mls: Reading a Property Profile / Preliminary Title Report in Temecula - 06/06/12 09:55 AM
Reading a Property Profile / Preliminary Title Report in Temecula
Any Investor or potential home buyer of Temecula real estate should become familiar with the Property Profile and Preliminary Title Report (PTR) to avoid problems prior to closing escrow when purchasing a new home.
The Property Profile is readily available as a quick download when using the MLS or Title Company portal.  Our local MLS has a link, through the APN number for a service known as ReaList. Every REALTOR worth their salt has access to both ReaList and at least one Title Company portal.  In many cases much of the … (0 comments)

mls: Investor Special - Look What You can Buy for Under $50,000 in the Hemet - San Jacinto Valley - 07/24/11 10:16 AM
Wow... a Single Family Home for Under $50,000...only $45,000 to be exact!  That's right it's almost 1,100 sq ft and includes 2 bedrooms, 2 baths, an attached garage and even a covered carport and covered patio in the back yard.
 
The new listing for sale is just hitting the MLS today, and already there is excitement from the investor community.  I have one savvy buyer looking for a great investment property who is looking to leverage her own resources with hard money, or as it is more commonly known today - as 'Private Money'.
 
The seller is a bank … (2 comments)

mls: What Can You Buy for a Million Bucks? - 01/17/10 03:55 AM
I have said for a long time that the Hemet - San Jacinto CA real estate market is one of the most affordable in the country and that a buyer with $200,000 could buy just about anything we have listed in our local MLS.So I got to thinking, what could a million bucks buy in different markets across the country?  so, I jumped over to Zillow to do some research and check out what I found. with a search criteria of $950,000 to $1,25,000...
 
HEMETUnfortunately, there is nothing in this field in the local Hemet - San Jacinto real estate … (9 comments)

mls: Power to the People: RESPA Rules Change on January 1, 2010 - 01/01/10 06:57 AM
The Dawn of a New Decade brings the Dawn of Consumer Rights When Shopping for a MortgageJanuary First is typically a day when many new laws across the land become effective...and this year is no different.  The Department of Housing & Urban Development made one very important change to the Real Estate Settlement Procedures Act of 1974 law that is known as RESPA in the industry is now mandating that ALL mortgage lenders provide the consumer with the same information in the same format.There is no doubt that this is too little too late for the homeowners who are currently at … (77 comments)

mls: San Jacinto,CA Market Analysis – Distressed Listings - 2007 - 2009 - 12/28/09 04:54 AM
The San Jacinto Real Estate Marketplace has been dominated with Distressed Properties.  Unfortunately,  the data is not very accurate, because until recently many Short Sales were not reported in a search-able field in the MLS as a Short Sale.By looking at this data you can see that this market peaked in the number of listings over a year ago.
 

By looking at this next chart you will see how quickly bank owned REOS have sold in comparison to Short Sales in the San Jacinto, CA real estate marketplace.
(3 comments)

mls: Where Have All the REO Listings Gone - 12/28/09 01:20 AM
Winding doen 2009 and looking forward to the future you have to know where you have been if you want to know where you are going.Planning my marketing and business plan for 2010, as an REO Listing Agent, I have taken the opportunity to examine how many REO Listings we (as a market - not my personal production) have had assigned just in the city of San Jacinto, CA, going back to January 1st, 2007.

By looking at the above chart it is apparant that from May of 2008 through May of 2009 that there was more than enough business … (8 comments)

mls: San Jacinto CA Real Estate - 2005 thru 2009: List Price vs. Sold Price - 12/27/09 04:47 PM
The San Jacinto REal Estate Market has seen a steady decline over the last 5 years.  For the most part, the List Price and Sold Price
 
