Yorba Linda Realtor & Yorba Linda Homes

Yorba Linda Homes Total City Market Update March 5, 2013

Nic Petrossi, NIC PETROSSI (TNG Real Estate Consultants) — Tue, 05 Mar 2013 16:22:38 -0800

Yorba Linda homes search as of March 5, 2013:

84 ACTIVE listings and 152 homes in ESCROW ... that is jaw-dropping.

That is a 64% ratio of homes in ESCROW to TOTAL homes on the market.

I tracked these numbers back in 2005/2006. Guess what the ratio was back then for Yorba Linda?

20% The ratio today is TRIPLE what it was back in a slow market in 2006.

Are homes selling right now? You better believe it. Homes are selling fast and often, for more than asking price. The casual newspaper or online news reader is usually a little behind the times, but when I talk to people at grocery stores, Starbucks, car washes, they all know that the market is good for selling.

So why such low inventory? Why aren't people taking advantage of a time in which there just aren't that many good homes out there for buyers to buy?

Obvious reasons include needing to wait until closer to summer to keep kids' school schedules from interruption; others cite getting the home ready, need to re-do the carpet, need to re-do the windows, the kitchen, etc.

The reality is: price your home anywhere near fair market value and your home will sell regardless of whether there are some things that need to be done. Especially in a city like Yorba Linda.

Nic Petrossi Realtor Reviews for Placentia Yorba Linda Real Estate

Nic Petrossi, NIC PETROSSI (TNG Real Estate Consultants) — Thu, 06 Dec 2012 08:32:48 -0800

Selecting the right Realtor to work with is very important. It is important to use someone who knows your particular market well, understands the comps and target market, utilizes current marketing technologies, and knows how to really market a property. My wife and I interviewed four of the top Realtors in our market, and chose Nick Petrossi. And

are we glad we did!

Nic surpassed our expectations at every step in the process. We discussed our pricing strategy, marketing approach, and desired timeframe. And Nic already knew buyers that might be interested in our home, so we were not starting from scratch. We staged the home, and Nic scheduled a professional photographer to shoot the home. Nic’s photographer was fantastic. Nic and the photographer really knew how to capture the feel of our home. Nic worked with the photographer to design a website and flier for our home, and the work was outstanding. Nic was always present when the home was shown, and treated us and our home with respect. Nic communicated with us constantly throughout the entire process, so we always were aware of what was going on.

Bottom line, we signed the listing agreement with Nic on a Thursday evening, staged the home Friday, had the photo shoot Saturday, had a very successful open house on Sunday, and had multiple offers (several over asking), by midnight Wednesday. We closed escrow less than 30 days later. It was amazing! We would highly recommend Nic Petrossi.

Rob and Jill Lentz

Champions Park Sports Complex

Nic Petrossi, NIC PETROSSI (TNG Real Estate Consultants) — Mon, 01 Oct 2012 12:43:05 -0700

868 CAREW DRIVE is located in Champions Park Sports Complex

Click on Photo Below for More Photos

This Property is for sale with Nic Petrossi from TNG Real Estate Consultants.

Call Nic on his cell at (714) 272-3646 or email npetrossi@yahoo.com

NIC PETROSSI Champions Park Homes 868 Carew Drive in Park Placentia

Nic Petrossi, NIC PETROSSI (TNG Real Estate Consultants) — Mon, 01 Oct 2012 12:29:45 -0700

868 CAREW DRIVE in PARK PLACENTIA near CHAMPIONS PARK

Click this photo to see more photos

TURNKEY & UPGRADED PARK PLACENTIA EXECUTIVE HOME IN CHAMPIONS PARK AREA *** STANDARD SALE *** 4 BEDROOMS + BONUS ROOM / POSS. 5TH BEDROOM *** 2666 SQUARE FEET *** DOWNSTAIRS BEDROOM & BATH *** 3 CAR GARAGE W/ EPOXY FLOORING & GREAT STORAGE *** PLANTATION SHUTTERS THROUGHOUT *** TUMBLED TRAVERTINE FLOORING *** PRIVATE TROPICAL LANDSCAPED BACKYARD W/ STAMPED CONCRETE, ELEGANT FIREPLACE, STACKED STONE JACUZZI, BUILT-IN BBQ AND NO NEIGHBOR BEHIND *** UPGRADED KITCHEN W/ STAINLESS STEEL APPLIANCES, DOUBLE OVEN, AND PROFESSIONAL GRADE SINK *** WHOLE HOUSE VACUUM *** INDOOR LAUNDRY *** 4 FIREPLACES *** CUL-DE-SAC LOCATION *** WALKING DISTANCE TO CHAMPIONS PARK *** AWESOME PRICE, YOU WILL LOVE THIS HOME!!!

Proudly Asking: $658,888

placentia realtor homes

What I've Learned from Placentia and Yorba Linda Open Houses

Nic Petrossi, NIC PETROSSI (TNG Real Estate Consultants) — Fri, 31 Aug 2012 16:15:28 -0700

Well, let me start off by saying that I'd rather be out meeting people than couped up in an office all day typing at a computer (wait, I'm couped up typing right now : 0 ) But, what I mean is, when given the chance, I'd rather be out talking to people in person about real estate.

The Primary Purpose of an Open House is to showcase the listing, to allow prospective buyers to see the home "in person," in short - to sell the home.

However, there are some ancillary results from holding a home open, including the opportunity to meet local buyers, neighbors, and to provide a setting for discussion on the market. These conversations have been as short as a handshake and "hello" to over one hour of talking about the market, inventory, schools, restaurants, and other real estate related topics.

Granted, open houses can be VERY boring - if no one shows up, or if only a few parties show up. But they are an excellent way of interacting with people and there is always that chance that someone knows someone who is looking for a home JUST LIKE THIS.

Proper Open House etiquette

Greet visitors as they arrive.

I try to do this every time. Usually at the front door, but there are times when I'm showing around the home and I'll have to say hello in the kitchen, living room, backyard. It's important for people to feel that they are welcome and whether it is ok to take off shoes or leave them on. I always give the opportunity right from the initial contact for people to ask questions about the property, size, square footage, bedrooms, price. But most people just want a flyer right away and then to be left alone to "do their thing."

Give visitors their space.

People don't want a Realtor following 2 feet behind them while they walk around a house. If the home is empty and vacant, I tell people to go wherever they want to go and that I'm here for them if they have any questions. If the home is occupied and there are valuables and personal items (e.g. upstairs in the master bedroom) and I don't feel right about someone who walks in, I will follow them upstairs...but at a distance, maybe standing in the hallway where I can see them in the bedrooms to make sure that nothing leaves with them. No one likes to be hounded. No one likes to be aggressively sold. It's best to let people come to you in their own way and in their own time.

Know the house and know the inventory.

It is extremely important to know all the pertinent facts about the house beyond the obvious specs of bedrooms, bathrooms, square footage, and price. People will ask when the home was built, who the builder was, what schools are nearby, how safe is the neighborhood, is there an HOA, is there Mello Roos, do I know if any problems or defects with the house, age of the roof, age of the air conditioning unit, etc. It is vital to study the product and to anticipate visitors' questions. Knowing the inventory is key in order to justify the asking price to potential bidders. It's a good idea to always bring a sheet of the other homes in the area that are for sale so the price per square feet can be compared.

Home Prices in Yorba Linda Going Up? June 21, 2012

Nic Petrossi, NIC PETROSSI (TNG Real Estate Consultants) — Thu, 21 Jun 2012 16:42:04 -0700

5650 Via Ceresa, Horse Property in West Yorba Linda 92886 listed with Nic Petrossi. This home was sold in 1 week with over 100 parties coming through Open House in one weekend. The key? Online presence, tons of open house signs, and a market ripe with buyers. Click on photo above to see more photos of Via Ceresa.

You've been reading in the newspapers and watching the news. You know that home values are going to drop forever...right???

