Banks make Loans based on the Four Cs, that come into play when applying for a mortgage loan. They provide a framework within which information could be gathered, segregated and analyzed. What bank underwriters look for are these four factors in approving a mortgage applicant, by verifying information and evaluating the risks of giving you a loan. The Four Cs *Capacity, which refers to the adequacy of the borrower's income to pay the interst and principal due on the loan, plus property taxes and homeowers insurance.    -debt level    -income sources    -length in employment *Capital, which refers to the borrowers's down payment (or equity) as a percentage of the current value of the home.     -cash flow *Character, which refers to the borrower's track record of paying debts as evidenced... 10/09/2008

Attention Realtors the usda 100% loan program is back.  It is geared towards rural areas.  It is a great loan program becuase it is based on the appraised value not the purchase price so financing closing cost is still an option with this program for your borrowers than can truly afford the house but just dont have the closing cost money.  Great stuff!!!! 10/08/2008

Attention Realtors this FHA 203k loan can assist your buyers with costs to repair their future homes.  It's a great loan. 10/03/2008

A new  Loan program has resurfaced upon us again.  It is a 100% loan with no mortgage insurance.  It is designed for Home buyers in Rural areas, and fortunately for us high desert real estate professionals the city of adelanto qualifies for this government insured loan program.  Get your adelanto homes sold to those hard working families that just dont have the down payment but can truly afford a home out here and deserve to. 10/02/2008

No matter what the market, people will continue to desire to live in Victorville, as it remains one of the most active cities within San Bernardino County. Comparatively speaking, the Victorville housing market continues to post brisk sales.  In of July 2008, 39 single family homes and a total of 0 condos/townhomes sold, down 34 from last month.  My overall view of the market is still slipping in cost per square foot while the sales numbers are stabilizing a little. For a full county market report Click Here. Closed Sales For July 2008, Up 12 from last month75 Single Family Homes0 Condos/TownhomesPending Sales For July 2008, Up 24 from last month117 Single Family Homes0 Condos/TownhomesCurrent Actives As of Today's Post, Up 6 from last month 770 Single Family Homes0 Condos/Townhomes For... 09/14/2008

Do You have a Real Estate Business plan? Do you have a plan that will make a bank Bankroll you? Lack of clarity in business and and business plan is next to the biggest reason a business fails. I believe the first is undercapitalization. However enjoy the following. Can you identity the following in your business: Management: Who are the principals of your business, What is your area of expertise. What makes you better than your competitors. Business Purpose: What business will you do or not do. Short Sales, Reo, Traditional? Buyers only? Sellers only?  Work with teachers who are transfering to the High Desert?  How will the business benefit the community?   If you do short sales you are helping to save a family from the fallout of financial ruin.  Is there a demand for this type of ent... 08/27/2008

No matter what the market, people will continue to desire to live in Victorville, as it remains one of the most active cities within San Bernardino County. Comparatively speaking, the Victorville housing market continues to post brisk sales.  In of June 2008, 93 single family homes and a total of 0 condos/townhomes sold, 47 more than last month.  My overall view of the market is still slipping in cost per square foot while the sales numbers are stabilizing a little. For a full county market report Click Here. Closed Sales For June 2008, Down 11 from last month58 Single Family Homes0 Condos/TownhomesPending Sales For June 2008, Down 69 from last month93 Single Family Homes0 Condos/TownhomesCurrent Actives As of Today's Post, Down 4 from last month 761 Single Family Homes3 Condos/Townhome... 08/01/2008

The Census Bureau has released a list of the 25 fastest growing large cityies in the nation which includes 5 in California. Which Cal city is growing the fastest? Quick, name the fastest growing city in California? San Jose? Riverside? San Diego? Nope, nope and nope. The state's fastest growing city over 100,000 population between July 1, 2006, and July 1, 2007, says the Census Bureau, was -- drumroll, please -- Victorville in the so-called "high desert" northeast of Los Angeles. In fact, it was the second fastest growing city in the nation at 9.5 percent. Read on to find out what the other 4 fastest growing cities in California are. 07/10/2008

