LOOK AT IT THIS WAY, WHEN IT COMES TO REAL ESTATE IN ORANGE COUNTY CALIFORNIA!

LOOK AT IT THIS WAY, WHEN IT COMES TO REAL ESTATE IN ORANGE COUNTY CALIFORNIA!

Most of us don't have the resources - or the guts - to own stocks in really large quantities.  That’s what makes your home such great "risk capital."  It's not the stock market, and you shouldn't look at buying a home as a way to get rich, but if the economy picks up, real estate values will eventually follow.  Building equity in your home is like linking your investment portfolio to the growth of the economy - without the sleepless nights.

Plus, it's like forced savings for you and your family.  Maybe you could rent a condo for $1,800 per month instead of buy one for $2,200, but would you really "save" that $400 a month for the future?  The part of your mortgage payment that goes toward principle is like paying yourself back in equity - instead of burning that money on rent. 

And the interest you're paying on your loan, along with your property taxes, is tax deductible and probably enough to allow you to itemize tons of other deductions from your income as well.  For many people, just these tax breaks alone make owning cost less than renting.

Usually, you can buy a much better home than you can rent, and with high inventories and low interest rates, now is the time to contact an agent and start saving for the future, today.

Ask about our programs:

 Low as 10% down! Owner will pre-pay your mortgae insurance! Save at least $100 per month!

Down payment assistance available up to $12,510 or 3% of loan amount in the form of a grant, does not have to be repaid.

 Larry Weichman is President and Broker of Costa Mesa-based real estate powerhouse Weichman Realtors,"the most trusted name in Costa Mesa Real Estate". Larry and his highly-trained team of professionals have proudly served Costa Mesa since 1976. For questions about an upcoming sale or purchase, call him directly at 714-241-4532 or email your questions to Larry@TeamWeichman.com. Be sure to visit Larry Weichman in Costa Mesa CA for the latest news and information on the Costa Mesa real estate market.  Lic #00573423 

 

      

(714) 241-4532

1525 Mesa Verde Drive East

Costa Mesa, CA   92626-5221

Posted via email from Larry Weichman's Blog (714) 241-4532

Tonight from 5:30 - 7:30 there is a Multi-Chamber Mixer at The Promenade & Gardens in Costa Mesa!

REMINDER

Tonight from 5:30 - 7:30 there is a

Multi-Chamber Mixer at

The Promenade & Gardens

1570 Scenic Avenue, Costa Mesa

(Turn west off Harbor Blvd. on to Scenic Ave., entrance is on right)

Members = $10.00    Non Members = $20.00

No reservation necessary, please pay at the door

Several great raffle prizes will be available

Raffle tickets for sale at your check in table

6 tickets for just $5.00!

please note the location is at the former OC Food & Wine Center/

Robert Mondavi Event Center Site

Ask about our programs:

 Low as 10% down! Owner will pre-pay your mortgae insurance! Save at least $100 per month!

Down payment assistance available up to $12,510 or 3% of loan amount in the form of a grant, does not have to be repaid.

 Larry Weichman is President and Broker of Costa Mesa-based real estate powerhouse Weichman Realtors,"the most trusted name in Costa Mesa Real Estate". Larry and his highly-trained team of professionals have proudly served Costa Mesa since 1976. For questions about an upcoming sale or purchase, call him directly at 714-241-4532 or email your questions to Larry@TeamWeichman.com. Be sure to visit Larry Weichman in Costa Mesa CA for the latest news and information on the Costa Mesa real estate market.  Lic #00573423 

 

      

(714) 241-4532

1525 Mesa Verde Drive East

Costa Mesa, CA   92626-5221

Posted via email from Larry Weichman's Blog (714) 241-4532

Avoid Foreclosure in Orange County Real Estate

When you are buying or selling property in today’s real estate market, it’s important to have confidence in your real estate professional. My commitment as your local REALTOR® is to provide you with the specialized real estate service you deserve.

