Redding Ca Real Estate : September 2009

The active available inventory has been hovering around 1450 now for some time.

We should continue to see more short sales as we progess and probably less REO's in the next year.

Many banks are figuring out that a short sale is the way to go instead of paying all the money in Foreclosure expenses.

There are still around 50 properties in and around the greater Redding area that are under $100k!

There are some Tremendous deals on the upper end estates! One in particular that came out today is approx 5200 sq.ft of custom quality at $995,000....That was a $2. something Million dollar home at the top!

The weather is cooling off and there are still some great buy out there...many even pencil out! Something that you couldn't find 3-5 years ago!

Regards,

Richard Goates

Search the Redding MLS here now.

We work in a service business...there are varying degrees of knowledge and service.Very few buyers or sellers ask their potential Realtor some easy and simple questions that will help them make a great choice on who they end up working with.

Questions that buyers should ask their potential Realtor-

1.Are you available? Are you available at least 6 days a week?

2.If I call you what is your usual response time? 1 hour,2 etc.

3.Do you show the properties yourself to me or is your assistant going to do that for you?

4.If I DO sign a Buyer/Broker agreement what is your policy if you don't live up to your end of the bargain? Can I cancel it?

5.Can you accommodate me on showing me early or late instead of the 8-5 schedule?

6.How many years in the business full time?

7.Are you a transactional or relational Realtor? If they don't know what you mean

on that one they are Transactional....you are another number to them....

Relational Realtor's are as concerned/more concerned, about you and your family as they are about

the commission check...

These are just some of the questions to start with....It will help you get a good start by

starting out with someone that you can work well with...

Regards,

Richard Goates

Website

530-248-5627

P>S> if you need help finding a GREAT Realtor in your area let me know...we help interview them

and love to make it a great match for you and your personality!

They say buyers beware....I am thinking there is a real reason for this! I just came across a home that is a couple months from Foreclosure....they owe approx $10k in back fees/penalties etc...The same people have this home listed for sale as "FSBO" on the Internet....ok no problem yet.....

They are advertising they will carry the paper and no need to qualify etc...just need to make the payments....

Any guesses what will happen when the new home buyers move in and get all excited and "Think" they just purchased a home??? Can you imagine the look on the face of the buyers when the agent shows up at the door and asks them to move out as the BANK has just taken the home back!!!!

Even with a Wrap around mortgage the sellers will have to have enough money to cover what they owe to the bank in back fees/expenses etc AND bring their CURRENT mortgage up to date before they can EVEN come close to making it work....

BUYERS WITHOUT AGENTS/REALTORS....BEWARE!!!!

Why would you NOT want to have some professional representation for free as a buyer??

If someone doesn't want you to talk with an Attorney or Realtor find out EXACTLY WHY!!

We have noticed some real scams lately here in Redding....and it may indeed get worse!!

Regards,

Richard