Wrong.

Home values will, eventually, go up. What goes down...must come ____

For West Yorba Linda Homes (92886), here are the numbers:

ACTIVE HOMES on the market: 115 homes

HOMES IN ESCROW: 122 homes

Percentage of total homes on market vs. homes in escrow: 52%

Analysis: WOW....that means 52% of ALL single family homes in West Yorba Linda are under contract, OVER HALF!

I remember running these same numbers back in 2007. The percentage was more like 20% if it was a good day. Homes are selling in West Yorba Linda. Why? Because there are buyers out there BUYING. Believe it or not, Realtors in Yorba Linda are reporting multiple offers on properties and, often, the home selling for ABOVE list price.

That means......we are in a SELLER'S MARKET. We haven't seen a seller's market in West Yorba Linda since 2006! Couple that with low interest rates, and then couple that again with less short sales than we have seen in years....the future doesn't look all that bad.

So, stop listening to the negativity, stop listening to people who say we're prime for a "double dip" recession or a repeat stock market crash of 2008. As far as homes in Yorba Linda 92886 go, the future looks bright.

Yorba Linda Homes Update October 2011

Nic Petrossi, NIC PETROSSI (TNG Real Estate Consultants) — Thu, 29 Sep 2011 23:34:16 -0700

Here is the bird's-eye breakdown of the homes for sale in Yorba Linda by price range: All Data is from the CRMLS Carets system. Breakdown includes short sales and foreclosures. You can search for homes on the MLS here ---> WEBSITE.

$100K - $200K

There are currently 18 homes for sale in the lowest price range. Of these, 14 are short sales and 2 are foreclosures (also known as REO's). No big surprise here. Most of these are 2 Bed condos around 1,000sf in size. That leaves 2 properties in this price range as standard/regular sales.

INVENTORY = LOW.

$200K - $300K

There are currently 39 homes for sale in this price range. Most are condos. There are actually quite a few 3 bedroom properties in this price range. 27 of these are short sales and 6 of these are foreclosures (REOs). Again, no big surprise since the lower end properties today are mostly either short sales or foreclosures. That leaves a whopping 6 homes that are standard / regular sales.

INVENTORY = HIGH

$300K - $400K

There are currently 14 homes in this price range with only 4 being short sales and 0 foreclosures. This is a good sign for this price range and shows that Yorba Linda is a strong city in terms of having a healthy percentage of regular sales. The more short sales, and the more foreclosures the sharper the decline in prices. There are several 4 bedroom properties in this price range.

INVENTORY = LOW

$400K - $500K

Now the number of properties jumps up HUGE. 43 homes for sale in this price range. 18 of these homes are short sales and only 4 are foreclosures. VERY different from the $200K to $300K range where approx. 80% of the properties are either short sale or REO. A much healthier dose of standard sales here. Interestingly, the number of homes jumps up sharply after only 14 homes in the red hot $300,000 to $400,000 range. Of course we know that the less homes available, the greater the demand for that price range and the more homes for sale, the less of a demand for those homes.

INVENTORY = HIGH

$500K - $600K

56 homes for sale. 19 are short sales and 2 are REO. This is an even healthier ratio than the 400 to 500 range. That means that only 21 of 56 properties listed are distressed properties.

Nic Petrossi, Realtor 714-272-3646 Npetrossi@yahoo.com

Rosecrest Placentia Market Update

Nic Petrossi, NIC PETROSSI (TNG Real Estate Consultants) — Wed, 03 Aug 2011 14:03:47 -0700

RES

MLS #

Status

Type

A/D

Address

City

Area

Zip

TGNO

Trct/M

B t/f

Sty

Gar

SqFt

Yr Blt

Price

DOM

P772163

SFR

316 Rodarte Pl

PLA

92870

739H6

OTHR/5

3/2

3 A

2,600

2004

$625,000

153

P773799

SFR

414 Oberle Pl

PLA

92870

739H6

OTHR/a

3/3

2,600

2004

$649,900

143

Nic Petrossi: Your Alta Vista South Expert!

Nic Petrossi, NIC PETROSSI (TNG Real Estate Consultants) — Wed, 03 Aug 2011 13:51:59 -0700

RES	MLS #	Status	P	V	H	T	Q	Type	A/D	Address	City	Area	Zip	TGNO	Trct/M	Bd	B t/f	Sty	Gar	SqFt	Yr Blt	Price	DOM
1	MRM-A11058624	A	1		H	T	Q	SFR	D	517 N LOWE Dr	PLA	84	92870		Placen/	4	3/3	2	3		2003	$450,000	90
2	P776475	A	12		H	T	Q	SFR	D	317 N Thomann Dr	PLA	84	92870	739H7	OTHR/0	3	3/2	2	2	2,000	2001	$559,000	120
3	MRM-W11100786	A	0		H	T	Q	SFR	D	927 BAY HILL PL	PLA	84	92870		HQT (H/	4	3/1	2	3		2000	$589,000	2	v
4	MRM-T11058061	A	7		H	T	Q	SFR	A	1002 KEMP Dr	PLA	84	92870		HQT (H/	4	3/2	2	3 A	2,541	2001	$649,900	87
5	P787793	A	29		H	T	Q	SFR	D	402 Augusta Ln	PLA	84	92870	739G7	OTHR/0	5	3/2	2	2	3,000	1999	$649,900	25
6	P776160	A	14		H	T	Q	SFR	D	1134 Melia Pl	PLA	84	92870	739H7	OTHR/3	4	3/2	2	3	3,100	2001	$650,000	121	*
7	S640871	A	27		H	T	Q	SFR	D	569 N Hunt Cir	PLA	84	92870	739h6	OTHR/0	5	3/2	2	3	3,200	2003	$699,900	240	*
8	P789952	A	23		H	T	Q	SFR	D	1183 Melia Pl	PLA	84	92870	739H6	HIPT/0	4	4/4	2	2 A	3,079	2001	$739,500	12
9	P777144	B	26		H	T	Q	SFR	D	913 Pebble Beach Pl	PLA	84	92870	739G6	OTHR/0	3	3/1	2	3 A	2,300	1999	$649,900	114	*
10	P785638	B	10		H	T	Q	SFR	D	1129 Melia Pl	PLA	84	92870	739H7	HQT/0	4	3/3	2	3 A	3,100	2002	$719,900	48
11	P784938	B	30		H	T	Q	SFR	D	525 Dickinson Cir	PLA	84	92870	739G6	BELM/3	3	4/3	2	3 A	3,000	2003	$738,000	54
12	S659555	B	2		H	T	Q	SFR	D	1172 Underhill Dr	PLA	84	92870	739H6	OTHR/1	4	3/3	2	3	3,100	2003	$750,000	83	v
13	P789799	B	5		H	T	Q	SFR	D	1106 Soto Pl	PLA	84	92870	739H7	ALPL/0	5	5/5	2	2	3,900	2002	$848,000	13
14	P784161	P	30	V	H	T	Q	SFR	D	542 Firestone Ln	PLA	84	92870	739G6	HQT/E	4	3/2	2	3 A	2,488	1999	$598,000	32	*
15	CLW-10462627	P	1		H	T	Q	SFR	A	1030 UNDERHILL Dr	PLA	84	92870	739H6	/	4	3/		A	2,700	2003	$650,000	77
16	MRM-I11095947	P	1		H	T	Q	SFR	D	518 NEWMAN Cir	PLA	84	92870	739H6	Other /	3	3/3	2	3 A		2003	$679,000	5
17	P775239	P	10		H	T	Q	SFR	D	1188 Melia Pl	PLA	84	92870	739H6	HIPT/3	4	4/4	2	2 A	3,200	2003	$695,000	106	*

Actives in Yorba Linda from $400k-$500k

Nic Petrossi, NIC PETROSSI (TNG Real Estate Consultants) — Tue, 02 Aug 2011 14:39:31 -0700

