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What you should know about REO vs Standard vs Short Sale

September 9, 2011 By admin 1 Comment
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The homes for sale in Temecula, Murrieta and French Valley areas of Riverside county can be put into 3-4 main categories. This image provides an example of the types of sales in French Valley Winchester California for the previous 30 day period. 1)      Foreclosure properties. When a bank has taken a property back they refer it as Real Estate Owned or REO. When a borrower has missed several payments, the note provides a mechanism whereby a trustee authorizes the sale of that home at public auction (called a Trustee’s Sale) – the proceeds of which are applied to the outstanding balance of the note. If a minimum “reserve” … [Read more...]

Filed Under: French Valley, Market Reports, Market Reports, Market Reports, Murrieta Real Estate, Real Estate Tips, Temecula Real Estate, Temecula Valley, Winchester Real Estate

Market Report for French Valley Winchester California September 2011

September 9, 2011 By admin Leave a Comment
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This is a September 2011 market report for the French Valley area of Winchester California. The past 5 months have been slower in volume than last year by almost 10%.  Previous months sales were 84 compared with 92 during the same time period in 2010. There seems to be some significant amount of inventory not being released by banks with REO properties.   As for Average Price and Days on Market: The average price in French Valley has remained pretty flat over the last 24 months with the actual figure for last month coming in at $241,000. The Days on Market continues to dance around quite a bit. I believe it's just a matter … [Read more...]

Filed Under: French Valley, Market Reports, Winchester Real Estate

31906 Odyssey Dr , Winchester

July 28, 2011 By admin Leave a Comment
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Property Description: Great opportunity to put your finishing touches on a great Van Daele home in French Valley. Property Details: Property Photos: … [Read more...]

Filed Under: $100k-$250k, 3 Bedrooms, Featured Properties, Single Family Home, SOLD, Winchester

Broker Earns Certified Real Estate Pricing Specialist Designation

July 4, 2011 By admin Leave a Comment
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David Northup (the broker for Aim Real Estate Group Inc.) has recently joined the National Association of BPO professionals (NABPOP) and earned the Certified Real Estate Pricing Specalist designation. (Click here for Certified Real Estate Pricing Specalist "C-REPS" BPO professional.) The National Association of Broker Price Opinion Professionals (NABPOP) is a non-profit trade association comprised of Broker Price Opinion (BPO) Practitioners from across the country. NABPOP provides a robust and comprehensive BPO Education/BPO Training Course and is the BPO Certification Authority for Certified Real Estate Pricing Specialists or … [Read more...]

Filed Under: About The Broker, Real Estate Tips, Special Message

29791 Yorkton Rd, Murrieta

July 3, 2011 By admin Leave a Comment
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Property Description: Beautiful two story home in Murrieta. This home features 4 bedrooms and 3 baths with 1 bedroom and bath on the ground floor. Master bedroom features a sitting area and fireplace with views from the Santa Rosa Plateau to the north-west to the Palomar Mountain Range to the south. No neighbors directly behind, instead enjoy a very private block wall and nice views of the community park from the second story windows. Peace and tranquility await the lucky buyer. Property Details: Property Photos: … [Read more...]

Filed Under: $250k-$500k, 4 Bedrooms, Featured Properties, Murrieta, Property Bedrooms, Single Family Home, SOLD

32107 Corte Eldorado, Temecula

September 4, 2010 By admin Leave a Comment
32107 Corte Eldorado

Property Description: Wonderful opportunity to own a home on a quite cul-de-sac in Temecula's Redhawk community. Home features vaulted ceilings in the Living/Dining Rooms as well as the Master Bedroom and 4th bedroom upstairs. 1 Bedroom and 3/4 bath downstairs. 3 bedrooms and 2 full baths with dual vanities upstairs. Patio yard. No neighbors in back. Just a little TLC with this one and you'll have the home of your dreams. Hurry, this one is going to go quick.   Video of 32107 Corte Eldorado, Temecula     Property Details:   Property Photos:   Property Map: View Larger Map … [Read more...]

Filed Under: $250k-$500k, 4 Bedrooms, Featured Properties, Single Family Home, Temecula

39353 Bonaire Way, Murrieta

September 4, 2010 By admin Leave a Comment
39353 Bonaire Way

Property Description: Beautiful East Side Murrieta Home for sale. 4 bedroom 2 bath 1,829 square foot home built in 2003 is located just a few blocks off of Winchester road and sits right on the Temecula city limit. Just minutes from the 15 and 215 freeways and the Promenade Mall, this centrally located home will provide easy access to all that Temecula and Murrieta have to offer. LOW TAXES!!! 1.09891% Tax rate w/ less than $300/yr in other assessments. Effective tax rate will be close to 1.23% (Information deemed reliable but not guaranteed - buyer to verify before submitting an offer). Property Details: Property Photos: … [Read more...]

Filed Under: $100k-$250k, 4 Bedrooms, Featured Properties, Murrieta, Single Family Home