In this business the person with the most accurate and timely information usually wins. I truly believe that understanding all of your options is the #1 key to making the best decisions for you and your family. That’s why my goal is to keep you informed on trends in the marketplace using the latest local and national statistics.

As an area expert with extensive knowledge of our local housing market and neighborhood communities, my objective is to work diligently to assist you in meeting your real estate goals.

I hope that you are able to find the answers you’ve been looking for here. I’ve provided this information so that you can make the best decision for yourself. If you owe more on your home or investment property than it is worth, I’m confident I can help you to better understand all your options.

Call for a free, no pressure, zero-obligation over the phone consultation and I’ll do my best to help you understand all of your options and how best to move forward.

Larry Weichman
Weichman Realtors, Lic #00573423
Larry@OrangeCountyHomeAssist.com
(888) 476-5169

 

(714) 241-4532

1525 Mesa Verde Drive East

Costa Mesa, CA   92626-5221

Orange County California Real Estate Update.....What's A Short Sale?

What's A Short Sale?

A short sale occurs when the lender agrees to take less than the full amount required to pay off existing loans in full because the outstanding loan balance is greater than the proceeds realized from the sale of the property.

This sounds simple enough and is the definition most agents will give you. The problem is in the details. The terms of the approval are almost always dictated by the lender. Most sellers and many agents assume any approval is a "good approval", which is often not the case.

If you're considering a real estate short sale there are things you need to know before speaking to your lender. Consulting with a M.A.R.S. compliant, licensed professional versed in short sales and the foreclosure process is a must.

 

 

When you are buying or selling property in today's real estate market, it's important to have confidence in your real estate professional. My commitment as your local REALTOR® is to provide you with the specialized real estate service you deserve.

In this business the person with the most accurate and timely information usually wins. I truly believe that understanding all of your options is the #1 key to making the best decisions for you and your family. That's why my goal is to keep you informed on trends in the marketplace using the latest local and national statistics.

As an area expert with extensive knowledge of our local housing market and neighborhood communities, my objective is to work diligently to assist you in meeting your real estate goals.

I hope that you are able to find the answers you've been looking for here. I've provided this information so that you can make the best decision for yourself. If you owe more on your home or investment property than it is worth, I'm confident I can help you to better understand all your options.

Call for a free, no pressure, zero-obligation over the phone consultation and I'll do my best to help you understand all of your options and how best to move forward.

Larry Weichman
Weichman Realtors, Lic #00573423
Larry@OrangeCountyHomeAssist.com
(888) 476-5169

 

 

      

(714) 241-4532

1525 Mesa Verde Drive East

Costa Mesa, CA   92626-5221

 

THE NUMBERS TELL A STORY FOR HOMEOWNERS IN ORANGE COUNTY CALIFORNIA REAL ESTATE!

 

THE NUMBERS TELL A STORY FOR HOMEOWNERS IN ORANGE COUNTY CALIFORNIA REAL ESTATE!

 

Real estate transactions are increasingly complex these days, especially in relation to short sales and constantly changing mortgage lending rules.  Setting a fair price today is also particularly challenging, as markets correct themselves amid fluctuating factors.

 

So it's no surprise that fewer sellers are choosing the For Sale By Owner (FSBO) route.  But the numbers started dwindling two decades ago, even before the wave of defaults and falling values.  In 1991, one in five sellers were By Owner, but in 2010, only one in ten did not enlist a real estate agent to sell their home.

 

It's revealing that in 2010, 50% of FSBO transactions involved sellers who knew their buyers upfront.  Unless a seller already has a buyer lined up, it's evidently much less likely they would attempt such a complex process on their own.

 

Then there's the question of sales prices.  On average, a home marketed and sold through the representation of a real estate professional fetched $199,300 versus just $140,000 for a FSBO sale.  Those who try to sell By Owner won't pocket that 5%-6% commission they think they'll save, especially considering all the hard work and potential liabilities.

 

And when it comes to offers, buyers of FSBO listings are also eyeing that same percentage, and in today's market, buyers usually win with a price reduction far greater than the cost of representation.

