Archive for the ‘Realtor’ Category

Home buyer protection program guarantees your mortgage payment

Thursday, August 13th, 2009

If you are a first time home buyer in California, the California association of Realtors has a free program for first time home buyers that will guarantee a mortgage payment up to $1,500 per month for up to 6 months in the event of job loss.  In order to qualify, you must buy your home using a Realtor in the state of California.  You must not have owned a home in the last 3 years to be considered a first time home buyer.  You must close a home between 4/2/2009 to 12/31/2009 and it must be your principle residence and you must be a W2 employee.  If you are interested in taking advantage of this program call our office.  We will help you secure an Orange county home and qualify for this special free mortgage protection.  To read more about this program visit the California Association of Realtors for details.  This program is subject to availability of funds and is offered on a first come first serve basis.

Audio Case Study: An Intense Sell/Buy Decision

Thursday, April 5th, 2007

Cindy and Rob are past clients that decided to sell their Ladera Ranch home in November 2006. At that time homes were not selling well but they had a vision to capitalize on market weakness. They knew their home would sell at a discount, but the new bigger home would be discounted even more. Placing incredible faith in my recommendations and ability to get their Ladera Ranch home sold, Cindy and Rob got everything they wanted. A quick sale (for top dollar) and a huge discount on a beautiful view home in Lake Forest California. There were 3 key attributes that these clients had that really made this deal work.

1. They had a vision and could see the big picture. They realized it wasn’t about absolute selling price, but relative selling price. As long as they could get a bigger discount on the sale of their home in Lake forest and give a smaller discount on the sale of their home in Ladera Ranch, they would be adding to their net wealth and lowering their new payment.

2. They had the courage of their convictions. Even though everything didn’t go perfectly smooth for them, they kept the vision alive and put clear sensible boundaries on what they were willing to do and what they would not do. This is not easy to do in such an emotional time. They were not rigid over the small points but firm in what the overall big picture should look like.

3. They hired a real estate consultant. Yes I was their Realtor / real estate sales person, but their commitment to working with me and my commitment to obtaining the best possible outcome for them forged a relationship much stronger. They realized that years of training and thousands of hours working the South Orange County real estate market put me in a unique position to make recommendations that could give them the highest probability of achieving their goals. As their consultant, I put my clients best interests first, and they respected my recommendations. The end result – no hurdle was too big to overcome working as a team.

Click on the link below to launch this audio presentation: Enjoy!

D%3A%5CDR%20podcast.mp3

Home Prices May be Down, but the Market is Just Heating Up

Thursday, December 21st, 2006

As usual, a lot of the reports that have been circulating this and last month show gloom and doom in the Orange County housing market. But lets not forget, the data that they are posting is often based on home trends from 1 to 2 months ago. It takes that long for homes sold in September and October to close. And then the question comes up, well how long did it take them to analyze and publish this data?

If you want to know what is really going on the market today, I find the best source to be Realtors that are living it. I refer to this as being on the bleeding edge. Realtors typically live these trends 30 to 60 days before they are published. The good news today is that if your home has been priced correctly, being 5% to 7% below the high, your home probably has an offer on it right now. Every one of my listings that has been properly priced has gotten an offer on it in the past 2 months. It is exciting to see this kind of activity in the market. Looks like increased activity may lead to decreasing inventory. And with low interest rates, looks like Santa is going to give us a little momentum going into the spring selling season.

1031 exchange Language

Tuesday, November 28th, 2006

When writing an offer or selling a property to be used in a 1031 exchange, it is necessary to put specific clauses in the offer to protect the exchanger. The California Association of Realtors has created a form specific for that purpose.

In addition, William exeter of Exeter 1031 exchange has contributed the following for use in the specified transactions

Relinquished Property (Sale Property)

Buyer acknowledges that Seller intends to perform a 1031 exchange transaction pursuant to Section 1031 of the Internal Revenue Code and that Seller’s rights, title and interest (but not obligations) pursuant to this Purchase and Sale Agreement will be assigned to Seller’s Qualified Intermediary for the purpose of completing Seller’s 1031 exchange transaction.
Buyer agrees to cooperate with Seller and Qualified Intermediary at no additional cost or liability to Buyer, by executing the documents necessary to complete Seller’s 1031 exchange transaction.

Replacement Property (Purchase Property)

Seller acknowledges that Buyer is completing a 1031 exchange transaction pursuant to Section 1031 of the Internal Revenue Code and that Buyer’s rights, title and interest (but not obligations) pursuant to this Purchase and Sale Agreement will be assigned to Seller’s Qualified Intermediary for the purpose of completing Buyer’s 1031 exchange transaction.
Seller agrees to cooperate with Buyer and Qualified Intermediary at no additional cost or liability to Seller, by executing the documents necessary to complete Buyer’s 1031 exchange transaction.

For more information call John Daniel at (949)481-7358

Exeter 1031 exchange services, Inc. is a preffered accomidator for Daniel Realty & Investments

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