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Anaheim Hills, CA Real Estate News

By Patrick Canavan, Orange County Real Estate Voice
(Keller Williams Realty)
DS NewsCalifornia Realtors Offer Mortgage Assistance for UnemployedThe CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) recently launched a new program that allows home sellers to purchase mortgage protection coverage and offer it as an additional incentive to home buyers who purchase their home. KEEP THIS IN MIND • The "Home Payment Protection Program" (HPPP) is available through California REALTORS® who offer it to sellers at the time the property is listed. HPPP is optional, is paid for by the seller, and costs either $200 or $275, depending on the amount of coverage the seller elects to purchase. • The program covers both first-time and repeat buyers for 12 months from escrow closing. If the home buyer loses his or her job as a result of a layoff during the qualified time period, HPPP ...
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By Stacey Smith, Your Orange County Beach Cities Realtor
(Keller Williams Realty)
Though there are many ways to buy a house in Anaheim Hills, CA. in this day and age, rather it be a Conventional Loan, VA Loan (Veteran Assistance), Cash, ETC... The most common way to buy a house in this market is an FHA Loan. Listed below of the minimum requirements to qualify for this home loan so you to can be a homeowner in Anaheim Hills, CA. Two year's of steady employment, preferrably with the same employer.   Last two years income should be the same or incresing.   Credit report should typically have less than two thrityday lates in the last two years with a minumum creditscore of 640 or higher.   Bankruptcy must be atleast 2 years old with perfectcredit  since discharge.                                                                Your new mortgage payment should be approxima...
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By Vic Steele, Broker/Consultant
(Vic Steele, Broker CA DRE 01349863)
No food drive is complete without a final chapter that summarizes results; here are the results of our 2nd Annual Anaheim Hills Food Drive! Thanks to your generous donations, we delivered 748 pounds of food and $600 to the Second Harvest Food Bank.  We fed a lot of families again this year my friends!  Thank you so much. Thank you to our cooperating small businesses!  Systems One Consulting, Ear Abstracts, Lincoln Ace Hardware and CORE Physical Therapy all hosted donation barrels.  If your shop would like to host a barrel next year, please call or text me at 714-240-3693 or e-mail me to tell me where I can deliver another barrel.  With your help, we can make a difference for hungry families in Orange County. It's the 2nd Annual Anaheim Hills Food Drive! A referral is sending someone you...
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By Lesslie Giacobbi
(Seven Gables Real Estate)
If you would like to search the MLS the same way I do, email me at LesslieG@aol.com The following statistics include real estate transactions for Anaheim Hills as of Friday, November 12, 2010.                       Condo Listings, by Zip Code, Activity between 11/12/10-11/19/10   Active condo listings in 92807: 10, Average price is $397,660; 1,807 square feet or $220.07 per square foot. No Back-up, Pending, or Closed sales between 11/12/2010-11/19/2010.   Active condo listings in 92808: 26, Average price is $333,980; 1,183 square feet or $282.32 per square foot. Back-up: 2, Average price is $332,450; 1,103 square feet or $301.41 per square foot. Pending: 1, $319,770; 1,223 square feet or $261.46 per square foot. Closed: 1, $239,500; 883 square feet or $271.23 per square foot.         Si...
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By Patrick Canavan, Orange County Real Estate Voice
(Keller Williams Realty)
  Los Angeles TimesRefinancing now could be better than waiting for mortgage rates to drop furtherMortgage rates on 30-year, fixed rate loans are hovering near the lowest level on record since 1951. While some home buyers are putting their home purchases on hold hoping rates will go even lower, many industry experts are advising homeowners with rates in the upper 4 percent range to refinance.KEEP THIS IN MIND• Homeowners with rates in the upper four percent range are likely to benefit from refinancing, according to Peter Ogilvie, president of First Residential Mortgage Corp. in Santa Cruz, Calif. He says refinancing to a lower rate often produces monthly savings, as long as the borrower can qualify under today’s industry credit guidelines and loan-to-value underwriting standards.• Some...
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By Patrick Canavan, Orange County Real Estate Voice
(Keller Williams Realty)
  The Wall Street JournalThe jumbo-mortgage comebackSmaller and regional lenders are issuing more new jumbo loans and doing more refinancings, which could help bolster home sales in some areas. KEEP THIS IN MIND • Jumbo mortgages are mortgages deemed "too big" to be sold by lenders to government-supported agencies such as Fannie Mae and Freddie Mac. • The loan limit of a jumbo mortgage varies depending on location. In high-cost areas, including many areas in California, jumbo loans are generally considered those that exceed $729,750. In other areas, the jumbo loan limit usually is capped at $417,000. • Some borrowers applying for jumbo mortgages are finding the processing time at larger lenders can be as long as four months, while some smaller institutions can process a jumbo mortgage ...