 

Ask about our programs:

 Low as 10% down! Owner will pre-pay your mortgae insurance! Save at least $100 per month!

Down payment assistance available up to $12,510 or 3% of loan amount in the form of a grant, does not have to be repaid.

 Larry Weichman is President and Broker of Costa Mesa-based real estate powerhouse Weichman Realtors,"the most trusted name in Costa Mesa Real Estate". Larry and his highly-trained team of professionals have proudly served Costa Mesa since 1976. For questions about an upcoming sale or purchase, call him directly at 714-241-4532 or email your questions to Larry@TeamWeichman.com. Be sure to visit Larry Weichman in Costa Mesa CA for the latest news and information on the Costa Mesa real estate market.  Lic #00573423 

 

      

(714) 241-4532

1525 Mesa Verde Drive East

Costa Mesa, CA   92626-5221

 

 

Posted via email from Larry Weichman's Blog (714) 241-4532

Foreclosure activity slows in April in California, Orange County and Costa Mesa!

Foreclosure activity slows in April in California

Foreclosure filings in California fell to lows not seen since the fall of 2008. Notice of Default filings dropped 25.8 percent, and Notice of Trustee Sale filings fell 10.9 percent from March. On a year-over-year basis foreclosure filings were down as well, with Notice of Default filings down 28.0 percent and Notice of Trustee Sale filings falling 31.2 percent from April 2010. Foreclosure sale cancellations rose 27.0 percent from March. Acivity on the courthouse steps slowed from the prior month, with 17.2 percent fewer sales Back to Bank and a 15.8 percent drop in properties purchased by 3rd Parties, typically investors. The average Time to Foreclose continued to climb, increasing 3.3 percent to 312 days.

Here is the link for the City of Costa Mesa: http://www.foreclosureradar.com/california/orange-county/costa-mesa-foreclosures

Link for other cities in Orange County: http://www.foreclosureradar.com/california/orange-county-foreclosures

Ask about our programs:

 Low as 10% down! Owner will pre-pay your mortgae insurance! Save at least $100 per month!

Down payment assistance available up to $12,510 or 3% of loan amount in the form of a grant, does not have to be repaid.

 Larry Weichman is President and Broker of Costa Mesa-based real estate powerhouse Weichman Realtors,"the most trusted name in Costa Mesa Real Estate". Larry and his highly-trained team of professionals have proudly served Costa Mesa since 1976. For questions about an upcoming sale or purchase, call him directly at 714-241-4532 or email your questions to Larry@TeamWeichman.com. Be sure to visit Larry Weichman in Costa Mesa CA for the latest news and information on the Costa Mesa real estate market.  Lic #00573423 

 

      

(714) 241-4532

1525 Mesa Verde Drive East

Costa Mesa, CA   92626-5221

Posted via email from Larry Weichman's Blog (714) 241-4532

Mesa North Garage Sale Sat. May 7, 2011

Mesa North Garage Sale Sat. May 7, 2011

Stop by Sat the 7th to Mesa North for the Huge Garage Sale! 8 AM to Noon!  North of Baker, East of Fairview and South of 405 Freeway.  For details call 714-241-452

 

 

Ask about our programs:

 Low as 10% down! Owner will pre-pay your mortgae insurance! Save at least $100 per month!

Down payment assistance available up to $12,510 or 3% of loan amount in the form of a grant, does not have to be repaid.

 Larry Weichman is President and Broker of Costa Mesa-based real estate powerhouse Weichman Realtors,"the most trusted name in Costa Mesa Real Estate". Larry and his highly-trained team of professionals have proudly served Costa Mesa since 1976. For questions about an upcoming sale or purchase, call him directly at 714-241-4532 or email your questions to Larry@TeamWeichman.com. Be sure to visit Larry Weichman in Costa Mesa CA for the latest news and information on the Costa Mesa real estate market.  Lic #00573423 

 

      

(714) 241-4532

1525 Mesa Verde Drive East

Costa Mesa, CA   92626-5221

Posted via email from Larry Weichman's Blog (714) 241-4532