ca: New To Temecula and No Place to Stay - 08/10/11 02:17 PM
Temecula, California is a unique community with many different facets to it. There is of course, wine country. Our 'Old Town District' is a fun and happening place. The area boasts of many great independenly owned restaurants and bistros.
Many people choose to relocate to the South West Riverside County region … (2 comments)
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ca: Prop 13 vs. Split-Roll Property Taxes - 01/24/10 09:18 AM
A Strong Movement in Sacramento is Pushing to Remove the Protection of Prop 13 from Commercial and Industrial Properties.
California Voters amended the state constitution when Prop 13 was passed with an overwhelming consensus that our property tax system was broke and needed fixing.
Opponents to the landmark legislation have continued … (0 comments)
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ca: Time to Sell - Time to Pick the RIGHT REALTOR®: Interview Questions, part 1 - 01/18/10 01:06 AM
If you have a home to sell in the Hemet - San Jacinto CA Valley, you have a 1 in 350 shot of picking the right one for you. There are many good agents in the Hemet San Jacinto Valley that can do the job the right away and there are … (8 comments)
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ca: As the Market Changes - More Rehab Homes for First Time Homebuyers - 01/17/10 03:22 PM
With the recent change in HUD policy allowing investors to purchase homes and flip them right away and not forcing them to hold title before they can be sold with FHA financing will definitely help the flipper but drive the first time home buyer away from the distressed homes for sale … (4 comments)
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ca: California Prop 8 - The Reason for the Reduction - 01/17/10 02:27 PM
California Voters started a Tax Revolt in 1978 with the passage of both Prop 13 and Prop 8. Now the glory has always gone to Prop 13 as that is the voter mandated constitutional amendment that directed the County Assessors to roll back assessed value and to limit the way property … (0 comments)
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ca: What Can You Buy for a Million Bucks? - 01/17/10 11:55 AM
I have said for a long time that the Hemet - San Jacinto CA real estate market is one of the most affordable in the country and that a buyer with $200,000 could buy just about anything we have listed in our local MLS.So I got to thinking, what could a … (9 comments)
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ca: Real Estate Investor Breaks Down the New FHA 90 Day Rule - 01/16/10 01:09 PM
As a Hemet - San Jacinto, CA real estate expert I find myself gathering knowledge from many sources - both traditional and non-traditional. I think they call this the school of hard knocks.
Well, one of my activities is to keep up with real estate investors through their blogs and web sites. … (6 comments)
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ca: FHA Grants Real Estate Flippers The Green L>ight - 01/16/10 12:59 PM
On January 15, 2010 the FHA granted a waiver to real estate flippers allowing them to take possession of a property and resell it immediately and not have to season the ownership for 90 days before selling with an FHA Loan. The press release by HUD is titled:
HUD TAKES ACTION … (5 comments)
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ca: PET PEEVE: Out of Area Agents with Out of Area Lock Boxes - 01/11/10 07:44 AM
In the Hemet - San Jacinto, CA Valley we have been hit hard, as a community, with more than our fair share of foreclosures and bank owned (REO) homes for sale in our little neck of the woods known as the Inland Empire, CA.As a small board, the Hemet San Jacinto Association … (18 comments)
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ca: California Prop 13 - A Look Back. . . Before Prop 13, After Prop 13 and Today - 01/10/10 10:56 AM
Recently I have written several blog articles on the impact of Proposition 13 that was passed by California voters back in 1978.I have written about the origins of the voter mandated reduction of real estate assessed value and a couple of articles on how Californians are able to reduce assessed values … (0 comments)
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ca: California Prop 13 is Under Attack - 01/10/10 01:31 AM
On June 6th, 1978, nearly two-thirds of California's voters passed Proposition 13, reducing property taxes by about 57%.This was revolutionary in the way property tax has been assessed in this country. No longer would California property taxes be subject to an assessment based on market value but now all California property … (9 comments)
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ca: $200,000,000 For California Home Buyers! What the...? - 01/08/10 12:27 PM
Governor Schwarzenegger delivered his last State of the State address to a joint session of the California State Legislature, Wednesday January 7, 2010, and took the time to propose some pretty controversial ideas for stabilizing the economy in the Golden State.Of particular interest to the Real Estate Industry is his proposal … (10 comments)
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ca: Fannie Mae Short Sales: Why Does the Good Always Come with the Bad? - 01/08/10 10:06 AM
Short Sales in the Hemet - San Jacinto CA Valley have never been easy - no matter what another agent may tell you. The problem is not universal to our local market - but across the land as well.Here is a post form an accomplished Short Sale Agent in San … (4 comments)
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ca: 2010 Has Cha-Cha-Cha-Changes in the Real Estate Industry - 01/04/10 01:35 PM
2010 is going to be a year like no other. I believe it is naive to think that 'business as usual' will be taking place when we return to work on Monday morning and expect it to be the same throughout the coming year.Yes, it may not seem very obvious at … (6 comments)
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ca: FHA Section 245(a) - A Hidden Niche? - 01/04/10 02:05 AM
Now I am a REALTOR and do not pretend to be an expert on the loan side of the real estate industry. I often rely on the SEARCH feature of ActiveRain to find details on topics I want to research. Well, today I drew a near blank.You see, I was spending … (7 comments)
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ca: CA Property Taxes May Fall Next Year - 01/04/10 02:03 AM
California Property Taxes are such a unique animal to the world of property tax and we have Prop 13 to pass for this - legislation that was passed back in the 1970's.Under the law, the MOST the assessed value can increase is 2% per year, based on inflation...but guess what, … (2 comments)
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ca: Power to the People: RESPA Rules Change on January 1, 2010 - 01/01/10 02:57 PM
The Dawn of a New Decade brings the Dawn of Consumer Rights When Shopping for a MortgageJanuary First is typically a day when many new laws across the land become effective...and this year is no different. The Department of Housing & Urban Development made one very important change to the Real … (80 comments)
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ca: San Jacinto,CA Market Analysis – Distressed Listings - 2007 - 2009 - 12/28/09 12:54 PM
The San Jacinto Real Estate Marketplace has been dominated with Distressed Properties. Unfortunately, the data is not very accurate, because until recently many Short Sales were not reported in a search-able field in the MLS as a Short Sale.By looking at this data you can see that this market peaked in … (3 comments)
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ca: Where Have All the REO Listings Gone - 12/28/09 09:20 AM
Winding doen 2009 and looking forward to the future you have to know where you have been if you want to know where you are going.Planning my marketing and business plan for 2010, as an REO Listing Agent, I have taken the opportunity to examine how many REO Listings we (as … (8 comments)
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ca: How Do I Find the Right Hemet - San Jacinto Agent for Me? - 12/28/09 12:56 AM
A universal question that homeowners everywhere, including the Hemet - San Jacinto Valley, CA, must ask themselves as they prepare to either buy or sell a home - a decision that will have an impact on their lives for years to come.
I strongly believe that "All Real Estate is Local … (2 comments)
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