Numerous Home Buyers Will Lose Out on Tax Credit - 06/30/10 01:19 AM
Numerous Home Buyers Will Lose Out on Tax Credit
According to the National Association of Realtors, there are scores of people that may lose out on claiming the federal home buyer tax credit if their homes do not close TODAY--June 30, 2010.
NAR estimates as many as 180,000 home buyers who were under contract by April 30 may miss the June 30 closing deadline.
The following is a list of states, ranked by volume of sales under contract by April 30 that may miss the closing deadline to receive the tax credit:
State          # sales that may miss closing deadline California       17,700 Texas             … (5 comments)

Patterns Among Strategic Defaulters - 06/29/10 11:34 AM
Patterns Among Strategic Defaulters
Anyone who has not heard the phrase "strategic default" probably is not paying much attention to Real Estate and Lending. However, this is a hot topic, to say the least. As I read an article related to the peak in strategic defaults http://www.dsnews.com/articles/phenomenon-of-strategic-defaults-may-have-peaked-experian-2010-06-28 what caught my attention was the patterns noted among strategic defaulters. These are the types of patterns that servicers will be apt to keep an eye out for in determining if a borrower is truly a "hardship case" or a "strategic default."

The patterns noted were:
1. those who miss six straight mortgage … (1 comments)

Standard Sale in Hacienda Heights $549,000 - 06/28/10 03:40 PM
 
Keisha Hosea is a local Market Expert and Realtor in Chino Hills, California with Keller Williams Realty, She is the Team Director and CEO of KASI Homes. Keisha Hosea and the KASI Homes team offer help to home buyers and home sellers throughout the Inland Empire. She has been a local resident of Chino Hills and the Inland Empire for over 25 years and enjoys volunteering with the City of Chino Hills in her spare time. For more information on foreclosure, short sales and real estate you may call her direct at (909) 261-6377. Visit the website at http://KASIHomes.com                                                                                                                                                                                                                                       
… (2 comments)

A Little Saturday Food For Thought - 06/26/10 11:10 PM
"The only job where you start at the top, is digging ahole."-- Anonymous
 

This little bit of "food for thought" helped me get through a moment of a "pity party." Hope it helps someone else that might need it.
Keisha Hosea is a local Market Expert and Realtor in Chino Hills, California with Keller Williams Realty, She is the Team Director and CEO of KASI Homes. Keisha Hosea and the KASI Homes team offer help to home buyers and home sellers throughout the Inland Empire. She has been a local resident of Chino Hills and the Inland Empire for … (10 comments)

Pomona (91768 Zip Code) Single Family Home Sales May 2010 - 06/26/10 02:43 PM
Pomona (91768 Zip Code) Single Family Home Sales May 2010
The months of supply of homes for sale in this area of Pomona is extremely low for single family homes. From May 2009 to May 2010 the supply of homes for sale is down 22% with only a 2.9 month supply.





 

There were 81 homes for sale in May 2010 in the 91768 zip code, whereas last May there were 139 homes available for sale. The number of homes for sale is down 42% since last May. The number of sold homes remained … (0 comments)

Long Beach Open House Sunday, June 27th 1-4 p.m. - 06/26/10 12:05 AM
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Questionable Marketing Almost Always Guarantees Questionable Results - 06/25/10 10:21 PM
                                       Questionable Marketing Almost Always Guarantees Questionable Results
                                                
We've heard the old adage about selling a home...put a sign in the yard, place it in the MLS and Pray! Truthfully, this is going on but it is probably due to not knowing any better. One thing my grandmother always said was, "When you know better, you do better!" One very crucial element of marketing a home for a successful sale is to figure out who the most likely buyer is. While out on an appointment today to evaluate a property, this lesson hit home.
This home was in a … (3 comments)

Temple City Home For Sale..A Regular Sale....Offered at $640,000 - 06/23/10 08:21 PM

                                                                                                                                                                                                                                                    This 1981 home had a major renovation in 1997 and homeowner kept it in good condition since then. Hardwood flooring throughout starting at Entry and continues to all bedrooms. Living Room is separate from the other rooms with a cozy fireplace. Big Kitchen is next to Formal Dining and Nook Area and connects to Family Rm. Granite tile flooring in Kitchen, Nook Area and Family Rm is just right for this busy area. Kitchen cabinet has granite countertop. A high performance range hood has two quiet exhaust fans. Crown molding installed all over LvRm, Kitchen, DngRm and MasterBdrm. … (1 comments)

Chino Hills Home Sales May 2010 - 06/23/10 07:09 PM
Chino Hills Home Sales May 2010 The months of supply of homes for sale is extremely low for single family homes in Chino Hills. From May 2009 to May 2010 the supply of homes for sale is down 18%.  There is approximately  an 3.5 month supply of homes. 

