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Tustin, CA Real Estate News

By Katnik Brothers- Broker, Realtor, M.B.A. North Tustin Realtor, Tustin Ranch Realtor, Orange Realtor, Tustin & Orange Real Estate
(Katnik Brothers Real Estate Services Corporation)
Katnik Brothers, Tustin Brokers update you on the current impact bank owned homes are having on real estate.  There have been 29 closed sales year to date averaging $666,113. There are 11 bank owned homes currently for sale! Short sales in 2010 have doubled, while Foreclosures are down signifigantly from last year. Why? Banks have streamlined the Short Sale process due to foreclosures being so costly! Below are two foreclosure sales that have occurred this year. 10761 Skyline                                    Sold for $ 1,030,000 10202 Saint Cloud Lane                     Sold for $ 1,330,000   These bank owned sales usually have no termite clearance, no repair costs, and are sold As-Is. Bank owned properties are not always the steal they are made out to be! For that reason, ask your B...
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By Katnik Brothers- Broker, Realtor, M.B.A. North Tustin Realtor, Tustin Ranch Realtor, Orange Realtor, Tustin & Orange Real Estate
(Katnik Brothers Real Estate Services Corporation)
Katnik Brothers, North Tustin & Tustin Ranch Short Sale specialists are sponsoring the Dino Dash this Sunday, November 7th.  Information regarding event details: Sign up online at: www.katnikproperties.com Need more information call Karl 714.726.2293   Race Day Schedule Sunday Nov. 7 Registration: 6:30 am - 9:15 am (located at the corner of El Camino Real and West) If you've already picked up your bib and race shirt, you do not need to stop at registration on race day. EXPO (food, games, fun): 7:00 amBike Tour(not timed): 7:00 am (starting from El Camino Real and Myford)10K timed race:7:15 am (starting near El Camino Real and Auto Center Drive)St. Joseph Hospital 5K Run(timed race): 8:30 am (starting near El Camino Real and Auto Center Drive)Ralphs 2K Brontosaurus Blitz Fun Run(not time...
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By Katnik Brothers- Broker, Realtor, M.B.A. North Tustin Realtor, Tustin Ranch Realtor, Orange Realtor, Tustin & Orange Real Estate
(Katnik Brothers Real Estate Services Corporation)
Katnik Brothers, Re/Max Metro's # 1 Short Sale Team discuss North Tustin Short Sales. There are currently 86 homes for sale in North Tustin/Cowan Heights, 9 of these listings are Short Sales. Distressed properties in North Tustin have been statistically low when compared to other nearby cities. There have been 52 home sales in the past ninety days, only 13.4% of the sales were distressed in North Tustin. Next door in Orange, Short Sales and Foreclosures accounted for over 35% of sales. One reason for the low short sale/foreclosure rate is the highly desirable schools. Tustin has one of the best school districts in the country; parents feel confident sending their kids to Nationally Recognized Blue Ribbon Schools. Distressed property sales will continue to stay around 13% in North Tustin...
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By Katnik Brothers- Broker, Realtor, M.B.A. North Tustin Realtor, Tustin Ranch Realtor, Orange Realtor, Tustin & Orange Real Estate
(Katnik Brothers Real Estate Services Corporation)
Tustin Ranch has many Bank Owned Condo's For Sale at large discounts from 2006/2007 prices. At the moment there are 10 Foreclosure's ranging from $199,000 to $408,000.  These 10 bank owned condos account for 20% of the market; half of these units have been on the market for 30 days or longer. How does the 2010 Foreclosure market compare to 2009? 2009: 16 Condo Foreclosure Sales 2010: 11 Condo Foreclosure Sales with 5 Pending Sale What does this tell us? The Foreclosure market is not leaving Tustin Ranch anytime soon. We will continue to see these Bank Owned sales, but Standard Sales still make up over 50% of the market. Some of the larger condo's with golf course views are still over 800,000. Yes, even in today's market!    BANK OWNED DEAL OF THE MONTH, "Same unit in complex was selling...
