Kelly Turbeville Real Estate Possibilities!

New Housing Bill Will Force Loan Modification - Why isn't California pushing for this?

Tue, 06 Oct 2009 23:06:56 -0500

Maybe a little hope on the horizon. Thanks Claudette. Now if they can get it through quick enough so the masses in trouble don't loose their homes.

Via Claudette Millette - Metrowest Mass Exclusive Buyer Broker (The Buyers' Counsel):

Four senators are putting their muscle behind a new housing bill intended to prohibit lenders operating in the U.S. from foreclosing on home owners without first having discussed reasonable modification options with the borrowers.

The bill, called the Preserving Homes and Communities Act is being sponsored by Rhode Island Senator Jack Reed, Illinois Senator Dick Durbin, Jeff Merkley of Oregon and Sheldon Whitehouse of Rhode Island.

Under this bill, lenders will be forced to the negotiating table under the threat of stiff fines and other legal penalties.

All lenders will be required to perform what the bill terms as a "net present value" test for all seriously delinquent borrowers. The test would be a financial analysis weighing the benefits of a modification of loan terms against the benefits of foreclosure.

For borrowers who do not fit into this program, the bill would create a multi-billion national fund for states to make loans or grants in order to prevent foreclosures.

The senators' rationale behind the creation of this bill is that they are frustrated with the slow pace of current loan modification programs and feel that they are not keeping up with the record numbers of foreclosures this year.

"Voluntary efforts to keep families in their homes have failed," said Durbin. "This bill will force lenders to modify qualified mortgages rather than letting them move quickly to foreclosure, which destroys households and neighborhoods."

The act will also set up a mortgage payment assistance program to provide money to state housing agencies to assist people who have lost income and face the prospect of foreclosure.

The most significant aspect of this bill would be to create "mandatory mediation" requirements forcing lenders to allow some mediation efforts between them and their borrowers before being able to file foreclosures against home owners.

This proposal will, no doubt, be met with opposition by banking and mortgage lending groups. It is, however, currently favored to be supported in the House.

  Subscribe to my blog

Copyright 2009 - Claudette Millette, President, TheBuyersCounsel - 800-392-1446  - E-mail

Learn More about Massachusetts Home Buyer Representation - Greater Boston and MetroWest Massachusetts - Serving Massachusetts Home Buyers Since 1992

  Ashland, Holliston, Hopkinton, Natick, Newton, Northborough, Framingham, Shrewsbury, Sherborn, Southborough, Sudbury, Wayland, Westborough

Is Irvine Ready for the Rich and Single?

Wed, 22 Jul 2009 17:37:08 -0500

Saw this article today in the O.C. Register and have to agree. Though the city of Irvine is often described as a "family" town, it is a sought after home location for many singles. As noted in the article, 33% of the residents are single!

Here are three examples of why my single clients like it:

Location to the 405/5 freeways provides easy commuting to work and other social communities such as Newport Beach, Laguna Beach, etc.
Excellent community amentities with shops, restaurants, movies, sports, etc.
Design of homes are geared toward a more active lifestyle vs. traditional homes. Open living and dining spaces, offices vs. family and formal living rooms.

Of course, remember if you are single home buyer looking to move to Orange County, we are here to help. Our primary focus is the single community, why because we understand singe home buyers and homeowners have different priorities and goals. Though you may be looking the "white picket fence" you also may not want to live across the street from a school.

Please do not hesitate to contact Kellytoday for a complimentary review your Real Estate Possibilities and to receive a copy of her Special Report, The Power of One. Don't forget the $8000. tax credit available for first time home buyers is scheduled to expire at the end of the year. Don't let today's opportunity slip away.

Irvine Links Worth Checking Out

City of Irvine

Irvine Spectrum

Search Available Irvine Properties

Advertise your Irvine Business

The information is deemed reliable but not guaranteed, provided as a opinion only.

Realtors Imagine 1 Ad on 187 Different Directories - Its Possible!

Wed, 15 Jul 2009 20:58:52 -0500

Just another reason why I am loving LocalAdLink for my Real Estate business. I spend a lot time, ensuring my information is listed on various directories, plus blogging, etc, so when I heard and then saw the exposure LocalAdLink was bringing my business I was blown away. What a great way to streamline your advertising.

Check out my LocalAdLink Ad

LocalAdLink is proud to announce as part of our "3rd party providers" the deployment of a new technology that will be FREE to all Standard, Standard Plus, and Premium advertisers. This service will submit all advertisers that have purchased one of these three packages to 187 search engines and directories. In other words, the individual business listing within our LocalAdLink.com directory will be submitted to each of the 187 websites. This list includes Google Local, Yahoo Local, YellowPages, all major search engines, and many more high traffic locations.

The purpose of this new technology being integrated into LocalAdLink's platform is to give our advertisers more exposure, more reach, more traffic and more results! This service will take each active ad and keep it syn'ed each month with each location. So as long as you are an LocalAdLink Advertiser your information will be sent to all sources. This initiative is part of our continued effort to deploy as many 3rd party partners as possible giving our advertisers the largest value available for the lowest price in the marketplace.

Contact Kelly today if you want to learn how LocalAdLink can help your real estate business. Real Estate Brokers, want to help your agents get on the Web and bring $$ back into your brokerage, contact Kelly today for learn about her unique program designed especially for Real Estate Brokerages.

