Call Petmecky Real Estate at (951) 212-8943 or visit www.Petmecky1.com to reach a Riverside Listing Agent SpecialistCall (951) 212-8943 to have a Riverside Listing Agent Specialist help you with your home.  You will also receive a FREE market evaluation of your home to find out How Much is Your Home Worth. Call Petmecky Real Estate today at (951) 212-8943 or visit http://www.petmecky1.com/custom64.aspx ...read more

Call Petmecky Real Estate at (951) 212-8943 or visit www.Petmecky1.com to reach a Riverside Listing Agent Specialist     Call (951) 212-8943 to have a Riverside Listing Agent Specialist help you with your home.  You will also receive a FREE market evaluation of your home to find out How Much is Your Home Worth. Call Petmecky Real Estate today at (951) 212-8943 or visit http://www.petmecky1.com/custom64.aspx ...read more

Call Petmecky Real Estate at (626) 385-4040 or click www.Petmecky1.com to reach a San Dimas Real Estate Agent Listing Specialist   Whether you’re planning to sell your San Dimas home in the next few months or just studying up for that eventuality of putting your home on the market, there’s no time like now to prepare. If buying a house seems complicated, selling involves even more responsibilities and expenses.Prepare Your Home for SaleWell, before you’re ready to plant that “For Sale” sign in your front yard, there is work to be done to prepare your home for sale.  You'll want to always be thinking about what your home might be worth in Riverside and what you can do to maximize offers.Remember how keen your eye was to every small detail and defect in the houses you saw as a buyer? Now that door to your bedroom that never quite closed properly or that leaky faucet that you never got around to fixing will be seen by a potential buyer with that same keen eye. Ask your Riverside listing agent to help identify easy fixes that will pay off when your home is on the market.Start making the obvious repairs today – even if you don’t plan to sell until a year from now. These repairs can cost money and take time. Plus fixing it now will allow you to enjoy the results before it’s time to move out.If you plan on doing some improvements before the sale, the best place to start is where the buyers start: at your curb. Potential buyers base a large part of their decision on a property’s “curb appeal,” so make yours say something positive. That means a tidy front yard, a house with well-painted trim, a clean and neat driveway and a clear, welcoming front walkway.Inside, the biggest return on your investment continues to be improvements to the kitchen, followed closely by improvements to the master bedroom. If you’re making these improvements shortly before selling the house, consider painting and decorating the rooms in neutral colors, the most appealing choice to the greatest number of potential buyers. However, don't go for major renovations at this time because you won't recoup your outlay. If your kitchen is very outdated, if your carpet is old and truly needs replacing, you can offer "credits" to potential buyers.Inside and outside, you can start reducing the clutter. When it comes time to show your home, less will mean more. Potential buyers don’t want to see how your closets overflow with clothes, how every room feels cramped with furniture, or how the yard is difficult to maneuver with that rusty swing set in the way. So downsize your "stuff" now; it not only will make the preparation for showing your home easier, it also will make packing for your move faster.   Call (626) 385-4040 or click on the "What's My Home Worth" page above to have a San Dimas Real Estate Listing Agent Specialist help you make the decisions necessary to maximize your offers.  You will also receive a FREE market evaluation of your home to find out How Much is Your Home Worth. Call Petmecky Real Estate today at (626) 385-4040 or visit http://www.petmecky1.com/custom60.aspx       ...read more

Call Petmecky Real Estate at (951) 212-8943 or click www.Petmecky1.com to reach a Riverside Listing Agent Specialist Whether you’re planning to sell your Riverside home in the next few months or just studying up for that eventuality of putting your home on the market, there’s no time like now to prepare. If buying a house seems complicated, selling involves even more responsibilities and expenses.Prepare Your Home for SaleWell before you’re ready to plant that “For Sale” sign in your front yard, there is work to be done to prepare your home for sale.  You'll want to always be thinking about what your home might be worth in Riverside and what you can do to maximize offers.Remember how keen your eye was to every small detail and defect in the houses you saw as a buyer? Now that door to your bedroom that never quite closed properly or that leaky faucet that you never got around to fixing will be seen by a potential buyer with that same keen eye. Ask your Riverside listing agent to help identify easy fixes that will payoff when your home is on the market.Start making the obvious repairs today – even if you don’t plan to sell until a year from now. These repairs can cost money and take time. Plus fixing it now will allow you to enjoy the results before it’s time to move out.If you plan on doing some improvements before the sale, the best place to start is where the buyers start: at your curb. Potential buyers base a large part of their decision on a property’s “curb appeal,” so make yours say something positive. That means a tidy front yard, a house with well-painted trim, a clean and neat driveway and a clear, welcoming front walkway.Inside, the biggest return on your investment continues to be improvements to the kitchen, followed closely by improvements to the master bedroom. If you’re making these improvements shortly before selling the house, consider painting and decorating the rooms in neutral colors, the most appealing choice to the greatest number of potential buyers. However, don't go for major renovations at this time because you won't recoup your outlay. If your kitchen is very outdated, if your carpet is old and truly needs replacing, you can offer "credits" to potential buyers.Inside and outside, you can start reducing the clutter. When it comes time to show your home, less will mean more. Potential buyers don’t want to see how your closets overflow with clothes, how every room feels cramped with furniture, or how the yard is difficult to maneuver with that rusty swing set in the way. So downsize your "stuff" now; it not only will make the preparation for showing your home easier, it also will make packing for your move faster.Call (951) 212-8943 or click on the "What's My Home Worth" page above to have a Riverside Listing Agent Specialist help you make the decisions necessary to maximize your offers.  You will also receive a FREE market evaluation of your home to find out How Much is Your Home Worth. Call Petmecky Real Estate today at (951) 212-8943 or visit www.Petmecky1.com. ...read more