RES	MLS #	Status	P	V	H	T	Q	Type	A/D	Address	City	Area	Zip	TGNO	Trct/M	Bd	B t/f	Sty	Gar	SqFt	Yr Blt	Price	DOM
1	ITC-12154586	A	14		H	T	Q	SFR		25630 SALERNO Way	YL	85	92887	741F6	/	3	2/2		2 A	1,390	1987	$403,000	13
2	S636644	A	6		H	T	Q	SFR	D	5392 Brookhill Dr	YL	85	92886	740E5	OTHR/x	3	2/2	1	2	1,682	1969	$415,000	287	*
3	S540878	A	20		H	T	Q	SFR	D	4478 Via Del Prado	YL	85	92886	740F3	OTHR/0	3	2/2	1	2	1,540	1971	$424,900	1110	*
4	P775035	A	30		H	T	Q	SFR	D	4542 Via Del Valle	YL	85	92886	740F3	OTHR/2	3	2/2	1	2 A	1,280	1970	$425,000	100	*
5	S620050	A	8		H	T	Q	SFR	D	5870 Via Santana	YL	85	92887	740H5	WRMH/1	2	2/2	1	2 A	1,509	1978	$428,888	422	*
6	S655456	A	4		H	T	Q	SFR	D	25645 Salerno Way	YL	85	92887	741F6	OTHR/4	4	3/2	2	2 A	1,895	1987	$439,000	111	*
7	P775643	A	1	V	H	T	Q	SFR	D	4364 Via De Los Robles	YL	85	92886	740F3	OTHR/A	3	2/0	1	2	1,284	1971	$449,000	125
8	P787927	A	8		H	T	Q	SFR	D	16942 Saga Dr	YL	85	92886	739J4	OTHR/u	4	3/2	1	2 A	2,080	1962	$450,000	27
9	S654191	A	14		H	T	Q	SFR	D	6104 Via Nietos	YL	85	92887	740H6	WRMH/*	2	2/1	1	2 A	1,527	1978	$455,000	119	*
10	P789427	A	14		H	T	Q	SFR	D	4341 Via Alegre	YL	85	92886	740F3	OTHR/0	3	2/1	1	2	1,619	1970	$456,000	0
11	P767425	A	6		H	T	Q	SFR	D	21690 Avenida Granada	YL	85	92887	740J6	OTHR/1	3	2/2	1	2 A	1,994	1981	$469,000	188	*
12	P785070	A	30		H	T	Q	SFR	D	17381 Yorkshire Ave	YL	85	92886	739J5	OTHR/1	3	2/1	1	2 A	1,148	1971	$469,900	52
13	P789513	A	1		H	T	Q	CONDO	A	17262 Coriander Ct	YL	85	92886	739J1	CANT/0	3	3/2	2	2 A	2,210	2003	$470,000	16
14	ITC-22152800	A	10		H	T	Q	CONDO	A	18951 KENTUCKY DOWNS LANE Ln	YL	85	92886	740D2	/	3	3/2	2	2	2,654	2005	$475,000	59	*
15	P787141	A	16		H	T	Q	SFR	D	17385 Ridgedale Ln	YL	85	92886	740A2	OTHR/*	3	3/2	2	2 A	1,714	1985	$485,000	33
16	P775295	A	25		H	T	Q	SFR	D	5025 Lotus Ave	YL	85	92887	741C4	OTHR/1	3	3/2	2	2	1,704	1989	$489,000	134	*
17	P775971	A	9		H	T	Q	SFR	D	5271 Liverpool St	YL	85	92886	740A5	OTHR/A	4	2/2	1	2 D	1,456	1961	$489,000	119
18	P777567	A	21		H	T	Q	SFR	D	4504 Via De La Plz	YL	85	92886	740F3	OTHR/0	5	2/1	1	2 A	1,831	1970	$490,000	111	*
19	P760747	A	17	V	H	T	Q	SFR	D	4464 Via El Molino	YL	85	92886	740F3	OTHR/0	3	2/2	1	2	1,284	1971	$494,000	245	*
20	P788688	A	21		H	T	Q	SFR	D	4730 Via De La Mula	YL	85	92886	740G3	EPH1/A	3	2/2	1	2 A	1,356	1985	$498,000	22
21	P786840	A	26		H	T	Q	SFR	A	3790 Black Forest Ln	YL	85	92886	740G2	CNHM/3	3	2/2	2	2 A	1,652	1984	$499,000	32
22	P791033	A	0		H	T	Q	SFR	D	19812 Majorca Ln	YL	85	92886	740E4	OTHR/0	4	2/2	1	2 A	1,965	1969	$499,000	4
23	S649314	A	15		H	T	Q	SFR	D	4611 Paloma Ln	YL	85	92886	740E3	OTHR/*	4	3/2	2	2 A	2,635	1972	$499,900	158	*
24	R1102176	A	3		H	T	Q	CONDO	A	18942 Northern Dancer Ln	YL	85	92886	740D2	OTHR/2	3	4/3	2	2 A	2,299	2006	$499,900	130
25	P784314	A	30		H	T	Q	CONDO	A	18955 Kentucky Downs Ln	YL	85	82886	740d2	OTHR/0	3	3/2	1	2	1,766	2005	$499,900	56	*
26	P789341	A	8		H	T	Q	SFR	D	18681 Oriente Dr	YL	85	92886	740C3	OTHR/*	4	2/1	1	2	1,695	1964	$499,900	16
27	P780472	A	22		H	T	Q	SFR	D	5132 Woodcrest Dr	YL	85	92886	740A4	SUN1/1	4	2/1	1	2 A	1,617	1972	$499,999	88	*
28	P787532	A	28		H	T	Q	SFR	D	17331 Melbourne Ln	YL	85	92886	739J5	OTHR/1	4	2/2	1	2	1,448	1971	$499,999	31	*
29	P765175	A	15		H	T	Q	SFR	D	5692 Oak Meadow Dr	YL	85	92886	740E5	YRLH/n	3	2/2	1	2	1,400	1972	$500,000	205	v
30	P783145	A	22		H	T	Q	SFR	D	18292 Avolinda Dr	YL	85	92886	740B3	OTHR/0	4	2/1	1	2 A	1,314	1962	$500,000	66	v
31	P772320	A	14		H	T	Q	SFR	D	6121 Via Nietos	YL	85	92887	740H6	OTHR/*	2	2/2	1	2	1,471	1978	$505,000	152	v
32	P788251	A	14		H	T	Q	SFR	D	4561 Camarosa Dr	YL	85	92886	740E3	OTHR/0	3	2/2	1	2	1,718	1971	$514,000	25	*v
33	P783194	A	24		H	T	Q	SFR	D	4265 Carlton Pl	YL	85	92886	739J2	OTHR/*	4	3/1	2	2 A	2,300	1985	$520,000	66	*v
34	S659211	A	24		H	T	Q	SFR	D	17395 Briardale Ln	YL	85	92886	740A2	OTHR/0	3	3/1	2	2	1,666	1987	$549,000	77	*v

Actives in Yorba Linda from $300k-$400k

Nic Petrossi, NIC PETROSSI (TNG Real Estate Consultants) — Tue, 02 Aug 2011 14:35:14 -0700