Consumers Reponsible When Lenders Put out a Bad Product at the Wrong Time - hmmmm?

Thu, 09 Jul 2009 12:18:47 -0500

I try not to put out negative stuff, but I tell ya, it is starting to get to me. I generally don't even read the papers because of the negative news. Unfortunatly, I did read the papers this am and came across these disturbing articles.

Foreclosure Backlog in the O.C. Grows:

Loan Servicers Prefer Big Losses rather then forgiveness

Now I understand the banks are in this business to make money and these articles may not surprise you, but something is morally wrong here. Maybe I live in fantasy world where I hope the organizations that I go into business with i.e. a purchase contract are true partners. But where is the partnership in this mess? Of course the rules apply but when there is clear disregard for the consumer after they sold a bad product at the wrong time they need to be held accountable.

If you received your Orange County Property Value notice this week then you understand the hit the consumer is taking. What hit is the lender taking in this mess? There is no principle reduction, fee's waived, interest reduction to truly help the consumer, they are all added back in, increasing the value of your property which 1 in 5 are already underwater.

Look at what is happening in the commercial sector, landlords are providing rent concessions as they understand empty shops bring in no dollars. Why do the banks not get it!!!!!!!! Manufacturer's and retailers get it. If a manufacturer sold a bad product, what do think the retailer expects that manufacturer to do, they expect them to help with the loss i.e. markdown dollars. Again, Why do the banks not get it!

Well I guess they are getting it as they are writing off the loss, recieving bailout money and not helping their partners. Why because the partner is not the consumer it is the investor. Wouldn't it be wonderful if you could write of the loss as well vs. having your home taken away, your credit ruined and having to start over with no bailout to support your new life.

Ok, I got that out of my system. I will focus on the good, there is opportunity in this market for buyers and probably a lot more opportunity to come. There is also a great opportunity for equity sellers if they are realistic about pricing.

For the sellers in distressed situations who truly want to save their home and are responsible and understand they are part of this partnership, all I can say is hang in there. Continue to bang the drum try to have patients for your OWN SANITY and focus on the positives of getting to the other side of this.

Going, Going, Gone - Tax Credit for New Homes is asta la bye bye!

Wed, 24 Jun 2009 19:19:43 -0500

Did you know the state of California offered a $10,000 tax credit on the purchase of a new home? Nice thought, right.

Unforunatly, with such great demand the $100 million dollars allocated by the state is just about used up. For details and how the money was allocated the Franchise Tax Board has it all detailed.

Don't mistake this credit as the $8000.00 tax credit coming from the Federal Gov't. That is still available. Though make sure to understand how the credit can be utalized in your individual state.

This is a perfect example why 29% of the current buyer pool is first time buyers. If you are considering buying your first home, the opportunity before you is one you will want to consider seriously before it passes you by.

Unfortunatly, history has proven most miss the opportunity waiting for the bottom, by the time they find it, it has already moved on up.

Why I am Loving LocalAdLink for my Real Estate Business!

Wed, 24 Jun 2009 15:02:41 -0500

So you want to know why I am so passionate about LocalAdLink. Hopefully my motto, Its Possible gives you a good idea but if you are one of those people who love details read on......

I admit it, Advertising Sales was not my first choice for a career, Real Estate was my first choice and an area that I continue to enjoy. So when I was looking at opportunities to expand my Real Estate business and came across LocalAdLink I was blown away.

Why, it is a win/win.

I am keeping local dollars in the community; helping small businesses bring business in their door and helping new homeowners find valuable resources within their neighborhood.

In addition, what you probably didn't know as a Realtor success is a direct result of Marketing & Advertising. All centered on building your own brand and the brand of each home being sold. Realtors are often looked upon within the local community as a bridge builder or referral source between those looking to move to an area, boy with LocalAdLink can I accomplish this.

My goal is simple, to help my clients reach theirs.....

Please don't hesitate to contact me today to review your possibilities.

Remember, It's Possible!

Brokers if you get your Agents on the web, who wins?

Thu, 11 Jun 2009 01:31:43 -0500

Over the past few years in Real Estate I have spoken to many Real Estate Brokers who struggle with how to get their agents to invest in marketing, doesn't matter, print, media or web, it is a struggle. Today it is the same but of course the pressure for whatever marketing platform chosen it better be cost effective, better yet pretty much free!

Both the Broker and Agent know the importance of marketing but there is a disconnect on how they can mutually benefit each other and still build an individual brand. The Broker focuses on building the company brand and leaves the individual agent branding to the agent. Both struggling to get the right message out on the web that brings qualified traffic to their door.

It is simple, if the agents advertising brings business in the door the broker wins! So why do so many brokers leave this valuable asset out of their support?

What if there was a business model that allowed the Broker to build their office brand and subsidize agent advertising? Guess what there is......

Imagine, a potential seller searching the web for Agents and see's your Agents Advertising right next to your Office Advertising! Win/Win!

With LocalAdLink a Broker can easily do this. It is simple, become a Brand Builder and this provides you with the ability to give ads and/or sell ads to your team in a low cost manner.

First the giving part: You start off with approximately 10 ads, imagine how excited your agents would be if you rewarded them with a free month of advertising as an incentive, for say holding open a certain number of open houses, etc. This can be done for as little as $399. Tell me where else you get 10 ads for $399.00.

