New Plan to Help Home San Ramon & Danville Home Owners

San Ramon, CA – If you have a home with a conforming loan limit then you will qualify for this new program.  If you can aford  a mortgage payment of 31% debt to income ratio on your mortgage then you will qualify.  Talk to your bank first.  You must establish a need first, it is not for people who just want to jump on the bandwagon.  More detail will come on March 4, 2209.

Contact us if you need more help.

Best Wishes,

Sam

Economic Stimulus Plan Benefits San Ramon Home Owners

San Ramon CA

Revised February 17, 2009

Just signed and sealed…a $787 Billion Stimulus Plan made up of tax cuts and spending programs aims at reviving the US economy. Although the package was scaled down from nearly $1 Trillion, it still stands as the largest anti-recession effort since World War II.

Home owners and potential homebuyers stand to gain from key provisions in this stimulus plan. Here is what we know as of today…

---

Tax Credit for Homebuyers

First-time homebuyers who purchase homes from the start of the year until the end of November 2009 may be eligible for the lower of an $8,000 or 10% of the value of the home tax credit.  Remember a tax credit is very different than a tax deduction – a tax credit is equivalent to money in your hand, as opposed to a tax deduction which only reduces your taxable income.

The tax credit starts phasing out for couples with incomes above $150,000 and single filers with incomes above $75,000.  Buyers will have to repay the credit if they sell their homes within three years.

---

Additional Housing-Related Provisions

Tax Incentives to Spur Energy Savings and Green Jobs — This provision is designed to help promote energy-efficient investments in homes by extending and expanding tax credits through 2010 for purchases such as new furnaces, energy-efficient windows and doors, or insulation.

Landmark Energy Savings — This provision provides $5 Billion for energy efficient improvements for more than one million modest-income homes through weatherization.  According to some estimates, this can help modest-income families save an average of $350 a year on heating and air conditioning bills.

Repairing Public Housing and Making Key Energy Efficiency Retrofits To HUD-Assisted Housing—This provision provides a total of $6.3 Billion for increasing energy efficiency in federally supported housing programs. Specifically, it establishes a new program to upgrade HUD-sponsored low-income housing (for elderly, disabled, and Section 8) to increase energy efficiency, including new insulation, windows, and frames.

Expanding Housing Assistance—This provision increases support for several critical housing programs. It includes $2 Billion for the Neighborhood Stabilization Program to help communities purchase and rehabilitate foreclosed, vacant properties.

---

More Help for Homeowners in the Future

Another thing to keep an eye on in the coming weeks is President Obama’s plan to help struggling borrowers before they are faced with a default on their mortgage.

According to reports, the Obama administration is discussing plans to help borrowers who are struggling to stay afloat, but who have not yet fallen behind on their payments. At this point, details are scarce; however, reports indicate that President Obama is looking to spend approximately $50 Billion to directly help homeowners before they face foreclosure and financial disaster.

While this is good news for individual homeowners, it will likely be good for the housing industry as a whole. That’s because, assisting struggling borrowers before they default should help stop the wave of foreclosures, which are estimated to top two million this year. That, in turn, will help stabilize home prices.

The Economic Stimulus Plan is huge, and impacts a number of industries. I’ve highlighted some of the major provisions that may impact you now and in the future.

As always, if you have any questions or would like to discuss how this may specifically impact you, I’d be happy to sit down with you. Just call or email me to set up an appointment.

Current homeowners will have options to avoid disaster.

If you need help with your loan to be modified we can help you for free, we have help countless people with absolutely no charge.   Click here to contcact us…

Bailout and what it means? Fedral Reserve Good or Bad.

Danville-CA- Hello a recent comment on my blog about how the Federal Reserve is a fake and just out get the American people is wrong in my opinion.   The problem is not with the Federal Reserve  it is with the fundamentals of our economy.   We are a nation based on debt and until we save more money to pay for things with cash we will always be at the mercy of market fluctuations and turbulence.  The United States is still the greatest country on earth but not for long.  It is just a natural business cycle (evolution) like when we have forest fires.  After the devastation there is room for new growth.  It is the same for the US we had great growth spurt after World War II and maybe for more years to come but it can not last for ever.  The great economic power houses through out history of all come and gone. (Egypt, Persian, Greek, Roman, Turk, Spain, France, England, Germany and now through US & Japan).  The new rising stars are going to be China and India.  Fact is you can not have indefinite growth.  Getting back to the Federal Reserve they are doing the best they can to manage a situation out their control.  While I can understand the frustration, when the dust settles, we will look back and be greatful for what the Federal Reserve did.  I heard a great comment from someone on CNBC that recessions are like having a baby, while your going throught it’s very painful but once it’s over, you a happy family.  In a couple of years we too will be a happy family.  This country will remain strong as long as we stay resliant &inovative and lead rather than retreat.  