No matter what the market, people will continue to desire to live in Victorville, as it remains one of the most active cities within San Bernardino County. Comparatively speaking, the Victorville housing market continues to post brisk sales.  In of May 2008, 47 single family homes and a total of 0 condos/townhomes sold, 12 less than last month.  The number of new foreclosure sales is about the double as the number of monthly sales, not much change for the long term as NOD's continue to increase. My overall view of the market is still slipping in cost per square foot while the sales numbers are stabilizing a little. For a full county market report Click Here. Closed Sales For May 2008, up4 from last month68 Single Family Homes1 Condos/TownhomesPending Sales For May 2008, Up 2 from last m... 06/28/2008

Turnkey Bank Repo in Victorville. Easy access to HWY 395. Carpet and appliance just replaced. Paint is brand spanking new. Professionally landscaped with front and rear sprinklers. Turnkey just bring your furniture. Property is sold as is not warranties expressed or implied. Quick response from the seller thios is not a short sale. Click Here To View Flyer View Flyer Web Page 05/17/2008

If you take a glass, and you fill it HALFway. Is the glass HALF EMPTY or HALF FULL??The REAL answer is NEITHER. It is COMPLETELY FULL!! The first half is filled with water that you can see physically, the second half is filled with what we CAN'T see, which is AIR.Even though that substance is right in front of our faces, we FAIL to realize it because we are focused at the substance.Likewise, in Real Estate, the is the most OPPORTUNE time to be in Real Estate. Whether you are in investing, loans, or selling properties, property management.. etc. This is the BEST time to be in Real Estate... WHY?Because all the people who wanted quick licks in Real Estate are GONE. All the chumps and all the ones who said this market is bad.. really bad are the ones who CAN'T find opportunities in the mom... 05/07/2008

There are two ways to lower your property taxes in Victorville which are legal and FREE.1) If you qualify, appeal your property tax assessment2) Claimed your Homeowner's Tax Exemption APPEAL YOUR TAX ASSESSMENTHome values in Victorville have decreased over the last year, you may be able to lower your property taxes? This will only apply if you purchased your home or have been re-assessed in the last couple of years? If the above information applies to you, you may be able to do something that will cost you nothing.  This simple process can save you hundreds of dollars in future property taxes.  Lower you Property Tax Bill NOW !Each county operates differently but the simple answer is that all you need to do is ask for your property to be re-assessed.Some counties are proactive and are a... 02/06/2008

November  2007 Comparison to November 2006November Average Price            Average Price TrendNovember 07 # Sold                        2007                   2006141                         $253,773             $323,214          -21.5%San Bernardino County Homes for Sale Monthly Totals:November #Sold 2007    #Sold 2006   %Chg             2007                20061362              1742           -21.8%         $308,368         $370,929        -16.9%Closed Residential Resale Transactions As Reported By Dataquick Information Services. I post this information monthly so you can keep up with trends in a few select cities in San Bernardino County. I always post the cities of Ontario, Chino, Chino Hills, Fontana and Rancho Cucmonga as a comparison with the specific city as well. Brought to yo... 12/29/2007

                                                         Foxborough Industrial Park is building a Warehouse  Information was formulated  from the Daily Press on November 16, 2007, by a staff writer:Eight hundred jobs could be on the way for an agreed project for the Victor Valley community.Although we are having a housing slump, the commercial side of this is going strong. Ryan Mc Eachron, chairman of the Planning Commission feels that the news is good for Victorville. The new Warehouse will be the size of 17.5 football fields. The building will be built at Ottawa Street and Hesperia Road. The exact number of jobs  for the distribution center has not been formally announced, nor has a end user. But industrial use is needed and developers are looking towards Victorville. 11/16/2007

