September 3, 2014 in Real Estate

REO-Real Estate Owned properties for sale Sacramento and Placer County

REO-Real Estate Owned   REO is a Real Estate Owned property. REO is a property that has reverted to the mortgage lender after a foreclosure auction did not sell. A foreclosing beneficiary will typically set the opening bid at a foreclosure auction for at least the outstanding loan amount. If there are no bidders that are interested, then the beneficiary will legally repossess the... Read more

September 1, 2014 in Real Estate

BPO Sacramento and Placer County Broker Price Opinion

Broker Price Opinion or BPO A professional opinion of price and so much more   What is a BPO? The estimated market price of a property as determined by a real estate broker or other qualified individual or firm. A broker price opinion is based on the characteristics of the property being considered. One key element of the BPO is that it is designed to be free of influence by parties who... Read more

August 9, 2014 in Real Estate

Home Buyers and Real Estate

Home Buyers Bring the Money The buyer, seller, lender and the whole economy are all tied together in the real estate world. Financial issues that impact a home buyer’s ability to buy a property are both personal and macro-economic. The home buyer has a maximum price they can pay to purchase a home. This maximum price depends on a few personal financial issues. The amount of cash assets to... Read more

August 4, 2014 in Real Estate

Best time to sell real estate

Is now the best time to sell my home? Are real estate prices going higher? Can I sell for more then I owe?   Preface First, every one situation is unique. The complicated nature of real estate makes the “when to sell” decision a mix of pros and cons that impact the individual situation. The article following is a basic real estate situation analyst of macro-economic and the general impact... Read more

July 17, 2014 in Real Estate

Problem fast house sales

    When a house sells too fast   Home owners could be losing profit unnecessarily   Houses sell fast in a standard market when they are priced low. This could be a good thing if the owner needs to sell fast. But if the owner wants to maximize the proceeds from a property sale, a too fast sale indicates the price was set too low. If a cash investor buyer snaps up the property in hours, that... Read more

July 7, 2014 in Real Estate

Mortgage Application Checklist

Mortgage Application Checklist The mortgage application requires a good deal of information.  The information as well as the documents proving the data can feel very personal. The lender is required by some laws to ask for some data. Other data is the lender’s policies and lending guidelines. Information Full legal name, Social Security number, Date of Birth phone number, email address,... Read more

July 7, 2014 in Real Estate

CC&R Rules

CC&Rs Can Have a Big Impact on a Home   Covenants, Conditions, and Restrictions or CC&Rs create rules for a housing community.  The CCR&Rs are agreements on the part of the buyer to do or not do certain things.  The buyer automatically agrees to these by purchasing the property. Some CC&Rs are easy to understand others may cause some life style changes. ... Read more

July 7, 2014 in Real Estate

Debt Income Ratio

Debt to Income Ratio The debt to income ratio (DTI) is a very important factor for qualifying for a mortgage. What is a Debt to Income Ratio? The Debt to Income Ratio compares the applicant’s total fixed monthly expenses like monthly housing expense and other monthly debt obligations to their gross income. Some examples of monthly housing expenses are monthly housing costs or the housing... Read more

June 22, 2014 in Real Estate

Coffee Real Estate

Why Coffee Real Estate?   Yes I like coffee but that is not a really good way to name a business. Coffee is easy for people to remember. Coffee is generally will liked. And I think it makes for a good logo and promotional items. Coffee is a well-known comfort food. The aroma of coffee fills a home with a rich pleasurable ambiance. Coffee with family and friends help make a house a home. But I... Read more

June 19, 2014 in Real Estate

CoffeeReal.Estate

What’s up with CoffeeReal.Estate? Coffee Real Estate’s web site is CoffeeReal.Estate. There is no .com. Yes another business had the .com address. But we went for the cool factor of a .estate web site address. .estate is visible to Internet users as the suffix at the end of a domain name. What is . estate? And how can the internet find web sites that do not use the .com, .gov, .net and... Read more