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 Ref #: 271337 $795,000  Listing Courtesy of CYNTHIA CARLEY, COLDWELL BANKER SKY RIDGE REALTY
| ML #: |
271337 |
Area: |
Arrowhead Woods |
| Beds: |
3 |
Baths: |
2.0 |
| Year Built:: |
1989 |
Heating: |
Central Forced Air |
| Fireplace: |
1 |
Garage: |
Two Car, Attached Garage |
| Parking: |
3 or More Parking Spaces |
Stories: |
2 Stories |
| View: |
Trees View |
Frontage: |
| Dock: |
Additional Features
| Appliances: |
| Dining Area: |
Formal Dining |
| Master Bedroom Features: |
Upper Level Master Bedroom, Master Bedroom With Bath, Master Bedroom With Sitting Area |
| Other Rooms: |
Separate Laundry Room, Unfinished Room/Area |
| Special Features: |
Cat/Vault/Beamed Ceiling, Level Entry From Street |
| Inside Extras: |
Log Lighter, Washer/Dryer Hookup |
| Remarks: |
THIS PROPERTY WELCOMES YOU TO A LIFESTYLE OF ENTERTAINING AND RELAXATION THAT EXTENDS TO THE EXQUISITELY LANDSCAPED GROUNDS. COMPLETE WITH TWO VERY SPECIAL WATER FEATURES AND VIEWING DECK!BEAUTIFULLY APPOINTED&ZONED HORSE PROPERTY! BY APPT. ONLY. |
To request more information, contact...
 Cynthia Carley, Broker, Realtor Coldwell Banker Sky Ridge Realty Arrowhead, Ca 92352 Phone: 909-336-7922 Cell: 909-730-1745 Fax: 909-336-2400
 Twice in the last 4 years, we have watched parts of our Lake Arrowhead community in flames losing hundreds of homes each time. We have learned much about the unity and resilience of our friends and neighbors. We have also learned that most of us were underinsured. Some of us because of the increase in property values over the last 6 years; some of us because we failed to work wth our insurance agents to be sure we understood what our policies really cover, and what replacement cost really means. We can help every one of our famly members, friends, neighbors and clients by givng them a heads up to make that call TODAY!
Have any of you experienced appraisal values being reduced by an arbitrary 20% because the market is declining??? With a reduction in the number of sales, and the declining 0prices, we are seeing some very arbitrary judgments in overall value. Just as we as REALTORS(R) have a fiduciary duty to price our listings properly, I would hope that appraisers would not be adjusting values just to stay safe! We are in a market where no two homes are alike; many adjustments must be made in order to arrive at comparability; and sales are few and far between. With everything else we are dealing with, it seems it is more important than ever to provide comps that "might" be used just to give an appraiser (particularly an appraiser from another area) a foundation from which to start. Any real world stories out there?
THIS IS A PHOTO FROM ONE OF THE MOST BEAUTIFUL PLACES IN SOUTHERN CALIFORNIA -- THE DAFFODIL GARDEN JUST OFF HIGHWAY 330 IN RUNNING SPRINGS! IT IS OPEN BEGINNING MARCH 22, 2008 FOR A VERY LIMITED TIME SO DON'T PUT OFF MAKING YOUR VISIT. WE ARE SO PRIVILEGED TO BE ALLOWED TO SHARE THE WORK OF THE BAUER'S WHO HAVE PLANTED THOUSANDS OF BULBS OVER THE YEARS. IT IS TRULY MAGNIFICENT AND IS ONLY OPEN FOR TWO OR THREE WEEKS EACH YEAR. A QUIET AFTERNOON STROLLING OR SITTING IN THIS GRADEN IS THE PERFECT WAY TO RENEW YOUR SPIRIT, SPEND SOME QUIET TIME IN THE BEGINING OF SPRING OR JUST TAKE IN THE UNBELIEVABLE BEAUTY OF THIS VERY SPECIAL PLACE. WE HOPE TO SEE YOU "ON THE MOUNTAIN". CALL ME FOR DIRECTIONS OR ANY LOCAL INFORMATION YOU MAY NEED!
I read an article today indicating that only 1% (approx) of homes are currently in foreclosure. This also is 1% of homes with mortgages ... so we have a whole segment of homes owned free and clear not included in these numbers. To listen to the press, read a newspaper or check internet headlines,the housing market is crashing and burning. While it is true that business is not coming as easily as it did two years ago, and prices have declined, it is still all about a willing buyer and a willing seller. The baby boomers still have a pent up supply of cash --- can't we provide them with enough professional guidance and information to make a sound investment? I had dinner last night with an agent who said she was going to have her best year ever. She perceives a great market..... and thanks to her, I do too!
We have heard alot of commentary concerning some of the major financial institutions changing policies with respect to Home Equity Lines of Credit. An article in Broker Agent News indicates that there is a trend of freezing these lines of credit as a result of the declining market. It is my impression from the article that this is happening only in instances where the Loan To Value Ratio is so high that the Heloc is no longer a sound lendng decision due to the current market value of the property. What are you hearing on this in your market areas? Any real life examples?
An article from the California Association of REALTORS (R) :
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President signs economic stimulus bill, which includes raising conforming loan limits
President Bush today signed off on the $168 billion stimulus packaged approved by Congress last week, which, in addition to tax rebates for millions of working Americans and business owners, includes a vital, but temporary increase in the conforming loan limit. The economic stimulus package will allow the Federal Housing Administration, as well as Fannie Mae and Freddie Mac to offer mortgages above the current conforming loan limit of $417,000 to as much as $729,750 in high-cost areas for loans originated between July 1, 2007 and Dec. 31, 2008.
Raising the conforming loan limits to more accurately reflect the cost of housing in California and other high-costs areas of the nation has long been a top C.A.R. objective. Currently, Californians are forced into more expensive non-conforming jumbo loans, decreasing homeownership opportunities for many and forcing others into more costly - and often riskier - loan products.
"The actions of Congress and our president represent a significant victory for homeowners across the state and nationwide," said C.A.R. President William E. Brown. "C.A.R. has long fought for increases to the conforming loan limit in order to close the gap for would-be home buyers in high-cost areas, such as California, and, with the spotlight now fully shining on this important issue, will continue those efforts and push for permanent changes beyond Dec. 31."
The increases call for raising the conforming loan limits to 125 percent of an area's median home price capped at $729,750. U.S. Housing and Urban Development Secretary Alphonso Jackson will have up to 30 days to determine exactly what the loan limits for high-cost areas will be and, once those amounts have been made public, C.A.R. members will be notified.
The stimulus package also will deliver tax rebates of $600 to $1,200 to taxpayers, and $300 checks to disabled veterans, the elderly, and other low-income people.
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Four Seasons, Blue Sky and all the best of Mountain Living. Call if Buying or Selling! Specializing in Lake Arrowhead in the San Bernardino Mountains - The "Swiss Alps" of Southern California. For more property information, click http://www.cynthiacarley.com/ Interest rates are some of the lowest ever; Selection in terms of number of homes on the market is better than it has been in a very long tme; and prices are down. What better time to buy your resort home and start making wonderful memories with family and friends in the beautiful communty of Lake Arrowhead, California.
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Cynthia Carley
Lake Arrowhead,
CA
More about me…
Coldwell Banker Sky Ridge Realty
Office Phone: (909) 336-7922
Cell Phone: (909) 730-1745
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