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New Listing Open House This Sat & Sun

by The Barringer Team

Open House 3/1/14 11 am to 4 pm and 3/2/14 11 am to 4 pm Hope to see you there.

Image Unavailable
2115 Foothill Ranch Rd
Price: $360,000 Beds: 4 Baths: 2 ½ Baths: 1 Sq Ft: 2144
Move in ready. All four bedrooms upstairs. Formal Living room with fireplace and separate dining. Family room off kitchen. Large newly landscaped back yard. 3 car garage. Large master with balcony and walk in closet in bath with jetted tub and showe...

Benefits Of Credit Repair

by The Barringer Team

The Benefits of Credit Repair

Why should you Consider Credit Repair? Discover the Basic Reasons!

Do you look at your credit report and think about nothing but credit repair? If yes, then perhaps it's high time to get your credit repair process started. Anyone with poor credit scores will definitely know what a low credit score can cost you. Wonder how severe the consequences are?

Well, high interest rates can seriously damage your finances, period. Imagine the payments you would have to make if your interest rate increases from 5% to 15%. All in all, your poor credit score can make you pay thousands of dollars additionally per year. This is the primary reason why it is critical to look at your credit report and repair your credit score. After all, it will not only lower your interest rate, but will also help you get loans.

Credit Repair - Is it Really Helpful?

When it comes to credit scores, a single mistake can cause you serious trouble. A recent research suggests that almost 79 percent of all Americans have some type of inaccuracy, miscalculations, and negative accounts in their credit reports. A majority of these errors can hurt their credit scores badly. In these situations, credit repair is the ultimate option they can get to bring their finances back on track. The process of credit repairing is used to identify mistakes, correct the relevant information, remove negative reporting and monitor the creditors to ensure that your credit report is as accurate as possible and corrected accordingly.

Better Insurance Policies

The policies most insurance companies offer are based on the clients' credit reports. For instance, you will not get a reasonably priced insurance policy if your report suggests that you are late with paying other accounts. Thus, credit repair can clean up your credit rating and help you get substantial savings over the duration of your policy.

Better Job Options

Nowadays, many employers check an applicant's credit history as an essential step of the employment screening process. Wonder why? Well, credit reports usually disclose what resumes may never tell. Employers check credit reports to determine if an applicant has unpaid child or spouse support, has a verdict against him or her, or pays bills promptly. In instances like these, you can get a fresh start by opting for credit repair.

Better Loan or Mortgage Facilities

A low credit score can have a negative impact on your ability to get different loans. You may not get the desired loan amount or may have to make greater interest payments on the lifetime of your loans. If lenders find a poor credit score on your report, they can lower your credit limit, thus making the loan even more expensive for you. If dealerships turn you down for loans or offer very high interest rates, you have to consider going for credit repair. This will increase your chances to get your desired vehicle or own your dream home.

Since credit scores and credit reports can affect you and your loved ones in a number of ways, it is important to keep your credit score in superb condition. Credit repair doesn't only benefit individuals with a low credit score, but can do wonders for people with average credit by getting negative items off of the reports, disputing late payment information and correcting any inaccuracies on your report.

Moving With Young Children

by The Barringer Team

Moving With Young Children

Are you happy and excited about selling your home? Or are you dreading the sorting, packing and other chores?

Your attitude is contagious to little children. If you look at moving as an exciting adventure full of fun, new possibilities, then you're halfway to getting your children on board for the ride.

Most children don't like the changes associated with moving, so it's your job to get them looking forward to it. The younger the child, the less able they are to "see into the future" as you do. They tend to focus on missing friends and family.

You can make childish fears and doubt grow into a sense of wonder and curiosity.

Acknowledge and empathize with the loss they feel and show them how to balance their feelings with what they have to gain.

1. Communicate with your child patiently and frequently. Let your children know, step by step, what is happening and what is likely to happen next. Tell them what the move means to the family -- how important it is that Mommy got a big promotion or that Daddy is opening a new office for his company and putting people to work.

2. List all the advantages there are for the child in the move. For example, will the family be closer to Grandma, or another favorite person? Will they be closer to the ocean, a park or other favorite place? If you promise they'll be able to see old friends and family frequently, be sure to keep your promise. Children are like elephants - they never forget.

