Your Local Home Advisor

Rent Vs. Buy - why not buy?

January 29, 2016
Many renters don't know that they can actually buy a house.  There are a lot of loan programs out there that a good Broker can find you with very little to even no down payment.  You just need to ask - ASK ME!  I can "hook you up" with one of several mortgage lenders, your choice, and you can be on your way to home ownership.

What's the plan?  Here's a great one:
1. Find and buy the home.
2. Move into it and stay for at least 2 years.
3. Find a second home.
4. Clean up your first home, and move into the second home with the equity from your first home and a new loan (with low down).
5. Rent out your first home.  Have the renters pay for your mortgage, taxes, insurance, with some leftover.
6. If you end up with enough equity after doing this several times, stay in the home you love, use the equity to buy another rental (with a loan or HELOC against one of your homes) and you will be on your way to a good retirement income.

Ask me for details!

 

Massive ROI - You can do it! (ROI=Return on Investment)

November 12, 2015

I have great news to share with you - it's about how real estate can actually bring you massive returns, better than your bank, better than your 401K, even in recession.  Want to know how?  Let's meet - I'll even buy you lunch!

Other investments typically are really good if they give you 5% or even 10% on your money.  BUT I can show you where, if you take advantage of following a prescribed pattern, you can make a great return even better than with your IRA, 401K, or bank savings.

AND if you ar...


Continue reading...
 

Motivation

November 12, 2015
I have been in several coaching programs - some good, some not good.  I am not great at just suggestions - I need someone to say do this and then do that.  At this moment I am in two coaching programs, both completely different but both dealing with Real Estate.  In fact, they are about the exact opposites of each other - one is compared to high class, glossy, lots of bling, appealing to high end sellers and buyers.  The other is nitty gritty, get down in the trenches, commando type of market...
Continue reading...
 

Relationships

November 12, 2015
I just blew it with a friendship - I stepped on her toes, I took an unfair turn without her knowledge, I broke the trust code, I screwed up.  How's that for a relationship? - she would have cause to block me from her life, but unfortunately, I work in the same office and would have occasion to see her, speak with her, and to live my disgrace all over again.  Sure the fault is mine, and I freely admitted it.  She called me down on it.  She had a right to do that.  It was my own stupidity not t...
Continue reading...
 

Yet another Short Sale!

October 7, 2015
Wells Fargo Bank has a lot of foreclosure business and is still going strong.  I have a bank account with them and they own one of my rental properties (I say one, but right now, I only have ONE). BUT I'm not in foreclosure, so that is great!  I just finished a long, drawn out short sale with WFB and it would have been shorter had we not changed buyers 4 times and then the last buyer wanted to change the price at the last minute, which made the bank have to go back to decide yes or no.  They ...
Continue reading...
 

Some short sales ARE short - but is that good?

September 30, 2015
After 3 years of mostly short sale transactions, my business is turning towards more standard sales!  However, there are still families that need advice and help to stop the foreclosure of their home.

But this brings me to a funny yet sad story of one of my former client's wanderings in the nether world of foreclosure.  She would really be upset at me telling her story to anyone, let alone publish her story, so I will call her Nadine Ash.

The funny part of this story is that I tried to help her...

Continue reading...
 

No names, just facts

August 24, 2013

It's been a long road down the not-so-crimson pathway in short sale land.  Here's a familiar rant about what is happening - and it isn't even all about the banks (it's the buyers and sellers, too).

1.  I have a short sale listing - but the sale is going down the tubes.  Both 1st and 2nd Banks OK'd the sale, BUT.  The BUT is they (Nationstar) want to close in 10 days.  Why they won't budge, I don't know.  The seller is unhappy, thinks we aren't working h...


Continue reading...
 

Short Sales are STILL possible, but hurry!

July 18, 2013
There are still people in denial - are you one of them?  Are you eligible for a short sale in the Obama plan and have not acted?  You really need to look at your situation, now, and decide that you can beat the bank!  What does that mean?

If your lender has sent you a Notice of Default and a Notice of Trustee Sale, you don't have much time!  You need to call me to figure out your options.

I had a listing in West LA, a couple months ago.  She, the owner, waited too long to call me. We listed her...
Continue reading...
 

Investing in Yourself

April 13, 2013
I will be working with new agents in the near future.  Are you looking for a new way to get in the "game" of Real Estate?  Perhaps working at an 8-5 job is not for you anymore.  Working as a Real Estate Agent gives you more leeway with your time.  You can settle in to a system and routine that suits you.  This job can also be lucrative, but of course, you have to work at it.  Homes don't sell themselves.

The first thing you need to do to become a sales agent is to get your Real Estate Sales Li...
Continue reading...
 

False Reading - is the Market Turning?

February 22, 2013

Shortages in the inventory of homes are raising the price of the homes that are on the market, here in Southern California.  Are we seeing a turn in the market?  I heard today that inflation died in December.  But they didn't say if it will be resurrected in the future - I thought that the news of that death was premature.

Rates are still down, and there IS inventory out there.  If you are not a cash buyer but are someone who needs to have a mortgage, now is still a great time to buy.  With a ...


Continue reading...
 

Rent Vs. Buy - why not buy?

