Anaheim, CA Real Estate News

By Todd Foust, North Orange County, Anaheim Real Estate Brea Rea
(FOUST Team Real Estate)
Insurance For Your New CA Home   In addition to the other details in escrow, you will also need to check into homeowners insurance (also known as fire insurance). Many lenders will require an insurance policy to be in place prior to funding your loan so the first thing you need to do is ask your lender if you need it. Homeowners insurance is not always necessary, but your lender might require it, so it is important to be asking these questions early. We'd say no later than the first week or two of escrow. If your lender does not require it, we recommend getting a policy anyway after escrow is closed. It is a good idea to talk to your current insurance providers (car, life, etc.) to discuss insurance policies for your home. If your current provider does not carry homeowners insurance the...
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By Todd Foust, North Orange County, Anaheim Real Estate Brea Rea
(FOUST Team Real Estate)
3054 Associated Rd. #28 Fullerton CA, 92845-For Sale!   3054 Associated Rd. # 28Fullerton, CA 92835Best Buy in the Area!$125,000- 1 Bedroom, 1 BathroomSingle level upstairs Park Ridge condo priced better than any standard sale in the area. Park Ridge is a very nice gated community near the cities of Fullerton, Brea, and Placentia and close to Craig Park, Brea Mall, freeway access, and Cal State Fullerton. This unit could use cosmetic repairs/updating so you'll need a little imagination. Budget for some carpet, some paint, and maybe an inexpensive kitchen facelift and you can upgrade it the way YOU want for not much money. This unit has a lot of potential with design features like dramatic vaulted ceilings that could make it stunning. This is a good opportunity for home or investment, do...
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By Todd Foust, North Orange County, Anaheim Real Estate Brea Rea
(FOUST Team Real Estate)
Waiting For The Right Market? Read This!   We all know the importance of timing and its importance is undeniable in all things, even in real estate. So it comes as no suprise that one of the biggest things real estate buyers and home owners agonize over is when to make their move. If Orange and Los Angeles County home buyers and sellers are pondering these same things, the first thing they should do is read our top percentage theory to make sure they understand the current market situation. If they are fairly comfortable looking further into whether the time is right, this guide will help them to make a good decision.Crystal Balls, Fortune Tellers, Weathermen, and Bar Room EconomistsSo the paper says I'm crazy to buy real estate, the magazine says I can't sell my house because the marke...
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By OC Bank Owned Homes Specialist Realtors in Orange County CA
(Keller Williams Realty REO Experts)
Our Website is the hottest thing since slide bread when it comes to hunting for ANAHEIM BANK OWNED HOMES.  Fill out my Wufoo form!             ANAHEIM BANK OWNED HOMES ANAHEIM BANK REPOS ANAHEIM FORECLOSED HOMES ANAHEIM CONDO FORECLOSURES    
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By Todd Foust, North Orange County, Anaheim Real Estate Brea Rea
(FOUST Team Real Estate)
Craftsman Homes: The California Bungalow House   Craftsman homes are very distinguishable and have become increasingly popular among home buyers over the last few years. As more and more home buyers are discovering the wonderful appeal of these older houses, a lot of questions are emerging regarding the history of Craftsman homes. History   During the early 20 th century, Craftsman homes, or bungalows for short, were built as a response to the industrial revolution and the era of elaborate Victorian architecture. The Arts & Crafts Movement started in England and was the driving force behind the California bungalow. Architects and designers such as Greene and Greene, Gustav Stickley, and others were striving to encourage design according to the simpler scaled down principles of the Arts ...
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By Ann Urias, Your Real Estate Concierge
(Aston Group - Orange County Real Estate)
Anaheim Short Sale Another success !!!!!!!! The seller had owned the home for 14 years and had refinanced multiple times. He had one loan for $ 490,000 We received an offer for $ 335,000 with in 4 weeks of listing agreement. The short sale took 5 weeks to get approved by the lender. Then 30 days to close escrow. 1st lender accepted $ 292,800 The bank paid all past due taxes, termite work, escrow, title and commissions. This seller received a full settlement. Interested in short selling your home contact Ann Urias with ReMax Homes and Estates Pre-Foreclosure division. www.remaxann.com for more info. List with an experienced Orange County Short Sale Specialist #01451803
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By Todd Foust, North Orange County, Anaheim Real Estate Brea Rea
(FOUST Team Real Estate)
Learn "How To Get A Loan Modification in the OC" For FREE   With falling home values, adjusting interest rates, and a sluggish economy many Orange County homeowners are looking to get out from under their house payments. Problem is a lot of people are being ripped off by fraudulent loan modification companies.What Can We Do...?We're here to help you but:1) We don't want your loan modification business!!!....... Especially if that means we have to charge you for our help.2) We really don't want you to have to short sale your home!!!.....A short sale should only be a last ditch effort to avoid foreclosure when loan modification and payment options have been exhausted.3) We only can offer this help in the area we know, The Orange County CA areaWhat Do We Want Then....This may sound contrar...
