reside real estate

i discuss what is a short sale and the requirements to be considered for a short sale.

i discuss an article i just recieved from the California Association of Realtors and the findings of a group called first american core logic. the results may surprise you.

i discuss an article in the san francisco gate about the federal home buyer tax credit expiring today.

i discuss phase 4 of the home buying process, the closing phase. i also show off my new intro.

i discuss phase 3 of the home buying process, the buying phase.

i discuss phase 2 of the home buying process, the finding phase.

in this video, i discuss the first phase of the home buying process, the looking phase. i also announce “the reside daily bite” is officially on itunes. click here!

in this daily bite, i discuss the interview i did last friday with colette ching, keller williams santa monica for the reside realtor online radio show. we had a great discussion about keller williams culture, how the progressive company is one of the hottest brokerages around. we also discuss the santa monica office, or market center, and what makes us so strong. be sure to check out the entire audio interview on the reside realtor online radio show episode 007.

in this video, i give a quick overview of FHA loans.

THIS IS AN IMPORTANT UPDATE TO RESIDE DAILY BITE 012. in this video,  i discuss the fact that you may qualify for BOTH the federal homebuyer tax credit and california homebuyer tax credit IF you have an accepted offer by april 30, so it is possible to potentially qualify for both tax credits for a total of $18,000 in tax credits. be sure to consult with your tax attorney or cpa to find out if the tax credits apply to your situation.

PLEASE SEE RESIDE DAILY BITE 013 FOR AN UPDATE ON THIS VIDEO and how you may qaulify for both tax credits. in this video, incorrectly stated that it’s not possible to qualify for both but the California Association of Realtors just released information to show how it is possible and this is covered in episode 013. in this video, i discuss and compare the federal home buyer tax credit with the california home buyer tax credit. be sure to consult with your tax attorney or cpa to find out if the tax credits apply to you.

in this episode, i discuss the 6 factors that may make buying a home more expensive in the upcoming months.

in this episode, i’m joined by my favorite mortgage broker, dean piller. dean came to the office today to record “the reside realtor online radio show” and it gave me the idea to introduce dean to the reside daily bit crowd. we briefly talk about the upcoming radio show in which we talk about “the cost of waiting” to purchase a home. the federal tax credit is set to expire, FHA may be raising the downpaymentt requirements, private mortgage insurance will be increasing, interest rates will be going up, and home values may be rising. this is a great episode for those of you sitting on the fence. you can listen by clicking  epsiode 006. – the cost of waiting.

this is a post about an article i’ve been sitting on for a couple of months but i think it is as applicable today as it was when it came out at the end of last year. the article, courtesy of u.s. news, describes 10 things to look for in the real estate market in 2010. here they are;

1. prices to bottom
2. mortgage delinquencies up
3. foreclosures move upstream
4. mortgage rates to rise
5. buyer’s market remains
6. modification plan could be modified
7. FHA lending standards may increase
8. tax credit available through june
9. markets will vary a great deal by region
10. mobile maps can help

the most interesting item to me is item #4, mortgage rates to rise. mike larson of weiss research states that because of “the unwinding of this Fed program, the improving economy, and mounting concern over government deficits could push rates on 30-year, fixed mortgages to roughly 5.5 percent by mid-2010 and close to 6 percent by the end of the year, almost all signs to me point higher.” this is a great reason, along with item #8, tax credit available through june,  to consider purchasing a home in the next couple of months. you can read the full article by clicking here.

if you need assistance with any part of the home buying process, including finding a great lender, feel free to email me at david@residerealestate.com.