Secrets to finding great real estate opportunities
An audio recording from Bill Parsons explaining the techniques he uses everyday to find great real estate opportunities. [Read more]
VIP Buyers – Beat Other Home Buyers To Hot New Listings!
Tired of searching the internet for homes only to find out all the good deals are taken? You need to have the good deals come to you. Sign up to start receiving Hot New Listing straight to your inbox! [Read more]
Shasta County MLS Search
Search the Shasta County Multiple Listing Service (MLS). This is the same MLS that local REALTORS use. Search all available properties in Redding, and Shasta County. [Read more]
Redding Foreclosures
Receive a list of all available foreclosures in Redding and Shasta County sent directly to your email inbox. See all bank owned, REO’s, bank repo’s and foreclosed homes in Shasta County.[Read more]
City of Redding Home Buyers Program (DAP)
The City of Redding Homebuyer program formerly known as the Down Payment Assistance Program (DAP) was created in 1998 to provide direct loan assistance to qualified Low, Median, and Moderate-Income households wishing to purchase a home within the Redding city limits.[Read more]
Getting Pre-Qualified vs. Pre-Approved
The first step in home buying should be investigating your financing. Should you get pre-qualified or pre-approved for a home loan? We discuss the difference. [Read more]
The Escrow Process
What is escrow? We explain the title and escrow process and help you prepare for the successful close of your next home. [Read more]
Lease Option 101
With the current changes in real estate financing, investors need to know how to be creative in structuring their deals. We explain how lease options work and how to find them.[Read more]
Mortgage Rates Drop to Lowest Level of the Year
May 29, 2010 by admin · Leave a Comment
(DSnews.com) Mortgage interest rates have fallen to their lowest level of the year. Economists say homebuyers have the financial turmoil in Europe to thank for that, as overseas investors have put their dollars instead towards what they see as safer U.S. securities. The mortgage industry has been bracing for a rise in interest rates now that the Federal Reserve has ceased buying mortgage-backed... [Read more]
Zillow Reports Redding Home Values Up Slightly
May 25, 2010 by Josh Deknoblough · Leave a Comment
According to Zillow’s Real Estate Market Reports for March 2010, Redding home values were Up 0.23% compared to February 2010 and down 13.97% compared to March 2009. I am not sure how accurate the numbers from Zillow are, but it is interesting to track.
Fannie Mae Improves “First Look” Program for REO Property Sales
May 4, 2010 by Josh Deknoblough · Leave a Comment
First Look program helps owner occupant home buyers get first opportunity over investors to buy Shasta County bank owned (REO) properties. Fannie Mae’s First Look, initially started in late 2009, is designed to provide owner occupants a “first look” at Fannie Mae homes. Under this policy, Fannie Mae will only consider offers from owner occupants and buyers using public funds during the First... [Read more]
New 2010 California Home Buyers Tax Credit
March 31, 2010 by Josh Deknoblough · Leave a Comment
Yesterday the State Franchise Tax Board announced a tax credit for new home purchases and first time buyers. The new credit will start May 1, 2010. Here is some general information. Tax credits are available for taxpayers who purchase a qualified principal residence on or after May 1, 2010, and before January 1, 2011. Additionally, the New Home Credit is available for taxpayers who purchase a qualified... [Read more]
Key Interest Rate To Remain Low – Good News?
March 18, 2010 by Bill Parsons · Leave a Comment
According to what I read on Bloomberg’s web site, the Federal Reserve has decided to keep key interest rates near zero for an extended period. The Federal Reserve also confirmed that it will stop buying mortgage backed securities at the end of March. So, what does this mean if you’re thinking of buying a house and need a home loan? As you may know, the Federal Reserve is the central banking system... [Read more]
Redding Home Sales for January
February 9, 2010 by Josh Deknoblough · Leave a Comment
Redding homes sales were up when compared to last January, however price per square foot and the median home price continue to decline. The Shasta County MLS has 63 homes sold in Redding for January 2010 and 55 for January ’09. The average sold price per square foot for Jan ’10 was $127 compared to $137 this time last year. The median home price also declined from $241,988 last January to $219,131... [Read more]
Fannie Mae Removes 4 Property Limit For Investors
February 11, 2009 by Josh Deknoblough · Leave a Comment
Last Friday Fannie Mae announced that they are lifting the rule that limits investors to only four financed properties starting March 1st. Fannie Mae’s policy change will increase the limit of four financed properties to ten. This should get investors active again which will help keep the inventory of foreclosures and short sales down. Homeowners buying a 5th, 6th, 7th, 8th, 9th or 10th home... [Read more]
30% of U.S. Homebuyers Expect At Least A 50% Discount When Purchasing Foreclosure Properties.
December 16, 2008 by Josh Deknoblough · Leave a Comment
Trulia & RealtyTrac released the results of a new study conducted on their behalf by Harris Interactive ® showing notable decreases from their previous survey in the willingness to buy foreclosed properties with three-quarters of respondents expecting a discount of at least 25 percent on a foreclosure purchase. In the previous survey conducted seven months ago, 54 percent of all U.S. adults surveyed... [Read more]
