Clovis Real Estate News

Clovis Home Prices – Up or Down in 2010?

Clovis Home Prices Fall in December

clovis realtor, clovis realtors, clovis realty, clovis broker, clovis real estate agent, clovis real estate agents, clovis homes, clovis real estate companyLower Clovis home prices is good news – if you’re a Clovis buyer.  But behind the scenes of falling Clovis home prices is more bad economic news.  Things aren’t getting better in the Central Valley.  But they are in other parts in California. Read the rest of this entry »

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Clovis Home Values

Whats my clovis home Home Worth

Find the estimated value of any Clovis home in just seconds.

What’s My Clovis Home Worth?

Find the estimated value of any Clovis home!  Our FREE Clovis Home Value Estimator tool estimates your Clovis home’s value in today’s market.  You can also see sold homes and prices in your neighborhood, learn your neighborhood market conditions, what your neighbor’s home is worth, and the current Clovis market trends.

FREE Clovis Home Value Estimator Tool:

  • Estimates the value of any Clovis home

  • Gives your neighborhood’s market conditions

  • Lists nearby homes for sale & those recently sold

  • States your neighbor’s home value

  • And much more!

Just fill out the form below and get the Clovis Home Value Estimator tool automatically emailed to you.

Clovis Home Value Estimator

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Thinking About Selling Your Clovis Home?

Sell it FAST & for the HIGHEST price!

Contact Dr. John McMillen

FREE, no-obligation, confidential appointment.

Get your home’s value!

(559) 325-4545

John@ClovisExperts.com

ClovisExperts.com

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Quail Lake Homes for Sale

View all Quail Lake homes for sale like this 5/3 with mountain and lake views. Email me for a FREE list of all Quail Lake home: John@ClovisExperts.com

Dr. John D. McMillen

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Clovis Vacant Lots

FREE List of Clovis Lots | Land for Sale

Clovis, CA is the perfect setting for building a custom home.  Top ranked schools, low cost of living, and a great community are just some of the reasons why Clovis is so popular.  If you’ve been dreaming of building your own Clovis custom home now is the time.  Prices of Clovis lots and Clovis construction have fallen dramatically.

Quail Lake Custom Lots, Quail lake land

One of the most popular areas in Clovis to build a custom home is at Quail Lake. Quail Lake lots range in a variety of shapes and sizes. Some lots are waterfront and others sit just off the lake. It’s not uncommon to see large waterfront Quail Lake lots over 10,000 sq. ft. However, Quail Lake land doesn’t come on the market very often. And when it does, vacant lots don’t last long.

If you would like to learn more about Quail Lake lots or receive a current list of all Quail Lake lots for sale, click here.

Clovis Real Estate

At Clovis Real Estate, we specialize in Clovis homes and vacant Clovis lots for sale. As Clovis Realtors, we can tell you just about everything there is to know about Clovis and the Clovis housing marketContact us today with any questions and discover how we can make building a Clovis home a reality.  For a FREE list of all Clovis lots currently on the market just fill out the form below.

FREE List of Clovis Lots For Sale

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We specialize in:

Clovis Homes | Clovis Lots for Sale

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Clovis Real Estate Market Data

Clovis Real Estate Market ReportIf you’re looking to buy or sell a Clovis home in 2010 you undoubtedly have read or heard a lot about the Clovis real estate market.  It’s no secret that Clovis homes have fallen in value over the past several years.  So should you continue to wait to sell or buy a Clovis home, or is the worst over?   Rather than give you our professional opinion this time, we thought we’d present you with some housing facts and let you be the judge.