 


The supply and demand for single family homes  shows us that the supply is down 11% since this time last year, while the demand for single family homes for sale is up 31%. With a diminished supply of homes in Chino Hills, the market is moving quickly. Well priced … (0 comments)

Selling Your Home: It Really Boils Down To Supply and Demand. Do You Have An In Demand Product or is the Market Over-Saturated? - 06/21/10 06:33 PM
Selling Your Home: It Really Boils Down To Supply and Demand. Do You Have An In Demand Product or is the Market Over-Saturated?
Selling your home really boils down to supply and demand as the first element. Do you have an In demand product or is the market over-saturated? The typical home seller has an amount in their head that they believe their home is worth. This is all too common. There are generally improvements that a home seller has made over time that are considered of value and then there are the emotional ties.One of the biggest driving forces that … (0 comments)

Moreno Valley Short Sale--Don't Miss It! $199,500 - 06/19/10 06:26 PM
 
Description                                                                                                                                                                                                                                                   Lovely home at the edge of Moreno Valley and Riverside. This area is nestled close to the foothills of the 91/215 fwys. This track of homes was all semi custom built. The home sits on a huge corner lot w approx. 9148 sq. of space. Ready for a pool, and with plenty of room for kids to play.As you enter the leaded glass door the home boasts a graceful elegance, with wood flooring in the lower area and stairs and upper area landing. All bedrooms are carpeted. Decorator colors accent the exterior and interior of the home. The … (1 comments)

Diamond Home Sales May 2010 - 06/19/10 02:57 AM
Diamond Bar Home Sales May 2010 The months of supply of homes for sale is extremely low for single family homes in Diamond Bar. From May 2009 to May 2010 the supply of homes for sale has more than doubled. There is approximately  an 8.1 month supply of homes. 



The supply and demand for single family homes  shows us that the supply is down 24% since this time last year, the demand for single family homes for sale is down 3%. With a diminished supply of homes in Diamond Bar, the market is moving quickly. Well priced homes … (2 comments)

Selling Your Home: Pink Fishnet Stockings May Not Be Your Style But You Better Stand Out! - 06/17/10 08:55 AM
Selling Your Home: Pink Fishnet Stockings May Not Be Your Style But You Better Stand Out!Take a good, long look. Even though pink fishnets may not be yourstyle, you better find a way to stand out. Standing out in a positiveway will not only help sell your home, it will help you get topdollar.
While at a local amusement park recently, I spotted this young lady.My first thought was, "Did her mother see her leave the house in pinkfishnet stockings and shorts?" There were hundreds, if not thousands of peopleat this amusement park. Yet, I noticed her repeatedly throughout myfull eight hour plus day.  Why? Because … (2 comments)

Corona Open House Sun, June 13th 1-4 p.m. - 06/08/10 12:08 PM
CHECK OUT THE FULL VIRTUAL TOUR AT http://2964Pembroke.info … (0 comments)

Asking the ActiveRain Community for Help in Finding Our Missing 16 Year Old Daughter - Washington, Idaho, Montana, Oregon, California or ? - 06/07/10 11:28 PM

Via Missoula Real Estate By Monica Ray (Access Realty):
Asking the ActiveRain Community for Help in Finding Our Missing 16 Year Old Daughter
Many of you who follow me or Kevin on our other social networks already know that our daughter has been missing from the Superior Montana area since 5/30/10.
She is with 2 older males, both of which have outstanding felony warrants.
She was last seen in Washington State in the Seattle/Kirkland area and in Sedro-Woolley, WA. She could still be in the Washington area or may also be in Idaho, Montana, or possibly even Oregon or California.
We are … (4 comments)