RES	MLS #	Status	P	V	H	T	Q	Type	A/D	Address	City	Area	Zip	TGNO	Trct/M	Bd	B t/f	Sty	Gar	SqFt	Yr Blt	Price	DOM
1	P790115	A	30		H	T	Q	CONDO	D	6821 Elmhurst Ct 30	YL	85	92886	740F7	WODG/0	4	2/2	2	2	1,280	1973	$300,000	10
2	U11001672	A	20		H	T	Q	CONDO	A	19647 Monteano Ln	YL	85	92886	740E3	YRKT/B	3	3/1	2	2 A	1,432	1977	$315,890	110	*
3	P786266	A	13		H	T	Q	SFR	D	5345 Via Del Jinete	YL	85	92887	740H6	OTHR/0	2	2/2	1	2 A	1,251	1985	$325,000	43
4	P773917	A	1		H	T	Q	SFR	D	21784 Kern St	YL	85	92887	740J5	OTHR/0	3	2/2	1	2	1,123	1981	$329,000	139	*
5	P765571	A	10		H	T	Q	SFR	D	5575 Portage St	YL	85	92887	740J5	OTHR/1	3	2/2	1	2 A	1,440	1983	$330,000	207	*v
6	P768713	A	30		H	T	Q	CONDO	A	5848 Via Romero 44	YL	85	92887	740H6	RNDT/1	3	3/2	2	2 D	1,538	1978	$335,000	178	*
7	P789764	A	15		H	T	Q	SFR	D	4952 Park Pl	YL	85	92886	740B4	OTHR/1	2	1/1	1	0	1,000	1916	$349,500	12
8	P775724	A	29		H	T	Q	SFR	A	6696 Palma Cir	YL	85	92886	740E7	BRIR/4	4	2/2	2	2 A	1,850	1964	$349,900	125	v
9	S652650	A	6		H	T	Q	SFR	A	4791 Benicia Plz	YL	85	92886	740E4	YRKT/0	4	3/1	2	2	1,600	1975	$360,000	132
10	P783511	A	13		H	T	Q	SFR	D	5182 Casa Loma Ave	YL	85	92886	740A4	OTHR/0	4	2/1	1	2 A	1,398	1964	$365,000	32	*
11	P789746	A	7		H	T	Q	SFR	D	17532 Willow Cir	YL	85	92886	740A6	OTHR/1	3	2/2	1	2	1,300	1968	$375,000	14	*
12	P791340	A	1		H	T	Q	SFR	D	17162 Orange Dr	YL	85	92886	739J4	OTHR/.	3	2/2	1	2 D	1,628	1965	$384,460	0
13	P708255	A	7		H	T	Q	SFR	D	5752 Rich Hill Way	YL	85	92886	740A6	OTHR/x	3	2/1	1	2	1,200	1971	$389,900	656	*
14	P782780	A	18		H	T	Q	SFR	D	4941 Rose Dr	YL	85	92886	739H4	YRLH/0	3	2/2	1	2	1,695	1963	$389,900	79	*

Actives in Yorba Linda from $200k-$300k

Nic Petrossi, NIC PETROSSI (TNG Real Estate Consultants) — Tue, 02 Aug 2011 14:30:36 -0700

RES	MLS #	Status	P	V	H	T	Q	Type	A/D	Address	City	Area	Zip	TGNO	Trct/M	Bd	B t/f	Sty	Gar	SqFt	Yr Blt	Price	DOM
1	P756551	A	5		H	T	Q	CONDO	A	4784 LAKEVIEW Ave 58	YL	85	92886	740C4	LVRH/%	1	1/1	1	0	552	1983	$200,000	221
2	S659440	A	21		H	T	Q	CONDO	A	5225 Box Canyon Ct 21G	YL	85	92887	741B4	HILL/0	2	2/1	1	0	1,128	1989	$201,500	85
3	P779552	A	9		H	T	Q	CONDO	A	19122 Parkland St	YL	85	92886	740D6	KELT/0	2	2/1	1	0	921	1982	$213,000	94	*
4	P774126	A	19		H	T	Q	CONDO	A	23564 Cambridge Rd	YL	85	92887	741D6	OTHR/*	2	2/2	1	2 D	1,080	1986	$214,900	138	*
5	P788676	A	9		H	T	Q	SFR	A	5310 Silver Canyon Rd 16a	YL	85	92887	741C5	HILL/0	2	2/1	1	2	1,128	1989	$218,900	21
6	P763734	A	11		H	T	Q	CONDO	A	20344 Cranberry Ln 26	YL	85	92886	740F7	OTHR/0	3	3/1	2	1	1,179	1976	$219,000	224	*
7	P768623	A	8		H	T	Q	CONDO	A	6460 Olive Branch Ln 4	YL	85	92886	740F7	FRHL/0	3	2/1	1	1 A	1,066	1977	$220,000	49
8	P762729	A	22		H	T	Q	CONDO	A	5330 Silver Canyon Rd 14d	YL	85	92887	741C5	HILL/0	3	2/1	1	0	1,450	1989	$224,900	259	*v
9	CLW-11541583	A	7		H	T	Q	CONDO		20173 WAVERLY GLEN St 43	YL	85	92886	740F7	/	2	2.5/			1,080	1977	$224,900	15
10	P756787	A	9		H	T	Q	CONDO	A	6437 Pepper Hill Dr 18	YL	85	92886	740F7	FRHL/0	3	2/1	2	1 A	1,256	1977	$225,000	288	*
11	S665174	A	1		H	T	Q	CONDO	A	20059 Waverly Glen St 33	YL	85	92886	740F7	OTHR/0	3	2/2	1	2	1,099	1977	$229,900	31
12	P772064	A	4		H	T	Q	CONDO	A	20338 Cranberry Ln 27	YL	85	92886	740F7	FRHL/0	3	3/2	2	2	1,076	1976	$235,000	153	*
13	MRM-K11087035	A	6		H	T	Q	CONDO	A	5225 BOX CANYON Ct 21f	YL	85	92887	741B4	The Hi/	2	2/1	1	0	1,128	1989	$235,000	25
14	U11002061	A	16		H	T	Q	CONDO	A	20350 Cranberry Ln 25	YL	85	92886	740F7	OTHR/%	3	2/2	1	0	1,100	1976	$245,000	83	*
15	U11000856	A	2		H	T	Q	CONDO	A	6460 Horse Shoe Ln 12	YL	85	92886	740F7	FRHL/1	3	2/2	1	1 A	1,148	1977	$249,900	159	*
16	P785787	A	5		H	T	Q	CONDO	A	6060 Waterbury Ct 76	YL	85	92887	741C6	OTHR/1	2	3/1	2	2	1,108	1987	$250,000	35
17	P788177	A	30		H	T	Q	CONDO	A	6086 Terrace Ln	YL	85	92886	740D6	OTHR/0	3	2/2	1	0	1,165	1982	$250,000	25
18	P788697	A	15		H	T	Q	SFR	D	6631 Kameha Cir	YL	85	92886	740E7	OTHR/0	2	2/1	2	2 A	1,065	1964	$250,000	20
19	P790135	A	29		H	T	Q	CONDO	D	6822 Blue Ridge Ct 54	YL	85	92886	740F7	WODG/0	3	1/1	1	2	1,000	1973	$250,000	10
20	P790866	A	14		H	T	Q	CONDO	A	19868 Ridge Manor Way 21	YL	85	92886	740F7	OTHR/2	3	2/1	1	1 D	1,099	1978	$250,000	5
21	P790635	A	30		H	T	Q	SFR	A	6742 Tahitian Cir	YL	85	92886	740E7	FRGN/2	2	2/1	2	2	1,065	1964	$253,000	5
22	S659057	A	23		H	T	Q	SFR	D	5675 Clearwater Dr	YL	85	92887	741A5	GRH2/A	2	2/2	1	2	1,052	1984	$256,500	77	*
23	P790269	A	24		H	T	Q	CONDO	D	20012 Royal Oak Ct 43	YL	85	92886	740F7	WODG/0	2	1/1	1	2	842	1972	$259,000	9
24	MRM-C11056624	A	23		H	T	Q	CONDO	A	19651 CASTELLANA Plz	YL	85	92886	740E4	Yorba /	3	3/2	2	2 A	1,564	1973	$259,900	90	*
25	P783616	A	2		H	T	Q	SFR	D	6616 Vista Loma	YL	85	92886	770E1	OTHR/0	3	3/2	2	2	1,080	1979	$265,000	53
26	P790791	A	8		H	T	Q	SFR	D	6751 Champagne Cir	YL	85	92886	740E7	FRGN/0	3	2/1	2	2 A	1,250	1964	$265,000	4
27	S646354	A	9		H	T	Q	SFR	D	5640 Greenbriar Dr	YL	85	92887	741A5	GRH2/N	2	2/2	1	2	1,056	1984	$269,900	187	*
28	S656252	A	5		H	T	Q	CONDO	A	4725 Rapallo Plz	YL	85	92886	740E4	YRKT/*	3	3/2	2	2 A	1,375	1977	$269,900	103	*
29	P725023	A	16		H	T	Q	CONDO	A	20373 Cranberry Ln 36	YL	85	92886	740F7	FRHL/0	3	2/2	1	2 A	1,066	1976	$274,900	512	*
30	P773179	A	26		H	T	Q	CONDO	A	20252 W Fern Creek Ln 43	YL	85	92886	740F7	FRHL/0	3	3/1	2	1 A	1,179	1975	$275,000	145	*
31	P781559	A	12		H	T	Q	CONDO	A	20392 Flower Gate Ln	YL	85	92886	740F7	FRHL/*	3	2/2	1	2 D	1,100	1976	$275,000	82	*
32	P785663	A	9		H	T	Q	CONDO	D	20011 Pineville Ct 54	YL	85	92886	740F7	WODG/0	2	1/1	1	2 A	842	1972	$276,900	11
33	P776973	A	14		H	T	Q	CONDO	A	4777 Serrente Plz	YL	85	92886	740E4	YRKT/*	2	2/1	1	2	1,025	1977	$281,000	115	*
34	MRM-K11027870	A	13		H	T	Q	SFR	A	19675 MARINO	YL	85	92886		Other /	3	4/3	2	2	1,415	1977	$281,990	151	*
35	P785949	A	15		H	T	Q	CONDO	A	5899 Portsmouth Rd 256	YL	85	92887	741D6	OTHR/*	3	2/1	1	2 D	1,132	1985	$285,900	44
36	P766257	A	30		H	T	Q	CONDO	A	5901 Portsmouth Rd 260	YL	85	92887	741D6	OTHR/x	3	2/1	1	2	1,132	1986	$293,900	197	*
37	P787607	A	19		H	T	Q	SFR	D	5192 Lakeview Ave	YL	85	92886	740B4	OTHR/*	2	1/1	1	0	600	1925	$296,900	32
38	S654152	A	30	V	H	T	Q	CONDO	A	6109 Salem Rd	YL	85	92887	741D6	VIL3/-	2	2/2	1	2	1,080	1986	$297,000	119	*
39	P790683	A	4		H	T	Q	CONDO	A	19644 Olana Plz	YL	85	92886	740E4	YRKT/*	3	3/1	2	2	1,600	1976	$299,000	5

