Real Estate in South Orange County California

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Real Estate Agent - Realty Benefit
Living in Orange County is awesome. I can't think of another place I would rather call home.
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Good news, loan rates have dropped. 30 year fixed conforming (up to $417,000) with one point is at 5.875%, and 6.25% with no points (they were MUCH higher last week). Homes prices have dropped, but the number of home sales have gone up dramatically. 62% increase in the number of sales from Sept. ...
10/21/2008
I have two kids, Sarah and Ashley. In May, Ashley turned 23, in June Ashley graduated Cal. State Long Beach and the same month moved to Charlotte North Carolina. She moved to North Carolina because her boy friend, Jay, got a job transfer. He couldn't refuse their offer, and Ashley didn't want liv...
10/18/2008
Trabuco translated means Musket or short gun. I read somewhere years ago, that a Mexican army officer, one of Portola's men, was riding through this area, when he lost his gun, his "Trabuco". I can just imagine him looking all over, retracing his moves looking for his gun and his comrades giving ...
10/01/2008
I am guessing that this is happening all across the country. Bank owned properties being ignored and falling into deferred maintenance. I'm not sure who to blame. I'm sure the banks are overwhelmed. But many of these homes are listed by my fellow agents. Shouldn't the agents at least make sure th...
10/01/2008
ARGH! Are times so tough that people need to steal my signs? Here in Rancho Santa Margarita, we are only allowed to use one type of open house directional sign. We get some out of the area agents doing open house here, using the wrong signs, but the vast majority get it right. I hold open house e...
10/01/2008
I work on my own car - yep, dumb sometimes, but I do. Even some of the major stuff. I recently changed the water pump, the hoses, and the belts on my BMW 740il. Cost me a couple of hundred in parts, but to have that job done, could have easily cost $1000. My car has over 100K miles. This is point...
10/01/2008
Yep, your IRA can purchase a rental property! You didn't know that? It's true, you need to transfer your IRA to a self guided IRA. Then the IRA can purchase and hold title to the home. The home can be rented out and the income (all of it) goes back into the IRA, much like the profits of stocks wo...
10/01/2008
Here is the way I see it. Starting around 2001/2002 home financing got pretty liberal. Loans were made with nothing down. Loans were made without having to prove income. Loans were made giving several payment options, where one of the options didn't even cover the interest charges (but you couldn...
10/01/2008
My Daughter, let's call her "Sarah" (that is her name after all). Gave birth to my Grand Daughter, Laci, 5 years ago, almost to the day. She didn't marry the father, JasonĀ (though they ARE still together). Sarah is a gymnastics coach, and Jason is tile setter. Both have been struggling to find wo...
10/01/2008
(Warning - Make ANY changes to your computer at your OWN risk - see the end...) Along with my Full Time Real Estate Career, I am also a Microsoft Certified System Engineer. Computers have been my hobby (my wife says obsession), since the late 70's. One thing we have all experienced (some may not ...
10/01/2008
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Paul McDuell

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