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      <title>Celhomes.com - Real Estate Professionals</title>
      <link>http://www.celhomes.com/blog/</link>
      <description>Contact Us: (916) 601-6376 or (916) 989-1805</description>
      <language>en</language>
      <copyright>Copyright 2012</copyright>
      <lastBuildDate>Fri, 18 Nov 2011 01:46:46 -0800</lastBuildDate>
      <generator>http://www.sixapart.com/movabletype/</generator>
      <docs>http://blogs.law.harvard.edu/tech/rss</docs> 

            <item>
         <title>Market Update</title>
         <description><![CDATA[<strong>What to Expect with Home Prices in the Next Few Months</strong>

California's median home price has shown some welcome stability in recent months, hovering around the $290,000 mark since March. But what is likely to happen over the rest of the year? Are there opportunities between now and December 31?]]></description>
         <link>http://www.celhomes.com/blog/2011/11/market_update.html</link>
         <guid>http://www.celhomes.com/blog/2011/11/market_update.html</guid>
                  <category domain="http://www.sixapart.com/ns/types#category">News</category>
        
        
         <pubDate>Fri, 18 Nov 2011 01:46:46 -0800</pubDate>
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            <item>
         <title>Wells Fago/Wachovia Settlement </title>
         <description>All those former and current Wachovia and Wells Fargo customers that there is 2 billion dollar settlement that you should inquire about. Wells Fargo agreed to provide loan modifications worth more than $2 billion to thousands of California homeowners with &quot;pick-a-pay&quot; loans and to pay an additional $32 million to thousands of borrowers who lost their homes through foreclosure. If you lost your home and had a &quot;pick-a-pay&quot; loan you could be entitled to a settlement.</description>
         <link>http://www.celhomes.com/blog/2011/02/wells_fagowachovia_settlement.html</link>
         <guid>http://www.celhomes.com/blog/2011/02/wells_fagowachovia_settlement.html</guid>
                  <category domain="http://www.sixapart.com/ns/types#category">Short Sale</category>
        
        
         <pubDate>Sat, 19 Feb 2011 14:34:48 -0800</pubDate>
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            <item>
         <title>Real Estate News </title>
         <description><![CDATA[New York Times

<strong>Online mortgage shopping made easier</strong>
The vast amount of information available online about mortgages – such as interest rates, loan benchmarks, prepayment penalties, and the like – can cause home buyers to feel confused and overwhelmed when shopping for a mortgage.  Most surprisingly, a recent survey found that only 61 percent of homeowners surveyed said they comparison shopped for a mortgage, and 39 percent said they took out a home loan based on just one quote. ]]></description>
         <link>http://www.celhomes.com/blog/2011/02/real_estate_news.html</link>
         <guid>http://www.celhomes.com/blog/2011/02/real_estate_news.html</guid>
                  <category domain="http://www.sixapart.com/ns/types#category">News</category>
        
        
         <pubDate>Sat, 12 Feb 2011 21:23:19 -0800</pubDate>
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            <item>
         <title>Deficiency Judgments</title>
         <description><![CDATA[Well the Governor vetoed SB 1178, but he signed SB 931, which gives to Homeowners No Deficiency Judgment on their 1st Trust Deed in a Short Sale. Here is how it affects different loans:

New For 2011  --------------------------------No Deficiency Judgment

One-to-Four Residential Units ------------------- Yes
5 + Residential Units -------------------------------- No
First Trust Deed  ---------------------------------------Yes
Second Trust Deed ---------------------------------- NO
Purchase Money Loans ---------------------------- Yes
Rate-and-Term Refinance -------------------------- Yes
Cash-out Refinance ---------------------------------- Yes
Owner Occupied Home ----------------------------- Yes
Non-owner Occupied Home ----------------------- Yes
2nd Home ----------------------------------------------- Yes
Vacation Home ---------------------------------------- Yes

