Cara Cara Oranges Temecula Valley, California - 01/31/11 04:06 AM
I love cara cara oranges.  They are probably one of my favorite variety.  Since lately I’ve been fighting a head cold, it’s a good idea to get a little extra vitamin C.  Cara cara oranges are also rich in lycopene.  I noticed the supermarket where I shop is getting a little low on inventory.  We may be nearing the end of their growing season in Temecula Valley, California.  So sad.  I always look forward to their arrival in the produce department in November, just before the holiday season.If you haven’t tried a cara cara orange, you might still be able to … (8 comments)

Are Home Borrowers The Only Ones with Ethical Responsibilities When Walking Away from Their Mortgages? - 01/31/11 03:21 AM
I am reblogging this post by Antonio & Alexia Cardenas   
                  "The Realtors In Motion" 
It's sad to see so many homeowners see their investment and dream of homeownership go down while the banks continue to make money, in spite of all the fraud they are guilty of.  Where are the banks' ethical responsibility in all this? 
Via Antonio & Alexia Cardenas "The Realtors In Motion" (Alameda County - San Leandro, CA.):
One of my best friends is seriously thinking about walking away from his mortage via a strategic default. But his guilt and sense of moral … (3 comments)

Menifee Lakes California Homes for Sale - 01/31/11 01:10 AM
Menifee Lakes California Homes For SaleThere are some great opportunities right now to purchase a home in the desirable community of Menifee Lakes California. Currently there are over 98 Active Menifee Lakes California homes for sale!  Many are standard sales.  If you are looking to purchase a brand new construction home in Menifee Lakes there are some available.  There are pool homes and refurbished corporate-owned homes for sale in Menifee Lakes California.Price ranges from $122,000 to $405,000.Menifee Lakes is located near the Mt. San Jancinto Community College, Menifee Campus.  Nearby is a great new shopping plaza and Interstate 215 for easy … (0 comments)

Top Three Important Things You Need to Know, Whether Buying or Selling a Home in Temecula Valley, California - 01/30/11 02:44 PM
The following are the top three important things you need to know, whether buying or selling a home in Temecula Valley, California
1.  Location.  We’ve all heard this before.  Location, location, location.  What is perceived as a desirable location will be reflected in the purchase price.  It’s true, you can’t change the location, unless you are planing on “moving” the house.
Imagine - A former client of mine did just that. She bought a house that was to be condemned by the city and had it moved to another site. It was a huge project, but in the end, it … (1 comments)

Start the New Year! Buy a Home in Harveston Community in Temecula California - 01/23/11 10:51 AM
There are currently 18 homes for sale in the beautiful Harveston Community in Temecula California.
11 are short sales; 4 bank-owned; and 3 standard sales.  Prices range from $235,000 to $299,900.  Interior square footage ranges from 1,921 to 3,596.
Harveston has all the amenities, from childcare center to paddleboat activities on Harveston Lake.  Conveniently located off the 15 Interstate freeway for easy commuting access.
If you are interested in purchasing a home in Harveston Community in Temecula California, contact me for updated pricing, availability and free list of homes for sale.
 
View Larger Map … (10 comments)

When Credit Becomes A Substitute for Money - Robbing Peter to Pay Paul - 01/23/11 09:19 AM
As a REALTOR® I meet many homeowners who I discover are struggling to pay their mortgage.  Not only that, but they are struggling just to make ends meet.  They tell me they are borrowing money from family, or are using credit cards to pay for groceries and gas, and not paying off the balance at the end of the month.  The homeowners I talk to do this so they will have enough money at the end of the month to pay their mortgage.
They are essentially "robbing Peter to pay Paul."  Most of us are familiar with the term, or certainly, the … (7 comments)

