September 2009

USDA 80% BUSINESS LOANS FIXED RATE 30 YEAR, $25,000,000 LIMITS

The United States Department of Agriculture USDA Business and Industry Loan Guarantee Program represents a unique source of funding for those seeking Commercial Loans.

MARKET: Buyer’s and business owners of commercial real estate

LTV: 80-90 percent based upon either startup or existing business status

TERM: Variable and Fixed rates, 7 to 30 year depending on collateral and use of funds. New accelerated approval process (October 1, 2009) 10 day approval process possible

LOCATIONS: Communities with populations under 50,000 and their contiguous urbanized boundaries.

COLLATERAL: Projects eligible for B&I financing include business acquisitions, commercial real estate purchases, startup costs and working capital, machinery and equipment purchases and some refinances. Commercial/Residential mixed use properties are now eligible.

More information on on the USDA Business and Industry Loan Guarantee Program is available HERE.

This is not a commitment to loan. This information is provided by your Realtor. Any commitment to loan will be based upon borrow’s loan application, property eligibility/collateral, Lender’s approval and USDA’s guarantee.

Cottonwood Horse Property, Homes For Sale

This is 1 in a series of feature articles about a real cowboy his horse and Cottonwood Horse Property Homes For Sale.

People might want to know what a real cowboy looks like. I would like to share a bit about the cowboy in the photograph. The cowboy’s name is Chet and that is his horse Shorty. Chet was born and raised in the cowboy way of life. While later in life he did many things, that early part of his life had a defining influence on him. Perhaps it was breaking horses and working on cattle drives on what was part of the Old Chisholm Trail. Or maybe it was just the responsibility of working on the family cattle ranch. But no matter what Chet did he had a bit of that cowboy way about him. If things in life got a bit wild Chet would just ride it out and end up all the better for it. What he started he would see through. I am truly grateful for the influence Chet had on my life. Chet was my grandfather. I’ll never forget his cowboy ways. Cottonwood Horse Property Homes For Sale Shasta Horse Property

Redding Air Show 2009 Blue Angels Cottonwood Homes For Sale

Redding Air Show 2009 including the Blue Angels this weekend Sept 26-27, Cottonwood Homes For Sale

This is the first time the Blue Angels have been to Redding since 2000. They are in their usual exhilarating form. There is shade under the larger Air Force transport, but it would be wise to bring a folding chair and shade of some sort. With temperatures hovering around 110 today plenty of fluids are the order of the day. Cottonwood Homes For Sale

Successful Selling In A Buyer’s Market of Cottonwood Homes For Sale Part 4 of 8

This is the 4thin an 8 part series on Successful Selling in a Buyer’s Market Cottonwood homes for sale

STEP 4 – Process the Information: As we process the information from our Market Evaluation we will assist you in the next step in Selling your home. We will consider your property and ownership position relative to 1 of the following 4 categories:

1. MARKET PRICE RANGE IS ACCEPTABLE:Result = You and your home are in a position to sell and you are ready. If this is the case then we can complete the next 4 steps in pursuing your Cottonwood home for sale

2 MARKET PRICE RANGE IS UNACCEPTABLE:Result = The market range is below what you would like to sell your home for. You don’t need to sell and are happy in your present location. No problem sit back and relax. Life is good. Due to the historic increases in values many homeowners began to view their home as being primarily an investment. My humble opinion is your home is primarily a place to live. Generally homes make great investments, but no matter what families have to live somewhere.

3. MARKET PRICE RANGE & NEGATIVE EQUITY:Result = The likely sale price range is below what you owe on your home. If you don’t need or want to sell your home sit back and relax. Life is good. But if you need or want to sell you may want to consider a Short Sale. There are numerous issues to look at when considering Short Selling a home. We have a short list of questions to initially determine the prospects of Short Selling your home. Approximately 30% of all homes in a negative equity position are not candidates for Short Sale. But that being said 70% of the homes are. So with a clear plan and Lender cooperation a sale is still possible. Note: In Short Sales the Lender pays all Realtor Commissions.

