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Showing posts from October, 2011

Foreclosed on at the Alameda County Courthouse steps today, Oct. 31, 2011

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You could have bought these homes today at the Alameda County Courthouse steps. These properties were foreclosed on and will become tomorrow's REO and Flips for sale in Fremont, Newark, Union City, Hayward, and other parts of the Alameda County. They will eventually be listed on an MLS and resold. If you are interested in buying these let us know. Most interesting property sold today is 3721 Ashwood Dr, Pleasanton, CA < http://www.sunilsethi.com/ > cid:image002.png@01CC66EB.6E0634F0 SUNIL SETHI REAL ESTATE Fremont Real Estate

here's a combination I haven't seen before..

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Probate and short sale. - sunil < http://www.sunilsethi.com/ > SUNIL SETHI REAL ESTATE < http://www.sunilsethi.com/index.htm > 2011 Reader's Choice Best of Fremont Realtor

how auctions can get your there

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So it looks like 5247 Keystone which was offered at $199,999 went pending for $525,888. ­ What the initial low price did was bring a lot of folks to the look at the property. Created a huge gathering at the auction. However the question I still have to ask is could they have achieved the same or better result by sale through a normal mls sale. They could have employed a similar strategy to bring people to the table, by setting the price below market, to bring in more buyers and let the buyers take the property to market price. We saw this strategy work very effectively during the 2003-2006 time period. Now by "below market" I don't mean a home selling for $600,000 being priced at $550,000 but rather something more like $590,000 given all other conditions similar. The price most be obvious that's it's at a discount. Ex. A home has 3 recent comparables which sold for $600,000, $595,000 and $603,000 but they all had dated kitchens and floo

Foreclosed on at the Alameda County Courthouse steps today, Oct. 28, 2011

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You could have bought these homes today at the Alameda County Courthouse steps. These properties were foreclosed on and will become tomorrow's REO and Flips for sale in Fremont, Newark, Union City, Hayward, and other parts of the Alameda County. They will eventually be listed on an MLS and resold. If you are interested in buying these let us know. < http://www.sunilsethi.com/ > cid:image002.png@01CC66EB.6E0634F0 SUNIL SETHI REAL ESTATE Fremont Real Estate

BIG Four Banks Set to Participate in HARP 2.0

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Hopefully this helps more homeowners stay in their home. < http://dsnews.us1.list-manage.com/track/click?u=59816bad6939d5a7dd87e45a5&i d=6c5380693b&e=ebe71b748c > Big Four Set to Participate in HARP 2.0 The industry's four largest mortgage servicers all say they will be taking part in the revamped Home Affordable Refinance Program (HARP). Bank of America, Chase, Citigroup, and Wells Fargo have each expressed their support of the program and the changes that will allow more underwater homeowners to refinance. Government officials expect the program's revisions to expand its reach and increase competition for mortgage refinancing, with an estimated 1 million homeowners to receive assistance under the new guidelines. < http://dsnews.us1.list-manage.com/track/click?u=59816bad6939d5a7dd87e45a5&i d=6f51cf7aab&e=ebe71b748c > > Read More - sunil < http://www.sunilsethi.com/ > SUNIL SETHI REAL ESTATE

More on HARP Two

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Sent to me by CAR Newsletter_MarketMatters_Computer.JPG CNNMoney Troubled homeowners get a lifeline The government is changing its Home Affordable Refinance Program (HARP), making it easier for homeowners to refinance their underwater, high-interest mortgages. Making sense of the story * Although HARP has helped more than 890,000 homeowners nationwide by reducing their monthly mortgage payments, there are still millions of homeowners who are too far underwater to participate. * Under the new rules, homeowners who owe more than 125 percent of the market value of their homes will be allowed to refinance into new loans. * The program also streamlines the refinancing process for homeowners who are current on their mortgage payments and reduces or removes fees that previously hindered them from refinancing. * Fannie Mae and Freddie Mac also will reduce the fees they charged in the past to enable borrowers to better afford the new loans. Among the fees that will be reduced or eliminated ar

Will the New HARP spark a refinance crazy

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The two folks that came to mind immediately couldn't qualify because their loans were not held by Fannie or Freddie. - sunil < http://www.sunilsethi.com/ > SUNIL SETHI REAL ESTATE < http://www.sunilsethi.com/index.htm > 2011 Reader's Choice Best of Fremont Realtor

Are you aware of the hazards associated with Halloween? Tips for a safe trick or treating experience.

