As per the Bay East Association of Realtors, days on Market (DOM) for the Fremont area year-to-date is around 76. The median single family home price in Fremont for April was $484,000. As of the last day of April there were 304 active homes in Fremont. At current selling rates this means there is approximately 3 months of inventory in Fremont remaining.

Homes Sold by Meena in Fremont 

To see all my virtual tours click:

Meena’s Virtual Tours

http://www.helpusellachievers.com

One thing that we are guilty of when trying to sell our house is overpricing. Naturally, we love our house and feel its worth whatever we think its worth. This may not necessarily be true in the minds of your ideal buyer. You see overpricing your home will actually attract fewer potential buyers and cause it to sit on the market. And as you know, the longer the house sits on the market, the less likely it is to get sold. There are other potential negative effects of having your home of the market for too long:

1. You will get a low level of brokerage activity. The showings tend to decrease for homes that are perceived as being priced at “out of market” ranges.

2. Less views by buyers. As mentioned above, less buyers will view your home as it out of their price range.

3. Difficulty in financing. Lenders tend to look at fair-value pricing to determine the amount they will finance. Often, they will make the buyer come up with the difference in cash.

4. Negative perception. The longer your home stays on the market, the greater the chance of it being perceived as “stale.” This will still be the case if you reduce the price.

Bottom line: Pricing your home at the right place will exponentially increase the number of potential buyers and reduce the time it takes to sell.

If you want an expert opinion to judge how much your home is worth or if you are a buyer looking for homes in 94539 zip code, give me a call at 510-279-9580. For more information you can also go to my Help-U-Sell Achievers Realty Website at http://www.helpusellachievers.com

It’s a tough economy out there today and homeowners around the country, in numbers never before seen, are struggling to stay afloat. Job losses, declining property values, a mortgage that now exceeds the home’s value – all of these can create a financial situation that requires some tough decisions.

When you can no longer make your mortgage payments, you have three options:

1. Loan Modification: If your loan payments are too high, loan modification might be an option for you. For example, you could qualify for a lower interest rate. Loan modification is a solution that enables you to keep your house without negatively impacting your credit rating.
2. Short Sale: In a short sale, your bank or lender may agree to let you sell your home for less than the balance owed on the loan in order to help you prevent foreclosure and help the lender avoid a larger loss on your loan.
3. Foreclosure: In the event that a short sale or loan modification is not the right option for you, the next step is foreclosure. Foreclosure is a process whereby your lender takes over your property for nonpayment of the mortgage. In California, this can occur after two or three months of delinquent mortgage payments.  The timeframe varies depending on the lenders guidelines.

Regardless of your situation, you need someone who can help you understand what your choices are, help you take the step, and work with you to negotiate with the right lender to get the best deal.

That’s where I can help. With 22 years of real estate experience helping clients navigate through the process, I will work with you to understand your situation and help you choose the option that best fits your needs. I can show you how to negotiate a loan modification with your lender. I can help you find a buyer for a short sale and help you get the best offer possible. And if foreclosure is your only option, I can work with you to help you take that next step. If your home is located in the greater Bay area or the East Bay, I would be happy to help answer any questions you have.                                          You can reach me 510-279-9580.

These financial strategies are complex and you need someone you can trust. Someone who has your best interests at heart, and who has the experience, expertise, and the focus on delivering excellence that will move this process along for you as quickly as possible.

  

Meena Gujral

510-279-9580

Help-U-Sell Achievers Realty

http://www.helpusellachievers.com

Buyers must get an inspection on any home they purchase. Go through all the disclosures provided by the sellers since only the seller knows where the leaks or other problems are (or were), but buyers also need to take the time to inspect and understand the house for themselves.

The buyer should give the responsibility of inspecting a house to a home inspector. Inspectors understand homes and know what does and doesn’t constitute a genuine problem that a buyer should be concerned about.

Buyers should be prepared to put on their coveralls and follow the inspector around — on the roof, in the attic, under the house — everywhere their physical abilities will allow them to go.  They should ask questions, learn about how it works, make sure they understand what’s broken and what it’s going to take to fix it.

After the inspection report is received, buyers may be able to negotiate with the seller to get any corrective work done on the property or receive a credit from the seller. In the case where the property is Bank Owned, that may not always be possible, but ask your agent to present your request to the seller or the bank anyway.

As per the information received by the Bay East Association of Realtors, Days on Market (DOM) for the Fremont area year-to-date is around 67. The median single family home price in Fremont for November was $470,000. As of the last day of November there were 367 active homes in  Fremont. At current selling rates this means there is approximately 4 months of inventory in Fremont remaining.

