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Menifee, CA Real Estate News

By Denise Gentile, REALTOR , Riverside County
(Coldwell Banker Associated Brokers Realty)
Why Experience Matters: *21 Years Experience* "Results Driven" Denise Gentile - Your Riverside County Realtor in Menifee, CA.  DRE# 01392403In the fast-paced world of real estate, finding the right guide to navigate through the complexities of buying or selling a property is crucial. As the market continues to evolve, it's become increasingly evident that experience and dedication are indispensable qualities in a realtor. This is where Denise Gentile at Coldwell Banker ABR in Riverside County, CA, shines.With over two decades of experience under her belt, Denise Gentile brings a wealth of knowledge and expertise to the table. Having successfully closed over 300 transactions, she has honed her skills and refined her approach to ensure her clients receive top-notch service from start to f...
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By Sherry Kotvis -Work. Live. Play, Have A Life Worth Living!
(eXp Realty)
Temecula Wine Country I have been working with 3 sets of buyer's in recent weeks. I have one set of buyers that live in Temecula Wine Country and are looking for an investment property. Today we placed an offer on a very nice home that is 3100+ square feet with 4 bedrooms. Nice corner lot with very nicely landscaped backyard. This property is a short sale. List price was $350K Mapleton in Murrieta The next couple I worked with  today was a very nice couple that currently live in Orange County. They would like to buy an investment property to rent out. They like Murrieta and may eventually move here. This house was beautiful. It has 5 bedrooms, 4 baths and home has a pool. Beautiful granite countertops and dark woodwork throughout. List price was $299K. I also introduced them to Menifee....
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By Sherry Kotvis -Work. Live. Play, Have A Life Worth Living!
(eXp Realty)
I live in Menifee Valley which is an area just north of Temecula. I had a really interesting call from a client today asking about Romoland. Romoland is located on the outskirts of Menifee  just east of the 215 corridor and off the 74, both east of Menifee Road and north west of Menifee Road. This is where I thought Romoland was until today I recently discovered Romoland is also located just north west of Murrieta Road and Rouse! I found this really interesting as I always thought this was Sun City! Most clients too believe this to be Sun City and not Romoland. When representing buyer's, I think this opens up a whole new area of opportunity when trying to locate properties. The properties seem to be less expensive per sq. ft and it may be slightly, just slightly easier to find a propert...
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By Sherry Kotvis -Work. Live. Play, Have A Life Worth Living!
(eXp Realty)
Whatever happened to 'three times' as being the lucky number? That is certainly not the lucky number when placing offers on properties these days, at least here in Menifee CA!  I have been working with a very nice couple in  recent weeks trying to get an offer accepted. How high can we go seems to be the catch phrase these days! What buyer's need to understand is that List Price is not, may I repeat NOT the sales price on a property. Seems hard to believe when I tell my clients that on an REO listing, the list price in most cases is the starting price. When a client sees a two story home with a pool and on a corner lot listed for $150K, they get all excited and goose bumpy. Especially if the home is in their dream neighborhood and smells of fresh paint and carpet. They begin laying out ...
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By Sherry Kotvis -Work. Live. Play, Have A Life Worth Living!
(eXp Realty)
Just the facts mam. Here is the latest in Real Estate in Menifee, CA Real Estate. Menifee Active Properties Currently there are 193 active properties in Menifee, 92584. That may seem like alot, but here's the break down: Of those 193, 180 are single family homes and do not include condos, townhomes or manufactured homes. 68 of those properties are Standard Sales. This number can be a little deceiving, thinking that there are more Standard Sales coming on the market, but those 'Standard Sales' include investor flips. 78 of those properties are Short Sales. 40 of those properties are Bank Owned Homes. Menifee Pending and Back Up Properties In contrast to available properties there are currently 100 properties in back up status and 175 currently in escrow.  