To Your Success,

Sam Parwiz

PremierRealtorsTeam.com

Sparwiz@rockcliff.com

 

San Ramon Bank Owned Homes

List Price	Description	Bed	Bath	SqFt.	price/SqFt
$169,900.00	Cute and Cozy Condo Great Starter Home in the Vinters	1	1	726	234
$294,900.00	Sparkling Clean Uper Condo Unit off of Norris Cannyon	2	2	1164	253
$299,900.00	Lower Condo Unit Foothills Area	2	2	1179	254
$549,900.00	Tri-Level Beauty w/ updated kitchen and Attrium on 3rd Floor	5	3	2695	204
$652,000.00	Gale Ranch Awsome all most new with granite countertops in kitchen open and birght	3	2	2543	256
$799,900.00	Huge & Expansive Single Story with Hardwood Floors and Granite Counters	5	3	3023	265
$841,900.00	Big Beautiful & Comtemperary Home in Windemere Built in 2002. Close to award winning schools and brand new shopping center.	4	3	3296	255
$855,000.00	Grand House with Hardwood floors and Granite Countertops.  All stainless steel appliances.  Looks like it belongs in a magazine	5	4	4149	206
$1,096,900.00	Largest model in the Gallery at Gale Ranch. Three fireplaces, granite kitchen, one bedroom & full bath downstairs.	4	3	4673	235
$1,754,000.00	A MUST SEE! Stunning home w/over 6800sq. ft. Panoramic views of hills & golf course. Bonus rm/6th br, library, exercise rm, wine alcove, huge MBR w/retreat, gourmet kit w/center island, slab granite counters, courtyard w/frplc & much more!	6	5	6819	257

Q. Do you want to make money?

Q. Do you want a great deal?

Q. Do you like paying less than full price?

If you answered yes to anyone of the above questions then let’s talk.  For further information e-mail sparwiz@rockcliff.com or Premier Reators Team.

To Your Success,

Sam

10 Best Priced Homes in San Ramon, CA

List Price	Address	Bedrooms	Baths	Sqft Apx	Price/ Sqft.
$549,900.00	PINE VALLEY RD	5	3	2695	204
$675,000.00	RIVIERA WAY	5	3	2725	248
$699,900.00	MARE LANE	4	3	2776	252
$799,000.00	MIDDLEBROOKE WAY	4	3	3223	248
$849,000.00	ALCOSTA BLVD	4	3	3468	245
$855,000.00	KNIGHTSBRIDGE WAY	5	4	4149	206
$875,000.00	Dromana ct	5	4	3472	252
$949,000.00	TAMWORTH LN	5	4	3824	248
$960,000.00	Wells Ct.	5	3	3992	240
$980,000.00	Kyler Court	6	4	3984	246
$1,096,900.00	VIOLETTA CT	4	3	4673	235

If you need further information contact:   sparwiz@rockcliff.com

Best Wishes in your Home Search,

Sam Parwiz

PremierRealtorsTeam.com

San Ramon & Danville Bank Owned Propterties

 

Danville, CA – On my last post we talked about the future of our market place.  I had mentioned how to make money in this real estate market.  Given the current market conditions you can make a lot of money by buying one the following Bank Owned properties.  These homes represent the best value.  Recently a client of ours purchased a 1 million dollar property for $695,000 with $13,000 credited for repairs.  Do deals like this exist? Yes , you are looking at them.  I also found properties in Antioch for under $50,000 with positive cash flow.

Bottom line is this if you want to make money then buy now and cashflow while the market comes back.  Then sell when everybody and theire mother is going to be buying real estate.  The Rockafellers and Vanderbelts all made themselves extremely rich during time of ecomic down trun.

I can prepare a list of investment oppertunities available right now in area.  So start making your fortune today call for a free list of investments.

To your success,

Sam Parwiz

sparwiz@rockcliff.com

925-219-5144

P.S. I am looking for smart investors to take advantage of todays great buys.

 

 

List Price	Address	Bedrooms	Baths	Sq Ft Apx	DOM
$439,900.00	117 Summerside	3	2	1542	76
$454,900.00	243 Ashley Cir	3	2	1292	19
$469,000.00	1413 ARIANNA LN	3	2	1605	89
$490,900.00	48 SPRINGSONG COURT	2	2	1405	26
$504,900.00	726 OLD CREEK RD	2	2	1440	33
$509,900.00	9871 Brunswick	3	2	1530	14
$519,900.00	7259 BRIZA LOOP	3	2	1419	29
$525,000.00	9766 DAVONA DRIVE	4	2	1407	43
$525,000.00	154 MEADOWOOD CIR	3	2	1558	112
$539,000.00	948 SPRINGVIEW CIR	3	2	1720	63
$581,900.00	2919 PINE VALLEY RD	5	3	2695	1
$594,900.00	2844 SOMBRERO CIR	3	3	1972	7
$595,000.00	686 SILVER LAKE DR	3	2	1553	40
$599,999.00	3239 Pine Valley Rd	3	2	2170	28
$740,000.00	8275 SATURN PARK DR	3	2	2543	41
$740,000.00	621 E SANTANDER DR	3	2	2718	40
$784,900.00	205 NANTERRE ST	3	2	2628	42
$799,900.00	20 LEEDS E CT	3	2	2459	98
$821,900.00	35 SUGAR PINE LN	3	2	2814	41

