Anaheim, CA Real Estate News

By Robert Foust, North Orange County | Fullerton Real Estate | Brea
(Foust Team Real Estate Sales, Master Certified Negotiation Expert)
Wow - the market is surging with buyers for the low priced condos and for the low priced homes for sale.  Just today we received 6 serious buyer contacts for condos in Fullerton and Anaheim at the $200,000.00 and under range.  Fullerton real estate and Fullerton homes for sale have been in short supply, but the demand just keeps growing.  Now buyers for the Anaheim homes for sale in the lower price ranges are swelling too.  If we had 20-30 condos at $190,000 and lower, we could sell them all -- but they are not out there.  And when we do find one , there is already 3-5 offers in at above list price.  Tough market for the low end. Current Fullerton homes for sale, Fullerton homes , and Fullerton Real Estate guides plus an informative expert Real estate blog on all facets of homes and rea...
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By Ron Holborn, Commercial & SFR, Anaheim CA, Real Estate & Short
(Short Sales, Foreclosures, Rentals, Income Real Estate)
     In one month, realtors Tom Moon and Hugh Elder, will be holding an event definitive of our times. The conference (the 2010 REO CON Summit Convention) they will be putting on will bring in experts from all around the country to discuss the opportunities in the foreclosure market. Keynote Speaker Christopher Thornberg of Beacon Economics (list of speakers)        Economists, investors, bankers and real estate researchers among others will be giving talks on how they think fortunes can be realized in the foreclosure market. They will discuss the current laws, have Q&A sessions and demonstrate how you can take part in the foreclosure market and be successful at it. Sounds like a huge event, with the potential for a huge turnout from the regions real estate community – I’m sure this eve...
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By Ron Holborn, Commercial & SFR, Anaheim CA, Real Estate & Short
(Short Sales, Foreclosures, Rentals, Income Real Estate)
    The GardenWalk (GW), near Disneyland of Anaheim, California, was developed to attract high-end shoppers and diners with fancy restaurants and retail shops, but the GW has failed to attract the attention it needs. The owners have just defaulted on a $210 million loan, still owing $188 million on the loan, with the GW now going into foreclosure. Negotiations are still in process, so no date of foreclosure has been set yet. The timing for opening the GW less then optimal, right at the genesis of the economic crisis of 2008, and is the blame for bad consumer response to the opening of the GW. Many factors played into the default: not enough publicity, inconvenient parking for shoppers and the delay in the construction of two nearby hotels. Projections are being made that in the years to...
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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.orangecountyshortsalerealtor.com for more info. List with an experienced Orange County Short Sale Realtor. #01451803
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By Tina Maraj, Celebrating 30 Years of Real Estate Sales
(RE/MAX One)
Tina, I just wanted to take a moment to tell you how much I appreciated the time and effort you put into selling my home in Anaheim. I began searching online for real estate information. I found your blog posts on Property Management and Short Sales. I was considering both so I emailed you. When we met over a year ago I was happy to find that you were professional and caring. You stayed with it even-though it was a "Short Sale" and Countrywide then Bank of America kept changing sales reps and constantly changing the terms of the short sale.  It takes a strong and dedicated agent to pull off such a difficult transaction. Thank you! H. Ray  November 2009 Posted By Tina Maraj If you are not sure if you qualify for a "Short Sale payoff" of your home loan or not please call me.I can give you...
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By Lupe Medina & Oscar Matamoros
(RE/MAX Metro Real Estate Services)
MY  SENSE ON THIS MARKET REPORT. Back in July 2008 Barron's cover story viewed the 21% decline in the inventory of unsold new single-family homes from  2006 peak as a sign the housing glut was easing-up. They have been wrong before as we can see. Where are we now in 2009?. There are no guaranties that the market will easing-up by 2010. We steel see our labor market and the California budget crisis as an element for keeping our housing market on the up's and down and no say when prices will stabilize. What would happen now that our State Governor is contemplating on  bankruptcy our State or become a Federal Territory?. Peter J Wallinson a fellow at the American Enterprise institute stated in 2008 that shrinking the Fannie and Freddie portfolio could take 3 to 5 years. Despite the bad new...
