Buying and Selling has never been easier with the Dominguez Team Advantage!

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What is the Dominguez Team Advantage (DTA)? It is our PROMISE to provide you with excellent services, giving you maximum value and convenience when buying or selling a home.

1. Secure E-ink signature technology: Sign most of your disclosures at the comfort of your own computer. Works great for busy or out-of-area sellers and buyers.
2. Professional Photography and Touch up: We touch up photos professionally to get more buyers interested.
3. Staging Consultation: Adding furnishings to your house from a professional company will really make your house shine. We recommend staging when the house is in good condition.
4. Moving Costs: We partner with moving companies to bring down your cost to move.
5. Charity: We give back to our local community through a series of volunteer work, teaching, and donations to our local universities, such as San Jose State University and Santa Clara University
6. Re/Max Brand: Present in 89 countries, 52 million website views in total, and 89,008 agents worldwide gives you big brand advantage
7. Competitive Inspection Reports: Did you that inspections typically cost $600? After partnering with local termite companies, we are able to get this cost down almost by half. This is money saved towards your new appliances!
8. 3x Pairs of Eyes Rule: We leave no stone unturned. Our office paperwork is audited by a skilled Realtor,  the full time administrative staff we hire, and the office manager, minimizing the liability of future lawsuits
9. Frequent Updates: We make sure you hear from us at least weekly about the progress of the sale of your house. If you’re a buyer, we get daily notifications on your search area and then immediately inform you of new listings. We understand that our updates are time-sensitive and we want you to remain in the loop.
10. Timelines: We know how important it is for you to make your next move. That is why the moment we know when things are going to happen, we map everything out for you conveniently in a timeline.
11. Fully staffed office: We hired full-time administrative staff to help gather your documents and faxes as they come in. Did you catch us when we are closed? Not to worry, our blue drop box outside is ready to take your documents if you are planning a late night drop off.
12. Neighborhood Open House and Outreach: We hold your home open frequently until it is sold. We also specialize in informing your neighbors the home will be for sale, as neighbors often know buyers who will be interested.
13. Property websites and advertising: Your home is aggressively advertised on our company and broker website along with dozens of other online sites, giving you maximum exposure for your listings. Your home is also advertised in trade publications, giving lower tech buyers a chance to make their best offer.
14. We are Nearby: We often work with clients less than 2 miles away from our office, giving you the reassurance that we are very close by to help you. Don’t know how far you are from our office? Well, map it! 4056 Decoto Rd Fremont CA  94555
15. Property Notifications: Once we determine what you are looking for, in addition to visiting and handpicking your listings out of hundred of listings, we setup property notifications so that we get notified the minute a new listing comes out in the market. We make sure you have the market edge and that nobody is left behind or that no deal is left unnoticed!

BELINA C. DOMINGUEZ, CA BRE #00995762
DEAN PAUL DOMINGUEZ, CA BRE #01778824
Realtor® Certified Distressed Property Expert® GRI
Re/Max Active Realty
4056 Decoto Road
Fremont, CA 94555

Why Sellers Aren’t Selling Yet: A general landscape of the economy and rational choice theory

In the presence of housing prices climbing, the stock market at its highest in several years, something uncanny is still among us that we are probably all wondering about: when are home sellers going to sell? I look into several motivating factors as to why sellers have not unleashed the inventory floodgates on us yet.

Step up sellers need capital- there are many sellers who seek a larger space. They purchased a house with the intent to live in it for a few years and upgrade later—this is the definition of what a step up seller is. The basic principle was to buy a property, save capital, then upgrade later. What is happening now is that they have probably saved lots of money by living in a smaller space, however their desire to seller their current property and “step up” to a larger property cannot be fulfilled. While capital was saved, they still lack sufficient funds for down payment or even the larger monthly payments. For this reason, these step up sellers remain financially conservative and await their next financial boon until finding a larger place. And thus explains the postponement to sell.