Are you a new or experienced agent looking to take your business to the next level? We want you! Call today for a confidential interview. Call Office at (951)801-5878 ...read more

Riverside Short Sale | Orangecrest Short Sale | HOA Dues | HOA Foreclosure | Short Sale in California Homeowners, keep your HOA dues current Want to know how to kill your chances of a successful short sale? Stop paying your homeowner association dues. HOA delinquencies can quickly balloon with fines and legal fees. And few lienholders on a home can be as strident and hardline as an HOA. It’s among the reasons that many short sales fail. The result can lead to foreclosure for a homeowner attempting to preserve their future ability to buy a home. In a short sale, banks often refuse to allow delinquent HOA dues to be paid from the proceeds of the sale. Since most HOAs won’t discount their payoffs, that means either a seller or buyer will have to come out of pocket to make up the difference. We’ve seen HOA fees in excess of $10,000, buoyed by excessive legal fees and outrageous fines. HOAs across the country are beginning to see short sales as a great way to recover unpaid fees, especially with low housing inventory. Some are even postponing their own foreclosure efforts to encourage delinquent homeowners to try to short sale a home, hoping for a speedier resolution. But a big HOA payoff can still endanger a valid short effort for a homeowner. And every dollar that goes to an unpaid HOA bill is a dollar that doesn’t go toward the unpaid mortgage. For homeowners who may have to pay income taxes on the bank’s loss, that could mean a bigger tax bill for a distressed homeowner. WHAT’S THE BIG DEAL? For homeowners, a short sale fends off a financially devastating foreclosure, limits damage to credit, and puts them back in the housing market more quickly as an able buyer – before home values again shoot through the roof. More importantly, a short sale allows a homeowner to exit their house on their own terms, with dignity intact. Banks prefer short sales because they net more money than through a foreclosure. It takes time and money to seize, repair, maintain, market and resell a property. And as many as half of loan modifications redefault within the first year, later turning into foreclosures and short sales.  But when you throw delinquent HOA bills into the mix, it can skew the numbers, perhaps even making foreclosure a better financial alternative than a short sale. And that’s not good for a homeowner. WHAT IF YOU’RE ALREADY BEHIND? For homeowners who have already missed HOA payments and can’t make up the back payments, there are solutions. Depending on the amount of the unpaid bill, an experienced short sale agent will know which of the three main strategies to employ to handle the issue. (By “experienced,” we mean they have closed at least 50 short sales and have a success ratio of at least 90 percent.) Anything less than those figures, and you should keep interviewing for a real expert, not just an agent who has paid for a weekend class and gotten a “short sale specialist” designation. Of course, the best solution is to keep paying your HOA dues, even if you are unable to keep paying your mortgage. Are you behind on your payments now? You need to know what could happen next. Call us today at 951-778-7900 to set up a 10-minute consultation. (Brian Bean and Timothy Hardin are Default Advocates and owners of Dream Big Real Estate. They can be reached directly at Brian@DreamBigRealEstate.com or 951-778-9700.) Brian Bean and Timothy HardinLicensed Default AdvocatesDRE Lic #01889132Info@DreamBigRealEstate.comWhat's happening in the Real Estate Market today? CLICK HERE for more information.Want to know if we're legit? Do your homework. Check us out at www.google.com www.yahoo.com www.bing.com. http://www.DreamBigRealEstate.comhttp://www.IEShortSalePros.comhttp://www.ShortSaleAndStay.comhttp://www.CaliforniaShortSaleDecision.com     Riverside Short Sale | Orangecrest Short Sale | HOA Dues | HOA Foreclosure | Short Sale in CaliforniaRiverside Short Sale | Orangecrest Short Sale | HOA Dues | HOA Foreclosure | Short Sale in CaliforniaRiverside Short Sale | Orangecrest Short Sale | HOA Dues | HOA Foreclosure | Short Sale in California Riverside Short Sale | Orangecrest Short Sale | HOA Dues | HOA Foreclosure | Short Sale in CaliforniaRiverside Short Sale | Orangecrest Short Sale | HOA Dues | HOA Foreclosure | Short Sale in CaliforniaRiverside Short Sale | Orangecrest Short Sale | HOA Dues | HOA Foreclosure | Short Sale in California ...read more