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By Todd Foust, North Orange County, Anaheim Real Estate Brea Rea
(FOUST Team Real Estate)
New EPA law affects OC Homeowners   As of this week, a previous law is now in effect regarding construction and renovation and lead based paint. Owner/sellers oflder homes, built prior to 1978, must jump through a new hoop if they plan on doing any repairs, renovations, or construction that will affect the paint in their home. We already have a lead based paint disclosure in place for owners of homes of this vintage but here are the new changes:1) Owners who hire contractors and repair tradespeople must insure that they have been trained and certified by the EPA (Environmental Protection Agency) to prevent household contamination of lead based paint.2) Contractors must also give owners an EPA lead brochureAdditionally, renovators must deliver EPA's lead renovation pamphlet to an occupan...
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By Todd Foust, North Orange County, Anaheim Real Estate Brea Rea
(FOUST Team Real Estate)
New President Homes Listing   Fullerton, CA - Finishing up some projects like this beautiful new patio cover. This is a great 3 bed floorplan coming by months end. This will make a great home for somebody! Fullerton some of the nicest homes and neighborhoods in North Orange County.  Even buyers interested in Anaheim should consider the Fullerton areas - they might find the perfect home.
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By David Dee, Real Estate - San Gabriel Valley (L.A.) & N. Orang
(RMX REALTY)
Anaheim CA Real Estate Market Report March 2010       There were 130 homes that closed within the month of March 2010 for Anaheim California, compared to 121 homes closed in March 2009, an increase of +9. Sales Volume for homes closed in Anaheim CA for March 2009 was $40,040,680 Sales Volume for homes closed in Anaheim CA for March 2010 was $48,639,200 Average list price for homes closed in Anaheim CA for March 2009 was $333,133 Average list price for homes closed in Anaheim CA for March 2010 was $374,204 Average SOLD price for homes closed in Anaheim CA for March 2009 was $330,915 Average SOLD price for homes closed in Anaheim CA for March 2010 was $374,148 Average Days on Market for homes closed in Anaheim CA for March 2009 was 80 days. Average Days on Market for homes closed in Anahe...
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By Mike Pahua, Orange County Short Sale Realtor
(Orange County Real Estate)
Charming property located in quiet cul-de-sac. Upstairs loft area, upgraded bathrooms and kitchen.   View all these foreclosures at http://www.pgcoastal.com/3/W0000016061/P0000328618.htm
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By Todd Foust, North Orange County, Anaheim Real Estate Brea Rea
(FOUST Team Real Estate)
New Homebuyer Tax Credit For Californians   Assembly Bill 183, the Homebuyer Tax Credit legislation has officially been signed into law! AB 183 provides $200 million in tax credits, half of which is allocated toward first time buyers purchasing existing homes and the other half for first time buyers purchasing new or never occupied homes. Here's the important dates:One must purchases a home on and after May 1, 2010, and on or before Dec. 31, 2010orOne must purchase a home on and after Dec. 31, 2010, and before Aug. 1, 2011, if under contract before Dec. 31, 2010.How much is the credit?The credit is the lesser of 5 percent of the purchase price or $10,000, in equal installments over three consecutive years. Catches? Purchasers must live in the home for at least two years or pay back the ...
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By David Dee, Real Estate - San Gabriel Valley (L.A.) & N. Orang
(RMX REALTY)
BEAUTIFUL SUMMERWIND GATED COMMUNITY - ANAHEIM CA   Right in the heart of the City of Anaheim California is this gated community of Summerwind. This is a newer upscale gated complex of homes built in the 1990s.  There are a total of 170 units in this Summerwind Community. It consists of 3 stories with a 2-car garage. There are 3 floor plans within this resort-like community. With 2 and 3 bedrooms ranging from 1440 to 1622 square feet, this is a great community for those who want low maintenance after coming back from a long day of work. The Summerwind Homeowner Association due is $280 per month. Amenities include 2 Spas, Pool, and Club House. Each homeowner is responsible for their own trash/rubbish. It is located between Harbor Blvd and Haster St, and Chapman Av and Orangewood Av. Very...
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By David Dee, Real Estate - San Gabriel Valley (L.A.) & N. Orang
(RMX REALTY)
Anacapa Private Gated Community, Anaheim CA   Anacapa is a gated community of homes in the City of Anaheim California. The selection of 3 to 4 bedrooms should be adequate enough to accomodate a buyer looking for something fairly new and secured. These 2006 built homes range from 1700 to 2100 square feet.     It is a great location with proximity to Knott's Berry Farm and Disneyland is only a few miles east from this location so you'll get to enjoy 2 amusement parks within a very short drive! The monthly HOA dues are approximately $250/month.       Some features are spacious master suite with walk-in closet, inside Laundry, 2-car garage and large Patio. Community park with green belt area and bar-b-ques.   For those homeowners living in Community of Anacapa, the schools are as follows. T...
