Fontana CA, Appreciation rate and housing

HERE’S A QUICK GUIDE TO FINDING FORECLOSED PROPERTIES FOR SALE

Ameer Elahee

Recently, the rate of foreclosed homes has been increasing rapidly. Due to this increase, foreclosure investing has become an increasingly popular and effective real estate investment strategy. As an investor, when you obtain a foreclosed home, you have the option of either renting it out or flipping it. Sometimes, you might get confused about where and how to find foreclosed properties for sale. This article will highlight some of the sure sources you can find foreclosed homes for sale.

1.

2. REAL ESTATE AGENTS.

Consulting experienced local real estate agents is one of the best and ascertained ways of finding foreclosed homes for sale. Real estate agents have access to the MLS, where all foreclosed homes are listed. Additionally, real estate agents are likely to be more aware of nearby homes undergoing foreclosure at the moment. Therefore, consulting a qualified real estate agent is the best way to find foreclosed properties in any area.

ONLINE AUCTION EVENTS.

Continuous technological advancements have now made it possible for investors to attend real estate auction events from wherever you are virtually. Online auction events give investors a chance to easily invest in out-of-state property through virtual presence only.

You can attend virtual auctioneering events at popular websites such as Auction.com, RealtyBid.com, Foreclosure.com, Hubzu, Hudson and Marshall, Williams and Williams, etc.

When the auction process is over, the seller takes about 15 days or more to approve the winning bid. In case the winning bid is approved, the property is re-auctioned in an attempt to get a higher bidder.

GOVERNMENT AGENCY WEBSITES.

If you want to buy government-seized foreclosures, you can easily find them at respective websites of government agencies that offer financial services for real estate activities. Some of the agencies/websites where you can find the include;

U.S Department of Treasury- the Treasury Department is the best place where you can find listings of properties repossessed by the IRS for failure to pay internal revenue taxes. The properties here are also sold via auctions.

HomeSteps.com- the HomeSteps website features listings of foreclosed properties owned by Freddie Mac. The properties mostly include multi-family houses, condos, and single-family homes. Besides finding listed foreclosed homes, HomeSteps also offers loans with special benefits such as excluding mortgage insurance. However, HomeSteps is currently only available in select states, including Kentucky, Georgia, Illinois, Alabama, and Florida.

HomePath.com- the HomePath website belongs to the GSE, Fannie Mae. Here, you will find listings of foreclosure homes for sale in any U.S housing market.

MANUAL HUNTING.

Alternatively, you can also choose to drive or walk around the preferred area or neighborhood hunting for houses market as for sale. As you walk or drive around, you might stumble on signs indicating, ‘For Sale’ ‘Bank Repo’ ‘Bank Owned’ or ‘Foreclosure,’ signaling that the property is up for sale.

REAL ESTATE INVESTMENT SOFTWARE.

You can also consider utilizing the available real estate investment software such as Mashvisor, to analyze and easily find foreclosed homes for sale. Real estate investment software catalyzes the process of finding a foreclosed home for sale by constantly updating you with real-time data on what is happening on the housing market of your preferred region.

If you’re looking for a niche to invest in the real estate market, foreclosed houses are a good shot. However, ensure you carry out your due diligence before offering your commitment to a foreclosure deal.

Work cited.

https://www.mashvisor.com/blog/find-foreclosed-properties-for-sale/.

THE POWER OF STAGING! WHY GREAT PHOTOS WORK EVERY TIME

Ruby Frazier

In housing, staging is the art of setting up finished buildings with furniture and utilities to make them comfortable and habitable. Staging is an important marketing strategy, as it has also become a profession for many.

Professional stagers are more like interior designers, without brushes and paint. They must plan the setup best suited for a house design or layout, following market trends and art appreciation, while making an effort to appeal to the target audience.

Staging allows for the interior of a house to be photographed, looking beautiful and resplendent. The stage makes advertising easy because buyers need not worry about house setups or layout since the photographs already gave them a clear insight into what the houses should look like.

In marketing, the media plays a significant role in making commodities look appealing. Advertising is to media what Staging is to housing. They both help to sell items and services faster. When house adverts are put out, people always like to see what they’re going to compare their options before making choices based on market value or affordability. Visuals go a long way in bringing buyers closer to their dream destinations. Art speaks to people; wellcrafted art can entice even the most agreeable of persons.