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By Ron Holborn, Commercial & SFR, Anaheim CA, Real Estate & Short
(Short Sales, Foreclosures, Rentals, Income Real Estate)
I can help, give me a call at 714-469-8198 or email me at Remaxron88@hotmail.com to discover my successful and effective tactics in securing REO properties in this accelerated and zealous buyer's market. I also can help on Probate Sales and Trust.   I've selected some of the best Short Sales available. See below: Tustin Approved Short Sale Listings       To see more Approved Short Sales click on a city below: Garden Grove, Stanton, Buena Park
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By Brian Doubleday, Ladera Ranch, Foothill Ranch, Lake Forest, Mission Viejo
(Brian Doubleday - IML RealEstate - Orange County, CA Broker)
 North Tustin Real Estate - Market Snapshot September 23rd, 2010.       11 Closed Sales: More than two-thirds of the way through September 2010 and 11 detached homes have sold in North Tustin.  Of the 11 homes sold, none  were bank-owned, 1 was a short sale and the remaining 10 were standard (equity) sales. It may be difficult to equal last month's total sales volume of 20 homes with 7 days remaining and only 10 homes in pending sale status. Median price of the 11 homes sold month to date is $680,000.00 which is a slight drop year over year and month over month but we'll have to wait and see what the final figures at the end of themonth. Sale prices ranged from $425,000 for a 1,763 square foot 3 bedroom/2 bathroom home on Eton Place to $1,075,000 for a 3,190 square foot 4 bedroom/3 bath...
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By Fred Sed, Your Southern Cali Realtor, Why? Because Fred Se
(Fred Sed Group ~ Your Premier Southern California Realtors)
  Tustin Foreclosures Tustin is a great city to live in because it is centrally located in Orange County. In Tustin, CA you also have access to The District shopping center (Over 1 Million sqft of space), The Tustin Market Place (you name it, they have it), and much much more.     Real Estate in Tustin, CA is also a great choice. There are foreclosures to choose from, or just regular standard real estate as well. You can Search By Map to see what properties are available in Tustin or any other city in Orange County.     You can also learn about a Short Sale and how it works and whether or not you qualify for one.     If you have any questions or would like to set up a time to view a property please contact us at: Call or Text: (949) 274-3733Email: Fred@BestOCProperties.comWebsite: www.B...
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By Fred Sed, Your Southern Cali Realtor, Why? Because Fred Se
(Fred Sed Group ~ Your Premier Southern California Realtors)
  Tustin Foreclosures Tustin is a great city to live in because it is centrally located in Orange County. In Tustin, CA you also have access to The District shopping center (Over 1 Million sqft of space), The Tustin Market Place (you name it, they have it), and much much more.     Real Estate in Tustin, CA is also a great choice. There are foreclosures to choose from, or just regular standard real estate as well. You can Search By Map to see what properties are available in Tustin or any other city in Orange County.     You can also learn about a Short Sale and how it works and whether or not you qualify for one. Or if you are in the market to rent a property, you can search and see All of the rentals in Tustin, CA.     If you have any questions or would like to set up a time to view a ...
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By Fred Sed, Your Southern Cali Realtor, Why? Because Fred Se
(Fred Sed Group ~ Your Premier Southern California Realtors)
    Homes For Lease & Rent In Tustin Ranch Tustin Ranch is a wonderful place to live. There are many shops, resturants, parks, and one of the top school districts in Orange County. If this sounds like a place that you can call home, then this is where you can find all the properties that are available for lease & rent. The best part is, our services are FREE. All fees are paid for by the landlord/owner of the properties. You only pay for a $20.00 fee per applicant over 18 years of age for the credit report. If you have any questions or if you would like to set up a time to see any properties for lease or rent in Tustin Ranch or Orange County, please contact Fred Sed at (949) 274-3733. PROPERTIES AVAILABLE FOR LEASE & RENT Fred Sed (949) 274-3733 Fred@BestOCProperties.com (To reference a...
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By Ann Urias, Your Real Estate Concierge
(Aston Group & HOMESMART)
RE/MAX Homes & Estates Pre-Foreclosure Division  (714) 588 -7676 ∙  www.remaxann.com   If you are in a situation where: • You lost your job • Your Medical Expenses are too high • Just went through/going through a divorce • You are behind on your payments • You have no equity • You can't afford the cost of selling your home • Your income has been reduced • You are in foreclosure   WE CAN HELP YOU! It's easy and doesn't cost you any MONEY! Our services are Free!!! WHEN THE DEBT EXCEEDS YOUR HOME'S VALUE... we can help is with a SHORT SALE.   Benefits of a Short Sale: • Avoid Foreclosure • Avoid Bankruptcy • Reduced damage to your credit • Postpone your foreclosure sale date • A short sale will stay on your credit approx 3 years • BE FREE of financial and emotional burdens!     We are lice...