4. FORECLOSURE: You have determined your home and your ownership position are not candidates for Short Sale. This is a challenge many have faced in the nation. It’s not the end of the world. It’s an event and an experience that will pass. This is still a time to conduct financial planning going forward. We recommend that you don’t go it alone. Take advantage of family, financial planning and church support available to assist you through this challenging time. Use this experience as an opportunity to learn and grow. As challenging as this is anticipate better days ahead.

We have not addressed the possibility of a Mortgage Modifications. The reason being the topic of this series is Successful Selling in a Buyer’s Market. Next time we will look at: Pricing It Right

We are not suggesting that the information provided, by your Realtor, is any substitute for the advice of your legal or tax adviser. This information is provided as an example of the types of evaluations that are helpful, to Buyers and Sellers, when considering real estate transactions. Cottonwood homes for sale

Lake California’s Under Valued Boating & Salmon Fishing Amenities – Part 5 Cottonwood Homes For Sale

This is part 5 in the series on Lake California’s Under valued Amenities Cottonwood Homes For Sale

The Sacramento River boat launch access and Salmon fishing are little known features of home ownership in Lake California. While Salmon fishing has been closed along much of the Sacramento River a portion of the Sacramento River is still open for late fall Chinook (king) Salmon fishing Cottonwood (May 2009 DFG). That portion of the Sacramento River adjacent to Lake California is included in that open area . DFG reports consistent populations, of the Chinook Salmon, are still running here. For those in the market for a home very near some great fishing this is something well worth looking into. The launch fees are modest. The access to the Sacramento River is a fisherman’s dream. Cottonwood homes for sale

These are just some of the amenities of Lake California, Cottonwood, CA homes for sale. But then we can live with that!

In part 6 of our series we will look at the Lake California Airport that is a part of Lake California.

Lake California’s Under Valued Equestrian Amenities – Part 4 Cottonwood Homes For Sale

This is part 4 in the series on Lake California’s Under valued Amenities Cottonwood Homes For Sale

One of the seemingly well kept secrets is our Equestrian Center. For those in the market for Cottonwood Horse Property and Homes for Sale this is something well worth looking into. The corral fees are modest Direct riding access to the Sacramento River area as well as the Community Open Space, including some adjacent pasture lands, make this an ideal horse property. To find out more about the Lake California Equestrian Center including the reservation list click HERE. We can assist you in finding this and other Shasta Horse Property For Sale Cottonwood CA Homes For Sale

These are just some of the Under valued Amenities of Lake California, Cottonwood, CA homes for sale. But then we can live with that!

In part 5 of our series we will look at the Boating Facilities, Direct Access to the Sacramento River and SteelHead Fishing that are a part of Lake California’s Amenities.

$701,000 – 185 Healdsburg Ave. Healdsburg, CA

Great Location – Main Street Healdsburg Commercial Property with many uses!
Location – Location – Location! Corner property on Healdsburg Main Street, five-way intersection. Located one block from the downtown square. High traffic-count from freeway leading downtown. Approximately 5,000 square foot lot.
CH-1 zoning – (Uses Permitted)

Lake California’s Under Valued Scenic Amenities – Part 3 Cottonwood Homes For Sale

This is part 3 in the series on Lake California’s Under valued Amenities Cottonwood Homes For Sale

Shasta County is situated, in the northern end of California’s Sacramento Valley. The Valley is bounded on three by four mountain ranges. This photograph is taken of Mount Lassen to the east. Mount Lassen is a part of the Cascade Mountain Range. During the summer months Mount Lassen is not as easily distinguishable. But standing 10,451′ during winter the summit’s snow covered slopes cause it to stand out. The slopes of Mount Lassen may be reached in about 45 minutes driving time. Mountain views are not so uncommon for properties in the North State, Cottonwood, CA homes for sale. Therefore the views may not represent a real monetary value when Buying or Selling Cottonwood homes for sale. They are just one of the Under valued Amenities of Lake California, Cottonwood, CA homes for sale. But then we can live with that!

