TeamResults

When I talk to a potential home buyers, the topic of fixer upperscomes up during the initial consultation almost everytime. It seems everybody wants a fixer upper these days. Perhaps its thehope that if property needs a little work, they'll be able to buyit at bargain. Let me say that; yes someti...

September 7, 2008 The Office of Federal Housing Enterprise Oversight has announcedthis morning, it is placing mortgage giants under conservatorshipin an effort to stabalize their ability to perform under tightercredit restrictions and low economic growth. OFHEO cited the importance of these organ...

There are generally four types of exchanges that benefit the Real Estate Investor. They are:DelayedSimultaneousBuild to suitReverseThere is also a method of exchanging personal property, which is usually the case in the sale or acquisition of a business.The most common exchange is the Delayed exc...

The City of Long Beach's Neighborhood Resource Center (425 Atlantic Ave., Long Beach) will be hosting a FREE workshop for local tenants and their landlords. The workshop will be Wednesday August 1st, 2007 from 6:00pm to 8:00pm and there will be refreshments available.Presented by the Fair Housing...

 County/Region20062007 Los Angeles4,58610,393 Orange1,2552,984 San Diego1,7784,383 Riverside2,2876,648 San Bernardino1,8395,141 Here are the stats for our investor friends. If you're brave enough to enter the foreclosure market, give me a call and we'll discuss your plan. We have the pre-foreclos...

When buying a home, borrower's always try to find ways to save. Their first shot is usually asking the seller for a price reduction. Here's a better way; Example:(Traditional Sale)Sales Price $550,000 - 20% Down Payment, $440,000 Loan Amount. 30 Year Fixed Rate at 6.25% =  $2,709 payment.(Price R...

Have you heard the 'gold coat' is coming back? But at least this commercial won't be. :). If you need a little gold, you can count on us. e-mail or call TeamResults for your real estate needs in Long Beach and surrounding communities. TeamResults@Century21.com or (562) 433-1914. Or visit my webs...

Are all sub-prime borrowers, no good, dirty, deadbeats? The term ‘sub-prime' applies to a huge section of borrowers, and sometimes the majority of borrowers in some markets. As Lew Sichelman (LA Times, syndicated author) puts it, a "certain number shouldn't have been approved for a mortgage at an...

7/17/2008 Much of the market information I receive comes from the same sources that everyone else sees. Here's an overview of whats happening in California.According to DQNews, in California 36,975 new and resale homes were sold in May. Down 31.7% last year.As of May 2007, the median price paid f...

When homeowner's fall behind in their mortgage payments or foresee a future problem looming, the decision has to be made whether to sell the home or try a ‘work-out'. Failing that means the possibility for a costly, messy, and humiliating foreclosure becomes more likely.There are a couple of thin...