Actives in Placentia from $400k-$500k

Nic Petrossi, NIC PETROSSI (TNG Real Estate Consultants) — Tue, 02 Aug 2011 14:25:13 -0700

RES	MLS #	Status	P	V	H	T	Q	Type	A/D	Address	City	Area	Zip	TGNO	Trct/M	Bd	B t/f	Sty	Gar	SqFt	Yr Blt	Price	DOM
1	P786396	A	16		H	T	Q	CONDO	A	1243 E Palm Dr 8	PLA	84	92870	739H5	LOSB/X	3	3/2	2	2 A	1,470	1986	$405,000	48
2	S656298	A	7		H	T	Q	CONDO	D	1748 Taylor Ln	PLA	84	92870	740A6	MARP/0	3	3/2	2	2	1,800	1999	$408,500	102	*
3	P776676	A	6		H	T	Q	SFR	D	1508 Seville St	PLA	84	92870	739G4	OTHR/0	3	2/1	2	2	1,549	1964	$419,000	124	*
4	P790537	A	25		H	T	Q	SFR	D	4792 Kermath St	PLA	84	92870	739H4	OTHR/0	4	2/1	1	2 A	1,280	1962	$419,000	5
5	P769781	A	10		H	T	Q	SFR	A	1238 Athens	PLA	84	92870	739G5	OTHR/T	3	2/1	1	2	1,600	1970	$425,000	171
6	P785605	A	17		H	T	Q	CONDO	D	1013 Haas	PLA	84	92870	739g7	OTHR/0	4	6/3	2	2 A	1,700	1998	$425,000	47
7	P789317	A	18		H	T	Q	SFR	D	618 Sunflower Ave	PLA	84	92870	739F6	PALM/*	4	2/2	1	2 A	1,643	1972	$425,000	16	v
8	P790147	A	13	V	H	T	Q	SFR	D	528 Kevin Way	PLA	84	92870	739E5	OTHR/0	4	2/1	1	2 A	2,077	1963	$425,000	10	*v
9	P786210	A	12		H	T	Q	SFR	D	2150 Hamer Dr	PLA	84	92870	739G3	OTHR/0	3	2/1	1	2	1,246	1963	$434,900	46	v
10	U11001220	A	2		H	T	Q	SFR	D	2006 Tanforan Ave	PLA	84	92870	740b7	OTHR/*	4	3/2	2	2	2,240	1978	$449,000	139
11	P772069	A	29		H	T	Q	SFR	D	1161 Curie Ln	PLA	84	92870	739H7	LSPE/*	3	2/2	1	2 A	1,525	1980	$450,000	161
12	MRM-A11058624	A	1		H	T	Q	SFR	D	517 N LOWE Dr	PLA	84	92870		Placen/	4	3/3	2	3		2003	$450,000	89
13	MRM-S11085439	A	8		H	T	Q	SFR	D	732 ROYAL STEWART Dr	PLA	84	92870		Other /	3	2/2	1	2 A	2,279	1963	$450,000	29
14	P788865	A	6		H	T	Q	SFR	D	432 Tahoe Ave	PLA	84	92870	739F4	OTHR/0	5	3/3	2	2	2,000	1967	$450,000	20	*
15	P789966	A	1		H	T	Q	SFR	D	644 Highlander Ave	PLA	84	92870	739G4	OTHR/1	4	2/1	1	2 A	1,549	1968	$450,000	7
16	P774835	A	11		H	T	Q	CONDO	D	1012 Moreno Way	PLA	84	92870	739H7	BLVS/3	4	3/2	2	2	1,650	1997	$460,000	134	*
17	P789275	A	8		H	T	Q	SFR	D	1024 MORENO	PLA	84	92870	739H7	BLVS/0	3	3/2	2	2	1,800	1997	$460,000	17
18	P787773	A	12		H	T	Q	SFR	D	224 Bagnall Ave	PLA	84	92870	739F2	OTHR/1	3	2/1	1	2 A	1,886	1966	$469,900	31
19	P788325	A	6		H	T	Q	SFR	D	919 Kingswood Dr	PLA	84	92870	739h4	OTHR/0	3	2/1	1	2	1,831	1964	$469,900	26
20	P790555	A	30		H	T	Q	SFR	D	461 Purdy Ave	PLA	84	92870	739F2	OTHR/*	3	2/1	1	2 D	1,695	1966	$474,900	5
21	P764364	A	1		H	T	Q	SFR	D	612 Jimenez Ln	PLA	84	92870	739H6	GLEN/2	4	3/2	2	2	1,800	1995	$475,000	207	*
22	P786807	A	30	V	H	T	Q	SFR	D	1702 Stanley Ave	PLA	84	92870	739E4	OTHR/.	4	2/1	1	2 A	1,550	1963	$475,000	38	*
23	P789980	A	16		H	T	Q	SFR	D	601 Jasmine Cir	PLA	84	92870	739F6	SUMF/0	3	2/1	1	2 A	1,549	1973	$475,000	11
24	S666477	A	11		H	T	Q	SFR	A	901 Carole Cir	PLA	84	92870	739G5	NPAV/0	3	4/2	2	2	1,442	1986	$479,900	18	v
25	S654817	A	13		H	T	Q	SFR	D	907 Magnolia Ave	PLA	84	92870	739G6	OTHR/0	4	2/2	1	2	1,943	1972	$480,000	92	*
26	P790717	A	27		H	T	Q	SFR	D	615 Sepulveda Pl	PLA	84	92870	739H6	GLEN/2	3	3/1	2	2 A	1,953	1994	$485,000	4
27	P787285	A	19		H	T	Q	SFR	D	1830 Nixon Ave	PLA	84	92870	740A7	OTHR/3	3	3/2	2	2 A	2,000	1997	$488,000	33
28	P783785	A	7		H	T	Q	SFR	D	166 Tanforan Ave	PLA	84	92870	740B6	OTHR/*	4	3/2	2	2	2,342	1978	$489,000	61	*
29	P790498	A	24		H	T	Q	SFR	D	1708 Sierra Bonita Dr	PLA	84	92870	739E4	CUST/*	4	2/1	1	2	1,785	1963	$489,000	7
30	P753177	A	20		H	T	Q	SFR	D	442 E Rockaway Dr	PLA	84	92870	739F4	BARC/0	4	3/2	2	2	2,350	1994	$489,900	226	*
31	P789143	A	30	V	H	T	Q	SFR	D	608 Lemke Dr	PLA	84	92870	739G3	OTHR/0	4	3/1	2	2 A	1,978	1963	$489,900	18
32	P778674	A	9		H	T	Q	SFR	D	1825 Hamer Dr	PLA	84	92870	739G3	OTHR/0	3	3/2	2	2 A	2,336	1963	$491,880	96	*
33	P781136	A	30		H	T	Q	SFR	D	1101 Cypress Point Dr	PLA	84	92870	739F5	OTHR/1	4	3/1	2	2	2,350	1964	$495,000	81	*
34	P790724	A	20		H	T	Q	SFR	D	115 San Luis Way	PLA	84	92870	739F3	OTHR/-	4	2/2	1	2 A	1,864	1964	$495,000	4
35	P783709	A	7		H	T	Q	SFR	D	619 Jimenez Ln	PLA	84	92870	739H6	GLEN/1	3	3/2	2	2	1,750	1995	$499,000	61
36	MRM-T10086490	A	24		H	T	Q	SFR	D	651 JENSEN Pl	PLA	84	92870	739H6	/	3	3/2	2	2 A	1,750	1995	$499,900	354	*
37	P790890	A	18		H	T	Q	SFR	D	725 Cobb Ave	PLA	84	92870	739G3	OTHR/1	3	2/1	1	2 A	1,459	1969	$499,900	5
38	P790862	A	26		H	T	Q	SFR	D	1355 Montevideo Ave	PLA	84	92870	739J5	OTHR/-	3	3/1	1	2 A	1,982	1966	$499,900	8