In part 4 of our series we will look at the Equestrian Facilities including the riding trails that are a part of Lake California’s Amenities.

REO Fixer-Upper Bargains, Cottonwood CA Homes For Sale , FHA 203k

The Bargains: Are you in the market for a home and seeking some real bargains. We would like to draw you attention to some often overlooked bargains in the real estate market in Cottonwood homes for sale There are really two categories of REO homes for sale. Those that are ready to move in and fixer- uppers. These fixer-uppers are additionally undervalued due to the inventory of ready to move in homes for sale. We have developed a team to assist you in taking advantage of these real estate bargains. Many times fixer-upper properties are overlooked due to the challenges created in assessing the costs of the repairs as well as funding the purchase and rehabilitation in a cost effective and timely fashion. We are able to provide you with these services in the following areas: Cottonwood, Redding, Anderson, Red Bluff, Chico and Oroville

The Benefits: Homes in this category can reap immediate rewards due to the increased value of the home once the work is completed. Final cost savings averaging approximately 10% under those of ready to move in homes can often be expected. Another added benefit is the enjoyment the rehabilitation improvements bring to your new Cottonwood home for sale. Due to the rehabilitation these homes require they do not generally attract the bidding activity of other low priced ready to move in homes.

The Loan: FHA 203K Rehab/Purchase loan. This loan is available with Loan To Value limits has high as 110%. The Rehabilitation portion of the loan can be as high as $35,000.

The Process: We have developed a uniquely comprehensive program to assist you with these property purchases and the challenges they represent. Our team consists of experienced Realtors and Licensed Contractors (lic. #360678) to provide all the services necessary to assist you with a smooth home purchase. We will assist you with the following:

• Prequalifying for the FHA 203k loan.
• Targeting homes that are within your budget and have what we refer to as “Good Bones”. We want to insure that the home you purchase will yield maximum benefits from the rehabilitation work. Our team of experts are able to assist you with a rapid 3 step evaluation process to determine the home’s rehabilitation potential.
• Once the potential of the home is confirmed. We work with you the buyer to develop a rehabilitation plan that fits the home’s needs as well as your vision for your home.
• Purchase of the property including coordination with the FHA lender.
• Contracting and timely completion of the rehabilitation phase for your new Cottonwood home for sale.

This is not a commitment to loan. Loans oac and are subject to HUD guideline, etc.

Successful Selling In A Buyer’s Market of Cottonwood Homes For Sale Part 3 of 8

This is the 3rd in an 8 part series on Successful Selling in a Buyer’s Market Cottonwood homes for sale

STEP 3 – Evaluate the Market: We will view that portion of the market that is most comparable to your property. If market history is unavailable for comparable properties then the available property sales will be considered, with adjustments as necessary, to assist in the evaluation. This information will be obtained by researching the following:

What has sold? A history of recent sales and trends will be gathered.

What is the status of pending sales? While this will not indicate the actual selling price it will provide the best indication of the most recent market activity and volume.

What is present inventory? This will represent your competition, so to speak, as we list and market your property. This information relative to past history is helpful.

How long will it take to sell your property? How many days were required before a sale was completed for the previously sold and pending sales properties. This information will assist you in the timing of your future plans.

How much are comparable homes selling for? We will obtain information regarding individual sales and their price points relative to days on the market. This information assists us in determining the effect that price has had on the sale of comparable properties.

What is the location, condition and age? As in most markets the location will have the greatest weight , followed by condition and age. If your home has some relative advantages to the existing inventory those well maybe leveraged to create an advantage for obtaining a sale. Although they may not represent an increase in the actual selling price in the present market in Cottonwood homes for sale

Continue to monitor the market. It is important to stay current with the market throughout the selling process. Markets can change for various reasons including fluctuations in inventory and interest rates, government stimulus packages and other regional events.

Next time we will look at: Process The Information

We are not suggesting that the information provided, by your Realtor, is any substitute for the advice of your legal or tax adviser. This information is provided as an example of the types of evaluations that are helpful, to Buyers and Sellers, when considering real estate transactions. Cottonwood homes for sale

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