Five Year Housing Chart for Temecula, California I've recently provided a copy of this report to our local officials for the City of Temecula. This information may prove helpful in determining city budget forecasts for the coming year as they evaluate the impact the downturn in our housing market has had on their revenue stream.  Of course property tax revenue is just one source of income for the city but a major one. As the state continues to wrestle with a budget that may or may not include some trade-off between property taxes and vehicle license fees, a city like Temecula that is approaching residential build-out needs to know where current property values are.  As you look at the attached chart and graphs, you will notice that the number of sales has declined steadily through 2007... 01/10/2009

First Time Home Buyer Program for Temecula residents! The response was so great we are holding these Seminars every week the entire year of 2009.  Call toll free for more information:  866-621-0155! This is a great program and a great time for First Time buyers to purchase a home here in Temecula City Of Temecula FTHB Program Free list of Bank Owned Homes Click Here (First Time Home Buyer) Call me to schecule a personalized appointment with my Certified Mortgage Planner at: 866-621-0155 We will explain the whole process and get you qualified for a loan and find you your first home!! www.cityoftemecula.org/Temecula/Government/Redevelopment/FirstTimeHomeBuyer The primary objective of the First Time Home Buyer Program is to provide housing inventory on a continuing basis which will be ava... 01/08/2009

Inland Empire Real Estate Market Report! Riverside County Sales Activity rose 27.3 percent year to date through November, 2008. Median Price for Riverside County is currently $290,670.00, this is a decrease of 40.2 percent from last November where the median price was $484,630 in November 2007. Call me about New Home values with "unpublished" prices and specials on houses that the builders need to get sold quickly. Town-homes starting at $170,000.00.  (866) 621-0155   Unpublished Prices, Builder Close Outs, Standing Inventory!     01/08/2009

I have seen this video before.... but everytime as a father of three... one being a son.  I must take the time to share it.   This is not my normal type of blog so I am stepping a little bit out my shell. Meaning what does your basic Temecula / Southern Calfornia Agent know about inspiration. Not much but this video made me want to share this with as many people as possible.   The father in this video is amazing and even though I try to be an amazing father for my children even this inspires me to be better.   Everyone with children, I ask maybe you can be inspired to do just a little more. That is my challage for myself and I invite all of you with children to do the same.   God Bless,   Tim Taggett Serving with Honesty and Integrity! San Diego: (760) 481-3152 Temecula: (951) 240-5645 ... 01/04/2009

My husband spent the week before Christmas in a very remote part of Nigeria, on the Continent of Africa, where he had an all expense paid trip to consult with their land development team organized by, Cityscape of Legos, Nigeria.   (Beach Photo's Below) You say Africa and I say Diamonds.  Of course I wanted only "Conflict Free" diamonds.   However, there were no shopping malls or even any stores....no place to get the diamonds that I asked for.  Just friendly indigenous locals.      So, when my jet lagged husband returned from his 16 hour flight, I told him that I was so happy he was home that all I wanted for Christmas was a walk on the beach and dinner at my favorite Mexican restaurant.   (Norte, My favorite Mexican Restaurant in lovely Carlsbad, California.) So after all of the famil... 01/02/2009

Hi Again Everyone,   This blog I am sure come tomorrow or the next day there are going to be many blog postings about goals for 2009 well this Temecula Real Estate Consulant wanted to be the first to share with the world the importance of goal setting and my personal goals for the upcoming year(s).   First of all all successful people set goals however it seems like less than 20% of them write them down.  I have decided to take one set further from writing them down this year and share them with you and the rest of the world.   To give a background of goals and the "proper" way to set them up, there are short term and long term goals both of which are very important. The definition for short and long term can be kind of tricky because based on all of the books, college, sites, audiobook... 12/31/2008

If you have an extra Christmas Tree that you could donate to a good cause, please read.   I had a 9 ft. Christmas Tree that I donated to Charity for Charity, founded by Charity Prestifilippo, here in Temecula.   Since I donated that tree I have had a couple of requests from individuals wanting the tree also, but this one from House of Metamorphosis was the most touching.   House of Metamorphosis is a non-profit organization that offers an "Opportunity for Change" to individuals rehabilitate their lives from drug and alcohol addition.    Please call:  619 236-9492 and ask for Andrew if you have a tree for this life changing non-profit group.   House of Metamorphosis has been helping people since 1976 to rehabilitate their lives from drug and alcohol addiction.   What I thought was remark... 12/11/2008

