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Monthly Archives: April 2012

Temecula Short Sale – Investor Special – Pool Home

Temecula Short Sale – Investor Alert – Pool Home under $180,000

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Temecula Short Sale – Pool Home


Overview
Maps
Photos
Description
Neighborhood
Market Stats

$174,663
Single Family Home
Main Features
3 Bedrooms
2 Bathrooms
1 Partial Bathroom
Interior: 1,480 sqft
Lot: 5,000 sqft
Location
33023 Romero Dr.
Temecula, CA 92592
USA
To get updates on open home dates and other property events, please click the “Like” button below:


Sidney M Kutchuk

Sidney M Kutchuk

Realty Works Temecula
(951) 676-4663
Expert@aShortSale.com
http://www.aShortSale.com

       

Listed by: Realty Works Temecula

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Not a Temecula Short Sale

This home is not a Temecula Short Sale.

Murrieta Homes for Sale

Wrangler Dr. Murrieta Ca. $294,900

Its former owner lost it to foreclosure and now I have it listed for sale.

If  you are in the market for a large Murrieta home,approx 3,700 SqFt or have questions on the short sale process,visit me at this home on Saturday.
I will be holding this Murrieta standard sale home open from 11:00 till 2:00

 

 


Not a Short Sale – Buy now!


Overview
Maps
Photos

Video

Market Stats

$294,900
Single Family Home
Main Features
4 Bedrooms
3 Bathrooms
Interior: 3,675 sqft
Lot: 7,000 sqft
Location
29360 Wrangler Dr.
Murrieta, CA 92563
USA
To get updates on open home dates and other property events, please click the “Like” button below:


Sidney M Kutchuk

Sidney M Kutchuk

Realty Works Temecula
(951) 676-4663
Expert@aShortSale.com
http://www.aShortSale.com

       

Listed by: Realty Works Temecula

Our recent listings

Subscribe to our listing feed

Nearby properties for sale

Powered By RealBird.com

 

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Is it a Sellers Market?

It’s safe to sell your home again

Temecula Housing

Buyers Market?


While analysts debate when the housing market will hit bottom, for a surprising number of cities the turnaround has already begun.  In December, prices rose in 109 of the 384 metro areas tracked by data firm CoreLogic.

Making sense of the story

  • There are certain signs to help determine if a particular neighborhood is on the verge of a rebound.  For instance is local employment on the upswing?  That’s a critical factor for a region to get itself on the path to recovery.  Improving jobs picture has led to shrinking housing stock across the country, as investors and bargain hunters have started buying up foreclosures that have been preventing a recovery.
  • For years, buyers were scared of overpaying for a home, but less so now.  Many buyers have grown accustomed to thinking they’ll score deals, so they tend to act slowly, and typically start bidding around 10 percent to 15 percent below list price.  However, a growing number of buyers are beginning to realize that if they wait too long in this market, they may miss out.
  • Sellers can hold firm on price if they’re patient.  The days of having to deal with low-ball offers are coming to an end.  The higher the price, the more patient the seller must be.  Cheaper homes are affordable to more buyers and appealing to investors, so recoveries usually start there.
  • Sellers should keep in mind that while they don’t have to placate low-ball offers anymore, they also can’t shoot for the moon either.  Working with a REALTOR® and setting a realistic price from the get-go is key.
  • Sellers should know what they’re competing against.  Homeowners should let their home’s value dictate the price.  While this may seem self-evident, some owners may have lost sight of it during the bust.  On the one hand, some sellers clung to the false hope of a return to boom prices, so they set prices unrealistically high.  Others may have gone too far the other way, and set their price too low.
  • It’s also important that sellers understand they’re no longer competing with gutted foreclosures.  Buyers are tired of looking at worn-down, neglected, distressed properties and often don’t have much extra money to do a lot of fixing up.  REALTORS® often report their clients are willing to pay a little more for a home that’s ready to move into.
  • Source – California Association of Realtors

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Yes you can Short Sale your Temecula CA Home.

Yes you can Short Sale your Temecula CA Home.

 

Thinking about selling your Temecula home? Wondering if you qualify for a short sale?
Yes you can and yes you do. Now is the time to short sale your home if… you can no longer
make sense of continuing to hold it. Not all short sales are started with seller’s in distress.  

 

Before the real estate bubble burst, many of us looked to buy a home for investment or retirement. Well it did not work out for many of us and now that home is a non-performing asset. Banks know this term well and when they have a non-performing asset they dump it. You can do the same. You need to look out for yourself and your family first. Now is the time to use the option of a Strategic Short Sale. Your lender is open, as never before to work with you, but only if you take the lead. Now is the right time for you to start a short sale. Shed that non-performing asset. Strategically short sale your Temecula or Murrieta CA property. Let me show you how to get started now.  951-215-6745

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Temecula Short Sales and Bank owned homes under $200,000

Want to see the active homes on the market here in Temecula CA that are priced under $200,000.00

Search Temecula Homes for Sale

Temecula Homes for sale under $200,000

Below is a link to them. You will find that the Real Estate Market currently in Temecula is tight. Inventory is low
and there are many buyers chasing this inventory. I see the market changing to a seller’s market. We still are seeing
most of the available inventory is make up of  Short Sales followed by bank owned and flip sales.

Temecula Homes under $200,000 

By Sidney Kutchuk your Temecula Short Sale Agent..

Temecula real estate can be searched on the MLS, Self Serve.

