Sonoma County info

See the Marketplace in the www.pressdemocrat.com to see the listing for www. 164 CordobayWay.com. You are to call Mirjam if you have any interest the first thing this morning. It is a real “steal” for anyone interested in living in the Foothills Subdivision. Great press for this property!

Even though the news today is somewhat grim about real estate the local New York Times Press Democrat does admit that the price of residential Real property in Sonoma county remains stable—$606,000 for the median. It even reports that we should see a slight increase in real estate prices over the next couple of years. Since this is a “no growth” county it stands to reason that what is here will continue to appreciate even at a slower pace than we have seen in past years. For more information about county real estate, please see the Sonoma County website www.sonoma-county.org and see the Economic Development Board reports on Real Estate in the county. Ben Stone, the Director does a great job in providing the community with the latest and greatest stats on the performance of sonoma county.

Talk about Press— Please look for my upcoming publication “Masters of Sales”. This book is anticipated to be a NY Times best seller when it is released this August. Amazon books www.Amazon.com is taking prerelease orders. This book has been compiled by Dr. Ivan Misner who studies sales and business networking. He is also the founder this international organization of over 12 chapter of Business Network International (BNI) in the county—see http://www.bni.com/ and http://www.bni-sfbay.com/ for the entire North Bay. In the region 4 BNI members have articles in the new book-Dawn Lyons, Area Director North Bay, Ed Craine, Area Director SF, Trey McAllister, Asst Director and me also Asst Director. Some of the contributing authors to this BNI book include: Zig Ziglar, Brian Tracy, Tom Hopkins, Martha Stewart, Jack Canfield, Harvey Mackay, and Tony Robbins, these names are leaders in salesmanship! You will see me at upcoming book signings in the county and talking about the book in several media outlets locally. If you would like a signed copy…..Place your order NOW! www.denisebeeson.com

 Just to let everyone know that 2 offers were received this weekend for this property. If you are sitting on the fence, please be sure to call Mirjam to throw your offer on the table…..we had brisk traffic Saturday and Sunday. Scroll down and see the website on this property.

Important matters for those buying or refinancing are the “closing costs” on a property. Closing costs on all types of loans vary from state to state. Important considerations to those borrowers that are worried about “closing costs” comes from today’s newsletter from the Mortgage Lenders Association. This gives us a some interesting information on what states charge:

Which States Have the Highest Closing Costs?
Realty Times (07/23/07) ; Evans, Blanche
“New York has the most expensive closing costs in the country at $3,830, according to an annual report from Bankrate.com, but a borrower taking out a $200,000 mortgage in Indiana would pay an average of $2,339–or $1,491less–for origination, title and closing costs. Topping Bankrate.com’s report for the third straight year, New York was followed by Texas; while Florida, Pennsylvania and Ohio followed number three-ranked Indiana. The national average in closing costs is $2,736, with 24 states and the District of Columbia having higher closing costs and 24 states having closing costs that are lower than the national average. Kickbacks and undisclosed referral fees have been problems for the closing industry, and some lenders are now introducing flat-fee pricing or products carrying no fees and no mortgage insurance in an effort to lower closing costs.”

Please be sure to ask your Title/escrow/lender companies if they offer any discount to any borrower that had purchased the property during the last year. In my experience I am finding that some title/escrow companies are willing to discount over 33% to the borrower on a subsequent refinance! Just ask….!!

Hope you all had a great weekend? Weather in the wine country was glorious. If you are looking for a great restaurant check out SADDLES, in the quaint town of Sonoma. We ordered burgers all around since they are know for their great beef. Earlier we had seen the newest flick “Goya’s Ghost”. This is a “must see” for those interested in artsy movies based the real life of famous artist and the times they lived in.

Denise