Foust Team Real Estate Blog

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Real Estate Agent - Foust Team Real Estate Sales, Master Certified Negotiation Expert - DRE # 01400567
Current, relevant, and insightful topics on real estate in North Orange County, Fullerton, Brea, Anaheim, Yorba Linda, La Habra, La Mirada, and Placentia.
North Orange County real estateis changing, and not getting easier to find REO homes for sale.  September was the first month this year in which the number of closed transactions listed as Short Sales was greater than the number of closed transactions listed as REOs. The chart below indicates the...
 One of the best cities in North Orange County is Brea.  This small but special little city offers many special benefits to home buyers looking in North Orange County.  The Brea Mall is filled with shoppers delights, discount ,as well as top flight.  Brea real estateis also a myriad of possibilit...
In the city of La Habra you can find a vast array of homes and neighborhoods.  Two of my favorite neighborhoods are North Hills and Country Hills.  They are on opposite sides of town, and both have home sites in the hills as well as on the flatlands.  Both communities are very well maintained and...
AB 957 will ensure that home buyers can use local escrow services to provide better service at lesser cost in the purchase of Bank Owned houses. It is about time that the banks were forced to do what they should have been doing anyway.  From now on, REO sales will not be forced to use the bank ha...
It may not actually be in North Orange County, but La Mirada is a compelling choice for those searching for the Orange County experience.  La Mirada real estate and neighborhoods are every bit as nice as the mainstream North Orange County real estate.  La Mirada also provides good schools, clean ...
If we use Fullerton real estate as any gage at all, then REO (bank owned) homes are still very hard to find.  At this moment there are on 14 of them in all of Fullerton.  These are single family homes, not condos.  Of these, 9 are priced under $400,000, which is to say that the low end of the mar...
I suspect many buyers believe that they can cancel an escrow and not lose any money.  Not 100% true.  Some escrows in North Orange County real estate have a cancellation fee, plus some out of pocket costs that escrow has to pay will be allocated to the buyer.  Even the sellers cost of HOA documen...
The Fullerton real estate market is still very lightly sprinkled with REO opportunities.  And even the North Orange County market is sparse.  On a month to month comparison the inventory of REO homes in all of Orange County has remained flat.  That is to say that for each REO that gets sold, only...
Yep --It actually happened.  Escrow (not to be named) called their attorney about my use of electronic signature for buyers.  He told them to honor them -- yes, a legal opinion that makes sense.  Thanks to the attorney, we are now closing the escrow. -- Way to go, I will make a lot fewer attorney...
Real estate in Fullerton has a new obstacle to overcome.  Times have changed, progress is happening.  But can our systems "step up to the plate" with new technology and consider electronic signatures for their legal and solid validity??   Not so sure.  We have tried several affiliates and are onl...


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Comprehensive real estate information for sellers, buyers, and investors. Local experts for Fullerton, Anaheim, Brea, La Habra, La Mirada, Placentia, Yorba Linda, Orange, and other North Orange County areas. Another team blog is at .