Thanks to all Veterans, who serve in our Military, Past Present and Future!
Where would we be without them? It's a tough job and someitme not very rewarding. I thought I would include this link regarding the "History of Veterans Day".
And special thanks to my current and past Veteran clients of 2009!
Michael Logue
Kevin Jones
The Inocencio Family
The Vinluan Family,
"Ollie" and Taryn
I am truly grateful!!!
Contact me for the latest information regarding Temecula Real Estate, Temecula Custom Homes, or Real Estate anywhere in Southwest Riverside County.
Jane Grant ~ DRE: 01109492
Southwest Real Estate, Inc.
Telephone: 866 621-0155
Website: www.soreal.biz
Additional Website: www.servingtemecula.com
Blog: www.janegrant.biz
Blog: www.janegrant.wordpress.com
Blog: http://activerain.com/blogs/janegrant
Trulia Profile: http://www.trulia.com/profile/id/331413
A client called me and told me about a home he wanted to write an offer on. He found the home on the Redfin website. Problem was, I could not find the listing anywhere except Redfin....Redfin is showing this home as a listing that was posted only two days ago. No listing agent to present the offer to either.
Riverside County Tax Records showed it as being in "pre-foreclosure" status. The "source", of the Redfin data said it was pulled from SANDICOR, which is the MLS for San Diego County. That's funny, I thought unless some out of area agent posted it in their MLS system only. This was a dilemma so I decided to go to the home in person and check it out.
Here's what I found: A deteriorating home nothing like the pictures posted on Redfin:
Here are the current day pictures taken today 10/24/09, next to the Redfin photos that are from at least 10 years ago.
Here's the backyard: Present day and Redfin's posting.
Same Patio but now it has rusted nails and is coming apart.
***
Next, is a picture of the inside all furnished and pristine along with my photo that I had to take through the window because the home is vacant and abandoned.
Here are some more of the current day pictures:
This is the back fence that has been broken into!
Notice the mold and graffitibelow and mold going up the chimney.
Here's the proof, looking out the front door the tree is huge now and was much smaller in the Redfin photos.
I am so tired of false information causing me to have to investigate these kinds of old
and outdated properties with ancient information.
I will continue to post about this and educate my clients not to depend on Redfin, Trulia, Realty Trac, Zillow or their agents for accurate information!
Only the MLS has "Pure MLS" information.
All of these free Internet sites have recorded information such as, quit claim deeds, Trustee's deeds, Mechanics liens, Tax Liens mixed in with listings. To make matters worse they have a trigger response that pulls pictures from our MLS even from closed listings that have long been sold, and makes it look like a current listing.
This should be a violation of providing false facts.
*****
If I, as a Realtor...
posted old pictures like this and did not disclose the present condition of the property....
I would be held responsible by the DRE for providing false information. There have been lawsuits against Realtors for posting false pictures...Why does Redfin get away with it?
***
Contact me for the latest information regarding Temecula Real Estate, Temecula Custom Homes, or Real Estate anywhere in Southwest Riverside County.
Jane Grant ~ DRE: 01109492
Southwest Real Estate, Inc.
Telephone: 866 621-0155
Website: www.soreal.biz
Additional Website: www.servingtemecula.com
Blog: www.janegrant.biz
Blog: www.janegrant.wordpress.com
Blog: http://activerain.com/blogs/janegrant
Trulia Profile: http://www.trulia.com/profile/id/331413
First time Real Estate Investors are plentiful right now, but they want large and immediate returns that are unrealistic. Yesterday, I got an investor from Trulia who wanted a 15% return, immediately. Not possible, I told her. And I gave her the reasons why she could not get an immediate return like she wanted.
There are no homes that a buyer can flip and make an immediate 15% return, here is Southwest Riverside County. Unless, you buy them at a court auction.
In order to make at least $20,000, you would have to purchase a home at $200,000 and turn right around and sell it for $260,000 minimum. This is taking into consideration all expenses, commission, escrow fees.
It's just not possible to flip properties in our current market, here in Southwest Riverside County. Prices are not going up in a matter of weeks. The buy and hold strategy is the only strategy that makes sense.
Investors who use the "Buy and Hold Strategy", are the only ones buying right now.
"Don't wait to buy Real Estate, Buy Real Estate and wait, I told her.
Investors who can wait it out will benefit a great deal by buying now and waiting to sell when the market improves. Problem is most don't want to wait. There are so many great Real Estate books out that explain this theory: Here's a great book by David Schumacher.
Here's a model I gave one investor for a quick $20,000 gain. He thought it was fair but still wanted me to guarantee him this return on a property before he purchased:
Model for a quick $20,000 return:
Purchase Price $175,000
Includes all fees, escrow, transfer tax, notary – paid for by Investor* - these fees are minimal to you when using cash.
*(Title policy and commissions are paid for in initial purchase by the bank, for bank owned properties).
