As per the Bay East Association of Realtors, Days on Market (DOM) for the Fremont area year-to-date is around 69. The median attached home price in Fremont for September was $561,900. As of the last day of September there were 210 active homes in Fremont. At current selling rates this means there is approximately 1 month of inventory in Fremont remaining. 

Are you looking to do a short sale? I specialize in Short Sales. I have had a 100% success rate with my short sales. Are you a For Sale By Owner? I can show you ways of selling through Help-U-Sell to save thousands of dollars and sell your home quickly for a low set fee.

If you are looking to buy a home in the East Bay,  or a list of Fremont Homes for sale, Real Estate listings, California Real Estate please call Meena Gujral at 510-279-9580 or go to my website at :

http://www.helpusellachievers.com

To see all my virtual tours click:

Meena’s Virtual Tours

Homes Sold by Meena in Fremont

When a borrower is no longer in a position to make the mortgage payments, is facing foreclosure and the current market value of the property–including escrow costs–is less than the loan on the property, the borrower may consider a short sale.  This could save the lender the expenses of foreclosure proceedings and from having another REO property on its books.  From the borrower’s perspective, the short sale prevents having the foreclosure on the borrower’s credit history, and releases the borrower from an obligation that he or she can no longer afford.

In essence, a short sale is a sale transaction subject to a lender’s approval in which the lender consents to a sale of the security interest for less than what is owed on the note and accepts the proceeds in full satisfaction of the loan amount.  A short sale requires much paperwork and preparation on behalf of the borrower.  Typically, before applying for a short sale, the seller must have an offer from a ready buyer and all the paper work prepared to present to the lender.  The buyer of the property must also be prepared for a protracted time period to conclude the purchase of the property.

Lenders will report the short sale as being settled for less than the full balance.  This would show up on the borrower’s credit report as a negative mark for seven years. Before a short sale is contemplated, it is strongly recommended that the borrower seek the advice of a professional tax advisor.

The borrower’s home should typically be on the market with a realtor who has the knowledge in negotiating short sales

I am told that lenders would rather do a short sale than a foreclosure, but it certainly does not seem that way when you try to do it.

I have negotiated several short sales so I can speak from experience. I lost a few buyers in the process and had to put the listings back on the market a few times, but after a lot of hard work and patience the properties sold at the short sale.

The real challenge is when there are two loans on the property. You start with the first lender. They do not respond quickly and in a declining market, the value of the home goes lower than the offer that was received. The lender wants to do 2-4 BPO’s on the property. If the BPO comes higher the buyer backs out. The roller coaster starts again. You look for a new buyer, the buyer offers a price that the bank wants, the bank takes a while to look into this offer and finally approves it.

Now you are ready to negotiate with the second lender. They demand that the first lender pay them $10k. The first lender only agrees to $2000-$5000. You go back and forth for a month and the buyer backs out again just when you thought you had done it this time.

Agents are so put off by the whole process that they don’t want to sell a short sale listing. And then there are agents that will list it but are not motivated enough to follow up with the lenders. They think that the lender said they will respond in a week so even when they don’t hear back, they do not want to call the lender again and in a short sales situation, as an agent you need to call the lenders every week and keep following up till the approve the short sale.

From all of this you can see the patience one needs in dealing with the challenges of a short sale. It just does not make sense as to why the banks cannot get their act straight and help in making the short sales easier since it is a win-win situation for them, and the seller who can avoid a foreclosure and of course the agent and the overall market since the foreclosure properties are bringing the prices down.

I have had a 100% success rate dealing with short sales and all the different lenders in the industry. If you are looking to do a short sale and need to talk to a short sale specialist, please call me at 510-279-9580. I would be happy to discuss what it takes to do a successful short sale.

Mission San Jose listed by Meena

As per the Bay East Association of Realtors, Days on Market (DOM) for the Fremont area year-to-date is around 71. The median single family home price in Fremont for August was $575,000. As of the last day of August there were 224 active homes in Fremont. At current selling rates this means there is approximately 1 months of inventory in Fremont remaining. Inventory is very low and there are many buyers in the market who are unable to find a home. Most listings are selling over asking price with multiple offers in a few days of being on the market.