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By Kaaren Hall, You can invest in real estate using your IRA!
(uDirect IRA Services, LLC)
So you have a self-directed IRA and you’ve invested in real estate, or you’re thinking about buying real estate with your IRA. You know your IRA needs to pay its share of the expenses. You’re plagued by one nagging question, “What do I do if my IRA runs out of money?” It’s true that if your IRA owns 100 percent of a piece of property then the IRA pays 100 percent of the costs (closing costs, property taxes, repairs, etc). If the IRA owns 50 percent it pays 50 percent and so on. Now you’ve come to the point where you get a property tax bill in the mail for your IRA-owned rental house and there’s not enough in the account to pay for it. What’s next? What do you do? Fortunately the answer may not be as difficult as you thought. The first thing you could do is to make an annual contribution...
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By Kaaren Hall, You can invest in real estate using your IRA!
(uDirect IRA Services, LLC)
When: 2/8/2010 7:00 PM to 8:00 PM Where: https://www1.gotomeeting.com/register/215027016 Description: Space is limited. Reserve your Webinar seat now at: https://www1.gotomeeting.com/register/215027016   Come learn how to self direct your own retirement into what ever investment you want with limited exceptions. Stop losing 40% in your retirement accounts and take control of your financial future. Join us as Mathew Owens a Certified Public Accountant and full time real estate investor combines with Kaaren Hall owner of uDirect IRA and expert about how to self directed your retirement account. We will be covering: - What is a self-directed IRA and how do you get started - What you can and cannot invest in - Types of retirement plans - How to build a massive cash flow inside your IRA - Wh...
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By Ann Urias, Your Real Estate Concierge
(Aston Group & HOMESMART)
Tustin Ranch Short Sale Another success !!!!!!!! The seller bought the home in 2006 for $ 640,000 and never refinanced. They had 2 loans 1st loan $512,000 2nd loan $128,000 both loans were serviced by the same lender. We received an offer for $ 390,000 The short sale took a total of 5 weeks to get approved.  1st lender accepted $ 354,100  2nd lender accepted $ 2,000 The bank paid all past due taxes, HOA fees, escrow, title and commissions. This seller received a full settlement for both loans. Interested in short selling your home contact Ann Urias with ReMax Homes and Estates Pre-Foreclosure division. www.orangecountyshortsalerealtor.com  for more info. List with an experienced Orange County Short Sale Realtor.   #01451803
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By Kaaren Hall, You can invest in real estate using your IRA!
(uDirect IRA Services, LLC)
Just Ask Kaaren When: 12/14/2009 4:00 PM to 5:00 PM Where: http://www.justaskkaaren.com/ Description: Just Ask Kaaren If you could ask any question about self-directed investing, what would it be? Join expert business coach, Larry Gassin as he interviews the president of uDirect IRA Services, Kaaren Hall. Ask your questions in advance and hear the answers during Larry's live interview Monday December 14th.. Date: Monday December 14th Time: 4:00pm PST To ask your question - http://www.justaskkaaren.com/
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By Ann Urias, Your Real Estate Concierge
(Aston Group & HOMESMART)
RE/MAX Homes & Estates Pre-Foreclosure Division  (714) 588 -7676 ∙  www.orangecountyshortsalerealtor.com   If you are in a situation where: • You lost your job • Your Medical Expenses are too high • Just went through/going through a divorce • You are behind on your payments • You have no equity • You can't afford the cost of selling your home • Your income has been reduced • You are in foreclosure   WE CAN HELP YOU! It's easy and doesn't cost you any MONEY! Our services are Free!!! WHEN THE DEBT EXCEEDS YOUR HOME'S VALUE... we can help is with a SHORT SALE.   Benefits of a Short Sale: • Avoid Foreclosure • Avoid Bankruptcy • Reduced damage to your credit • Postpone your foreclosure sale date • A short sale will stay on your credit approx 3 years • BE FREE of financial and emotional burd...