Second The Selling Part: Your agents are seeing the exposure the brokerage is receiving so they are going to go out and buy ads on their own. As a Brand Builder wouldn't you rather they come to you? PS this brings dollars back into your brokerage! Ads can be purchased for as little as $49.95 for up to 3 zip codes. Did you see that $69.99!

It is a win/win and an ideal way to bring valuable listings in the door.

But there is even a better aspect of this business that is often missed but very valuable to the Real Estate business and it is all about building a local community!

As a Realtor, I have added this business to my portfolio of services. When I walk into a local business and note, I am the local expert and my goal is to build my list of local businesses to help new homeowners know the area, what do you think small businesses say.... please help. It is in all of our best interest to keep local dollars in the community. As a Realtor we give business referrals time and time again, wouldn't you like the same to happen to you.

Just a little insight. Today I searched for a Wine Store online and was happy to see one of my customers right there, the number 1 ad. When I clicked on the business ad, right next to the ad was my Real Estate Possibilities Ad. Who won here, both la Maison Gourmet and I! Win/win

Should you be interested in learning how to achieve such a great synergy, make sure to contact Kelly today!

The above information is deemed reliable but not guaranteed.

Life lessons of a financial crises for singles, the shedding has begun!

Thu, 14 May 2009 11:22:41 -0500

I am going to take this blog down a personal road that I believe is effecting many singles out there in this tough economy. I hear it day after day, that they are not only losing their homes, livelihood but as well their relationships.

Hopefully most are blessed with a strong support structure and surrounded by people who build them up with. This market is tough for everybody; imagine going it alone!

This transition we are all encountering is truly teaching us a life lesson and it is not about finances. The shedding has begun, those who believe in you will be the ones who are around at the end of this turmoil.

Unfortunately, with shedding comes painful realization that some of the relationships you counted on are going to fade into the sunset. Why, because for many around us it easier to bury their head in the sand then to reach out and build you up. Not because they don't care about you, but rather they have not walked in your shoes and are incapable of understanding what you are losing. Your pain does not fit into their life. You have to cut back on socializing, shopping and your focus is on survival. You may have become a not so fun person to be around, but that is not your problem. This is theirs!

Losing a home, struggling financially and then adding the stress of realization that you are alone in this struggle is heartbreaking. For singles, the highlight of owning a home is equal to those to those mega life events, such as having a child. I said it, when a single owns a home, it becomes their baby! Yes, it just a building, but we all know what home ownership stands for and for singles this is especially important. So imagine how they feel when they are losing it. The same is to be said about their relationships.

Now that I have totally depressed you, it is important to understand this shedding that happens when life takes you down a difficult road is something that has to happen. Your heart is broken, but that does not mean you are broken. We've heard it before, tough situations don't last, tough people do. But I don't want you to be tough, you are not wrong to depend on people or to be sad about your life unraveling. However, being tough cannot equal building a wall around your heart.

So what do we do, we trust, we forgive, we build! You notice I put WE in there. Because you are not alone. This life challenge is taking you down a road to find who is really there for you. Focus on that with an expectant heart because good things are to come. Remember, people are going to break our heart, life is going to be tough, success comes with loving it anyways.

Make Sure To Hug Those Single Mom's Today!

Sun, 10 May 2009 13:47:36 -0500

Hey Gang

As this group is designed to help single homeowners, I hope each of us take a moment today and think about the single mom's out there who are both homeowners and desire to be a homeowner. I am a strong believer that both demographics are pretty special for their accomplishment and desire.

The numbers are not pretty these days for single women in general so as a group I hope our goal is not just to sell to them, rather help their success!

Happy Mother's Day, Single Mom's

Kel

Realtors before you cut back on marketing, ask, is there a way I can expand my efforts and reduce cost?

Wed, 06 May 2009 14:53:07 -0500

In today's real estate environment Realtors are struggling with how to expand or even keep up with their marketing and find a way to save cost. Two key ares Realtors focus on are:

How to satisfy the needs of the Home Seller without having to spend thousands of dollars in advertising in Local Newspapers and/or Home Magazines. Competing with other Realtors.
Building a online Brand that potential home buyers and home sellers can find that brings in Real Leads without spending a fortune to lead generation companies.

Realtors and Small Business Owners in general know the key to getting people in the door is to get their name out their. However, the first aspect of the budget cut in tough times is advertising without asking the question, is there a way I can actually expand my marketing and advertising and still cut expenses? The answer is of course, It's Possible!

This can be done by first creating a marketing plan that ensures your Brand tells a consistent story. Does it motive the community you are trying to sell to? Once you have that, you can start with a simple blog, that is free, just like this one. The investment here is time.

The next question is to ask is how am I going to drive traffic? Of course the more you blog with consistency your brand will build organically. However, to get real traffic to your door some advertising must be considered. I recommend taking advantage of Social Networking sites such as Facebook, Myspace, Boomj and Activerain. This will all help in building your online brand and again it can be done for Free! Time is the only thing it is going to cost you.

Now that you have taken care of the Free aspects, look at what we have saved. No web-site cost, No print advertising cost, which we will estimate at $500.00 a month. Though many Realtors now they are paying much more then that and why many Small Business Owners avoid it.