Are you looking to do a short sale? I specialize in Short Sales. I have had a 100% success rate with my short sales. Are you a For Sale By Owner? I can show you ways of selling through                  Help-U-Sell to save thousands of dollars and sell your home quickly for a low set fee.

If you are looking to buy a home in the East Bay, please call Meena Gujral at 510-279-9580 or go to my website at :

http://www.helpusellachievers.com

To see all my virtual tours click:

Meena’s Virtual Tours

Homes Sold by Meena in Fremont

My listing in the Mission area

I have had two transactions recently where I have faced appraisal issues in Mission San Jose Fremont, Ca. In one of them I was representing the seller and the property appraised $20K less than purchase price. The buyer and seller agreed to split $10K each where the seller came down $10K and the Buyer brought in an additional $10K and we successfully closed escrow. It really helps when the client is willing to take the advice of the agents and do what is necessary since no one can control the appraisal decisions.

In the second transaction I was representing the buyer and the appraisal was only $10K under the purchase price. The seller refused to budge on their price. The buyer did not have the additional cash plus he felt he did not want to pay more than appraised value. Needless to say we lost the deal and the buyer walked. The seller has not been able to get an offer and the property is still on the market.

As you can see, appraisal issues are everywhere. We need to deal with them and try to make it work out where both the sellers and buyers are satisfied at the end of the day. Putting the house on the market is not the best solution. You will face the same problem again. Plus everyone will want to know why the house came back on the market. When they hear it was because of appraisal issues, the offers will come a lot lower than your last one so you may as well work with what you have in you hand and get it closed. Hope that helps.

If you are looking to sell your home for a LOW SET FEE or how you can save thousands of dollars when buying a home or selling your home, call Meena at 510-279-9580

To see all the homes I have sold and listed in Mission San Jose and other areas of Fremont, go to :

Homes Sold by Meena in Fremont 

http://www.helpusellachievers.com

To see all my virtual tours click:

Meena’s Virtual Tours

Meena Gujral, Realtor

Help-U-Sell Achievers Realty

40083 Mission Blvd, Fremont, Ca. 94539

510-279-9580

Sell your home for a Flat Fee with Help-U-Sell Achievers Realty !

1. We handle all negotiations, paperwork, contracts and counter offers to get you the best possible price and maximum net proceeds.

2. We open escrow, manage your transaction through the closing, and communicated with you regularly!

3. We guarantee in writing to advertise your property every Week on many internet websites.

4. We use our exclusive marketing system to get you buyers.

5. We notify potential buyers currently looking for a property like yours.

6. We hold Open House with professional full color property brochures if you chose that option.

7. We cooperate with other agents and put your listing in the MLS if you choose that option.

8. We assist in pre-qualifying buyers and help them obtain financing (there are many options).

9. Take Digital Photos for flyers, internet sites and Virtual Tours. Place Open House ad in more than 20 websites.

10. We itemize your closing costs and give you a written estimate of your net proceeds.

11. We help you avoid problems, assist you should and arise, and work to save you money in all the hidden parts of the transaction.

12. We coordinate with lenders, appraisers, inspectors and other professionals and help you until closing.

13. In other words we are Full Service Realtors with the ability to save you thousands of dollars in commission.

14. We give you staging tips and make your house show its best.

Call Meena Gujral at 510-279-9580 for more information to learn more about our flat fee options. I have been selling Real Estate for 23 years.

Help-U-Sell Achievers Realty

510-279-9580

DRE license # 00950378

http://www.helpusellachievers.com

40083 Mission Blvd, Fremont, Ca. 94539

Fremont home, 94539

As per the Bay East Association of Realtors, Days on Market (DOM) for the Fremont area year-to-date is around 71. The median single family home price in Fremont for July was $550,000. As of the last day of July there were 266 active homes in Fremont. At current selling rates this means there is approximately 2 months of inventory in Fremont remaining.

Information obtained from Data Quick information systems shows Bay Area home sales rose last month to the highest level for a July in four years as deals above $500,000 continued to accelerate. The median sale price climbed above the prior month for the fourth consecutive month, lifted by the combination of more high-end transactions and fewer sales of lower-cost, lender-owned foreclosures.