Grants & Loans for Homebuyers/Owners in Temecula - 01/23/11 08:06 AM
If you are considering purchasing a home in Temecula Valley California, there may be some help for first time home buyers from the City of Temecula as well as Riverside County.  The City of Temecula also has a Residential Energy Efficiency Program to help homeowners update their home for energy efficiency.
Via Gene Wunderlich - Realtor®, Government Affairs Director (Southwest Riverside County Association of Realtors):
The City of Temecula has several programs in place to assist your clients, existing homeowners and prospective homeowners. Starting with their First Time Home buyer Program - designed to help people who have not owned a home in … (0 comments)

10 Hidden costs of owning AND renting a home - 01/23/11 08:02 AM
These are some great points to look at if you are considering buying a home.  There are hidden costs we might not always think of, but Jeanette Igoe posts hidden costs of owning as well as those of renting.
Via Igoe Realty P.A.:
Everyone thinks that the costs of renting are limited to, well, rent! On the other hand, there is a laundry list of expenses we all know go along with owning a home. But many people aren't aware of the hidden, surprising costs associated with both owning AND renting a home, and it's what you don't know that has the potential … (1 comments)

"Shamed Into Altering a Mortgage" - 01/23/11 07:59 AM
Bank of America is at it again.  It's unbelievable, but I believe it.  How lenders, in this case, BoA, avoid working with homeowners to keep them in their homes!  Kimberly Norgard wrote a post of a homeowner who fit in the loan modification guidelines but was denied, or rather ignored, by Bank of America, until The NY Times published an article about it.   
Via Kimberly A Norgard (Devlin McNiff Real Estate):
In this morning's NY Times there's an article about how the Bank of America was finally "shamed" into making a home loan modification after a particular case received some publicity (an article about … (0 comments)

What Every Buyer Needs to Know About Buying a Short Sale and HOA's - 01/19/11 12:26 AM
Not all sellers will be able to keep their HOA dues current by the time they market their home for short sale.  If HOA dues fall behind, the Homeowner's Association may file a lien on the property, making it impossible for a sale to take place until the delinquent fees are paid in full.   
Typically lenders will not pay for delinquent HOA fees in a short sale transaction.  If the Seller cannot pay, then it will fall to the buyer to pay. 
What the buyer should find out before making an offer:
1.  Is there a Homeowner's Association?
2.  Are HOA … (55 comments)

Robo-signers, MERS, Slandered Titles and the Terror Lurking - 01/18/11 01:44 PM
The following article was written by George W. Mantor.  Those of you who may not be familiar with him, he has been educating and informing the public through local, community free workshops.  My only comment is I hope the current travesty of justice taking place throughout the country will be remedied.  Time will tell. 
George W. MantorThe Real Estate ProfessorFounder, American Foreclosure Resistance Movementhttp://www.realtown.com/gwmantor/blog1611A South Melrose Drive, #134Vista, CA 92081760-758-0802

Robo-signers, MERS, Slandered Titles
and the Terror Lurking
  
Or, How I Learned to Stop Worrying and Love the Bubble
  
By George W. Mantor
 
Introducing the latest pawn in the … (2 comments)

Are You Stressed Out? Too Much Debt? - 01/18/11 12:56 PM
Many homeowners in Riverside County California are struggling to pay their mortgage, put gas in the car and food on the table.  With unemployment at 14.6% in Riverside County as of October 2010, it's no wonder many homeowners are stressed out. 
According to foreclosureradar.com, the top five cities in Riverside County for record foreclosures for the last 12 months are:
Riverside Moreno Valley Corona Hemet Temecula You can see the foreclosure trends for Riverside County from November 2009-November 2010 here. The numbers do show there's been a decrease in foreclosures from last year.  Although a good sign, it's not significant enough to ask:
… (3 comments)

Did Someone Steal My Wallet? My Information is on the Web! - 01/17/11 02:40 AM
Kathy Sheehan published a post "Protect Your Information." Re-blogging was not enabled.
I thought this was so important because I went to the website she mentions in her post, and was astonished to find when I typed in my name, all the information that was available to anyone!  I felt as if my wallet had been stolen!
If you discover you are listed on this website and want it to be removed, there is an opt out feature on the website, under privacy link.  You copy and paste your url in a space provided and then you will be sent an email to confirm.  … (9 comments)