The next step is to look at what expense you are willing to pay to get your name out there? Do you think spending less then $100.00 a month is worth it? Remember we just saved you $500.00. Your answer should be, depends on what I am getting? So if you could get the following would you find it valuable?:

Business Details Listing
Blog or Website Link
Featured Business Status
Ability to upload multiple photo's to gallery
Target your ad to 10 Zip Codes (sounds like farming)
2 Key Word Search Terms
Ability to create or upload coupons
Ability to upload and show videos
Your listing pushed out to the web and displayed on the biggest websites, search engines and social networks of the Internet (targeted to the consumers location).

This is possible, contact Kelly to see how. Better yet, if you act now, we currently have a promotional package that gives you approximately 10 months of advertising, up to 50 zip codes for less then $20.00 a month. But you have to act today, this promotion expires soon.

A Home Died Today - Are lenders stepping up or back?

Wed, 22 Apr 2009 13:09:58 -0500

Ok, I will start out with full disclosure. I am frustrated to no ends with Ocwen, I am working with for a client on a short sale. Unfortunatly, the lender decided to go to Auction/Sale on this short sale with 1 good offer in hand and 3 strong ones behind it. Makes no sense to me, much less my client!

I get sometimes that hard decisions need to be made. But what I don't get is when stupid (yes, I said stupid) decisions are made due to a lack of interest or that it can't be fit into a process. Maybe that is because we are calling India to get answers these days from Lenders. Sorry, side note, but don't you think some unemployed americans would be willing to work a graveyard shift and a homeowner would feel more comfortable talking with someone who had a vested interest in getting their issues resolved.

I am sure their are millions of stories based on the frustration that we as a community are feeling with lenders. I ask the question today, why are we putting up with it. I am amazed and shocked at the service we receive. We understand the questions to ask, just think what homeowners get when they are trying to get answers.

We as Realtors are the backbone and the driving force behind success with these distressed situations! But do you think lenders feel that way? When was the last time a lender called you to give you an update on a short sale? How much paperwork have you resubmitted and resubmitted, due to their inability to keep a file together. How many times have you spoken to a customer service person that is rude, trained only in providing yes and no answers. How many times have they countered a buyer or buyers to get the best offer, How many buyers have walked away due to delays, no responses, etc.

Do you see anyone going out of their way to resolve these issues? I do and it is us Realtors! Unfortunatly, I don't see much progress being made with Lenders to look at us as Partners. Maybe we should stop handling short sales, let the lenders handle the marketing, showings, staging, cleaning, crying, the list goes on and on.

My goal is not to put a further drag on the emotions of Homeowners or Realtors going through the hurdles of getting these transactions closed. Personally, I am not sure I have the stomach for it. I would like to see companies, associations take a more proactive approach with Lenders to develop win/win solutions that help Homeowners and yes, Realtors. How many of us would like to be able to count on a commission check when dealing with a short sale. Better yet, how many of us have counted on a commission check, only to see it cut or gone as the deals fall through?

Looking forward to your shared thoughts!

Kelly Turbeville is one of South Orange County premier Real Estate Advisors focusing in the Saddleback Valley and the communities of Lake Forest, Portola Hills, and Foothill Ranch. Whether she's helping a first time buyer accomplish the goal of homeownership, or coaching a homeowner on venturing into real estate investments, Kelly is committed to making it happen! For Kelly, it has never been just about selling you a house! Her success comes from developing a business that is a trusted place to turn to when you need anything Real Estate!

It's Possible!

The above information is provided as an opinion and is deemed reliable but not guaranteed.

Rent vs. Buy, California Association of Realtors publishes detailed analysis

Wed, 08 Apr 2009 20:20:04 -0500

Are you a renter and considering buying a home, but often wonder how the tax savings, cost of owning a home vs. renting all come together to make it happen. The California Association of Realtors just released a great resource that will help make sense of it all.

http://www.car.org/economics/currentresearch/2009rentversusbuyanalysis/

Should you have any questions, regarding if buying home is right for you, please do not hesitate to contact Kelly.

California Association of Realtors is ready to help First-Time Home Buyers with job fears!

Wed, 01 Apr 2009 00:09:51 -0500

Did you hear the news today, first-time home buyers, the California Association of Realtors, yes that is us Realtors, understands one of the major hurdles you have towards purchasing your first home is security with your job. With that hurdle in mind, a new program was been introduced.

The program is called the C.A.R. Housing Affordability Fund Mortgage Protection Program (C.A.R.H.A.F. MPP) and provides first-time home buyers who lose their jobs due to layoffs may be eligible to receive up to $1,500 per month for up to six months to help make their mortgage payments. A qualified co-buyer also can participate in the program, for a reduced monthly benefit of $750 per month for up to six months in the event of a job loss. Program benefits also include coverage for accidental disability and a $10,000 death benefit. C.A.R.'s Housing Affordability Fund is dedicating $1 million to the program this year, and estimates that as many as 3,000 families will benefit from the program throughout 2009.

To qualify for the Mortgage Protection Program, applicants must:
. Be a first-time home buyer - someone who has not owned a home in the last three years
. Open escrow April 2, 2009, or later, and close on or before Dec. 31, 2009
. Use a California REALTOR® in the transaction
. Purchase the property in California
. Be a W-2 employee (cannot be self-employed or military personnel)

OK, are you paying attention, that is unheard of security, for the one thing that is probably holding you back the most. What else could be, home pricing is down to 2003 levels, interest rates are down to historic levels, you have the opportunity to receive a $8000.00 tax credit plus and banks are opening up their credit lines. Now is the time buy!

