Fremont Real Estate Blog

Nice summary regarding Cancellation of Mortgage Debt Income. If you are considering a short sale or foreclosure good information to review.   http://rismedia.com/2012-03-11/what-you-need-to-know-about-cancellation-of-mortgage-debt/

       Latest News Green Homes for Sale Rebate Program If you know someone planning to put their home up for sale in Los Angeles County by June 1st of this year, they could get $5000 toward green home improvements and a GreenPoint Rated label for their home! The $5,000 rebate covers the cost of the label, and will even pay for some of the green home improvements that might be necessary. Only four homes will be chosen, and restrictions apply, so don't delay. Apply Today! NEW: Free Online Jobs Board Our brand new job board lists current employment opportunities in all aspects of green building and home performance, including for green remodelers, crew, consultants, energy auditors, field technicians and administrative and marketing staff. Post a job or browse the listings!     March | 2012 Are you doing a green remodel? We can help! Have you visited GreenPointRated.com lately? We've added lots of new resources that will help you every step of the way toward...

  I hope you will find the following snapshot of local Real Estate inventory interesting. The table represents aggregated values based on MLS data for the specified date. Housing Inventory Snapshot February 26, 2012   Average List Price Median List Price Average Days On Market Santa Clara County, CA Single Family under $1M $575,550 $550,000 65 Single Family over $1M $2,476,322 $1,749,000 76 Condo/Townhome under $600K $347,107 $339,000 71 Condo/Townhome over $600K $773,976 $729,000 68 San Mateo County, CA Single Family under $1M $609,546 $579,950 73 Single Family over $1M $3,522,636 $1,899,000 89 Condo/Townhome under $600K $364,787 $349,000 71 Condo/Townhome over $600K $838,352 $699,950 83 Santa Cruz County, CA Single Family under $1M $537,961 $525,000 86 Single Family over $1M $2,117,378 $1,599,000 117 Condo/Townhome under $600K $315,849 $285,000 109 Condo/Townhome over $600K $914,200 $789,000 126 Monterey County, CA Single Family under $1M $453,023 $370,400 87 Single Fa...

  If you're having trouble viewing this email, you may see it online . Share This:     Welcome to our March 2012 Newsletter     Third graders inspired to look to the future   Last fall, when Sunil Sethi, of Sunil Sethi Real Estate, distributed dictionaries and thesauri to third graders in the New Haven Unified School District in Union City, CA, he announced an essay contest. The students were encouraged to write about what they hoped to be doing in the year 2021, the year they will graduate from high school. "Our hope is that the students start associating the purpose of school with helping them achieve their future career goals, and not just a place to hang out until they graduate," stated Steven Fong, a fellow Realtor as well as a former teacher.   The children's essays were compiled into a book, and each child who completed an essay received a pen inscribed with, "I know what I want to be when I grow up." The students wrote about...

HARP Changes Are Coming This Spring The Federal Housing Finance Agency recently announced changes to the Home Affordable Refinance Program (HARP) that will allow more borrowers to refinance and take advantage of historically low mortgage rates. These changes to HARP (often referred to as HARP 2.0) are set to rollout this spring. Fannie Mae and Freddie Mac are currently updating their automated loan underwriting software. This is due to be completed in March 2012. Some enhancements to HARP include: Removing the 125% loan-to-value (LTV) ceiling on fixed-rate mortgages backed by Fannie Mae and Freddie Mac when the automated underwriting software is updated eliminates the need for a new property appraisal. Depending on occupancy type, Prospect's current LTV ceiling is between 105% and 125% with any HARP 2.0 LTV limitations forthcoming. Eliminating certain risk-based fees for borrowers who refinance into shorter-term mortgages. Extending the end date for HARP until on or before December...

Sunil Sethi | SUNIL SETHI REAL ESTATE | (510) 388-2436 32717 Fowler Ct, Union City, CA Remodeled Cul-de-sac location with Open Floor Plan OH Sat/Sun 3/3-4 1-4pm 5BR/3BA Single Family House offered at $615,000 Year Built 1985 Sq Footage 2,388 Bedrooms 5 Bathrooms 3 full, 0 partial Floors 2 Parking 3 Car garage Lot Size 8,525 sqft HOA/Maint $0 per month DESCRIPTION Regular sale. This home is bright, modern and comfortable. Remodeled kitchen with granite & custom cabinets. Recessed Lights . Cherrywood laminate & marble tile. Dual pane windows. Interior beautifully painted. Vaulted ceiling, lots of Natural lighting1 BR & 1BA downstairs. OH Sat/Sun 3/3-4 1-4pm see additional photos below PROPERTY FEATURES - Central heat - Fireplace - High/Vaulted ceiling - Walk-in closet - Tile floor - Family room - Living room - Bonus/Rec room - Office/Den - Dining room - Dish...