Sellers trading for like kind don’t want capital gains- It is very possible that sellers who have large amounts of capital will want to relocate to another city for various reasons: new job, short commute times, be closer to family, prefer one city over another, etc.; the equity in their houses could be good enough to pay for another house of similar size. Their financial position might be so good that they could pocket some of the money after making the move. What they may not like, however, are the capital gains that follow the sale of their primary home. Despite single and married tax exclusions of $250,000 and $500,000 respectively, sellers believe that this ought not be to paid out just yet. For example, when one finds a replacement property for their own house and it is of the same value, and the costs of the transaction plus the capital gains they will occur loom large over their heads, it is possible that selling their house is an endeavor left for the future time. This happens quite frequently when sellers have acquired property for very little, making the difference between their sale price and basis price large, which allows them to turn a great profit, but perhaps some of this profit shall be subject to the IRS’ capital gains rules.

Some sellers with equity still have high loan amounts- The rising housing prices have given sellers a reason to sigh with relief as they reflect on their financial situation. Years ago, sellers were underwater. ‘Underwater’ just means having a loan amount higher than the value of your property. With prices rising, the economy converted many of these sellers into homeowners who have equity. However, of the sellers that now have equity, many of them are still closely watching the economy, hoping prices will rise further to get them further out of trouble. While these sellers may have equity, there is still a chance that their equity will not cover the costs to close the transaction of the sale of the property. Due to Realtor fees, escrow, city transfer tax, inspections, concessions, repairs, and other factors, the sale of their property could drain and realize the equity on their property. Not only could potentially the sale of their property require them to have negative net proceeds and pay out of pocket, but the question remains of what their future living situation will be if they move elsewhere.

Short sale sellers refuse to rent- Short sale sellers are sellers who have a bloated monthly payment and have decided the following: since payments are not affordable and loan modification was not possible, I will short sale the property and hire a Realtor to negotiate on my behalf to make the bank pay for the transaction costs of the sale and not require me to pay for the difference between my loan amount and the sales price (which is lower than the loan amount). Needless to say, a short sale is an incredible effective product that can be used to gain momentous advantages to seller who needs a way out from unsustainable monthly payments. If a short seller is so motivated, then what precisely hinders the seller from listing her house on the market?

One theory is that sellers refuse to rent. To sell one’s house and to rent thereafter is a sort of emasculation and taking away of the pride of ownership that got many of these sellers into a house in the first place. To sell one’s house in a short sale is giving constructive notice to the world that one has failed financially and that one must settle for an inferior existence in a smaller apartment, having to rebuild everything that was caused by the poor decisions and loose lending laws in the past. This is clearly an existential consideration mixed in with the pride of owning a home. Are the circumstances of a short sale as dismal as this? As professionals in real estate, we tend not to dwell so much on these aspects of the transaction. In fact, we would disagree entirely. Are we unsympathetic? We are quite the opposite. We support sellers in their decision to make a short sale because the alternatives to the short sale will make the seller worse off. For example, not doing the short sale results in the destruction of one’s FICO and credit score. This manifests itself in missed payments and the foreclosure on one’s record. Both needs to be avoided if one cares about their credit score.

I hope we have made clear the possible types of sellers in the market out there who make up the landscape of our housing market and I hope to have drawn out several considerations on why sellers are not selling yet. While an improving economy promises more opportunities, many sellers still wait and hope for even higher price increases to improve their situation. And if sellers are not the least advantaged in the situation, their saved capital is insufficient to acquire other property or their future capital gains may preclude them from taking action.

$1 fix could secure your garage from thieves

Zip ties can prevent break ins? YES!

 

“While there are a number of ways thieves can break into homes, one of the easiest is through the garage door — after all, it is the biggest door in most homes.The automatic garage door isn’t as secure as many think, and thieves have discovered a simple way according to KOAT, it takes just six seconds to get inside.Luckily, there is a very simple, inexpensive way to fend off garage bandits: the zip tie. Just thread a plastic zip tie through the emergency release latch check out the video for a visual.The zip tie should be strong enough that it would prevent a hanger from opening the garage door, but make sure you have enough strength to bust it in an emergency. An important note: If anyone in your family isn’t strong enough to disable it if necessary, this may not be the right option for you.”

via AOL.com Article – $1 fix could secure your garage from thieves.