The next step is to find a Realtor who works with First-time buyers and understands your hesitations but more importantly understands your ultimate goal to buy your first home. A Realtor who's business plan includes first-time buyers, is willing to pound the pavement with you, hold your hand and ensure you have a clear understanding of what is required to make your dream become a reality.

Kelly Turbevilleis a leading real estate professional in the Saddleback Valley, who's passion is working with First-Time Buyers. There is nothing better then handing a first time home buyer the key's to their first home. Should you be considering taking the steps towards home-ownership, then give Kelly a call, she is a trusted source to turn to.

The above information is deemed reliable but not guaranteed

The importance of keeping local dollars in your Community

Thu, 26 Mar 2009 11:14:06 -0500

When you come through Portola Hills, you probably don't think of business. That is part of what makes Portola Hills such a special place to live, there really isn't any commerce. But is there.....

Ask yourself?

What do your neighbors do for a living?
How does their success add to the success of your neighborhood?
Do you have a need that a struggling neighor could help you with?
Did you know your neighbor has a home based business that may actually help you and your business.
Need an Attorney, Landscaper, Hair Stylist, Let's not forget Realtor! - bet there are few of those here in Portola Hills that would love your call.

Have you noticed in today's world everyone comes home and drives straight into their garage, no hello's, no hand shakes, no hugs, the goal being in and out of the home with as little interaction as possible. No ill-will intended just gotta get dinner going!

But in today's economy this is the exact opposite of what we all need to do. We need to understand what our community needs and how we can assist in keeping it such a great place to live. This ecomomy is touching eveyone, not just the local store on the corner. It has touched, the Avon Lady, Landscaper, Consultant probably more then most as they are self employed and have little help to turn to.

So next time you think of a need, maybe consider looking out the door or asking a neighbor if they know someone who could help. Better yet, check out our local blog or LocalAdLink.com. Have a business you want to advertise, let us know and we will include a link right here Portola Hills Living and do a write on your business.

Since your are reading this article, by now you know, my passion is Real Estate. The reason I went into real estate is I love the idea of communities and helping homeowners become part of one. Recently, I decided to take that involvement another step and help local business expand their business on line. Should you have a home based business, store front or service business and are a resident of Portola Hills, contact us to see how we can help you expand your business and ultimatly keep local dollars in Portola Hills.

28386 Pueblo Dr, Portola Hills - Buyer's the bank is waiting for you

Wed, 18 Feb 2009 19:58:37 -0600

Buyer's looking for a home that offers all this and is ready to go. Tired of dealing with short sales that do not close, then make sure to contact us on this listing. WE HAVE BANK APPROVAL!

Kelly Turbeville is one of South Orange County premier Real Estate Advisors focusing in the Saddleback Valley and the communities of Lake Forest, Portola Hills, and Foothill Ranch. Whether she’s helping a first time buyer accomplish the goal of homeownership, or coaching a homeowner on venturing into real estate investments or helping a client review their mortgage options, Kelly is committed to making it happen! For Kelly, it has never been just about selling you a house! Her success comes from developing a business that is a trusted place to turn to when you need anything Real Estate!

It’s Possible!

The above information is provided as an opinion and is deemed reliable but not guaranteed.

Portola Hills Open House - 28386 Pueblo Dr.

Sun, 11 Jan 2009 13:21:47 -0600

Looking for a home which is has 3 bedroom, 3 bath, 2 car garage and nice size yard, welll then you will want to stop in and check out this listing in Portola Hills which will be open today.

Portola Hills is a beautiful neighborhood consiting of amazing views from the Saddleback Mountains to the Pacific Ocean. So as you drive around the neighborhood make sure to check out a few of these spots.

Beautiful entrance into Portola Hills.

A place where the clouds are often reachable!

Concourse Park what a beautiful setting for your kids to play around!

The perfect way to end the day in Portola Hills.

Kelly Turbeville is one of South Orange County premier Real Estate Advisors focusing in the Saddleback Valley and the communities of Lake Forest, Portola Hills, and Foothill Ranch. Whether she’s helping a first time buyer accomplish the goal of homeownership, or coaching a homeowner on venturing into real estate investments or helping a client review their mortgage options, Kelly is committed to making it happen! For Kelly, it has never been just about selling you a house! Her success comes from developing a business that is a trusted place to turn to when you need anything Real Estate!

It’s Possible!

The above information is provided as an opinion and is deemed reliable but not guaranteed.

28386 Pueblo Dr - Just Listed by Kelly Turbeville!

Sun, 04 Jan 2009 23:01:41 -0600

Looking for a new place to call home in South Orange County? Then you will want to check out this new listing as it is lonely and ready for someone to make it a home!

Kelly Turbeville is one of South Orange County premier Real Estate Advisors focusing in the Saddleback Valley and the communities of Lake Forest, Portola Hills, and Foothill Ranch. Whether she’s helping a first time buyer accomplish the goal of homeownership, or coaching a homeowner on venturing into real estate investments or helping a client review their mortgage options, Kelly is committed to making it happen! For Kelly, it has never been just about selling you a house! Her success comes from developing a business that is a trusted place to turn to when you need anything Real Estate!

It’s Possible!

The above information is provided as an opinion and is deemed reliable but not guaranteed.

Portola Hills 2008 Real Estate Recap!

