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TOP 5 HOME DEALS IN RANCHO CUCAMONGA, CA!

Are you looking to move to the city of Rancho Cucamonga?

If so click the link below to see the top 5 home deals in the city of Rancho. 

Click Here!

“THAT DEAL”

Are you looking for “THAT DEAL” in today’s Real Estate Market?

Rancho Cucamonga Homes

What is the first thing that comes to mind when someone says Deal? Foreclosure, Right!                                                                                                                        

Most Bargain Hunters will begin their search on the internet, something like this: Foreclosed homes for sale.

Many people think that the only way to get a great Deal on a home in today’s market; is to buy a foreclosure.  That may not necessarily be true.

The “REAL DEAL” may be buying an individual owned home. These are general overlooked. Sellers with homes on the market right now are generally quite motivated, and understand that their homes are competing with discounted short sales and foreclosed homes. Many individual homeowners are reducing their homes price in an effort to get them sold.

Individual sellers are much more likely to negotiate on a wide range of contract terms than a bank owning a foreclosed home will.  You can work with individual homeowners on things like closing costs, repairs, termite inspections and clearance, septic certifications, title and escrow services and home warranty to name a few.  One of the biggest benefits to purchasing a standard sale is that the homes are usually in pristine condition and are move in ready, unlike many foreclosures.

So next time you or someone you know is looking for “THAT DEAL” keep this in mind……9 times out of 10 you get what you pay for!

Sabrina Cole-Rancho Cucamonga Homes

To Search for “That Deal” click here

 

Where is the Market headed? No. 2

As we discussed back in December the market was shifting. It has been pretty steady the last 6 months. We haven’t seen the WAVE of Foreclosures promised. In fact as of today the latest poll shows 161 active listings in Rancho Cucamonga since July 1s t 2010. Out of the 161 homes available 50% are Standard Sales, 32% are Short Sale and 18% are REO (Foreclosures).

Have you been thinking about selling? Is it time to make the next move in your life? Whether it is Downsizing, Upsizing, or possibly Relocating now is still a great time to sell. There are plenty of qualified buyers, and the rates are at an all time low. It is important to keep your home in top condition. Fix the little items that you have been putting off; add a fresh coat of paint to the interior, paint your front door, have your carpets cleaned, and pull any weeds in the yard. The most important thing of all is to hire the best Real Estate Team in town (Sabrina Cole & Associates). With these small and inexpensive fixes and my proven proactive Marketing Strategy, I am confident that we can receive top dollar for your home. So when you’re ready to make a move I am here to assist you with any of your Real Estate needs.

FREE HOMEBUYER WORKSHOP

ATTEND A FREE HOMBUYER WORKSHOP!

Date: April 24, 2010

Time: 10am-12pm

Location: 3536 Concours Ave Ste 200 Ontario, CA 91764

REGISTER FOR A FREE HOMEBUYER WORKSHOP TODAY AT:

http://www.wellsfargo.com/register

Tell friends and family members to sign up too!

HOPE TO SEE YOU THERE! 🙂

CALIFORNIA HOUSING CRISIS TAX RELIEF

LEARN MORE ABOUT THIS IMPORTANT ISSUE!

CALIFORNIA HOUSING-CRISIS TAX RELIEF

Click the link below to read more about this issue.

CLICK HERE!

ATTEND A FREE HOMEBUYER WORKSHOP!

Get the answers you need to make informed decisions.

DATE: April 24, 2010

TIME: 10am – 12 pm

LOCATION: 3536 Concours Ave. Ste 200 Ontario, CA 91764

REGISTER FOR A FREE HOMEBUYER WORKSHOP TODAY AT:

http://www.WellsFargo.com/Register

Why wonder what it takes to buy a home in today’s real estate market when you can get solid information? Our two-hour workshop will answer your questions and help you become a confident, educated homebuyer.

HOPE TO SEE YOU THERE! (:

SPECIAL ANNOUNCEMENT!

Subject: Short Sales and Short Pay Offs

Purpose: This mortgagee letter provides guidance to lenders and underwriters regarding borrower eligibility when

-a perviously owned property was sold for less than what was owed (short sale), or

– there is principal write down of indebtedness that cannot be refinnaced into a new mortgage (short pay off)

Effective date: This guidance is effective immediately!

