SOURCiS / SacMetroRealEstate.com is offering IDX (Internet Data Exchange) solutions to Brokers and agents in Sacramento Area (MetroList ®) and San Jose Area (MLSListings.com).

IDX, also known as Broker Reciprocity, is a system where brokers give permission to display their listings on each other's web sites. SOURCiS provides a set of web pages on a web site that provides access to these listings.

The IDX solutions includes:
- Easy to Use Search Interface
- Interactive Mapping
- New Listing Notifications


The Real Estate Website Design includes:
- Your Own Blog
- Optimized for Search Engines
- Includes IDX / MLS Search


Contact SOURCiS for more information.


MetroList ® MLS covers Central Valley, El Dorado County, Lodi, Merced County, Placer County, Sacramento, and Yolo County.


MLSListings.com MLS covers Alameda County, Monterey County, San Benito County, San Francisco County, San Mateo County, Santa Clara County, and Santa Cruz County.

Mortgages are still available, despite talk of a credit crunch.

Qualified borrowers can find conforming and FHA-insured mortgages easily. Jumbo mortgages are more scarce, but available. Rates went up in the last week, which is another way of saying that credit is tighter. But the mortgage marketplace isn't frozen, at least in part because of federal intervention.

"There's almost no difference in the availability of money compared to a year ago, with the exception of jumbos," says Jim Sahnger, mortgage consultant with Palm Beach Financial Network in Stuart, Fla. "The main difference is that you have to provide documentation, such as W-2s, tax returns and bank statements. Welcome to the full-doc world."

Credit standards have been getting tighter all year, reducing the number of people who qualify for loans. It's hard to quantify how many people have been disqualified merely because of more strict lending standards.

As Sahnger mentioned, one prominent change has to do with documentation of income. A year or two ago, a borrower with an excellent credit history and no change in employment might have been able to refinance a mortgage without having to provide proof of income -- even on a full-documentation loan. Those days are gone, mortgage lenders say. Bring in W-2 forms or income tax statements, or get turned down for a loan.

By Holden Lewis - Bankrate.com

These tips and suggestions can help you make the best possible impression on the lender of your choice.

The four C's

• Capacity, which refers to the adequacy of the borrower's income to pay the interest and principal due on the loan, plus property taxes and homeowners insurance.

• Character, which refers to the borrower's track record of paying debts as evidenced by his or her credit history and credit score.

• Capital, which refers to the borrower's down payment (or equity) as a percentage of the current value of the home.

• Collateral, which refers to the safety and soundness of the home and the value of the home as determined by an appraisal relative to the agreed-upon purchase price.

By Marcie Geffner • Bankrate.com

Judy Carter leading REO (Real Estate Owned) specialist in Sacramento area just launched Sacramento Area REO Bank-Owned Listings - ForeclosuresRealEstateAgent.com. Viewers have direct access to Sacramento County, Placer County and El Dorado County bank-owned properties. They can search and view from a large inventory of foreclosed bank-owned properties. REO listings contain detailed information about the property. Placer County foreclosures are listed in reosplacercounty.com and Sacramento County foreclosures are listed in reossacramentocounty.com.

Foreclosure Hot Line: (916) 642 6333

It's tough being the seller in a buyer's market. But you can improve your odds with the right research.


In many cases, making a smart deal and getting the best price comes down to studying your market and being an educated seller.


"You've got to know more than you would have if you'd sold a year ago," says William Poorvu, professor emeritus at Harvard Business School and author of the upcoming book "Creating and Growing Real Estate Wealth." "If you want to protect yourself, you have to become knowledgeable."


8 factors to keep in mind as you prepare to sell:

1. Recognize that housing markets are local.
2. Analyze who is buying and selling in your market.
3. Ask the professionals.
4. Know what your house is worth.
5. Consider strategic pricing.
6. Rebate your "commission."
7. Evaluate whether you really have to sell now.
8. Assess the market where you plan to buy.


For seller tips click here.


Source: Bankrate.com