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By Paul C. Wilkinson, GRI, REALTOR -Menifee, Murrieta, Temecula - (951)
(CENTURY 21 Preferred)
Dear Mr. & Mrs. Home Seller, Have you ever wondered..."hmmmm....Why hasn't anyone looked at my home for sale?"  Of course you do, and maybe your agent IS right and you have it priced high? Maybe you should make it less tattered looking from the street?  OR maybe the agent (at your request) added a comment in the Agent Remarks section that drives other agents and their buyers away like the plague. Here are a few ACTUAL examples that I found, as I was looking through the Muliple Listing Service (MLS), of some 2009 homes that didn't sell.  These comments may have kept me, other agents and buyers from looking at your home. ------------------------------------------------------------------------------------------------------------------- 1.  "Seller to Find Suitable Housing Before Close of E...
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By Sherry Kotvis -Work. Live. Play, Have A Life Worth Living!
(eXp Realty)
Yes. I must be a work aholic! When I should be at a New Years Eve Party and toasting in the New Year with Friends, instead I just met with a client and submitted an offer on a very nice bank owned single family home in Menifee. The market's tough and any kind of competitive edge I can get....I'll take! After countless offers for my clients, let's hope while everyone is is partying my offer will be one of the only ones submitted and we can get an acceptance.... Happy New Year and wish me luck!
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By Sherry Kotvis -Work. Live. Play, Have A Life Worth Living!
(eXp Realty)
First of all I apologize! I meant to write a Merry Christmas Blog before Christmas and not days after! Out of town company brought business to a temporary hault. But we had a fantastic time. As a local resident we spent Christmas Eve enjoying the Christmas Light display and walking from house to house enjoying hot chocolate and bonfires at Belcanto on the Lake. I have to say that this is the first year we took a strohl to this neighborhood on Christmas Eve. I was absolutely blown away by the hospitality from perfect strangers in this wonderful community. The air was wonderfully crisp and full of joy. I look forward to New Years as well. We will be going back for one last strohl and cup of hot cidar before the decorations are taken down for another year. If anyone wants to witness the tr...
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By Paul C. Wilkinson, GRI, REALTOR -Menifee, Murrieta, Temecula - (951)
(CENTURY 21 Preferred)
As a resident of Menifee Lakes, every year my wife and I drive around the neighborhood (Menifee Lakes Belcanto Tract, in particular) to look at all the  decorated homes.  There was a Sleigh pulled by Clydesdale horses, Christmas lighted golf carts, lighted wagon rides, fire pits, music and Christmas cheer and beautifully decorated homes where ever you looked. I would like to share with you a couple photos of one particular neighbors (garage) who wins "Best Decorated Home" every year from the Menifee Lakes Master Home Owner's Association.  I must admit, well deserved!  If you're in the area, be sure to stop by and see it before it goes back into storage for the year! The panoramic Christmas city photo below unfortunately only shows about a quarter of the garage and the wonderful city bui...
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By Paul C. Wilkinson, GRI, REALTOR -Menifee, Murrieta, Temecula - (951)
(CENTURY 21 Preferred)
That is what I had to tell my friends after they've already suffered through a difficult year (2009).  They have dealt with hardships,  unsuccessful loan modification attempts and a bankruptcy.  After foreclosure they rented a home through a property management company who told them the home was not in foreclosure.  At the time, I had looked up the address on-line and confirmed that the home was not showing as a foreclosure, but warned them that the web site I used was not immediately updated.  During a recent visit with me they asked me if I knew "How much their recently foreclosed home had sold for?", so I looked it up and told them.  They then wanted to know, "How much did the house they were renting originally sell for?", so I looked it up and...  .....Whoa....FORECLOSURE....with No...
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By Sherry Kotvis -Work. Live. Play, Have A Life Worth Living!
