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May 2010

There are 7 blog entries for May 2010.

Mission Viejo REO Home for Sale - California Colony Beauty!

Monday, May 24th, 2010 at 1:23pm. 348 Views, 0 Comments.

Now's your chance to scoop up this Mission Viejo Bank Owned single family home in the picture perfect California Colony neighborhood.  Close to fabulous Lake Mission Viejo, Henry's Market, Claim Jumper restaurant, and all kinds of other stores, restaurants, churches, schools, sports fields and everything else that Mission Viejo has to offer!  Click the video to take a private tour!

Three bedrooms, two baths, two story, two car garage on a quiet interior street!  Low low HOA dues and no Mello Roos.  Neighbors report that the downstairs bathroom can be expanded into the adjacent closet for added convenience.  Rarely do you find an REO for sale in Orange County CA in such good condition.  New carpet.  Fresh paint.  Washer and Dryer included! 

Give me a…


Hot Tip For Home Sellers - Take Care of Your House's Ragged Edges!

Wednesday, May 19th, 2010 at 8:45pm. 442 Views, 2 Comments.

Take a look at this short video that focuses on a minor detail that, it overlooked, can torpedo your chances of selling your home for top dollar and in the fastest time possible.

 

Buyers will look for ANY opportunity to find fault with your home and deduct huge dollars for it from their offer.  Peeling wall paper, as innocent and unimportant it may be to you, is a BIG DEAL to buyers.  When one of my buyer clients saw this peeling wall paper, she immediately (yes, IMMEDIATELY) said "Oh, these people are hiding something." Don't give buyers looking at your home any possible reason to doubt the quality or value of your house.  Fix the wall paper.  Glue it down. Rip it out.  Paint over it. Whatever it takes to remove it as a noticable flaw in your house…


When Changing the Paint and Carpet Will Help Get Your Home Sold - What Agents Fear Telling You

Monday, May 17th, 2010 at 9:23pm. 492 Views, 1 Comments.

What color is your house?  Will the colors on the inside, and the outside, of your house be a factor in getting your home sold?   One word - ABSOLUTELY!  If you have very unique, bold paint colors, carpet, wall paper, and if the colors change from room to room, you may want to consider re-painting and re-flooring your home in more nuetral tones.  Why, you ask? 

  • To stop buyers from deducting the cost of re-painting or re-flooring from their offer - you'd be amazed at the outrageous halucinations buyers have about how much paint and carpet cost!
  • To eliminate any reason why someone couldn't move into your home right away
  • To make your home attractive to as many buyers as possible
  • To be competitive with other similar homes

Check out these before and…


Rancho Santa Margarita Homes for Sale - Market Update April 2010

Monday, May 10th, 2010 at 7:37pm. 294 Views, 0 Comments.

Currently, there are three real estate markets in Rancho Santa Margarita - homes for sale under $350,000, homes priced between $350,000 and $600,000 and homes in the over $600,000 range. Take a look at the chart below and see what you think about each one of the three groups of homes. 

Range 

Active 

 In Escrow

 Sold In April 2010

 < $350K  62 (38 SS)  136 (99 SS)  43 (21 SS)
 $350 - $600K  66 (36 SS)  94   (61 SS)  23 (3 SS)
 > $600K  17 (3 SS)  10    (4 SS)  10 (5 SS)
 Total  145 (77 SS)  240 (164 SS)  76 (29)

As you can see, the active listings are pretty evenly split between the low and middle range prices.  Then the market shrinks above $600,000.   Under $350,000 is certainly the fastest moving market - way more sales…


REO Home for Sale in Coto de Caza

Friday, May 7th, 2010 at 7:21pm. 307 Views, 0 Comments.

Check out this Coto de Caza REO home for sale in the South Bend Glenmere neighborhood.  This home has great potential - 5 bedrooms, 5 baths, pool, outdoor kitchen (no appliances, but the hardscape, gas, and electrical are all done!) with almost 4000 sq ft of living space.  One bedroom and full bath downstairs, four bedrooms upstairs.  Great for entertaining - and a great deal at the listed price of $1,025,000.00.  It is a little rough around the edges - featuring bold paint colors, some holes in the walls, missing peices of ceiling fans, missing trim, many missing light bulbs and inconsist flooring (laminate in the formal living room - seriously.)  But built by Standard Pacific in 1999, this home has fabulous bones and could be turned back into a…


Coto de Caza Real Estate - April 2010 Update

Friday, May 7th, 2010 at 10:32am. 311 Views, 1 Comments.

April activity in Coto de Caza homes for sale in the three market segments was fairly consistent with March activity

 - homes under $1M are selling pretty well, and surprisingly, amlost the exact same number of homes sold (opened escrow - not yet closed) in the $1M - $2M price range as in Coto de Caza homes priced under $1M as you can see in the chart below. Four new opened escrows and no closed sales in the over $2M range - and 5 brand new homes in this high-end came on the market in April.  There were 12 closed sales in the under $1M segment and 4 closed in the $1M - $2M range.

As for distressed homes for sale in guard-gated Coto de Caza - 14 of the active listings under $1M are Short Sales, 6 of the $1M - $2M homes currently for sale in Coto are…


The Real Trails of Coto de Caza - Trail Ride Tuesday

Tuesday, May 4th, 2010 at 9:38pm. 500 Views, 0 Comments.

Nothing Like Hopping on a Great Horse and Hacking Around Coto de Caza

Behind the gates of Coto de Caza lies direct access to an amazing trail system for horses, hikers, and mountain bikers.  On this sunny spring day some of the girls got out for a little trail ride - beginning at Elizabeth's house in Los Ranchos Estates and taking us through the back of the Coto Equestrian Center, across Coto Drive - (big thanks to all of you who stop for horses to pass - you are awesome!) past the Coto Sports Park, up the trail head into the native coastal sage scrub, then down the trail into the custom estates in The Woods, through the Oak Trees, then back up the unspoiled hills.  Today we saw a Roadrunner (no Axel Dynamite in hand, thankfully) and a huge Red Tailed…