HIDDENBROOKE HOMES-My bank says I don't qualify for a permanent modification.  What now? More and more, I am getting calls like this from clients.  These clients have entered into a temporary loan modification program with their lenders under the Making Homes Affordable Program (HAMP).  They made their three months worth of trial payments at a payment they could afford.  They thought this would be permanent.  Now they are being told that they do qualify, but the payment will be much higher.  For example, I have a client whose payment prior to modification was $4800.  For her temporary modification, it was $3500.  After the trial period, the bank increased it to $4300.  Due to a recent divorce and lack of income, she cannot make that amount. When she spoke with her bank, they told her th... 07/06/2010

HIDDENBROOKE HOMES FOR SALE-BUYER'S INPSECTION What to Do / Expect During YOUR Home Inspection . . . Arranging the inspection with current owner.  Owners will need to know when the inspection will take place.  This contact with the owner to arrange the inspection time is usually taken care of by your realtor.  The current owner will typically leave during the inspection however, some owners do stay. Home access.  Make sure your realtor arranges with the owner to have full access to the property.  Garage, sheds, barns, ect, should be unlocked or have keys & remote door openers present. Time of the inspection will vary.  We do not just complete a quick or "on-site" checklist, like so many inspection companies do.  A typical home will take about 3-4 hours to inspect and in some cases longe... 07/01/2010

HIDDENBROOKE REAL ESTATE-HOMEOWNERS' LIABILITY AFTER A FORECLOSURE Many homeowners' are frustrated by their lenders when facing foreclosure.  Many have been told by their lender that they may qualify for HAMP/HAFA programs and been given hope that these programs will save their home only to find out that they have been foreclosed on.  Many attorneys are also telling their clients to walk away from their homes as the best option and let the foreclosure happen.  Here is some information about what a homeowner's potential long term liability will be if they do incur a foreclosure.  It is important to contact a Realtor® to find out about the potential of doing a short sale and if may be right for your situation.   For more information on Hiddenbrooke real estate, please contact via phone, e... 06/28/2010

Ladies first - tips for first time, single female Hiddenbrooke homebuyers Single females continue to be a driving force in the housing market. In fact, according to the National Association of REALTORS® 2007 Profile of Home Buyers and Sellers, one-fourth of all recent first-time home buyers were single women. They also represented 20 percent of all home buyers, up two percent from 10 years ago. The Coldwell Banker® organization recommends the following steps for women considering buying their first home: Get your finances In order. First and foremost, check your credit history. Order a report from one of the three major agencies and take immediate steps to rectify any problems. Make sure you pay your bills on time and have established a solid savings plan. You want to be on firm financi... 06/22/2010

Nicole Monary of Coldwell Banker® helps you determine how to sell your Hiddenbrooke home at the right priceEstablishing a reasonable and profitable listing price for a home is perhaps the biggest challenge for every home seller. Many sellers ask themselves, "The home next door sold for a high price, can I sell mine for the same?" or "Can I raise the asking price in a hot market?" These and various other factors must be considered before determining the right cost. Nicole Monary at Coldwell Banker Solano Pacific recommend taking the following steps before establishing an asking figure. Choose the right sales associate. While many people use a friend or relative's referral to select a sales associate, it is smart to interview several prospective agents. Invite different agents to show the... 06/22/2010

HIDDENBROOKE REAL ESTATE FORECLOSURE OR SHORT SALE  Many people struggling to make their mortgage payments want to know which is best for them, a short sale or foreclosure.  Well here is a side by side comparison that will hopefully help.       For more information on Hiddenbrooke real estate, please contact via phone, email or text.  To see what's for sale throughout the Hiddenbrooke, please visit my website at: www.soldbynicole.com and click on search the MLS.  If you want to know how much your current home is worth, click on CMA and I will happily provide you with a complimentary, no obligation, "Current Market Analysis" of your Hiddenbrooke home.  I also write a blog about market statistics for most of the bay area markets.  Click here to view my blog:  http://activerain.com/blogs/n... 06/20/2010

HIDDENBROOKE REAL ESTATE-WHAT'S FOR SALE What homes are for sale in Hiddenbrooke this week?  There a total of 18 homes for sale in Hiddenbrooke this week.   Six of them are Hiddenbrooke foreclosures and 10 of them are Hiddenbrooke short sales.  Not surprisingly, two of them are regular sellers.  This may not seem like a lot, but given the prices of most of these homes has dropped by 50% in the last three years, it's good to know that there are still some Hiddenbrooke homeowner's with equity.  Street Full Address Price Ashwell Way Vallejo, CA 94591 292,000 Alder Creek Road  Vallejo, CA 94591 370,000 Willow Creek Cir Vallejo, CA 94591 380,000  Beltaine Ct Vallejo, CA 94591 385,000 DEERFIELD Dr Vallejo, CA 94591 315,900  Deerfield Dr Vallejo, CA 94591 310,000 CARLINGFORD Ln Vallejo, CA 945... 06/09/2010