Summary FHA Guidance on short sales: borrowers are not eligible for a new FHA mortgage if they pursued a short sale agreememnt on his or hier principal residence simpoly to

-take advantae of declining market condtions, and

– purchase, at a reduced price, a similar or superior property within a reasonable commuting distance.

REFERENCE: FOR DETAILED INFO ON CONVERTING EXISTING PRINCIPAL RESIDENCES INTO RENTAL PROPERTIES, SEE 4155.1 4.E.4.g

Summary Guidance on borrowers current at the time of Short Sale: Borrowers are considered eligible for a new FHA-insured mortgage if

-they were current on their mortgage and other installment debts at the time of the short sale of their previously owned property, and

– the proceeds from the short sale serve as a payment in full.

REFERENCE: FOR DETAILED INFO, SEE “SHORT SALES” AT 4155.1 4.C.2.1.

Summary Guidance on Borrowers in default at the time of Short Sale: Borrowers in default on thier mortgage at the time of the short sale (or preforeclosure sale) are not eligible for a new FHA-insured mortgage for three years from the date of the pre-foreclosure sale. Lenders may make exceptions to this rule under certain circumstances.

REFERENCE: FOR DETAILED INFORMATION, SEE “SHORT SALES”, AT 4155.1 4.C.2.1.

OPEN HOUSE TODAY! 2/19

TODAY I WILL BE HOSTING AN OPEN HOUSE AT:
7187 OAK TREE PL. FONTANA, CA. 92336
FROM 2:45 P.M. TO 5:45 P.M.
SO PLEASE COME OUT AND SUPPORT.

Well Maintained Home. Wonderful Location and Layout. This home features 4 bedrooms and 3 baths. All Bedrooms are upstairs including a huge Bonus Room which can be used as a Bedroom. Large open Kitchen and Family Room. Direct Garage Access with in door Laundry Room.Located in the Etiwanda School District.

FOR MORE INFORMATION CLICK BELOW
http://www.sabrinacole.com/listings/hot-buys/

GREAT NEWS FOR FHA BUYERS!

FHA Temporarily Waives 90 Day Flip rule!

To learn more about this 90 day flip rule

go to:

http://www.sabrinacole.com/great-news-fha-buyers/

Rancho Cucamonga! The Place to Live!

Rancho Cucamonga! The place to live…………

 

Rancho Cucamonga has become the address for upwardly mobile executive, managerial and

senior-level technical professionals in the Inland Empire. This migration is the direct result of

thoughtful planning with an emphasis on building a desirable community that is family-friendly with upscale neighborhoods, quality schools, significant open spaces, and a vibrant and robust retail, restaurant and entertainment scene. Rancho Cucamonga is one of the safest major cities in California. These attributes, along with many others, contributed to Rancho Cucamonga’s ranking as one of the 50 best places to live in the United States.

Upscale Neighborhoods

 

In past years, Rancho Cucamonga’s residential neighborhood growth has surged as the prices of real estate in Los Angeles, Orange, San Diego and Ventura counties have reached extraordinarily high levels. Even with the recent housing downturn, Rancho Cucamonga’s homeowners enjoy some of the highest property values in the Inland Empire due to its foothill setting, as well as its nearness to Los Angeles County. An additional plus is the City’s emphasis on planned unit developments, large lot sizes and construction standards will above industry norms.

• • Rancho Cucamonga’s median new home price was $475,000 in third quarter 2008,

the highest among the Inland Empire’s major markets; and surprisingly, higher than Los

Angeles County and slightly lower than Orange County.

• • Rancho Cucamonga’s median existing home price of $400,000 was more expensive than

Los Angeles County and less expensive than Orange County.

• • Homebuyer’s in Rancho Cucamonga are buying much larger homes than they could afford

in the coastal counties. Research shows that a 3,000 square foot house in Rancho

Cucamonga ($579,000) would cost less than the $692,000 to $888,000 for the same

home in Los Angeles, Orange, or San Diego counties.

If you would like more information about moving to Rancho Cucamonga or the surrounding cities click here: http://www.sabrinacole.com/