When looking at the number of listings that have come on the market over the past 5 years you can see that we have sold an awful lot more of our inventory than we have replenished
The CURRENT ACTIVE INVENTORY in SAN JACINTO, CA consists of ONLY 228 ACTIVE Listings of which only 50 are REO Bank Owned homes for sale, per the MLS as of the time of the writing of this article.  … (0 comments)

mls: Repeat Buyer Search Criteria for 2010 Planning - 12/23/09 02:38 AM
Well, I came up with an idea yesterday for creating a new niche in the Hemet - San Jacinto Real Estate marketplace - one that I believe no one is targeting.  You can read the general outline of this untapped market at the article I published, called - 2010 - Creating a New Niche in the Hemet - San Jacinto Valley, CA Real Estate Marketplace.Well, this has been consuming brain cells in the back of my brain and with some simple playing around this morning - I have figured out how to identify those who fall into this market...and it was … (6 comments)

mls: Not All Short Sales Are Created Equal - 12/07/09 06:09 AM
Short Sales:  Keys to SuccessShort Sales have certainly changed the real estate landscape in the Hemet - San Jacinto Valley, CA over the last several months.I first started listing Short Sale listings in the MLS in the Spring of 2007, in the local Hemet - San Jacinto Valley, CA area.  At the time, short sales were few and far between as the masses were still speculating if there was a housing bubble or not.Since then, I have learned there are four key elements that further the odds of a successful Short Sale listing, in the MLS.SELECTION:  While there are many homes … (1 comments)

mls: Short Sale Tools...where Do I Turn? - 12/03/09 10:41 AM
OK, I have now written two posts about Short Sales in the last 24 hours...because once again I am a bona fide short Sale Listing Agent.  Granted, I may be rusty, after being away from this side of the business in Hemet - San Jacinto, Ca for over 2 years now.Yesterday I got the call from a seller and decided to help them (I hope I help them).  I had a pretty good idea of what needed to be done, from my previous experience...but I have changed brokers since then and all of my marketing material that I have stored somewhere … (4 comments)

mls: INVESTORS- The Dirty Dozen Pre-Qual Questions...and then some - 11/30/09 03:11 AM
As an REO Listing Agent, specializing in the local market of Hemet and San Jacinto, CA  bank owned (REO) real estate, my listings generate a lot of activity in the real estate investment world.Real Estate Investors are unlike first time buyers.  They should never be emotionally attached to any single transaction; for the real estate investor it is all about the numbers and what makes sense.  Whereas the first time home buyer or even the repeat buyer, is looking for a place to call home and raise a family.  The good news is the Hemet - San Jacinto Valley has plenty … (14 comments)

mls: How To Find Investor Buyers for Bank Owned Listings - 11/29/09 04:21 PM
How To Find Investor Buyers for Bank Owned ListingsAs an listing agent of Bank Owned Homes (REO) my job is multi-faceted from securing a property, cleaning it up for resale, generating reports to help price the property and the ultimately listing the home in the MLS and selling the property with a successful close of escrow.As a listing agent, I rely on many traditional marketing methods to help sell the homes, as quickly as possible for the most amount of money for my seller client and the least hassle for my staff and I (as well as my client).Ideally, I want … (5 comments)

mls: Prelisting Opportunity - 42079 Levi Ct, Hemet CA 92544 - 11/29/09 04:58 AM
Prelisting Opportunity - 42079 Levi Ct, Hemet CA 92544
Here is a great newer bank owned REO home, built in 2006, located close to the California Distinguished Scholl, Hemet High School.  Enjoy the short video...

This 1850 sq ft semi-custom home is built near the end of a cul-de-sac on a 7,405 sq ft lot that still needs rear landscape. 
The home itself is very clean - left in near move-in condition.  The rooms are large and it has a really great feel to it. 
PRE MARKETING STATUSThis home is NOT yet listed on the MLS, because we just … (0 comments)

mls: SAN JACINTO, CA | MARKET SNAPSHOT | SHORT SALES GATHER STEAM - 11/23/09 10:24 AM
The tides are changing in the local San Jacinto, CA real estate market as short sales take on a greater number of closed escrows each month, over the past 12 month period (November, 2008 thru October, 2009).Prior to June, 2009 the most Short Sales to close escrow in a month was 6, in April.  December and January saw 4 and 5, respectfully and November, February and March only saw either 2 or 3 closed short sales.  June reached the level of 8 closed short sales in a single month and after that we have been in double digits every month...with an … (4 comments)

mls: SAN JACINTO, CA | REO/BANK OWNED | 12-MONTH MARKET REPORT | LIST vs. SOLD - 11/23/09 09:51 AM
The Housing crises is no stranger to San Jacinto, CA, located in the Inland Empire region of Southern California (Riverside County & San Bernardino County), one of the hardest hit in the entire country.The market has been dominated by the sale of bank owned real estate with 80% of all closed transactions reported to the MLS have been bank owned - or 1,202 of the 1,501 sales that closed escrow in the last 12 months (November, 2008 thru October, 2009).
         
