Explore Valley Springs, CA
By Jesse Coffey, Trust in Experience and Proven Results
(Roseville Real Estate Agent | Lincoln Real Estate Agent | Rocklin Real Estate Agent | Granite Bay Real Estate Agent)
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Valley Springs Home Sold | Valley Springs California Real Estate Agent Jesse Coffey | 7546 Pitt Ranch Ct Valley Springs CA 95252. SOLD! This wonderful home is located in the Southworth Ranch Estates neighborhood in the Wallace area of Valley Springs. The home was built in 2001 and is located in a very desirable rural area near wineries, Lake Camanche, camping, boating, fishing, and much more. The sale price was $475,000. We represented the buyers and had to beat out one other offer. We were able to assist our clients with purchasing the home well below market value and negotiated a credit for repairs.  7546 Pitt Ranch Ct, Valley Springs Ca. 95252. View all Valley Springs California homes for sale. How much is your Valley Springs California home worth? This wonderfully Valley Springs hom...
By Daniel Seider
(BTRE Big Trees Real Estate)
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Valley Springs CA – We often get asked if a short sale is even worth the effort. “Do I need to have my short sale “Approved” by my lender before I put my home on the market?” one seller asked us. “When I called my lender they wouldn’t talk to me about my short sale. I am concerned that they might do that when I finally sell the property and I’ll never get the short sale approved.” Discover how other sellers successfully did a short sale to avoid foreclosure by clicking here. Here was our answer. Most lenders will not talk to you about a short sale until you have several things in place. They want a solid offer from a pre-qualified home buyer along with all the necessary financial documents. Why do they do this? Because they only want to process short sales that will sell and close. Now,...
By Daniel Seider
(BTRE Big Trees Real Estate)
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Valley Springs CA – If you are selling your home, then ask the buyer to write a letter about why they want to purchase the home. If you are a buyer, then write that letter. Discover how other sellers successfully did a short sale to avoid foreclosure by clicking here. The listing agent will submit that letter along with the short sale paperwork. With a little luck that letter will help “grease the wheels” and cause the short sale to be approved faster. Short Sale negotiators are human beings. They have emotions that can be touched by a good story. These letters might sound like a joke, but they can make a huge difference. I’ve even seen home owners lose money on their sale because the liked a certain buyer over another one. In that case, the seller sold their home for several thousand d...
By Daniel Seider
(BTRE Big Trees Real Estate)
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Valley Springs CA – The Stop Foreclosure Institute recently received a question from Werner. “I am behind on my payments and thinking of just letting my home go into foreclosure. What does that do to the neighborhood?” he asked. Here is our answer to his question. It does hurt the neighborhood. But, it also hurts you. Discover how other sellers successfully did a short sale to avoid foreclosure by clicking here. Most banks do not do a good job and processing and handling foreclosures. They take 12-18 months to foreclosure on a house and then sell it. In the meantime they do little to maintain the home. I estimate that half of all the properties I have seen in foreclosure have never even been checked on by the lender. It has gotten so bad that one homeowner even started up a website to r...
By Daniel Seider
(BTRE Big Trees Real Estate)
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Valley Springs CA - In this case I would recommend you sell the house. Now, if you are reading this blog, then you must be researching a short sale. Which means that you are probably upside down on the home. You have three options. Option #1: Let your lender foreclose on the home. You just stop making the payments and surrender the home to your lender. Option #2: Short Sale the house and get the debt wiped out. A short sale offers the following benefits over a foreclosure. Issue: Can I get a Future Fannie Mae Loan? Foreclosure: The current Fannie Mae Guidelines require you to wait 5-7 years before you can buy another home with a Fannie Mae Loan. Most other banks and lenders have the same or even stricter procedures. Short Sale: If are back on your feet 2 years after the short sale, then...
By Daniel Seider
(BTRE Big Trees Real Estate)
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Valley Springs CA - The big banks made mistakes and received a bailout. They have the resources to lobby congress and the courts to have laws written to suit them. But, what has the little guy received? Nothing. So we decided to put together a Homeowner's Bill of Rights. It's time we had Washington look at what we want, versus taking care of the big banks. Considering that the big banks have way more rights than the little guy, here is what we think should be done to "level the playing field." The Homeowner's Bill of Rights. 1. Stop The Loan Modification Insanity! The Right to an open and transparent loan modification process. Any homeowner that can no longer afford their mortgage payment, petitions their lender for a loan modification, and it turned down shall receive a written, cohere...