Prequalify the Seller - 01/17/11 02:16 AM
Robert Lei wrote an excellent post on Prequalifying the seller.  I'm a big believer in our business we have to ask many questions of our clients listen to what they are saying.  He's made a great list every agent should bookmark if you want a listing you can get SOLD. 
Via Robert Lei - California Bay Area Real Estate (Century 21 (SUNNYVALE, CA)):
Prequalifying Questions
Why are you selling? When do you plan to move? What's most important to you in this sale?  Price, speed, easy transaction? How much of the proceeds of this home will you need to purchase your next home? What did … (4 comments)

Are you a "Right Click, Copy, Paste" Blogger? Some Recommended Reading..... - 01/17/11 02:08 AM
Mike Jaquish wrote an interesting post about Righthaven, LLC.  If you haven't heard they are suing bloggers and other online news sources for copyright infringement.  If you have an urge to CTRL C and CTRL V, you might want to check this out.  It's got some great links.
Via Mike Jaquish Cary, NC, Real Estate (KELLER WILLIAMS® Realty):
If you tend to gather up information, content, images etc, from the internet to fill in your Activerain blogspaces, or to present as your comments, I suggest you read up on the activities of a firm named "Righthaven,LLC."
©
Righthaven, LLC, has been suing people, lots of people, … (1 comments)

Seller Beware - How The Un-Cooperative Buyer Can Tank Your Short Sale - 01/16/11 10:53 AM

The mantra in real estate for decades has been "buyer beware", or caveat emptor.  In the ever-changing landscape of real estate (pun intended), short sales in Temecula Valley California are becoming as common place as the bank-owned foreclosure, or standard, equity sale.  My personal mantra to home sellers of short sales is "seller beware", but not quite the usual meaning of caveat venditor.  Seller beware because the un-cooperative buyer can tank your short sale.  Here's why.
Short sales are becoming the norm
There were 59 closed residential short sales last month. As of this writing, there are over 500 active listings for sale in Temecula Valley … (4 comments)

Homes Sold in Temecula California for the Month of December 2010 - 01/16/11 05:52 AM
Approxmate number is 186 homes sold in Temecula California for the month of December 2010
Of those 186 residential real estate sales - 50 were bank-owned, or REO's (real estate owned); 59 were short sales; 71 were standard sales.
SOLD prices ranged from $87,000 to $1,150,000. 

More than half of residential real estate SOLD were distressed properties, either bank-owned, foreclosures or short sales.  To see standard sales trending up in numbers in the Temecula Valley real estate market is hopeful.  In spite of doom and gloom predictions for the upcoming year, time will tell if we will see less distressed … (0 comments)

The Single Most Important Thing I Accomplished in 2010 - 01/14/11 02:14 AM
Without a doubt, it is saving all my clients' homes from foreclosure.  The one success story that stands out from all others in particular came about because of my blog.
Last summer I received a call from a homeowner who had stopped paying their mortgage.  A Notice of Default had been filed with Riverside County California recorder's office and made public.  The homeowners had approximately 90+ days before a Trustee Sale date would be set by their lender to sell their home on the courthouse steps.  Knowing they were facing foreclosure, they had already moved out and were renting somewhere close to family.  They … (25 comments)

1069 Encanto Dr, San Jacinto, California - SOLD Short Sale - 01/11/11 12:21 AM
Bank of America SOLD short sale. This home has amazing views of Mt San Jacinto!  Located close to shopping, Rt 79, and Valley Wide Recreation parks.  Charming curb appeal in a quiet neghborhood on a desirable corner lot.  Side yard has fruit trees, orange, lemon, and fig to mention a few, and setup with an expandable drip system.  RV parking pad next to two-car garage in back, with street access.