September  2007 Comparison to September 2006September Average Price            Average Price TrendSeptember 07 # Sold                        2007                   2006138                        $269,562             $340,497         -20.8%San Bernardino County Homes for Sale Monthly Totals:September 07 # Sold                     2007                      20061376                   $335,042                $348,553        -3.9%Closed Residential Resale Transactions As Reported By Dataquick Information Services. I post this information monthly so you can keep up with trends in a few select cities in San Bernardino County. I always post the cities of Ontario, Chino, Chino Hills, Fontana and Rancho Cucmonga as a comparison with the specific city as well. Brought to you by: Doug Beaver Corona... 11/06/2007

Attention Investors and First Time Home Buyers! Newer 4 Bedroom Home only $250,000Location: Victorville , CaDesirable single story home in newer area of Victorville. This beautiful 4 bedroom and 2 bath home is over 2,000 sq.ft. and features an open floor plan, large kitchen, formal living room, and a large family room with fireplace. Other features include custom paint and upgraded ceiling fans. The master bedroom is spacious and has an attached bath with double sinks and walk in closet. Great location, near new elementary school (Snowline Schools), close to shopping, and commuter close to the 395 & 15 freeways. More at www.visualtour.com/show.asp?T=1053138. Visit today!InformationContact InformationLiane Thomas951 454-3805Contact Reply FormForward to a FriendView Other FlyersPricingAsk... 10/26/2007

With the wave of foreclosure barely hitting our Real Estate shores its just the beginning of a Tsunami that will be hitting the market over the next year or two. With Victorville offering some of the lowest home prices in Southern California prices will continue to drop I believe another 5-8% in the High Desert. With builders scaling back on new starts and existing homes on the market Victorville Real Estate market has been hit pretty hard on the drop in sales. I believe house prices will recover over the next 10-12 months as buyers on the sideline start to come on to the playing field and start buying. With the High Desert being one of the fastest growing areas in Southern California those who buy now are in a good position to get a great deal and move into an area that is projected to... 10/03/2007

 We have a community in the High Desert within the San Bernardino Mountains, referred to as Spring Valley Lake. This community has around 4200 lots and was developed by a company known as Boise Cascade. There were lots divided around a lake and golf course and they started selling these lots back in 1969. Well, these lots are pretty much filled up with houses. Where can you go in the desert and find a man made lake , and golf course so close to LA.Though the people residing at this Country Club community are of different communities and different cultures they are experiencing the same situation as many of us see. The foreclosure market is hitting them the same way. One out of 41 homes have been in a foreclosure situation within the past seven months. With the crisis in the sub-prime ma... 10/01/2007

Some one once said that the three top needs of every human being are the following:MoneyRecognitionSecurityWell the following individuals are part of the largest Exit Office in Southern California.  We are Exit Desert Ocean Realty. We would like to honor the following individuals for their efforts and achievements in the Month of August. 1.    Roza Khachikyan  She is our Top Female Agent 2.    Tom Chong   Mr Chong is our Top Male Agent. 3.    Deanna McDonald  She is harding working and knows how to stay focused4.    Tyree Lauritzen For the Year Tyree is our second top agent in our office of over 120 agents5.    Ron Moser  You can't find a nicer guy than Ron and He is very Knowledgeable.6.    Greg Henderson  He is a Team Player and Partner with Peggy Beattie7.    Peggy Beattie  She is a ... 09/12/2007

As inventories are still stagnant and sellers are realizing that their home is not selling as easily as they might have thought. The High Desert Real Estate Market is in a battle within itself. Buyers looking for affordable housing in the high desert market our having to decide whether to buy Resale or a brand new home. Both have their pros and cons that are now being weighed out by buyers. Builders are becoming very agressive and are offering a vast array of incentives everything from closing costs to granite counter tops and landscaping packages. This puts sellers in a position to try and compete with the builders and must do something to make their home stand out in this competitive market. Pricing right is crucial and with builders having the ability to slash their prices it puts se... 07/27/2007