HIDDENBROOKE SHORT SALES AND EDUCATION What on earth could Hiddenbrooke short sales have to do with education?  Let me illustrate.  Two years ago I had a client who declined the terms of their short sale and let the property go into foreclosure.  They were advised by an attorney that this would be the better option.  They could declare bankruptcy and everything would be fine.  Yes, surprisingly, the same attorney did their bankruptcy for $2700. Well, the husband got into a car accident which totaled the car five months after the bankruptcy was discharged and had to pay over 12% interest for a car loan.  His payments are over $600 a month on a car that cost less than $15k.  Ouch. Now comes the heartbreaker.  His oldest child applied to California State University at San Francisco.  Was a... 06/03/2010

HIDDENBROOKE REAL ESTATE STATISTICS MAY 2010 Listings per Status This month Hiddenbrooke Real Estate saw a balanced amount of activity for its market size.  Eight homes were new to the for sale market, four homes that were for sale got accepted offers and went contingent.  Eight homes went pending and nine homes were sold.     Days On Market A third of the homes listed for sale, were in the market for less than 30 days.  Another third of the Hiddenbrooke homes for sale were on the market between 31 and 60 days.   We saw homes in the 61 to 90 day, made of 11% of the market.  That demonstrates that 66% of homes were sold within 60 days, demonstrating a strong market considering most of these were short sales.  22% were on the market for over 90 days and non were on market for over 120 da... 06/01/2010

HIDDENBROOKE REAL ESTATE SHORT SALES Do short sales sell?  Yes they do!  There have been many improvements by the banks to process short sales a lot faster.  If you have a Wells Fargo or Wachovia loan, you may be able to get an answer within seven days.   If you are a Bank of America customer, they have a new automated system that streamlines the process.  Since May 1st, there have been seven successful short sales closed in Hiddenbrooke real estate, six new short sales listed and eight that have gone pending.  So 15 out of 21 have had or are headed towards a successful outcome.  There are a lot of reasons that you may have to do a short sale, loss of income, transfer for your job, the need to downsize.  The banks will work with you, but you need an agent experienced in the short sale p... 05/25/2010

HIDDENBROOKE REAL ESTATE-MODIFYING MY MORTGAGE Due to recent economic events, many find that they are having difficulty keeping up with their current mortgage payments.  Given the fact that many will soon see low or no interest rate mortgages adjust up, they are knowledgeable that they will not be able to afford their mortgage payment. Enter the loan modification.  LOOK OUT!!!!  A loan modification promises under the HAMP or HAFA programs to lower your monthly payment to one that meets your current economic situation.  First ask yourself, why would my bank really want to help me?  Most would say, because they do not want me to foreclose, they get nothing.    Banks know how to protect their investments; they most likely have insurance that you are unaware of. A loan modification sounds l... 05/24/2010

GLEN COVE REAL ESTATE-WHAT IS CONTINGENT VS. PENDING Many clients are mystified by what the difference between a property that is contingent versus one that is pending.  Hopefully, I can clear some of that confusion up for everyone.  When you as a buyer place an offer on a property and a seller accepts, you are given a certain number of days to complete your contingencies.  A contingency can be an inspection, an appraisal, loan verification, etc.  Typically in California the purchase contract allows for standard timeframes for each contingency.  Acceptance begins the day after the acceptance date.  So if you get a contact back from the seller on May7th, the clock starts ticking on your contingency period begins on May 8th.  LOAN APPLICATION, meaning within seven days after acceptance, b... 05/18/2010

HIDDENBROOKE REAL ESTATE-WHAT IS CONTINGENT VS. PENDING Many clients are mystified by what the difference between a property that is contingent versus one that is pending.  Hopefully, I can clear some of that confusion up for everyone.  When you as a buyer place an offer on a property and a seller accepts, you are given a certain number of days to complete your contingencies.  A contingency can be an inspection, an appraisal, loan verification, etc.  Typically in California the purchase contract allows for standard timeframes for each contingency.  Acceptance begins the day after the acceptance date.  So if you get a contact back from the seller on May7th, the clock starts ticking on your contingency period begins on May 8th.  LOAN APPLICATION, meaning within seven days after acceptance... 05/18/2010