San Ramon Valley 2009 Real Estate Forecast

Danville, CA – As you watched the stock market drop every day for the last two weeks you are probably wondering what is going to happen in real estate?  The San Ramon Valley is still going to adjust in price until we hit the bottom.  So where is the bottom?  The bottom is going to be 10-15% below the market price of your home in 2003.  This is not my prediction this what former Fed Chairman Alan Greenspan said more than two years ago.  Right now, if you want to sell your home, we are at the 2004 price point.  I am willing to bet that if you bought your home in 2004, you can’t sell it right now because your real estate agent is asking you to reduce your price.  We saw this happen in places like Antioch and East County last year and half. 

Now we are feeling the pinch in the San Ramon Valley.  Many people along the 680 corridor from Walnut Creek to Pleasanton took out negatively amortized mortgages that are coming due this next year.  The full impact of these homes going into foreclosure will be felt in the next two years.  The light at the end of the tunnel is December 2010. 

In the meantime, if you don’t have an urgent need to sell just hang tight.  Otherwise if you have too sell and have the equity the sooner you sell the better off you are.  In my next blog, I will show you how to make money in this market…

Best Wishes,

Sam Parwiz

 

 

 

 

 

 

sparwiz@rockcliff.com

922-219-5144

www.PremierRealtorsTeam.com

$700 Billion Dollar Bailout is good for San Ramon and Danville Real Estate…

$700 Billion Dollar Bailout is good San Ramon and Danvill Real Estate…

The bailout package is good for The San Ramon & Danville Real Estate Market and here is why?

1. The money will be used to buy back loans from investors around the world holding paper on your house in San Ramon or Danville.

2. This will free money from investors in bad loans sold to them by Wall Street investment banks.

3. Now investors are free to invest in US Markets again with out the fear of total loss.

4. US companies can borrow money again from foreign investors to rebuild their business again.

5. End Result US Economy can stay a float.

This is a short term fix to get mainly foreign investors to feel good about investing in the US Markets. Until we as Americans can start to save again we will always at the mercy of foreign money.  Right now our national savings is pretty much nil, which is why the Chinese who save their money, can bank roll our way of life.  This relationship withthe Chinese can’t be sustained for ever and something must give.  I am not sure of the long term solutions but on thing is for sure if we don’t act now we could be in this mess for a least ten years or longer.  You don’t have go back to far in history to see where this happened just look at Japan.

Sam Parwiz

925-219-5144

San Ramon and Danville Realtor

San Ramon’s Bank Owned and Forclosures Home for Sale

List Price	Address	Bedrooms	Baths	Sq Ft Apx
$529,900.00	PETAR PL	4	2	1542
$544,900.00	BRUNSWICK WAY	3	2	1533
$549,000.00	BAYPORTE WAY	3	2	1436
$549,900.00	BROADMOOR DR	3	2	1402
$554,900.00	SPRINGVIEW CIR	3	2	1720
$575,000.00	MEADOWOOD CIR	3	2	1558
$599,900.00	Westwood Avenue	4	2	1850
$617,500.00	TALAVERA DR	4	3	1880
$624,900.00	VALLEJO PL	5	2	2194
$630,500.00	SEVILLE PL	4	2	2139
$649,900.00	LORETO DR	4	3	1988
$689,900.00	WYCLIFFE LN	4	2	2232
$689,900.00	CHERRY HILLS LN	4	2	2182
$785,000.00	CANYON CREST DR	3	2	2444
$1,049,900.00	IRIS LN	4	3	3871
$1,699,000.00	WYCOMBE CT	5	5	5312
$2,099,000.00	Cypress Hawk Court	6	5	6819

Top 10 Best Deals in San Ramon CA

List Price	Address	Bedrooms	Baths	Sq Ft Apx	DOM	List $/SqFt
$649,950.00	CANYON GREEN CT	3	2	2354	82	276
$650,000.00	Watermill Rd	4	3	2346	59	277
$920,000.00	CHANCERY WAY	5	3	3317	239	277
$930,000.00	YORK LN	4	4	3474	159	268
$950,000.00	DROMANA CT	5	4	3472	96	274
$1,010,000.00	JAMIE PL	5	3	4000	47	252
$1,030,000.00	WATERVALE WAY	5	4	3707	311	278
$1,039,999.00	TAMWORTH LN	5	4	3824	68	272
$1,155,000.00	STONEHENGE WAY	5	3	4176	116	277
$1,174,900.00	CARAMOOR LN	5	5	4237	7	277