Sun, 04 Jan 2009 22:51:46 -0600

Wondering how the Portola Hills Real Estate Market closed out in 2008. This is your look. There was good and bad but I am sure you are like most, looking forward to a new year. But when it comes to real estate we can't move forward without understanding where the past has left us so this report was designed with that in mind. Enjoy!

Kelly Turbeville is one of South Orange County premier Real Estate Advisors focusing in the Saddleback Valley and the communities of Lake Forest, Portola Hills, and Foothill Ranch. Whether she’s helping a first time buyer accomplish the goal of homeownership, or coaching a homeowner on venturing into real estate investments or helping a client review their mortgage options, Kelly is committed to making it happen! For Kelly, it has never been just about selling you a house! Her success comes from developing a business that is a trusted place to turn to when you need anything Real Estate!

It’s Possible!

The above information is provided as an opinion and is deemed reliable but not guaranteed.

Portola Hills eNews - November 08

Sun, 09 Nov 2008 23:15:25 -0600

Portola Hills eNews

New On the Market	Property Details	Price	Comments
18921 Canyon Hill	2 bed/1 bath/880 sq.ft.	$199,000	These condo’s
19605 Agria Way	2 bed/1 bath/1015 sq.ft	$250,000	Are all priced
19387 Cascade Dr.	3 bed/ 3 bath/1255 sq.ft.	$352,900	Under Mkt
28465 Klondike	3 bed/3 bath/1255 sq. ft.	$358,000	Investment Potential
Sold Properties
29011 Canyon Ridge	2 bed/2 bath/908 sq.ft.	$305,000
19826 Canyon Smt.	3 bed/2 bath/975 sq.ft.	$275,000
19801 Meadow Ridge	2 bed/2 bath/940 sq.ft.	$279,000
28474 Porsena Way	2 bed/2 bath/940 sq.ft.	$295,000
19372 Cascade Dr.	3 bed/3 bath/1303 sq.ft.	$359,000	Someone got a steal!
19036 Canyon Terrace	3 bed/3 bath/1297 sq.ft.	$382,000
28331 Millwood Rd.	5 bed/3 bath/3230 sq.ft.	$800,000

Portola Hills Mello Roos - Wonder what the maturity dates of the mello roos bonds in the area are:

S2 Mello Roos – Current bond is schedule to mature 2016
R3 Mello Roos – Current bond is schedule to mature 2015
Q1 Mello Roos – Current bond is schedule to mature 2011

One thing to keep in mind w/Mello Roos bonds they have individual terms and though the maturity dates could continue further. Example – The S2 Mello-Roos has no specified end date, however the bonds that have been issued thus far are scheduled to mature in 2016. The district has not yet issued up to the maximum authorized amount of bonds which means they could issue more bonds if they see a need and Mello-Roos could continue until all authorized bonds have been issued and are paid off.

When attending the Community update of the Portola Hills Center it was mentioned that the new development may help in reducing these bonds for current residents as they would spread over the new development.

Portola Center Update: Wondering what is the next phase of the development is? I had a quick conversation with the developer to see what the status was and he noted the following:

“We are in the process of preparing the next round of plans for Portola Center, which include an Area Plan and subdivisions maps. We hope to submit these plans to the City in about a month. Based on these plans the City will have to prepare an Subsequent EIR evaluating the environmental impact of the proposed plans. That process should take about 9 months”

Have Loan Modification Questions? We are hosting a webinar 11/12 to help you learn more about the possibilities. Check it out from the comfort of your own home! Contact Kelly to reserve your reservation link.

Kelly Turbeville is one of South Orange County premier Real Estate Advisors focusing in the Saddleback Valley and the communities of Lake Forest, Portola Hills, and Foothill Ranch. Whether she’s helping a first time buyer accomplish the goal of homeownership, or coaching a homeowner on venturing into real estate investments or helping a client review their mortgage options, Kelly is committed to making it happen! For Kelly, it has never been just about selling you a house! Her success comes from developing a business that is a trusted place to turn to when you need anything Real Estate!

It’s Possible!

The above information is provided as an opinion and is deemed reliable but not guaranteed.

Portola Hills Elementary School Boutique - Support the School!

Thu, 30 Oct 2008 00:45:31 -0500

Portola Hills Elementary is holding it's annual Holiday Craft Boutique and it is a community event that should not be missed.

When Oct: 28th - 11 am - 6pm.

Location: Portola Hills Elementary in the Multi-Purpose Room

Stop in, meet up with friends, get some early christmas shopping done all while supporting the school.

Kelly Turbeville is one of South Orange County premier Real Estate Advisors focusing in the Saddleback Valley and the communities of Lake Forest, Portola Hills, and Foothill Ranch. Whether she’s helping a first time buyer accomplish the goal of homeownership, or coaching a homeowner on venturing into real estate investments or helping a client review their mortgage options, Kelly is committed to making it happen! For Kelly, it has never been just about selling you a house! Her success comes from developing a business that is a trusted place to turn to when you need anything Real Estate!

It’s Possible!

The above information is provided as an opinion and is deemed reliable but not guaranteed.

Economy Hitting Single Women Hard!

Thu, 23 Oct 2008 01:00:02 -0500

Received this great information on the how the current Economy is impacting Single Women and the numbers are surprising. For more detailed information, check out one of my favorite web-sites www.WVWV.org

Make sure the person and or people you are voting for in your community are taking these figures into account. Personally, I think little has been spoken about Singles and if there has been any discussion it is not normally with Single Women. Yet is is a huge demographic that should not be overlooked.