3. Show your kids as many pictures of their new home, neighborhood and city as possible. When you show your child their room, make a game of it. Draw a room plan and let your child draw and cut out images of furniture and toys to move around.

4. Introduce your child to the new community online. Draw a map or print one out and show how close Mommy and Daddy work, where schools are, where Aunt Bea lives, and other points of interest to help them orient themselves in their new surroundings.

5. Be ready for those "What about me?" questions. If your child is in scouts, little league, or other organizations, contact those associations for referrals in your new neighborhood or city. Knowing they won't have to give up favorite hobbies or sports goes a long way toward helping children adjust.

6. Let your child participate. Make a fun activity out of researching services you'll need online, like finding a veterinarian for your dog. Older children can find blogs online about their new school.

7. Keep your child occupied by letting them plan what to pack and what to take in the car or plane on the way to their new home. Pack a box or two of their special things and make sure it arrives at your new home before you and the kids arrive so they won't have to wait for their favorite things until everything's unpacked.

8. Encourage them to take the time to exchange good-byes with friends and loved ones and get addresses, e-mail addresses, and phone numbers to stay in touch. If they're old enough to write, let them start making notes about the moving experience so they can put their thoughts into letters later.

9. Try to stick to normal routines as much as possible. Let your children know that, although they will soon live in a new house, the rules of the household will still be the same. Bedtime is still at 9 p.m., and homework must still be completed before TV or video games.

10. Make sure they know that although Mom and Dad are a little busier and distracted with the move, they love their children very much and are giving the entire household a new opportunity to grow. Your preparations will go a long way in reassuring your children that their needs are being considered, even while big changes are happening around them.

Who is Responsible When Your Tree Falls?

by The Barringer Team

Who Is Responsible When Your Tree Falls?

A year ago, few of us ever heard of a "Derecho"; now, faced with fallen trees, damaged property and even a few deaths, Derecho - meaning super-strong windstorm - is a household word. One we really never want to hear -or see - again.

Who is responsible if your neighbors' tree falls on your property? The general rule is that unless the neighbor knew - or should have known - that his tree was unsafe - even if it caused damage to person or your property, he is not responsible. Our courts follow the old common law: it’s your property, so take care of it, unless you can prove your neighbor was negligent.

The legal answer to this is quite simple; however, the interpretation and implementation of the law is rather complex.

How do you prove that your neighbor’s tree was unsafe and that your neighbor was negligent in not assuring that the tree would not fall? What constitutes negligence?

The answer depends on all of the facts. Did your neighbor have any knowledge that the tree was a potential hazard? Should the tree owner have been on notice of a problem because the tree was not showing leaves but only bare limbs?

Did you complain about the safety of the tree, and yet he took no action?

Here we have to look to specific cases. Take the leading case in the District of Columbia (Dudley v Meadowbrook, 1961). The Defendant’s tree fell onto the Plaintiff’s property, and damaged a garage. The evidence indicated that there was no strong wind blowing when the tree fell. The Court wrote that "a healthy tree does not ordinarily fall of its own weight without some exterior force being directed against it. Though some evidence indicated that the tree looked sound, it was in fact full of decay. At least 13 years earlier it had been subjected to surgery and a large area filled with concrete."

In conclusion, the Court suggested that a land owner has a duty to periodically inspect the trees on his property or at least have them examined by an expert to determine whether they are safe to continue to stand.

In order for negligence to be found, the Plaintiff (the injured neighbor) would have to file suit against the tree owner. Most cases are not clear cut; they require extensive background research, expert testimony and a potentially lengthy trial. This is both time consuming and expensive for a Plaintiff. And it should be pointed out that our legal system has adopted what is known as the "American Rule of Legal Fees". In the absence of a written contract or a statute authorizing attorneys fees, each side pays their own attorneys fees.

And even if a lawsuit is brought, the tree owner can raise the defense that an "Act of God" (or in this case an Act of Derecho) caused the tree damage. If the tree owner was on notice before the storm that the tree was likely to fall down, this defense may not be accepted by a Court of Law. But it nevertheless is a legal defense which every defendant will raise when sued.