Visuals (videos and photographs) help convince or seduce buyers, willing or unwilling, into patronage. Seeing is believing. With well-shot and carefully edited pictures, buyers are granted the opportunity to picture themselves living in these houses without the stress of driving to the buildings. Photographs are necessary for promoting homes in the market because the human brain tends to retain more visual memory than audio. With terrific

photos, prospective buyers are allowed to dream of these houses while they tour the market.

In staging, the primary purpose is to make the houses look appealing, so they appear great in photographs or videos regardless of the angles they are shown from. Staging ensures that houses can stand out from the competition in the housing market. Staging aids in marketing homes and also helps houses sell faster.

When staging, walking space must be adequate, and if possible, excessively allocated to suit market needs. Small furniture or decorations should be used in a small house to utilize the photographs’ space to portray the inner area more extensive than it is.

Photographs play a significant role in marketing. Great photos are marketing made easy. Humans are incredibly visual beings; we crave images and respond better to messages with pictorial or visual representations. The effects of great photographs on the target audience are mostly psychological; with the right gradients and colors in photos, the target market can be dissuaded from rejecting any type or size of the house.

House staging and great photographs work hand in hand in marketing houses; a beautifully staged home without photographs to put them on display is like a trained blacksmith without a forge. People want proof, asides from the real thing, what could be more natural than a visual representation of these houses? Nothing.

In the modern world, people are usually more concerned about glam. When staging houses, one must endeavor to make quality look glamorous. Pictures are worth a thousand words and more; in short they are essential. But the right photograph does so much to hide the irregularities in worded messages. Great photos express grandeur.

Reference:

https://www.investopedia.com/articles/mortgages-real-estate/08/ staging-home.asp https://www.moving.com/tips/10-best-home-staging-tips/

Do you knowPeppermint Ridge?

We provide a community of loving homes and empowering support services for individuals with intellectual and developmental disabilities.

support and encourage our residents to live their We lives and fulfill their dreams by fully embracing their indvidual abilities and interests. With 24-hour specialized care and staffing, we provide comfortable, secure homes and recognize that everyone feels a sense of belonging when they have familiar places in which to spend time with family and friends. is a true sense of family at Peppermint Ridge. Of the 94 adults who There live at The Ridge, 38 have lived here for more than 20 years, with 10 of those calling The Ridge home for 40 years or more. Residents have the opportunity to flex their muscles of independence while developing rich lives of their own away from their loved ones. About 30% of our residents have no family, so other Ridgers and our staff have become their family.

Many caring companies, organizations and individuals in the community enjoy getting to know The Ridge by helping on small projects, hosting fundraisers, lending a hand at events, volunteering in our office, and assisting residents in activities such as arts and crafts, pool days, horseback riding, music and piano lessons, and exercise classes.

825 Magnolia Ave • Corona CA 92879 • 951.273.7320 www.PeppermintRidge.org • Tax ID: 95-2409851

Carolyn SUNSERI

Carolyn Sunseri, a Sacramento resident, CA, is the Marketing Director at Golden State Finance Authority (GSFA). At GSFA, Carolyn is responsible for state-wide communications and marketing initiatives for a leading Housing Finance Authority, providing affordable housing programs for single-family, multi-family, and energy-efficient financing.

She is also in charge of developing and implementing a marketing strategy and media and public relations to increase business-tobusiness participation and provide solutions to meet California residents’ affordable housing needs. Carolyn also supervises the timely dissemination of information to internal and external audiences. Moreover, she oversees the content and design of publications, marketing, online communications, web sites, presentations, advertising, and trade-show participation.

Additionally, Carolyn is directly involved in training and educating lenders, realtors, and other business partners seeking affordable housing solutions for California residents.

The Golden State Finance Authority (GSFA) is a California Joint Powers Authority and a duly constituted public entity and agency, the mission of providing affordable housing and contributing to the social and economic well-being of California residents. The Authority was organized in 1993 and existed under and by virtue of Articles 1-4 of Chapter 5 of Division 7 of Title 1 of the State of California’s Government Code.

EDUCATION

In terms of education, Carolyn graduated in 1997 from California State University, Chico with a Bachelor of Arts specializing in Public Relations. Carolyn has over two decades of experience in marketing and public relations, mostly within the mortgage industry. Additionally, she has extensive experience in public speaking and various graphic design platforms.

