Modesto, CA Real Estate News

By Julia Hull, Realtor Modesto, California
(California Real Estate Mart, Inc.)
  Now THAT is FUNNY!! Now THAT is FUNNY!! The man across the table from me explained how he thought the whole Virtual World of Facebook and Twitter is just a fad...."Oh, it will be gone next year!"  His facial expressions told me that he didn't even believe his own statement. Well, that was over a year ago and Social Network sites are still here and growing by the second.                 To the Business Man or Woman, Business owner and or a Parent....what do these sites say about you? What is being said possibly about your business? Another question for you.....What do these sites say about your child or children? It is kind of a GREAT idea to do a little Social Media Monitoring. I have found that Social Mention is a pretty good site for such a thing. Test it out and see what you come u...
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By Julia Hull, Realtor Modesto, California
(California Real Estate Mart, Inc.)
Full Day of Holiday Events in Modesto, Ca, Dressed in Holiday style! One Full day of Events in Modesto, Ca for Everyone! Saturday December 4th, 2010   Breakfast with Santa!!!! Time: 8-11:30 a.m. Will take place at: Senior citizens Center Address: 211 Bodem Street. Tip… for best parking come early! Kids will be able to enjoy the morning with Santa!     ♫ City sidewalks, busy sidewalks Dressed in holiday style In the air there's a feeling Of Christmas Children laughing, people passing Meeting smile after smile And on every street corner you'll hear ♫ ♫ Silver bells ♫ Silver bells It's Christmas time in the city Ring-a-ling ♫ Hear them ring Soon it will be Christmas Day…….     Dickens Faire & Modesto certified Farmers’ Market Presents! Victorian Christmas Market! Time: 9-3:30P.M Will take ...
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By Mike Young, FHA 203k Consultant 916-758-1809
(203kOnLine.com, covering the USA)
Two events planned this week.  Both at RE associations at 8:30 am Wednesday, tomorrow at the Masonic Hall 800 Rose Avenue, Modesto, CA Thursday at the Oakdale Golf Course at 243 North Stearns Road, Oakdale, CA Hope to see you there
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By Mike Young, FHA 203k Consultant 916-758-1809
(203kOnLine.com, covering the USA)
We are talking on July 7th at 8:30 am at the Association of Realtors in Modesto for those who want to get the latest info on the 203k loan and more than that how YOU can use the 203k to get more sales. If you have been having trouble finding available inventory, I'll bring some info and maybe some properties for you to show your clients. There is NO SHORTAGE of properties, there is a shortage of know-how to find them. We'll clear that up for you.  Have a home for sale that is pristine? just too small for most of your clients... then it is "Perfect for a 203k" you can make a room addition and make the size you want it to be and it is a 203k. Have a home that is just in too poor shape to show it? It is "perfect for a 203k". Just drive the neighborhood and find one that look like it that i...
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By Mark Maupin See Blog Free Investors Training, National Real Estate Investors Network Host
(National Real Estate Network, LLC)
Dryer Vent Cleaning Modesto, CA to Remove Lint Build-up, Prevent Dryer Fires and Save on Energy Bills Clothes dryers are reported to be the cause of over 15,000 house fires each year. Poor dryer vent maintenance is the number one cause of dryer fires. Professional dryer vent cleaning is recommended each year to prevent dryer fires and to keep your dryer working efficiently. Dryer vent systems remove heat, moisture and lint from your home. The lint that manages to escape the lint screen should end up outdoors, through your dryer vent; but some will get stuck and attract more lint as it continues to build up. Lint build-up restricts air flow required for the dryer to perform its job. As the dryer labors to dry your laundry, it consumes more energy. Poorly maintained dryer vent systems can...
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By DAdrea Davie, Stanislaus & San Joaquin Short Sale Agent
(Keller Williams Realty)
The American Recovery and Reinvestment Act of 2009 extended many consumer tax incentives originally introduced in the Energy Policy Act of 2005 (EPACT) and amended in the Emergency Economic Stabilization Act of 2008 (P.L. 110-343)   The Energy-Efficiency Tax Credit is available to homeowners who have energy efficiency home improvements done to their existing principal residence for products purchased during the two year period of 2009 and 2010. The maximum tax credit limit is $1,500. The tax credit is available for any amount that is spent up to $5,000 on a single or multiple products (homeowners will receive 30% back as a tax credit). The expiration date is December 31, 2010. NOTE: New Construction and rentals do not qualify.        QUALIFIED ENERGY PRODUCTS (Installation costs may be ...