Riverside Short Sale | Orangecrest Short Sale | HOA Dues | HOA Foreclosure | Short Sale in California Homeowners, keep your HOA dues current Want to know how to kill your chances of a successful short sale? Stop paying your homeowner association dues. HOA delinquencies can quickly balloon with fines and legal fees. And few lienholders on a home can be as strident and hardline as an HOA. It’s among the reasons that many short sales fail. The result can lead to foreclosure for a homeowner attempting to preserve their future ability to buy a home. In a short sale, banks often refuse to allow delinquent HOA dues to be paid from the proceeds of the sale. Since most HOAs won’t discount their payoffs, that means either a seller or buyer will have to come out of pocket to make up the difference. We’ve seen HOA fees in excess of $10,000, buoyed by excessive legal fees and outrageous fines. HOAs across the country are beginning to see short sales as a great way to recover unpaid fees, especially with low housing inventory. Some are even postponing their own foreclosure efforts to encourage delinquent homeowners to try to short sale a home, hoping for a speedier resolution. But a big HOA payoff can still endanger a valid short effort for a homeowner. And every dollar that goes to an unpaid HOA bill is a dollar that doesn’t go toward the unpaid mortgage. For homeowners who may have to pay income taxes on the bank’s loss, that could mean a bigger tax bill for a distressed homeowner. WHAT’S THE BIG DEAL? For homeowners, a short sale fends off a financially devastating foreclosure, limits damage to credit, and puts them back in the housing market more quickly as an able buyer – before home values again shoot through the roof. More importantly, a short sale allows a homeowner to exit their house on their own terms, with dignity intact. Banks prefer short sales because they net more money than through a foreclosure. It takes time and money to seize, repair, maintain, market and resell a property. And as many as half of loan modifications redefault within the first year, later turning into foreclosures and short sales.  But when you throw delinquent HOA bills into the mix, it can skew the numbers, perhaps even making foreclosure a better financial alternative than a short sale. And that’s not good for a homeowner. WHAT IF YOU’RE ALREADY BEHIND? For homeowners who have already missed HOA payments and can’t make up the back payments, there are solutions. Depending on the amount of the unpaid bill, an experienced short sale agent will know which of the three main strategies to employ to handle the issue. (By “experienced,” we mean they have closed at least 50 short sales and have a success ratio of at least 90 percent.) Anything less than those figures, and you should keep interviewing for a real expert, not just an agent who has paid for a weekend class and gotten a “short sale specialist” designation. Of course, the best solution is to keep paying your HOA dues, even if you are unable to keep paying your mortgage. Are you behind on your payments now? You need to know what could happen next. Call us today at 951-778-7900 to set up a 10-minute consultation. (Brian Bean and Timothy Hardin are Default Advocates and owners of Dream Big Real Estate. They can be reached directly at Brian@DreamBigRealEstate.com or 951-778-9700.) Brian Bean and Timothy HardinLicensed Default AdvocatesDRE Lic #01889132Info@DreamBigRealEstate.comWhat's happening in the Real Estate Market today? CLICK HERE for more information.Want to know if we're legit? Do your homework. Check us out at www.google.com www.yahoo.com www.bing.com. http://www.DreamBigRealEstate.comhttp://www.IEShortSalePros.comhttp://www.ShortSaleAndStay.comhttp://www.CaliforniaShortSaleDecision.com     Riverside Short Sale | Orangecrest Short Sale | HOA Dues | HOA Foreclosure | Short Sale in CaliforniaRiverside Short Sale | Orangecrest Short Sale | HOA Dues | HOA Foreclosure | Short Sale in CaliforniaRiverside Short Sale | Orangecrest Short Sale | HOA Dues | HOA Foreclosure | Short Sale in California Riverside Short Sale | Orangecrest Short Sale | HOA Dues | HOA Foreclosure | Short Sale in CaliforniaRiverside Short Sale | Orangecrest Short Sale | HOA Dues | HOA Foreclosure | Short Sale in CaliforniaRiverside Short Sale | Orangecrest Short Sale | HOA Dues | HOA Foreclosure | Short Sale in California ...read more

Short Sale Agent Interviews | Riverside Short Sales | Orangecrest Short Sales | Dream Big Real Estate | 951-778-9700 21 Questions you absolutely MUST ask your Short Sale Agent before you hire them 2. How many short sales have you completed with my bank? While most banks have similar processes, there are differences from servicer to servicer. Your agent should understand those differences, and have strategies in place as well as past successes they can talk about. Short sales have become so commonplace that virtually every lender and servicer has a short sale department. That’s incredible when you think about it. In 2006, there were no short sale departments at your bank. Today, hundreds of thousands of people are employed by banks to handle only short sales. So the systems are entrenched. That has streamlined the process, but it can also be an obstacle, especially when you mix in the human element. People who work in the short sale department at your bank have a thankless job. Their duty is to recover the highest possible amount they can when a homeowner can’t make their mortgage payments. Their loyalty is to the bank, but most are good people who can empathize with a family who lost a job and are now losing their dream home. But these negotiators talk to real estate agents all day, everyday. You wouldn’t believe the abuse they take from some agents, who yell at them, curse at them, even threaten them. It’s a revolving-door job with extremely high turnover. Imagine what happens when a short sale agent runs into a bank negotiator who has just been screamed at by the previous caller. It can be difficult to get their cooperation. That’s when an agent’s experience becomes the critical piece to the puzzle. Agents who have completed at least 10 short sales with your bank will have developed good contacts at the executive levels. They have the ability to go around the obstacles, go outside the system, to find a friendly ear willing to hear their position. At the executive levels, it’s all about the money. Emotion is not a factor. The solution that brings the highest return to the bank is the one most likely to be approved. On the front lines, emotion is the obstacle. A good agent knows how to communicate professionally and without emotion. And they know how to get around the obstacles. Is a Short Sale Right for