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    Tuesday October 25, 2011, 1:42 PM Fremont Police Department (CA) Community: Are you aware of the hazards associated with Halloween? Tips for a safe trick or treating experience. Children Should: - Not trick or treat without parents. - Cross streets only at corners. - Never cross the street between parked cars. - Carry a flashlight or glow stick and/or wear reflective tape. - Be aware of motor vehicles that may be turning into or backing out of driveways. - Never go into a stranger's house. Parents Should: - Walk with their children or make sure children are accompanied by a trusted adult. - Make sure trick-or-treaters will be safe when visiting your home. Remove lawn decorations and sprinklers, toys and bicycles or anything that might obstruct your walkway. Provide a well lit outside entrance to your home. Keep family pets away from trick-or-treaters. - Explain to children the difference between tricks and vandalism. - Instruct children NOT to eat treats until they return home

Foreclosed on at the Alameda County Courthouse steps today, Oct. 24, 2011

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You could have bought these homes today at the Alameda County Courthouse steps. These properties were foreclosed on and will become tomorrow's REO and Flips for sale in Fremont, Newark, Union City, Hayward, and other parts of the Alameda County. They will eventually be listed on an MLS and resold. If you are interested in buying these let us know. Most interesting property sold today is probably 29019 Tern Place, Hayward, CA. < http://www.sunilsethi.com/ > cid:image002.png@01CC66EB.6E0634F0 SUNIL SETHI REAL ESTATE Fremont Real Estate

Annual real estate sales rise for 3rd straight month (CHARTS)

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October 24, 2011     Annual real estate sales rise for 3rd straight month (CHARTS) National median home price declines 3.5% By Inman News Inman News™ At a glance: Existing-home sales (September 2011): Seasonally adjusted annual rate 4.91 million % change from Sep. 2010 +11.3% % change from August 2011 -3%     National median price $165,400 % change from Sep. 2010 -3.5%     Unsold inventory (months' supply) 8.5 Share of all-cash buyers 30% Share of investor buyers 19% Share of first-time buyers 32% Share of distressed sales 30% Source: National Association of Realtors. Existing-home sales rose year over year for the third straight month in September, according to the latest monthly report from the National Association of Realtors. Sales of single-family homes, townhomes, condominiums and co-ops increased 11.3 percent last month to a seasonally adjusted annual rate of 4.91 million. Existing-home sales have been rising by double digits on an annual basis since July. On a monthly bas

HARP Refinance Program Expanded

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Brought to you by the CALIFORNIA ASSOCIATION OF REALTORS®     HARP Refinance Program Expanded   Borrowers who are current on their home loans may be able to refinance for lower interest rates, even if they are seriously upside down.  The Federal Housing Finance Agency (FHFA) announced today that it will broaden the scope of the Home Affordable Refinance Program (HARP) by removing the current 125 percent loan-to-value cap for fixed-rate mortgages backed by Fannie Mae and Freddie Mac.  Other program enhancements include, among other things, reducing certain fees, eliminating the need for a new property appraisal if the FHFA has a reliable automated valuation model (AVM) estimate, and extending HARP until the end of 2013.  New federal guidelines for the HARP changes should be released to mortgage lenders and servicers by November 15.   The basic eligibility requirements for an enhanced HARP loan are as follows: Existing mortgage loan must be owned or guaranteed by Fannie Mae or Freddie Ma