Sold homes in Fresno County the last 5 years:

  • 2010:             ?
  • 2009:         9,328
  • 2008:         6,781
  • 2007:         4,865
  • 2006:         6,503
  • 2005:         8,997

As the data above indicates, when the market was at its peak in 2005 — nearly 9000 homes were sold in Fresno County. Back then, if a Clovis home was listed it pretty much sold.  Surprisingly, despite the recent real estate woes in Clovis and Fresno, in 2009 more homes were sold than when the market was at its peak.  In fact, buying Clovis homes priced under $250,000 is increasingly difficult because of the competition from investors and other Clovis buyers (we wrote about this in our article:  Clovis Foreclosures – Why They’re Selling So Fast).  In other words, the number of sold Clovis homes in 2009 and Fresno County is overwhelming evidence that if Clovis homes are priced right, they will sell. What this data doesn’t show, however, is that while Clovis homes sales are strong, Clovis home prices continue to fall. Read the rest of this entry »

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NeighborCity

The Right Real Estate Agent, The Right Home.
All the real estate listings – MLS, foreclosures and for sale by owner, plus rankings of every local agent based on performance, not hype. Complete data, better results.

Find Real Estate Purchasing in Fresno

Real Estate Purchasing in Fresno

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Quail Lake Lots | Land for Sale

Quail Lake Clovis CA

FREE List of Quail Lake Lots | Land for Sale

Quail Lake is a luxury, lakeside Clovis community that provides the perfect setting for building a custom home.  As you drive through this pristine community, you’ll find a number of custom Quail Lake homes already located throughout this private community. If you’ve been dreaming of building your own home in a tranquil setting with breathtaking lake and mountain views – look no further.  Quail lake offers amenities and features not found in any other Clovis community (read about Quail Lake’s environment friendly features here).

Quail Lake Custom Lots, Quail lake land

Quail Lake Lots

Quail Lake lots range in a variety of shapes and sizes.  Some lots are waterfront and others sit just off the lake.  It’s not uncommon to see large waterfront Quail Lake lots over 10,000 sq. ft (click on the image above for a better view of example lot locations). However, Quail Lake land doesn’t come on the market very often.  And when it does, vacant lots don’t last long.

If you would like to receive Quail Lake lots for sale as soon as a vacant Quail Lake lot comes on the market, just complete the form below.  We’ll also email you any current Quail Lake lots for sale.

FREE List of Quail Lake Lots For Sale

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Clovis Real Estate

At Clovis Real Estate, we specialize in Quail Lake homes and vacant Quail Lake lots for sale.  As Clovis Realtors, we can tell you just about everything there is to know about Quail Lake and this spectacular community. Contact us today with any questions and discover how we can make building a Quail Lake home a reality.

Quail Lake

Want to know more about Quail lake?

If you’re searching for a Quail Lake lot, contact us today. We’ll send you a list of all current Quail Lake lots for sale.

We specialize in:

Quail Lake Homes | Quail Lake Lots

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Clovis Foreclosure Timeline

Clovis foreclosure process

Facing Foreclosure?

If you’re a Clovis homeowner facing foreclosure, the following is a brief overview of the Clovis foreclosure process.  Depending on the timing of the various notices you’ve received, it usually takes a minimum of 120 days to effectuate what’s called a non-judicial foreclosure (explained below).

Clovis foreclosures begin when a Clovis homeowner (known as the Trustor) doesn’t make a monthly payment to the bank (Beneficiary).  The first missed mortgage payment is technically a default, but most banks don’t begin the foreclosure process until the third missed payment.  If the bank can’t resolve the defaulted amount(s) with the Clovis homeowner, the bank will begin foreclosure proceedings.

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Foreclosure Process for Clovis Homes

Overview of the Clovis Foreclosure Process

Clovis foreclosure realtor, clovis shortsale realtor, clovis short sale realtor

If you’re struggling to make your mortgage payments on your Clovis home, you’re not alone. One of the most important things you can do is understand the foreclosure process in Clovis. Here’s a brief overview of the foreclosure process for Clovis homes to help you do just that:

When you bought your Clovis home it probably involved a “deed of trust,” which by its legal definition involves 3 parties:

  1. Trustor (Clovis homeowner / borrower),
  2. Beneficiary (lender / bank), and
  3. Trustee (a neutral 3rd party receiving the right to foreclose).