Now That's A HUGE Bank Owned Sale! - 06/07/10 11:02 PM
Largest Retail REO Property in Southern California Closes Escrow For $94.5 Million  

 
Holliday Fenoglio Fowler, L.P. closed escrow on the sale of The Shoppes at Chino Hills on May 28th. This is  a 388,000-square-foot, trophy lifestyle center located in Chino Hills, California.
A private Southern California-based investment group purchased the property on a free and clear basis for $94.5 million. The Shoppes at Chino Hills is part of a larger master-planned project that includes the Chino Hills Civic Center, Chino Hills City Hall, Chino Hills Police Station and the public library. It is anchored by XXI Forever, H&M, … (3 comments)

FREE Chino Hills Youth Job Fair--Saturday, June 18th 10 a.m.- 2 p.m. - 06/07/10 10:41 PM
Chino Hills Youth Job Fair--Friday, June 18th 10 a.m.- 2 p.m.
Sponsored by San Bernardino County and its Workforce Investment Board at The Shoppes at Chino Hills, 13920 City Center Drive, Chino Hills, CA.
Ages 16 to 24 years old
Free to attendees and would-be employers.
 

 
Keisha Hosea is a local Market Expert and Realtor in Chino Hills, California with Keller Williams Realty, She is the Team Director and CEO of KASI Homes. She has been a local resident of Chino Hills and the Inland Empire for over 25 years and enjoys volunteering with the City of Chino … (0 comments)

It's About Time We Found A Way to Prevent Avoidable Foreclosures. Would You Agree? - 06/07/10 07:26 PM
New California Legislation Seeks To Help Prevent Avoidable Foreclosure Measures to create a system to prevent avoidable foreclosures are being put forth in the California State Senate. Senate Bill (SB) 1275 requires mortgage Servicers to to the following:
1. Notify borrowers of a right to seek options that would avoid foreclosure
2. Attach an application for a loan modification or other alternatives before issuing a notice of default (NOD)
3. Before filing an NOD, Servicers must evaluate a borrower who submits a written request for a loan modification
4. If a borrower is denied a loan modification then a separate letter … (2 comments)

RANCHO CUCAMONGA BANK OWNED HOME --$272,900 - 06/06/10 03:38 PM
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Moreno Valley Short Sale--Ready To Go! - 06/05/10 12:39 PM
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Fannie Mae and Freddie Mac HAFA Plans: Are They The Answer We've Been Waiting For? - 06/04/10 08:16 PM
Fannie Mae and Freddie Mac HAFA Plans: Are They The Answer We've Been Waiting For? I'll keep it no secret that I have not been exactly bowled over with the GSE HAFA program thus far. While admittedly I once thought it would finally create a smoother ride for getting short sales closed, I am still waiting...and waiting....AND WAITING!

So now it appears that Fannie Mae announced its own foreclosure prevention plan under Making Home Affordable Foreclosure Alternatives (HAFA)  http://www.housingwire.com/2010/06/01/fannie-mae-announces-its-own-foreclosure-prevention-plan-under-hafa along with the Freddie Mac HAFA Initiative http://www.housingwire.com/2010/06/02/freddie-mac-details-hafa-initiative-for-distressed-homeowners
So if we are all lucky, the Fannie Mae  and Freddie Mac HAFA … (0 comments)

Pomona (91766 Zip Code) Single Family Home Sales May 2010 - 06/02/10 09:18 PM
Pomona (91766 Zip Code) Single Family Home Sales May 2010
$150,00-$200,000 Price Range
The months of supply of homes for sale in this area of Pomona and in the $150,000- $200,000 price range is extremely low for single family homes. From May 2009 to May 2010 the supply of homes for sale is down 58%.





 

There were only 28 homes for sale in May 2010 in this price range, whereas last May there were 67 homes available for sale. Get the picture on where we are at with home inventory?  The supply and … (2 comments)

Is Location Really The First Lesson In Home Buying? - 06/01/10 11:45 AM
Is Location Really The First Lesson In Home Buying?  We have all probably heard it a time or two before. The realization of how much location can mean in the end usually sets in when the time comes to sell the property. Oft times home buyers fall in love with a home and the sale happens. However, when it is time to sell the home, a harsh reality check on location can make a big difference in the value placed on a home. We can examine this by a quick look at homes that sold within the same three month time … (2 comments)