Call us for more information or to arrange a private showing.
Marketing Southern California Real Estate and Marketing Your Home at the Highest Level... Here to Help Make Your Move Easier, Questions? Call Us 714•694•0880 jim@jimsalem.com
Mar 31, 2011
Orange County Bank Owned REO Estate Homes
These are the Bank Owned REO Estate Homes Listed in the Socal MLS in Orange County
Call us for more information or to arrange a private showing.
Call us for more information or to arrange a private showing.
Mar 21, 2011
First Team Real Estate Mortgage Update
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| Mortgage Rates have been inching Down - You can click the chart to enlarge |
Mar 14, 2011
Winning and Losing in Real Estate
Tara-Nicholle Nelson, author of "The Savvy Woman's Homebuying Handbook" recently had this to say:
"In our desperation to win and only win, in real estate we actually create losses. Every single week I hear from buyers who are letting the fear of their home losing even a few thousand dollars in value after they buy keep them from buying at home prices and interest rates that reflect a savings of tens, even hundreds of thousands of dollars from what they would have paid even 18 months ago.
More important, these folks may be missing the last years of a window of opportunity to buy with less than 20 percent down, or the last weeks or months of opportunity to secure fixed-rate financing at interest rates under 5 percent."
"In our desperation to win and only win, in real estate we actually create losses. Every single week I hear from buyers who are letting the fear of their home losing even a few thousand dollars in value after they buy keep them from buying at home prices and interest rates that reflect a savings of tens, even hundreds of thousands of dollars from what they would have paid even 18 months ago.
More important, these folks may be missing the last years of a window of opportunity to buy with less than 20 percent down, or the last weeks or months of opportunity to secure fixed-rate financing at interest rates under 5 percent."
Mar 10, 2011
Spacious Rowland Heights 5 Bedroom Home
20162 Corrine Lane, Rowland Heights 91748
5 Bedrooms plus Huge Bonus Room on quiet Cul-de-sac Street. Wachovia approved Short Sale. 2,600 sqft Home on over 10,000 sqft Lot. Great Curb Appeal with Sweeping Brick Entry Path leading to Double Doors. Open Kitchen with Stone Counters and Tile Floor. Large Breakfast Nook. Master Suite with Oval Tub and Separate Shower, 2 Sink Vanity and 2 Closets. Formal Living Room with Fireplace. Large Formal Dining Room. Spacious Family Room. Large Laundry/Utility Room. 3rd Car Garage converted to 2nd Main Floor Bedroom. Huge Backyard with City Light View. Priced to Sell.
Needs some Updating and Repairs - sold "as is".Contact us for more information or to schedule a showing.
Mar 8, 2011
California Sees Record Number of Loan Mod Scams
Watch out for loan modification scams, the California State Department of Real Estate (DRE) is warning customers. The DRE has filed a record number of actions against scammers who have offered loan modification and loan mortgage relief services.
Since 2008, the DRE has opened more than 4,500 cases that involve loan modification complaints, as well as 88 accusations accusing 159 real estate professionals of violating real estate laws in connection with offering loan modification services.
One popular loan scam: The assurance of a loan modification in exchange for an upfront fee. Once the fee is paid, the scammer does little or nothing to obtain a loan modification.
"With so many home owners facing financial hardship, foreclosure rescue and loan modification scams are very prevalent and consumers need to be on guard," says DRE Commissioner Jeff Davi. "We have seen many variations of scams, but most all involve the collection of illegal advance fees. If someone asks for money upfront, that is a huge red flag.”
The DRE is telling customers to avoid becoming a victim of a scam by never paying an upfront fee for loan modification services and being skeptical of promises of “guaranteed success.” They are encouraging home owners to contact a HUD approved counseling agency, which can provide loan modification services for free (http://www.yourhome.ca.gov/mortgage-help.shtml#scams)
Since 2008, the DRE has opened more than 4,500 cases that involve loan modification complaints, as well as 88 accusations accusing 159 real estate professionals of violating real estate laws in connection with offering loan modification services.
One popular loan scam: The assurance of a loan modification in exchange for an upfront fee. Once the fee is paid, the scammer does little or nothing to obtain a loan modification.
"With so many home owners facing financial hardship, foreclosure rescue and loan modification scams are very prevalent and consumers need to be on guard," says DRE Commissioner Jeff Davi. "We have seen many variations of scams, but most all involve the collection of illegal advance fees. If someone asks for money upfront, that is a huge red flag.”
The DRE is telling customers to avoid becoming a victim of a scam by never paying an upfront fee for loan modification services and being skeptical of promises of “guaranteed success.” They are encouraging home owners to contact a HUD approved counseling agency, which can provide loan modification services for free (http://www.yourhome.ca.gov/mortgage-help.shtml#scams)
Mar 7, 2011
Mar 6, 2011
Orange County Real Estate Market Trends
This is our First Team Market Trends Report for Orange County Single Family Homes.
This first graph is for home up to $800,000.
You can click the graph to enlarge.
Based on the current data, the market is not a buyer's market and not a seller's market, it is neutral.
This next Market Trends Graph is fo Orange County Homes over $800,000.
As you can see, it is a buyer's market in this price range.
Our Market Trends Report is exclusive to First Team Real Estate.
We can create a report for your neighborhood or for any city or county, contact us to see how this information can help you.
This first graph is for home up to $800,000.
You can click the graph to enlarge.
Based on the current data, the market is not a buyer's market and not a seller's market, it is neutral.
This next Market Trends Graph is fo Orange County Homes over $800,000.
As you can see, it is a buyer's market in this price range.
Our Market Trends Report is exclusive to First Team Real Estate.
We can create a report for your neighborhood or for any city or county, contact us to see how this information can help you.
Mar 1, 2011
WEIR CANYON HOMES - Anaheim Hills, CA: Anaheim Hills 3 Bedroom Home for Lease
WEIR CANYON HOMES - Anaheim Hills, CA: Anaheim Hills 3 Bedroom Home for Lease: "ANAHEIM HILLS CONDO FOR LEASE3 Bedroom 2 Bath Summit Renaissance Condo For Lease. All on one level on the 2nd Floor overlooking th..."
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