To download SB 931 :<a target="_blank"href="http://www.celhomes.com/blog/files1/sb_931_bill_20100930_chaptered.pdf">Download file</a>
]]></description>
         <link>http://www.celhomes.com/blog/2011/02/well_the_governor_vetoed_sb.html</link>
         <guid>http://www.celhomes.com/blog/2011/02/well_the_governor_vetoed_sb.html</guid>
                  <category domain="http://www.sixapart.com/ns/types#category">Short Sale</category>
        
        
         <pubDate>Tue, 08 Feb 2011 01:28:37 -0800</pubDate>
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         <title>Road to Nimbus Dam</title>
         <description><![CDATA[Sometimes you have to enjoy what your community has to offer. We were on a walk today to Nimbus Dam and we thought we had to share experience.

<a href="http://www.celhomes.com/blog/photos1/road%20to%20nimbus2.jpg"><img alt="road%20to%20nimbus2.jpg" src="http://www.celhomes.com/blog/photos1/road%20to%20nimbus2-thumb.jpg" width="366" height="380" /></a>]]></description>
         <link>http://www.celhomes.com/blog/2011/02/road_to_nimbus_dam.html</link>
         <guid>http://www.celhomes.com/blog/2011/02/road_to_nimbus_dam.html</guid>
                  <category domain="http://www.sixapart.com/ns/types#category">Fair Oaks</category>
        
        
         <pubDate>Mon, 07 Feb 2011 20:08:41 -0800</pubDate>
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            <item>
         <title>Avoid Foreclosure Scams</title>
         <description><![CDATA[How to avoid foreclosure-related scams can be a tough proposition. When your home is in foreclosure the process is a public. A Notice of Default (the first stage of a foreclosure) is a publicly recorded document. Many legit and unscrupulous people monitor those recordings. You must remain tough with all the letters and calls you will receive. Download my Avoiding Foreclosure Scams for more information on what to lookout for.
<a target="_blank" href="http://www.celhomes.com/blog/files1/Avoid%20Foreclosure%20Scams.pdf">Download file</a>
]]></description>
         <link>http://www.celhomes.com/blog/2011/02/avoid_foreclosure_scams.html</link>
         <guid>http://www.celhomes.com/blog/2011/02/avoid_foreclosure_scams.html</guid>
                  <category domain="http://www.sixapart.com/ns/types#category">Short Sale</category>
        
        
         <pubDate>Mon, 07 Feb 2011 16:46:34 -0800</pubDate>
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            <item>
         <title>Remodeling Cost vs Value Report</title>
         <description><![CDATA[As part of the 2010-11 Remodeling Cost vs. Value Report, REALTORS® recently rated exterior replacement projects among the most cost-effective home improvement projects, demonstrating that curb appeal remains one of the most important aspects of a home at resale time.
“This year’s Remodeling Cost vs. Value Report highlights the importance of exterior projects, which not only provide the most value, but also are among the least expensive improvements for a home,” said National Association of REALTORS® President Ron Phipps, broker-president of Phipps Realty in Warwick, R.I. “Since resale value can vary by region, it’s smart for home owners to work with a REALTOR® through the remodeling and improvement process; they can provide insight into projects in their neighborhoods that will recoup the most when the owners are ready to sell.”

You can also go their website at: <a target="_blank" href="http://www.remodeling.hw.net/2010/costvsvalue/national.aspx">http://www.remodeling.hw.net/2010/costvsvalue/national.aspx</a>
]]></description>
         <link>http://www.celhomes.com/blog/2011/01/remodeling_cost_vs_value_repor.html</link>
         <guid>http://www.celhomes.com/blog/2011/01/remodeling_cost_vs_value_repor.html</guid>
                  <category domain="http://www.sixapart.com/ns/types#category">Home Marketing</category>
        
