Mike Bolen

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Mike Bolen,  in Napa
  • 15 Answers
  • 3 First Answers
  • 5 Useful Answers
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About Me
Mike Bolen is a broker associate with the RE/MAX Napa Valley office, RE/MAX Cornerstone Commercial. Mr. Bolen is a licensed real estate Broker in California and Missouri. RE/MAX Cornerstone Commercial is ranked as the fastest growing commercial real estate firm in the bay area by the North Bay Business Journal. Mr. Bolen is a seventeen year veteran of the business an avid student of real estate and widely regarded as an expert in the field. Mr. Bolen speaks on a wide range of real estate topics to both large and small committees, corporate events and training seminars throughout the bay area and Midwest. Mr. Bolen writes a weekly syndicated multifamily blog. Mr Bolen is a member of National Association of Realtors, California Association of Realtors, Missouri Association of Realtors, Real Estate Investors Association, Commercial Alliance, Certified Professional Landlord.
Testimonials
"Smoking-smoking-smoking- Damn this guy was good. I am a seasoned multifamily investor from Texas. I hooked up with Mike from the RE/MAX website and WOW. This guy is brass tacks gets right down to biz he showed us three properties that were not advertised or on the mls we purchased one of them. If you want a guy with local access who beats the bushs for great deals call Mike Bolen."
Clint Everet Tue Sep 2
"Mike was patient with this "newbie" investor. He is knowledgable about the apartment market and guided us through the process of aquiring my first apartment property. I would highly reccomend"
Larry Austin Sun May 11
My Q&A View all >>
Mike Bolen's Questions (1)
Mike Bolen's Answers (15)

Question removed

Mike Bolen answered:
This home sold for $925,000 in August of 2005. It has been on and off the market since then. The property is not currently offered for sale. Cindy, I can find out more info if you want to email me directly at mike@mikebolen.com or call 707-254-9999. I can also provide you with a email property search for the entire area. - Mon Oct 20 2008, 13:10
Mike Bolen answered:
Micki,
The property was removed from the market about 4 days ago. There are condos in the adjacent complex priced right above $200K. Go to http://www.RemaxNV.com and you can conduct a search. I have a showing in the yacht club area tomorrow and would be happy to meet up and show a few condos. You can reach me at 707-254-9999 or email Mike@MikeBolen.com - Mon Oct 13 2008, 22:21
Mike Bolen answered:
Most attorneys that handle evictions on a regular basis have a flat fee for service. To my knowledge none of my clients have ever used an "eviction service" so a cannot speak to that. I would simply find a local attorney who specializes in eviction. - Wed Jul 30 2008, 13:47
Mike Bolen answered:
Mark,
In the event that such unit is occupied by someone other than the Trustor, a 30 Day Notice to Quit is required.

Once served, such notice must expire before the commencement of any action in Unlawful Detainer. Once an Unlawful Detainer is filed, it must be served on the defendant/tenant. If personal service is available, such defendant has 5 days within which to respond to the complaint. If not able to serve personally, an order to post and mail such complaint must be obtained from the court. Such post and mail service will add a minimum of 15 days to the response period.

Once served, the matter can take two courses. One, being where the defendant does not respond to the complaint. In such an event, a default is requested and a judgment for possession should be available within 10 days of such default. Such judgment is than forwarded to the County Sheriff for execution.

If the Defendant does answer the complaint, a trial request is forwarded to the court and the trial in the action is ordinarily set within 20 days of such request. Once judgment is entered by the court, such judgment is forwarded, in a form of a Writ of Possession, to the Sheriff for execution.

Thus, an eviction that does not involve any delay tactics by the defendant should be completed within 30 to 40 days after the expiration of the Notice To Quit.

As indicated above, once a judgment for possession is obtained, it must be forwarded to the County Sheriff for execution. The Sheriff could take approximately three weeks to actually conduct the lock-out. Adding such additional time to the time necessary for an unlawful detainer action, an Unlawful Detainer action in which the defendant does not use any delay tactics takes approximately one and a half to two months to complete. - Tue Jul 29 2008, 20:56
Mike Bolen answered:
Teresa keep in mind an agent is bound by certain legal obligations. Traditionally, these common-law obligations are to: Put the client's interests above anyone else's; Keep the client's information confidential; Obey the client's lawful instructions; Report to the client anything that would be useful; and Account to the client for any money involved.

NOTE: A REALTOR® is held to an even higher standard of conduct under the NAR’s Code of Ethics. In recent years, state laws have been passed setting up various duties for different types of agents. As you start working with a REALTOR®, ask for a clear explanation of your state's current regulations, so that you will know where you stand on these important matters.

Their is a big difference between a buyer's and a seller's broker
Suppose you sign an offer to buy a home for $150,000. You really want the property and there's a chance other offers are coming in, so you tell the broker that "We'll go up to $160,000 if we have to. But of course don't tell that to the seller." If you're dealing with a seller's agent, he or she may be duty-bound to tell the seller that important fact. In most states, the seller's agent doesn't have any duty of confidentiality toward you. Honest treatment might require that the agent warn you that "I must convey to the seller anything that would be useful so don't tell me anything you wouldn't tell the seller." So I reccomend buyers use a buyers broker. Bruce makes a great point on credentials look for a broker rather than simply a salesperson this is the only agent distinction conveyed by the California Department Of Real Estate between agents. You may ask does the agent have an active real estate license in good standing? To find this information, you can check the California Department Of Real Estate website http://www2.dre.ca.gov/PublicASP/pplinfo.asp on this website simply type in the agent name to see if they have a "clean" record you can also check their license status "Salesperson" or "Broker".

Other questions to ask:
Does the agent belong to the Multiple Listing Service (MLS) and/or a reliable online home buyer’s search service? Multiple Listing Services are cooperative information networks of REALTORS® that provide descriptions of most of the houses for sale in a particular region.

Is real estate their full-time career? A real full time agent has active listings and recent sales

What real estate designations does the agent hold?

Which party is he or she representing--you or the seller? This discussion is supposed to occur early on, at "first serious contact" with you. The agent should discuss your state's particular definitions of agency, so you'll know where you stand.

In exchange for your commitment, how will the agent help you accomplish your goals? Show you homes that meet your requirements and provide you with a list of the properties he or she is showing you? - Fri Jul 18 2008, 10:04
My Blog Posts View blog >>
My Listings
1600 Atlas Peak Rd, Napa, CA 94558 1600 Atlas…
$494,000
1 br  1 ba  
50 Peninsula Ct, Napa, CA 94559 50 Peninsula…
$795,000
3 br  2½ ba  
32 Boxelder Ct, Napa, CA 94558 32 Boxelder…
$237,500
4 br  2.0 ba Listing Web Site
550 S Minahen St, Napa, CA 94559 550 S Minah…
$425,000
3 br  2 ba  
2641 Pine St, Napa, CA 94558 2641 Pine St…
$425,000
2 br  1 ba  
1469 Center St, Napa, CA 94559 1469 Center…
$475,000
3 br  1½ ba  
View all 17 listings
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