1069 Encanto Dr, San Jacinto, California - Home For Sale
This home was built in 2005, 2-bedroom, 2-bath and in immaculate condition.  Sold with kitchen appliances, window blinds and all … (0 comments)

You Can Save Your Credit Through Short Sale Option - 01/08/11 03:57 PM
Homeowners in Temecula Valley California are successfully selling their homes through short sale.  A short sale is when the borrower's lender agrees to a short payoff.  In other words, if you owe more on your mortgage than your home is worth, you can apply for a short sale with your lender.  If your lender agrees, you, the homeowner, can sell your home for less than what is owed. 
A short sale does not damage your credit as much as a foreclosure will.  Once the short sale is completed, a borrower's credit will show on their credit report either "paid as agreed," or … (4 comments)

New Chase Short Sale Fast Track. 10 Day Approvals and $20,000 For Moving!! - 01/02/11 01:21 PM
Bryant Tutas has some great news about Chase and short sales which I've reblogged here. This is great news for sellers.  I look forward to hearing more.  Looks like Chase may finally be chasing what matters! 

Via Bryant Tutas-Tutas Towne Realty, Inc:
Hi folks. I had a seller call me earlier this week needing a Short Sale agent ASAP!! He hasn't made payments for many months and had actually already moved out of the property expecting to be foreclosed on any day now.
Chase sent him a letter. And fortunately instead of just throwing it away thinking it was another … (5 comments)

If you fail to plan ... - 01/02/11 01:08 PM
Elena M. D'Agostino writes some good points in her post "If you fail to plan".  We all know the value of planning in our business.  The following list should help you get thinking about what you want to do with your business this year. 

Via Elena M. D'Agostino (Signature Properties):
I know you know the rest of that expression - "plan to fail."
This is the toughest real estate market most of us have ever experienced, but that hasn't stopped many, many agents from being very successful. In the absence of abundant, ripe, low-hanging fruit, you need to figure out … (0 comments)

So WHAT? - 01/02/11 12:28 PM
Liz Lockhart wrote a post called So What?  If we are to hold ourselves accountable for our business and our success in 2011 then we have to ask ourselves this seemingly tough question.  Please leave any comments on her original post.  Thanks!

Via Liz Lockhart, GRI (CENTURY 21 Key Realty, Cape Girardeau, MO):
"So WHAT!" Sounds insolent or rude, doesn't it? Wait a minute. It might just be the key to a successful future.
Before real estate, which BTW is the most profitable career I've ever had, I spent a few years as a traveling sales rep. That company put salespeople … (0 comments)

On New Year's Eve, I Watched the Waterford Crystal Ball Drop at Times Square - 01/01/11 02:11 PM
Via CNN, of course.  My family and I gathered in the family room in front of the tv waiting for the ball to drop so that we could toast the new year with some sparkling apply cider.  Probably sounds boring, but to stay home and spend time with my family is one of my greatest pleasures in life.  What more could I ask for?
I give kudos to all the people who have the energy and fortitude to go to Times Square in NYC on new year's eve!  Last year, I think it was close to zero temperatures.  Everyone was bundled up and looked like they were freezing.  … (7 comments)

Bank of America Loses in Mortgage Suit - 01/01/11 10:58 AM
This is a re-blog courtesy of Dennis Helmstetter.  Bank of America loses court case!  Now if only homeowners could win court cases over Bank of America, who bought all those loans made by Countrywide, wouldn't that make the news?!  Fortunately, insurance companies have the legal team behind them to take BoA on, unlike the homeowner left twisting in the wind with a bad loan and a trail of what looks like may be fraudulent paperwork.  Looks like this will be the first of many...

Via Dennis Helmstetter (Real Estate Teams LLC):
Your Distressed Property and Short Sale Expert in Maryland
 MBIA Insurance, which insures mortgage investors … (0 comments)

 
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Pamela Seley, REALTOR® Call 951.491.4063 | Temecula Valley CA

Pamela Seley, REALTOR®

Temecula, CA

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Bassett & Associates, REALTORS®

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