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Montebello, CA Real Estate News

By Matthew Sturkie, CRS, GRI 909-969-3805, CRS, GRI 909-969-3805
(Action Realty)
I am back again with more residential income properties. This time we are looking at the city of Montebello California in Los Angeles County.Here is the current inventory of duplexes, triplexes, fourplexes and larger multi- unit residential income properties for sale in the city of Montebello California.As of today, there are six multi-unit residential income properties for sale in the city of Montebello California. There are two two-unit properties, one four-unit property, one five-unit property, one sixteen-unit property and one seventeen-unit property. The prices range from $569,000 for one of the two-unit properties to $5,695,000 for the seventeen-unit property.     The average price per unit is $301,895. Unit mix varies by property. Rents vary by property and location.To see these ...
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By Same Day 203kla, HUD Certified 203k Consultant 323 309-9722
(Same Day 203Kla 323 309-9722)
                 How Many Real Estate Professionals Have Closed A 203k Short Sale?                   Why Are So Many Realtors Afraid Of The FHA 203k Loan Program?                                                      The 203k LOAN PROGRAM IS ON THE MOVE ACCORDING TO WELLS FARGO AND B OF A         www.203kshortsale.com Call Now 323 309-9722 - We Can Help! - info@203kla.com                  203k Loans,  The Next Big Thing! .. According To Wells Fargo & B of A  Today Wells Fargo does about one-third of the 203K loans written nationally.  Bank of America, which reintroduced the 203k loan program in 2009, has  seen interest in the program nearly triple. The  biggest challenge, and opportunity, is buyer and Realtor awareness.  When experience matters, demand the best 203k consulting service in...
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By Tom Bashe
(SCA Real Estate - Call Now)
Lloyd Cullen Real Estate is a local Montebello Short Sale Realtor. As a Montebello Short Sale Company that specializes in short sales, you are assured the highest standard of professionalism and can always count on our Montebello Short Sale Realtor to help answer any questions you have in regards to Montebello Short Sales. Montebello Short Sale Realtor Lloyd Cullen is a local Montebello Short Sale Expert with experienced Montebello Short Sale Agents here to assist you.   Montebello Short Sale Realtor We specialize in Short Sales for Montebello and Surrounding Areas At Lloyd Cullen Real Estate, our Montebello Short Sale Realtor has a hard job but a job that we love nonetheless. Our job is to make sure we can help our clients deal with their Montebello short sale. We want to make sure our...
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Remodeled Single Story Home Overview Maps Photos Description Market Stats $309,000 Single Family Home Main Features 4 Bedrooms2 Bathrooms1 UnitInterior: 1150 sqftLot: 5,264 sqft Location 108 Given PlaceMontebello, CA 90640USA 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 Our recent listings Turnkey Condo $60,000 below appraised value!Beautifully Remodeled Single Story CharmerRemodeled Pool & Spa CharmerRemodeled 4 bedroom 3 bathroom Mira Mesa HomeRemodeled Single Story Charmer Subscribe to our listing feed Nearby properties for sale
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By Donne Knudsen, CalState Realty Services
(Los Angeles & Ventura Counties in CA)
MONTEBELLO, CA - The name, Montebello, which means beautiful hill in both Italian and Spanish, was originally an agricultural community.  However, with the discovery of oil by Standard Oil Company, it brought about a revolutionary change and the agricultural hills soon became a major contributor to oil production.  Soon its oil fields were producing one-eighth of the crude oil produced in CA.  Montebello is located a few miles east of downtown Los Angeles and is host to one of the area's best-loved attractions:  the  Grant Rea Park, which houses the Montebello Barnyard Zoo.  The Montebello Zoo is a family favorite for Montebello residents and everyday there is like a party with children galore running around the place.  Montebello has been experiencing a growing spurt the past few year...
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By Alberto Pacheco, Experience and Trust
(Home Smart Evergreen Realty)
Check New  Listings, Pending  and Sold for  April 2009 The difference between the New Listings and the ones under contract goes 50% Down and the Difference between Price of New Listings and Sold is         $  115,474.   check it out at:  http://losangelescountyrealestate.blogspot.com/ Statistics For May 2009 The number of New Listings versus the ones under contract goes down 50% and the Difference between Asking Average Price of New Listings and Average Sales Price is $ 88,831... check it at: http://losangelescountyrealestate.blogspot.com/ Statistics For June 2009 The Difference between New Listings Versus the Ones Under Contract goes 33 down, and the Difference between New Listings Average Price and Sold Average Price is $ 39,020. Check that at: http://losangelescountyrealestate.blogsp...
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By allan bataiff
(CoBa REMS)
Is it time to look north to our neighbor? Unlike most banks in the United States, Canada's banks are not experiencing gut-wrenching adjustments. A main reason is that Canada does not have a heavy regulatory hand that forces its banks to engage in high risk loans to promote equality of outcome. With the exception of Alberta, Canadian banks are not constrained by non-recourse paper the way American banks are. In Canada, banks can seek other assets of the borrower in the event a foreclosure does not satisfy the amount stated in the note.  Clearly, in Canada buyers have a bigger stake in the transaction and are going to think twice, or three times before walking away from their home. Food for thought, or just a feeble exercise in comparative political economies?  
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By Carlos Arvizu, (R.V. Zoo)
(Carlos R. Arvizu Sr. with Prudential California Realy)
Federal Reserve remain concerned that inflation is a threat but continue to lower rates amid credit concerns.  Increased productivity is often credited for economic growth with little signs of inflation.  Productivity is the rate at which goods or services are produced.  It is most commonly defined in terms of labor, which is the contribution of people to the process.  Labor costs represent about two thirds of the value of the output produced.  The Bureau of Labor Statistics of the US Department of Labor releases the most widely cited productivity statistics quarterly and annually.  Productivity is significant in that as it increases, businesses can produce more with the same or less input.  This wealth building effect is vital to the US economy.  As productivity increases, the US econo...
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By Kevin Raisch, 247 Agent
(Coldwell Banker Olympic)
3 Bedrooms with Spacious Master Suite 2.5 Roomy Bathrooms 1,283 sq. ft. of Living Space Kitchen with Breakfast Bar Refinished Kitchen Cabinets Individual Dinning Area 2 Car Garage with Auto-Sectional Garage Door Direct Garage Access Newer Central A/C & Heat Ceramic Flooring Convenient Interior Laundry Ample Storage Bright & Open Floor plan Window Treatments Convenient Freeway Access (605, 5, 60 & 710) Vaulted Ceilings Skylight for Natural Lighting Ceiling Fans Well Maintained & Gated Complex Tasteful Landscaping throughout Common Grounds Low HOA dues Association Pool & Spa All this is waiting for you!Leticia BañuelosOffice: (562) 346-5240Mobile: (562) 458-7967Cordiales Atenciones y Servicio en Español312 W Olympic Lane • Montebello • 90640Come and see the Largest Floor Plan in the Mont...
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By Eddy Martinez
(Nationwide Funding Group)
Construction financing companies is made up of two phases - the construction phase and completion. An interim loan  is a short term loan to finance constructions costs, such as the building of a new home. THe lender basically advances funds to the borrower as nedded while the construction progresses. Since this type of loan is a high risk loan it has a high interest rate. Upon completion of the construction , the borrower must obtain permanent financing or pay the construction loan in full. The permanent loan that pays off a construction loan is called a takeout loan. Interim construction loans are usually made by commercial banks. Stanby commitments and take out loans are arranged by mortgage companies for large investors such as insurance companies. Do NOT confuse a take out loan with...
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Montebello, CA Real Estate Professionals