The City of Temecula proactively communicates with it’s citizens through the . .
The latest addition to the City’s “Outreach” effort is called “Temecula Underground”. Click below to learn more..
A rising tide floats all boats and as prices rise, more owners are finding that they can get out from underneath the burden of their mortgage. As prices rise, you can expect inventory to rise. Click here for more detailed info from the LA Times.
If you have completed a “Short Sale” on your home, you’ll want to take a few moments to read this helpful article from the experts at Dedicated Credit Repair.
Click here or on the graphic below to access the article.
You never know who you are going to meet at our local Chamber of Commerce mixer events.
Buying a home will be less expensive than renting unless interest rates go a lot higher. How much higher will they need to go? Click here to find some answers.
GOOD NEWS… LESS is MORE…the economy and the unemployment rate in Temecula are going in the right direction. We have a way to go before we get there but we are going in the right direction. Click here to read the full story from the Press Enterprise.
It’s good news for those that own homes, especially those who are underwater.
Many are now above water and ready to sell!
It’s motivational for those who are on the home ownership fence. With prices
rising over 1% per month there’s clearly a reason to take action ASAP if you
want to become a home owner.
Thanks to the Press Enterprise for their thoughful tips on safety in the presence of garbage trucks. Click here to read the full story.
Two drowing incidents occured yesterday in Riverside County. One fatality in Murrieta and one near miss in Temecula. Both were 2 year old children.
Injury-prevention officials remind parents that drowning is a quiet event and often is not preceded by splashing or screaming. Likewise, a child can drown in less than an inch of water, can lose consciousness in 30 seconds or less, and can have irreversible brain damage after four to six minutes.
According to statistics compiled by the agency, nine children — all younger than 6 — drowned in 2012 in Riverside County. Another 43 children were involved in near-drowning incidents. In 2011, five children died and 36 children were involved in near-drowning incidents.
We’re coming into rattlesnake season so it’s a great time to learn more about the reality that they are here among us. The California Department of Fish & Game provides useful info that can help raise your awareness.
There’s an unmarked “Old Indian Burial Ground”, discreetly located in a shopping center parking lot off Temecula Parkway. In a special Memorial Day article, well known local author John Hunneman asks whether it might contain the remains of Civil War veterans. It’s an interesting question with an interesting answer.
Low Cost Energy Improvement Financing is Now Available
to Homeowners in Western Riverside County
- No Credit Score Requirements
- Low, Fixed Payments
- Over 150,000 Eligible Products
- Make Payments with Your Property Taxes
- Balance Transfers to New Property Owner Upon Sale*
- Interest is Tax Deductible**
Contact us for more info.
Just one more reason Temecula Rocks!!!
This year, the festival is happening on the weekend of May 31st – June 2nd.
Click here for details
More than 50 million people have the bragging rights of being a FICO “High Achiever” (a FICO® Score of 785 and above) which can save them thousands of dollars over the lifetime of a loan. A recent myFICO study reveals that these “High Achievers” exhibit strikingly similar credit habits.
Learn the secrets of FICO High Achievers, including:
- Number of credit cards they carry
- Percentage of available credit they use
- Credit balance they carry
- Credit balance they carry
- Typical history of missed payments
- Average age of their credit accounts
Source – “MyFico.com
Yes… it’s been hotter than normal, and it just seems to continue and continue.
To those among us who believe global warming is a hoax…
I really hope that you are right!!!
What a lovely setting to have our annual Temecula Chamber of Commerce Bingo Night.
Thank you Wilson Creek!!
Yesterday while showing homes to a buyer I couldn’t resist taking a photo of all the cards previous agents had left on the counter.
With this many agents having been in this home,
why is it still on the market when there is such a severe shortage of inventory?
Any ideas on what’s wrong with this picture?
There are more and more signs of life
in the real estate markets.
Is the “Sleeping Giant” waking up?
Should we rent or buy is an important question with an answer that isn’t always clear.
What is clear is that the cost of borrowing money is about as low as it is going to get
and with home prices as low as they are, this is a historically significant window of
opportunity. Click here to read more . . .
If you love animals,
you’ll enjoy helping them out at this event.
More info at http://www.savetheanimalstoday.org
The event takes place in Winchester
( just to the east of Temecula)
If you’d like to know how “where you have been” compares to “where you are now” or “where you are going”, then you’ll find this website informative.
Click to compare here to there or there to here
I took a call today from a tenant who has been good about paying his rent every month on time. This month was no exception but although he paid rent on time, his paycheck had bounced and we should expect his rent check to bounce in turn also.
Apparently, his company had been acquired by another and something had gone sideways in the accounting office. Our tenant was heading off to work with another company and we could expect him to make it right ASAP. I fully expect that to happen.
The good news was that in his line of work, there was strong growth and new jobs opening (he would have no problem finding a new job). Even better, his line of work is construction.
Are things getting better? We think so and this is one more small sign I am happy to share. If you see things changing for better (or for worse), please share your story.
Are you considering a career as a Property Manager?
Take a moment to watch this informative video
“A Day in the Life of a Property Manager”
Good news like this has been a long time coming and I hope their prediction is true. Since Zillow is a leader in real estate data online they are source to listen to. Click the link below to read the Press Enterprise article…
REAL ESTATE: Zillow predicts rise in Riverside home values
If you’re a buyer in the Temecula market put on your running shoes and hire an experienced agent! This market takes me back to when I helped my first buyer in 2003. Here’s my experience with my last 2 offers.
Scenario 1 Cash Buyer
Property just hit the market and was in an auction format through the MLS. After finally getting a call back from the busy REO agent and having a professional conversation about a possible transaction, I advised my buyers to get aggressive by offering 5k over list price, close in 15 days or less with NO Contingencies. There were 4 other Cash offers submitted with ours and WE GOT BEAT! Sound like a Sellers Market?? (Price was 258k for 3bd/2ba, 2500 sq. ft. on 4 acres)
Scenario 2 VA Buyer
Property just hit market and was a standard sale listed on the MLS. Agent frowned upon the idea of a VA loan immediately and almost discouraged me from even placing the offer. Listing agents don’t like to go VA due to being stuck with an appraisal that will more than likely come in under the offer price and kill the deal. The property was available with no offers at 1pm and by 5pm that evening it had 3 offers. We GOT BEAT by a conventional offer. Sound like a Sellers Market?? (Price was 275k for a 3bd/3ba, 2200 sq. ft with 6970 sq. ft. lot)
More to come….
Aaron Flint, Investment Specialist
• Distressed homes – foreclosures and short sales sold at discounts – accounted for 34 percent of February sales, according to the National Association of Realtors (NAR). The bargain basement is open for business. Be prepared to write many offers as the competition is stiff, and many distressed homes need work. Throw your “must have” features out the window in favor of a good deal financially.
• Investors know a party when they see one. They snatched up 64.5 percent more homes in 2011 than in 2010 and now account for nearly one in every four homes sold, NAR reported.
• Know all your costs. More than just a mortgage payment, homeownership comes with insurance, tax, utility, maintenance and transportation costs, among others. Include them in your budget to determine what is truly affordable.
~~the above excerpts from RealtyTimes.com Broadrick Perkins, April 12, 2012
Call US today to find out your options.
Your Sales Team @ Temecula Realty, Inc.
It’s going to rain today, tomorrow. and Monday.
Everything will be very green after this storm passes.