Actives in Placentia from $300k-$400k

Nic Petrossi, NIC PETROSSI (TNG Real Estate Consultants) — Tue, 02 Aug 2011 14:21:03 -0700

RES	MLS #	Status	P	V	H	T	Q	Type	A/D	Address	City	Area	Zip	TGNO	Trct/M	Bd	B t/f	Sty	Gar	SqFt	Yr Blt	Price	DOM
1	P771943	A	9		H	T	Q	CONDO	A	220 DRAFT Way	PLA	84	92870	739j7	OTHR/1	3	3/2	2	1	1,145	1998	$310,000	154	*
2	P779769	A	8		H	T	Q	SFR	D	1645 La Paloma Ave	PLA	84	92870	740A7	OTHR/0	3	2/2	1	2 A	1,302	1981	$320,000	90	*v
3	P788146	A	22		H	T	Q	CONDO	A	1509 Prospect B	pla	84	92870	739J4	OTHR/B	3	3/1	2	1	1,450	1970	$330,000	25
4	P783494	A	19		H	T	Q	CONDO	A	1448 S Via Cortez	PLA	84	92870	739F4	OTHR/0	3	3/1	2	2 D	1,407	1972	$335,000	62
5	P790758	A	19		H	T	Q	SFR	A	318 Los Padres Ln	PLA	84	92870	739F7	PLVG/0	4	3/2	2	2	1,926	1976	$349,000	4
6	MRM-K11040258	A	4		H	T	Q	CBO	D	206 E ORANGETHORPE Ave	PLA	84	92870	769-E1	Other /	4	2/2	1	0	2,250	1926	$350,000	125	*
7	MRM-C11048949	A	5		H	T	Q	SFR	A	607 DEL REY Dr	PLA	84	92870		Placen/	3	4/3	2	2	1,768	1977	$355,000	109
8	P790511	A	1		H	T	Q	SFR	A	371 Alta Vista St	PLA	84	92870	739F6	VLVD/2	4	4/3	2	2 A	2,131	1982	$355,900	6
9	P783788	A	16		H	T	Q	SFR	A	254 Eisenhower Way	PLA	84	92870	740A7	PLKN/1	3	3/1	2	2	1,780	1989	$359,900	61	*
10	P788565	A	18		H	T	Q	SFR	A	624 Mount Vernon Way	PLA	84	92870	739F6	GRNP/.	4	3/1	2	2	2,044	1977	$365,000	21	*
11	ITC-12154434	A	53		H	T	Q	CONDO	D	1449 HOLCOMB Pl	PLA	84	92870	770F5	/	3	3/2	2	2 A	1,277	1997	$369,000	17	*
12	S665892	A	9		H	T	Q	SFR	D	801 Ohio Ave	PLA	84	92870	769D1	OTHR/0	4	2/1	1	2	1,213	1955	$369,900	26	v
13	P789399	A	9		H	T	Q	SFR	A	2424 Allegheny Way	PLA	84	92870	739F2	WOOD/0	3	3/2	2	2 D	1,325	1974	$370,000	14	*v
14	P773731	A	23		H	T	Q	SFR	A	206 Pala Cir	PLA	84	92870	739F7	PLVG/0	4	3/2	2	2 A	1,921	1977	$384,900	140	*
15	P707513	A	8		H	T	Q	SFR	D	624 W La Jolla St	PLa	84	92870	769D2	OTHR/0	4	2/2	1	2 D	1,235	1957	$389,000	652	*
16	P784348	A	23		H	T	Q	SFR	A	200 Chinook	Pla	84	92870	739f2	WOOD/3	3	3/2	2	2 A	1,409	1975	$399,000	57	*
17	P787464	A	1		H	T	Q	SFR	D	1120 Naples Ave	PLA	84	92870	739G5	OTHR/1	4	2/2	1	2	1,945	1969	$399,000	32

Actives in Placentia from $200,000-$300,000

Nic Petrossi, NIC PETROSSI (TNG Real Estate Consultants) — Tue, 02 Aug 2011 14:15:06 -0700

