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Tracy, Central Valley and East Bay Real Estate News
Jeff Green REALTOR® (DRE License Number 01519105)
PMZ Real Estate
2231 West Grant Line Road
Suite 134
Tracy,  CA  95377
209.247.1127
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Real estate contingencies make comeback
During the recession of the early 1980s, when mortgage interest rates hovered near 18 percent, few home buyers could qualify for financing, particularly if they already owned a home that needed to be sold before buying a replacement home. Offers made contingent on the sale of the buyers' current home were popular. Contingent-sale offers are increasing in the current housing market. Most buyers who want or need to make a move to a home that better suits their current lifestyle can't qualify to buy before selling their existing home due to stringent mortgage-qualifying criteria.
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Seller financing for today's market
During the recession in 2001, a strong home-sale market was instrumental in pulling the economy back on track. The opposite may be the case now. The economy, particularly employment, needs to improve before the housing market stabilizes. Low interest rates are helping the home-sale market today, but the housing market is far from stalwart.
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Is “do it yourself” in your DNA?
In many ways, this is a tough time to be a homeowner. Finances might be tight, but that doesn't stop the roof from wearing out, or the plumbing from starting to drip.
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Jeff Green
REALTOR®
PMZ Real Estate
2231 West Grant Line Road
Tracy,  CA  95377
209.247.1127
Contact Me
Visit My Web Site
Equal Housing Opportunity   
  
Pay attention to home inspection
For just about anyone, a home is the single-most expensive and single-most complex thing that you'll ever own. So when making that purchase, you certainly want to do everything possible to be an informed buyer and to protect yourself and your investment. ...more
 
FREE Buyer's Packet
You can save more money than you may realize on a purchase. Let Jeff Green show you how.
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Playing the real estate waiting game
Buyers often are reluctant to make an offer to buy a home they find early on in their search. After looking for months and not finding anything comparable, some buyers regret not having moved quickly on a listing even though they saw it early on. ...more
 
Buying or Selling a Home? Green Means Go!
Thanks for taking time to read my newsletter this month. If you are consider buying or selling a home now is a great time. Please consider the services that I offer.
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Pricing to sell in today's market
Putting yourself in the right mindset to sell is essential. It's the most difficult aspect of selling for most sellers. Your home is worth what a buyer is willing to pay, which may not be what you think it is worth. Detaching yourself emotionally from your home is difficult. Clearing out years of clutter, depersonalizing your home by removing personal memorabilia, and staging your home for sale can help you step back and view the home as a commodity that needs to be sold rather than as your personal sanctuary. Putting your home on the market at a price that reflects what you want and not what the market will bear can cost you time and money as it sits on the market unsold. ...more
 
Attic ventilation makes a healthy home
If you're like most folks, you've probably never given any consideration to how well ventilated your attic is. But proper attic ventilation is very important to your home's good health, both in summer and winter. ...more
 
Foreclosure rescue scams on the rise
Are the usual suspects returning to mortgage-related scams as a result of the subprime lending fallout? Does the practice of illegal "foreclosure rescue" operations extend even into the second-home market? ...more
 
What's causing my mold infestation?
Q: I have mold developing underneath a window in my bedroom. The window faces north-northwest and never has sun on it. I wonder if the mold could be caused simply by moisture accumulating in the room, or is it a more serious problem, such as a leaking window frame? ...more
 
Home mortgage provides array of tax breaks
If you feel better knowing you can deduct the mortgage-interest portion of your huge annual housing expenses, make sure you know exactly how much you can deduct. ...more
 
Presale inspections can give sellers advantage
It's becoming more common for sellers to hire inspectors to inspect their property before it's put on the market. The reports are then made available to buyers to review before they make an offer. ...more
 
Making an attractive home-purchase offer
It's easy to assume that negotiating is adversarial. You, the buyer, are on one side -- the side that wants to buy a property for the lowest price possible. The opposition on the other side is the seller who wants to sell for the highest price possible. You're locked in a tug of war to see which side will win. ...more
 
Best deck material: Douglas fir or redwood?
Q: I'm building a small deck in the backyard and for cosmetic reasons am painting it rather than finishing the wood. So, being cost-conscious, I am wondering whether using a Douglas fir 2-by-6 versus a con-heart redwood makes sense. The lumber cost is less than half. ...more
 
A television in every room
Once upon a time, about half a century or so ago, the choice in televisions was limited. Only black-and-white sets were available, and the largest screens were only 24 inches. The set was encased in its own cabinetry and nestled in among the other pieces of furniture in the living room. ...more
 
Smart home sellers opt for pest inspection
No one wants to buy a house that's riddled with termites. So, a termite inspection -- technically an inspection for damage by any kind of wood-destroying organisms -- is usually done at some point during the course of a home sale. ...more
 
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