        
         <pubDate>Tue, 25 Jan 2011 12:46:27 -0800</pubDate>
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            <item>
         <title>News in Real Estate</title>
         <description><![CDATA[Smart Money Real Estate:
Finally a good investment? The housing market still looks pretty bleak: There were a record 1 million foreclosures last year, home prices are still falling in many regions, and the number of "underwater" properties is at a record high. And things don't look much better in other areas of real estate. The number of construction jobs continues to decline, even as other parts of the economy have added jobs. And mortgage rates have moved higher as long-term Treasury yields have backed up during the past few months. Basically, the real estate market remains a mess. Real estate encompasses a wide range of markets – homes, apartments, hospitals, office buildings, strip malls, dormitories and other properties. But for our purposes, let's focus on residential real estate, or homes. Here are four reasons to think residential real estate might represent a bargain – with one big caveat. KEEP THIS IN MIND •Everyone hates homes - When the housing market is in the doldrums, people tend to avoid thinking about the value of their home. Sellers complain they’re not getting offers and buyers bemoan the strict lending requirements. However, prospective buyers should be contrarian and take advantage of a down housing market. •Smart people are buying real estate - A prominent hedge-fund manager said in a speech last fall: “If you don’t own a home, buy one. If you own a home, buy another one, and if you own two homes, buy a third and lend your relatives the money to buy a home.” He believes that interest rates and home prices will rise this year, so real estate bargains won’t last much longer. •Real estate performs well during inflation – Convention says Treasury Inflation Protected Securities, commodities, and real estate do well in an inflationary environment. Real estate performed well during the period in the 1970s, when persistent inflation and high unemployment occurred. •Demand may be coming back - Job creation and getting people employed are the two major factors in the housing rebound. There’s much debate about when the job market will recovery. Optimists say the recovery will happen this year, while pessimists say it won’t happen for several years. 
Read the full story <a target="_blank"<a href="http://www.smartmoney.com/personal-finance/real-estate/-1295050347411/Jan. 20, 2010Page ">http://www.smartmoney.com/personal-finance/real-estate/-1295050347411/Jan. 20, 2010Page </a>
For more news go to: <a target="_blank"<a href="http://www.celhomes.com/blog/files1/Beyond_the_Headlines__012010.pdf">files1/Beyond_the_Headlines__012010.pdf</a>
]]></description>
         <link>http://www.celhomes.com/blog/2011/01/news_in_real_estate.html</link>
         <guid>http://www.celhomes.com/blog/2011/01/news_in_real_estate.html</guid>
                  <category domain="http://www.sixapart.com/ns/types#category">News</category>
        
        
         <pubDate>Fri, 21 Jan 2011 16:05:23 -0800</pubDate>
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            <item>
         <title>Fannie Mae launches interactive video tool to help homeowners</title>
         <description><![CDATA[Fannie Mae recently launched WaysHome, a free, interactive multi-media tool designed to educate homeowners about their options to avoid foreclosure, empower them to make informed decisions, and motivate them to take action and seek help in 2011. As part of Fannie Mae’s “Know Your Options” initiative to help struggling homeowners, the WaysHome video uses innovative technology to allow homeowners to put themselves in real-life situations, make informed choices, and immediately see the outcomes of those actions. WaysHome is available at <a target="_blank"href="http://www.KnowYourOptions.com">www.KnowYourOptions.com</a>.
]]></description>
         <link>http://www.celhomes.com/blog/2011/01/fannie_mae_launches_interactiv.html</link>
         <guid>http://www.celhomes.com/blog/2011/01/fannie_mae_launches_interactiv.html</guid>
                  <category domain="http://www.sixapart.com/ns/types#category">Alternatives To Foreclosure</category>
                  <category domain="http://www.sixapart.com/ns/types#category">News</category>
                  <category domain="http://www.sixapart.com/ns/types#category">Short Sale</category>
        