HIDDENBROOKE REAL ESTATE STATISTCS FOR WEEK OF MAY 7TH The Hiddenbrooke real estate market saw five new homes for sale, on home go contingent, one pending and one sold this week.  75% of this week's real estate activity for Hiddenbrooke was new listings which is good news for those wishing to buy a home in Hiddenbrooke.   Listing Status     Days On Market Analysis The one home that sold this week was only on the market for 23 days.  Most homes for sale in Hiddenbrooke are on the market for less than 30 days prior to selling if they are priced aggressively to attract buyers.  An aggressive price attracts offers and then creates urgency for buyers to bid the price up to fair market value.  Which is a win-win for all.  As a seller, you get top dollar in the least amount of time and the bu... 05/15/2010

See you tonight in Roseville, CA at Paramout Equity Mortgage 6:45 pm - 8:30 pm... You will learn "203k Secrets" and how you can use the 203k in your business. We look forward to seeing you there (if you have a ticket). If not then please go online and get a FREE ticket while they last.  FSBO sellers please bring your properties, we will couple you with a buyer and agent provided you will agree to pay the agent for  selling your home.  Learn how to get more than the appraised value for your sale or on the other side of the coin, how to bid higher than the other guy for a home and get the financing to warrant the higher price. What to look for in a property so you aren't going for the same thing that everyone else is. Find you diamonds as they lay among the weeds that everyone else is tra... 05/11/2010

Been getting a lot of calls on this subject of late so I thought I would offer some insite on selling the 203k loan program. 1) This is a renovation loan product. What would you compare it to? Any other renovation loan product. In my opinion it is the best rehab loan product on the market. What are your options? You could purchase a property that needs work, close the loan, then go find the money to fix it up. What you would find is a "construction loan" typically charging you points and fees and an interest rate from 12-16% with a requirement that you pay it off in 9-12 months.. fun huh? So when you compare this to a permanent loan with an intrest rate of about 5.5% fixed for 30 years to purchase and get the money to renovate it is a VERY inexpensive way to get your property fixed up a... 05/07/2010

SELL MY HIDDENBROOKE HOUSE-FREE HOME WARRRANTY FOR YOUR BUYER IF YOU LIST WITH ME IN THE MONTH OF MAY There comes a time when almost everyone will need to sell their Hiddenbrooke house.  If could be because you have outgrown it with an increasing family or you want to downsize because you find yourself an empty nester.  You may have been transferred, promoted or found a better opportunity further away.  In these tough economic times, you may find that for one reason or another; you can no longer maintain the payments and have to explore the option of a short sale. Whatever the reason, I'm sure your goal is to sell it in the shortest amount of time, at the best possible price and with the least amount of stress.  This is where my expertise can help you sell your Hiddenbrooke house.  Duri... 05/03/2010

HIDDENBROOKE REAL ESTATE STATISITCS FOR APRIL 2010 Hiddenbrooke real estate seems to be holding its own this month.  There were a total of seven sales of single family homes in Hiddenbrooke.  The good news for Hiddenbrooke real estate is in the fact that the average listing price was $337,386, but the sales price was $347,557.  This means that property was selling for 103% of their list price, which means there is demand for homes Hiddenbrooke.  If you are thinking of selling your Hiddenbrooke home, please contact me so we can determine what the best price to list your home for to get it sold in the fastest time, at the best price with the less stress. ADDRESS LISTING           SELLING 6209 Newhaven Ln 310,000 324,000 7016 Alder Creek Rd 355,000 355,000 2039 Bennington Dr 349,000 375,00... 05/03/2010

I NEED TO SELL MY HIDDENBROOKE HOUSE There comes a time when almost everyone will need to sell their Hiddenbrooke house.  If could be because you have outgrown it with an increasing family or you want to downsize because you find yourself an empty nester.  You may have been transferred, promoted or found a better opportunity further away.      In these tough economic times, you may find that for one reason or another; you can no longer maintain the payments and have to explore the option of a short sale. Whatever the reason, I'm sure your goal is to sell it in the shortest amount of time, at the best possible price and with the least amount of stress.  This is where my expertise can help you sell your Hiddenbrooke house.  During and after the sale of their Hiddenbrooke homes, my clients... 04/27/2010

Hiddenbrooke Real Estate Bank Owned Hiddenbrooke is a well known golf community located just minutes from the beautiful Napa Valley.  It is the premiere course of choice for the San Francisco Bay area.  Many people have heard about the great course out here, but many people are still unaware of what a great residential community Hiddenbrooke is. Hiddenbrooke offers a myriad of luxury homes and many are on the green.  With picturesque hills that surround the residential area, Hiddenbrooke real estate offers the homeowner the convenience of country club living within a truly bucolic setting.  As you drive into the community, you will note the manned security station.  Although it is not a gated community, it offers the same feel.  The streets of Hiddenbrooke will lead you on an adventure ... 04/12/2010