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Saturday, July 23, 2011

Waiting is the hardest part...............



Waiting. We Realtor's do a lot of that. Wait for a client to show. Wait for an escrow to close. Wait for the offer to come in. Wait for our buyer to decide to MAKE the offer. lol, we do wait a lot. Today I've been waiting to hear from my buyers if they want this certain property or not. They have time, the banks aren't open till Monday and because it's a short sale that's where it goes.


So, I've been doing other things. Did a little yard work, after all it IS Saturday. Then I'm going after the kitchen while I wait some more. It needs mopping and the windows washed, I guess i might as well be productive around here while I wait to see if we're going to make that offer or not, lol.


So, I grilled up a tasty burger for lunch and as I'm sitting here trying to keep my secret sauce off the keyboard I thought I'd write to you kind folks. Then it comes to mind, what the heck am I going to write about?? Waiting?? OK  but that's about two paragraphs, what else am i going to write about...and it hits me....how about the area I've been showing homes in to several clients lately? So be it, that's it!


CANYON HILLS



My guess is that most of you have no idea where this is, no it's not in Chino. It's actually in the incorporated area called Lake Elsinore. While it's actually closer to Canyon Lake, located off Railroad Canyon east of lake Elsinore. A master planned community, it's actually quiet beautiful, I was very surprised! They have schools, rec areas like a huge park going in, swimming pools the whole 9 yards. Even hundreds of acres of wilderness for hiking and strolling, very nice.

What has really got me going here is the price of these beautiful homes, all around 5-6 years old. At the peak they were selling for up to and over 500 thousand dollars, now....you can pick these homes up for right around 200 thousand, that's a great deal. Every one I have been in has granite counters in the kitchen, that was the builder, not the buyer, so I'm pretty sure at least Pardee has put them in at least most of the homes. 
Most have 3-4 bedrooms but up to 7 bedrooms in some of them, that's incredible! 

The homes I've been showing range in size from 2100 sq ft to 2885 sq ft. and ALL of them have been under........are you sitting down? 200 grand, some as low as 175,000. This my friends is an incredible value for homes that look as nice as these in an area as nice as this, you would pay 700-900 thousand in Orange County for something like this and it would most likely be older, remember these are 5-6 years old. In fact in Corona these would be in the 400-600 range easy. Homes like these, in fact these are for sale right now!


These are all between 199,900 and 250,000 ranging in size between 2,473 and 3,075 sq ft, wow, that's value! I've been in this game for a long time, and this area is a hot spot of great deals and beautiful homes. All YOU have to do is decide if the time is right for YOU to move into the home of your dreams at a dream price! I'll wait for you! lol. If you like what you see, why not give me a poke and call me, or visit my website to look at more, for free, I don't sell your info like most of the sites on the internet. You can reach me here, or on facebook, my website. I'd rather not put my phone number here on my worldwide blog. But here's links to everything else. My phone number is on my website...:o)








Tuesday, July 19, 2011

Corona, A Great Place To Live








Today I thought I'd give those that don't really know about Corona a little history on the town. Most people have no idea how important this little city has been in the past, so here goes!


Corona is located approximately 45 miles southeast of Los Angeles in western Riverside County. The community is ideally situated at the base of the mountainous Cleveland National Forest. Historically, the area has many significant features. The LuiseƱo Indians, the site of the first Spanish family to settle in Riverside County, the Temescal Tin Mines, and some of the best clay and mineral deposits in the United States are located here. In fact, many Major league baseball Teams use this clay for their infields and pitchers mounds. Also, the renowned circular Grand Boulevard where three international road racing events took place in 1913, 1914 and 1916. The first lemon processing plant in the country was built here in 1915, which was the beginning of Sunkist, and the world's largest cheese plant was opened on Lincoln Avenue in 1985 where the Desi Arnaz horse ranch had once stood. Yep, that's right, Lucy and Ricky had a place here in simple Corona!


As the Spanish settlement progressed inland, the land soon was taken over by Spanish ranchos. Sheep and cattle dotted the hills from ranchos run by the Serrano, Cot, Sepulveda and Botiller families. Remnants of the Serrano tanning vats are still found on Old Temescal Canyon Road. This is also the route that was taken by the Butterfield Stage Route that brought many Americans to California along the southern route between 1858 and 1861. Plaques marking the sites of Indian petroglyphs, the Butterfield Stage stops and the Serrano adobes are still found along this road. 


In 1886, developer Robert Taylor persuaded his partners, Rimpau, Joy, Garretson and Merrill to form the South Riverside Land and Water Company. Together they raised approximately $110,000 to purchase approximately 12,000 acres of good agricultural land. Taylor realized the importance of water for the soon to be developed community, and additional funds were used to ensure that sufficient water rights were obtained. Taylor hired Anaheim engineer H. C. Kellogg to design a circular Grand Boulevard three miles round. Early residents used to parade their fancy buggies on this circular street that enclosed the main functions of the community: schools, churches, residences and stores. To the north along the railroad tracks were the manufacturing plants and packing houses. The southern end of town was left to the citrus industry, and the mining companies were established just outside the city's southeastern and eastern city limits. 


Almost all of the new settlers planted orange and lemon trees in hopes of gaining future profits. New groves continued to spring up and by 1912 there were 5,000 acres of established lemon and orange groves. By 1913 Corona shipped more fruit than any other town in Southern California. In 1961 citrus was still considered the backbone of Corona's economy, and the largest source of revenue. In that year citrus covered 7500 acres. The labor force fluctuated between 400 and 1800 workers at the peak of the harvest. An additional 500 people worked at the Exchange Lemon Products plant. 