        
         <pubDate>Thu, 13 Jan 2011 11:37:19 -0800</pubDate>
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         <title>SB 1178 (Corbett) Anti-Deficiency Protections Vetoed by the Governor</title>
         <description><![CDATA[SB 1178 (Corbett) Anti-Deficiency Protections - Anti-Deficiency rules protect a borrower from
personal liability on a purchase money mortgage which goes into default and eventually Judicial
foreclosure. Due in part to declining interest rates, many purchase money mortgages have been
refinanced and have lost their characterization as "purchase money". Homeowners were not
informed by the lender that when they refinanced they lost their legal protections and may be
personally liable for the difference between the value of the foreclosed property and the amount
of the loan. C.A.R. sponsored SB 1178 attempted to extend borrowers’ anti-deficiency protections
to refinanced purchase money mortgages. This bill originally would have extended borrowers’
anti-deficiency protections to cover the refinance of purchase money mortgages that included
cash out used to substantially improve the property, but was amended to apply only to the
refinance of purchase money mortgage with no cash out. The lending industry was strongly
opposed. 
<strong>Status: <strong>Vetoed by the Governor on September 30, 2010</strong></strong>]]></description>
         <link>http://www.celhomes.com/blog/2010/12/sb_1178_corbett_antideficiency.html</link>
         <guid>http://www.celhomes.com/blog/2010/12/sb_1178_corbett_antideficiency.html</guid>
                  <category domain="http://www.sixapart.com/ns/types#category">Alternatives To Foreclosure</category>
                  <category domain="http://www.sixapart.com/ns/types#category">News</category>
                  <category domain="http://www.sixapart.com/ns/types#category">Short Sale</category>
        
        
         <pubDate>Mon, 27 Dec 2010 16:44:23 -0800</pubDate>
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         <title>Hazel Bridge Construction</title>
         <description><![CDATA[<a href="http://www.celhomes.com/blog/photos1/bridge2.jpg"><img alt="bridge2.jpg" src="http://www.celhomes.com/blog/photos1/bridge2-thumb.jpg" width="392" height="294" /></a>

<a href="http://www.celhomes.com/blog/photos1/bridge1.jpg"><img alt="bridge1.jpg" src="http://www.celhomes.com/blog/photos1/bridge1-thumb.jpg" width="392" height="294" /></a>

Here is a picture of the construction on the Hazel Avenue Bridge.  Crews were setting the walls and new bridge decking in place.  The Hazel Avenue crossing over the American River was closed from Friday June 11 to Monday June 14.  When completed, the new bridge will be six lanes instead of the current four lanes.  There will also be new sidewalks and bike lanes with barriers from the roadway.  Improvements are also being made to the bike trail access to the bridge.  This is part of the overall project to widen Hazel Avenue and allow for better traffic flow. Currently over 50,000 vehicles cross the bridge daily.   More information can be found at:
<a target="_blank"href="http://www.sacdot.com/projects/hazel%20avenue/">http://www.sacdot.com/projects/hazel%20avenue/</a>]]></description>
         <link>http://www.celhomes.com/blog/2010/06/hazel_bridge_construction.html</link>
         <guid>http://www.celhomes.com/blog/2010/06/hazel_bridge_construction.html</guid>
                  <category domain="http://www.sixapart.com/ns/types#category">Fair Oaks</category>
        
        
         <pubDate>Mon, 14 Jun 2010 13:49:45 -0800</pubDate>
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         <title>Free Information on Alternatives To Foreclosure</title>
         <description><![CDATA[If you’re facing the prospect of foreclosure it can be overwhelming, but less so if you know your other options. Homeowners with distressed loans often ignore their alternatives to foreclosure until it’s too late. Don’t make that mistake. Consider your other options right away. The more time you have before you lose your home through foreclosure. Checkout our Alternatives to Foreclosure down load. We are always ready with a no obligation consultation. 
<a target="_blank" href="http://www.celhomes.com/blog/files1/Altern_to_Foreclosure.pdf">Download file</a>
]]></description>
         <link>http://www.celhomes.com/blog/2010/06/alternatives_to_foreclosure.html</link>
         <guid>http://www.celhomes.com/blog/2010/06/alternatives_to_foreclosure.html</guid>
                  <category domain="http://www.sixapart.com/ns/types#category">Alternatives To Foreclosure</category>
        