January 29, 2016
Many renters don't know that they can actually buy a house.  There are a lot of loan programs out there that a good Broker can find you with very little to even no down payment.  You just need to ask - ASK ME!  I can "hook you up" with one of several mortgage lenders, your choice, and you can be on your way to home ownership.

What's the plan?  Here's a great one:
1. Find and buy the home.
2. Move into it and stay for at least 2 years.
3. Find a second home.
4. Clean up your first home, and move into the second home with the equity from your first home and a new loan (with low down).
5. Rent out your first home.  Have the renters pay for your mortgage, taxes, insurance, with some leftover.
6. If you end up with enough equity after doing this several times, stay in the home you love, use the equity to buy another rental (with a loan or HELOC against one of your homes) and you will be on your way to a good retirement income.

Ask me for details!

 

Massive ROI - You can do it! (ROI=Return on Investment)

November 12, 2015

I have great news to share with you - it's about how real estate can actually bring you massive returns, better than your bank, better than your 401K, even in recession.  Want to know how?  Let's meet - I'll even buy you lunch!

Other investments typically are really good if they give you 5% or even 10% on your money.  BUT I can show you where, if you take advantage of following a prescribed pattern, you can make a great return even better than with your IRA, 401K, or bank savings.

AND if you ar...


Continue reading...
 

Motivation

November 12, 2015
I have been in several coaching programs - some good, some not good.  I am not great at just suggestions - I need someone to say do this and then do that.  At this moment I am in two coaching programs, both completely different but both dealing with Real Estate.  In fact, they are about the exact opposites of each other - one is compared to high class, glossy, lots of bling, appealing to high end sellers and buyers.  The other is nitty gritty, get down in the trenches, commando type of market...
Continue reading...
 

Relationships

November 12, 2015
I just blew it with a friendship - I stepped on her toes, I took an unfair turn without her knowledge, I broke the trust code, I screwed up.  How's that for a relationship? - she would have cause to block me from her life, but unfortunately, I work in the same office and would have occasion to see her, speak with her, and to live my disgrace all over again.  Sure the fault is mine, and I freely admitted it.  She called me down on it.  She had a right to do that.  It was my own stupidity not t...
Continue reading...
 

Yet another Short Sale!

October 7, 2015
Wells Fargo Bank has a lot of foreclosure business and is still going strong.  I have a bank account with them and they own one of my rental properties (I say one, but right now, I only have ONE). BUT I'm not in foreclosure, so that is great!  I just finished a long, drawn out short sale with WFB and it would have been shorter had we not changed buyers 4 times and then the last buyer wanted to change the price at the last minute, which made the bank have to go back to decide yes or no.  They ...
Continue reading...
 

Some short sales ARE short - but is that good?

September 30, 2015
After 3 years of mostly short sale transactions, my business is turning towards more standard sales!  However, there are still families that need advice and help to stop the foreclosure of their home.

But this brings me to a funny yet sad story of one of my former client's wanderings in the nether world of foreclosure.  She would really be upset at me telling her story to anyone, let alone publish her story, so I will call her Nadine Ash.

The funny part of this story is that I tried to help her...

Continue reading...
 

No names, just facts

August 24, 2013

It's been a long road down the not-so-crimson pathway in short sale land.  Here's a familiar rant about what is happening - and it isn't even all about the banks (it's the buyers and sellers, too).

1.  I have a short sale listing - but the sale is going down the tubes.  Both 1st and 2nd Banks OK'd the sale, BUT.  The BUT is they (Nationstar) want to close in 10 days.  Why they won't budge, I don't know.  The seller is unhappy, thinks we aren't working h...


Continue reading...
 

Short Sales are STILL possible, but hurry!

July 18, 2013
There are still people in denial - are you one of them?  Are you eligible for a short sale in the Obama plan and have not acted?  You really need to look at your situation, now, and decide that you can beat the bank!  What does that mean?

If your lender has sent you a Notice of Default and a Notice of Trustee Sale, you don't have much time!  You need to call me to figure out your options.

I had a listing in West LA, a couple months ago.  She, the owner, waited too long to call me. We listed her...
Continue reading...
 

Investing in Yourself

April 13, 2013
I will be working with new agents in the near future.  Are you looking for a new way to get in the "game" of Real Estate?  Perhaps working at an 8-5 job is not for you anymore.  Working as a Real Estate Agent gives you more leeway with your time.  You can settle in to a system and routine that suits you.  This job can also be lucrative, but of course, you have to work at it.  Homes don't sell themselves.

The first thing you need to do to become a sales agent is to get your Real Estate Sales Li...
Continue reading...
 

False Reading - is the Market Turning?

February 22, 2013

Shortages in the inventory of homes are raising the price of the homes that are on the market, here in Southern California.  Are we seeing a turn in the market?  I heard today that inflation died in December.  But they didn't say if it will be resurrected in the future - I thought that the news of that death was premature.

Rates are still down, and there IS inventory out there.  If you are not a cash buyer but are someone who needs to have a mortgage, now is still a great time to buy.  With a ...


Continue reading...
 

About Me


Connie Gohata RealtorĀ® and RE Investor Short Sale and REO Specialist Regular Sales, Distressed Sales CA/BRE #01822665 Phone: 714-553-9146

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