Loans above $417,000 accounted for 30 percent of Bay Area home sales last month – the highest since they represented 31.9 percent of sales in August 2008. Before the August 2007 credit crunch, such “jumbo” loans over $417,000 represented more than 60 percent of sales.

Sales of $500,000-plus existing single-family detached houses rose to 35.6 percent of all house resales last month, up from 34.1 percent in June and up from a low this year of 22.7 percent in January. Last month’s $500,000-plus sales were the highest since they were 38 percent of sales last September.

As high-end sales have taken off in recent months, sales of foreclosures in less-expensive inland areas have tapered off. Last month 34.2 percent of the Bay Area homes that resold were foreclosure resales – homes resold in July that had been foreclosed on in the prior 12 months. Last month’s foreclosure resale level was the lowest since it was 33.3 percent in July 2008. Foreclosure resales peaked at 52 percent of all Bay Area resales in February this year.

In the San Francisco Bay Area and across California we continue to see the market moving gradually back toward a more normal balance of sales across all price ranges. The high end of the market finally has a pulse and that has led to a swift rise in the median sale price. Evidence is mounting that in some areas we’ve approached at least a soft bottom for home prices. A total of 8,771 new and resale houses and condos sold in the nine-county Bay Area last month. That was up 1.5 percent from 8,664 in June and up 15.6 percent from 7,586 in July 2008. Last month’s sales were the highest for the month of July in four years, and the highest for any month since August 2006.

Based on this information, I would certainly agree that the market is picking up in Fremont and all over the Bay Area.

If you have any other questions or would like to reach me, please call me at 510-279-9580 or go to my website at www.helpusellachievers.com

To see all the homes I have listed and sold in Fremont, go to: http://www.helpusellachievers.com/About_Fremont/page_2046181.html

To see all my virtual tours in the East Bay area please click: Meena’s Virtual Tours

Fremont Homes Blog 

Meena Gujral

Help-U-Sell Achievers Realty

40083 Mission Blvd, Fremont, Ca. 94539

510-279-9580

If you’re the owner and want to sell your home in Mission San Jose, it may be a good idea to get an appraisal before deciding on the price through your realtor. The home prices in Fremont, especially in Mission San Jose area can easily vary by $200K-300K  between similar properties so you want to make sure you are priced at market value to sell quickly. Even though your realtor has the knowledge of the area and can certainly help in providing the comparables, most sellers still want to list their home higher than the recommended price by the agent. Therefore with an appraisal, both the seller and agent know that the property is priced correctly and can handle buyer objections when they have the appraisal report on hand.

A key factor in your home’s valuation is the recent sales prices for houses that have sold within the last 6 months and are comparable to yours and the homes for sale in Fremont currently. But your appraiser may not know if there is some unusual circumstance behind those numbers, such as a divorce or a job relocation. So ask a real estate agent to help you with recent comparable sales in your area and try to get the scoop on the circumstances from your neighbors. Most appraisers will appreciate extra information.

Before the appraiser arrives, prepare your home for the evaluation the same way you would for an open house. Make sure the yard looks good, tidy up the house and pick up clutter from the floors.

An appraiser cannot notice and research every detail of your house and neighborhood. So before he leaves your house, hand him a list of its best attributes. For example are there any recent upgrades or improvements in the house itself, such as remodeled kitchen and baths, new roof, additions with permits, any views or mature landscaping, and the benefits of living in your neighborhood, such as access to top schools or public transportation.

Request a copy of the final report when it’s done; lenders are required to give it to you. Check for errors in key stats, such as square footage, and make sure that the comments portray your property accurately. If you find a mistake, call the appraiser directly and ask him to make the changes.

If you have any questions about Fremont homes for sale in California or are looking for homes for sale in Ardenwood, Mission San Jose Fremont, or looking to sell your home in Fremont, please call me at 510-279-9580. I can tell you how I can save you thousands of dollars when selling through Help-U-Sell Achievers Realty.

Homes Sold by Meena in Fremont

If you would like to see all my virtual tours on my listings in Fremont, California please go to Meena’s Virtual Tours.

