Real Estate Information

We will be hosting a home buyers seminar on Sat Jan 29th.  If you are thinking about buying we believe that it is very important for you to attend.  Of course there are no strings attached.  The point of this seminar is to give clear information on current loan guidelines as well as education on how current loan programs work.

Home loans can be very confusing especially because there are so many things that go into a mortgage payment.  GEM Mortgage, a direct lender that we have partnered with will go over in detail some of the different loan options there are out there so that when you come out of the 2 hour seminar you will be fully educated on your future home loan. 

If you would like one on one consultation and would like to make an appoint, please give us a call as we offer that as well. 

Must RSVP for Seminar
Call us at (877) 883-1003

If you are going through some kind of hardship with your home and you are looking for a solution to avoiding foreclosure, you NEED to watch this video.  We review the highlights of the HAFA program, tell you why it's a benefit over other methods, and we go over the important pages of the HAFA application so that everyone is fully equipped if they need to utilize this program.   

 We thought it would befun to create a video directed to buyers, sharing with them the importance of knowing exactly what you are looking for when shopping for a home.  A buyer may not always get everything they are looking for in a home at the time of purchase, but it is good for buyers to have a check list of things that they must have, and things that they would like to have but don't necessarily need at this point.  We were just working with a buyer that was looking into the Downey and Lakewood areas and they couldn't find a home with everything they wanted on their check list, but we were able to find them a great home and after it closed they completely forgot about all the negatives they original saw in the home and began to make all the changes and additions that they wanted to their home.  

Real Estate is holding strong in Downey and surrounding areas.  We have some interesting numbers to share with you.  As you can see from the graph below the average home sales since January 2009 have slightly fluctuated up one month, and down the next but there hasn’t been any drastic increase or decrease.  The market has maintained fairly stable.  The highest average sales price since Jan. 2009 was $327,180 which was in Jan 2010.  Just last month (Nov. 2010), SoCal MLS reports show an average sales price of $317,225 which is only $10,000 shy of the highest peak of 2010.  January 2011 is right around the corner and if January 2010 is any indicator of how next month is going to do, than we may be hopefully looking at higher values very soon. 

As far as homes sold goes for the month of Nov. 2010 we are seeing approximately the same number of homes being sold compared to Nov. 2009.  There were 702 homes sold in Downey and surrounding areas including but not limited to, Whittier, Lakewood, Long Beach, Bellflower, La Mirada, and La Habra (For full list of cities in this report view list below), compared to 664 in Nov. 2010.  You may be surprised, but financing is still readily available.  Only about 13% of the transactions for Nov 2010 were Cash deals which means that 87% of the homes sold in Nov of this year obtained some sort of financing.  So if you want to see if you qualify to buy a home in this market.  Please contact us!

We hope that you take advantage of this great market.  We are constantly obtaining new inventory so please continue to utilize our website and look through our featured properties at www.Mother-SonTeam.com/Properties... 

We just got back from the Star Power Advance in Austin TX, 2010 and we are excited to implement all that we have learned from 150 other top producing Realtors across the country... Being a part of this exclusive organization has inspired us to help as many families as we can.  We know that times are difficult for many families and it is our goal as real estate professionals to be able to aid as many families as we can in this correcting market. 

We had many opportunities to see what other agents from both East and West coast's were doing to help families in distress, as well as help families that may feel that now is their time to invest in real estate.  In some markets, some Realtors expressed that they are not experiencing families in distress but the majority of Realtors that we spoke with in this group knew that they needed to become short sale experts quickly to be able to aid their community.  And that’s exactly what we are doing in Downey, Lakewood, Bellflower, Whittier, and surrounding areas. 

Below are some of the pictures that we took during our brain storming sessions and some of the events we attended including the 3^rdAnnual Ronald McDonald House Charities 5K run.  We are completely blessed to be a part of an organization where Realtors really care about helping families and put others above themselves.

On December 3^rd we will be going down to Austin, TX for a real estate conference where we learn and exchange ideas with some of the top realtors in the country.  We are always looking for ways to better serve our community and help our clients with selling or buying there most valuable asset so we make sure that we are always up to speed when it comes to all aspects of real estate. 

Since we will be down in Austin at the same time as the Ronald McDonald House Charities 5K run we thought that it would be a great way to give back to the local community there in Austin by raising money for The Ronald McDonald House Charities organization.  They are a great organization that provides lodging and support services to families of critically ill and injured children.  We would love for you to support this great cause with us.  You can donate on the site that was provided to us through the organization by clicking this link, Donate to Ronald McDonald House Charities

We have been partnering with Pro Central Termite and Pro Builders for over a year now and we must say that we've never been happier working with such a great company.  Pro Central Termite and Pro Builders is one of the first companies that we recommend when our clients need any termite work, remodeling, renovations, handy work, and all contruction needs for that matter.  Check out their work in their video above.  They are very reasonably priced and we only recommend the best to our clients. 

We specialize in listing and selling homes for our clients in Downey and the surrounding areas.  In this video we show you how we stand out in the community, giving us the ability to sell your home in a creative way that stands out from among the competition.  Play the video above to see a couple of the tools and strategies that we use to help sell our clients homes more effectively in this evolving real estate market.   

We are proud to announce that we have joined forces with GEM mortgage, now working as our direct lender.  Ray Escano and Carlos Villegas, principals of the GEM branch office in Carson, have over 50 years of Real Estate/Lending experience.  In this real estate market, as banks have tightened their lending guidelines, and buyers have been finding it difficult to obtain financing on their homes, we thought it would be a wise decision to partner with a direct lender that is highly aware of all the changes that are taking place in the lending world as well as being very competitive when it comes to interest rates.  Our clients always come first and we make sure that they always get the best deal that’s out there! 

Working with a direct lender has many advantages.  For one, the process is a lot speedier and we are able to close and finance a loan in a timely manner.  Being that this market is filled with short sales and REO’s that have strict timelines on closing, meeting deadlines is essential and could ultimately determine whether a buyer falls out of escrow or not.  Secondly, working with a direct lender, a buyer is always going to get highly competitive interest rates and all the junk fees that normally come up with other lenders don’t apply in our case. 

We are excited about working with GEM mortgage mainly because we know that our clients will be happier.  We can never stress enough how important our clientele is to us and we know you will be extremely satisfied with the service you get and definitely happier with the terms of the loan you obtain.