You? (Brian Bean and Timothy Hardin are Default Advocates and owners of Dream Big Real Estate. They can be reached directly at Brian@DreamBigRealEstate.com or 951-778-9700.) Brian Bean and Timothy HardinLicensed Default AdvocatesDRE Lic #01889132Info@DreamBigRealEstate.comWhat's happening in the Real Estate Market today? CLICK HERE for more information. Want to know if we're legit? Do your homework. Check us out at www.google.com www.yahoo.com www.bing.com. http://www.DreamBigRealEstate.comhttp://www.IEShortSalePros.comhttp://www.ShortSaleAndStay.comhttp://www.CaliforniaShortSaleDecision.com   Short Sale Agent Interviews | Riverside Short Sales | Orangecrest Short Sales | Dream Big Real Estate | 951-778-9700 Short Sale Agent Interviews | Riverside Short Sales | Orangecrest Short Sales | Dream Big Real Estate | 951-778-9700Short Sale Agent Interviews | Riverside Short Sales | Orangecrest Short Sales | Dream Big Real Estate | 951-778-9700Short Sale Agent Interviews | Riverside Short Sales | Orangecrest Short Sales | Dream Big Real Estate | 951-778-9700Short Sale Agent Interviews | Riverside Short Sales | Orangecrest Short Sales | Dream Big Real Estate | 951-778-9700Short Sale Agent Interviews | Riverside Short Sales | Orangecrest Short Sales | Dream Big Real Estate | 951-778-9700Short Sale Agent Interviews | Riverside Short Sales | Orangecrest Short Sales | Dream Big Real Estate | 951-778-9700Short Sale Agent Interviews | Riverside Short Sales | Orangecrest Short Sales | Dream Big Real Estate | 951-778-9700Short Sale Agent Interviews | Riverside Short Sales | Orangecrest Short Sales | Dream Big Real Estate | 951-778-9700Short Sale Agent Interviews | Riverside Short Sales | Orangecrest Short Sales | Dream Big Real Estate | 951-778-9700  ...read more

Riverside Seller's Market | Riverside Real Estate | Orangecrest Home Prices Inventory shortage boosts seller equity, challenges buyers Housing inventory continues to shrink, pushing housing prices higher and making it more difficult for buyers to find homes. California foreclosure activity dropped again in January after a decline in December, according to online market tracker ForeclosureRadar. Banks foreclosed on 5,447 homes in January, down 7.8 percent from the 5,908 sales in December. Notices of default, meanwhile, declined 77.66 percent from January 2012 and 60.5 percent from the previous month. And notices of sale were down 65.65 percent from a year ago, 34.83 percent from the previous month. The slowdown in foreclosure activity over the past year, along with a decrease in the number of people attempting short sales, has created a severe lack of inventory in the Southland, particularly in the Inland Empire. Some neighborhoods are limited to about one-fifth the inventory expected in a “normal” real estate market. Based on the number of properties sold in the past year, some areas have only a few weeks inventory available. With an army of cash-toting investors in the market, homebuyers using financing to make their purchase are being squeezed out. “While the alphabet soup of federal programs has successfully prolonged, or catapulted delinquent homeowners out of the foreclosure process, the unintended consequence is now an acute lack of available housing inventory for sale,” according to a release from ForeclosureRadar. Pro Teck Valuation Services reported this week that housing prices are up in nearly every statistical region that it tracks. In 134 core-based statistical areas with at least 500 home sales in 2012, 123 reported increases in home prices, Pro Teck reported. The company focuses on suburban areas with at least 10,000 residents that are commutable distances to major cities. It charts the price paid per square foot of a home using information from more than 850 real estate multiple listing services. Nationally, the median price per square foot increased to $86.42 in 2012 from $81.08 in 2011, Pro Teck reported. Riverside’s price per square foot came in at about $114. But why are there so few homes for sale? It’s a complex situation, and there are many factors. Below are a few that have contributed: Foreclosure Settlement: Last year, five major lenders settled with 49 states and the U.S. Dept. of Justice over improper foreclosures and agreed to pay $25 billion for loan modifications and other workout solutions for distressed homeowners. Later in the year, 14 lenders and servicers agreed to pay another $9.3 billion in exchange for an end to a federal Independent Foreclosure Review. The lawsuits slowed the foreclosure process across the country, until the settlements set down specific guidelines to foreclose. Now the banks have a blueprint to go by, which could put foreclosure sales back on the fast track. Homeowner Bill of Rights: This monumental California legislation requires, among other things, a specific process before a bank can foreclose on a delinquent homeowner. Though the laws kicked in Jan. 1, banks were already putting systems in place and that slowed the number of foreclosure sales. Loan Mod Dreamers: In May 2012, Bank of America announced with great fanfare that it was sending principal-reduction letters to lucky homeowners as part of the DOJ settlement. Even though only a chosen few would actually qualify for a reduction in their loan amount, many homeowners who would have put their homes on the market for a short sale instead stayed on the sidelines hoping for their own “golden ticket.” Those homeowners eventually could enter the market this year with their short sales. Demand: Historically low interest rates, low home prices, rising rents and Wall Street money have all contributed to massive demand and little inventory. Hedge fund investors have flooded the market with cash offers in what could be considered a feeding frenzy. In the meantime, owner-occupant buyers often overbid list prices in an attempt to compete against the cash buyers. One thing is certain. The seller’s market is here, and barring a catastrophic world event or a steep rise interest rates, it could be here to stay. Homeowners who have weathered the economic storm or who