Income:
Unmarried women earn only 56 cents for every dollar that married men make. [Center for American Progress, 4/25/08]
According to analysis of data from the Panel Study of Income Dynamics for individuals 25 to 61 years old, female-headed households have twice the likelihood – 13.5% - of seeing a 50% greater drop in their income than male-headed households’ probability – 6.6% - of such a drop. The probability of a major income drop for female-headed households has risen in the last two recessions. [“Taking a Toll: The Effects of Recession on Women,” Prepared by the Majority Staff of the Committee on Health, Education, Labor and Pensions, 4/18/08]Jobs:
Single mothers’ unemployment rate rose from 6.7% in March 2007 to 7.1% in March 2008 – eclipsing the national average. [“Taking a Toll: The Effects of Recession on Women,” Prepared by the Majority Staff of the Committee on Health, Education, Labor and Pensions, 4/18/08]
Retirement Security:
Single women estimate needing a median amount of $500,000 by the time they reach retirement. However, more than one-third report that they have saved less than $25,000 for retirement, while only one in 10 report having saved more than $100,000. Only 69% of single women who work full-time report that their current employer offers them a 401(k) plan. Sixty-four percent of single women who work part-time have no retirement benefits offered to them by their employer. [Ninth Annual Transamerica Retirement Survey, 9/17/08]Savings:
Female-headed households are at a distinct disadvantage in recessions because they have fewer savings to draw upon. In an analysis by Harvard Professor Mariko Chang of the net worth of all unmarried women, he found that their median net worth was $12,900 – less than half the $26,850 for unmarried men. He found that the wage gap is the primary cause of this inequality of wealth – accounting for 39% of the disparity for never-married households and 18% of the disparity for divorced households. [“Taking a Toll: The Effects of Recession on Women,” Prepared by the Majority Staff of the Committee on Health, Education, Labor and Pensions, 4/18/08]

Bankruptcy:
Single women are the most likely demographic group to file for bankruptcy and comprise 40% of all bankruptcy filings. Single women with children are even more likely to file for bankruptcy, at an estimated rate of 21 out of every 1000 families. [Dunleavey, M.P. , “Seven Ways to Fight Off Bankruptcy,” MSN Money]Poverty:
More than half of all poor adult women - 54 percent - are single with no dependent children.
Twenty-six percent of poor adult women are single women with dependent children [“The Straight Facts on Women in Poverty,” Center for American Progress, 10/08]Housing:
About 43 percent of single women were using more than 30 percent of their income each month on housing payments, compared to the 30% of unmarried men and 25% of married couples who were spending more than 30 percent. [Joint Center on Housing at Harvard University]
Single women have been among the fastest-growing groups of homeowners in recent years. In Baltimore, single women accounted for 40% of home sales in 2006, twice the national average. Nearly half of these mortgages were subprime, according to the National Community Reinvestment. [New York Times, 1/15/08]

Remember, if you have a Single Friend in need of help, we want to help here.

One area we can make an impact in is in the Foreclosure rate, if you currently own a home and want advice on how to keep it, contact Kelly today. A Loan Modification may just be the thing to help you save your home and Kelly has added this to her business services with Singles in mind.

Kelly Turbeville is one of South Orange County premier Real Estate Advisors focusing in the Saddleback Valley and the communities of Lake Forest, Portola Hills, and Foothill Ranch. Whether she’s helping a first time buyer accomplish the goal of homeownership, or coaching a homeowner on venturing into real estate investments or helping a client review their mortgage options, Kelly is committed to making it happen! For Kelly, it has never been just about selling you a house! Her success comes from developing a business that is a trusted place to turn to when you need anything Real Estate!

The above information is provided as an opinion and is deemed reliable but not guaranteed.

Lake Forest Ranked 1st as Orange County Hottest Housing Market

Tue, 14 Oct 2008 23:26:24 -0500

I found this fascinating article today:

The number crunchers at Real Estate Economics in Irvine have their third-quarter local housing market rankings out. The results parallel what we’ve been reporting: Strength has moved inland!Lake Forest called O.C.’s hottest housing market - Lansner on Real Estate - OCRegister.com, Oct 2008

Kelly Turbeville is one of South Orange County premier Real Estate Advisors focusing in the Saddleback Valley and the communities of Lake Forest, Portola Hills, and Foothill Ranch. Whether she’s helping a first time buyer accomplish the goal of homeownership, or coaching a homeowner on venturing into real estate investments or helping a client review their mortgage options, Kelly is committed to making it happen! For Kelly, it has never been just about selling you a house! Her success comes from developing a business that is a trusted place to turn to when you need anything Real Estate!

It’s Possible!

The above information is provided as an opinion and is deemed reliable but not guaranteed.