Valley Springs CA - I am following up on a question from Arman. His loan was owned by Fannie Mae and the company handling the loan for Fannie Mae was rejecting an excellent short sale offer for no reason. Discover how other sellers successfully did a short sale to avoid foreclosure by clicking here. Here is a quick recap of what I recommended Arman do. Step #1: Call up IBM and demand a written letter explaining why they are declining the short sale offer. Step #2: Write down what you project your damages are going to be if the property is foreclosed upon instead of sold as a short sale. Step #3: Call up the company handling the loan for Fannie Mae and tell them if they reject the short sale for no reason and the house is foreclosed, then you will be suing them for those specific damages...
Valley Springs CA - The Stop Foreclosure Institute recently received a question from James. “My loan was just sold. I was making payments to CitiFinancial and they sold it to Nationstar. Is that good or bad?” James asked. Discover how other sellers successfully did a short sale and request a free consultation by clicking here. Here is the answer. It’s neither good nor bad. In fact, I don’t think your loan was sold. You see, most loans were packaged up and sold to Fannie Mae, Freddie Mac, or Wall Street. James’s loan was more than likely packaged up and sold off. I asked him who his original lender was. He said it was a company called First Magnus. (First Magnus declared bankruptcy in 2007 and was afterwards closed.) The Stop Foreclosure Institute has negotiated short sales on loans that...
By Daniel Seider
(BTRE Big Trees Real Estate)
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Valley Springs CA - Negotiating short sales is tough. In my opinion, some of the banks are not making good financial decisions. "We won't approve the file without the financials completely filled out," they say. Or, they tell you the numbers won't work when the investor guidelines actually say to approve the short sale. If the agent doesn't know who owns the loan (or their short sale guidelines), then the bank negotiators can lie to them. They don't know any better. Let me give you an example. Discover how other sellers successfully did a short sale and request a free consultation by clicking here. The Stop Foreclosure Institute recently closed a short sale that where the owner of the loan was the Federal National Mortgage Association, also called Fannie Mae. The bank's appraiser said t...
By Daniel Seider
(BTRE Big Trees Real Estate)
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Valley Springs CA - First, it benefits the owner of the loan. This is because they get to sell the house at today's price, versus what it will be worth 6-12 months down the road. I just did a comparison and pulled up sold listings. All of the listings were the similar properties in similar neighborhoods. First, I looked up the average selling price per SQFT of homes that sold in Spring. They sold for an average of $103 a SQFT. Then, I pulled up homes in the same neighborhoods that sold as REOs in the last 2 months. They are sold for an average of $85 a SQFT. These homes average 1,700 a SQFT. That means a 1,700 REO sold for $30,600 less. Ouch! Discover how other sellers successfully did a short sale and request a free consultation by clicking here. The other person that's getting value ...
By Daniel Seider
(BTRE Big Trees Real Estate)
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Valley Springs CA - I've heard the following myth from a lot of people. Here's what they tell me. "The banks can't afford to approve loan modifications because they don't want to take the losses on their books that fast. Also, their investors may not approve the short sale, because they can't afford to write off too much loss at once. And the circle goes around and around", they say. This common myth isn't true. Here is why. Discover how other sellers successfully did a short sale and request a free consultation by clicking here. The odds are that your loan is not owned by your lender. For example, 80% of all Bank of America's loans are not owned by them. The biggest holders are the Government Sponsored Enterprises, also called GSEs. The GSEs are Fannie Mae, Freddie Mac, and Ginnie Mae....
Valley Springs CA - The Stop Foreclosure Institute recently received a question from a homeowner facing foreclosure. I'll call him Dave to protect his identity. (Foreclosure is embarrassing and I don't want to put his name out there.) Dave asked, "I haven't made a house payment in a while. I'm just wondering how much longer it will be before I have to move out?" Discover how other sellers successfully did a short sale and request a free consultation by clicking here. Here is the answer to Peter's Question. It all depends on what his plans are and how tight he is on money. Most people in foreclosure are at a disadvantage because they how the process works. Here is the answer to his question. It all depends what on the state he is located in and whether or not his lender has started the f...
By Daniel Seider
(BTRE Big Trees Real Estate)
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Valley Springs CA - Yesterday's post talked about how banks lose money when they turn down short sale offers.  A recent study by Boston Consulting Group showed that a lender will net 20% more money on a short sale versus a foreclosure. Discover how other sellers successfully did a short sale and request a free consultation by clicking here. The reason is because short sales usually sell for more money than a foreclosure. A short sale is usually in good shape, while a foreclosure is usually in disrepair. Most economic experts say housing is the biggest drag in today's economy. Every single foreclosure that sells for less money drags the rest of the housing market down. Homeowners often move out after they stop paying. The yard becomes overgrown. This drags the resale value down. In addit...
