Menifee, CA

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 will and will not do. Plus, I constantly check inventory so I know what is available.

Don't go into a sales office alone with out representation. It is like swimming with the sharks with no life preserver.

I have references from people I have helped to purchase New Homes.

Call us toll free at 866-621-0155, we also specialize in helping "First Time Home buyers" purchase their first home!

If you are a resident of Palmilla on the Green, a lovely senior golf course community located in Menifee, California and you are considering on selling your home, I have developed a tool especially for residents of this community.

The purpose of the tool is to provide current and up to date information on the neighborhood in terms of recent sales and listings.

This is a fantastic tool ~~~ especially if you are thinking of selling your home ~~~~ and you want to know what your competition looks like! By simply completing a very short form with your email address and home address you can start receiving reports every 4 weeks. For those that want the report more frequently, you can receive it every 2 weeks.

The data comes directly from the Multiple Lisitng Service, which is a database of the most current and up to date information available. This comprehensive data also includes photos, aerial shots of the neighborhood, community information and a graph indicating sales trends.

Even if you are not thinking of selling, this is a fantastic tool that will keep you informed and help you stay on top of what the market is doing.

Buyers are welcome too!

I have met many people that drive thru Palmilla and really love it. They want to live in Palmilla because of the clean neighborhood, beautiful mountain views and golf course living. What better way to find out more about Palmilla on the Green than to start receiving Market Snapshots regularly of the area. This way you can see exactly what is available, and how much properties are selling for.

WW.FreePalmillaHomeValues.com

If you are a resident of Palmilla on the Green ~~~~or would to be~~~and you would like to start receiving these reports, simply click on the link above. If you have any questions on this tool or would like to discuss listing your home or buying a home in this area be sure to contact Sherry~~~ your area expert, please be sure to give me a call at 951-315-3201. You can also send me an email at Team@SherryKHomes or you can visit my web-site at

WWW.SherryKHomes.com

I am sure that by now, anyone that has been watching the news, reading the papers and reading realestate blogs such as this...they know that interest rates are at an all time low and housing is becoming affordable to those that thought they would never obtain the dream of homeownership, but I just read in the Sunday paper more good news....

LISTEN UP FIRST TIME HOME BUYERS IN MENIFEE AND TEMECULA VALLEY!!!

HERE'S THE GOOD NEWS............

In November of 2006 the median price of a home in Riverside and San Bernardino Counties peaked at $405,500. As of March, 2009 prices have plunged more than 57 percent!!!

This means you can now buy that same house for $173,000! And don't forget that $8000 TAX CREDIT!

MORE GOOD NEWS!

Additionally, 30 year fixed interest rates are now 4.82%, down from 5.88% just one year ago!

I'M NOT DONE YET!...I SAVED THE BEST FOR LAST....!!!

The most astounding news I have to tell you is according to a USC Real Estate Economic Forecast, with the combination of home pricing and low interest rates being at all time lows, the monthly house payment is approaching the AVERAGE RENT in the Inland Empire!! WOW! If that isn't a great reason to buy, I don't know what is!

If you are contemplating on purchasing your first home and have questions about the home buying process, please give me a call today for a no obligation consultation.

California Home Builders rallied for and obtained, a Tax Credit for Newly Constructed Homes only. Purchasers of Brand New Construction can qualify for a tax credit of up to $10,000.00. Plus if you have not had interest in a home in the last three years you may be able to qualify for the Federal, New Home buyer Tax Credit, of $8,000.00.

This new Tax Credit began March 1, 2009. Read the full story here on the State of California Website.

"Riverside County New Homes": Riverside County has Many Builder Close Out homes that do not have the prices published on their websites!

"Menifee New Homes": Many have finished yards, granite counter-tops, window coverings and appliances.

I preview and sell new homes to clients who need a quick escrow. Using an agent to help you purchase your new home can result in getting you a better price, HOA fees paid and better interest rate.

Agents who work with the builders, have a relationship with the builder and have done the research to know where the best value in new homes are.

Although there are a lot of great deals, in short sales and Bank Owned homes right now, (if you have the patience), a brand new home can result in a much shorter escrow if you need to move quickly.

Many have Homeowner Association fees. The areas with the Homeowners fees have a lot to offer in the way of amenities such as club houses, swimming pools and some are even built around lakes.

If you are Looking for a New Home there is a lot to choose from. Pricing begins at $150,000 for a condominium.

Single Family homes with good sized yards are starting at $215,000. This is for a 3 bedroom home with everything included: Appliances, (Washer/Dryer), window coverings, landscaping in front and back yards.

Call us toll free for the latest information on Riverside County New Homes!!! (866) 621-0155

~ If you are thinking about purchasing or selling your home whether you are a "First Time Buyer", or an "Investor", who wants to work with a local area expert, contact us toll free.

We proudly serve and sell homes in Southwest Riverside County and North San Diego County California. If you are looking for Temecula Homes or Murrieta Homes or if you are thinking of living in the surrounding areas of Temecula, Murrieta, Wildomar, Menifee, Winchester, Fallbrook, Southwest Riverside County, or North San Diego County, please contact us for a private tour of the area.

MAKING HOMES AFFORDABLE WEB-SITE NEWS!

I recently found a fantastic web-site posted by Treasury Department and the Department of Housing and Urban Development. The web-site is a direct result of the Obama Administration as it addresses basic information for troubled homeowners.

The site is WWW.MakingHomesAffordable.gov. There are 2 sections to the web-site. One section addresses homeowners that have mortgages, make their payments on time but have no equity. An opportunity to refinance may not be impossible if the loan is owned by Fannie Mae or Freddie Mac.

The second section addresses homeowners who are struggling in making their payments for various reasons. The site offers loan modification options.

This is a great site where you can find a financial calculator which walks you through estimating your loan modification payment based on your specific situation.

MENIFEE HOMEOWNERS TAKE ADVANTAGE!

Seeing as I specialize as a Short Sale Consultant, listing and selling homes is not my main motive. My number 1 goal is to help homeowners stay in their homes if I can. I have recently referred some clients to this site and they found that they did have options! Everyone's situation is different. If you are a homeowner experiencing financial hardship, I suggest you check out this web-site to see what your options are!

You can also check out my web-site at www.SherryKHomes.com if you are interested in learning more about the Short Sale process and how I might be able to help.