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By Lesslie Giacobbi
(Seven Gables Real Estate)
If you would like to search the MLS the same way I do, email me at LesslieG@aol.com The following statistics include real estate transactions for Anaheim Hills as of Friday, November 12, 2010.                       Condo Listings, by Zip Code, Activity between 11/5/10-11/12/10   Active condo listings in 92807: 9, Average price is $376,861; 1,739 square feet or $216.71 per square foot. No Back-up, Pending, or Closed sales between 11/5/2010-11/12/2010.   Active condo listings in 92808: 29, Average price is $331,936; 1,176 square feet or $282.26 per square foot. Back-up: 2, Average price is $308,000; 1,208 square feet or $254.97 per square foot. No Pending or Closed sales between 11/5/2010-11/12/2010.         Single Family Residence Listings, By Zip Code, Activity between 11/5/10-11/12/10 ...
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By Patrick Canavan, Orange County Real Estate Voice
(Keller Williams Realty)
The Sacramento Bee California expects mortgage-aid program to begin in weeks The California Housing Finance Agency (CalHFA) reported this week that its “Keep Your Home California” program will be delayed because of logistical issues with the program. The program was scheduled to begin Monday, Nov. 1 KEEP THIS IN MIND • The “Keep Your Home California” program is a $1.83 billion government aid program that will pay down loan balances and provide monthly cash assistance to struggling California homeowners. • One of the logistical complications that has caused the delay is the fact that Fannie Mae and Freddie Mac last week instructed their loan servicers to participate in the program, dramatically increasing the number of potentially eligible homeowners. • Funded with federal money, the pr...
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By Lesslie Giacobbi
(Seven Gables Real Estate)
If you would like to search the MLS the same way I do, email me at LesslieG@aol.com The following statistics include real estate transactions for Anaheim Hills as of Friday, November 5, 2010.                       Condo Listings, by Zip Code, Activity between 10/29/10-11/5/10   Active condo listings in 92807: 7, Average price is $396,264; 1,816 square feet or $218.21 per square foot. No Back-up, Pending, or Closed sales between 10/29/2010-11/5/2010.   Active condo listings in 92808: 31, Average price is $331,072; 1,178 square feet or $281.05 per square foot. Back-up: 1, Average price is $235,000; 883 square feet or $266.14 per square foot. Closed: 3, Average price is $331,666; 1,189 square feet or $278.95 per square foot. No Pending sales between 10/29/2010-11/5/2010.   Single Family Re...
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By Patrick Canavan, Orange County Real Estate Voice
(Keller Williams Realty)
Knowing the Short Sale Process.Homeowners do have options listing their property for sale when it is realized that their situation cannot be rectified.  Reasons might be lose of a Job, divorce, sickness or a death of a spouse or family member.   If a loan modification was unsuccessful your next step to avoid foreclosure is a Short Sale.       What is a Short Sale ?A short sale occurs when the property's value has declined.  If you have gotten behind in your mortgage payments,  the amount owed continues to climb along with unpaid interest.   Let me give you an example:  you have an unpaid principal balance amount that is $400,000.00 but your homes value is only at $350,000.00.   This situation would merit a short sale.   The difference between Short Sale and a Foreclosure:Possession of t...
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By Ron Holborn, Commercial & SFR, Anaheim CA, Real Estate & Short
(Short Sales, Foreclosures, Rentals, Income Real Estate)
Anaheim Hills Homes For Lease $1,400 - $2,600 (11/03/10) We can help you with any Anaheim Hills home that is for lease! Please contact us @ 714-920-9198 or hayward525@scbglobal.net. Linda Hayward is our lease specialist at Re/Max of NOC. While other agents prefer not to do leases, Linda has built her career upon them. Linda loves animals and does a great job in helping pets remain with their families as their owners lease a new home. Have a house in mind? Linda will locate and show your desired home. Give her a call. 714-920-9198. - Bad things do happen to good people - Lots of great people have bad credit right now. Don't panic! Contact Linda before ruling yourself out of a great home, she will be glad to answer any questions concerning your credit.   Links related to Anaheim Homes For...
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By Mahesh Mike Patel, Call Me And Consider It Done!
(First Team Real Estate)
Dream Home Finder  Anaheim  Anaheim Hills If you are looking for the perfect home, you've come to the right place. By filling out the simple real estate request form below, I will start a comprehensive real estate search on your behalf to find the home you've always been looking for. Please note that there is no obligation and your information will be kept strictly confidential. I will contact you with the initial results of my home search and contact you with homes for sale in the local real estate market. Dream Home Finder  
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By Mahesh Mike Patel, Call Me And Consider It Done!
(First Team Real Estate)
Anaheim Homes For Sale Searching for your next home in Anaheim has never been easier.  Just click on the link below!  Advanced Home Search You are able to search by price, by city, by type, like condo's, homes, by foreclosures etc. You are also able to get free email updates when any new homes come up on the market! You can always call me or email me directly so I can find your dream home for you.
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By Mahesh Mike Patel, Call Me And Consider It Done!
