lol. its ok. I never was one to have to have the bling. I enjoy nice things, but i enjoy a good story, I collect vintage vw's for that reason (vintage to me is pre 63) and hope on a plane back east and have driven a 55 oval coast to coast because the journey is the important part , not where your going. I have alot of hollywood friends, and can walk on to any studio lot at wilm.. but I am a man of peaceful things.. I enjoy money, and enjoy my work and the people I help, but enjoy my peace and kids the most...down sizing won't bother me in the least.. thanks for the eyes on the ground.

Hi Dave,

About a third of the list were bank or regular listings. I will refine the alert so that no more short sale listings are mailed. I read 2 articles this morning that said short sales were averaging about 4 months, that often the first buyer gets bumped off of the rails in the final week or two by an overbidder. I hate short sales myself, they are two thirds of the listing inventory in most price ranges.

Jeni and I looked at one of the Rocklin houses that was listed at $225K. - Nice street, house was small, had a bad floor plan and uneven floors. You can eliminate that one on 4th street.

Gotta tell you downsizing from a $375,000 house in Santa Maria to a $225K house in Loomis is going to be a huge shock to your architectural sensibilities, even if you did not know you had such sense organs, before.

The credit problem sounds very temporary and it will be overcome soon. In addition to owner finance. I would have you look into FHA even though you have plenty of down payment.. Reason: FHA allows for an underwriter to look at an applicants story in addition to raw credit scores.

true, but an owner with 30 grand of your money, and some one you can talk to and explain, and they really hear you, able to do so over a desk and coffee face to face, trumps a bean counter in some tiny room any day. if ya know what I mean
I have 32 years of home ownership.nil any late payments for homes three times the price I am looking at. yet in today market, i'm a bad risk ?
I'm like alot of folks out there, who didn't take advantage of the lending markets the last few years and got rich, we made a good living, but non of us got rich..but to banks underwritters care..nope.

Dave,
Yikes! Thank-you for the update. An owner financing will still do a credit check and all.

Best of luck to you and your wife.

20 % down, no problem.
my wife had id thief and the da dropped the ball, and a justment was made, now the da is trying to go back and see where it all started and messed things up, and how to have them remove from report, her score is 630, mine is 740 aprox, and I'm self employed. it may be a month or two to pre quilify. so a owner fy would work better right now when we'd like to move once, and not rent for 6, then pack it up again.

Yes agents can see on the MLS if owner financing is avaliable, usually they want 20% or more down.

Can I ask why you only want owner financing?

thanks, a list of reg sale.or bank owned if their just as quik as a regular sale will work, no interest in the waitng games of short sales.


if their are any owner financed folks reading, give my an email
thanks again Dave G

Hi Dave,

We just emailed you a list of 30 or so houses that are in that price range in Loomis and Rocklin.

These are regular, bank and short sale listings. We can refine the search to send you a larger or smaller list as you like.

Jeni and I are out in Loomis to look at vacant lots, this afternoon, and will look at a couple of the houses on this list.

Thanks Jeni.. yea it sold, but so much for retirement..lol could had sold it 2 years ago..turn folks away at 700 to 750,000.00, ended up selling for 375,000.00 it was our home, the kids knew every inch and every creek to it, not just a house to flip .we didn't net a whole lot, but better then flipping the keys to the bank eh? this enoomy had hit hard, but we've been lucky then very many. hopefully it will turn for every one. Thanks for the answer. yes please do keep an eye peeled. no bother at all, just hate having to rent a place there, till we find something..throw money away, unless it falls farther. Basic Dave
verykool1@msn.com

Hi Dave,

Jim and I have been selling homes with owner finance since 1994. The process of arranging seller finance is not particularly difficult - but in this market, finding a seller with the ability, the equity to finance is the needle in the haystack. If there is one out there, we could search the MLS for you.
And congratulations on your sale, we hope that goes smoothly for you.

Thanks! -Jeni