Temecula home in Harveston

Home for sale in Harveston Lake - Temecula CA

Temecula real estate agents use a tool called the  Multiple Listing Service “MLS”  to search the  Temecula CA market for homes that are on the market for their clients (buyers).
I have found that most buyer’s like to start the searching process on their own first. If you would like to search for  Temecula homes on you own I have provided a link here to a Temecula  search  box that allows you to do just that. Help yourself and when you find a Temecula property of interest to you call me. I can then get you more details on the property you select. I have a key to all the homes and will set you up with one of our great buyer’s agents.

The buyer’s agents at Realty Works Temecula are the best agents in town and there is never a fee for their service to help you.

More than 50% of the homes for sale currently here in Temecula will be short sales followed by repo’s and a few standard sales. We know our market, let us show you around the town

Realty Works Temecula – 41720 Winchester Rd #I ,Temecula CA 92590   951-676-4663

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Fannie, Freddie to streamline short sales.

Fannie, Freddie to streamline short sales*

Late yesterday, the Federal Housing Finance Agency (FHFA) announced it has directed Fannie Mae and Freddie Mac to develop enhanced and aligned strategies for facilitating short sales, deeds-in-lieu, and deeds-for-lease in order to help more homeowners avoid foreclosure. The effort will come in stages with the first taking place this June. The new, aligned timelines include the requirement that mortgage servicers review and respond to requests for short sales within 30 calendar days from receipt of a short sale offer.

 

Take advantage of my 17 years of doing short sales here in Temecula Ca. Ask me about the incentives offered by many lenders to help you with relocation costs.
Call Sidney Kutchuk 951-215-6745 or click Temecula Short Sale Agent
* Data pulled from C.A.R.

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Not Sure if You Qualify For a Short Sale? – Good chance you do.

Not Sure if You Qualify For a Short Sale?

  • Owe more than your house is worth?
  • Been denied a loan modification.
  • Having difficulty making your mortgage payments?
  • Do you want to postpone foreclosure and avoid deficiency judgments?
  • Do you want to dispose of your debt and avoid future collections?
  • Are your mortgage adjustments skyrocketing?
  • Want to sell your house but there is not enough equity?
  • Do you want a fresh start? A need to find a rental home?

Regardless of your circumstances,  Realty Works Temecula  has a powerful short sale solution available for you. With over 17 years of  local real estate experience here in Temecula CA area, I have focused on the short sale process. Working as the broker at Realty Works I have developed a far-reaching network of contacts that results in you getting whats needed, a approved Short Sale. The strength of our experience, knowledge and relationships is invaluable. We help Temecula CA property owners avoid the lengthy and costly process of foreclosure and the stressful act of eviction that follows. Their are NO out of pocket costs to you to have the best Temecula Short Sale agent on your side.

Call me at 951-215-6745 this is my direct number. Ask me about the short sale process..

Temecula Short Sale Agent battles buyers!

Temecula Short Sale Agent battles buyers! 

Short Sale Specialist during battle

Here I am again today at battle with a local buyers agent. His buyer has written a offer on one of my Temecula Short Sale listings. At issue is the buyers good faith deposit also known as the initial deposit. This buyer does not want to put his initial deposit into an escrow account.

As a seasoned Temecula Short Sale agent I have come to learn that buyers with no skin in the game (initial deposit) tend to walk away from a short sale transaction at a much great rate than those who will open escrow with their initial deposit.

During the battle I offer a white flag in the form of a counter offer. In this counter I spell out that the buyer and seller agree to release the deposit from the escrow should the short sale not be approved. Now the buyer is disarmed, if he does not sign this counter he is not a real buyer and shows his true colors! Another victory for this Temecula short sale agent and his client. —– Just in,the buyers agent understands and get the counter signed.Temecula short sale agent done deal This Sale has closed. Another homeowner saved from foreclosure. By thebest Temecula Short Sale Agent.

This is a ongoing issue that comes up between short sale buyers and sellers. I understand that short sale are not short and can take 60 to 100 days to complete. As the short sale listing agent I put in major hours of work to get a Temecula short sale approval and need to know that the buyers are serious and will allow me the time needed to get through the short sale process. Battles are not always required as many buyers agents now know the drill and understand this is just good business. Contact the Broker at Realty Works Temecula Sidney Kutchuk he is ready to go to battle for you.  951-215-6745

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Greed at Real Time Resolutions, Inc. is bad business.

Greed at Real Time Resolutions, Inc. is bad business.

I have a  HAFA short sale approval from CHASE  for my sellers through a special program from the VP at CHASE.
This program offers the homeowner $30,000 to make a fresh start. Sounds to good to be true, but it is true. Here is the letter.

Real Time Resolutions has also been  offered an incentive of $6,000.00 to release their lien on this home.
You would think that this is a sweat deal and all parties would look forward to closing this transaction and move on.

Well the Short Sale Analyst at Real Time Resolutions wants the sellers to give up their CHASE  incentive and pass it on to them.
They will not approve the short sale with the incentive going to the seller. I have pointed out to Real Time Resolutions that this is a HAFA approved short sale and they are being offer the maximum allowed. Also in California the seller is not allowed to contribute any funds to the lender in a short sale ( SB458 ).

They countered with and email that they would be forced to close this file or they would now settle for half of the buyers incentive.
I again had to point out that the seller can not offer them any funds, it the law. They responded that it  is bad business to offer the seller an incentive yet I think its bad business to force a foreclosure were their investor would net a minus $0  instead of the $6,000.00 incentive offered them.

I was told by Real Time Resolution that it did not matter to who I escalated this file to at RTR and that I would receive the same answer.

I think the  greed at Real Time Resolutions is bad business, why would they want a home to go to foreclosure and not agree to the terms offered by the US Treasury HAFA program.

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