Archive for March, 2012

Selling a Home in Mission Viejo – 3 Tips Every OC Homeowner Should Know

Posted on March 30, 2012. Filed under: First Time Buyer help | Tags: , , , |

ImageHi everyone!

We’re seeing a little ‘spring’ in Mission Viejo residents’ steps when it comes to selling a home!  This is great news for the Orange County real estate market, and we thought it would be a good time to give homeowners a few tips on how to sell a home with ease.

Selling a Home – Tips For Survival

  1. Market on the Internet.  According to NAR, 89% of homebuyers start online with a home search.  Your home MUST be on Zillow, Trulia, Realtor.com, Redfin and other national homesearch websites.  In addition, your property should have its ‘own’ .com, at least 10 GOOD photos, and a virtual tour.  Remember, the internet never sleeps, and it’s your best referral partner if you let it be 🙂
  2. Make your home easy to show.  Do NOT, I repeat.. DO NOT, make it difficult to show your property.  24 and 48 hour advance appointments significantly decrease the amount of buyers who will walk through your property, and that will affect your bottom line!  Yes, its a pain to have people walking through your home, but keep your eye on the end goal.  You want to sell for the highest return, right?  A ‘call first – go direct’ status in the Multiple Listing Service will allow you to get the ‘heads up’ you’re getting a visitor soon, but also allow agents and buyers to quickly and easily access your property. 
  3. Don’t be discouraged by under-asking offers.  Its a buyer’s market right now.  Buyers want a good deal.  If your property is priced higher than the last property that sold in your neighborhood, expect an offer to come in at the price of the most recent sale, or even below.  This isn’t a reason to get offended, its an opportunity to bring a deal together!!  If you did your homework and selected a good Realtor who knows the neighborhood and how to negotiate, you’re on your way to opening escrow.  Losing your patience or being closed minded will only cost you in the end.  Work WITH your agent and your buyer to get the property under contract, and life will be so much less stressful 😉 

If you remember these tips when you go to sell your home in Mission Viejo or anywhere here in OC, you’ll have a much better experience.  The Weeks Team is well versed in Short Sales and Equity sales, call 877-230-3211 today to set an appointment for your market analysis.  (And NO, Zillow doesn’t have all the right answers.  Don’t gamble with the biggest investment you have!  Its a great reference site but nothing compared to a professional Realtor who has served the city of Mission Viejo for years)

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Orange County Foreclosures – Foreclosure Radar speaks

Posted on March 21, 2012. Filed under: First Time Buyer help | Tags: , |

ImageHi everyone,

Orange County Association of Realtors had a PACKED house today to listen to Sean O’Toole, founder of Foreclosure Radar (www.ForeclosureRadar.com) speak on the state of the OC foreclosure market.

Currently there are over 2 million homeowners in CA who are under water, and there appears to be about 41 months left of foreclosure inventory that needs to be liquidated.  Lots of buyer and investor opportunity there!!!

Are Orange County Foreclosures Going Up, or Down?

As of Sept 2008 and the announcement of the HARP program, the foreclosure activity is SIGNIFICANTLY DOWN, and continues to decline.  This is great news for the homeowners struggling to modify or refi underwater loans.  The banks are really starting to work with borrowers to create a solution other than foreclosure, but of course there are still plenty of properties that still need to go that route.

Are you interested in finding foreclosure stats for your city?

Here’s a great link of Orange County foreclosure zip codes and foreclosure activity.

Where are OC foreclosures headed now?

Well, the government does continue to help us ‘extend and pretend’ as Sean says.  He’s projecting at least 4 more years of foreclosures, BUT, there will be NO WAVE of foreclosures the way many murmur about.  The banks are just not solvent enough to flood the market with foreclosure listings like everyone wants or expects them to.  The REO market continues to slow, and Foreclosure Radar experts expect it to continue to decline.  They are expecting loan mods and short sales to increase.

What does foreclosure spiral look like from an emotional standpoint?

Denial
Anger
Depression
Bargaining
Acceptance

The entire process is completely draining to the homeowner, and Sean actually put it in a new light as a ‘blessing’ to some.  It’s better than having a huge burdensome payment for the rest of your life… or even worse.. having your children be forced to take on your bad debt like other countries.  When you look at it like that, he’s right.  BUT, we still think its much better to short sale or modify, which is why we created our Ten Dimensions team to help homeowners who are fighting foreclosure.

Why don’t people talk to their Realtor when they’re in the foreclosure process? 

Many feel shame, and Sean said its so hard for him to hear people reach out to HIM, but not to their real estate agent.  Believe me, your agent probably had to fight foreclosure before you did.  TALK TO THEM, the sooner you ask about options the more you have!!!!!  If you need someone to trust, you can trust The Weeks Team and the Ten Dimensions Team.

Call 877-230-3211 or email angie@askangie.com to schedule a foreclosure consultation appointment. 

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Adult 55+ Communities – New Horizon’s Property in Torrance

Posted on March 5, 2012. Filed under: Making Life Easier, Senior Communities | Tags: , |

Know any seniors in Los Angeles who are looking to find good adult 55+ communities? Today we’re featuring our listing on 22919 Nadine Circle B in New Horizon‘s – its conveniently located right off Sepulveda and Maple in the city of Torrance.  New Horizon was built in 1963, and the community is perfect for the senior lifestyle!

New Horizon’s 55+ Community

Residents of New Horizons are friendly and upbeat seniors – just take a stroll around the grounds and see lots of smiling faces and inviting landscapes!  Neighbors take such pride in their homes – carefully upgrading the landscaping and patios outside of their condos with cheerful flowers and plants.

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If you didn’t see enough green on the grounds, you’ll surely find plenty on the 3 par golf course ajoining the neighborhood.  Residents can relax by golfing right there in the community.  The course is challenging but fun, and the best part is its barely ever crowded.

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Homeowners in New Horizon’s also get to enjoy a lovely clubhouse with lots of amenities.  Join the other residents for a game of cards, checkers, or a dip in the pool.  There is also a ballroom and billiard room – plenty of activities to keep busy!

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If you’re interested in the lifestyle New Horizon’s adult 55+ community offers, or our listing at 22919 Nadine Circle B – just give us a call – 877-230-3211.  We’d be happy to take you on a tour of all the active listings and amenities!

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    Orange County, CA Real Estate for hip first-time buyers and investors. Plus, fun things to know and do in OC.

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