purchased homes in 2010 and 2011 are likely enjoying equity in their properties and are perfectly positioned as move-up or move-down buyers. Want to know what your home is worth and whether you can take advantage of today’s higher prices? Call us today at 951-778-7900 to set up a 10-minute consultation. (Brian Bean and Timothy Hardin are Home Listing Specialists and owners of Dream Big Real Estate in Riverside, California. They can be reached directly at Info@DreamBigRealEstate.com or 951-778-9700.) Brian Bean and Timothy HardinLicensed Home Listing SpecialistsDRE Lic #01889132Info@DreamBigRealEstate.comWhat's happening in the Real Estate Market today? CLICK HERE for more information. Want to know if we're legit? Do your homework. Check us out at www.google.com www.yahoo.com www.bing.com. http://www.DreamBigRealEstate.comhttp://www.IEShortSalePros.comhttp://www.ShortSaleAndStay.com     Riverside Seller's Market | Riverside Real Estate | Orangecrest Home PricesRiverside Seller's Market | Riverside Real Estate | Orangecrest Home PricesRiverside Seller's Market | Riverside Real Estate | Orangecrest Home Prices Riverside Seller's Market | Riverside Real Estate | Orangecrest Home PricesRiverside Seller's Market | Riverside Real Estate | Orangecrest Home PricesRiverside Seller's Market | Riverside Real Estate | Orangecrest Home PricesRiverside Seller's Market | Riverside Real Estate | Orangecrest Home PricesRiverside Seller's Market | Riverside Real Estate | Orangecrest Home PricesRiverside Seller's Market | Riverside Real Estate | Orangecrest Home PricesRiverside Seller's Market | Riverside Real Estate | Orangecrest Home PricesRiverside Seller's Market | Riverside Real Estate | Orangecrest Home PricesRiverside Seller's Market | Riverside Real Estate | Orangecrest Home PricesRiverside Seller's Market | Riverside Real Estate | Orangecrest Home PricesRiverside Seller's Market | Riverside Real Estate | Orangecrest Home Prices ...read more

Riverside Real Estate | Home Values in Riverside | Riverside Homes For Sale Confidence is high on Inland Empire real estate The Southern California real estate market continues to pick up speed, buoyed by record levels of cash buyers and growing consumer confidence. But historically low housing inventory in the Inland Empire and stringent lender requirements may even have muted the number of sales. In Riverside and San Bernardino counties, most homes draw multiple offers as the throngs of buyers outnumber the available properties. In 2012, the number of California houses and condos purchased by cash buyers climbed to a record 145,797, according to DataQuick, a real estate information service. That was a 15.8 percent increase from the previous high of 125,812 in 2011. Cash buyers snapped up 32.4 percent of the 447,573 total homes sold in 2012, compared with a 30.4 percent share in 2011. “It’s clear that a lot of today’s housing marketing recover is being fueled by people putting their own money into homes,” DataQuick President John Walsh said in a news release. “Some cash buying is part of a normal housing market, but we’re at twice that normal rate. … Today, a lot of buyers are chasing what they view as the deal of a lifetime.” Meanwhile, the Improving Markets Index grew to 259 cities this month, up from 242 in January, according to the National Association of Home Builders. Sixteen California cities made the list, including Riverside. “The fact that all 50 states now have at least one metro on the improving list shows that the housing recovery has substantial momentum and continues to expand from one market to the next,” Rick Judson, 2013 NAHB chairman, said in a release. The improving markets index recognizes metropolitan areas that have made gains from their own low points in housing permits, employment and housing prices for at least six months. Riverside registered a 10.3 percent increase in housing prices since January 2012, a 3.3 percent increase in jobs since July 2011 and a 5.1 percent increase in housing permits since September 2011. CONSUMERS CONFIDENT Cash buyers aren’t the only group clamoring to buy homes. Housing giant Fannie Mae’s latest housing survey shows 41 percent of consumers think home prices will continue to increase in 2013, while only 10 percent expected prices to decline. And 23 percent of those surveyed said now is a good time to sell their home, while 69 percent said now is a good time to buy. “The housing market continues to firm, with consumer home price expectations for both rental and ownership properties near the strongest levels that we’ve seen in the survey’s two-and-a-half-year history,” Doug Duncan, chief economist at Fannie Mae, said in a release. California’s median home price increased to $275,000 at the end of 2012, a 10 percent increase from the previous year, DataQuick reported. The median price for all cash sales reached $205,000, up 17.1 percent year over year. Financed homes sold at a median price of $305,000, up 10.5 percent. According to the January Fannie Mae survey, 65 percent of consumers said they would buy if they were going to move. Only 30 percent said they would rent, while half said they expected rents to increase this year. At home, consumers were optimistic about their own pocketbooks, with 43 percent expecting an improved situation this year. That was up slightly from 40 percent in December. At the same time, 53 percent of those surveyed were pessimistic about the direction of the U.S. economy, but that was down from 54 percent in December and 61 percent a year earlier. “Concerns about job loss are waning as payrolls are growing – a trend that may give potential homebuyers more confidence that they can meet the financial obligation of homeownership,” Duncan said in a release. TOUGH MORTGAGE RULES DataQuick's Walsh attributed the boom in cash buyers to enthusiastic investors who perceive high returns on their investment, as well as to a difficult mortgage environment.  In fact, if loan requirements for financed purchases weren’t so restrictive, the pool of buyers might be even larger.  “… Since the ‘loans-gone-wild’ days of 2004-2006, the lending pendulum has swung to the opposite end of the spectrum,” Walsh said. “Even a lot of well-qualified buyers can’t get loans.” Added NAHB’s Judson: “We know that a key factor slowing this progress is today’s overly stringent mortgage standards that are keeping qualified buyers on the sidelines.” The next 12 to 24 months will be critical for first-time buyers and move-up buyers who are on the edge of qualifying for a home. “While the overall market is improving, sales levels are still below average, and prices (are) much closer to the bottom than to the peak,” DataQuick’s Walsh said. Local prices have increased more than 10 percent, and many Inland Empire homeowners are looking to move up, before prices shoot through the roof. Want to know what your home is worth and what you can afford? Call us today at 951-778-7900 to set up a 10-minute interview. (Brian Bean and Timothy Hardin are Home Listing Specialists and owners of Dream Big Real Estate in Riverside, California. They can be reached directly at Info@DreamBigRealEstate.com or 951-778-9700.) Brian Bean and Timothy HardinLicensed Home Listing SpecialistsDRE Lic #01889132Info@DreamBigRealEstate.comWhat's happening in the Real Estate Market today? CLICK HERE for more information. Want to know if we're legit? Do your homework. Check us out at www.google.com www.yahoo.com www.bing.com. http://www.DreamBigRealEstate.comhttp://www.IEShortSalePros.comhttp://www.ShortSaleAndStay.com     Riverside Real Estate | Home Values in Riverside | Riverside Homes For SaleRiverside Real Estate | Home Values in Riverside | Riverside Homes For SaleRiverside Real Estate | Home Values in Riverside | Riverside Homes For Sale Riverside Real Estate | Home Values in Riverside | Riverside Homes For SaleRiverside Real Estate | Home Values in Riverside | Riverside Homes For SaleRiverside Real Estate | Home Values in Riverside | Riverside Homes For SaleRiverside Real Estate | Home Values in Riverside | Riverside Homes For SaleRiverside Real Estate | Home Values in Riverside | Riverside Homes For SaleRiverside Real Estate | Home Values in Riverside | Riverside Homes For SaleRiverside Real Estate | Home Values in Riverside | Riverside Homes For SaleRiverside Real Estate | Home Values in Riverside | Riverside Homes For SaleRiverside Real Estate | Home Values in Riverside | Riverside Homes For SaleRiverside Real Estate | Home Values in Riverside | Riverside Homes For SaleRiverside Real Estate | Home Values in Riverside | Riverside Homes For SaleRiverside Real Estate | Home Values in Riverside | Riverside Homes For Sale   ...read more

How we Can Help!!!!!! Contact Info The Massey TeamMassey Real Estate Sales&ConsultingCA DRE#: 00974245 Regardless of your reason for selling, if your house qualifies for a Fast Home investment Purchase or is needing to be listed and sold conventionaly   we can make you a fast, fair offer or find Buyers to buy your house  and sell at fair market value. This means you can sell your house fast and make money from the equity. if a fast sell is needed,  We can pay all cash, provide you with a cash down payment or take over your mortgage payments and pay you for your equity over time. Either way, you'll have the "peace of mind" you need to put your home selling worries behind you once and for all! Whatever the situation, our knowledgeable professional Team can help. Here are just some of the many benefits you can expect to receive from The Massey team. If you need fast debt relief, we can help ease the burdens of your debt by taking over your mortgage payments. Also, if there is enough equity remaining in your house after marketing and repairs, we can make payments to you for that equity or even pay you in one lump sum. If your house is free and clear and has no mortgage, we can make cash payments to you for your equity or Purchase outright. If you must have cash immediately, we can provide you with an upfront payment and then pay you the remainder of your equity in payments or when we re-sell the house. If you have no equity in your home, we may still be able to take over your payments and give you instant debt relief. If you're behind on your house payments or about to be, we can take over your monthly mortgage payments, save your credit and provide you with immediate debt relief. We can help you avoid bankruptcy and stop a pending foreclosure dead in its tracks before it causes long-lasting damage to your credit rating! If you're being transferred or relocating, going through a divorce, tired of being a landlord, don't want to continue making two house payments or have an unwanted house that just won't sell, we can offer you a variety of solutions to purchase your home quickly regardless of your situation or reason for selling. We provide creative, win-win real estate solutions for all our customers and want to do the same for you! If your house needs extensive or minor repairs, we can buy it "AS IS" in its present condition regardless of what kinds of repairs it needs. We buy houses in any condition so you don't have to make any tedious and costly repairs to sell your home! If you need to close fast, we have all the team players in place to close on the purchase of your home as quickly as possible. Our attorneys handle all the paperwork so we can close when you need us to. We can close in hours, days or weeks depending on your needs. This means you won't have to worry about the details of the closing and will be able to move exactly when you want to! If you are looking for a fast, fair, friendly and flexible sale of your home, you've come to the right place! We will always treat you with the utmost respect and courtesy.The Massey team always  puts people first! To get started now and find out if your house qualifies  please call 951-640-4977 ...read more

Its True you may think there is no hope and you are losing your home, you may be able to sell fast and actually make money in the process. So many people think they are upside down when in reality they are not... call today for a free evaluation of your home and Options.. its free with no obligation... the Massey Team can help.. 951-640-4977 ...read more

