Mission Viejo REO Homes for Sale – Market Update

May 12, 2010

Check out these Mission Viejo REO homes for sale – three great options for Orange County home buyers looking for a great deal in today’s real estate market.  Whether you are a cash investor looking for a good property to flip, or an FHA 203K borrower – basically building the cost of the rehab into [...]

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Rancho Santa Margarita REO Homes for Sale – Market Update

May 10, 2010

Deals are still out there on REO homes for sale in Rancho Santa Margarita – but you have to look hard and act quickly!   There are only 3 REOs for sale in Rancho today – and one of those is really not in the city of Rancho Santa Margarita, it’s in the adjacent neighborhood Las [...]

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$30k Price Reduction on Foreclosure Home in Fullerton

May 7, 2010

This super-clean home on the Coyote Hills Golf Course in the gate-guarded Pinehurst Greens neighborhood has been on the market almost 4 weeks, and the bank says, “Sell it now!”
Previously offered at $679,900, the list price has now been reduced to $649,900.
Check out the Virtual Tour – three large bedrooms, three baths, a beautiful well-maintained [...]

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Orange County Home Sales Looking Up

April 30, 2010

The Orange County Register is reporting stats from DataQuick, and the news is encouraging.  Over the last three weeks, of the 83 zip codes in Orange County, 64 had gains in the median price and 54 had more sales than last year.  Overall, prices in the county were up more than 15% from the same [...]

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Bank Owned Home Mission Viejo Almost Ready for Buyers

April 19, 2010

Check out this amazing little house  in an incredible Mission Viejo neighborhood!

This is a 3 bedroom, 1-1/2 bath detached house with 1,234 square feet of living space.  The two-car garage is not attached, but has private access to the fully fenced back yard.
It’s not quite ready to be listed for sale yet, but now’s the [...]

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Amazing Fullerton REO Home for Sale – Still Available and Waiting for Offers

April 19, 2010

Bank Owned Golf Course Home in Fullerton – Banker Says “Make Me an Offer!”
As amazing as it sounds, this beautiful REO home for sale (now those are words you seldom see together!) in Fullerton on the Coyote Hills golf course is still available!

Three bedroom, three baths, over 2400 square feet of living space and an [...]

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Mission Viejo Home for Sale – Before and After

April 17, 2010

Mission Viejo Home for Sale – Now in Turn Key Condition
Mission Viejo home for sale in Sunrise Ridge – Check out these Before and After videos
Here’s the before video – gaping hole in ceiling in the dinning room, smaller hole in the ceiling in the family room, and torn up wall in the upstairs front [...]

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Orange County Home Prices Up 12% in March

April 13, 2010

Jon Lansner of the OC Register reports that the latest Dataquick homebuying report shows the median home price in March was $432,000, up 12% from a year ago.  The number of homes sold in Orange County also continues to rise, with the March sales of 2,652 homes 9% higher than in 2009.  That makes 20 [...]

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No More California Tax Liability for Short Sellers

April 8, 2010

The California Legislature just passed SB401, which will bring the State’s laws regarding tax liability for forgiven mortgage debt in line with Federal rules.  The Governor says he’ll sign the bill.  
Up to now, home owners in Orange County, and all of California, that completed a Short Sale of their home faced the prospect of [...]

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What a Multiple Counter Situation Means to an Orange County Home Buyer

March 29, 2010

You put an offer on a great home, and the response from the seller comes – a counter-offer, marked “MULTIPLE COUNTER OFFER”.  What does it mean?  What should you do?  Well, first of all, don’t panic!

What Does “Multiple Counters” Mean?
Often in today’s Orange County Real Estate market, homes in [...]

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