Bill M Godwin

"Integrity and Sincerety"

I'm a:	Real Estate Professional
Company:	First Team Real Estate
Location:	Aliso Viejo Dana Point Lake Forest Mission Viejo San Clemente San Juan Capistrano View all locations...
Web sites:	Bill Godwin
Phone:	(949) 606-5669

24 Answers
1 Best Answer
8 First Answers
21 Useful Answers

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About Me

A former home builder and developer, I bring a valuable perspective to the real estate industry. My analytic skills and the computer tools provided by First Team allow me to help my clients wade through the mass of information available about real estate to actually understand the market conditions in their community and neighborhood.

Testimonials

"Bill, I have been telling anyone interested in buying a home your name and giving them your card. I have been reading the papers and news about all the fraud that has been going on in the housing market, I am glad I have not got those problems. Having a trusted agent and lender is a big deal these days, that's why I give them your name. Thank You, Chris Graham SONGS Nuclear Maintenance Machinist"
Chris Graham Sun Mar 9

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Bill M Godwin's Questions (0)

Bill M Godwin's Answers (24)

What is the MLS? How does it work? Briefly what are the similarities/differences between your site and theirs?

Asked Wed Nov 12 2008, 15:56 by TRK - 92707 - Home Selling - 4 answers

Bill M Godwin answered:

The Multiple Listing Service is a membership service for REALTORS. It contains all the listings in a geographic area. The SoCal MLS just merged the listings of 5 area MLSs making the largest MLS in the nation and containing listings from Ventura to San Clemente and throughout the Inland Empire.

In making a purchase you would want an agent to represent your interest which are necessarily different from those of the seller. A good buyer's agent will help you find a home that meets your needs and then assist in negotiating the terms and conditions of the transaction. Your agent will make sure that you meet all the contractual obligations of the transaction in a timely manner in order that you do not jeapordize your earnest money. The agents for both the seller and the buyer are paid out of the seller's proceeds from the sell.

I would be happy to interview for the job of being your representative. Contact me privately at
Bill@BillMGodwin.com

Sincerely,

Bill - Wed Nov 12 2008, 16:13

Thoughts about buying a home in the Huntington Beach and Fountain Valley area

Asked Fri Sep 26 2008, 09:39 by BL - Huntingtn Bch - Home Buying - 9 answers

Bill M Godwin answered:

While you may be right about prices and inventory next summer, It is entirely possible that interest rates will have gone through the roof - if you can get a loan at all. A LOT depends on passage of the rescue package now under consideration. One think for sure is there are already a lot fewer institutions writing loans which means less competition and higher prices (Interest rates) for those loans.

Whatever you decide to do - wait or buy now - I would be happy to help you find a property that best suits your needs and help you determine its value when compared to the market as it is today. I wish I had a magic ball and could predict what the market will be like next summer but I don't think anyone can do that.

Bill Godwin
949-606-5669
Bill@BillMGodwin.com - Fri Sep 26 2008, 09:55

To make an offer to purchase home on short sale and REOs, what forms does an agent have to file?

Asked Tue Sep 23 2008, 16:19 by madevry - Anaheim - Agent2Agent - 2 answers

Bill M Godwin answered:

Madevry,
Are you an agent? Since you know the forms by initial and you are planning on using a CBC it appears that you are. If so and you do not know the answer to your question, I would suggest you ask your broker.

Bill - Tue Sep 23 2008, 16:36

How much reduction on a REO Bank Owned properties Normaly in this buyers marcket.?

Asked Tue Sep 23 2008, 13:01 by madevry - Anaheim - Home Buying - 4 answers

Bill M Godwin answered:

Madevry,

Most asset managers at bank REO departments are not authorized to accept anything not within 5% of list price. Your best stratagey is to have a strong buyer's agent who is well informed on market values and then determine what value you place on the property and let that drive your offer price. Many bank owned properties are coming on the market very underpriced and starting bidding wars between several buyers. Without a strong knowledge of market values for similar properties you could end up over paying, or worse yet, under bidding and failing to get a truly good buy on a property.

Call me if I can help

Bill M Godwin
949-606-5669
Bill@BillMGodwin.com - Tue Sep 23 2008, 14:07

I want a buy REO home in Anaheim.

Asked Tue Sep 23 2008, 08:40 by madevry - Anaheim - Home Buying - 6 answers

Bill M Godwin answered:

Hi Madevry,

Frequently bank owned property will show active after an offer has been accepted until all the documents have been executed by the buyer and the seller. When the seller is an institution it often takes several days to get this done. REO listing agents are inundated with work and frequently do not return calls. I would recommend enlisting a buyer's agent to adequately represent you in your purchase.

Bill
949-606-5669
Bill@Billmgodwin.com - Tue Sep 23 2008, 10:24

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