Realty World – Dave Thurman

Stockton Real Estate · Homes for Sale · REALTOR® Since 1976

On Saturday, January 14, 2012 from 12:00 Noon to 4:00 PM, you are invited to our Open Office at 2652 East Main Street in Stockton. If you are looking for residential, commercial, or investment properties in this area, don’t miss this opportunity to visit and meet with Dave Thurman, REALTOR®. Appointments are not necessary!

• Pick up a free list of homes!
• Foreclosure auction dates & information.
• Get pre-qualified for a home loan.
• Ask questions about foreclosures and short sales.
• Discuss agency and disclosure requirements.
• Become a member & start up your own Shaklee business
• First-time buyers and investors are welcome.

For Sale – Open Sundays! $275,000

Raymus Built Home in Linden! Spacious single story 3 bedroom 2 bath on 70×115 lot. Fully landscaped front and back, lots of concrete with RV/boat parking and gazebo with a Catalina Spa. Open living room, formal dining room and kitchen with 10′ high ceilings, brick gas fireplace, built-in book cases on ceramic tile flooring. Master suite was extended with double sinks and walk-in closet. Also includes private office/den, inside laundry and 2-Car garage. Owner is licensed real estate broker. Virtual Tour

Number of Homes for Sale vs. Sold vs. Pending

November 2010 there were 1262 homes for sale in Stockton, California in comparison to November 2011 where there was a decrease to 919 homes for sale. The number of homes sold in November 2010  was 385 and in November 2011 the number of homes sold decreased to 354. In November 2010 there were 362 pending sales which increased to 494 in November 2011.

More graphs and charts from our MLS and  TrendVision Reports

On Saturday, November 12, 2011 at 2:00 PM, you are invited to an Open House at 511 N Filbert Street in Stockton. If you are looking for a Single-family Home in this area, don’t miss this rare opportunity to visit this magnificent property. For a preview of this Single-family Home, check out my Web site. Please do not hesitate to Contact Me if you have any questions or wish to schedule a private showing.

511 N Filbert Street, Stockton CA 95205

Affordable and inside all updated better than brand new! Newer dual pane windows, carpets, ceramic tile, fixtures, paint and much more. Great East Stockton location within walking distance of Fremont Center Shopping District. This is not a bank owned home (REO) or a “Short Sale” Asking…$55,500…Host Dave Thurman

Number of Homes for Sale vs. Sold vs. Pending

September 2010 there were 1326 homes for sale in Stockton, California in comparison to September 2011 where there was a decrease to 1076 homes for sale. The number of homes sold in September 2010  was 384 and in September 2011 the number of homes sold increased to 402. In September 2010 there were 422 pending sales which increased to 479 in September 2011.

More graphs and charts from our MLS and  TrendVision Reports

2335 East Lafayette Street, Stockton CA 95205

Custom Built Home plus Rental or Guest House on double 100×115 alley lot in East Stockton near Filbert Street and Hwy 4 Crosstown Freeway. Lots of off street driveway space and garages off alley. Very secured with wrought iron fences, windows, doors and alarm service. Main house is 3-bedroom 2-bath with a bedroom converted to an office. Includes formal dining, fireplace and central heat/air. Rental / Guest House is 1-bedroom 1-bath. This is a One-Of-A-Kind property being sold by the original owner/occupant/builder. Priced right at $99,500. See a virtual tour!

Last year, more than two million people were turned down for homes, according to federal data, often because the applicants didn’t meet certain lender requirements or because their applications were incomplete or otherwise problematic.  With lenders’ underwriting criteria becoming more rigorous in recent years, it’s important buyers know the most common triggers for mortgage-loan rejection.

Making sense of the story

• Insufficient income: Lenders want to be sure borrowers can afford to make the mortgage payments.  Lenders typically look for at least a two-year track record of income, which could hurt those who have changed jobs recently.
• Cloudy financial picture: Generally, total debt payments, including the mortgage, cannot exceed 45 to 50 percent of a borrower’s adjusted gross monthly income.  Overtime and bonuses are included only if the borrower has worked for the same employer at least two years, and has a history of receiving them.
• Poor credit: Lenders typically reject applicants with FICO scores below 620.
• Low appraisal: One of the predominant reasons buyers are turned down for home loans is because the appraisal on the property is too low.  A buyer may think he or she is purchasing a house worth $800,000, but if the appraisal comes in less than that, the lender will not loan the borrower the money.
• Property problems: Sometimes issues turn up within a house, like a major repair or safety issue that needs to be addressed, before an application can be approved.
• Information mix-ups: Approximately 12 percent of new mortgage applications were denied because of unverifiable information or incomplete credit applications, according to the Federal Financial Institutions Examination Council.

Related articles

• How to Boost Your Odds of Getting Approved for a Mortgage
• More parents finance their kids’ mortgages
• First-time buyers hit by lenders’ caution
• New appraisal standards to impact mortgage rates
• Loan rejections soon to come with explanation
• I think mortgage & appraisal standards are just right
• The Top 3 Real Estate Deal-Killers – and How Buyers Can Avoid Them
• Mortgage rationing still in force
• To Understand The Benefits Of A Realty Mortgage Do In Depth Research.

2335 East Lafayette Street, Stockton CA 95205

Custom Built Home plus Rental or Guest House on double 100×115 alley lot in East Stockton near Filbert Street and Hwy 4 Crosstown Freeway. Lots of off street driveway space and garages off alley. Very secured with wrought iron fences, windows, doors and alarm service. Main house is 3-bedroom 2-bath with a bedroom converted to an office. Includes formal dining, fireplace and central heat/air. Rental / Guest House is 1-bedroom 1-bath. This is a One-Of-A-Kind property being sold by the original owner/occupant/builder. Priced right at $99,500. See a virtual tour!

1302 Grey Fox Place, Stockton CA 95205

Check out my personal website for new real estate listings and homes for sale in Stockton and San Joaquin County!

Number of Homes for Sale vs. Sold vs. Pending

July 2010 there were 1168 homes for sale in Stockton, California in comparison to July 2011 where there was a decrease to 1053 homes for sale. The number of homes sold in July 2010  was 407 and in July 2011 the number of homes sold decreased to 354. In July 2010 there were 398 pending sales which increased to 544 in July 2011.

More graphs and charts from our MLS and  TrendVision Reports