Lokhandwala. KNTV (Channel 11) is planning to do a segment today on the project. The dictionaries will be delivered Wednesday. District Leaders to be Honored Superintendent Kari McVeigh and former superintendent Guy Emanuele are among "30 Influential Leaders" who will be honored Saturday (Dec. 5) by Kidango, which pro