RES	MLS #	Status	P	V	H	T	Q	Type	A/D	Address	City	Area	Zip	TGNO	Trct/M	Bd	B t/f	Sty	Gar	SqFt	Yr Blt	Price	DOM
1	S660012	A	12		H	T	Q	CONDO	A	327 S Van Buren St C	PLA	84	92870	739J7	OTHR/1	2	3/2	2	1	1,032	1992	$229,000	70
2	MRM-S11041497	A	4		H	T	Q	CONDO	A	1505 ISMAIL	PLA	84	92870		Pacifi/	2	2/2	2	1 A	1,025	1998	$230,000	123
3	ITC-22152478	A	13		H	T	Q	CONDO		149 OAHU Way	PLA	84	92870	739F7	/	2	2/2		0	1,270	1979	$235,000	190
4	P789890	A	0		H	T	Q	CONDO	A	2325 Natchez Ave	PLA	84	92870	739G2	OTHR/*	2	1/1	1	2 D	840	1972	$238,000	11
5	Y1103650	A	1		H	T	Q	SFR	D	849 Nebraska Ave	PLA	84	92870	769D1	OTHR/0	4	2/2	1	2	1,238	1956	$240,000	76
6	S667950	A	7		H	T	Q	CONDO	A	119 N Byrnes Ln	PLA	84	92870	739J7	OTHR/1	2	3/2	2	1	1,200	1998	$240,000	7
7	P739926	A	4		H	T	Q	SFR	D	918 GONZALES St	PLA	84	92870	769D1	OTHR/0	4	2/2	1	2	1,554	1917	$244,900	398	*
8	P775413	A	30		H	T	Q	SFR	A	2355 Natchez Ave	PLA	84	92870	739G2	OTHR/*	2	2/1	2	2 D	928	1971	$245,000	126	*
9	P768439	A	27	V	H	T	Q	CONDO	A	227 Oahu Way	PLA	84	92870	739F7	OTHR/0	2	2/1	2	1	1,270	1979	$249,800	180	*v
10	P755814	A	4		H	T	Q	SFR	A	1413 Avenida Alvarado	PLA	84	92870	739g4	OTHR/%	3	3/2	2	2 A	1,410	1972	$260,000	295	*
11	S665982	A	6		H	T	Q	CONDO	A	326 Aqueduct Ct	PLA	84	92870	740A7	OTHR/x	2	2/2	1	2 A	986	1980	$260,000	21	*
12	P784896	A	26		H	T	Q	SFR	A	1883 E Belmont Ct	PLA	84	92870	740A7	HGMD/0	2	2/2	1	2	968	1980	$269,800	53
13	P787646	A	15		H	T	Q	SFR	A	1895 E Belmont Ct	PLA	84	92870	740A7	OTHR/0	2	2/1	1	2 A	970	1980	$270,000	31
14	P790184	A	8		H	T	Q	SFR	D	336 Santa Barbara St	PLA	84	92870	739D7	OTHR/0	4	2/2	2	2 A	1,277	1972	$270,000	18
15	S665144	A	18		H	T	Q	SFR	D	611 W Chapman Ave	PLA	84	92870	739D6	OTHR/0	3	2/1	1	2 A	1,116	1955	$274,900	28	*
16	P788498	A	27		H	T	Q	SFR	A	238 Aqueduct Dr	PLA	84	92870	740A7	HGMD/0	3	3/2	2	2	1,474	1980	$289,500	24
17	P790966	A	12		H	T	Q	CONDO	A	272 Eisenhower Way	PLA	84	92870	740A7	OTHR/0	2	2/1	1	2 A	1,086	1988	$295,000	6
18	P784337	A	14		H	T	Q	CONDO	A	2485 Arrow Cir	PLA	84	92870	739f2	WOOD/2	2	3/2	2	2 D	1,309	1975	$299,000	57	*
19	P790270	A	0		H	T	Q	SFR	D	402 W Madison Ave	PLA	84	92870	739E5	CUST/1	4	2/2	1	2	2,167	1936	$299,000	7
20	S667481	A	9		H	T	Q	CONDO	A	236 Chinook Dr	PLA	84	92870	739F2	WOOD/0	3	3/2	2	2	1,325	1974	$299,900	10	*
21	P765620	A	7		H	T	Q	CONDO	A	1642 Sherwood Village Cir	PLA	84	92870	739H4	SHER/0	3	3/2	2	2	1,352	1973	$299,990	212	*
22	P779769	A	8		H	T	Q	SFR	D	1645 La Paloma Ave	PLA	84	92870	740A7	OTHR/0	3	2/2	1	2 A	1,302	1981	$320,000	90	*v

Yorba Linda Market Update: July 2011

Nic Petrossi, NIC PETROSSI (TNG Real Estate Consultants) — Mon, 01 Aug 2011 16:35:35 -0700

Number of Active Homes: 288

Number of Homes in Escrow: 119

Number of Active Condos/Townhomes: 72

Number of Condos/Townhomes in Escrow: 54

Median List Price: $698,942

Median Sale Price: $598,706

Placentia Market Update: July 2011

Nic Petrossi, NIC PETROSSI (TNG Real Estate Consultants) — Mon, 01 Aug 2011 14:42:39 -0700

Number of Active Homes: 133

Number of Homes in Escrow: 56

Number of Active Condos/Townhomes: 32

Number of Condos/Townhomes in Escrow: 33

Median List Price: $427,009

Median Sale Price: $442,834

432 Tahoe

Nic Petrossi, NIC PETROSSI (TNG Real Estate Consultants) — Mon, 01 Aug 2011 14:25:22 -0700

Larger than it looks! El Dorado HS area! This two story home boasts PLENTY of space and is centrally located in Placentia, CA. Remodeled master bath and downstairs bathroom, sizeable yard, vaulted ceilings, THREE bedrooms downstairs, two bedrooms upstairs. Very functional kitchen opens to family room. Formal Dining, 2 fireplaces, crown molding upstairs, massive attic/storage space accessible via door which can be used as multi-purpose room. AC and furnace only 4 years of age. HUGE potential. Great price for this size property in the safe and friendly City of Placentia.

Directions From Yorba Linda Blvd heading north from the 57, left on Havasu right on Tahoe, home is on the right.

Short Sales: A Quick Lesson (notes)

Nic Petrossi, NIC PETROSSI (TNG Real Estate Consultants) — Fri, 15 Jul 2011 15:23:17 -0700

1) VERY important that your Realtor requests Bank of America (or whatever bank they are dealing with) to include the following language in writing, "This will be considered a debt settled in full. No further deficiencies will be pursued."

2) The way to find out how many months someone is past due is to divide the total amount owed by their monthly payment. Bank of America is not postponing foreclosures anymore if borrower is 12 months past due or more.

3) One way to learn more about short sales is to go to Fannie Mae's website and click on "Know Your Options."

4) IN a short sale, cash is irrelevant, the investor is looking for the highest net.

5) Private Mortgage Insurance (PMI). PMI is used by banks (investors) to secure their debt to help recoup in case a borrower stops making payments (defaults). Most banks or investors will require 20% downpayment or more in order for the borrow to avoid paying PMI. Mortgage insurance companies factor into short sales. They can also be creditors who want to be paid back. Their philosophy is simple: they get a premium, small percentage of the principle to insure against a loss.

6) You can have FOUR parties in a short sale: 1) the investor on the 1st, 2) the investor on the 2nd, 3) the private mortgage company on the 1st, 4) the private mortgage company on the 2nd. You can have MORE if there are HELOCS. You can see how this gets complicated...

7) The investors / banks will sometimes settle with the borrower on a short sale with a) CASH CONTRIBUTION, or b) PROMISSORY NOTE. A question to ask yourself is: What am I willing to do to sell this house and get out from under this debilitating debt? Are you willing to pay the bank out of pocket a few thousand bucks to make it all go away or sign a promissory note that says you will pay back the debt over a period of time for much less than your monthly payments now?

8) Let's say the bank counters requiring a $12,000 cash contribution from you. Your Realtor can counter with a promissory note. That note is usually 0% interest to be paid back from anywhere from 2 to 20 years. We've heard payments as low as $80 / month. The loan is unsecured, meaning that if you were to file for bankruptcy, the debt would be wiped out.

9) Bank of America has $2.2 Trillion in loans out there...they own only 10% of their loans. They acquire the loans, package the loans and sell them to 3rd party investors. The investor is the one who really truly owns most or all of your home. So, there are two types of loans with Bank of America - delegated (where they actually own the note) and non-delegated (Investor-owned loan). BofA cannot make any decisions on non-delegated loans. The loss mitigation department will contact the Investor(s) who will then make the decisions.

10) When an agent gets a counter from the bank, they are trying to fit the short sale into a box of requirements for that particular Investor. The negotiator has done this enough times to know the basic requirements of each Investor.

11) Home Equity Lines of Credit. (HELOCs) With HELOCs, the bank can pursue for the deficiency because the HELOC is an unsecured debt.

