Banker's Market

People ask me all the time, "Buyer's or Seller's Market Jason?"
Over the past couple years in Marin Real Estate we have not been in a Buyer's or a Seller's Market....we have been experiencing a Banker's Market.
There are basically three ways to buy houses in this Marin County Banker's Market.
1. Traditional sale (or no Banks involved!). These are old school sales where the Seller has equity in the property and negotiates a fair price with a Buyer. Negotiations tend to be a bit more emotional (for the Seller), but in the end after 30 days and a bottle of Champagne, I hand the Buyer Keys.
2. REO - or "Real Estate Owed"...Foreclosures are more and more common and a nice way to get a home at a good price. They tend to be competitive with multiple offers here in Marin...everyone seems to love a good foreclosure! Negotiating is never emotional..it is formula driven and straight forward. Asset Managers (the Seller's in the REO game) will negotiate within 3-5% of their purchase price. Sometimes more, but 3% is the general rule. The time frames during the transaction and through to close and champagne are the same as traditional sales....
3. Short Sales - Probably the most commonly confused transaction! Short Sales ironically take the longest to close. If you are guided through a short sale purchase with a short sale exert (like all of us here at Heath Real Estate) this is the niche in the market where Buyers can get the best deal. They can be painful and frustrating, but they can pay off in equity. Negotiations are erratic and low ball offers are often accepted....however, banks can counter the price during the process after they do their standard appraisal. I would love to walk you through the process (if I have not already). Too long for a blog! Just call my cell 7 days a week and I will break it down: (415) 686-0589
Happy Holidays!!
Jason

Heath Real Estate Grows

So...I have not been blogging for a while, but I am recommitted. Something is happening out there in Marin County Real Estate. Everyone seems to be Busy. I have having my best year ever...In fact, I have been too busy to Blog! It has been a fun Fall here in 2011. Heath Real Estate has grown with the addition of Marin County veteran Realtors: Matt Hughes and Arun Burrell. Our website is growing, our company is growing, our enthusiasm is palatable.

www.Heath-realestate.com

When I started Heath Real Estate in Marin County a year and a half ago, I utilized the Internet with our wonderful search engine www.marinhomesearcher.com to bring the best technology to my clients searching for homes and marketing for our listings. We have a very strong Google presence...we are hard to miss. Now I am proud to announce, after a couple of web designers, we settled on David Tierney of Designs by Tierney to create: http://www.heath-realestate.com/

Our new website, http://www.heath-realestate.com/ is the perfect tool for home Buyers and Sellers. Please take a moment to look at our recent sales, listings and testimonials.

I look forward to working with you!

Spacious San Anselmo New Listing - Not on MLS

Please join me for a private tour of my new pocket listing on Thursday from 11AM to 2PM at 27 Humboldt Ave. in San Anselmo. Come see a great house and enjoy a Sushi lunch!

Spacious wonderfully appointed San Anselmo home in a dream location, walking distance to both San Anselmo and Fairfax; close proximity to parks and award winning schools. Features include: an open and airy great room with cathedral ceilings, hardwood floors throughout, and large bedrooms; landscaped front and back yards, with a level play area, and multiple decks. Main house is a contemporary 2700 sqft 3 bedroom and 21/2 baths. The detached office/granny unit is over 400sqft with a permitted full bath. Enjoy cooking in the modern updated chef’s kitchen complete with high-end stainless appliances and granite counters. Relax in the master bedroom suite with private deck and spa. Have dinners with a view on the oversized deck off of the dining room. This home is the essence of California indoor – outdoor living.

Take a look at the virtual tour:

http://www.obeo.com/u.aspx?ID=6452

Please call me with any questions or to arrange a private showing at 415.451.4999

New Penngrove Listing

I have a fantastic new listing in Penngrove coming up next week.

This custom built dream home was lovingly designed and constructed by the owner/ builder. A single story masterpiece with an open floor plan. The home features 4 bedrooms, 41/2 baths, over 4,000 sq ft of living space, and a 2/3 of a acre flat lot. Cooking is a dream in the Gourmet chef's kitchen with custom-made cherry cabinets, granite counters, and high end stainless appliances. Every bedroom is complete with a walk in closet and a full bath. The Master suite includes his & hers walk-in closets and a breath taking master bath with marble floors, granite vanities, Jacuzzi tub, steam shower and custom cabinets. Relax and dine all year around on the 915sq ft covered patio in the back yard; indoor/ outdoor California living at it's best.

Please take a moment to look at the pics:

http://www.Obeo.com/643104

Listed at 975K this property is a true value and priced to sell.

Please call me with any questions: (415) 686-0589