On July 13, 1896 residents voted to incorporate and change the name of the community to Corona, which is Spanish for crown, in honor of the City's circular Grand Boulevard. On September 9, 1913, in observance of California's Admissions Day, Corona residents celebrated with an international automobile race on the Boulevard. The event attracted such auto racing greats of Ralph De Palma, Barney Oldfield, Terrible Teddy Tetzlaff and Earl Cooper. More than 100,000 people came to the town of 4,000 to watch Cooper win the race and a prize of $8,250. It was so successful that races were held again in 1914 and 1916. The demise of the road races were due not only to the tragic deaths which occurred in 1916, but because of the cost and local effort needed to stage such an extravagant event. 


During the teens and twenties, Corona citizens built numerous churches, a library and a new city hall. By 1915 the production of lemons was exceeding national demand, and local businessmen worked together to form the first Lemon Exchange By-Products Company in the United States. Located on Joy and the railroad tracks, this co-operative was eventually bought out by Sunkist. In 1954 they employed over 700 people and marketed a variety of lemon products for worldwide disbursement. The plant produced citric acid, lemon oil, lemon juice and pectin which helped Corona gain the nickname "Lemon Capital of the world." As housing developments began to overtake the Southern California citrus orchards, Sunkist found that the lack of a local supply was forcing them to move. They closed the Corona plant in 1982. 


As Southern California began to grow, so did Corona. The Riverside Freeway (Highway 91) was constructed through Corona in 1962. Downtown Corona went through urban renewal in the late 60s and 70s, razing the old and putting in a new downtown. By 1989, the I-15went in to the east of town, and development of Sierra del Oro, Corona Hills and South Corona were in full gear. New commercial developments began opening on Lincoln Avenue, McKinley Avenue and in Sierra del Oro. Price Club, Walmart, and the new auto mall became important parts of the city's revitalization. In June 1993 the City opened the newly redone Corona Public Library at 650 South Main Street with 62,300 square feet of space and the addition of new automated technologies.  By 1996 Corona's population had topped 100,000 people, there were 32 Corona parks, a Senior Center, gymnasium and 30 schools in the Corona Norco Unified School District. The City also celebrated the Centennial of the City's Incorporation with numerous events, parades, picnics, banquets and ceremonial dedications to mark the City of Corona's 100th birthday. 


Today, we enjoy several large shopping centers and theaters, along with many fine dining restaurants. Corona is the perfect place to raise a family or retire for that matter with many parks, playgrounds and Golf courses. Freeway close to Big Bear and the Newport Coast area we have just about all we could need right hear! If your thinking of moving this way, give me a holler and I'll help you find the perfect home!

Saturday, July 16, 2011

Welcome to my blog

Well, here we go, a new Blog on a new Blog site. Over the next few months, years, decades, I'm going to post helpful tips on how to find the right Realtor, selecting the right home, and all things real estate. Not only pertaining to my local area, which is Corona/Norco and the Inland Empire, but a lot of in general information to help my readers make better informed decisions whether they are buying or selling or just looking.

 I realize you have a million choices as to whom your Realtor may be, but I'm hoping that you will choose me if your in my area. Over the next few posts I'll be writing about how to choose the right Realtor for you, how to spot the "Sharks", and just in general information. I wasn't sure when I started to set up this blog what I would talk about today, but I noticed we had some legislation passed this week that you may be interested in so I will cover that for sure. I will also in the near future be posting a few articles I wrote a while back concerning Loan Mods, and the like.

This week, Governor Brown signed into law, that once the bank accepts your short sale amount that they can no longer come back and hit you with a supplemental bill, what does this mean to those of you who are short selling? It means that when your sale gets accepted, and the deal closes, no longer can the bank or lending institution come back at a later date and hit you up for more money. This is huge, no more surprises during or after what may have been an emotional or difficult sales process. Here it is right from the Department Of Real Estates Website.

Not a lot of gobbledegook here, it's pretty cut and dry, and a great thing signed into law for all you homeowners who are facing doing a short sale on your home. 

That's all for today folks, leave me some comments, is there something you would like me to discuss? Feel free to ask, I'll do my best to keep this a fun and informative blog, peace!


Gov. signs SB 458 into law
For release:
July 15, 2011

CALIFORNIA ASSOCIATION OF REALTORS® applauds Gov. Brown on signing SB 458 into law
LOS ANGELES (July 15) – The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) applauds Gov. Jerry Brown on signing SB 458 (Corbett) into law.   SB 458 extends the protections of SB 931 (2010), to ensure that any lender that agrees to a short sale must accept the agreed upon short sale payment as payment in full of the outstanding balance of all loans.
Under previous law (SB 931 of 2010), a first mortgage holder could accept an agreed-upon short sale payment as full payment for the outstanding balance of the loan, but unfortunately, the rule did not apply to junior lien holders. SB 458 extends the protections of SB 931 to junior liens.
“The signing of this bill is a victory for California homeowners who have been forced to short sell their home only to find that the lender will pursue them after the short sale closes, and demand an additional payment to subsidize the difference,” said C.A.R. President Beth L. Peerce.  “SB 458 brings closure and certainty to the short sale process and ensures that once a lender has agreed to accept a short sale payment on a property, all lienholders – those in first position and in junior positions – will consider the outstanding balance as paid in full and the homeowner will not be held responsible for any additional payments on the property.”
SB 458 contains an urgency clause making it effective upon signing.
Leading the way…® in California real estate for more than 100 years, the CALIFORNIA ASSOCIATION OF REALTORS® (www.car.org) is one of the largest state trade organizations in the United States, with nearly 160,000 members dedicated to the advancement of professionalism in real estate.  C.A.R. is headquartered in Los Angeles.