Archive By Section - HOME SCENE
Upgraded home in Sierra neighborhood
Why go with a foreclosure where you have to spend upwards of $30,000 to update it when you can find a similar home placed on the market by an owner who is not under duress that already has the upgrades in plus has a swimming pool and is in move-in condition?
Ideal time to streamline your FHA loan
If you have a FHA insured loan - and virtually all first-time buyers who have purchased homes in Manteca during the last three years have them - you might just want to take advantage of the one-time ability to streamline your loan.
Three promising signs for Manteca
Foreclosure cancellations are at an all-time high in California. Lenders in Jane cancelled almost 22,000 foreclosures. That seems like good news for three possible reasons: •More short sales are going through. •Loan modifications are working. •Banks are extending the time they are willing to work with delinquent borrowers. The number of foreclosure cancellations is up 153.19 percent in year-to year comparisons and 27.09 percent above May levels. Don't break out the champagne yet. While foreclosures ...
My personal short sale story
Last week I started a two part article telling my personal short sale story. Like I stated last week, I thought I would share with you my story to let you know one major thing that a lot of Realtors fail to mention to their clients but they long to hear: "You're not alone!" "I have actually been there!" "You will make it through, I did!"
Is now the time to sell?
With all the news about interest rates and mansions selling for the price of shacks, many people are asking themselves, "Is now the time to sell our home?" The answer to that question depends heavily on your situation.
Does it still make sense to fence sit?
How do you determine when it is the best time to buy a home? Would it make the most sense to wait until you're sure the market has hit bottom? Those two questions are among those that fence sitters typically ask themsleves. You can talk until you're blue in the face about the rates being extremely low and affordability being at the best level in a decade especially when compared to income and it still ...
Thank you ‘Builder’s Generation’
Our local real estate market and community owe a great deal of gratitude to the Builder Generation, a group of active adults who are doing more than their part to stabilize our local housing market. In a time where our seniors have been almost disregarded in our culture, it's good to live in a community that not only supports our seniors, but also places an emphasis on their importance.
Visual effects of foreclosure in Manteca
If you close your eyes and think of the word "foreclosure", what are some images that come to mind? Some see outwardly expressed imagery such as six foot high weeds, dry and dead lawns, papers taped to windows, spider webs and other pictures that remind you of the opening scenes of an old black and white scary movie panning into the haunted mansion. The only problem is that haunted mansion is found all over our southern San Joaquin community.
Ever wonder why loan modifications don’t work?
When most people hear the phrase "loan modification" there are a multitude of images and emotions that flood the brain; skepticism, hope, desperation, lonely, gamble, fear and maybe even a "yeah right"! I have often said that it's easier to catch a Leprechaun at the end of a rainbow than receive a permanent loan modification.
Housing: Is SJ County now at bottom?
The day of great deals are numbered. Just like any over economic movement, The Great Recession accompanied by liar loans that created the mortgage meltdown, must someday come to an end. A study by the Ebhardt School of Business at the University of Pacific noted that sometime in 2009 population growth exceeded housing growth in San Joaquin County. The last time that happened was in 1996. Three years later home builders aren't able to keep ...
What’s in a (street) name
By DENNIS WYATT Managing editor of the Manteca (Calif.) Bulletin Villa Ticino is Manteca's little Switzerland. It's a neighborhood where you'll find names such as Geneva Way, Matterhorn Street and Zurich Drive. The homes built by Frontiers even had a whimsical Swiss touch assuming American-style developments with lots bigger than 6,000 square feet and homes bigger than a baron's castle in the heart of European neutrality. Across town at the French Collection - a stylish ...
Manzanita Ventures planting roots
A Manzanita is a strong, resilient tree. The vines intertwine throughout the evergreen shrubs as it continues to grow over time. Hence the name of Manteca's newest real estate business. Co-founder Suzanne Candini hopes that Manzanita Ventures will parallel that of this tree. She along with fellow co-founder Rachelle Souza, Georgiann Rose, Maria Gikas, and Brian Lange are among the team that will bring experience, innovation and service. Included are five integrated services – residential ...
Condos sell for $44,500 to $58,000
Determining value - especially with cash buyers - is an art and not a science. If you doubt that, consider the Cherry Lane Condos on Union Road at Cherry Lane that are ground zero for almost 100 percent cash transactions. Condo complexes - when the majority of units are owned by investors - do not go FFA which is where most of the first-time buyers secure financing in today's market. At the height of the ...
Woodbridge garners top honors
The nation's largest homebuilder's Bay Area Division took top honors in ten separate categories at the 33rd annual Building Industry Association's MAME Awards.
Price jump: It’s not much but it’s a start
It's not exactly price creep but it is still an encouraging sign. Several builders have upped the starting price for their lowest priced new homes over the past several months in Manteca. Woodside Homes, as an example, lowest starting point was the $199,000 for the neighborhood in the triangle formed by Atherton Drive, Woodward Avenue and Van Ryn Avenue in southeast Manteca. Now the base prices start at $205,000. The slight rise in new home ...
Articles by Section - HOME SCENE
Ellen Paradiso’s 4-season garden is a quiet and peaceful hide-away
Ellen Paradiso's blueberries were bought during a clearance sale at Park Greenhouse nursery in Ripon.
Buying tips to keep in mind as housing market warms
Ready to buy your first home, or move up to a larger home for your expanding family?
Reserve home mortgage can be good option for many seniors
Do you know that if you are 62 years or older you may be able to buy a house or a condominium using a reverse mortgage? A reverse mortgage allows you to get money from a lender, but you do not have to pay it back (or make any monthly payments) until you sell or die.
Homebuilder confidence rises in May from April
NEW YORK (AP) - Confidence among U.S. homebuilders rebounded this month, reflecting improved sales trends during the spring home-selling season and the strongest outlook for sales over the next six months in more than six years.
Rate on 30-year mortgage fixed loans rises to 3.51 pct.
WASHINGTON (AP) - Average U.S. rates on fixed mortgages rose this week but stayed near their historic lows. Cheaper mortgages have helped the economy by spurring more home-buying and refinancing.
Housing starts fell during April
WASHINGTON (AP) - U.S. builders broke ground on fewer homes in April, one month after topping the 1 million mark for the first time since 2008. But most of the decline was in apartment construction, which tends to vary sharply from month to month.
What are pros & cons of buying rental property?
Hello Real Estate Boys: My wife Bambie, and yes she is a dear, recently lost her parents to an accident and we are in the middle of closing out the estate with one of Turlock's wonderful attorneys. I suppose at this point I should say Bambie was an only child and will inherit her parents' entire estate. While the estate is not huge it will give us a very nice sum of cash soon. The ...
Four new-home trends that can work for your remodel
Builders are back in business, and new-home construction is up in areas across the country. So is remodeling, as plenty of Americans choose to stay put and upgrade their current homes rather than tackle the challenge of buying and moving into something new.
Give your home a fresh look with color
A fresh coat of paint can give any room an instant lift, making it a great solution for converting a space from drab to fab.
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