2014 Predictions for the Real Estate Market in Fremont, CA 94555

There is something brewing in today’s real estate market. It is the sign of hungry sellers who are poised to act. “To sell or not to sell?” is the major question in everybody’s minds. The decision to tell is faced with the uncertainty of the consequences. What we can say, however, is that now is a great time to sell in Fremont. Below we look at some factors that point to this conclusion:

  1. As I write this article, 70 homes are active in Fremont. 21 of these homes are condos and townhomes while the rest are single family homes. The market is low on inventory and we need more listings.
  2. Prices are up 22% since January 2013 (Evidence: AND Type=DE AND Date Range=01/01/2013-01/31/2014 AND Area=3700 AND Grouping Selector=3; As Of: 1/17/2014)

 

What it mean to have 70 homes on the market? Out of 214.089 residents, only 70 homes are available for sale. Only .0003% of the homes are available for sale. That seems dismal. Pathetic. We need more sellers to list! What are they waiting for?

Let’s look at the second piece of information: prices are 22% higher than last year. Any seller knowing this seems like a motivating factor to cash out. But why have they not done anything?

Perhaps there is still an apprehension to act since we just finished coming out of the mortgage meltdown. To go through various downturns of price of homes and the stock market is enough to take a few years off of anyone’s life. Making a financial mistake now could resonate in one’s financial wallet for decades to come. That is why people have been holding onto their houses for so long, hesitating to sell.

So what are some of the ways to reduce the uncertainty of selling a house?

  1. Consult a Realtor: a Realtor will research your property and tell you how much you can sell your house for.
  2. Ask for Seller Net Proceeds: A realtor will consider relevant transaction costs and will present to you your “bottom line”, i.e.: that is, how much will you take home after everything is done?
  3. Ask a tax professional: Based on how much you take home, how much capital gains will you be expected to pay? Consult a CPA or legal professional for this.
  4. Think about your next investment: What are you doing with the money you earned? Will you reinvest it other property? Will you invest it in tomorrow’s next stock? The decision is yours

Sellers need reassurance. Sellers need explanations and data to justify a decision. Sometimes, sellers even need to see that everybody else is selling their house so that they are comfortable in selling their own home. Whatever it may be, the more you know, the more power you have. With prices climbing and with inventory scarce, the perfect storm is brewing for sellers to make a killing in today’s market.

Menlo Park New Development! Looks promising!

Welcome to Artisan!

Artisan in Menlo Park features Built for Better Living® attached single-family homes and townhomes.

The two-story single-family homes range in size from approximately 1,819 to 1,959 square feet with 4 bedrooms, 2.5 baths and 2-car garages. Three-story townhomes offer approximately 1,107 to 1,829 square feet with 2 and 3 bedrooms, up to 3.5 baths and 2-car garages.

These elegant homes feature Traditional and Spanish exterior styling, and include many of today’s most sought-after features and options for customization that can make your new home at Artisan truly one of a kind.

Come Home to Artisan today and enjoy the good life for years to come!

 

via

Artisan.

Northern California Real Estate – Northern California New Homes for Sale | Standard Pacific Homes

Northern California New HomesIncluding Bay Area and SacramentoPenroseAcaciaSaratogaBay Area AREA COMMUNITIESClick to View Map Antioch, Oakridge At Monterra – Single-Family Homes, From the $460,000s Brentwood, Penrose At Barrington – Single-Family Homes, From the $450,000s Dublin, Castello At Sorrento – Single-Family Homes, From the $830,000s Dublin, Chateau at Fallon Crossing – Single-Family Homes, From the $870,000s Dublin, Piazza At Sorrento – Single-Family Homes, From the $790,000s Dublin, The Summit at Schaefer Ranch – Single-Family Homes, From the $1,000,000s Livermore, Magnolia Place – Single-Family Homes, From the $600,000s Morgan Hill, Rose Garden – Single-Family Homes, From the $650,000s Mountain House, Alicante At Questa – Single-Family Homes, From the $510,000s Mountain House, Miramonte At Questa – Single-Family Homes, From the $440,000s San Jose, Westmount – Townhome Attached and Single-Family Detached, From the $490,000s San Mateo, Arbor Rose – Townhome Attached and Single-Family Detached, Call for Pricing Tracy, Starflower – Single-Family Homes, From the $440,000sSacramento AREA COMMUNITIESClick to View Map El Dorado Hills, Laurelton At Blackstone – Single-Family Homes, Pricing Coming Soon El Dorado Hills, Legacy Oaks At Serrano – Single-Family Homes, From the $590,000s El Dorado Hills, Sagewood At Blackstone – Single-Family Homes, From the $440,000s Elk Grove, Bellmore At Parkgate – Single-Family Homes, Pricing Coming Soon Elk Grove, Stratford At Parkgate – Single-Family Homes, Pricing Coming Soon Lincoln, Equinox At Lincoln Crossing – Courtyard-Style, Single-Family Homes, Call for Availability Rocklin, Manzanita At Whitney Ranch – Single-Family Homes, From the $430,000s Rocklin, Saratoga At Whitney Ranch – Single-Family Homes, From the $510,000s Woodland, Acacia at Huntington Square – Single-Family Homes, From the $280,000s Woodland, Cypress At Huntington Square – Single-Family Homes, From the $400,000s