By Daniel Seider
(BTRE Big Trees Real Estate)
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Valley Springs Ca Vacation and Cabin RentalsFor a list of Valley Springs Cabins and Vacation rentals available in Valley Springs California, Click HereFor Free Access to Search the MLS Like a Realtor Click Here   Big Trees Realty would like fullfill your dreams of having the special getaway in the Mountains or just a wonderful vacation in the Sierra Nevada Mountains that the Bear Valley, Arnold Area provides. We will welcome you to a friendly, small town atmosphere that are small towns of Arnold, Dorrigton, Murphys, and Angels Camp brings in the beautiful Sierra Nevada Mountains . We are knowledgeable Real Estate Brokers who know how to get the job done, get a good deal and are responsive to all your real estate needs. Providing you prompt service, personal guidance and professional com...
Dorrington RealtyLinda PaytonOffice 209-795-4455Toll Free 866-912-4455Fax: 209-795-1144Email: Payton@DorringtonRealty.comTo search for Valley Springs CA real estate, Valley Springs cabins - and Valley Springs Vacant Land click hereThis search will allow you to search for homes, cabins, and real estate in the towns of Angels Camp, Arnold, Avery, Burson, Camp Connell, Copperopolis, Dorrington, Glencoe, Mountain Ranch, Murphys, San Andreas, Valley Springs, West Point.Dorrington Realty would like to welcome you to a friendly, small town atmosphere in the beautiful Sierra Nevada Mountains . Ours is a full service office offering a professional staff dedicated to help you buy or sell your home or lot.  We are experts in the Scenic Highway 4 corridor, including Big Trees Village, Snow Shoe Spr...
By Richard Perkins
(R PERKINS REALTY)
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I must start by saying some of these adds on TV are working to draw people to these foreclosure auctions. You must really check these auctions out before you waste a bunch of time. Last week I myself kind of got caught up in one of the auctions that is coming up in California. The minimum bids suckered me to start checking out some of these homes. Things started to look real good until one of the hosts made the comment to me that! The bank has to approve the final bid. I replied - what in the world am I wasting my time on this for, another sucker was born! I went back to my office and called the auction and sure enough. Some of these auctions are reserve auctions and the bank has a right to review the price and not sell if they don't want. ( Anyway it's deep in the terms of the auction ...
By Richard Perkins
(R PERKINS REALTY)
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This is the time of year you make that special time for your family. Life is very tough and we always get caught up in the hustle and bustle of everyday life. Now is the time you just forget about that and spend that quality time with the family you love. These are the times you will cherish in years to come and these are the memories you will make for the future. So don't forget tonight when you go to bed to unplug the switch and wake up tomorrow with that different attitude. Tomorrow is the time for the family you love. Everything else can wait!I only wish, years ago when I was younger, I would have followed my own advice! Sometimes we are blind to whats in-front of us and it to late when we see it! Life goes by very quick to quick!  Anyway wishing you all a very happy holiday! Please...
By Richard Perkins
(R PERKINS REALTY)
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I am seeing several more great buys this week. Calaveras has some great buys right now. I have seen several newer homes in the valley springs area for sale that appear to be great buys. I don't feel you can buy a vacant lot , pay for permits and build the home new for what many are being sold for. Thats what you have to look at and that is replacement cost. The question, what would it cost me to build that house? People you need to do your research and you will see with your own eyes that a lot of the properties on the market are great buys. I have seen homes in the 120.00 a foot range and even lower. That is crazy, there is no way you can build it for that. Land, permits and building cost will run you more than that. Now if you are looking for a real estate bargain and are in it for th...
By Richard Perkins
(R PERKINS REALTY)
Comments 1
I can not quite understand the mentality of some people!They are questioning this buyers market. The market is right for the picking right now. All buyers of real estate should do there research and pick this market clean. The buys are out there and you should do your research and go for it. I see so many experience long time investors, buying now!I have been in the real estate and building industry in California all my life and have not ever seen opportunity like this before. Watch the quiet investors they are out there picking this market like it was a grape vine. Two years ago I saw people buying the same properties for twice the price. Actually I witnessed buyers fighting and bidding on properties for twice this market. Whats up with people, why are they questioning. Go for it you w...

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