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By Robert Foust, North Orange County | Fullerton Real Estate | Brea
(Foust Team Real Estate Sales, Master Certified Negotiation Expert)
My CPA has put it all down in one easy to understand briefing.  I have attached it as an "informed" professional testimonial for what the new law entails.  I am sure many have re-capped it in their own words, but I wanted to get it straignt from a pro who does this for a living.  Hope it helps all of you.   FIRST-TIME HOMEBUYER CREDIT UPDATE!  November 16, 2009 Dear Robert,  We are contacting you today to alert you to a significant change in the First-time Homebuyer Tax Credit that was written into the recently passed Worker, Homeownership, and Business Assistance Act of 2009. Especially as the close of the current tax year approaches, you may want to take certain steps to maximize your tax savings under the new law.  We are here to assist you and answer your questions.  First-time home...
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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.orangecountyshortsalerealtor.com for more info. List with an experienced Orange County Short Sale Realtor.   #01451803
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By Lupe Medina & Oscar Matamoros
(RE/MAX Metro Real Estate Services)
  San Francisco Chronicle: Legitimized leasebacks picking up momentumBy Carolyn Said11/11/2009Last week, Fannie Mae announced its new "Deed for Lease" program, which allows homeowners in default to lease their home from the lender in exchange for signing over their deed. Now housing advocates and some political leaders say the concept should be expanded further. They hope the government will prod banks to follow Fannie Mae's lead, and they propose leases of three to five years followed by the option to buy back the home. This is not as simple as it seems. Signing up a Deed back to the bank can bring complications, such as living the homeowners open for big liabilities on their mortgage delinquency if they are not able to negotiated a delinquency waiver and have it recorded settle as agr...
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By Robert Foust, North Orange County | Fullerton Real Estate | Brea
(Foust Team Real Estate Sales, Master Certified Negotiation Expert)
Anaheim real estateis just getting crazy again  - run of the mill 4 bedroom home gets 4 offers in three days and then wants "last and best offers" to choose from.  Is this really happening again?  Sure is, for the very popular 350-450 thousand dollar range of homes for sale in Anaheim.  What happened to the buyers market?  Well, the supply has dried up so now all the buyers are fighting over the reachable priced homes in Anaheim.  My buyers chose not to participate, but 3 of the 4 others did offer a scecond and last bid.  Price went up by 30,000 dollars.  This will only stop when we have more inventory to sell - soon to happen I believe. Check for comparable neighborhood prices at www.foustonline.com, Home searches will help you to see what the market is saying.  Also review neighborhoo...
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By Kaaren Hall, You can invest in real estate using your IRA!
(uDirect IRA Services, LLC)
Join RIAOC in it's new location and you'll join hundreds of commercial real estate investors. Each Tuesday morning you'll learn more about commercial real estate at this educational meeting. Kaaren Hall, President of uDirect IRA Services, LLC will speak about buying commercial real estate with a self-directed IRA. Date: Tues Nov 10th Time: 7:30am - 8:30am(networking) 8:30am - 9:30am (meeting) Location: 303 W. Lincoln Ave., Anaheim (NEW LOCATION for R.I.A.O.C.) ( The meeting will be held in the upstairs auditorium of Century 21 - Superstars. ( Location is 1 - 1/2 blocks east of Harbor Blvd. on Lincoln). www.RIAOC.com www.uDirectIRA.com
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By Lupe Medina & Oscar Matamoros
(RE/MAX Metro Real Estate Services)
  October 17: International Day for the Eradication of Poverty The United Nations designated this day to promote awareness of the need to eradicate poverty and destitution in all countries, particularly in developing countries - a need that has become a development priority. At the Millennium Summit, world leaders committed themselves to cutting by half by the year 2015 the number of people living in extreme poverty - people whose income is less than one dollar a day. My take on this subject. 2009 (14-16 May) at the Astir Palace resort in Athens, Greece The Bilderberg Group Meeting in secrecy to plot or plan the future of many nations and by a select number of politicians, bankers, and directors of large businesses. I can almost assure you that poverty is  a concern when these group tha...