via Northern California Real Estate – Northern California New Homes for Sale | Standard Pacific Homes.

Hayward and Livermore Go After Problem Tenants – deanpaul.dominguez@gmail.com – Gmail

Government Affairs Action for the Week of November 3, 2013

by David C. Stark, Public Affairs Director, Bay East Association of REALTORS®Social Nuisance and Drug Ordinances:

Fw: Hayward and Livermore Go After Problem Tenants - deanpaul.dominguez@gmail.com - Gmail

Both Hayward and Livermore have adopted ordinances that make it easier to crack down on “party houses” and drug dens.Hayward recently approved a Social Nuisance Ordinance that makes property owners liable for criminal behavior of their tenants. The Ordinance was developed in response to a handful of properties that generate a significant amount of police service calls related to drug use, loud parties and prostitution. According to the City Attorney’s office, the city is particularly concerned about activities that a landlord may be aware of but fails to take corrective action. During the development of the ordinance Bay East and the Rental Housing Association raised concerns about the existing Rent Stabilization ordinance which includes strong tenant protection components which often complicate the eviction process – even for tenants engaged in criminal behavior. The City claims it will cooperate with landlords to eliminate nuisance behavior. The City Attorney’s office says they will provide reports and documents to facilitate eviction proceeding and will make available enforcement officers, if properly subpoenaed, to testify at hearings. For more information please contact Rafael Alvarado, Assistant City Attorney at Rafael.alvarado@hayward-ca.gov or 510583-4456.The City of Livermore is also addressing properties with chronic drug-related problems that create a neighborhood nuisance. Their new ordinance, which the city claims is a “tool of last resort,” allows the city to compel property owners to evict tenants; secure property to prevent unlawful drug activities; provide security and, in the case of rental property, require the owner to actually reside at the property until the nuisance is abated. The city claims there are only a small number of properties causing problems and the new ordinance would only be enforced on a limited basis.For more information please contact Kevin Young, Assistant City Attorney at keyoung@cityoflivermore.net or 925960-4150 or Nikki Aguon, Crime Prevention Specialist, naguon@cityoflivermore.net 925371-4978.

via Fw: Hayward and Livermore Go After Problem Tenants – deanpaul.dominguez@gmail.com – Gmail.

Nest Protect Is A $129 Smoke And Carbon Monoxide Detector That Takes Nest Deeper Into The Connected Home | TechCrunch

Nest Protect Is A $129 Smoke And Carbon Monoxide Detector That Takes Nest Deeper Into The Connected Home

Could this be the new product for seller mandated carbon monoxide and smoke detectors at closing at point of sale? It could, but it’s price point is higher than most devices, so it’s hard to believe sellers would pay extra for this just so that the benefit can be passed on to buyers. However, it could help with the appeal of the home and more appeal to the home means a higher purchase price. Did anybody think of HAL 9000 at the end? I sure did. “Hello, Dave,” it says to me.

via Nest Protect Is A $129 Smoke And Carbon Monoxide Detector That Takes Nest Deeper Into The Connected Home | TechCrunch.