The deed of trust usually includes a “power of sale” clause that gives the neutral 3rd party the legal right to enforce collection of the debt. Collection of the debt is ultimately enforced by lender / bank’s right to sell the Clovis home when the Clovis homeowner / borrower fails to make their mortgage payments.

Defaulting on one’s loan causes the start of “foreclosure”, the process by which the lender / bank takes over a Clovis home in order to recover their principal investment (remember, your Clovis home is still the bank’s until you pay it off fully). Once the Clovis home is either sold at auction or “repossessed” by the lender / bank, the former Clovis home owner must vacate at the discretion of the new owner.

When there is a power of sale clause in the deed of trust the non-judicial process of foreclosure is used. In a non-judicial foreclosure, the neutral 3rd party (trustee) must meet a few requirements before it sells the Clovis home. In comparison to a Judicial foreclosure, Non-judicial foreclosures are quick (it takes a minimum of 120 days or 4 months) because the trustee does not have to obtain a court order to foreclose, nor is court supervision required in order to sell the house, as is required in the judicial foreclosure process. The judicial process of foreclosure is used when a power of sale clause is not in the deed of trust.

In California, the time-line of non-judicial foreclosure begins when the trustee files a notice of default. This is a letter which is sent to the Clovis homeowner notifying him or her of their default of the loan. This notifies the Clovis owner of the intent of the lender / bank to follow through on their right to collect on the debt. The copy of the notice, which is recorded at the County Recorders Office in Fresno, is mailed to the Clovis home address. Recording of the notice of default occurs next and can take anywhere from 1 week to 3 or more months after a Clovis homeowner misses their first mortgage payment.

The next step is the filing of the Notice of Trustee’s Sale. No sooner than 90 days after the trustee records the Notice of Default, the Trustee must publish a notice of trustee’s sale in the Fresno Bee and simultaneously file that notice with the Fresno County recorder’s office.  Then, no sooner than 20 days after the notice of trustee sale is filed, the Clovis home may be sold at public auction for the amount of the debt plus foreclosure costs.  If no one bids at the auction, the lender / bank assumes ownership of the Clovis home and may sell it to recover their cash investment.

Clovis Foreclosure Help

If you’re struggling to make your mortgage payments, we strongly recommend that you consult an attorney and Clovis Realtor to discuss your options.  Clovis foreclosures have a damaging effect on your credit for a period of at least seven years.  The earlier you can address the situation, the better the overall result will be regardless of the outcome.  We’re happy to address any real estate questions you may have if you’re facing a foreclosure.  Just fill out the form below and we’ll point out what your options are and answer any questions you may have.

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Quail Lake – A Green Clovis Community

Quail Lake:  The 1st Clovis Environmentally-Friendly Green Community

Quail Lake Clovis, quail lakes

One of the newest movements in Clovis real estate is building green homes.  Several local builders now tout their green features, but one Clovis community has bragging rights for leading the green charge years before the others – Quail Lake.  Quail lake is a beautiful lakeside community that many have heard about because of it’s breathtaking water views, but few know about its environmental friendliness.  In fact, Quail Lake is a leading green community in Clovis.  It’s a masterfully designed community comes complete with water recycling, groundwater recharge, wetlands preservationGreen homes in Clovis, green clovis builders, green builders in clovisation, and countless energy-savings and environmentally-responsible green building amenities.  Much like the Toyota Prius is to the auto industry and hybrid cars, Quail lake is to other Clovis communities.  While other communities are just now beginning to consider green techniques, Quail Lake has always been utilizing environmentally building techniques.

If owning a green home is important to you and you would like to receive all of the Quail Lake homes on the market, just fill out the form below and we’ll email you all of the homes for sale at Quail Lake.

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Quail Lake

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