The City of Temecula Redevelopment Agency Home Improvement Loan Program for First Time Home Buyers The City has determined that many homes eligible for the First Time Homebuyer Program are in need of some repair. In the current market many of these affordable homes are Bank-Owned properties that may have suffered some distress either at the hands of former owners or through neglect and vacancy. This program is designed to work in tandem with the First Time Homebuyer Program. Property Type: Single Family detached homes, condominiums, townhouses and manufactured homes on a 433 permanent foundation. Property Location: Within Temecula City Limits Maximum Amount: $10,000 Loan Terms: A ten year loan at 5% interest. The loan is forgiven on the maturity date if the terms have not been breached.... 12/10/2008

The City of Temecula Redevelopment Agency First Time Buyer Program The City of Temecula FTHB Program is designed to provide loan assistance to lower income persons in the purchase of their first home. The amount of assistance available depends on the buyers qualifications and the price of the home. The maximum amount of assistance is 20% of the purchase price plus closing costs up to a total of $65,000. Loan Terms: This is a 30 year 2nd mortgage loan at 5% interest. The loan is deferred for the first 5 years, then fully amortized in years 6 - 30. If the borrower transfers title, ceases to occupy the property as his or her principle residence, or refinances with cash taken out, the loan becomes due and payable. To Qualify: The purchased cannot have owned a home for the previous three ye... 12/10/2008

Today's market is a learning experience, everyday the rules change. Just when I think I have it figured out something new drops in. We are rewriting the Real Estate game. Everything from marketing to negotiating a deal. For those out there that think Realtors make easy money, you don't know how stressful and difficult it really is.  My satisfaction comes from truly helping people in this trying time.   It is not as it was a few years ago when people "wham bam" made an offer and closed in 30 days or less. The agents and brokers out there today are surviving because they have adapted to what it takes in today's market place.  When they talk listen don't think because you heard or read it in the newspaper you know better. The media and real estate reality are not even in the same room. You... 12/03/2008

Banks are beginning to see the best they can do is close the Short Sale and accept the loss. If they don't we have an even greater number of REO's dumped on the already saturated market place which is driving prices even lower. The biggest problem is when asset managers hire their favorite BPO agent to come in and do a BPO in an area they are not familiar with. The lender then sets an unreal price that won't be competitive in the current market. Further slowing down the sale.   I have heard Countrywide is hiring more negotiators to help with the overload of NOD's. But are they educating them? What are their back grounds? I know it's a number's game and nobody wants to take a loss. But how can they make rational decisions faster? The longer it takes to negotiate a Short Sale the more the... 12/03/2008

I've been working with a great couple from Oceanside who are first time home buyers and are also engaged to be married next year.  We've been looking for a home for them since July.  Yes, July. A lot of people think that since its a buyer's market that it should be EASY to get a smokin' deal on a house.  Guess what so does everyone else!!  So we've seen just about every property there is to see in South Temecula that was under $220K.  We've seen major fixers, we walked in open side garage doors (per the instructions in the MLS mind you), we've seen a body laying on the floor of one of the properties. We had an offer in on a short sale for two months only to be outbid at the last minute by a cash offer a few thousand more than our offer. Just recently we were one of two offers being cons... 11/25/2008

  The seasons are changing and it's finally beginning to feel like autumn in the Temecula Valley. Every year at this time the Temecula Valley Woman's Club hosts its annual Holiday Home Tour. This year the homes selected were in the wine country . Laura and I decided to tour the three homes chosen for this year's tour this morning. We started at Keyways Winery where owner Terri Pebley's home is located.     Cameras weren't permitted inside any of the homes, but I'm happy to show you the exteriors. The Pebley home is 4,300 square feet, and you get the feeling you're entering a wine cellar when you walk in. There are carved solid oak arched doors, a carved wood bar, natural stone walls and a slate floor. It's truly magnificient. Next up was the incredible Hassler home.     You arrive via ... 11/22/2008

Only one of these beautiful and spacious homes left.  Priced at $299,000.00 this brand new 3507, Five bedroom home is the best value I have found in the Valley.  These homes are ready now and come with the following:   Window Coverings Block Wall Finished Yard Granite Countertops Upgraded Flooring Move-In Ready Short Escrow    Yard and Park             I have others in throughout the valley but none as large as this one.    And at only $85.00/sq. ft. price it is the best value I have found to date. 11/22/2008