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By DAdrea Davie, Stanislaus & San Joaquin Short Sale Agent
(Keller Williams Realty)
   Short Sales (February 2010): For Sale: 188 New Listings: 117 Sold: 39 Pending: 134 Average Active Price: $153,000 Average Sold Price: $145,000 Average Days on the Market: 105 Median Price: $135,000
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By DAdrea Davie, Stanislaus & San Joaquin Short Sale Agent
(Keller Williams Realty)
After showing a few short sales and bank owned homes and comparing the two, I've realized that they are running neck in neck on the type of condition that they are in. Being an agent in this market, I have developed a certain empathy and understanding for the situation that distressed homeowners are in. However, when listing a short sale property we make it a point to ask the homeowners to keep the home clean, especially when showing it to buyers.  What I've realized is that although buyers understand the market that they are purchasing in, not much has changed in the way that they visual the space. The expectation of the condition for bank owned homes is minimal to say the least, but the expectation of the condition for a short sale is higher because homeowners and tenants are occupyi...
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By Brian Smith
(Professional Roof & Home Inspection)
Pesticides by Nick Gromicko and Rob London, and Brian Smith     Pesticides are poisons designed to kill a variety of plants and animals, such as insects (insecticides), weeds (herbicides), and mold or fungus (fungicides). They are each composed of an inert carrier and a pest-specific active ingredient, both of which are toxic to humans and pets.   Human Exposure   Pesticides may enter the body in one of the following three ways, which are ordered from least to most dangerous: absorbed through the skin. People can get pesticide on their skin because it is likely to splash or mist while mixing, loading or applying the chemicals. Skin contact may also occur while touching protective clothing, a piece of equipment, or any other surface that was exposed to pesticides; swallowed. Numerous rep...
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By Brian Smith
(Professional Roof & Home Inspection)
Protect Your Property From Water Damage Water may be essential to life, but, as a destructive force, water can diminish the value of your home or building. Homes as well as commercial buildings can suffer water damage that results in increased maintenance costs, a decrease in the value of the property, lowered productivity, and potential liability associated with a decline in indoor air quality. The best way to protect against this potential loss is to ensure that the building components which enclose the structure, known as the building envelope, are water-resistant. Also, you will want to ensure that manufacturing processes, if present, do not allow excess water to accumulate. Finally, make sure that the plumbing and ventilation systems, which can be quite complicated in buildings, op...
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By DAdrea Davie, Stanislaus & San Joaquin Short Sale Agent
(Keller Williams Realty)
  Homeowner Associations can and do file foreclosure quicker than lenders, sevicers, and investors will. Associations may begin the foreclosure process as soon as 75 days after the payment was first due. Associations are not required to go through a court to foreclose, as a homeowner would have to evict a tenant. This is very important because the association payments are often one of the first items homeowners stop paying. Here is an idea of the steps involved, if a homeowner is behind on their assessments:    The association will send a reminder letter.  Within 15 days of the due date, a delinquency occurs (Depending on the association, an additional fee may apply. This late fee will be in the amount of $10 or 10% of the monthly assessment amount, whichever is greater).  After 30 days...
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By DAdrea Davie, Stanislaus & San Joaquin Short Sale Agent
(Keller Williams Realty)
WHAT IS A COMMON INTEREST DEVELOPMENT (CID)?  Common Interest Development (CID) allows homeowners the use of common property and facilities and provide for a system of self-governance through an association of the homeowners within the CID. CIDS come in a variety of types and styles, such as single family detached houses, two story townhouses, garden style units with shared "walls". When a homebuyer purchases a home, townhouse, condo or PUD in a common interest development, they become a member of that association. During the home buying process, the homeowner obtains a copy of the Declaration of the Covenants, Conditions, and Restrictions (CC&Rs), which are the ground rules for the operation of the association. Every CC&R obtains the rules and responsibilities of the association and ho...
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By Brian Smith
(Professional Roof & Home Inspection)
Ten Tips to Speed Up Your Home Inspection Sellers can speed their home inspection by following these suggestions. The inspection will go smoother, with fewer concerns to delay closing. Confirm that water, electric and gas service are on, with gas pilot lights burning. Ensure pets won't hinder the inspection. Ideally, they should be removed from the premises or secured outside. Tell your agent about any pets at home. Replace burned-out light bulbs to avoid a "light is inoperable" report that may suggest an electrical problem. Test smoke and carbon monoxide detectors, and replace dead batteries. Clean or replace dirty HVAC air filters. They should fit securely. Remove stored items, debris and wood from the foundation. These may be cited as "conducive conditions" for termites. Remove items...
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By Brian Smith
(Professional Roof & Home Inspection)
Household Hazards This list of terms covers most of the common household dangers likely to be encountered by InterNACHI inspectors.   algae: microorganisms that may grow to colonies in damp environments, including certain rooftops. They can discolor shingles; often described as "fungus." alligatoring:  a condition of paint or aged asphalt brought about by the loss of volatile oils, and the oxidation caused by solar radiation; causes a coarse, "checking" pattern characterized by slipping of the new paint coating over the old coating to the extent that the old coating can be seen through the fissures. "Alligatoring" produces a pattern of cracks resembling an alligator hide, and is ultimately the result of the limited tolerance of paint or asphalt to thermal expansion and contraction. asbe...
