Antioch, CA Real Estate News

By Gene Riemenschneider, Turning Houses into Homes
(Home Point Real Estate)
Antioch California Home Prices 3-14 Antioch California Homes are great homes at an affordable price in East Contra Costa County. Antioch is the largest community in East Contra Costa county and features a downtown water front with shopping and fine dinning. Water sports abound on the nearby Delta. In Antioch California you are an hour from San Francisco and a couple of hours from the High Sierra. Gene I am Sold just show me the Antioch Homes! As in most communities Antioch Home Prices have been heading up fast, but may be leveling off. The chart below tracks the prices of Sold Single Family Homes in Antioch California for December 2013, January and February 2014, and shows Active Antioch Homes as of March 20, 2014. Month Number High Low Average Median DOM December 85 $640,000.00 $175,00...
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By Shonn Thompson, Experience and Results To Move You!
(Thompson Realty Group)
        Buyers Need To Put Down A Cash Deposit To Show They Are Serious Antioch CA – Short Sales can be tough. Many buyers don’t understand the process and think that since it is a buyer’s market, then they set the rules. That’s not the case.   You, the seller set the rules. After all, you still own the property. But, more importantly, you must set the rules for offers. If you don’t then you dramatically reduce your odds of successfully short selling your property. Click here to discover how other sellers successfully did a short sale and avoided foreclosure. Here is what you should think about before you take your home off of the market. 1. You should only accept and work with one offer at a time. If you accept more than one offer at a time, then buyers get mad. The primary offer migh...
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By Shonn Thompson, Experience and Results To Move You!
(Thompson Realty Group)
    Antioch CA – The Stop Foreclosure Institute recently received a question from Brent. Here is Brent’s Question. “If we are not behind on our mortgage but can’t sell our home through a normal sale because we don’t have any equity, can we still qualify for a short sale? We would like to sell this property and get another property where we are not upside down. Thank you!” asked Brent. Click here to discover how other sellers successfully did a short sale and avoided foreclosure. Here was our answer. Brent, there is actually a federal short sale program that encourages what you would like to do. It is called the FHA 4155 loan program. It allows a person that is short selling their house to buy another one right away. However, there are a few caveats. We have been told that you will need...
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By Gene Riemenschneider, Turning Houses into Homes
(Home Point Real Estate)
Want to Invest with 15% Down in Contra Costa County? Most Investment Properties require a 25% down payment or more. At Home Point Real Estate we work with lots of Real Estate Investors in Contra Costa County and beyond. Leverage is a Key Factor with many Investors, as buying with as little cash out of pocket allows the Investor to get more properties and net more profits. With 15% down non-owner occupied properties the Investor can almost double their leverage. This is not part of the HomePath Program and can be used on any property that meets the loan guidelines. For Cash on Cash Return frequently the less money down the more money you make. Want to know what I mean by Cash on Cash Return? Order the Free Book of Real Estate Investing. This includes and Investor Calculator and Work Shee...
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By Shonn Thompson, Experience and Results To Move You!
(Thompson Realty Group)
  Antioch CA – The Stop Foreclosure Institute recently received a question from Paul. Here is Paul’s Question. “I am thinking about a short sale, but I am behind on my property taxes. Will I still have to pay them if I short sale my home? Max.” Click here to discover how other sellers successfully did a short sale and avoided foreclosure. Here is the answer to Paul’s Question: In most cases your lender will pay those property taxes. Property taxes are a first priority lien on a property. That means that if a property is foreclosed upon, then they still have to be paid. They don’t go away for any reason. This is also why most lenders want to charge you monthly and then pay the property taxes themselves. They know that the taxes are a big bill that only comes once a year. Not everyone ca...
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By Shonn Thompson, Experience and Results To Move You!
(Thompson Realty Group)
    Antioch CA – We often get asked if a short sale is even worth the effort. “Do I need to have my short sale “Approved” by my lender before I put my home on the market?” one seller asked us. “When I called my lender they wouldn’t talk to me about my short sale. I am concerned that they might do that when I finally sell the property and I’ll never get the short sale approved.” Click here to discover how other sellers successfully did a short sale and avoided foreclosure. Here was our answer. Most lenders will not talk to you about a short sale until you have several things in place. They want a solid offer from a pre-qualified home buyer along with all the necessary financial documents. Why do they do this? Because they only want to process short sales that will sell and close. Now, I...
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By Chris Freck, EstaR Mortgage, A Bilingual Brokerage
(EstaR Mortgage)
 VA Mortgage Loans in Antioch California and 100% Contra Costa County VA Loans - the best loan program in California! Designed for both active duty military and honorable discharged Veterans, VA Mortgage Loans are one of the best mortgage loan programs available today. Here are some of the great features of this fantastic program: - Zero Down Payment, 100% financing. - No monthly mortgage insurance. - Compared to other types of mortgage loans, easier credit-qualifying requirements. - Low fixed mortgage rates result in a low monthly payment.   Here's how to qualify for a VA Mortgage Loan in Antioch California: First of all, you must verify your eligibility. You can verify eligibility by ordering your Certificate of Eligibility or COE. An approved Antioch California VA loan lender can ord...