There is yet another defense, namely "contributory negligence". The general rule throughout the United States is that if a tree limb or a tree root protrudes on a neighbor’s property, that neighbor has the right to exercise self-help -- i.e. the offending root or limb can be cut off.

Some Court cases have determined that the tree owner was not liable, since the neighbor -- who knew that the tree was dangerous -- did not exercise this self-help. In other words, the neighbor’s own negligence defeated his claim against the tree owner.

What if your tree falls on a public roadway? According to a recent Supreme Court case in Virginia, a landowner does not have a duty to inspect and cut down sickly trees that have the possibility of falling on a public roadway and inflicting injury. This is the duty of the local government to periodically inspect to assure the safety of the public. This is also the law in the District of Columbia, where the high court here made it clear that government must exercise reasonable care in the maintenance of well traveled thoroughfares.

What is the role of your insurance policy? Homeowners should carefully review their home owner’s insurance policy -- often called the "hazard policy". Many policies are now written in relatively simple English, so you should be able to understand what position your insurance carrier will take should you decide to file a claim. In most cases, your carrier will reimburse you for any damage caused to your property when a tree falls, subject of course to the level of your deductible. If, however , no damage resulted, there will be no insurance coverage and you have to bear the cost to remove the tree.

And according to Robin Manougian, an insurance agent in Silver Spring, Maryland, "should a live tree be struck by lightening - which is a covered peril in the policy - the insurance would pay for the tree up to the policy dollar limits, but generally not for the removal of the tree."

But, do you really want to file a claim against your insurance policy?

We have all heard stories that the carrier -- when faced with a claim -- will either significantly increase the next years premium or decide not to renew the policy.

Thus, if your damage is minimal, give serious thought to picking up the cost yourself. Let’s say you have $4000 in damage and your deductible is $2,000. If you file a claim, and you can produce proper evidence that the repair cost is really $4000, you will receive $2,000 from your carrier. But is this money worth facing possible non-renewal (or an increased insurance premium) next year?

If there is damage to your property, talk with your insurance agent, but make sure that he/she understands you are only seeking information and advice -- and are not yet ready to formally file your claim.

There is a long -- often convoluted and contradictory -- legal history relating to the development of "tree law". Our legal system is predicated on what we refer to as the "Common Law" -- the laws which came over from England before the founding of our nation. Under the common law, the land owner owed no duty to those outside his property to correct natural conditions on the property -- even though those conditions might present a hazard to outsiders. My home was my castle and I was master of that property.

But as our nation grew from a rural to an urban environment, this common law rule began to lose its impact. Houses were next door to each other, and homeowners had to be concerned about injuring or damaging their neighbor -- or their neighbor’s property.

Accordingly, Judges faced with such tree-falling cases began to carve out exceptions to the common law. Some Courts held that a falling tree was a trespass; others held that such a tree was a nuisance. Both theories evolved into the current rule of law, namely that the tree owner is only responsible if that owner was negligent.

The clear moral to this legal history is that litigation may not be the best approach. If your neighbor’s tree falls onto your property -- whether or not it causes damage -- you should talk to your neighbor and propose that you share in the cost of removal and repair. Clearly, this is probably the least expensive way to resolve your issues, and you also can avoid filing that claim against your insurance carrier.

How do tree owners protect themselves to avoid the allegation of negligence? One safe harbor is to have your trees periodically inspected by a certified arborist, and get a written report stating that the trees are healthy.

You have to See This

by The Barringer Team

Must See to Appreciate
http://img.realtytimes.com/whitebox.gif
Often a dolphin will help divers but it’s not too often a dolphin will ask a diver for help. A true testament to this mammal's intelligence. This is pretty incredible!

With Highest Regards,
Bill Barringer
Team Leader
The Barringer Team, Century 21 M&M and Associates 
 #1 Century 21 Company in the WORLD. SMARTER. BOLDER.FASTER.

Curb Appeal Is A Must

by The Barringer Team

Curb Appeal is a Must!

If your home has curb appeal, you'll be able to sell it quickly and for top dollar. That's why REALTORS® rate exterior home remodeling projects as the most valuable homeowners can make.