 Looking for an executive single-story home   Schedule a ShowingFree List of Foreclosed Homes For Sale  Avoid Foreclosure  What is Your Home Worth?  Homes Close to Where You Work  Search All Homes For Sale   See Property Details Call 951-778-9700 for more information  on this or any other property. Visit Property Website     Courtesy: Brian BeanEmail Me Now951-778-9700Licensed In: CA License #: 01346382 40190 Torrey Pines Road, Murrieta,CA 92563 Bedrooms: 5 Bathrooms: 3 full List Price: $284,900  Living Area Approx: 2190   Looking for an executive single-story home with room for a mother-in-law or live-in assistance? This beautiful property is the perfect find. Right down the street from a park and elementary school, this 5-bedroom home has 3 baths and separate family, living and dining rooms. Picture it: Your family and best friends gather on a Saturday afternoon of pool-side barbecue. While you lounge under the patio cover with a cool beverage of choice, the kids splash around the in-ground pool (which just needs a new liner), the blue water sparkling in the warm sunshine. Later in the day, move the party inside to prepare dinner in the remodeled granite kitchen and to catch a movie in the oversized family room. A giant flat screen will fit perfectly on the wall. In the evening, retreat to the master suite, with separate shower and oval tub, perfect for bubble baths with that special someone. This floorplan includes the builder option for a fifth bedroom with its own full bath, separated from the rest of the sleeping areas for privacy and quiet.  Have questions? Ask me.      FREE REPORT FOR HOME BUYERS: HOW TO AVOID PAYING TOO MUCH  Equity or Negative Equity ...  We Can Help You With Both! Brian Bean&Tim Hardin | Dream Big Real Estate | 951-778-9700 | Brian@DreamBigRealEstate.com | 5898 Magnolia Ave., Riverside, CA 92508   Dream Big Real Estateis not associated with the government, and our service is not approved by the government or your lender. Equal Housing Opportunity ...read more

Short Sale Lease Back | Riverside Short Sale | Riverside Short Sale Agents First major lender certifies Short Sale Lease Back Program The first major lender has recognized the Short Sale Lease Back Program and will allow some qualified homeowners to stay in their home after a short sale. The lender announced this month that it will approve short sale lease-back transactions on certain loans that it owns, as long as the homeowner has a valid hardship and the short sale terms are acceptable to the bank. “This program is the win-win solution that has been missing for too long,” said Bob Irish, a Riverside real estate broker and architect of the program. “For some, the biggest fear is having to move. What if they didn’t have to move? It would prompt more people to raise their hand and ask for help, before the bank takes their house.” Though three servicers have approved individual transactions through the program, this is the first instance in which a major lender has certified the SSLB Program as a viable foreclosure alternative. THE BACKGROUND The SSLB Program was inspired by changes to the federal Home Affordable Foreclosure Alternatives short sale program. Program founders designed it to help distressed homeowners find an alternative to foreclosure and more quickly return to the housing market as buyers. A short sale occurs when a property is sold for less than is owed on it and the bank agrees to a discounted payoff. In recent years, banks and servicers have required that a short sale be an “arm’s-length” transaction, meaning the buyer and seller could not be related and could not have a prior agreement for the homeowner to stay in the property. The U.S. Treasury Dept. in March 2011 issued a supplement, or amendment, to the HAFA guidelines to allow “servicers the discretion to approve sales to non-profit organizations with the stated purpose that the property will be rented or resold to the borrower, so long as all other HAFA program requirements are met.” It further strengthened that option in a November 2012 supplement that smoothed the process for such a sale. In December, Bank of America and Citi Mortgage accepted a short sale with a lease-back on a Riverside home in the program. Lender CalVet approved the program’s first transaction, on a Hemet home that closed in August. The SSLB Program, founded by Irish and Inland Empire real estate agents Jacob Swodeck and Brian Bean, began as a California pilot program in June 2011. The team plans to expand the program outside California in 2013. PROGRAM DETAILS The SSLB Program is monumental and game-changing, providing a more attractive solution for homeowners who cannot afford their homes but have valid economic hardships and steady incomes to afford a lease payment. Here is a program overview: Homeowners must work with a licensed agent who is trained and certified by the Short Sale Lease Back Program. A qualified non-profit would purchase the home in a short sale. The homeowner’s lenders must approve of the lease-back terms — the intent of the sale and tenancy cannot be hidden from the lienholders. The seller would lease the home for a minimum of three years, allowing their credit to heal so that they could qualify for a mortgage. Homeowners must attend ongoing HUD and financial-literacy counseling and speak with legal and tax experts to ensure the program is the right fit. If approved, the former owner might be allowed to repurchase the home at the end of the lease term. Not all homeowners qualify for the program. Borrowers must have sufficient income to afford the monthly rent payments in addition to their other debt payments. Homeowners who don’t qualify for the program can still complete a traditional short sale, which may include a relocation incentive from $2,500 to as much as $45,000, depending on their lender, loan amount and individual situation. Either option is better than a financially devastating foreclosure, which can crush a consumer’s credit, hinder their ability to find a future rental, and perhaps