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By Ann Urias, Your Real Estate Concierge
(Aston Group & HOMESMART)
Tustin Ranch Short Sale Another success !!!!!!!! The seller bought the home in 2006 for $ 640,000 and never refinanced. They had 2 loans 1st loan $512,000 2nd loan $128,000 both loans were serviced by the same lender. We received an offer for $ 390,000 The short sale took a total of 5 weeks to get approved.  1st lender accepted $ 354,100  2nd lender accepted $ 2,000 The bank paid all past due taxes, HOA fees, escrow, title and commissions. This seller received a full settlement for both loans. Interested in short selling your home contact Ann Urias with ReMax Homes and Estates Pre-Foreclosure division. www.orangecountyshortsalerealtor.com  for more info. List with an experienced Orange County Short Sale Realtor.   #01451803
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By Kaaren Hall, You can invest in real estate using your IRA!
(uDirect IRA Services, LLC)
Your IRA can invest in anything except life insurance contracts and collectibles. What is an allowable investment? Allowable investments at uDirect IRA Services, LLC include the following: * Residential real estate, including: apartments, single family homes, and duplexes * Commercial real estate * Undeveloped or raw land * Real estate notes (mortgages and deeds of trusts) * Life Settlements * Promissory notes * Private limited partnerships, limited liability companies, and C corporations * Tax lien certificates * Foreign currencies * Oil and gas investments * Publicly traded stocks, bonds, mutual funds (see our Brokerage Information) * Private stock offerings, private placements * Judgments/structured settlements * Gold bullion * Car paper * Factoring investments * Accounts receivable ...
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By Momentum Realty, Orange County CA Real Estate Agent
(North Orange County CA Real Estate Specialists)
North Tustin, California Real Estate Market Report- November 1st, 2009North Tustin Active Listings= 79Lowest priced listing in North Tustin = $525,000.00Highest priced listing in North Tustin = $6,900,000.00Active Listings Property Type: 79 Single Family Residences 0 Condos/Townhouses                                Active Listings Sale Type: 72 Standard Listings 1 REO* Listing 6 Short Pay** Listings                               Active Listings Price Range: 79 priced at or above $500,000.00 0 priced below $500,000.00                               North Tustin properties in Pending & Back Up Status= 21Pending & Back Up Status Listing Type: 16 Standard Listings 2 REO* Listings 3 Short Pay** Listings                               North Tustin Properties Sold From 10/1/09-10/31/09= 11Octobe...
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By Momentum Realty, Orange County CA Real Estate Agent
(North Orange County CA Real Estate Specialists)
Tustin, California Real Estate Market Report- November 1st, 2009Tustin Active Listings= 160Lowest priced listing in Tustin = $135,000.00Highest priced listing in Tustin = $4,495,000.00Active Listings Property Type: 86 Single Family Residences 72 Condos/Townhouses 2 Commercial/Residential joint use                               Active Listings Sale Type: 84 Standard Listings 8 REO* Listing 68 Short Pay** Listings                               Active Listings Price Range: 80 priced at or above $500,000.00 80 priced below $500,000.00                               Tustin Properties in Pending & Back Up Status= 155Pending & Back Up Status Listing Type: 47 Standard Listings 16 REO* Listings 92 Short Pay** Listings                               Tustin Properties Sold From 10/1/09-10/31/09= 56O...
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By Ann Urias, Your Real Estate Concierge
(Aston Group & HOMESMART)
Tustin Ranch Short Sale Another success !!!!!!!! The seller bought the home in 2006 for $ 640,000 and never refinanced. They had 2 loans 1st loan $512,000 2nd loan $128,000 both loans were serviced by the same lender. We received an offer for $ 390,000 The short sale took a total of 5 weeks to get approved.  1st lender accepted $ 354,100  2nd lender accepted $ 2,000 The bank paid all past due taxes, HOA fees, escrow, title and commissions. This seller received a full settlement for both loans. Interested in short selling your home contact Ann Urias with ReMax Homes and Estates Pre-Foreclosure division.   www.orangecountyshortsalerealtor.com  for more info. List with an experienced Orange County Short Sale Realtor.   #01451803
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