Posts Tagged ‘Real Estate’

Good Deals

January 29, 2009

The market is full of good deals out there right now.  I have seen three nice 2 bed 2 bath condos in Orangevale for under 82,000.  Tow of them are under 70,000.  My only hold back is that I am not sure if they can do FHA loans, because I do not know what their level of home owners vs investors is to the ownership in the HOA.  But now would certainly be the time to look at buying something like this.  The mortgage payment including the HOA taxes and insurance would be less than 900 on any of them.  I have told several of my friends about these opportunities and many have shown interest.  I am looking for myself also however my wife is not excited about living in a condo.  Still I can’t help but think this is a great time to buy something and hold on to it for a few years until the market returns.  There has never been a 10 year down cycle in real estate in California, and we are in year 3 of the decline.  things would have to start picking up in the next few years in order for home values to exceed what they were in 2006 by the year 2016.  Just a little food for thought.  If you have any questions about buying an investment or first home, or next home, please feel freed to email me at


House Hunting

January 26, 2009

I took my best friend Steve out to look at some homes last week and then again this weekend with his Dad.  We have found to homes that meet his liking in the OV, and he is debating which one is better for him and his son.  I liked both homes.  One has a very large lot and is well done inside.  the other is a nice fit also, but it doesn”t have the wow factor of the larger lot home that has lots of upgrades.  The second of the homes is larger in square footage and has 4 bedrooms as to three.  Both are located in good spots and I think he would be happy with either.  The larger lot home as a lot of landscaping to do and maintain.  The other has a nice sized yard and would not require as much work.  It will be fun to help my friend get his first home.  I am excited for him and think he will enjoy making the home his own.  Plus he will have an extra bedroom for me.  In this real estate market their are great opportunities for first time buyers, and Steve has the chance to take advantage of this and build his wealth for the future.  I can see him living in either home for a long time and building equity for him and his family.  Of course I will be trying to get him to put in a pitching and putting green for us to play on.  Good luck bro!

Adopt a Family in Folsom

November 4, 2008

I asaw in the Folsom Newsletter the Adopt a Family Drive from the Folsom Police Department and the Twin Lakes Food Bank.  After I asked my Step dad and company owner, Rory, if we as a company shoudl participate and he was all for it.  The program asks the Donater to buy a Christmas dinner for a family and provide two gifts for each child. 

I am excited about this and am trying to come up with a good contest or raffle to get our 50_ agents involved.  I think that Christmas is one of the best times of the year and making some young child whose family may not have much for the holiday smile is a great feeling.  Anyone who wants to participate with usat Avalar Real Estate and Mortgage can email me at and if you would like to adopt a family of you own you can contact the Twin Lakes Food Bank in Folsom at (916) 985 6232.  Have a wonderful holiday season.


October 27, 2008

Recently I went through the process of getting certified to do CALPERS loans.  CALPERS loans are only for members of the CALPERS system and allow CALPERS members the opportunity to use there contributions to the CALPERS system as a portion of their down payment on a home.  By taking a personal loan against their retirement the member can bring in the remained of what financing they need to get into a home with nothing down.  In this difficult market this is a huge benefit to CALPERS members.  By taking a first mortgage of up to 90% and then using other programs such as the Access Program as a second of up to 8% and the personal loan against their retirement a member can reach 100% financing.  These loans are full doc and carry Mortgage insurance if they LTV is over 80%.  The other nice benefit is that CALPERS buys the loans, so the interest paid on the loans help to solidify the CALPERS system.  There are hundreds of thousands of CALPERS members, both active employees of the state and retired members.  This program provides many Californians with the opportunity to get financing and help solidify their retirement system.  If you are a CALPERS member and are interested in buying a home please let me know.  I can show you how you can reach your goals of home ownership.

Open House August 9th in Elk Grove

August 8, 2008

$349900 Bank Owned OPEN HOUSE SUNDAY AUGUST 10th (Elk Grove)

Come meet our team, Nick, Kim, and Sue, as we hold this great oppertunity for move up and even first time home buyers open this Sunday August the 9th at 11am to 4 pm. Find out about the real estate market and check out links to search all homes in the area on my blog at

5300 Lotus Pond Elk Grove CA 95757

Only 3 yr old Turn Key 5 Bd 3 bath. Corian kitchen counters, NEW stainless steel appliances. New tile floor in kitchen, Laundry room, hallway, down stairs bath. NEW interior paint and front/rear yard landsciping. One block Walk to Walk/bike trail. VERY CLEAN.Bedroom and full bath downstairs.

Directions to Property I-5 to Elk Grove blvd go south on Franklin, left on Whitelock right on Mclean to Lotus Pond. Or Hwy 99 to Elk Grove left on Bruceville, R on Whitelock, L on Franklin High, R on Mclean to Lotus pond.
This home is listed by Thompson & Brown Realty not us and we are holding it open with permission from the listing agent.

Sacramento County Statisic for Homes

August 4, 2008

These are the active currently pending and sold date for all of Sacramento county and the portion of those that are REO listings (REO stands for Real Estate Owned or Bank Owned)


Total Units

Dank Owned Units

AVG Price Total

AVG Price Bank Owned






Pending Sale





Sold in July





Sold IN June





Sold In May






Open House Went Great

August 4, 2008

Kenberlynn and I had a great open house this weekend out in Elk Grove.  There are a lot of great deals out there.  The home we held open on 10126 Clairina was almost 3000 square feet and was listed for $314,000.  The home needed some work like new carpet and landscaping, but that is typical for an REO property.  We had several interested parties come through and met several interesting people.  Kenberlynn and I will be back out in Elk Grove next Sunday for another open house if you would like to swing by and see what great deals are out there then check back here later in the week for details.


July 31, 2008

Hello all,

I am holding a bank reppo open house this Saturday in Elk Grove with Kenberlynn one of my favorite agents with Avalar.  We will be at 10126 Clairina Drive in Elk Grove from 12 noon until 4pm.  Stpp on by.

We will be holding the home open for Zoritha Thompson a great REO agent with Gorse and Thompson Realty.

Directions  Bruceville to Franklin High to Clairina
Property Description  WOW!! What a steal for this 5bed/3bath home nearly 3000 sq.ft in good condition. This is a MUST SEE!!

I can pre-qualify you on the spot for this home and more.


June 19, 2008

As many of you might know the majority of my business comes from referrals.  I do my best to make sure that my clients needs are met and that they are happy with the process.  I am writing this post to remind those friends and family members as well as any of you who have come to know me through my blog that you referrals are always appreciated.  I take of mortgage I work on seriously and care very much for my clients success and take pride in not just helping my clients get the right mortgage, lowest rate, but also in helping them with any of their real estate needs through my network of co-workers.  If you think of anyone in need of refinancing or purchasing a home please don’t hesitate to let me know.  I will treat your referral with the same respect as I treat you and make sure that they see how good of a friend you are by referring them to me.  Thank you for your consideration and enjoy the blog. 


June 11, 2008

If you were looking for the bottom of the real estate crash, you missed it.  As we move into summer I am seeing more and more homes in multiple offer situations.  Investors have come back to the market place and first time buyers are scambling for deals. 

What should you do now?

If you have been waiting for the bottom to buy you first or next home, or maybe even an investment property, you should get going now.  while there will be great deals for a while to come yet, the fact is you will have to act quickly now in order to get them before someone else does.  Interest rates have climbed slightly and lenders are beginning the process of letting up on the tight guidelines.  Go to the blog roll to search homes on the market and email me to get started on getting pre-qualified.  Now is the time to move.