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By Jorge Martinez, Espanol Spanish Bi-Lingual Agent
(North Orange County ReMax Realtor)
RE/MAX of NOC  (714) 423-1993 Jorge MArtinez  If you are in a situation where:   Job loss   Business failure   Job relocation   Income reduced   Illness and medical cost   Divorce  or death of spouse   Rise in monthly obligation   Interest rate readjustments/ increase   Property damaged from natural disasters   Military Service   Incarceration   Mortgage increase   Behind on mortgage   No equity   In foreclosure WE CAN HELP YOU! It's easy and doesn't cost you any MONEY! !!! When the loan balance on your property is greater than the value of your home. We can assist you with a SHORT SALE Benefits of a Short Sale: A short sale allows you to stay in your home longer ZERO COST SHORT SALE Absolutely no fees or cost to you • Avoid Foreclosure • Avoid Bankruptcy • Reduced damage to your credit...
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By David Dee, Real Estate - San Gabriel Valley (L.A.) & N. Orang
(RMX REALTY)
Anaheim CA Real Estate Market Report February 2010       There were 100 homes that closed within the month of February 2010 for Anaheim California, compared to 124 homes closed in February 2009, a decrease of -24. Sales Volume for homes closed in Anaheim CA for February 2009 was $41,175,688 Sales Volume for homes closed in Anaheim CA for February 2010 was $36,844,388 Average list price for homes closed in Anaheim CA for February 2009 was $330,879 Average list price for homes closed in Anaheim CA for February 2010 was $366,414 Average SOLD price for homes closed in Anaheim CA for February 2009 was $332,062 Average SOLD price for homes closed in Anaheim CA for February 2010 was $368,444 Average Days on Market for homes closed in Anaheim CA for February 2009 was 75 days. Average Days on Ma...
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By Connie Gohata, Results that Move You
(eXp Realty of California)
Many of my fence sitting clients are now starting to call me because they are seeing the market go up and want to get in before it's too late.  These are the folks who were looking a year ago and just couldn't make up their mind.  They wanted to buy at the bottom.  I don't understand that because it would have been maybe a $5/month difference on their payment if they bought back then vs. waiting a couple months for the market to go lower. So, have we hit the bottom?  Have we started to go back up?  I think it's a false reading because the seller's market here in Northwest Orange County, Lakewood, Cerritos, and Long Beach areas are fooling us.  It only seems like a seller's market because the bottom fishing properties are gone or if they appear, they are snatched up in a second by a cash...
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By Dave Gubler, Realtor | Orange County
(Mission Viejo, Foothill Ranch, Lake Forest, Ladera Ranch)
  IML Real Estate Pre-Foreclosure Division (949) 218-0952 www.IMLRealEstate.com   Out of work or has your income been reduced? Do you owe more on your home than it's current market value? Are you going through a divorce? Are you behind on your mortgage payments? Are you burdened with high medical expenses? WAITING TO CONSULT WITH US WILL ONLY NARROW YOUR OPTIONS! A Short Sale May Be Your Solution To A Fresh Start.   WE CAN HELP YOU! It's easy and doesn't cost you any MONEY! Our services are Free!!! WHEN THE DEBT EXCEEDS YOUR HOME'S VALUE... we can help with a SHORT SALE.   Benefits of a Short Sale: • Avoid Foreclosure & It's Consequences. • Avoid Bankruptcy. • Reduced damage to your credit. • Postpone your foreclosure sale date. • Buy again sooner than foreclosure (Short Sale = 2 years....
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By Todd Foust, North Orange County, Anaheim Real Estate Brea Rea
(FOUST Team Real Estate)
The New 2010 Home Purchase Contract   They are at it AGAIN! Those California Assoc. of Realtors (CAR) Lawyers are tireless!The contract to make an offer to purchase a home just went through another round of modifications. We can't believe it but they managed to add stuff without actually making the contract any longer....HURRAY!Actually, we kind of like some of these changes and feel that they really help to clarify some of the terms of the contract and will better keep unethical folks from being able to offer on a property under the false pretenses of one type of financing and then dubiously switch to a less desirable (from sellers point of view) type later. We think this may have a profound effect on some earnest money deposits in the future. Hopefully it is a deterrent but only time ...
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By Jorge Martinez, Espanol Spanish Bi-Lingual Agent
(North Orange County ReMax Realtor)
What are the prospects for Anaheim right now in bank-owned properties and short sales?   As of early February 2010 there were -233 homes for sale (110 short sales, 20 bank-owned) averaging $371,000. -133 condos for sale (87 short sales, 21 bank-owned) averaging $268,000.        Short sales and bank-owned properties average about 4% lower than standard house prices. This makes for a great investment over other types of property, though short sales make for a more difficult time in negotiating a price. For this reason many of them do not make it through closing. For buyers and sellers of short sales, it is necessary to make sure you work with an agent experienced in the negotiation process to ensure your home makes it through escrow.
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