Homes Sold by Meena in Fremont 

http://www.helpusellachievers.com

 

 

 There are several other factors to be considered before writing the offer and deciding on the price in any area. Are you working with a Real Estate agent? If you are, your agent can do some research to find out if the asking price is:

1. Fair market value?

2. What do the comparable sales show the value in Mission San Jose or Ardenwood area to be?

3. Do they have any other offers?

4. What is the seller’s motivation?

5. How many other homes are on the market in the area? (Supply and Demand).

6. Are there many foreclosure homes in the Mission or Ardenwood area in Fremont ?

If you are looking for homes for sale in Fremont, please call me at 510-279-9580 and I would be happy to help you.

Homes Sold by Meena in Fremont 

Click below to see the You tube video on Fremont Mission San Jose Schools:

you tube video 

To see all Meena’s virtual tours click:

Meena’s Virtual Tours

 

510-279-9580

Help-U-Sell Achievers Realty

www.helpusellachievers.com

 

 

 

 

 

Days on the market for the Fremont area year to date as per statistics from the Bay East Association of Realtors year to date is 66 (DOM). The median single family home price in Fremont for October was $573,000. As of the last day of October there were 395 active homes in Fremont California. At current selling rates this means there is 4 months of inventory in Fremont remaining.

You should be engaging a realtor to help you no matter what kind of property you are planning to buy. REO properties are also listed with agents who are representing the bank in this case instead of a “normal seller”.

 

You need someone to represent you, to be able to negotiate your offer, justify the price and tell you all the good and bad, pros cons about the house, neighborhood, Fremont schools compared to the Mission San Jose and Ardenwood schools and location. Your transaction would be just like any other except that the Bank may have some additional paperwork needed and that is all the more reason for you to have an agent who can explain all this to you.

 

They also expect an “as is” deal but so do other sellers. That basically means if you get inspections done and there is a lot of work needed, and the seller (or Bank) does not want to fix it or credit you back for it, you can back out of the deal and get your deposit money back.

 

If you are looking for Fremont homes for sale, Homes for sale in Mission San Jose, or a real estate agent specializing in the East Bay, please call Meena Gujral at 510-279-9580.

 

Please go to the link below to see the youtube video for Mission San Jose Schools:

 www.youtube.com/watch?v=opBfHXePM2Y

 

Homes sold by Meena in Fremont, CA

 

 

 http://www.helpusellachievers.com

 

To see all my virtual tours click:

Meena’s Virtual Tours

 

 

 

 

1. The realtor will listen to what you are saying and show you the type of house you want, and in your price range focusing in the Mission San Jose area. Your time is valuable and the agent won’t waste it by showing you what you don’t want or can’t afford.

2. The realtor won’t push you into buying a home. Buying a home is one of the biggest purchases you will probably ever make and it is also one of the most stressful. After all, you are the one who will be living there.

3. The realtor will put all the information you provide her/him for Mission San Jose, Fremont into their office computers and this way they can let you know, on a daily basis, which houses have just been listed and which houses meet your requirements. Quite often you will beat the For Sale sign, thus giving you the opportunity to be one of the first to view the property.

4. The realtorwill always answer your questions honestly, and to the best of their knowledge. If they don’t know the answer to your question, they will find out for you or direct you to someone who can help.

5. The realtor will always look after your best interest and not worry about their commission. They will show you all properties that meet your needs even if they are being offered less commission than other properties.

6. The realtor will discuss the highest rated Fremont schools and how they affect the values of the homes in Fremont.

7. The realtor will negotiate the offer and get you the best price possible. They will present your offer in person to the seller, thus have the seller understand why they should accept your offer at your price.

 

Homes sold by Meena in Fremont, CA

 

Click here to see Meena’s Virtual Tours

I am in the Fremont area and I can certainly see that the market is picking up in most areas of Fremont unlike Hayward, Newark and Union City which are still very slow in comparision.

One of my listings in Fremont in the Cabrillo area sold at the first open house within 6 days of being listed with two offers. It was priced at market value. As a matter of fact there were two houses listed on the same street that were priced below my listing.

It is important that your agent price the home correctly, not necessarily the lowest in the area, but looks at the sold homes in the last 2-3 months and of course, the condition and upgrades in the property and prices it accordingly.

You also need to see who can give you good web presence since internet exposure is more important now than ever before.

And last but not the least, make sure the house is in the best condition possible so buyers will without a doubt want to buy your home when compared to all the homes on the market.

We do not know how the market is going to be in the future, and we do not want to rush you into selling by saying now is the best time to sell. All I can say is that things are starting to happen in Fremont and if you are also thinking of buying a house, it may be good for you on that end since you will be able to negotiate a good price there depending on where you are moving to.

I had sellers last year who told me they wanted a certain price for their home in 2007 which was higher than what I had advised or they would wait till 2008 to sell since they felt they were not getting enough. Well, guess what? Their home lost further in value and now I am negotiating a short sale with the bank or it will go into foreclosure.

The conforming rate as well as the Feds rate cuts should help in the market picking up. It is just a matter of time.

Meena Gujral
Help-U-Sell Achievers Realty
Fremont
Ca. 94539
510-279-9580