Many homeowners are confused about which projects will provide the most return on investment as they prepare their homes for the market.

The 2014 Remodeling Cost vs. Value Report, co-sponsored by the National Association of Realtors and Remodeling magazine, outlines the costs and resale returns on the most popular home improvement projects.

Realtors know which home features are important to buyers in their area. Projects such as a new entry door, siding and window replacements can recoup homeowners more than 78 percent of costs upon resale.

So why remodel anything if it's not going to give you back 100%? It's because the first impression a homebuyer gets is priceless. You want the buyer to choose your home, and quit looking for something better.

If the buyer doesn't like what he sees, you won't get another chance to make any kind of impression.

So which home improvement projects will net the most return?

Eight of the top 10 most cost-effective projects are exterior projects.

Replacing your front door with a steel entry will cost $1,100 on average, but you'll get nearly 97% of what you spent back in your pocket.

The second most popular improvement is a wood deck addition, which will return over 87 percent of costs, similar to the return on fiber-cement siding. Vinyl siding returns a little over 78 percent of costs.

A midrange garage door replacement returns nearly 84 percent while an upscale garage door replacement offers 82.9 percent of costs recouped. Wood window replacements recoup over 79% of costs and vinyl windows return nearly as much.

Rounding the top 10 projects are an attic bedroom and minor kitchen remodel. These are important too, but you've got to pique buyers' interest first.

The good news is that the return for all projects is higher in the last two years. To find out what the best return on home improvements is in your area, talk with your REALTOR.
 

New Listing

by The Barringer Team
Image Unavailable
560 Czerny St
Price: $310,000 Beds: 3 Baths: 2 ½ Baths: 1 Sq Ft: 1446
Welcome Home to this adorable and cozy 3 bedroom home. Charming court location with large back yard. This home features tile entry and hardwood flooring in living room with dramatic vaulted ceilings. The cozy kitchen has tile floor and counters, gas...

Market Update

by The Barringer Team

Good Monday Morning!

Here is a recent article from Real Estate Today that gives us a current perspective on the national Real Estate Market.

Just when it seemed that home sales were taking a breather, new data from the National Association of REALTORS® (NAR) says that home sales in 2013 were the highest since 2006, well before the housing meltdown.

For all of 2013, housing sales totaled 5.09 million units, which is 9.1 percent higher than in 2012.

Lawrence Yun, NAR chief economist, explained, “Existing-home sales have risen nearly 20 percent since 2011, with job growth, record low mortgage interest rates and a large pent-up demand driving the market. Just when it seemed that home sales were taking a breather, new data from the National Association of REALTORS® (NAR) says that home sales in 2013 were the highest since 2006, well before the housing meltdown.

For all of 2013, housing sales totaled 5.09 million units, which is 9.1 percent higher than in 2012.

Lawrence Yun, NAR chief economist, explained, “Existing-home sales have risen nearly 20 percent since 2011, with job growth, record low mortgage interest rates and a large pent-up demand driving the market. 

Yun says some momentum was lost toward the end of 2013 from disappointing job growth and limited inventory, but the year ended close to normal given the size of the population.

The national median existing-home price for all of 2013 was $197,100, which is 11.5 percent above the 2012 median of $176,800. That's the strongest gain since 2005 when prices rose 12.4 percent.

One bright spot was the decline of distressed homes in the mix. Foreclosures and short sales were 14 percent of December 2013 sales, down from 24 percent the year before.

Total housing inventory at the end of December fell 9.3 percent to 1.86 million existing homes on the market, a 4.6-month supply at the current sales pace.

Homes took longer to sell in December from November, but less time than in 2012.

The NAR suggests that home buyers and sellers face a few challenges in 2014. Mortgage rates are expected to continue to rise, and lenders and borrowers face new mortgage rules, such as new Qualified Mortgage underwriting standards.

But there's still plenty of pent-up demand, with more young adults moving out of their parents' home and into their own homes. The key is job growth, says the NAR. Only the confidence that stems from job security can enable first time buyers to buy and move-up buyers to purchase their next homes.