(First Team Real Estate)
Expired Listings: 3 Main Reasons Homes Don't Sell Mike Patel Anaheim Hills There are quite a few reasons why a House does not even it listed with a Realtor and listed in the Multiple Listing Service. But the 3 main reason are: (Click on the video) If you have any quesitons about cancelled or expired listings, please feel free to email or call me. http://mikepateltv.com/
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By Patrick Canavan, Orange County Real Estate Voice
(Keller Williams Realty)
The New York TimesThe price of a “no-cost” loanSome home buyers who may be concerned about paying high closing costs might be tempted “zero-cost” or “no-cost” loan option, which requires no cash outlay, but typically adds a half percentage point to the rate. However, some financial consultants say these loans tend beneficial to buyers planning to have the loan for less than five years.KEEP THIS IN MIND• One of the primary differences between a no-cost loan and similar loans is that no-loans do not tack on closing costs to the balance, but instead increase the rate.• With no-cost loans, third-party fees including the appraisal, credit report, title insurance,recording, and the use of a mortgage broker are paid by the lender. The fees, including amount the broker is being paid, are discl...
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By Lesslie Giacobbi
(Seven Gables Real Estate)
If you would like to search the MLS the same way I do, email me at LesslieG@aol.com The following statistics include real estate transactions for Anaheim Hills as of Friday, October 29, 2010.                       Condo Listings, by Zip Code, Activity between 10/22/10-10/29/10   Active condo listings in 92807: 6, Average price is $429,808; 1,929 square feet or $222.81 per square foot. No Back-up, Pending, or Closed sales between 10/22/2010-10/29/2010.   Active condo listings in 92808: 29, Average price is $331,744; 1,167 square feet or $284.27 per square foot. Back-up: 4, Average price is $337,950; 1,196 square feet or $282.57 per square foot. Pending: 4, Average price is $340,950; 1,143 square feet or $298.29 per square foot. Closed: 2, Average price is $310,000; 1,085 square feet or $...
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By Vic Steele, Broker/Consultant
(Vic Steele, Broker CA DRE 01349863)
I'm interrupting our food drive updates to give you an update on Belle/Bella in Anaheim Hills! You may recall that I rescued Belle a few months ago from Oklahoma.  When she arrived, she was loving, but had NO play drive.  I've worked with her patiently to build up her play drive.     Here is the e-mail I got from Toni at W.O.O.F. Pet Rescue when I shared this video with her today! She looks and by the way she is holding herself she knows she is loved. I loved the videos and watching her play it is wonderful to see how far you have brought her. You have done a wonderful job with her. Thank you for the life you have given her and the love. Toni W.O.O.F. PET RESCUE www.woof.petfinder.com
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By Mahesh Mike Patel, Call Me And Consider It Done!
(First Team Real Estate)
Weekly Video Real Estate Update - Mike patel  Oct 27th, 2010 The market is still ever changing. Last weeks news is this weeks history. What you are hearing from the mainstream national media about Real Estate is only one small part of the story. Here is the link to my Video Newsletter: for the latest. http://www.patelsupdate.com My Video Newsletter is loaded with up to date Real Estate News and Advice. Some of its features include: Current Real Estate NewsInterest RatesMortgage AdviceQuestion & Answers Short Sales Foreclosures Plus much more. It is "real time" and changes weekly. Whether you are thinking about selling or buying, or you just want to keep abreast of the market, I hope you find this information useful and informative. Please contact me any time. Sincerely,
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By Lesslie Giacobbi
(Seven Gables Real Estate)
If you would like to search the MLS the same way I do, email me at LesslieG@aol.com The following statistics include real estate transactions for Anaheim Hills as of Friday, October 22, 2010.                       Condo Listings, by Zip Code, Activity between 10/15/10-10/22/10   Active condo listings in 92807: 6, Average price is $430,808; 1,929 square feet or $223.33 per square foot. Closed: 1, $273,000; 1,112 square feet or $245.50 per square foot. No Back-up or Pending sales between 10/15/2010-10/22/2010.   Active condo listings in 92808: 31, Average price is $335,628; 1,180 square feet or $284.43 per square foot. Back-up: 1, $269,999; 1,061 square feet or $254.48 per square foot. Closed: 1, $311,000; 1,100 square feet or $282.73 per square foot. No Pending sales between 10/15/2010-1...
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By Patrick Canavan, Orange County Real Estate Voice
(Keller Williams Realty)
  The New York Times A little-known loan program for fixer-uppersHome buyers thinking of purchasing a distressed property in need of repair, but who are concerned that the cost of the repairs could drain their savings account may qualify for the Federal Housing Administration's (FHA) 203(k) rehabilitation program. KEEP THIS IN MIND • The FHA's 203(k) rehabilitation program provides loans for covering renovation costs as well as the purchase price of the primary residence. Investors are not eligible for this program. Additionally, similar to traditional FHA loan programs, the rehab program allows for a down payment of as little as 3.5 percent. • A common misperception about the program is that the house needs to be unlivable. Realistically, the property just needs to be outdated, accord...
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