Steffan Blaser's Lake Oroville Real Estate Blog

If you are Purchasing a Home Always Discuss with your Realtor about Getting a Termite Inspection and if the property has a Well or Septic System Always get those inspections too. You will be doing the right thing by Protecting yourself when you find out the True condition of the property.
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To see my short video go to  http://facebook.com/NeighborSteffan.Realtor

Thanx,

Buy Buy Now

Welcome to the most current Housing Trends eNewsletter. This eNewsletter is specially designed for you, with national and local housing information that you may find useful whether you’re in the market for a home, thinking about selling your home, or just interested in homeowner issues in general.

Please click on this link to view the Housing Trends JUL-2012 Newsletter:
http://Steffan.housingtrendsenewsletter.com

The Housing Trends eNewsletter contains the latest information from the National Association of REALTORS®, the U.S. Census Bureau, Realtor.org reports and other sources.

Housing Trends eNewsletter is also filled with local and national real estate sales and price activity provided by MLSs and the National Association of Realtors, U.S. Census Bureau key market indicators, housing market video reports, blogs, real estate glossary, maps, mortgage rates and calculators, consumer articles, community reports that map shopping, schools, recreation and more.

If you are interested in determining the value of your home, click the “Home Evaluator” link for a free evaluation report:
http://Steffan.housingtrendsenewsletter.com/dispContent.cfm?loadid=2&loadtype=0

Sound decisions can only be made with accurate and reliable information, and I am happy to be a trusted resource for you. Thank you for the opportunity to provide you with this monthly eNewsletter, and I look forward to answering any questions you may have and to the opportunity to be your REALTOR® in the future.

Sincerely yours,

Steffan Blaser
Realty World – Best Realty
2770 Olive Hwy Suite G Oroville CA 95966
530-534-1323 | 530-321-3617
steffan@steffanblaser.com

(While I hope you find the information contained in this eNewsletter useful and informative, if you wish to no longer receive it, you may click on the “unsubscribe” link at the bottom of the newsletter.)

Image via Wikipedia

 

 The Contractor must be qualified to bid & do the work for your FHA203K loan if you choose one. Just a few points so you know.

 Remember the contractor must have an active  general contractors license at the time he or she submits the bid (there are exceptions to this) .

Before you have the contractor bid for the work check to make sure that the contractor has the following:

1    Copy of his Contractors license card and print from the California State Contractors Licensing showing status of license 

2    Copy of his bond insurance

3    Copy of his General Liability Insurance and possibly Errors and Omissions Insurance

4     Resume with 3 references

5     If the contractor has employees or sub-contractors, proof of workman’s comp insurance will be required  and if sole proprietor and not covered under workman’s comp insurance the Liability insurance with$1million coverage

 If the ONLY repair is electrical or plumbing repairs to be completed, the contractor must be licensed to perform these repairs or a separate bid from an electrical or plumbing contractor must be provided along with the 5 required items above.

Once you have the bids and have decided on which contractor you will be using, the contractor will fill out a Homeowner/Contractor Agreement  and a W-9. 

 Every lending institution may have Additional requirements so check with your loan officer, mortgage broker or personal banker whatever they may be called these days.

Buy Buy Now

 

Just like the picture above—A Duck Stuck in the Muck—Here is the latest in the saga of the Short Sale Woes here in the Lake Oroville Area Real Estate Market I am going to share with you.—Ready?  Ok then here goes— I wrote an offer back in August of 2010.  After much Ado–it just fell apart within the last week and my Buyers Cannot Purchase the Home as it turned out because the seller cannot sell the property.— It’s a Long Drawn Out Story that I am Not going to share all the details because it is of a personal nature but I will just say that if you are considering a Short Sale Purchase just Beware and Remember–Chances are it will be a Long Haul–things Can and Will happen that can mucky up your purchase through No Ones Fault really— just because things happen for a reason.— There are still some purchases that can be had at todays values (Even if they are Short Sales) just Be Prepared and Hang On and Don’t Spend Money on Your Appraisal Until You Have  Approval from the Existing Lender/s that they Agree to the Short Sale but also Signed Acknowledgement from the Seller/s or Whomever is on the Existing Loan/s weather or not they are on Title but Remember they are still on the Existing Loan/s and need to acknowledge they received a copy of  the letter of Short Sale Approval that will be addressed to them in that letter.

