Five Reasons a Seller May Reject Your Offer

November 20th, 2010

Rejection is a hard thing to face in life, whether it’s at work, at home or from the owner of the home you hope to purchase

  • The offer wasn’t enough for them to pay off their mortgage. For most sellers, the bottom line is paying off their mortgage. If your offer won’t cover the mortgage, they cannot accept it.
  • They may have just been testing the waters to see what they can get for their home.
  • Their plans may have changed. People put their homes on the market because they need to move, they want to upgrade their home, or they can no longer afford their home. If the circumstances change, they may not need to sell their home.
  • Their deal may have fallen through. Perhaps your seller was buying another house contingent on the sale of their property. If something went wrong with that deal, they may not be able to sell their home to you.
  • You may be asking too much of them. The seller may not have the time or money to make any repairs they think are insignificant. Perhaps you want to close too soon or would like to move in to the home before closing.

 

Don’t get depressed when a seller rejects your offer. There may be many reasons for their refusal. Help your real estate agent develop a counter offer, or move on to a new opportunity. There are a lot of homes on the market. You may be pleasantly surprised when you start looking again and find a home that fits your lifestyle even better!”

Hot Summer Nights Car Show Coming this week - Don’t miss it

November 9th, 2010

Hot Summer Nights Car Show

Location: Downtown Danville
Address: 400 Hartz Ave, Danville, CA 94526 | map it!
Date: Thursday, August 26th, 2010
Start Time: 4:00 PM
End Time: 9:00 PM

A street party like no other, Danville's Hot Summer Nights Car Shows combine classic cars and camaraderie to create an evening of summer celebration. Downtown streets are lined with muscle cars, hot rods, and vintage rides dating back to 1969-some traditional and some sublime-while live bands play '50s and '60s music to people dancing in the streets. You can also browse the myriad of food, drink, and souvenir booths throughout, or stop off in one of the downtown shops or restaurants.
 

California Tax Credit Going Fast

June 1st, 2010

The popular state homebuyer tax credit returned after running out of money last year in just 4 months. If you're interested in obtaining a tax break to help reduce the cost of buying a house, you better act fast. Funding for the credit could be used up with-in 3 weeks. Association economists are projecting that funding set aside for the tax credit will be used up quickly, thanks to an unexpected flood of delayed closings by homeowners who hope to qualify for both the state and federal credits.

Alameda County to Sell Tax Delinquent Parcels - Great for Investors!

March 14th, 2010

Alameda County will conduct an online auction to sell tax delinquent parcels of property.  The auction will take place at www.bid4assets.com through March 29. If a potential bidder does does not have Internet access, an Offline Bid Form is available from the Tax Collector's Office, which is located at 1221 Oak Street, 1st floor, in Oakland.  The properties for sale are located primarily in Oakland.  To be eligible to participate in the auction, a bidder must pre-qualify with a $5,000 deposit.  More information regarding the online auction can be obtained from the Treasurer Tax Collector's Web site by clicking here.

6125 Ledgewood Terrace

January 20th, 2010

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Introducing 7043 Briza Loop in The Bridges

January 14th, 2010

Largest model at Cedar Bridge at The Bridges

Located within The Bridges at Gale Ranch golf course community,
surrounded by 18 hole championship daily fee golf course designed by
Johnny Miller and his design firm. The Bridges Golf Club features a
14,000 sq. ft. clubhouse with golfer's grill, terraces, elegant dining
room and full equipped golf shop.

Gale Ranch community parks, baseball and soccer fields, tot lot and
tennis courts.

4 Bedrooms
3 Baths
1684 SF
2 Car garage
Full bed and bath downstairs

For more information visit: 7043BrizaLoop.com

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Interest Rates are at all time lows!

December 2nd, 2009
The media is blasting the lowest rates in the news and I can see the impact it is making on potential home buyers.  This week alone we received 3 buyer referrals from our past clients.  These potential buyers are very motivated to make a move now as many fear that rates are going to be heading North and when they do go up it happens quickly.
 
There has been published reports lately about the Fed starting to drain money from the economy.  The Central Bank at some point will need to reverse course and start boosting interest rates and removing other supports to fend off inflation. The Fed will sell securities from its portfolio with an agreement to buy them back later.  This is called a reverse repurchase agreement.  This is a tool the Feds can use to drain money it has plowed into the economy to ease financial troubles.  The Central Banks balance sheet has ballooned to over $2 trillion - reflecting the special programs it has set up to spur lending, stabilize banks and to revive the economy. 
 
Many buyers know that this is the best time ever to get a very low mortgage rate. 
 
 

The Frazzano Team is #1 in the San Ramon Valley for volume of real estate sold in Alameda and Contra Costa County from 10/01/08 - 9/30/09

November 11th, 2009
It was brought to our attention today that according to the MLS and from the BrokerMetrics report that the Frazzano Team is #1 in the San Ramon Valley for sales volume for homes located in Alameda and Contra Costa County.   

The Frazzano Team had $39,736,241 in closed sales for a one year period from 10/01/08 to 9/30/09.  In this time period The Frazzano Team sold 46 listings & closed 25 buyer controlled sales.  It is an honor to be so fortunate to actually have a successful business in this challenging time.  Many of our clients are referrals or past clients.  The market climate has changed considerable and being able to adapt is a requirement. 

One of the ways The Frazzano Team has continued to grown their business is with the use of technology.  More and more buyers are finding homes via the Internet and so we have focused more of our business towards Internet marketing to target where the ready, willing, and able buyers are coming from.   As a result, we have increased our sales production of units sold to over 84 since the beginning of 2009.   

We are fortunate to have a strong back end system lead by Teri Matthews who has been on the team for over 3 1/2 years.  Teri has been licensed for almost 10 years and she is such a pleasant woman to work with; her best quality is that is she is consistently nice.  And hard working; she always arrives early and stays late!

 
Having great sales numbers is important, and yes it is nice to be recognized for sales performance, but for us at The Frazzano Team it is always about the client.  I learned a long time ago that the Real Estate business it is never about the numbers, it is always about showing people how much you really care about them as well as being extremely knowledgeable about the task at hand.  Good numbers always follow good care.  

221 Sun Ridge in San Ramon is Available

November 10th, 2009
 
Good news for any buyers looking for a single level home in San Ramon.  This gorgeous home features 4 bedrooms and 2 full baths.
 
This home is available for showings this Thursday, Nov. 12th from 10 to 1 and on Sunday, Nov. 15th from 1 to 4.
 
Please visit the web sire at www.221sunridgedrive.com for more information.

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Congress extends first-time buyer tax credit!

November 7th, 2009

In a major victory for NAHB that will boost the fledgling housing recovery and help struggling business owners nationwide, Congress today approved legislation that will extend the first-time home buyer tax credit beyond its Nov. 30 deadline and expand it to a wider group of home buyers. The bill also provides relief to cash-strapped home builders by providing broader tax benefits for businesses with net operating losses (NOLs)

The legislation, which will be signed into law shortly by President Obama, will extend the $8,000 credit for first-time home buyers for sales contracts entered into by April 30, 2010 and closed by June 30. Further, it has been expanded to include a new $6,500 credit for owners of existing homes who are purchasing a new primary residence. An existing home owner can claim the $6,500 tax credit if they have been residing in their primary residence for five consecutive years out of the last eight.

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