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Jane Grant - Southern California Homes - Temecula - Wine Country - Custom Homes

Riverside County Has Many Builder Close Outs That Are Non-Published

"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

Call me for more information regarding Real Estate, 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


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Murrieta Bank Owned Home - Approved Short Sale

This is a great deal on a quiet Cul-de-sac in Murrieta. This is a newer area of Murrieta. Bank will accept an offer of $200,000 and pay $9000.00 of your closing costs! All you need is 3% down payment or 20% down if you are an investor.

Monthly payments, Principal, Interest, Taxes and Insurance are just under $1,500.00, with 3% down and only $1150.00 with 20% down, for this great "Murrieta Bank Owned Home".

This is a 3 bedroom home in a newer area of Murrieta with only 1.3% tax rate!

1910 Sq. Ft.

Built in 2003

Open space across the street, no neighbors in front of you.

Low maintenance back yard!

Lots of extra parking!!!

~ 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 at 866 621-0155.

We are experienced Real Estate Brokers offering excellent and individualized Customer Service. If you are looking for Temecula Bank Owned Homes, Murrieta Bank Owned 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.

"REAL ESTATE INVESTING" | "Real Estate Investing" Made Simple!

It is all over the news! "Real Estate Investing", "Invest in Real Estate", "Invest in Real Estate"!

Some of the websites I've seen are so complicated with so many articles with information over analyzing the whole Real Estate Investment process!

It is as simple as this!

You want Positive Cash Flow! You want great homes in areas that will appreciate in value!

Here are some Free Tools:

Most people like to go on the Internet and find out for themselves what their payment will be....here is a useful tool that is easy to use: PITI calculator

Here's another one: www.rentometer.com This tool will figure out your rent for you before you purchase your Real Estate Investment property.

Here's a snapshot I took of a PITI calculator with the result of an investor putting down 20% on a $200,000 home. As you can see the payment for Principal, Interest, Taxes and Insurance, (based on a California home in Zip Code 92563) is only $1125.58.

This home can easily rent for $1600 per month, (check it out with the Rentometer above), leaving you with $500.00 positive cash flow!

Now, where to invest?:

Us News and World Report had this article recently about which States have the most foreclosures. It makes sense that these states are going to have the most to choose from!!!

Here are the Top 3 Foreclosure States: As listed in the article link above!

"Real Estate Investing", is really this simple. Yes, this is the time to "Invest in Real Estate", so what are you waiting for? Call us for information on purchasing an investment property in Southern California!

We belong to the largest Real Estate network - Nationwide, and can hook you up with Real Estate Professionals, anywhere that can help you with your "Real Estate Investing", purchase. Call us toll free: 1-866-621-0155!

We are experienced Real Estate Brokers offering excellent and individualized Customer Service. If you are looking for Temecula Bank Owned 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.

Murrieta Homes Offer Newer Homes With Lower Tax Rate

Temecula and Murrieta Homes - both have newer homes that were built in 2003 and newer that need very little work and are selling for half of the original sales price.

This Murrieta Home for sale has a have a lower tax rate of only 1.3%.

If you are looking for a really nice investment property or if you are a First time buyer who wants a newer home in the price range BELOW, $225,000.

Call me today at: 866-621-0155

To see all of the opportunities that are available.

I also have FREE LISTS OF BANK OWNED HOMES, on the homepage of my website.

Nothing to register, nothing to sign up for, just view the "Real Time Links", by City!

~ 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.

Temecula Bank Owned Homes and Short Sales | Patience Is Required

Temecula Bank Owned Homes and Murrieta Bank Owned homes are abundant, there are many great buys on the market and understanding all of the circumstances leading a home from a short sale to a bank owned home, can make it easier to understand why they take so long to purchase.

The parties involved:

  • Banks- Have their own Loss Mitigation department and each bank handles business a little bit differently. Timeliness of the process depends on how many employees departments the bank has to conduct the pricing, legal aspect and marketing of the home.

  • Borrower/Owner - Must obtain a short sale package from their lender, and fill it out properly.

A short sale package is what the borrowers' bank uses to determine if they will accept less than the borrower owes in the first place. The Borrower/Owner has to substantiate that they cannot make the payments due to lack of income or some other situation or hardship.

If the borrower/owner has the short sale package approved, the bank will determine what they will accept for a short sale price. This is usually done by using a Broker Price Opinion and eventually an appraisal.

Bank Owned Homes - If the Short Sale is not approved by the bank then the home becomes a Bank Owned Property when the borrower/owner has run out of time to "cure" the debt.

  • The foreclosure process has gone through all steps. Notice of Default and Trustee's Sale are over. Property's title is in the Banks Name. (usually taking 111 days or longer if a bankruptcy or lawsuit are filed).
  • The Borrower now has a "Foreclosure" on their credit report.
  • If the property does not sell at the Trustee's sale, (most do not), then the bank will re-list the property with another Real Estate agent and sell it as a Bank Owned Home.

If you are purchasing a Short Sale or a Bank Owned Home Patience is required:

Due to the quantity of short sales being submitted to the banks loss mitigation manager, on a daily basis, banking staff is over burdened.

    • The fact that the loan could have been sold/packaged in a bundle of loans and several investment banks may need to be contacted to approve the offer.

  • There are articles all over the internet in books and television shows that explain this process. They all say the same thing: The short sale process can be profitable but slow.

Buyers who are patient can purchase Bank Owned Homes in Temecula and Murrieta for 40% lower than they were selling two years ago. This current real estate market with so many Short Sales and Bank Owned Homes is not like a regular real estate market when seller's had equity in their homes.

Putting demands on the bank or your Realtor to hurry up the process will not make it happen any faster. Call or e-mail us for more infomation or visit our website at www.soreal.biz.

We are experienced Real Estate Brokers offering excellent and individualized Customer Service. If you are looking for Temecula Bank Owned 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.