Portola Hills eNews & Market Update

Thu, 09 Oct 2008 11:41:20 -0500

Portola Hills eNews 10/6

New On the Market	Property Details	Price	Comments
28890 Canyon Hghts	2 bed/2 bath/1087 sq.ft.	$199,000	Investment Potential
28442 Klondike Dr.	3 bed/3bath/1303 sq.ft.	$369,000	Ditto!
28662 Camelback Rd.	3 bed/3 bath/2200 sq.ft	$675,000
19672 Torres Way	4 bed/ 3 bath/3350 sq.ft.	$850,000
19161 Red Bluff	5 bed/ 3 bath/ 3100 sq.ft	$879,000
19031 Willowbrook	4 bed/3 bath/2600 sq.ft	$949,000
Sold Properties
28477 Klondike Dr.	2 bed/2.5 bath/1152 sq.ft.	$310,600
28426 Yosemite Dr.	2 bed/2 bath/1015 sq.ft.	$305,000
19595 Agria Way	2 bed/2 bath/1105 sq.ft.	$270,000
19045 Canyon Cove	3 bed/3 bath/1300 sq.ft.	$380,000

What is Loss Mitigation? It allows for Negotiations on your behalf with your lender. This is not a new loan and won’t change your home title. It’s the process of engineering a solution for both the Homeowner and Lender.

But it is not as simple as a phone call to your lender, if you have tried to go to them for help then you understand. The process is made possible by a deep understanding of Lending guidelines, Lender protocol and procedures, knowledge of State and Federal laws and regulations; focusing on the goal to secure more affordable terms for the homeowner while managing the risk and losses of the Lender.

Kelly is pleased to announce she is an affiliate of TVC Financial. TVC is a financial services company out of San Diego who has helped hundreds of homeowners each month solve their mortgage problems through restructuring and debt resolution.

Should you have concerns with your current mortgage make sure to call Kelly to review your possibilities! Homes are saved everyday!

Buyer Needs: I have several buyers looking for homes and have seen everything fitting their needs currently on the market but to no avail. They are not interested in buying a short sale property (which is the primary number of properties on the market), so if you are considering selling your home, please contact Kelly ASAP.

Kelly Turbeville is one of South Orange County premier Real Estate Advisors focusing in the Saddleback Valley and the communities of Lake Forest, Portola Hills, and Foothill Ranch. Whether she’s helping a first time buyer accomplish the goal of homeownership, or coaching a homeowner on venturing into real estate investments or helping a client review their mortgage options, Kelly is committed to making it happen! For Kelly, it has never been just about selling you a house! Her success comes from developing a business that is a trusted place to turn to when you need anything Real Estate!

It’s Possible!

The above information is provided as an opinion and is deemed reliable but not guaranteed.

Single Home Owners - Distressed - Who are you turning to?

Thu, 09 Oct 2008 00:06:21 -0500

Anyone who follows my blogs, know I have a special affinity towards Singles who own Real Estate. Why, because I believe singles are over looked in the market place yet they are a force that is changing the face of the market. I also believe being a single homeowner is a great achievement. Think about it, you have been able to accomplish something that many who have dual incomes, etc have not. But I also know many single homeowners have a different set of anxieties that go along with being a "Single" Homewoner.

Yet, in today's market I come across many Single Home Owners who are feeling fearful, lonely, lost, and looking for solutions that will help them keep their dream alive.

If you are a single homeowner who is in a distressed situation, here are a couple of links you will want to check out.

Finally, if you are looking for a safe place to review your options please feel free to contact Kelly. There may be a possibility of saving your home through Loan Modification.

What is loan modification?

It allows for negotiations on your behalf with your lender. This is not a new loan and won’t change your home title. It’s the process of engineering a solution for both the Homeowner and Lender.

Everyday homes are saved. Remember, It's Possible!

Kelly Turbeville is one of South Orange County premier Real Estate Advisors, focusing in the Saddleback Valley and a professional the community trust. Whether she’s helping a first time buyer accomplish the goal of homeownership, coaching a homeowner on venturing into real estate investments or helping a client review their Mortgage Options, Kelly is committed to making it happen! For Kelly, it has never been just about selling you a house! Her success comes from developing a business that is a trusted place to turn to when you need anything Real Esta

The above information is deemed reliable but not guarenteed.

If owning a home is not all the important then why all the anxiety?

Tue, 30 Sep 2008 15:12:16 -0500

The answers lie within the fact that your home, yes is an aspect of financial security, but more importantly represents a life! So as with any loss, comes profound sadness and high anxiety.

Many are living in quiet desperation, realizing that something has to give, but loosing your home, represents more then moving, so we try to hold on. Trying to deal with increased Interest Rates or Monthly Payments, Negative Equity, Lower Property Values, looming Mortgage Resets, living on Credit to make ends meet and it all becomes a vicious cycle.

So where do you turn, many decide just to walk away. Others search for answers, realizing loosing their home is more then just finding a new place to live rather the need to take a positive step towards rebuilding security.

There is a light at the end of the tunnel. Help is out there and you might be a perfect candidate for a Loan Modification through Loss Mitigation.

What is Loss Mitigation? It allows for Negotiations on your behalf with your lender. This is not a new loan and won’t change your home title. It’s the process of engineering a solution for both the Homeowner and Lender.

Trust there are possibilities, HOMES are saved everyday!

Kelly Turbeville is one of South Orange County premier Real Estate Advisors focusing in the Saddleback Valley and the communities of Lake Forest, Portola Hills, and Foothill Ranch. Whether she’s helping a first time buyer accomplish the goal of homeownership, or coaching a homeowner on venturing into real estate investments or helping a client review their mortgage options, Kelly is committed to making it happen! For Kelly, it has never been just about selling you a house! Her success comes from developing a business that is a trusted place to turn to when you need anything Real Estate!

It’s Possible!

The above information is provided as an opinion and is deemed reliable but not guaranteed.