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By DAdrea Davie, Stanislaus & San Joaquin Short Sale Agent
(Keller Williams Realty)
What are My Closing Costs Going to Be? This question can cause much anxiety new Homebuyers. Having an idea of what to expect at closing helps first-time homebuyers get over that anxiety easier.  The closing process can be confusing and involve many people, documents, and fees. Understanding the costs associated with buying AND protecting your home helps buyers' to have a smoother transaction AND helps save them money. With the New Real Estate Settlement Procedures Act (RESPA) that began January 1, 2010, HUD requires that loan originators provide borrowers with a standard Good Faith Estimate that clearly explains the key loan terms and closing costs. The lender is required to give you a "best estimate" of the costs of the loan (including some closing costs) within 3 days. This is good ne...
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By Brian Smith
(Professional Roof & Home Inspection)
Safeguard Your Home From Burglars By Nick Gromicko, Rob London, Kenton Shepard, Brian Smith   Some interesting statistics concerning break-ins in the United States: Theft makes up more than three-quarters of all reported crime. In 2005, law enforcement agencies reported more than 2 million burglary offenses. According to a survey, burglars enter homes through the following locations:  81% enter through the first floor; 34% of burglars enter through the front door; 23% enter through a first-floor window; 22% enter through the back door; 9% enter through the garage; 4% enter through the basement; 4% enter through an unlocked entrance; 2% enter through a storage area; and  2% enter through anywhere on the second floor. Some interesting statistics concerning break-ins in Canada (2002): The ...
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By Brian Smith
(Professional Roof & Home Inspection)
House Numbers Ever wonder about your house number? Often, the previous owner installed the number and the new owner never had to think about it, leaving them clueless as to why it was placed where it is or why a particular color or size was chosen. These numbers are more important than you probably realize, and a lot of thought goes into making sure they are visible. House numbers should be clear enough so that police, the fire department, paramedics, etc., can quickly locate properties in an emergency. Numbers are often the only way that first-responders can identify their intended destinations. Your city might even have laws requiring your house number to be of a certain size or color. Also, think of the poor pizza delivery guy who runs late because he can't find your house, or frustr...
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By Brian Smith
(Professional Roof & Home Inspection)
10 Easy Ways to Save Energy in Your Home By Nick Gromicko, Ben Gromicko, Rob London, Kenton Shepard , and Brian Smith Most people don't know how easy it is to make their homes run on less energy, and here at InterNACHI, we want to change that. Drastic reductions in heating, cooling and electricity costs can be accomplished through very simple changes, most of which homeowners can do themselves. Of course, for homeowners who want their homes to take advantage of the most up-to-date knowledge and systems in home energy-efficiency, InterNACHI energy auditors can perform in-depth testing to find the best energy solutions for your particular home.  Why make your home more energy efficient? Here are a few good reasons: Federal, state, utility and local jurisdictions' financial incentives, suc...
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By DAdrea Davie, Stanislaus & San Joaquin Short Sale Agent
(Keller Williams Realty)
In March 2009, President Obama Administration introduced the Home Affordable Modification Program (HAMP). HAMP was designed to assist 3 to 4 million homeowners that are facing foreclosure. This program was to allow home owners to have their mortgage interest reduced considerably for a five year time period. Under HAMP, the homeowner would have to meet the following eligibility requirements: Homeowner MUST be in financial hardship Homeowner MUST have the ability to modified mortgage payment. Homeowner MUST be delinquent on their mortgage or faces imminent risk of default.   Property is occupied as borrower's primary residence.  Mortgage was originated on or before January 1, 2009 and unpaid principal balance MUST be no greater than $729,750 for one-unit properties.  First mortgage paymen...
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By DAdrea Davie, Stanislaus & San Joaquin Short Sale Agent
(Keller Williams Realty)
The National Association of Real Estate Brokers (NAREB) is a dynamic professional organization to be affiliated with. The NAREB is a national trade association dedicated to bringing together nation's minority professionals in the real estate industry to promote the meaningful exchange of ideas about our real estate business and how best to serve its clientele. NAREB is the oldest minority trade organization in the country, founded in 1947. NAREB's mission is to serve the un-served, and develop creative and effective methods of doing so. Even though, the members are composed principally of African-Americans, however, membership is open to any ethnicity or gender being that believes in the "Democracy in Housing."  The NAREB offers many opportunities to any Real Estate professional to expe...
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