After 45 days of bi-weekly phone calls to CW then being assigned a negotiator and now three weeks of shaving down the HUD 1 and my commission to 3% total, I have both sides. I find the seller had a pending law suit for a loan gone bad. This resulted in a lien being put on the house. This last week was negotiating with the attorney to remove the lien during escrow. I will pay the lawyer $3000 at the close of escrow the buyer has offered to split this with me. Great People!! So next week or what there is of it I will have to resubmit a HUD 1, (I think this is the 5th or 6th HUD1) thank you Fidelity Title and Escrow. Whether or not CW will approve money$ going some where other than their pocket, I don't know. But I will submit. My buyers are great people and truly want this house. I have ... 11/21/2008

11-20 woine country bank owned Temecula Valley Wine Country Bank Owned Homes Million Dollar Foreclosures = Opportunity Find yours at: SouthwestCaliforniaHomes.com  ATTENTION:   If you've ever though about owning a home in the Wine Country but prices were just too steep - check out these bank-owned beauties. Some are even Brand New Construction, all are on acreage, many offer expansive views from the mountains to city lights. Plant your own vineyard and live the dream!   Helpful Programs That SouthwestCaliforniaHomes  Found For Temecula Valley Wine Country Buyers. (May not all apply to 1 home)   $7,500 TAX CREDIT!     FREE HOME WARRANTY!    BROKER REBATE!    FREE HOME INSPECTION!    FREE APPRAISAL!   TEMPORARY INCREASE IN VA LOAN LIMIT!   HIGHER FHA LOAN LIMIT!    CLOSING COSTS PAID! Th... 11/21/2008

I am happy to announce that Animal Friends of the Valleys, is able to continue offering spay/neuter vouchers for Dogs and Cats.   The vouchers are valid for $100.00 off the price for spay/neuter for dogs and $50.00 for cats. A list of participating veterinarians is available at the AFV office.   Act quickly, vouchers will be on a first come first serve basis.   For more information contact Animal Friends of the Valleys at (951) 471-8344 or visit the office at 33751 Mission Trail in Wildomar.   Click Here for their web-site! 11/13/2008

                        Want to find a Bank Owned Bargain in Temecula or Murrieta?                                                          YES????                          We can help you get into that Temecula Bank Owned Home                                                                           GET BANK OWNED HOMES BY EMAIL HOW?  Sign up here to let that next deal on a Bank Owned Home find YOU as soon as it hits the MLS. There are several Hundred Bank Owned Homes in Temecula and Murrieta. SIGN UP HERE TO GET A FREE LIST OF TEMECULA BANK OWNED HOMES FOR SALE sent to your inbox DAILY. You can also get a free list of MURRIETA BANK OWNED HOMES FOR SALE sent to your inbox, SIGN UP TODAY! If you want to see some homes now, you can see all Temecula HOmes for sale here Murrieta Homes for ... 11/11/2008

Here is a simple checklist for walking through a bank owned property.     Some of these things may be missing: Air Conditioner Heater Water Heater Kitchen appliances Bathroom fixtures Also check for: Sinking floors or that spongy feeling under your feet Mold smells or visual mold of any kind Look under sink cabinets for leaks and mold Water stains on the ceiling-check every room even the downstairs rooms because a leak could have occurred in an upstairs bathroom!   Many of the problems with bank owned homes are superficial and cosmetic.  Dead lawns come back to life quickly by flooding them.  Paint will fix most of the dirty walls or weird colors.   Making a list of each house you go into will eliminate trying to remember later.    The best homes with few problems do not last long.  Th... 11/09/2008

In my never ending quest to put Temecula on the map and make outsiders aware of some of our finer points, I am today featuring "De Luz".   Going North on the I15 Freeway and exiting Rancho California Road here in Temecula can take you to two great destinations.  Going right takes you to the Temecula Wine Country and going left will take you to De Luz.      De Luz has many beautiful mansions and also is own "Crosscreek" Golf Club.          De Luz is in both Riverside County and San Diego County, extending to Fallbrook which is in San Diego County.       Just 18 miles from the California Coastline Some views from the mountain top homes will give you a view of the Southern California Coastline. Call me for information on De Luz or the Temecula Wine Country.     11/08/2008