even impact their jobs. Banks prefer short sales over foreclosure and even loan modifications because they net 12 percent to 25 percent more money from them. DO YOU QUALIFY? The Short Sale Lease Back Program is now interviewing applicants. To qualify, homeowners must: Live in the property as their primary residence. Have steady, verifiable income. Have a valid hardship and be able to qualify for, and complete, a HAFA short sale. Want to know if you qualify? Call us today at 951-778-9700 to make an appointment for an interview. (Brian Bean and Timothy Hardin are Default Advocates and owners of Dream Big Real Estate. They can be reached directly at Brian@DreamBigRealEstate.com or 951-778-9700.)Brian Bean and Timothy HardinLicensed Default AdvocatesDRE Lic #01889132Info@DreamBigRealEstate.comWhat's happening in the Real Estate Market today? CLICK HERE for more information.Want to know if we're legit? Do your homework. Check us out at www.google.com www.yahoo.com www.bing.com.http://www.DreamBigRealEstate.comhttp://www.IEShortSalePros.comhttp://www.ShortSaleAndStay.comhttp://www.CaliforniaShortSaleDecision.com  If one advances confidently in the direction of his dreams, and endeavors to live the life which he has imagined, he will meet with a success unexpected in common hours. Henry David Thoreau  Short Sale Lease Back | Riverside Short Sale | Riverside Short Sale AgentsShort Sale Lease Back | Riverside Short Sale | Riverside Short Sale AgentsSHORT SALE LEASE BACK | RIVERSIDE SHORT SALE | RIVERSIDE SHORT SALE AGENTSShort Sale Lease Back | Riverside Short Sale | Riverside Short Sale AgentsShort Sale Lease Back | Riverside Short Sale | Riverside Short Sale AgentsShort Sale Lease Back | Riverside Short Sale | Riverside Short Sale AgentsShort Sale Lease Back | Riverside Short Sale | Riverside Short Sale AgentsShort Sale Lease Back | Riverside Short Sale | Riverside Short Sale AgentsShort Sale Lease Back | Riverside Short Sale | Riverside Short Sale Agents ...read more

Short Sale Lease Back | Bank of America Short Sale | Brian Bean and Tim Hardin | Riverside Short Sales Bank of America approves short sale with lease back Another homeowner has completed a short sale in which their lenders have allowed them to stay in the property as a tenant and perhaps repurchase the home in three years. The sale was closed through the Short Sale Lease-Back Program, a California pilot initiative focused on helping distressed homeowners avoid foreclosure while they regain their financial footing. The short sale lease-back on the Riverside home, which was approved by Bank of America and Citi Mortgage, closed just days before the end of 2012. Two homes have now been successful in the program; the first sale closed in August and was approved by lender CalVet. The pilot program is monumental and game-changing, providing a more attractive solution for homeowners who cannot afford their homes but have valid economic hardships and steady incomes to afford a lease payment. A short sale occurs when a property is sold for less than is owed on it and the bank agrees to a discounted payoff. In recent years, banks and servicers have required that a short sale be an “arm’s-length” transaction, meaning the buyer and seller could not be related and could not have a prior agreement for the homeowner to stay in the property. Last year, changes to the federal Home Affordable Foreclosure Alternatives short sale program opened the door for a short sale without the arm’s-length requirement. The U.S. Treasury Department in March 2011 issued a supplement to its HAFA guidelines to allow “servicers the discretion to approve sales to non-profit organizations with the stated purpose that the property will be rented or resold to the borrower, so long as all other HAFA program requirements are met.” It further strengthened that option in a November 2012 supplement that smoothed the process for such a sale. The Short Sale Lease-Back Program was inspired by the Treasury’s action and created to work with lenders to allow a qualified homeowner to sell their property, rent it back for three years and perhaps even buy it back at a pre-determined price. PROGRAM DETAILS Here is an overview of the Short Sale Lease-Back Program: Homeowners must work with a licensed agent who is trained and certified by the Short Sale Lease-Back Program. A qualified non-profit would purchase the home in a short sale. The homeowner’s lenders must approve of the lease-back terms — the intent of the sale and tenancy cannot be hidden from the lienholders. The seller would lease the home for a minimum of three years, allowing their credit to heal so that they could qualify for a mortgage. Homeowners must attend ongoing HUD and financial-literacy counseling and speak with legal and tax experts to ensure the program is the right fit. If approved, the former owner might be allowed to repurchase the home, perhaps at a giant discount from what they once owed on it. Not all homeowners qualify for the program. Borrowers must have sufficient income to afford the monthly rent payments in addition to their other debt payments. Homeowners who don’t qualify for this program can still proceed with a traditional short sale, which may include a relocation incentive from $2,500 to as high as $45,000, depending on their lender, loan amount and individual situation. Either option is better than a financially devastating foreclosure, which can crush a consumer’s credit, hinder their ability to find a future rental, and perhaps even impact their jobs. Banks prefer short sales over foreclosure and even loan modifications because they net 12 percent to 25 percent more money from them. DO YOU QUALIFY? The Short Sale Lease-Back Program is now interviewing California applicants for qualification in this new program. To qualify, homeowners must: Live in the property as their primary residence. Have steady, verifiable income. Have a valid hardship and be able to qualify for, and complete, a HAFA short sale. Want to know if you qualify? Call us today at 951-778-9700 to make an appointment for an interview. ...read more