BEFORE JOINING GSFA

Before joining the Golden State Finance Authority, Carolyn has worked in several posts relating to public relations and interaction with people. At one point, Carolyn was the sales and marketing manager at Sierra Tel Communication Group, where she headed a team and formulated marketing strategies and sales team management for the cell services provider. After about three years, Carolyn would head the sales support manager role at Citi, one of the US’s big financial providers.

At Citi, Carolyn was exposed to the world of financial services, which perhaps amplified her passion in the field. Soon after leaving Citi in February of 2006, Carolyn joined the National Homebuyers fund as the marketing director. She was mostly responsible for marketing, sales, and public relations for non-profit housing finance instrumentality in the various US States, mortgage lending, down payment assistance.

Carolyn’s Advocacy for Homeownership with GSFA Golden State Finance Authority (GSFA) develops and administers programs that provide a source of financing for residential home purchases or refinances commercial and residential energy efficiency improvement projects, multifamily housing construction and rehabilitation projects, and city and/or county infrastructure improvements.

GSFA has distinguished itself as a housing finance leader in California for over two decades, helping more than 79,700 persons and families purchase a home. GSFA has provided more than $585.7 million in down payment assistance and financing $809.6 million in energy efficiency improvement projects. There are various ways in which GSFA is also helping communities in California to bolster their economies through housing-related initiatives. Research has shown that when families have safe, stable, and affordable homes, they can better find employment, achieve economic mobility, perform better in school, and maintain better health. Carolyn has been at the core of this program. The main focus has been to provide financial assistance programs to help Californians purchase homes and/or make energy efficiency improvements to properties. GSFA also engages in philanthropic endeavors feasible to create and maintain healthy communities.

GSFA has stepped up to help communities in California through emergency disaster Assistance, where GSFA has provided over $3.5 million in emergency disaster assistance to address the impact of forest fires on California residents. The funds were provided to assist residents with

temporary housing and rebuild or obtain future long-term residences.

The initial shock and damage from fires are tremendous, but like any crisis, the long-term effect upon survivors and the entire community can be long-lasting. Fires have displaced thousands of California residents due to destroyed or damaged residences in recent years. Many residents suffer the loss of income as well, which can impair their ability to obtain or maintain housing due to various fires.

Here’s what Carolyn had to say:

“You’re probably familiar with the phrase, ‘knowledge is power?’ It has always resonated with me. The more you know, the more informed your decisions can be. But, the idea doesn’t just apply to individuals. Knowledge can set one apart in their profession. By learning about the resources, products, programs, and services available to meet the needs of today’s homebuyers, one can become a guide, an advocate, an educator themselves. You won’t just cultivate more successful home sales or mortgage loans, you will build a reputation of quality service and care that can lead to future referrals, repeat business and set you apart from your colleagues.” She continues to add, “Often, I receive letters from clients who recently utilized the GSFA down payment assistance programs to purchase a home. Many times, they share with me how when they heard about this type of assistance, they thought it was too good to be true.”

“Or they tell me how they had all but given up hope of owning their own home because the challenges to qualifying or saving for the down payment seemed insurmountable until they found out there was help out there. It’s those personal stories that mean so much to me. The couple who raised a whole family working full-time, moving from city to city, apartment to apartment, and who now in their 70’s are elated to have bought their first home. The single mother who prayed every day that she would find a way to buy a home in a good neighborhood where she could work from home and care for her special-needs child. The couple who after an unfortunate foreclosure several years ago, are proud to be returning to homeownership, a dream they thought was forever shattered. The personal stories move me. I feel like I am a part of someone’s success story. I share their enthusiasm, knowing that the products and programs my company makes possible are enhancing lives, strengthening communities through homeownership. I can’t describe how good that feels.

I’m proud to work for an organization that is constantly moving, innovating, enhancing products and programs whenever possible to meet the needs of lenders and homebuyers. We just passed a milestone recently, having helped over 80,000 individual and families in California to purchase a home, and provided more than $600 million in down payment and closing cost assistance.”

Carolyn is a homeownership advocate and a hero to many people. Anyone passionate about helping other people bridge the gap between poverty and wealth creation is a hero. You can find Carolyn almost every week on The Power Is Now Real Estate Roundtable, where she shares valuable information to guide you on the path to homeownership. To learn more about Carolyn and the GSFA, catch her on the next episode of The Power Is Now Real Estate Roundtable.