sellers: RE/MAX Ranks Highest in Customer Satisfaction among Both Home Buyers and Home Sellers! - 08/09/11 07:17 AM
Results from the J.D. Power and Associates 2011 Home Buyer/Seller Study, recognize RE/MAX for providing the
highest overall consumer satisfaction for both home buyers and home sellers.
Home Seller Ratings

Home Buyer Ratings

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sellers: The Country Estates in Diamond Bar - 01/21/11 11:47 PM
For the wealth elites who desire safety and security in East San Gabriel Valley, The Country Estates in Diamond Bar offers guard gated entrances, 24 hour security with continuous vehicle patrols by well-trained guards, lighted tennis courts, clubhouse, swimming pool, children’s playground, walking trails, and a 134 acres of untouched wilderness park complete with a natural stream and abundant wildlife. They are a collection of a little over 1000 homes in The Country with lot size average over an acre sitting atop the rolling hills of Diamond Bar, most with panoramic view of hills, mountains and the city lights. 50 homes … (0 comments)

sellers: Does Sellers Save More Money By Paying Less Commission? - 10/11/10 05:21 AM
In a typical home sale, agents for buyers and sellers each take a commission of roughly 2.5% to 3%, for a total cost of 5% to 6%, paid out of the seller's proceeds. It is nature for sellers to save money by negotiate a lower commission with their agent. But, does sellers really save money that way? According to MLS data, for all 3-bedroom units sold this year in Montefino, a large townhome complex in Diamond Bar, shows properties that offer 6% commission were sold an average price of 7% higher than the 4% ones. Sellers actually net $17,820 (4.4%) more … (1 comments)

sellers: Market Report - October 2010 - 10/11/10 12:56 AM
Sales remains very strong in Phillips Ranch, Chino Hills and Chino while it slows down in Diamond Bar and Walnut for the month of September. Here is the latest price changes for August 2010 according to Dataquick: Walnut -7.3%
Diamond Bar +9.1%
Phillips Ranch +21.1%
Chino Hills +13.1%
Chino -1.6% Below are the charts of number of homes sold in the past 3 years in the neighboring cities. … (0 comments)

sellers: Overbuilt Home Value - 10/05/10 02:21 AM
Often times we see a large 2-story home in a single story neighborhood. In an attempt to increase the value of the house, homeowners may make improvements to the house that fall outside of the neighborhood norm. A home is consider overbuilt when it has been expanded or improved to a level beyond that of most homes in the area. Those homes can be difficult to sell for a reasonable price because typical buyer can not afford it for the area. Statistically in our area, overbuilt homes can fetch up to 20% more than the neighbored homes. If a house is … (1 comments)

sellers: For Sale Or For Rent? - 09/13/10 06:22 PM
Homeowners who relocate or move up to another home often wonder whether to sell or to rent the old one. Here are 2 questions to ask: I. Do you making money if you sell your home? First thing you need to consider is whether you are making profit from the selling of your home or not. If you are making profit, you may need to look into the tax aspect. If you live in the same house for the past 5 years, each spouse can claim up to $250,000 profit tax free or $500,000 for both of you. For each year … (2 comments)

sellers: Sales Remains Strong In Phillips Ranch - 09/06/10 02:06 AM
Sales Remains Strong In Phillips Ranch Sales remains strong for the month of August in Phillips Ranch. 27 properties for sale, of which 8 of them are short sales, 21 pending, and 16 houses sold. Inventory level is still very low at 1.3 months supply. Phillilps Ranch is highly sought after by buyers for it's quiet garden like setting, excellent schools and easy access to 57, 71, 210, 10 & 60 Fwys. … (0 comments)

sellers: Interest Rate Sets New Low - 08/21/10 10:50 PM
Freddie Mac released the results of its Primary Mortgage Market Survey on 8/20/10, and for yet another week, the fixed-rate mortgages reached another low. 30-year fixed-rate mortgage averaged 4.42 percent with an average 0.7 point for the week ending August 19, 2010, down from last week when it averaged 4.44 percent. Last year at this time, the 30-year FRM averaged 5.12 percent. 15-year fixed-rate this week averaged a record low of 3.90 percent with an average 0.6 point, down from last week when it averaged 3.92 percent. A year ago at this time, the 15-year FRM averaged 4.56 percent. 5-year Treasury-indexed … (3 comments)

sellers: Why Buyers Prefer Move-In Ready Homes? - 07/16/10 01:35 AM
Home buyers today are educated and press for time. Buyers prefer homes where they can just move-in and start enjoying life in their new homes. They will pay a premium for this. Houses with outdated decor will take longer to sell and sell at a deep discounted price depending how much modernization the house need. Only 5% of buyers can truly visualize how beautiful a home is past the outdated decor. For those 5% who can see the value past the so-so appearance, they will factor the cost of remodeling into the offering price. Most of the time, the cost of … (0 comments)

sellers: Where Do The Riches Live In East San Gabriel Valley? - 06/01/10 12:14 AM
Ever wonder where is the most popular city for the rich to live in East San Gabriel Valley? The followings is a comparison chart of houses sold that are over 5000 sq ft from January 2010 to May 2010 in the area.