Happy New Year and Buy Buy Now

We have a once a month meeting at the Local Hof Brau on 5th Avenue, who serve GREAT Ham n Egg Muffin sandwiches by the way. Our guest speaker today was the new City Administrator, Harold Duffy.  I believe the gentleman is a great addition to our city.  He puts explanations in simple, orderly and ez to understand language when asked direct questions (I think that’s who we want in this kind of a position). I am excited about his enthusiasum and vision  in making sure the city council gets the correct information on the issues and items before them so the council will have a clear vision of what they are voting on. So I say–Welcome to our city Mr. Harold Duffy.

ps–The Oroville Association of Realtors has an area to collect canned food for the Salvation Army–Please stop by the office located at 1835 Robinson Suite A and help those in need and their children by leaving a can of food for them–Thanx. —

Buy Buy Now.

Now I am right next door to Arby’s. (Good)

Moved closer to Lake Oroville. (Good)

Why don’t cha come down and see me sometime. (Good)

Helping you with Real Estate since 1994. (Good)

As you see—it’s all good.

Buy Buy Now

Hi–I am Happy to announce that our office moving day is tomorrow.

 We will be relocating to a lovely Spanish Mission Style Building that will make you want to look for the Swallows as if you were in San Juan Capistrano (in the picture here)–close to where I grew up.— Our new address will be:

2770 Olive Hwy Suite G, Oroville, Ca 95966  (Next door to Arbys)

Phones will be the same 530 321-3617 is still my cell.

I look forward to seeing you there at the new office.

 Buy Buy Now  -

Hi, This is a pretty simple question really–Should You Get a Home Inspection??? The answer is probably always Yes. Look at it this way.—Almost Every Home has things that can use repair–things age and break like you and me—I shouldn’t remind myself of that tho—anyway before I get off on that tangent, lets get back to the home inspection discussion.— My concern as a Realtor, maybe even representing you, is to have a qualified home inspector give the house a pretty thorough look. Things like operating range/oven/stove-top or what have you. The furnace, air conditioner, fireplace, electrical plugs and breaker boxes–plumbing leaks, water heater all the things that can cost Big $$$ if  and when they break, and everything does, eventually.— It’s  just a matter of when.— This inspection gives you a heads up advantage of trying to determine the overall condition of the home you want to buy.—So you write a check for $400 or so to Help Protect Your Hiney, especially when you are about to spend  Tens or Hundreds of Thosands of Dollars.— Better Safe than Sorry I say.— The Inspector I have been using is also a General Contractor who is familiar with Building Codes and the like and I and my clients feel more comfortable using someone who knows building rather than someone who may or may not. Remember to discuss this with your Realtor when you decide to purchase a House which You will make into Your Home.— See You Next Time—Buy Buy Now. 

Happy Monday to You— Just a Tad More for you to remember to discuss with your Realtor during the purchase contract writing— The standard response time built in the CAR contract is 3 days after you have signed it (it depends on the details of the seller). Some of which are—Is it a Distress Sale? Is it a Short Sale or REO?—Or is it just—For Sale?    Your Realtor should know what is best and will be happy to discuss that item with you.  If their is a question about how much time the seller will need to respond (which is not uncommon) to your offer to purchase, probably your Realtor will want to call the listing agent to ask the question—How much time do we need to expect for the seller to respond?— Remember if You need questions answered ask your Realtor.   I hope this information has been helpful to you in understanding a few of the basics you need to make sure you discuss with your Realtor.—Happy Real Estate Hunting. — Bye Bye Now.