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Orange, CA

238 N Bobwhite Way in Orange - Video Tour

02-06-10
Jared Tafua
Jared Tafua: Real Estate Agent in Brea, CA




This home is located at 238 N Bobwhite Way in Orange. Imagine greeting your guests in the impressive foyer. Cabinets and counter space abound in the delightful kitchen. The comfortable family room boasts beautiful warm colors and is a perfect place to entertain family and friends. You'll love entertaining in the convenient formal dining room. This traditional fireplace warms the room nicely. Contact your REALTOR® today to arrange for a personal showing.

Orange Senior Center Rocks!

Carin Arrigo-Zimmer Orange CA Realtor: Real Estate Agent in Orange, CA




Front Entrance

This is one of my favorite places to hang out in the city of Orange. I discovered the Orange Senior Center a few years ago when I took my dad-in-law to visit. Prior to residing in assisted living and now a board and care home, Dad lived quite independently. Other than hanging out with me (I was his primary caregiver at the time), his buddies at Kiwanis and Mark, his part-time caregiver, Dad didn’t have too much of a social network.

Being the resourceful chick, I investigated the center and just KNEW Dad needed to go. Too sequestered in his home, or so I thought. I mean, who wouldn’t love a bit of bingo then lunch? LAME-O me. We sat among the other seniors for a short time. Let’s just say Dad had better places to be, like his own house, for example.

“These people are too old!” said the 79-year-old man.

“Don’t you think you might wanna give it a chance? We’ve only been here 10 minutes. Can’t we stay long enough to see who wins the next bingo round?” (Like I was gonna miss THAT?)

OK, so Dad didn’t exactly bond with bingo or anything else under the roof that day. I wasn’t going to push. It’s not my style.
That said, I bonded with this place almost immediately. Bingo? Not so much. It was the people. Old people. Old, funny, intelligent people – sharing, conversing, complaining, kvetching, laughing. Just like it is in my house.

That, my friends, was just the beginning of my relationship with the Orange Senior Center. More discoveries happened after that day. Much more.

Housing Trend Report

Suzanne Horsburgh: Real Estate Agent in Orange, CA

I want to share important news for all homeowners who want to sell their home in 2010. As you know, in this economy, home buyers and home sellers have to be smart. In 2009, home buyers started to close escrow and take advantage of the homebuyer's tax credit. We realtors saw home sales start up tick; until in November 2009 when the $8,000.00 tax credit was pulled. At that moment we experienced qualified buyers looking to purchase, slowed to a trickle. It was not until the December when the Senate renewed the $8,000.00 dollars tax credit that we saw modest excitement return to the marketplace. Chief NAR economist Mr. Yu said the tax credit will not be renewed after June 30th 2010. So, if you want to sell your home quickly and for top dollars, choose a proven professional to market your home.

Please visit my market trends newsletter where you will find many useful tools.

http://ace.housingtrendsenewsletter.com

January Housing Trend Report

Successful Short Sale Orange CA - Orange Short Sale Specialist

12-22-09
Ann Urias
Ann Urias: Real Estate Agent in Orange, CA

Successful Orange Short Sale!!

The sellers owned the home for approx 12 years and did refinance.

The seller came to me 7 days prior to their trust deed sale date. (Auction date)

They had one mortgage at 748k

The value of the home was 425k

The bank accepted 360k cash offer

We closed escrow on the Orange short sale 7 days from the date I listed the property.

This short sale was completed in 7 days. This is an unusual circumstance.

The lender paid all the closing costs and the sellers received a full settlement.

Thinking of short selling your home list with an expert.

www.orangecountyshortsalerealtor.com for more info.

Your Orange County Short Sale Realtor

#01451803

Entry Level Home Sales - The Hottest Selling Market in Orange County CA (part 2)

Robert Foust |North Orange County | Fullerton Real Estate | Brea Real Estate: Real Estate Agent in Fullerton, CA

Entry Level Home Sales - The Hottest Selling Market in Orange County CA (part 2)

By now you've read the market update in part 1 so we'd like to change it up again and profile a second buyer. Same exact criteria, only they have a maximum budget of $300,000 for the same area. This is a very typical buyer today and one that we run across everyday. Often times, they will be looking at getting an FHA loan which will further reduce the available inventory open to them. When we run this buyers criteria (not counting FHA limitations) according to the following criteria
3+ Bed 2+ Baths 1000+ sqft living space 5,000 sqft lot 2+ car garage max price $300,000
here is what we get: (16) Anaheim (3) Buena Park (2) Fullerton (2) Garden Grove (1) La Habra (1) Orange (25) Santa Ana '(1) Stanton (1) Westminster
That's right, only 54 homes in all of Orange County that fit this!!!!!
Now if you start factoring in area, neighborhood, home condition, floorplan, and loan type it becomes quite obvious why MOST Orange County home buyers are frustrated with the process.

Still Not Convinced?

Here's another angle that really helps to put it in perspective. Right now, in most of these cities we are working with more buyers than there are homes for sale that fit the criteria!! That's right, just us alone! Now take into account all the other agents and the buyers they represent and the picture starts to become crystal clear as to why we are having bidding wars in the middle of a recession!

2 Possbile Solutions For First Time Buyers

Ok, we are not trying to be negative here, we want to work towards a solution. Here is what needs to happen. Buyers with similar criteria need to loosen them by dropping city/bed/bath/sq ft/etc requirements or put the home search on hold. They may never get a house that fits their criteria and their current price threshhold but this doesn't mean they'll never own a house.
In the meantime, most of them need to be saving some money for a downpayment (hopefully 20%+) to reduce the potential mortgage payment and increase their price threshhold. If the market happens to drop later, we'll, they'll be in an even better position! Either way, they're working towards a position of increased buying power by having more downpayment in the current maket, or working their way up into a less competitive price point with more bang-for-your-buck options available.
The tough part of this is that they'll have to come to terms with not owning a home in the near future. Again, many others will still feel it is their time to buy and for them it will take the simple, but often painful, process of reassessing wants vs. needs and ultimately coming to some sort of compromise. Posted by FOUST Team Real Estate Services at 12:16 PM Labels: , ,

Specialists in Fullerton home sales, Fullerton home search, and Fullerton Real Estate guides plus an informative expert Real estate blog on all facets of real estate in California.