Although there are numerous ways to look at and consider these numbers, I am not trying to be philosophical … (2 comments)

mls: San Jacinto, CA | Market Report | List vs. Sold | 12 Month Snapshot - 11/23/09 09:14 AM
San Jacinto, CA at the north end of the Hemet - San Jacinto Valley has been one of the hardest hit areas in the country when it comes to foreclosures and the loss of value in residential real estate.  For those who review the data on a national level, the Hemet - San Jacinto Valley is in the Southern California Region known as the Inland Empire which consists of San Bernardino and Riverside Counties.The MLS data shows that there have been 1,841 homes added to our inventory over the past 12 months (November 2008 thru October 2009) of which 1,501 homes … (0 comments)

mls: CAUTION: How To Scam a REALTOR® & Gain MLS Access is Circulating on the Internet - 11/22/09 01:52 PM
Hello fellow REALTORS® and Real Estate Agents.  This is a post Urging EXTREME CAUTION.  Please Re-Blog and Let as Many Know about this as Possible.
As an REO Listing Agent I belong to several different sites with resources for real estate investors and as a result, I receive numerous web based newsletters, sent to my email box almost daily.  While most of the information is relevant and helps me with my real estate business as I work and sell my listings to real estate investors in the Hemet - San Jacinto, CA Valley...every now and then I get a good chuckle...and every now … (50 comments)

mls: San Jacinto, CA MARKET REPORT: SOLDS | 10/1/2009 - 10/31/2009 | VIDEO - 11/22/09 03:45 AM
Once again it is time to take a look at the Closed Sales for San Jacinto, CA.  For this report, I'll be looking at the entire month of October, 2009.  My objective is to not only provide the typical numbers that can be found almost anywhere, but to once again break them down into the very critical subcategories of Sale Type and then again by Type of Financing.  In other words I'll be looking at REO Sales independently of Short Sales and FHA Loans differently than Cash Sales.In addition to the Bedroom count, Bathroom count and the Living Space Square Footage … (0 comments)

mls: Indicted San Jacinto Developer Just Listed His 30 Acre Estate - 11/20/09 08:51 AM
Indicted San Jacinto Developer Just Listed His 30 Acre EstateSan Jacinto, CA has been the hotbed of local political news with 4 of our 5 City Council Members under indictment for various campaign and money laundering issues.  In addition to our politicians, 4 others were also indicted including local developer, Robert Osborne the president of Osborne Development Corp. 
The 69 year old developer facing 90 different counts, including 25 felonies.  Osborne Development has built many local tracts of some of the better homes in the valley and also has extensive land holdings in the Hemet San- Jacinto Valley, CA.  Currently, the … (2 comments)

mls: NEW REO Listing - 41408 Thornton Ave, Hemet CA 92544 - 11/18/09 06:29 AM
Have a new listing for a bank owned REO home for sale that just went on the market - it has been very popular with agents wanting to see it...Home is located just a block away from Hemet High School
Here are the comments I put in the MLS:
Well taken care of East Hemet Ranch Style Home located only 1 block from California Distinguished School, Hemet High School in a very desirable area of the local valley. This home is actually in the unincorporated area of Riverside County. You will be impressed from the curb with the low maintenance rock-scape … (0 comments)

 
John Occhi, SRES,CPRES.ePRO - Temecula-Murrieta CA Real Estate (Mason Real Estate)

John Occhi

SRES,CPRES.ePRO - Temecula-Murrieta CA Real Estate

Temecula, CA

More about me…

Mason Real Estate

Address: 30520 Rancho California Rd., #107, Temecula, CA, 92591

Mobile: (951) 443-6259

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