Costs you will incur to sell property
5% of original price you paid for improvements – $8,750.00
1.5% of sales price to new buyer for Title and Escrow Fees- $ 3,375.00 (Based on Purchase Price of $225,000)
3.5% Commissions- $7,875 (Based on Purchase Price of $225,000)
4% of Closing costs paid for FHA or VA Buyer – (Based on Purchase price of $225,000) $9000.00
Subtotal…….. $204,000
$225,000 (Sales price when you market and sell the home the home)
-$204,000- less all costs
$21,000 - profit to you
New List Price to new FHA buyer $230,000 - Let new buyer offer as little as $225,000 because everyone likes to feel they are getting a deal!
Sales price can be as low as $224,000 for you to make at least $20,000
Quick Calculation: Multiply your original purchase price by 130 percent to get the new approximate listing price required to make at least $20,000.
Since you've read this far,
Here's a great rental tool:
This tool will tell what the most up to date rental rates are going for in the area
you are purchasing in.
Contact me for the latest information regarding Temecula Real Estate, Temecula Custom Homes, or Real Estate anywhere in Southwest Riverside County.
Jane Grant ~ DRE: 01109492
Southwest Real Estate, Inc.
Telephone: 866 621-0155
Website: www.soreal.biz
Additional Website: www.servingtemecula.com
Blog: www.janegrant.biz
Blog: www.janegrant.wordpress.com
Blog: http://activerain.com/blogs/janegrant
Trulia Profile: http://www.trulia.com/profile/id/331413
Temecula has so many wonderful and picturesque spots along Rancho California Road . The wineries are lovely, the grapevines are plentiful and if you are wanting to know the best ones then stay tuned as I have plenty to tell and write about.
Wilson Creek winery is well known for it's "Almond Champaigne", but if that wasn't enough, it also has many other attributes. Like the Creekside Grill that's celebrating it's 1 year anniversary this month. Plus, there are exciting, upcoming holiday events. Here's a handful but to view all, visit their site.
Thanksgiving @ the Creekside Grille
$50 per person ~ $45 Wine Club Adult
$24.95 per child 6-12; $22.46 Wine Club Child
FREE children under 6
Make your ONLINE reservations today or make reservations by telephone: ...951-699-WINE (9463
Then there is the New Year's Eve Extravaganza:
New Year's Eve Mardi Gras Masquerade
TICKETS ON SALE NOW! They will sell out early which is why I am posting this now in October!!!
CELEBRATE NEW YEARS AT WILSON CREEK WINERY THIS YEAR!
Tickets are $144 Wine Club; $160 General Public, plus tax
MAKE YOUR RESERVATIONS ONLINE TODAY OR CALL THE WINERY AT 951-699-(WINE) 9463
Want More???
They do fabulous weddings and parties too!
Want Even More???
Meet the Chef: 
Clay Blake...After graduating from Cincinnati's
Culinary Arts Academy, Executive Chef Clay Blake has
had special instruction as a French Chef and was
trained under the under the classically-trained French chef
Jean-Robert de Cavelle.
And this is only the beginning, of his accomplishments to read
his entire extensive accomplishments read here.
I love living and working in Temecula, there's no other place in Southwest Riverside County that has such lovely and picturesque scenery only minutes from shopping and the freeway!
Contact me for the latest information regarding Temecula Real Estate, Temecula Custom Homes, or Real Estate anywhere in Southwest Riverside County.
Jane Grant ~ DRE: 01109492
Southwest Real Estate, Inc.
Telephone: 866 621-0155
Website: www.soreal.biz
Additional Website: www.servingtemecula.com
Blog: www.janegrant.biz
Blog: www.janegrant.wordpress.com
Blog: http://activerain.com/blogs/janegrant
Trulia Profile: http://www.trulia.com/profile/id/331413
The Corn Maze is back!!!
They didn't have it last year but this year, it's BACK!!!
Big Horse Feed has opened their corn maze again and it looks bigger than it has in the past.
In case you don't know what a corn maze is....here's a picture. It's a huge Maze of corn that you can get lost in.
But don't worry, there are school age, (teen), volunteers around the corners to help the little ones if they get lost!
The Maize owned and operated by Big Horse Feed and Corona Ranch and Land Company and is a main attraction here in Temecula.
Click here to get a coupon! (for $1,00 off) Maze only prices are $9.00 this year
Every weekend Active Military get 1/2 off with Military I.D.
A great way for school kids to get community service hours fulfilled, too!
They have a great pumpkin patch and lots of activities for families!!!
$13.00 for Maze and 3 activities.
Contact me for the latest information regarding Temecula Real Estate, Temecula Custom Homes, or Real Estate anywhere in Southwest Riverside County.
Jane Grant ~ DRE: 01109492
Southwest Real Estate, Inc.
Telephone: 866 621-0155
Website: www.soreal.biz
Additional Website: www.servingtemecula.com
Blog: www.janegrant.biz
Blog: www.janegrant.wordpress.com
Blog: http://activerain.com/blogs/janegrant
Trulia Profile: http://www.trulia.com/profile/id/331413
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