(eXp Realty)
I recently met a very nice elderly couple that lived on the outskirts of south Temecula (Aguanga to be exact). They called me to short sale their dream retirement home due to some health issues. They were devastated that they needed to move from a remote area to a more heavily populated area where they would have access to doctors. With 50 years of excellent credit along with a history of always being a homeowner, renting seemed like a hard pill to swallow. So we got creative. I got on the phone and started calling 'standard' sales to see if any sellers would be willing to carry a loan. After numerous phone calls to standard sales in Menifee, Sun City, Temecula and Hemet we kept coming up with what seemed like a hopeless task, Through perserverence and determination, I am happy to say w...
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By Paul C. Wilkinson, GRI, REALTOR -Menifee, Murrieta, Temecula - (951)
(CENTURY 21 Preferred)
1.  TAKE AN 'OFFENSIVE DRIVING' COURSE -  a couple reasons; Designed to teach the fine art of changing lanes (up to four at a time) on a busy freeway, squeezing between two cars on an exit ramp while stopping in time NOT to crash into the vehicle in front of you or from behind. Learn the fine art of aggressively speeding through store parking lots as you search for that elusive parking spot closer to the entry AND to speed into a spot of a recently vacated vehicle before the one that's been patiently waiting for 5 minutes (with blinker on) can take it.   I find both of these techniques to be very 'offensive' yet time saving for those who don't have time to wait like everyone else. 2.  GO TO THE GYM MORE OFTEN - Getting in better shape has its advantages. Get to the sale items before the...
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By Paul C. Wilkinson, GRI, REALTOR -Menifee, Murrieta, Temecula - (951)
(CENTURY 21 Preferred)
HEAR YE! HEAR YE!   All noble lords and ladies of the township of Menifee are, hereby, called to the;     What:     MENIFEE MAYOR'S BALL     Theme:  "A Night in King Arthur's Court"     When:     January 23, 2010, from 6 pm - 10 pm     Where:    Valley Wide Recreation Center     Cost:   $60 per person                 $110 per couple                  $200 party of 4      Attire:  Black Tie   (Ye Ol'English garments Optional)   Hosted by the Rotary Club of Menifee        Call Linda for information: 951-672-1731
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By Paul C. Wilkinson, GRI, REALTOR -Menifee, Murrieta, Temecula - (951)
(CENTURY 21 Preferred)
I keep reading comments on all the blogs about how this ruling will NEVER stand-up! Here's the quick and dirty:  Couple buys house, couple falls into financial hardship, couple late on payments, lender starts foreclosure on house, couple says "wait lets work it out", state says lender to conference with owners, lender refuses to conference 'nicely' with couple, judge gets angry, lender loses, couple awarded home free and clear! Whether it holds up or not the judge sent a strong message to every one in the industry.  Whether you agree with me or not....I say; IT'S ABOUT TIME! Sure it's "just" a ruling, but It's also amazing the number of many home owners are in similar situations that have fallen behind in their payments because of an actual hardship, and when they've extended all possib...
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By Paul C. Wilkinson, GRI, REALTOR -Menifee, Murrieta, Temecula - (951)
(CENTURY 21 Preferred)
"BLACK FRIDAY" is generally the Friday immediately following Thanksgiving Day in the United States and typically the kick-off of the traditional Christmas shopping season. What suprises me, is that in this day of "Political Correctness" someone hasn't come along and decided that the descriptive name of this busy shopping day does not seek to minimize social offense in gender, racial, cultural, sexual orientation, handicap, and age-related contexts. Examples of language commonly criticized as "politically correct" most recently include name changes to the H1-N1 Virus, formerly known as the "Swine Flu Virus" because of the offense it caused partiular organizations and ethnic groups.   Gender Neutral terms such as "Police Officer/Fire Fighter" in lieu of "Policeman or Fireman".  Historical...
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By Sherry Kotvis -Work. Live. Play, Have A Life Worth Living!