        
         <pubDate>Tue, 08 Jun 2010 12:47:56 -0800</pubDate>
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         <title>Senate Passes Bill</title>
         <description>Last week the California State Senate approved the bill to extend anti-deficiency protections to homeowners who have refinanced &quot;purchase money&quot; loans and are now facing foreclosure. Most homeowners didn&apos;t even know that when they refinanced they lost their legal protections, and now may be personally liable for the difference between the value of the foreclosed property and the amount owed to the lender. The bill still has to work its way through the legislature and have Governor Schwarzenegger sign it to become law. This law would help homeowners avoid deficiency judgments that would follow them unless they filed Bankruptcy.</description>
         <link>http://www.celhomes.com/blog/2010/06/senate_passes_bill.html</link>
         <guid>http://www.celhomes.com/blog/2010/06/senate_passes_bill.html</guid>
                  <category domain="http://www.sixapart.com/ns/types#category">Short Sale</category>
        
        
         <pubDate>Mon, 07 Jun 2010 14:45:06 -0800</pubDate>
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         <title>Vote on extend anti-deficiency protections to homeowners who refinanced</title>
         <description><![CDATA[The California Senate is reconsidering a vote to extend anti-deficiency protections to homeowners who refinanced their loans without cash out. Most homeowner don't realize that they are could be responsible for the balance of loan on a short sale. For more information go to: 
<a target="_blank" href="http://www.car.org/governmentaffairs/getinvolved/redalertsb1178/">http://www.car.org/governmentaffairs/getinvolved/redalertsb1178/</a> 
or download the article. <a target="_blank" href="http://www.celhomes.com/blog/files1/redalertsb1178.pdf">Download file</a>
]]></description>
         <link>http://www.celhomes.com/blog/2010/06/vote_on_extend_antideficiency.html</link>
         <guid>http://www.celhomes.com/blog/2010/06/vote_on_extend_antideficiency.html</guid>
                  <category domain="http://www.sixapart.com/ns/types#category">Short Sale</category>
        
        
         <pubDate>Thu, 03 Jun 2010 04:11:12 -0800</pubDate>
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         <title>Cel and Susan</title>
         <description>Our combined 38 years of real estate experience means you have expert negotiators working for you who will make sure that you get the best price for your home and ensure an easy transition to your new house.
With our team approach, we have twice as much time to spend with our clients. You will hear from us personally every week and we will try very hard to sell your home ourselves. Our goal is for you is to achieve the highest price possible for your home. We will work hard to make sure all of the proceeds from your sale remain in your pocket, not negotiated away in concessions to the other party. We have helped many buyers and sellers who have become friends and advocates. It gives us a great sense of satisfaction to help people during the often emotional process of selling a home.
We are Life Members of the Masters Club which recognizes only the top 15% of all realtors in Sacramento and Placer Counties. Two agents for the price of ONE. Two agents working with all prospects who want to buy your home. 
All buyers are prequalified by our in-house lender before they look at your home. Through our web-site, membership web-sites, and e-mail marketing we get daily leads from Bay Area buyers who are relocating to this area. We can tell them the benefits of living in this great neighborhood. Our combination of old fashioned hard work and up to date technology - digital pictures, laptop computer, website etc. can&apos;t be beat. 

All inquiries answered directly by us - not by an assistant, receptionist, or voice mail message. 
Our broker, Davis &amp; Davis Associates, has been providing quality real estate services in the area for over 30 years. We have over 210 agents in our office and are well known and respected by all the other local real estate companies.
</description>
         <link>http://www.celhomes.com/blog/2010/06/cel_and_susan.html</link>
         <guid>http://www.celhomes.com/blog/2010/06/cel_and_susan.html</guid>
                  <category domain="http://www.sixapart.com/ns/types#category">About Cel &amp; Susan</category>
        
        
         <pubDate>Thu, 03 Jun 2010 03:51:03 -0800</pubDate>
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