Fortunately, a new report by the U.S. Conference of Mayors suggests that nearly all U.S. cities are forecast to see economic growth this year, including some cities that have not really recovered from the Great Recession.

February Stats For Tracy California Area

by The Barringer Team

The following information is from the local MLS database, as of February 1, 2014 and is compared to (January 1, 2014).As we enter the second month of 2014, we are still seeing mostly all equity sellers  as prices are beginning to level off.There are less homes on the market,  and most listings are not  receiving as many multiple offers and most are at the asking price or slightly below, if they are priced right. Interest rates have dipped slightly lower with 30 yr fixed at 4.34% and 15 year at 3.37% 
   If you have been on the Fence about selling your home then NOW is still the time to sell. With the holidays over there are typically less homes on the market and  more and more will be coming on the market in the months to come. If you are curious to see how much equity you have in your house, give us a call for a market analysis! Or go to our new service for instant valuation of your home on the internet at www.tracyhomes.com. Just click on "What's My Home Worth"or  Just call or e-mail for an hassle free appointment or to just talk about the market anytime. 1-800-894-7282 or sales@tracyhomes.com.

Tracy, CA

ACTIVE STATUS

Total # of residential properties for sale in the city of Tracy: 72 (78)

# of REO (foreclosures): 2 (6)

# of Short Sales: 4  (5)

Average # of days on market: 18 (39)

The median price of all homes for sale in Tracy: $399,000 (394,500)

 

PENDING STATUS

Number of properties currently under agreement: 122 (118)

# of REO: 11 (6)

# of Pending Short Lender Approval: 33 (32)

Median pending price: $322,000 ($340,000)

 

SOLD STATUS

Residential property sold over previous 30 days: 61 homes (81)

REO's sold in the last month: 2 (2)

Short sales sold in the last month: 15 (14)

Median sale price: $350,000 ($342,500)

Median # of days on the market:  20 (13)

 

 

Mountain House, CA

 

ACTIVE STATUS

 

Total # of residential properties for sale in the city of Mountain House: 17 (22)

# of REO (foreclosures): 0 (1)

# of Short Sales: 0 (2)

# of New Construction: 6 (7)

Average # of days on market: 20 (48)

The median price of all homes for sale in Mountain House: $515,000 (446,940)

 

PENDING STATUS

 

Number of properties currently under agreement: 37 (38)

# of REO: 1 (0)

# of Pending Short Lender Approval: 8 (10)

Median pending price: $402,460 ($416,954)

 

SOLD STATUS

 

Residential property sold over previous 30 days: 20 homes (13 homes)

REO's sold in the last month: 0 (0)

Short sales sold in the last month: 1 (1)

Median sale price: $433,500 ($425,508)

Median # of days on the Market: 19  (27)

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HOMES SOLD IN TRACY IN JANUARY

 

Take a look at this chart to see the SOLDS in Tracy for January.  Notice the list to sold price? Not as many getting over asking.   So call us for a free Market Analysis on your home!  209-833-7777.

