Unfortunately some people just aren't as ethical as we would like them to be. During the past week, the office I manage (Alain Pinel Realtors in Morgan Hill) has received about five (5) fraudulent contracts...all from the same source.
I reviewed the contracts and noticed it was from FAR/BAR which is the Florida Association of Realtors and Bar Association. Agents were given appropriate guidance and then I placed a call into my legal contact at the California Association of Realtors (CAR) resulting in a formal RealLegal Update. Be on the lookout for more and if you have any questions please feel free to stop by or call me.
It is imperative that we keep our Morgan Hill Realtors and community in tune with everything in the real estate market...good or otherwise.
Thursday, January 28, 2010
Sunday, January 17, 2010
Morgan Hill Real Estate Dreams
As Martin Luther King day approaches, I couldn't help but think of "dreams". Everybody has dreams and most of those dreams include home ownership. 2010 could be a great year for many people to achieve their dream of owning a home. Interests rates are down (but expected to rise), the $8,000 first time homebuyer credit has been extended until April 30th, and there are some good investments out their due to the recent market decline and distressed property inventory.
Morgan Hill is a wonderful community with a wide variety of home options, including: single family homes, town houses and condominiums, ranches, gated estates and equestrian properties. If you are home buyer, seller of real estate in Morgan Hill or an investor looking for properties that can cashflow, have good capitalization rates and gross rent multipliers, or are looking for agricultural lands for farming or commercial agriculture purposes then Morgan Hill is a good place to start.
The community has significant amenities with recently built Aquatic Center, YMCA, Sports Complex, Anderson Lake and Henry Coe State Park to name a few. Easy commuting via Hwy 101, 85 and in close proximity to 280, 680 and 87 make it an excellent community with a small town feel but only a short drive to employment opportunities in Silicon Valley.
Live the dream!! Come home to Morgan Hill, you won't be disappointed.
Morgan Hill is a wonderful community with a wide variety of home options, including: single family homes, town houses and condominiums, ranches, gated estates and equestrian properties. If you are home buyer, seller of real estate in Morgan Hill or an investor looking for properties that can cashflow, have good capitalization rates and gross rent multipliers, or are looking for agricultural lands for farming or commercial agriculture purposes then Morgan Hill is a good place to start.
The community has significant amenities with recently built Aquatic Center, YMCA, Sports Complex, Anderson Lake and Henry Coe State Park to name a few. Easy commuting via Hwy 101, 85 and in close proximity to 280, 680 and 87 make it an excellent community with a small town feel but only a short drive to employment opportunities in Silicon Valley.
Live the dream!! Come home to Morgan Hill, you won't be disappointed.
Friday, January 8, 2010
New GFE rules in effect
2010 represents a couple of changes in the real estate and lending processes. As of January 1, 2010 there is a new good faith estimate (GFE) for the lending community. There are also changes to the Truth in Lending. These are documents that buyers and sellers in Morgan Hill real estate have questions regarding. Take some time to familiarize yourself with these changes if you are a Realtor as it will enable you to add more value to your clients. If you are a consumer, home buyer, seller or investor in real estate contact your local Morgan Hill Realtor for more information and to help guide you through the transaction process.
Happy 2010 to everyone!!
Will Klopp
Happy 2010 to everyone!!
Will Klopp
Thursday, January 7, 2010
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