Lake Elsinore, CA Real Estate News

Lake View Standard Sale Single Story Charmer Overview Maps Photos Market Stats $134,900 Single Family Home Main Features 3 Bedrooms2 BathroomsInterior: 1200 sqftLot: 6,098 sqft Location 33165 Macy StreetLake Elsinore, CA 92530USA To get updates on open home dates and other property events, please click the "Like" button below: Tom Bashe (951) 491-5052tom@scarealestate.comhttp://www.allabouttemecula.com Listed by: Tom Bashe, SCA Real Estate Our recent listings Turnkey Lake San Marcos HomeBeautiful Turnkey Pool Home in Hemet!Beautiful turnkey STANDARD sale in Moreno Valley! Subscribe to our listing feed Nearby properties for sale
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By Ryan Case, 877-828-0710
(SCA Real Estate)
Lake Elsinore Bank Owned Homes For Sale There are currently 90 Bank Owned homes in Lake Elsinore. They range in price from $51,000 to $439,900; in size from 785 square feet to 3995 square feet, and the average days on market for a Bank Owned home in Lake Elsinore is up over 60. If you click on this link, it will take you to the MLS to allow you to see all 90 Lake Elsinore Bank Owned Homes For Sale. If you want to search the MLS on your own, and include Standard and Short Sale listings, then click here to search through all homes currently listed in Lake Elsinore on our website, www.scarealestate.com. I would love to be your Lake Elsinore Bank Owned Real Estate Agent and represent you in the purchase of a Lake Elsinore REO/Bank Owned home! I have extensive experience, and my team closed ...
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  The other day I wrote about the San Diego Chargers losing again and the real estate market for Lake Elsinore, CA (zip code 92532).  I said there were currently 217 homes for sale in this area.  What I didn’t do was breakdown that number into categories:  Standard Sales, Bank Owned (REOs) and Short Sales. Is it really a surprise that 56% of the market in Lake Elsinore, CA (zip code 92532) is dominated by Short Sale listings?  Short Sales represent 122 of the 217 “Active” homes for sale. Bank owned (REOs) homes came in with the second highest number….50 “Active” listings or 23% of the marketplace. Standard sales came in third, with only 38 “Active” listings or 18% of the real estate market for Lake Elsinore, CA (zip code 92532). 3% of the homes for sale didn’t classify their Sales Type ...
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By Ryan Smith
(Allison James Estates & Homes)
While watching the San Diego Chargers get beat by the Rams yesterday, I had to shy away from the TV and do something else.  I decided to research some real estate facts for Lake Elsinore, CA and more specifically zip code 92532. Currently there are 218 “Active” homes for sale;  “Active” meaning they are still on the market and accepting offers.  The least expensive home for sale is priced at $51,990 with the most expensive at $495,000.  The average list price for Lake Elsinore, CA (zip code 92532) is $223,024.  Not too bad considering on average this will get you 4 bedrooms and 3 bathrooms!  With these low prices combined with record low interest rates, it’s a no brainer if you’re looking to buy in Lake Elsinore, CA (zip code 92532) or really anywhere else in CA.  CA real estate is on s...
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I received a text yesterday from one of my previous clients who I helped through a short sale in Lake Elsinore, CA.  Here’s what the text said, “Any ideas why I am getting collection calls to collect a debt of $68,000 against the house?  I thought this was taken care of through the short sale? The debt collector said he was going to continue to call and report me to the credit agencies until I set up a payment plan.”  I could not believe what I was reading. I instantly called my client and asked for the contact info for this company.  I called the collection company and asked for clarification.  I have to say, the tone and direction of the conversation was going in the toilet quickly.  The representative was taking a hard stance and insisted my client owed the money and needed to set u...
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By Cameron Novak, Featured Corona Real Estate Agent Team
(The Homefinding Center)
LinksHomes For Sale CoronaPhoto GalleryDescription2 Bedrooms, 2 Bathrooms Condo Offering over 1,100 sqft. of Living Space. Located Near Shopping, Entertainment and Freeways. Association Amenities include Private Pool and Clubhouse. If you're looking for a Townhouse or Condominium, call The Homefinding Center at 951.272.6850 today! We help Southern California buyers find and buy the right home.FeaturesBedrooms: 2Bathrooms: 2Parking Spaces: 2+Year Built: 2007Square Footage: 1141Agent Name: Cameron NovakBroker: The Homefinding CenterMLS #: K10036937Location15435 Park Point, #100 Lake Elsinore CA 92532Powered by vFlyer.comvFlyer Id: 3507905
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By Gene Wunderlich, Realtor & Legislative Liaison
(1st Action Real Estate)
At a loss for something fun to do for the next few weeks? Then here's a freebie for you courtesy of the Lake Elsinore Valley Arts Network.  Entitled 'Music with a View', the city is launching their 12th season of free concerts this Saturday at McVicker Park (29355 Grand Ave). The concerts start at 7:30 p.m. and will run each of the next 4 Saturdays.  A couple of differences attendees will notice this year - in the past there was a snack bar that had hot dogs & chili along with beer and wine. This year  no alcohol will be permitted in the park but they have opened food service up to a few vendors including Sweet Lumpy's BBQ, Taco del Mar and Buddy's Pizza. You can also bring your own picnic. The line-up for this year includes: 8/14 - The Silver Beatles 8/21 - The L.A. Accident 8/28 - Kan...