12) If someone has filed for bankruptcy, the Realtor must get a reconveyance deed from the bank / lender / investor. This will take about 30 to 60 days to get.

13) The stats are that only 18% of short sales close with the first buyer. The buyer will often walk away when they get tired of waiting or find something "better" while they are waiting. It is extremely common to have the first and second buyers walk. A good agent will close 35% to 60% of the time with the first buyer because they set the expectations early on.

14) IRS liens can be part of the quagmire. It takes approx. 40 days to have an IRS lien removed, so the Realtor should start the process to have that removed the second they receive an offer. This is another reason why it is critical to have a preliminary title report ordered by a title company as soon as a Realtor takes a short sale listing to see all the problems they are dealing with. There can be HOA liens and mechanic's liens and private liens on the property as well.

15) BEST BANKS to deal with ------> Wachovia and Wells Fargo have a very streamlined process for their short sales and seem to close the quickest.

16) The # for the short sale concierge at Bank of America is 866.880.1232 First question is: Will the borrower's loan qualify for the HAFA program. BofA as a whole cooperates with HAFA but the particular Investor who owns the loan may not.

17) HAFA can be good since it ensures there will be no cash contribution from borrower and no pursuit of deficiency against the borrower but ALL parties must participate. Some Mortgage Insurance companies refuse to participate.

18) The average loss to bank / investor on a short sale in CAlifornia is $200,000.

19) Short sales are NOT ALWAYS great deals. The bank is trying to recoup their loss and will sometimes fight to make sure the property is sold at the highest possible price.

20) Your mom or dad, sister, aunt or uncle CANNOT buy the home when it is a short sale. Arms length transactions are a must. #1 cause of fraud with home sales.

21) Be careful of the scam where someone will say, "You deed the property to me, your credit will stop being affected. Lease the property back from me, and then I'll sell it back to you later for a good price."

22) NO ONE can accept up front fees for short sales. It is fraud.

23) Be careful, you cannot have the buyer pay $30,000 outside of escrow for the furniture as a way to get the under water borrower some cash. This also is fraud.

24) BPOs (Broker Price Opinions) are on the way out and the banks are moving toward using appraisals only. Valuations are good for about 90 days.

25) HELOCs are treated same as a credit card debt - unsecured debt. They are often charged off and sold to a collection company.

Short Sale Tips

Nic Petrossi, NIC PETROSSI (TNG Real Estate Consultants) — Tue, 14 Jun 2011 13:14:00 -0700

What is a Short Sale?

A short sale occurs when the seller’s lender decides to accept a discounted payoff to relieve an existing mortgage. A seller does not need to be in default before a lender considers a short sale. A lender may consider a short sale if the value of the home has fallen

Do Your Research

Make sure to do your research and check the public records before making an offer. Your agent can find out who is in title, whether a foreclosure notice has been filed and how much is owed to the lender. This will help you figure out how much to offer.

Hire an Experienced Agent

An agent who has experience with short sales will help to expedite the process and protect your interests. You don’t want to miss any important details due to inexperience or find out your transaction is not going to close on time because no one has followed up in a timely manner.

Learn the Facts About Short Sale Commissions

Regardless of the what the seller has agreed to, it is actually the lender that decides the commission. The reason for this is that the seller never sees any of the money from the transaction. Since it is the lender who you are paying, they will negotiate the commission directly with the listing broker who will in turn share the commission with your agent. Your agent’s fee may not be completely covered by the lender and unless they waive the difference you may have to pay out of your pocket.

Make Sure to Conduct Inspections

Usually, the lender will not pay expenses that are customarily covered by the seller. These include home protection plans for the buyer, buyer credits of any kind and pest/termite inspections. A short sale will be sold “as is,” which means no repairs. It is extremely important that a buyer obtain a customary home inspection.

5 Things to Scare Away Any Potential Buyers

Nic Petrossi, NIC PETROSSI (TNG Real Estate Consultants) — Mon, 13 Jun 2011 14:17:50 -0700

1. Odors

Lingering odors such as cigarette smoke or pets will be one of the first things buyers notice upon entering your home. These first impressions can make or break a potential sale. You may have grown used to some odors in your home and therefore should ask someone who does not live there to give it a sniff. Make sure to completely get rid of these odors; don't just cover them up with sprays or perfumes.

2. Pets

Pets that are free to roam the house may frighten buyers and scare away those with allergies. Buyers may perceive the home as less clean due to the presence of pets. Do not simply hide pets away in a bedroom or the garage as buyers will want to inspect all areas of the home. Remove the pets from the property if possible or keep them in crates for their own safety and for the safety of others.

3. Dimly Lit Rooms

Dark rooms make a home seem smaller and less comfortable. These impressions can be a major turn-off for buyers. Try to brighten them up by letting in more natural light by removing heavy draperies or trimming trees that block sunlight and shadow the house. Also consider adding more light fixtures and painting the room a color that better reflects light. Finally remember to clean windows inside and out to let in more light.

4. Dirty Rooms

Heavy traffic rooms such as bathrooms and kitchens tend to accumulate dirt and grime. These rooms also garner the most attention from buyers. Buy new towels, rugs, and curtains, scrub the floors, paint the walls, and replace any broken fixtures. These are the most important rooms in the house and if you want to sell, they have to sparkle.

5. Bugs

Get rid of them, plain and simple.

Placentia Homes for Sale Market Update for June 9 2011

Nic Petrossi, NIC PETROSSI (TNG Real Estate Consultants) — Thu, 09 Jun 2011 18:37:08 -0700

Placentia Homes for Sale:

ACTIVE Single Family Residences on the Market (NOT in escrow):

103

Homes in Escrow:

Percentage of homes in ecrow vs homes active on the market = 49%

1 out of every 3 homes in Placentia are in escrow.

ACTIVE condo/towhomes in Placentia:

Condos in Escrow:

Percentage of condos in escrow vs. condos on the market = 42%

30% of all condos are on the market are currently under contract in escrow.

For a complete list of active listings in Placentia, email me npetrossi@yahoo.com

1138 North Euclid Street

Nic Petrossi, NIC PETROSSI (TNG Real Estate Consultants) — Wed, 11 May 2011 23:01:04 -0700

Newer Construction!!! 2 Bedroom 2 Bath 1200 Square Feet Condo in Anaheim less than 3 miles from Disneyland. Granite in kitchen. Standard / Regular Sale. Great Value!!!

319 Eagle Drive

Nic Petrossi, NIC PETROSSI (TNG Real Estate Consultants) — Wed, 11 May 2011 22:54:15 -0700

4 Bedroom Property Over 2000 square feet on Cul-De-Sac, located in one of Placentia's Finest neighborhoods. Standard / Regular Sale. Granite in Kitchen, Massive Sunroom and Huge Bonus Room w/ Full Bath upstairs (permitted addition). Great property, great location, with great schools waiting for great buyers!!!

Directions From Yorba Linda Blvd, south on Kraemer, Wingfoot wraps to Eagle.

1188 Melia

Nic Petrossi, NIC PETROSSI (TNG Real Estate Consultants) — Wed, 11 May 2011 22:50:26 -0700

Excellent home for some lucky buyer. 3200 square feet. Regular/Standard Sale. This is unique in that it features 4 Bedrooms (1 downstairs) and 4 FULL bathrooms! (one downstairs). HUGE loft that can be converted by new owner into 5th Bedroom. This property boasts: Vaulted Ceilings, Massive Kitchen with huge granite island, upgraded appliances, large pantry, exquisite travertine flooring with granite accent inlays, custom casings, crown moulding, plantation shutters, separate formal dining, homework center, CAT-V wiring for Internet, low maintenance backyard, 3 car garage, and much much more!

Directions From Rose, west on Alta Vista, turn on to Dunnavant, left on Maertzweiler, right on Little and right on Melia.