Address - Street Number Address - Street Direction Address - Street Name Address - Street Suffix Beds Baths Square Footage Curr List Price Curr Selling Price DOM
3641   Farnham Ct 4 3 (2 1) 1794 200000 220000 0
540 W Carlton Way 3 1 (1 0) 994 120000 165000 34
3761   Norkfolk Dr 4 3 (2 1) 2029 345000 325000 124
2286   Sabrina Way 4 2 (2 0) 1850 341500 341500 53
921   Sultana Dr 3 1 (1 0) 1000 149950 160000 3
868   Iberis Way 5 3 (3 0) 2662 399950 381000 170
74   Elysian Ct 3 3 (2 1) 1511 320000 320000 42
1221   Coolidge Ave 4 2 (2 0) 1376 220500 209000 47
1930   Birchwood Ct 4 3 (3 0) 1772 225000 220000 2
1021   Tulloch Dr 4 3 (3 0) 3037 454000 435000 147
390   Jaeger St 4 3 (3 0) 1859 240000 263000 4
352   Fairmont Ct 4 3 (3 0) 2316 394900 360000 92
1520   Cuneo Ct 3 2 (2 0) 1389 274900 274900 105
138   Laguna Dr 3 2 (2 0) 1246 212000 212000 3
841   Saffron Dr 5 3 (3 0) 2564 429900 424000 113
27836   Gerhart Ln 5 4 (3 1) 3590 449950 440000 139
2625   Christy St 4 2 (2 0) 1796 249900 274000 1
1867   Bayonne Ct 3 3 (2 1) 2629 369950 370000 6
451   Pombo Square Dr 4 (5) 3 (3 0) 1984 375000 365000 59
160   Faith Ln 4 3 (3 0) 2268 425000 413000 59
641   Tulare Ct 5 3 (2 1) 2499 389900 389900 20
552 W 4th Street   3 2 (2 0) 1282 245000 247000 75
996   Sunnyside Ln 3 2 (2 0) 2093 365000 360000 67
221   Coronado Way 3 2 (2 0) 1222 249999 256000 29
1555   Monterey Ct 3 3 (2 1) 2056 365900 355000 52
2941   Highgate Ln 3 3 (2 1) 1572 303500 305000 11
1220   Brighton Dr 4 3 (2 1) 1945 359000 359000 33
2593   Kinsey Way 4 3 (3 0) 3107 439990 439000 72
935   Menay Dr 4 3 (2 1) 2272 359900 350000 41
8101 W Depot Master Dr 5 4 (3 1) 3590 524000 520000 44
2645   Castle Haven Ct 5 4 (3 1) 3308 530000 518000 34
277 W 20th Street   3 2 (2 0) 1574 230000 235000 19
2660   Golden Springs Dr 4 3 (3 0) 2077 305000 310000 7
2715   Redbridge Rd 2 2 (2 0) 1235 299000 290000 1
2640   Lincoln Blvd 3 2 (2 0) 1552 289000 295000 11
2215   Holder Ln 4 3 (2 1) 2428 399000 400000 17
547   Barcelona Dr 4 (5) 3 (2 1) 2267 404888 395000 17
1322   Evergreen Way 3 3 (2 1) 1572 329000 329000 12
1145   Juan Jose Ln 4 3 (2 1) 2223 359000 350000 23
2135   Pedro Lane Ln 5 4 (3 1) 3089 450000 450000 38
1413   Whittingham Dr 5 3 (2 1) 2029 375000 375000 10
437   Glenbriar Cir 3 2 (2 0) 1421 340000 330000 27
1183   Terry Ln 3 (4) 3 (2 1) 2045 335500 323500 32
822   Willow Park Ln 4 3 (2 1) 2147 350000 347500 23
1021   Tarrogana Dr 3 2 (2 0) 1482 290000 290000 48
4537   Bonsai Ave 3 3 (2 1) 1858 349000 345000 11
1765   Tahoe Cir 4 3 (3 0) 2223 349900 351975 16
2790   Lincoln Blvd 3 2 (2 0) 1554 315000 310000 31
553   Montclair Lane   4 (5) 3 (3 0) 2316 399000 415000 10
575 W Emerson Ave 3 2 (2 0) 1435 249950 250000 25
1675   Sequoia Blvd 4 3 (3 0) 2210 349900 350000 9
2605   Nivens St 4 3 (3 0) 2077 379950 370000 7
900   Belmont Ln 4 4 (3 1) 3485 500000 500000 7
1320   Blair Ave 5 3 (3 0) 2723 349000 371000 20
312   Ramona Way 5 3 (3 0) 2248 300000 300000 4
919   Cherry Blossom Ln 4 3 (3 0) 2668 419000 430000 16
2180   Mary Alice Way 5 3 (3 0) 2421 395000 420000 3
1296   Eagle St 4 3 (3 0) 2582 395000 400000 3
4228   Roxbury Dr 5 3 (3 0) 2451 385000 386000 5
2784   Redbridge Rd 3 3 (2 1) 3231 499750 499750 1
446   Barcelona Dr 4 3 (2 1) 2268 409900 386600 3

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The Barringer Team
Century 21 M&M and Associates
912 W 11th Street
Tracy CA 95376
209-833-7777
800-984-7282
Fax: 209-229-7426
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