Tustin Ca, First Time Home Buyer Tips- Part 4: What You Need to Know About Sellers                                                                        So you are a First Time Home Buyer looking to buy a home in Tustin California. You are a unique individual and your search will vary in most respects from others who are looking to buy. There is always one constant though: you will be buying your home from a seller. Although all sellers vary just like buyers vary, there are 4 main types of seller. Knowing the difference between these sellers can help make your search more productive. First Time Home Buyer Tips- Seller #1- The Short Sale: A seller who has listed their home as a short sale is usually a seller who does not necessarily want to sell but they have no other choice. They have ... 10/05/2009

Tustin Real Estate Market Report- October 1st, 2009 Tustin Active Listings= 155Lowest priced listing in Tustin= $133,001.00Highest priced listing in Tustin= $4,200,000.00Active Listings Property Type: 80 Single Family Residences 75 Condos/Townhouses                               Active Listings Sale Type: 87 Standard Listings 7 REO* Listing 61 Short Pay** Listings                               Active Listings Price Range: 79 priced at or above $500,000.00 76 priced below $500,000.00                               Tustin Properties in Pending & Back Up Status= 160Pending & Back Up Status Listing Type: 57 Standard Listings 18 REO* Listings 85 Short Pay** Listings                               Tustin Properties Sold From 9/1/09-9/30/09= 68September, 2009 Sales Type: 41 Standard Sales 10 REO... 10/02/2009

North Tustin Real Estate Market Report- October 1st, 2009 North Tustin Active Listings= 88Lowest priced listing in North Tustin= $525,000.00Highest priced listing in North Tustin= $6,900,000.00Active Listings Property Type: 88 Single Family Residences 0 Condos/Townhouses                           Active Listings Sale Type: 80 Standard Listings 1 REO* Listing 7 Short Pay** Listings                             Active Listings Price Range: 88 priced at or above $500,000.00 0 priced below $500,000.00                             North Tustin Properties in Pending & Back Up Status= 18Pending & Back Up Status Listing Type: 15 Standard Listings 0 REO* Listings 3 Short Pay** Listings                             North Tustin Properties Sold From 9/1/09-9/30/09= 21September, 2009 Sales Type: 18 St... 10/02/2009

Tustin, Ca First Time Home Buyer Tips-Part 3: Do & Don't                                                                                                         So you are a First Time Home Buyer looking to buy a new home or condo in Tustin You have chosen a great Realtor and are working with a wonderful loan officer who has pre approved you for your loan. Here comes the fun part. It is time to start searching for your home. Before you get started take a look at this list of First Time Buyer Tips Do and Don't because the last thing you want is to run into problems now, especially if they can be avoided. First Time  Home Buyer Tips Do 1: Continue to Save Money. During the time you are searching for homes and even when you have already found your home, saving money is always a smart thing... 10/01/2009

Tustin, Ca First Time Home Buyer Tips: Part 2- How to Choose your Lender                                                                             When it comes to buying your first home, there are many choices you have to make. Making the right choice can mean the difference between a happy first time home buyer and disappointment. Chosing your lender and loan officer is a very important decision you do not want to go wrong on. First Time Home Buyer tip 1: First things first, secure financing. Oh I know talking about finances is no where as much fun as going to look at homes but it needs to be the first thing you do. Sure you can start by choosing your agent as they can be a great resource in finding your lender, but before you start looking at homes you need to know what you qualify... 10/01/2009

Tustin, Ca First Time Home Buyer Tips- Part 1: How to Choose your Realtor                                                                                         This will be the first in a series of first time home buyer tips blogs that I hope will be beneficial to all first time home buyers looking for tips on how to prepare for purchasing their first home. Buying your first home is both exciting and trying. Choosing the right agent can mean the difference between your first set of home keys and disappointment. Here are a few tips to keep in mind when searching for the perfect agent for the job. First Time Home Buyer tip 1: Chose an agent who specializes in working with First Time Home Buyers. This might seem like stating the obvious but many buyers do not understand why this is impor... 10/01/2009

Tustin, Ca What is a Short Sale?  What is a Short Sale? No, a short sale is not an awfully fast real estate transaction although I'm sure most Realtors would be jumping for joy if that were the case... but a short sale is a great foreclosure prevention method that is absoultely free for homeowner's. A short sale can be an excellent solution for homeowners who need to sell, and who owe more on their homes than they are worth. In the past, it was rare for a bank or lender to accept a short sale.Today, however, due to overwhelming market changes, banks and lenders have become much more negotiable when it comes to these transactions. Recent changes in corporate policy and the Obama administration have also improved the chances of getting a short sale approved. But to be technical, here's a ... 09/24/2009