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By Ann Urias, Your Real Estate Concierge
(Aston Group - Orange County Real Estate)
RE/MAX Homes & Estates Pre-Foreclosure Division  (714) 588 -7676 ∙  www.orangecountyshortsalerealtor.com   If you are in a situation where: • You lost your job • Your Medical Expenses are too high • Just went through/going through a divorce • You are behind on your payments • You have no equity • You can't afford the cost of selling your home • Your income has been reduced • You are in foreclosure   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 is with a SHORT SALE.   Benefits of a Short Sale: • Avoid Foreclosure • Avoid Bankruptcy • Reduced damage to your credit • Postpone your foreclosure sale date • A short sale will stay on your credit approx 3 years • BE FREE of financial and emotional bur...
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By Lupe Medina & Oscar Matamoros
(RE/MAX Metro Real Estate Services)
Every day I get up and go to work I have to face with the reality. How can we let this happen? Banks owning our homes!!!!.  "Ye who have the gold make the rules" or how do that goes? We cannot longer feel secure that we will have a job tomorrow, some like us are making good that we can't really see it. We are been shut down from every angle by our government who is giving the Banks more power and less regulations. Now Banks by asking homeowners to call when listing their home on a short sale (Pre-foreclosure), as Bank Of America did to some of my clients, have the opportunity to probe the homeowners and ask them if they are interested in given up their home. This individual at the bank was short of asking my client for a DEE-IN-LIEU. We know that this will carry greater risk and homeown...
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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.orangecountyshortsalerealtor.com for more info. List with an experienced Orange County Short Sale Realtor.   #01451803
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Anaheim Ca, First Time Home Buyer Tips- Part 4: All About Sellers                                                                        So you are a First Time Home Buyerlooking to buy a home in Anaheim California. You are a unique individual and your search will vary in most respects from others who are looking to buy. There is always one constant though: you will be buying your home from a seller. Although all sellers vary just like buyers vary, there are 4 main types of seller. Knowing the difference between these sellers can help make your search more productive. First Time Home Buyer Tips- Seller #1- The Short Sale: A seller who has listed their home as a short sale is usually a seller who does not necessarily want to sell but they have no other choice. They have run into hard tim...
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By Theresa Struckmeyer, Orange Ca Realtor
Anaheim, Ca First Time Home Buyer-Part 3: Do & Don't                                                                                                         So you are a First Time Home Buyer looking to buy a new home or condo in Anaheim. You have chosen a great Realtor and are working with a wonderful loan officer who has pre approved you for your loan. Here comes the fun part. It is time to start searching for your home. Before you get started take a look at this list of First Time Buyer Do and Don't because the last thing you want is to run into problems now, especially if they can be avoided. First Time  Home Buyer Do 1: Continue to Save Money. During the time you are searching for homes and even when you have already found your home, saving money is always a smart thing to do. Even...
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Anaheim, Ca First Time Home Buyer: Part 2- How to Choose your Lender                                                                             When it comes to buying your first home, there are many choices you have to make. Making the right choice can mean the difference between a happy first time home buyer and disappointment. Chosing your lender and loan officer is a very important decision you do not want to go wrong on. First Time Home Buyertip 1: First things first, secure financing. Oh I know talking about finances is no where as much fun as going to look at homes but it needs to be the first thing you do. Sure you can start by choosing your agent as they can be a great resource in finding your lender, but before you start looking at homes you need to know what you qualify for....
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By JB Brookman, High School Senior Portrait Photographer
(JB Brookman Photography)
When Anaheim Angel pitcher Nick Adenhart was tragically killed in a car crash the first month of the 2009 season, the team's year was in question.  Adenhart was 22 years old and the top pitching prospect in their organization.  He had just pitched 6 scoreless innings the night that he was killed. Led by one of the best managers in baseball, Mike Scioscia, the Angels came together as a team and rallied around their adversity.  Tonight, they beat the Texas Rangers and clinched the American League Western Division.  About 10 minutes into their  celebration in the clubhouse, the Angels surrounded and joyously soaked the jersey of Adenhart. The Angels have taken Adenhart's jersey on every road trip and kept his locker intact in memory.  The Angels then jogged to the outfield and touched Ade...
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