All 7 properties sold in Diamond Bar are in the guard gated community of "The Country". It has the most expansive real estate and is the number one choice for the wealthy elite. Walnut and Claremont run 2nd with 3 properties sold in each city.
With the new found wealth from China, about 40% of those transaction … (1 comments)

sellers: Short Sale Inventory Report - May 2010 - 05/10/10 12:52 PM
Short sales has become a vital part of the real estate market. As of 05/1/10, the short sale inventory in Chino is as high of 50% of all houses for sale (see chart below). For under water homeowners who are considering a short sale, please contact me. I am an experienced short sale agent who can help you sell the house fast and successfully. … (4 comments)

sellers: Cash For Appliances - 04/22/10 11:39 PM
Good news for new home buyers! California Energy Commission allocated $35.2 million for the new appliances rebate program begins April 22, 2010. Three residential appliance categories were selected to be eligible to receive rebates: Clothes washers - rebate $100
Refrigerators - rebate $200
Window air conditioners - rebate $50. To get the rebate, all you need to do is to purchase an eligible appliances from platinum retailers such as Best Buy, Home Depot or Lowe's, have the retailer recycle your old one and fill out the rebate form. Visit California Cash For Appliances for more information. … (1 comments)

sellers: Open Escrow By 4/30/10 To Get $18,000 Tax Credit! - 04/13/10 09:28 PM
Great news for California homeshoppers! A new 2010 state tax credit program providing eligible homebuyers with credits of up to $10,000 was recently enacted! That means if you qualify, purchase a home by April 30th and close escrow after May 1st and on or before June 30th to receive BOTH the new state and the existing federal tax credits, for a total of as much as $18,000! The state's $200 million program, split between first-time buyers and new units, might not get off to a peaceful start on May 1: Get ready for a stampede early on as some buyers rush … (1 comments)

sellers: 2009 Growth API School Reports - 03/23/10 03:19 AM
Buy a house in a good school district is one of the main reasons for family looking for a new home. I have compiled the following chart to assist buyers with school age children to factor the school info into their purchasing decision. The following is a chart of State's 2009 API school reports for Walnut, Diamond Bar, Phillips Ranch and Chino Hills.

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sellers: Do You Qualify For A Short Sale? - 03/07/10 11:12 AM
If you need to sell your house and owe more than what the house is worth, you may consider a short sale. However, lenders do not sanction all short sale requests. You'll have to find out if you qualified for a short sale before you put your house on the market for sale. What are the qualifications for a short sale? I. Home Value is Less Than The Amount Owed The comparable sales must substantiate that the home value is less than the amount owe to the lender. II. Seller Has Fallen On Hard Time A hardship letter explaining the financial … (1 comments)

sellers: How Does Contignecy Removal Work? - 02/19/10 09:41 PM
Can buyer back out from the deal after escrow is opened? Customarily in Southern California, buyer has 17 days to back out from the deal for the following 3 reasons: 1. Loan Contingency
Buyer cannot secure a loan successfully. 2. Appraisal Contingency
Property does not appraise to the value of the selling price. 3. Inspection Contingency
Buyer is not satisfied with the condition of the property after property inspection. After the 17-day contingency period expires, if buyer is fully prepared to purchase the house and has no problem on loan, appraisal, or the condition of the house, buyer can proceed to … (2 comments)

sellers: Market Trend Report - 01/10 - 01/19/10 07:03 AM
Market remains very strong for the month of December. According to Dataquick, sales volume was up 31% in 12/09 comparing to 12/08 in Los Angeles County. The meian price was up 5.9% from $320,000 to $339,000. First-time buyers and investors continued to dominate the buy side of the market last month. FHA loans, a popular choice among first-time buyers, accounted for 39.6 percent of all home purchase in December. Absentee buyers – mostly investors and some second-home purchasers – bought 19.2 percent of the homes sold in December. Buyers who appeared to have paid all cash accounted for 24.9 percent of … (0 comments)

sellers: Market Trend Report - 12/09 - 12/26/09 10:42 PM
Market remains very strong for the month of November. Number of houses sold went drastically up in November comparing to November of the previous 2 years except for Phillips Ranch due to it's extreme shortage on inventory. Below are the charts of number of home sold in the past 3 years in the neighboring cities. … (1 comments)

sellers: Inventory Report - 12/09 - 12/01/09 02:57 PM
Inventory level remains very low in December 2009. Below is a chart showing the inventory level in Chino, Chino Hills, Diamond Bar, Walnut and Phillips Ranch.

In Chino and Chino Hills, house supply are both less than one month. Despite of the higher tax rate with Mellos Roose and HOA, Chino and Chino Hills continue to attract large number of buyers who desire newer homes at a deep discounted price. Some good deals in Chino are only 50% of it's 2006 value making it one of the hottest cities to invest. Inventory levels in Diamond Bar, Walnut and Phillips … (0 comments)

sellers: Home Tax Credit Extended To Step Up Buyers! - 11/22/09 11:41 PM
The existing tax credit for first-time buyers, set to expire at the end of the month, has helped boost home sales. President Barack Obama has approved the first-time homebuyer tax credit extension which will extend the tax credit until April 30, 2010 to the first-time homebuyers and also to the step up buyers. Here's a quick summary of the extended tax credit:

One great thing about this tax credit is that it is refundable. So if you are entitled to $8000 tax credit and your tax liability is only $5000, you pay nothing to IRS and will receive a $3000 … (0 comments)