Tustin, CA Do It Youreslf Loan Modification part 3 (last of the serious)....                                                                   Do It Yourself Loan Modification step 11: Once you have confirmed the lender has received your package follow up consistently. You want to call the loss mitigation department at least once a week to check on your progress. Once you get assigned a loss mitigation negotiator try to get this persons contact information such as their email address, direct fax, and direct line. You want to make nice with this person because you don't want your case to be put at the bottom of the stack. You also want to be persistent. Follow up is key to success. Remember the people at the bank who are working on your file have at least 100 other files to work on. The ... 09/21/2009

Tustin, Ca Do It Yourself Loan Modification: Part 2   Do It Yourself Loan Modification  step 6: So now you have gathered your documents and filled out your financial worksheet. Take a good look at the numbers. Do they make sense? If you have $3000 in income a month but have $5000 in expenses, for instance, make sure this is accurate. If you do not feel that you are negative $2000 a month then perhaps there is some income that you omitted. Make sure that you have included all income and expenses to give a clear picture.                                                                                             Do It Yourself Loan Modification step 7: Once you are sure you have calculated everything and your numbers are accurate, examine your situation. Let's take the example from earlier... 09/21/2009

Tustin, Ca Do It Yourself Loan Modification: Step by Step Guide to processing your own loan modification. Part 1 Do It Yourself Loan Modification step 1: Now I must warn you step 1 can be the most trying part of doing your own loan modification but remember, when you Do it Yourself you save money and gain control of your loan modification and your home so do not let this first step scare you off. The first thing you want to do to process your loan modification is figure out your income. Gather pay stubs for everyone who works in the family and contributes to the mortgage. You want to figure out the net (what is brought home after taxes and deductions).  There is a trick to this depending on how you get paid. Let's say for instance you bring home $500 every 2 weeks. You may be tempted to... 09/21/2009

Tustin, Ca Short Sale vs. Foreclosure: 5 Reasons to Choose a Short Sale over a Foreclosure.                                                            Falling behind on mortgage payments is an unpleasant feeling but doing nothing about it and ending up losing your home to Foreclosure is not the best solution. Here are the top reasons why a short sale can help you and your family.                                                                                                              Your future home purchasing power: Just because things are bad now doesn't mean they will be this way forever. If a short sale is successfully negotiated, a homeowner can qualify for a Fannie Mae home loan in as little as 2 years.  On the other hand, a homeowner with a foreclosure on their record will be... 09/15/2009

  Tustin Ranch, California ~ beautiful residential community located north and adjacent to Irvine. This is part of The Irvine Ranch and was land preserve until creation of residential communtity in 1986 by The Irvine Company ~ with about 4,000 homes.        Buyer and investor demand for homes at TUSTIN RANCH, CA, has significantly increased recently.   There are now more homes under contract with pending escrow and backup (62 homes) as compared to only 51 homes active for sale at Tustin Ranch. Increased buyer demand shown by recent sales and pendings is squeezing the regular for sale market at Tustin Ranch, so Realtors and agents simply don't have enough homes to show and sell. Market saturation (absorption) ~ number of homes sold during past thirty days (17) as compared to current lis... 07/09/2009

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.   06/15/2009

RE/MAX Homes & Estates Pre-Foreclosure Division 9241 Irvine Boulevard, Suite 150, Irvine, California 92618 (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 credi... 06/11/2009

RE/MAX Homes & Estates Pre-Foreclosure Division 9241 Irvine Boulevard, Suite 150, Irvine, California 92618 (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 fina... 04/21/2009

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 $15.00 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 FredSed@PGCoastal.com The Pahua Group (To ref... 02/06/2009

Same savvy investors who wanted to sell their investment property and exclude the gain (except recaptured depreciate) moved into their investment property for 2 years. This allow them to qualify the residence as their principal residence and exclude up to $500,000 of the gain for married people! Not a bad return on a two year housing commitment. The Housing Assistance Tax Act of 2008 includes an amendment which requires the taxpayer to prorate the investment time starting in January 1, 2009. Luckily, it's not retroactive ... so the old strategy still has merit for a few more years because all of the "non-qualified" use before January 1, 2009 does not apply to the prorated investment time. As always, it's pretty involved and they took a lot of time to write a lot of rules ... so the key ... 01/07/2009

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 $15.00 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 FredSed@PGCoastal.com The Pahua Group (To ref... 11/28/2008

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 $15.00 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 FredSed@PGCoastal.com The Pahua Group (To ref... 10/14/2008

  TUSTIN RANCH PROPERTIES / HOMES FOR RENT / LEASE   If you are looking for properties in Tustin Ranch to Lease or Rent then this is where you want to search. The link below list the properties that are currently on the market. These properties are subject to, but not limited to the following: *Availability *Credit check for any applicant over the age of 18 ($15.00 per applicant) *Prior rental history (If needed) *Income verification (If needed) There is no cost to you as the potential tenant/renter, which means our services to you would be free. Our fees are paid for by the owner/landlord of the properties. For additional information, questions, or if you would like to set up a time to preview any property please contact Fred Sed with Fairview Realty at 949-274-3733. (To reference a pr... 06/03/2008