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By Sidney Kutchuk - Realty Works Temecula Kutchuk - Realty Works Temecula, Realty Works Temecula
(Realty Works Temecula)
Buyers of New Homes in California are eligible for a New Construction Tax Credit.  I have been getting requests for information about living in Lake Elsinore.  There are several new developers building in Lake Elsinore.  I'm going there today to take some pictures and I am really excited to document what's going on there.  With prices begin at $190,000 these homes are a great value! I've noticed Lake Elsinore in the news quite a bit lately.   They have a great City Council with Mayor Melissa Melendez leading the way with an approachable style.  She offers residents of Lake Elsinore a chance to chat it up, at Local Coffee house, Flour Fusion Gourmet Bakery every 2nd Wednesday beginning at 9:00 s.m. Flour Fusion Gourmet Bakery, Cafe & Coffeehouse133 North Main StreetLake Elsinore, Califor...
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By Ryan Smith
(Allison James Estates & Homes)
I am pleased to share that I saved another family and home from foreclosure.  This family was able to stay in their Lake Elsinore, CA home payment free for over a year.  They bought at the peak of the market and owed approximately $340,000 on this home.  Guess what it sold for?  $151,000!!!  Not only did the sellers avoid foreclosure, but they were able to close without a Promissory Note or Deficiency Judgment.  Just another success story about taking a horrible hardship and making the most of it. This is Ryan Smith from Temecula, CA signing off until next time……………
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By David A. McCloskey, Let's Make It Happen..NOW
(Pacific Home Brokers, DRE License# 01776597)
You are cordially invited.  This beautiful, turnkey,  PANORAMIC VIEW HOME is available for immediate occupancy, and waiting just for you.   Come make it your own.  I will be waiting to greet you this weekend.   Please stop by or refer someone. June 26th-27th @ 1:30pm-6:30pm        David A. McCloskey - Let's Make It Happen...NOW! Coldwell Banker-Town & Country Web: http://davidmccloskeyrealestate.net Email: davidmccloskeyrealestate@gmail.com
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By Cameron Novak, Featured Corona Real Estate Agent Team
(The Homefinding Center)
Free Short Sale Negotiation for Lake Elsinore, California Homeowners Homefindinginfo.com's Top Rated Short Sale Agent for California is assisting Lake Elsinore homeowners FREE OF CHARGE. My Short Sale Team assists hundreds of Southern California homeowners with their complicated situations and NEVER charge the homeowner for our negotiating services... Our fee is paid by the bank. Don't let foreclosure happen to you! My team will be the contact point for your bank. You will not have to take any more embarrassing phone calls. We can also negotiate to allow you more time in your home if you'd like. Behind in your payments? That's o.k. Let us stop the Foreclosure proceedings and give you time to make arrangements. Don't call just any "agent" for this important issue, you need a full time S...
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By Brian Skaar, VA, Jumbo, FHA & Conv Direct Lender (760) 752-4480
(VanDyk Mortgage - VA, FHA, Conventional, VA Jumbo, Jumbo, Purchase Loans, & Refinance, Direct Lender)
Lake Elsinore VA Loans and FHA Home Mortgage Loans - VanDyk Mortgage - California VA Lender & FHA Lender. VanDyk Mortgage is your source for VA Loans and FHA Loans in Lake Elsinore. We have been making FHA, VA, Conforming, and Jumbo loans since 1987. VanDyk Mortgage is a Direct Lender. We offer many loan programs for Lake Elsinore Homebuyers and Lake Elsinore Homeowners to Purchase and refinance homes.. FHA & FHA Jumbo (aka High Balance) VA & VA Jumbo (aka High Balance) Conforming & Conforming Jumbo (aka High Balance or Super Conforming) Jumbo Loans to $3m Lake Elsinore FHA Loans are available up to $500,000 with just 3.5% down payment. The FHA 2011 Loan Limit for Lake Elsinore is $500,00. Lake Elsinore FHA Loans that are over $417K up to $500,000 are called FHA Jumbo or FHA High Balanc...