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By Shonn Thompson, Experience and Results To Move You!
(Thompson Realty Group)
  Antioch CA – If the right decision for you and your family is to sell the house as a short sale, then the sale will have an immediate effect on your credit score. Click here to discover how other sellers successfully did a short sale and avoided foreclosure. You might feel like it’s just overwhelming and demoralizing to see your credit score take any more hits! But, here’s the silver lining: according to most experts, 78% of Americans have ERRORS on their credit score. Why is that a silver lining? If you have negative errors on your report that get fixed, that will be a benefit to your score. Average people can, on their own, take steps to repair and restore their credit report/ credit score after a short sale. Here is how to avoid any double whammies during and after your short sale...
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By Shonn Thompson, Experience and Results To Move You!
(Thompson Realty Group)
      Antioch CA – It always amazes me how some people will do anything to have perfect credit. They would rather go hungry than risk harming their prefect credit rating. A good example is a guy I will call Seth. Seth has perfect credit. He has worked to keep perfect credit for the last 12 years. Click here to discover how other sellers successfully did a short sale and avoided foreclosure. Seth has a several credit cards with high balances. He ran the balances up when the economy was strong. Today, he can barely afford to make the minimum monthly payments. However, Seth was recently turned for a car loan, despite his perfect credit. Why did that happen? I thought that perfect credit guaranteed that you could get a loan! Well, it turns out that Seth has too much debt. Most banks won’t ...
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By Chris Freck, EstaR Mortgage, A Bilingual Brokerage
(EstaR Mortgage)
VA Mortgage Loans in Antioch CA and 100% Contra Costa County VA Loans - the best loan program in California! VA Mortgage Loans are one of the best mortgage loan programs available today for both honorably discharged Vets and active duty military personnel. Here are some of the highlights of this incredible program: - Zero Down Payment, 100% financing. - No monthly mortgage insurance added to your payment. - More lenient credit qualifying standards than other types of mortgage loans. - Low rates compared to other loan programs. Here's how to qualify for a VA Mortgage Loan in Antioch CA:   You must first verify your eligibility. This is done by ordering your Certificate of Eligibility or COE. A Contra Costa County VA loan lender can order your COE quickly for you, or you can go directly t...
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By Gene Riemenschneider, Turning Houses into Homes
(Home Point Real Estate)
Real Estate Investor Tip of the Day - 11-26-13 The end of the year is a great time for investors to shop, especially cash investors! Why? Many people want to close by the end of the year. Help them out and get a bargain. Fewer shoppers are out and there is less competition. If you are worried about your taxes this year and need a write off some of your closing cost may give you the write off you need this year. (You should check with your accountant.) If you are ready to shop give me a call at 925-260-4321 or Email me Directly. Click Here to Search Homes Now!   By Gene Riemenschneider
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By Gene Riemenschneider, Turning Houses into Homes
(Home Point Real Estate)
Home Prices in Antioch California – Trend November 2013 Antioch California Homes #AntiochCaliforniaHomes are a great buy. They are affordable homes an East Contra Costa County Community near transportation. Prices are right for investors or first time buyers. Homes range from small entry level homes to large executive style homes. Just Show Me the Homes Gene! I am Ready to Buy! The question I get from people is, “What direction is the market heading?” “Are prices falling or continuing up?” Here is a chart showing Antioch Home Prices #AntiochHomePrices and how they are trending for the past three months. ANTIOCH # HOMES HIGH LOW AVERAGE MEDIAN PER SF ACTIVE 157 $795,000 $149,000 $343,051 $329,950 $167.60 OCTOBER SOLD 97 $501,000 $120,000  $300,046  $310,000  $157.78  SEPTEMBER SOLD  116 ...
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By Gene Riemenschneider, Turning Houses into Homes
(Home Point Real Estate)
Five Great Reasons People are Buying a Home in Antioch in 2013 Antioch has had a hard time in the last few years, but people are Buying Homes in Antioch. Here are Five Reason why people are Buying Homes in Antioch. Antioch is a very affordable community. It is full of very nice homes at very reasonable prices. Highway 4 is being widened and BART is being extended out to the Antioch Hillcrest Exit (and beyond). This will provide an easy commute from a very affordable Antioch Home. Gene I am Ready to Move to Antioch – Just Show me the Homes! Investors love Buying a Home in Antioch because the return on rents is incredible as is the appreciation potential. Antioch has an excellent infrastructure. There are many newer parks, schools, the swim park, public buildings. The downtown is being re...