You can also go to my website at http://www.helpusellachievers.com and sign up there to receive automatic e-mails when a new listing comes on the market matching your criteria.

Meena Gujral

meena.gujral@comcast.net

Help-U-Sell Achievers Realty

40083 Mission Blvd, Fremont Ca 94539

510-279-9580

Shopping for a home is an emotional experience. I am going to share some tips on making your home purchase in Mission San Jose, Fremont less stressful and more enjoyable.

The first step should be to get financing pre-approval. When you are shopping for a home, this gives you more power. A seller is more likely to consider an offer from a serious buyer. Plus you will know what your price range should be. You may be looking at homes that you really want to buy but cannot qualify for.

Determine what your needs and wants are in a home? How much space do you really need?  Outline all of your priorities, and work on finding not just a great home, but a great home for you.

What price do you offer a seller? Is the seller’s asking price at fair market value? Is it a deal? Without knowledge of the market, your offer could be too much. Or worse, you could miss out on a great buying opportunity. Hire the right Realtor and trust that person to represent your interests. In this market the lenders have very strict guidelines for their appraisals. So even if you are willing to pay the seller more than asking price in a multiple offer situation, the appraisal may come in lower and you may be back at the negotiating table.

Make sure you get an inspection on the home. A good inspection will uncover any flaws you need to be aware of before you complete the purchase of the home. Your offer should be contingent to disclosure, inspection, appraisal and loan contingency.

Check the title of the property to make sure it is free of all encumbrances. Your Realtor can supply you with a copy of the title to ensure there are no liens, debts, undisclosed owners, leases or easements against the title.  

If you would like to see all my virtual tours on my listings in Mission San Jose Fremont and zip code 94539, please go to Meena’s Virtual Tours.

You can also go to my website at http://www.helpusellachievers.com

Meena Gujral

Help-U-Sell Achievers Realty

510-279-9580

As per the statistics from 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 June was $549,000. As of the last day of June there were 276 active homes in Fremont. At current selling rates this means there is approximately 2 months of inventory in Fremont remaining.. 

The market is changing from a buyer’s market to once again a seller’s market. I am finding multiple offers in many areas in the East Bay especially in Mission San Jose, Fremont, California.

 If there is anything you need to know about Mission San Jose, Zip Code 94539 in Fremont or Fremont California schools, you can reach me at 510-279-9580. You can also go to my website at http://www.helpusellachievers.com

Homes Sold by Meena in Fremont 

To see all my virtual tours click:

Meena’s Virtual Tours

Meena Gujral

Help-U-Sell Achievers Realty

510-279-9580

I truly believe that if the agent is saying they have multiple offers, then they do have multiple offers in Mission San Jose. I am working with several buyers at this time in all areas of Fremont. Some are concentrating on short sales and REO’s whereas others want only regular sales. In both categories I am having to deal with multiple offer situations. Believe me, the market is changing, but the buyers are still not believing that. They are listening to the media which is behind in its data collection, plus they are talking about the country not specific to the Bay area. The inventory is rapidly decreasing since the banks are not releasing too many foreclosure properties, therefore everything on the market that is priced right is selling with multiple offers. Things may change if too many foreclosure properties come on the market again but as of right now, it is once again a multiple offers situation.

You will find that the areas where the schools are very good, for example Gomes Elementary, Parkmont, Chadbourne school (all Mission Schools), Weibel, Forest Park, Ardenwood Elementary are selling over asking price with multiple offers. First time home buyers are trying to get into the market to take advantage of the first time home buyer $8,000 tax credit since it will end on November 30, 2009. And of course there is not too much inventory left since the banks are not releasing their foreclosure properties, the demand has peaked for all the homes that are currently on the market and are priced right.

When deciding how much to offer, you need a good buyer’s agent who will do the comparables for that neighborhood in Fremont or anywhere in the East Bay and justify what range to offer in. Keep in mind in a multiple offer situation you need to put your best foot forward since you may not get a second chance. The seller’s agent may give multiple counter offers or they may run with the best offer in hand. Whatever the case, get yourself an agent who will look out for your best interest .

If I can help answer any questions, you can reach me at 510-279-9580. You can also go to my website at http://www.helpusellachievers.com