(eXp Realty)
After much work and long hours I have the wonderful satisfaction of saying 'Congratulatons' to some wonderful first time homebuyer clients of mine here in Menifee.  The scenario was a bit tricky. First time buyers with an FHA loan. The challenge was finding a horse property that already had many of the ammentities as well as at least one acre of land. The budget was under $200K. We tried going to Anza and Aguanga and even Hemet and Romoland where properties are much more affordable, but  either the distance or the area just wasn't the right fit for my buyers. Finally, we found an area in Menifee, CA that we really liked but properties were either run down or just not the right fit. We searched and searched..alas, we found a fantastic 2 acre property with 2 acres and a pristine manufactu...
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By Paul C. Wilkinson, GRI, REALTOR -Menifee, Murrieta, Temecula - (951)
(CENTURY 21 Preferred)
So it's THAT time of year again!  When the real estate market seems to just dry up and nothing seems to be happening, sales seem to be slower, and some make the mistake and say..."Well, I'm going to wait until next year to buy/sell my home!."  Let's quickly look at some reasons homes sales seem to be slow: Buyers - have decided to wait to buy a home "until next year".  Why? Because "the holidays are coming up", "they really want to start saving for all those gifts", "they don't want to move during the holidays", "they may or may not be taking a trip", etc...the list goes on and on, the reasons are different but are really the same. Sellers - Have decided not to list their home "until next year" because, "they don't want to be disturbed during the holidays", "family is visiting from out ...
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By Sherry Kotvis -Work. Live. Play, Have A Life Worth Living!
(eXp Realty)
As a full time Realtor in the Menifee and Temecula Valley's, I meet many clients that are struggling to make mortgage payments. Currently there are many homeowners that owe more on their properties than the home is actually worth. Many American's are faced with difficult decisions. In recent time there have  many scammers preying on  homeowners in financial distress who are willing to spend their last dollars to grab a chance at saving their homes. Due to this raising phenomenon in recent times legislation was recently signed that anyone charging a fee in advance of negotiating a change in their terms is strictly prohibited. SB 94 is the new law and became effective October 11, 2009. The law is designed to stop mortgage modification consultants who have taken thousands of dollars from b...
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By Sidney Kutchuk - Realty Works Temecula Kutchuk - Realty Works Temecula, Realty Works Temecula
(Realty Works Temecula)
GREAT PRICE ON LARGE SOUTHWEST RIVERSIDE COUNTY HOME This Menifee Home is in a very desirable area of Menifee.  Close to the 215 and close to shopping! $299,000 - Standard Sale - Seller will pay closing costs!!!!! 10,000 sq. ft. POOL SIZED LOT   5 bedrooms, 4 bathrooms 3 car garage The home is 3,300 sq. ft.     The City of Menifee is located just north of Murrieta.  The school district has high ratings with the great schools website, as does Murrieta, and you can check out the schools here.      Please call me for information on Menifee Homes and homes in Southwest Riverside County.     Jane Grant   ~    DRE:  01109492Southwest Real Estate, Inc. Telephone:  866 621-0155Website:  www.soreal.bizAdditional Website:  www.servingtemecula.com Blog:  www.janegrant.biz Blog:  www.janegrant.word...
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By Sidney Kutchuk - Realty Works Temecula Kutchuk - Realty Works Temecula, Realty Works Temecula
(Realty Works Temecula)
I know we have been experiencing multiple offers here in Riverside County's Real Estate  market, but up to 40 in two days!!! This is a new high for potential buyers submitting offers on homes here in Riverside County. With REO properties being limited to approximately 25% of active listings and short sales taking up 75% of the actives, people are panicking and creating an offering frenzy. If you want 0% down, you are really limiting yourself on getting an offer accepted.  Banks want to see high credit scores and down payments. The good news is there is hope for 0% down buyers.  It is called a "New Home", and I know where all of the best deals are and can help you negotiate the best deal as an experienced Buyer's Agent.  Yes, better than a consumer who does not know what the builders wil...
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