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By Chris Freck, EstaR Mortgage, A Bilingual Brokerage
(EstaR Mortgage)
 VA Mortgage Loans in Antioch California and 100% Contra Costa California VA Loans - the best loan program in the country! VA Mortgage Loans are one of the best mortgage loan programs available today for active duty and honorably discharged Veterans. Here are some of the highlights of this incredible program: - Up to 100% financing, with no down required. - No monthly mortgage insurance. - Compared to other types of mortgage loans, easier credit-qualifying requirements. - Low fixed mortgage rates result in a low monthly payment. Here's how to qualify for a VA Mortgage Loan in Antioch California: First of all, you must verify your eligibility. Eligibility is verified by ordering your Certificate of Eligibility or COE. You can work with an approved Contra Costa County VA mortgage loan len...
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By Shonn Thompson, Experience and Results To Move You!
(Thompson Realty Group)
    Antioch CA – The Stop Foreclosure Institute recently received a question from Ryan. Here was Ryan’s question. “I own a rental house. When I bought it, the rent covered the mortgage and all the other payments. However, rental rates have declined in my area and the rent no longer covers the mortgage. Besides that, I had to write a big check to fix the roof and carpet. I am sick of the money drain. Besides that, I am now upside down because the housing market has taken a dive here. Can I short sale this house? I am concerned that if I do, then my lender will come chasing me for the loss. Let me know what you think. Ryan.” Click here to discover how other sellers successfully did a short sale and avoided foreclosure. Here was our answer to Ryan’s question. Ryan, we do think you should t...
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By Shonn Thompson, Experience and Results To Move You!
(Thompson Realty Group)
      Antioch CA – Short sales can drag out. It takes 1-2 months to sell the house. Then, the short sale negotiations start. They can drag out for 3-6 months. In the meantime, if you aren’t paying on the mortgage, then the lender will be trying to foreclose on the house. Here is a tactic you can use to delay the foreclosure process and even stop a foreclosure sale. Click here to discover how other sellers successfully did a short sale and avoided foreclosure. Here is a story from Alberto where he explains what to do. “Here is what I had to do. In the case of looming foreclosure sale date then, I get the owner to go to the courthouse and file a petition with the foreclosure judge. (The owner is the only one allowed to do this. I think the actual legal term is a motion.) The seller will b...
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By Gene Riemenschneider, Turning Houses into Homes
(Home Point Real Estate)
Five Ways to Make Money on a Contra Costa County Investment Property! There are lots of ways to make money Investing in Real Estate. Many people become focused on one or the other but really do not understand all the ways How to Make Money Investing in Real Estate. Here are are Five Ways to Make Money on an Investment Property: Rents. This is easy. You can still buy properties and get a positive cash flow after expenses. Appreciation. This works for both the flipper who does rapid improvement and sells and the person that buys a property to rent for long periods of time. I posted on how to Quadrupole your profits in this area yesterday. Earned Equity. OK if you have a loan every month you make a payment. Part of the payment goes to interest, but part of it goes to pay down the principal...
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By Gene Riemenschneider, Turning Houses into Homes
(Home Point Real Estate)
What Would You Pay for a Real Estate Investing System? I work with lots of Real Estate Investors and I have helped them all profit in real estate. However, several times a week I will get the call or the e-mail from a new investor. Some of them talk a good game but eventually it dawns on me that I am dealing with another Seminar Investor. Learn About Real Estate Investing for Free Here! These people often have purchased expensive Real Estate Investing Schools/Lessons/Programs that they have read about or seen on Television. Now every person claims their program is unique and teaches secrets for the inside crowd. I am in California and one thing we study in school is the California Gold Rush. What I learned about the California Gold Rush is that the people who got rich were, generally sp...
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By Gene Riemenschneider, Turning Houses into Homes
(Home Point Real Estate)
Fracking Real Estate Investment Strategies! We have all heard of Fracking. I am not an oil expert, but as I understand it at one time oil was easy to find and cheaper. But slowly it got harder to find that easy oil. However, entrepreneurs and oil men kept looking for new oil and ways to get to it. They found that by Fracking they could find plenty of oil (and other resources) and sell it for a significant profit. Now the resources are more expensive than before and they did have to work a little harder to find them, but the profits are still there – in fact they may be greater.   So what does this have to do with Real Estate Investing? Everything. Several years ago houses were cheap and rents were going up. There was a ton of easy money to be made in real  I think the time to Make Money...
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By Shonn Thompson, Experience and Results To Move You!
(Thompson Realty Group)
    Antioch CA – Many homeowners bought their home at the peak of the market. In the hardest hit areas, they paid $500,000 for homes that are now selling for $250,000 (or even less.) Their home is costing them $4,000 a month. (That is the total after paying property taxes and insurance.) Click here to discover how other sellers successfully did a short sale and avoided foreclosure. Renters have moved into the neighborhood and are paying less than $2,000 to rent a comparable home. It just seems like these homeowners are getting an unfair deal all around. Should these homeowners dump their homes in favor of a lower priced home? Some people say No! “That is breaking your word. If everyone did it, just think of what would happen?” they say. There is a little problem with that logic. Many o...
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