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By Adam Kutchuk Murrieta, Short Sale Specialist Rated 5 Stars
(Realty Works)
Short Sale or Bankruptcy?   This is one of the most common questions that comes up when I first sit down with people that are contemplating a short sale. While there are no clear black and white answers, each option has merit. There are a few reasons to consider a short sale before filing for bankruptcy.   One of the major elements is the scope of damage to your credit. Recovery time is MUCH shorter through the Short Sale route Vs. Bankruptcy. Depending on which chapter Bankruptcy you file, a BK can stay on your credit for 7-10 years. If you can complete a short sale, it will most likely show up on your credit as a "short pay", and will impact your credit for aprox 2 years.   Another very important element that is often overlooked, is that a completed short sale displays due diligence a...
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By David Northup
(David Northup - Aim RE Group Inc, Temecula Realtors® (AIM))
The Lake Elsinore Storm baseball team's pre-season party was a huge success. It was held this year on Saturday March, 20. (The Storm is a Class A feeder team for the San Diego Padres.) The annual event has become a favorite among the area's little league teams. In years past the "Party" was aimed a bit more toward the adult fans but this year marked the beginning of a concerted effort to make the event more family friendly. One of the major attractions of the day is for the the fans to take batting practice on the diamond. Lots of other free things for the kids to do and of course the mascot Thunder was there to entertain the crowds. -Temecula Real Estate
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By Roberta Golub
(Realty Network)
What are the best and worst areas to live in, in Lake Eslinore? Any info about the area would be greatly appreiciated.
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By Barbara Lincoln
(PRMG)
My beautiful city has a bad reputation. It's like the girl in high school who everyone thinks is slutty but isn't really. What does she do to shrug off the bad rap and get people to see her for the lovely little angel that she is? I think the only way is to get to know her. Go to one of her picturesque lakeside parks with a picnic. Sitting at the beach watching the boats and jet skis is a wonderful way to spend a couple of hours relaxing. Nothing is prettier than the blue sky and sparkling water on a hot summers day. Take a walk down her quaint little main street. Day or night it is a great place to poke around the shops have a coffee or a cocktail and just chill. There are great restaurants from classy to casual, live music, even a tea house that serves a proper english high tea on Sat...
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By Tom Plant
(WINEormous.com)
The baseball season must surely be upon us. Spring training is drawing to a close. Across the country, fans are gearing up for opening day. Teams, both minor and major league are getting ready to welcome the crowds. What sorts of promotions can you expect to see this year? Well, In Lake Elsinore, The Storm has a unique idea for their Tuesday night games. In addition to all you can eat for $13, the first 250 fans will receive their very own Subtle Butt. Listen, you can't make this stuff up, really. If you think about it, an all you can eat promotion does carry built-in hazards. At least The Storm is thinking about its fans. Play Ball! The Storm's mascot - Thunder. Murrieta Real Estate Expert – Tom Plant, REALTOR® - Coldwell Banker Residential Brokerage – Active Rain Ambassador  (951) 907...
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By Gene Wunderlich, Realtor & Legislative Liaison
(1st Action Real Estate)
The Lake Elsinore Valley Chamber of Commerce presented 'A Conversation with Mayor Bob Magee' on March 19 in the Diamond Club at Storm Stadium. The Mayor detailed a positive and optimistic summary of Lake Elsinore today. He stressed the job growth and new businesses in the area, new restaurants, auto dealers and retail stores. There is fresh development in and around the city as they look to capitalize on their unique aquatic attraction. They've also just opened the first golf course in 80 years - The Links at Summerly. The Mayor said that while the city coffers are off by some 16% this year, the City is  financially stable - no threats there either.  Following his overview, the Mayor answered questions from the audience addressing everything from lake front development to city street pa...
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By Tom Plant
(WINEormous.com)
  Animal Friends of The Valleys is a wonderful organization that provides services for our four legged (and some winged) friends. A few years ago, I adopted the light of my life, Domino, a black and white tuxedo kitty. Last year I submitted his photo for their annual calendar. Guess who's the pet of the month for February, 2009? Am I a proud papa? You bet! Isn't he adorable?       Murrieta Real Estate Expert – Tom Plant, REALTOR® - Coldwell Banker Residential Brokerage – Active Rain Ambassador  (951) 907-9701 It would be my honor to show you the incredible Temecula Valley, a place I’m very proud to call home. Subscribe in a reader
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By Gene Wunderlich, Realtor & Legislative Liaison
(1st Action Real Estate)
Five Year Housing Chart for Lake Elsinore, California I've recently provided a copy of this report to our local officials for the City of Lake Elsinore. This information may prove helpful in determining city budget forecasts for the coming year as they evaluate the impact the downturn in our housing market has had on their revenue stream.  Of course property tax revenue is just one source of income for the city but a major one. As the state continues to wrestle with a budget that may or may not include some trade-off between property taxes and vehicle license fees, a city like Lake Elsinore that is in the midst of a housing resurgence needs to know where current property values are.  As you look at the attached chart and graphs, you will notice that the number of sales has declined ste...
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