Draft of Fremont's Climate Action Plan

Attached is a copy of Fremont's Climate action plan. Sunil Sethi Real Estate 38750 Paseo Padre Pkwy #B3 Fremont, CA 94536 Website: http://sunilsethi.com/

Foreclosed on at the Alameda County Courthouse steps today, Oct. 21, 2011

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You could have bought these homes today at the Alameda County Courthouse steps. These properties were foreclosed on and will become tomorrow's REO and Flips for sale in Fremont, Newark, Union City, Hayward, and other parts of the Alameda County. They will eventually be listed on an MLS and resold. If you are interested in buying these let us know. Most interesting property sold today is probably 29019 Tern Place, Hayward, CA. < http://www.sunilsethi.com/ > cid:image002.png@01CC66EB.6E0634F0 SUNIL SETHI REAL ESTATE Fremont Real Estate

All Loan Officers are not the same

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Don't assume just because one lender denies your loan, all will. Forward from CAR: After a rejection Some borrowers think that because their mortgage application is turned down the first time, they won't ever be approved. In reality, some borrowers succeed on the second or third attempt, usually with a different mortgage professional, and often several months later, after they have saved more money for a larger down payment or improved their credit score. Making sense of the story * Before reapplying for a mortgage, borrowers are advised to look at the reasons they were initially rejected. * The Equal Credit Opportunities Act requires lenders to give loan applicants specific reasons in writing within 30 days of their decision. If it's based on a problem in the borrower's credit report, the lender must tell the borrower the name and address of the credit agency that provided the information. * Talking to the loan officer who denied the application to see how close the

Foreclosed on at the Alameda County Courthouse steps today, Oct. 20, 2011

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You could have bought these homes today at the Alameda County Courthouse steps. These properties were foreclosed on and will become tomorrow's REO and Flips for sale in Fremont, Newark, Union City, Hayward, and other parts of the Alameda County. They will eventually be listed on an MLS and resold. If you are interested in buying these let us know. Most interesting property sold today is probably 29019 Tern Place, Hayward, CA. < http://www.sunilsethi.com/ > cid:image002.png@01CC66EB.6E0634F0 SUNIL SETHI REAL ESTATE Fremont Real Estate

Foreclosed on at the Alameda County Courthouse steps today, Oct. 18, 2011

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You could have bought these homes today at the Alameda County Courthouse steps. These properties were foreclosed on and will become tomorrow's REO and Flips for sale in Fremont, Newark, Union City, Hayward, and other parts of the Alameda County. They will eventually be listed on an MLS and resold. If you are interested in buying these let us know. Most interesting property sold today is probably 29019 Tern Place, Hayward, CA. < http://www.sunilsethi.com/ > cid:image002.png@01CC66EB.6E0634F0 SUNIL SETHI REAL ESTATE Fremont Real Estate

Dublin High Putting on Twelfth Night Production - should be a fun event

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Check it out. Shakespeare's Twelfth Night Opens Oct 20 at Dublin High Theatre-goers have reason to celebrate - Shakespeare's raucous comedy "Twelfth Night" opens this Thursday, Oct 20 at 7pm, and continues with performances on Friday and Saturday at 7pm and closes Sunday with a 2pm matinee. Tickets are $7 for students and $10 for adults. Twelfth Night was the inspiration for the popular Amanda Bynes film "She's the Man". Read more... < http://r20.rs6.net/tn.jsp?llr=6neybrdab&et=1108179484730&s=500&e=001UsMACZO -LiglhNyt59UkQpgl9nkEdt8m5ODjiJX0VkCeK6ZvHIhrzpoiNLV9EuoaChhXcr1gvqux4GlVJ1_ TE11V4BpFUwtUEK4mLYQuzunX7rkVTz-yUZ2t9lhqnC9EJyv6NFcL0LGThtStTtardovj2e91Vll 4u_6cb8cEy32BoCbjbgw5uR05bvm6HIy713gp1WCVHIl-2-JNNWTkRwZLlJ_FvzfHbxMWd43enzo => - sunil < http://www.sunilsethi.com/ >