Rowland Heights House LP: $678,000

Bedrooms:	6
Baths:	2.00/
Built:	1965
Square Feet:	2,774
Lot Size:	7,245

Property Description:
Enter This 6 Bedroom Home On Its Tile Entryway. A Newly Remodeled Kitchen Has Granite Countertop, 2 Year New Stove And Dishwasher. New Double Pane Windows. Brand New Interior & Exterior Paint. Three Single Room And Two Bedrooms Downstairs. All The Bathrooms Have Granite Countertop, New Shower Door. Downstair Bathroom Has New Sink And Shower. Sparkling Pool In The Backyard. Auto Sprinkler System. Central Air Condition Except Two Bedrooms Downstair. 2 Car Garage.

About Real Estate Property Quick fixes to 4 common household problems

1. Clogged Drains
For sinks, use a hand snake first. Remove the stopper and force the snake down
into the drain as far as it will go. For tough clogs remove the trap below the sink or tub.

2. Dirty Heating/Cooling Filter
To replace the filter, find its location in either the air intake grill or in the heating/
cooling unit itself. Remove and replace it with a similar sized filter.

3. Uneven Flow from Faucet
An aerator is the small cylinder screwed on to the end of most faucet spouts and
often becomes clogged with small particles obstructing the flow of water. To
repair an aerator, unscrew it from the end of the spout, clean or replace it.

4. Cracked and Missing Caulking
To repair damaged caulking, prepare the surface so that it is free of dirt and any
old caulk. Then use a caulking gun to squeeze new caulk into the joint. Choose
the correct caulk for the application and wipe away any excess.

Rowland Heights Condo Lease: $1,300

Bedroom: 2
Bathroom: 1

Features:	AP,AE,CU,ST,BL
	Association Pool,Attic,Custom Window Covering,Storage Space,Window Blinds
LP Excl:
Description:	Best Price In The Community! Two Story Condo, Good Floor Plan. Pergo Wood Flooring In Living Room, Tile Flooring In Kitchen & Bathroom. Very Convenient Location, Close To Market, Shopping Center, Bus Station.

Rowland Heights House LP: $738,000

Property Description:

Bedrooms:	4
Baths:	3.50/
Built:	1986
Square Feet:	2,537
Lot Size:

Spacious 2-Story Family Home With Large Family And Living Room With A Wet Bar And Fireplace. 4 Bedrooms Upstairs And 3 1/2 Bath. Master Bedroom Includes Walk-In Closet. And Some Furniture If Wanted. Submit All Offers With Pre-Qualifying Letter

Rowland Heights House LP: $548,000

Property Description:

Super Sharp Nice House In The Best Area Of R.H. Totally Upgraded Throughout, Like A New House. Hard Wood Floor,Granite Counter Top, Brand New Kitchen Closet, New Paint, Receice Lights, New A/C, New Appliance, Three Car Garage With Nice Pool In The Back Yard. Quiet And Convenient Location With Walking Distance To The Best Elemental School In R.H., Close To R.H. High School, Facing North. Must See To Appreciate.

Rowland Heights House LP: $838,000

Bedrooms:	4
Baths:	2.50/
Built:	1988
Square Feet:	2,813
Lot Size:	15,855

Property Description:

Welcome To This Spectacular Home. A Beautiful Double Door Enters Into A Tile Entry. Laminated Floor In Formal Dining Room, Step Down Living Room & Large Family Room W/ Fire Place & French Door Opens To The Beautiful Backyard That Has A Gazebo W/ A Spa. Master Bedroom Has Vaulted Ceiling, Step Up Retreat, Tile Bathroom W/ Sky Lights, Window Shutter, His/Her Walk In Closet, Separate Roman Tub And Shower W/ Extra Long Double Sink. Inside Laundry Room, Direct Garage Access. Quiet Neighborhood, Beautiful View, Convenient And Desirable Location. Immaculate Condition. Turnkey! A Must See And Must Own! Comfort Living That You Will Enjoy.
Features:
Cathedral Ceilings,City Lights View,Direct Garage Access,Double Door Entry,Driveway,Freestanding,French Doors,Home Warranty Plan,Mountain View,No Common Walls,Skylights,Turnkey,Utility Room,Window Shutters

Rowland Heights House LP: $538,800

Bedrooms:	3
Total Baths:	2
Full Baths:	2
Built:	1974
Square Feet:	1,386
Lot Size:	6,650

Property Description:

Beautiful Home In One Of The Best Neighborhoods In Rowland Heights. Close To Million-Dollar-House Community. Award-Winning Elementry School And The Best High School In Rowland Heights Are Within Walking Distance. Master Suite. Spacious Dining Area Open To The Kitchen (Can Also Be Used As Family Room). 3 Car Garage With Cabinets And Lots Of Storage Space. Big Back Yard And Side Yard With Fruit Trees And Greens. Wooden Patio With Concrete Floor For Out Door Fun. Best Value In The Neighborhood.
Features:
Ceiling Fan,Curbs/Walks,Direct Garage Access,Driveway,Lot 6500-9999,Lot-Level/Flat,No Common Walls,Turnkey

Rowland Heights Real Estate

California Foreclosure Activity Continues to Rise

Lenders sent California homeowners the highest number of mortgage default notices in over a decade last quarter, the result of flat or falling prices, anemic sales and a market struggling with the excesses of the 2004-2005 home buying frenzy, a real estate information service reported.

Lenders filed 53,943 Notices of Default (NoDs) during the April-through-June period. That was up 15.4 percent from 46,760 for the previous quarter, and up 158.0 percent from 20,909 for second-quarter 2006, according to DataQuick Information Systems of La Jolla.

Last quarter's default level was the highest since 54,045 NoDs were recorded statewide in fourth-quarter 1996. Defaults peaked in first-quarter 1996 at 61,541. A low of 12,417 was reached in third-quarter 2004. An average of 34,172 NoDs have been filed quarterly since 1992, when DataQuick's NoD statistics begin.

"A lot of the loans that went bad last quarter were made at or just beyond the cycle's peak, between summer '05 and summer '06. Appreciation rates for most of that period were in the double digits and lenders let many households stretch their finances to the max, and beyond. It's that pool of 'beyond' mortgages that the market is working its way through," said Marshall Prentice, DataQuick's president.

Most of the loans that went into default last quarter were originated between July 2005 and August 2006. The median age was 16 months. Loan originations peaked in August 2005. The use of adjustable-rate mortgages for primary purchase home loans peaked at 77.8% in May 2005 and has since fallen.

Because a residence may be financed with multiple loans, last quarter's 53,943 default notices were recorded on 50,901 different residences, up 162.8 percent from 19,370 for second quarter 2006.

On primary mortgages statewide, homeowners were a median five months behind on their payments when the lender started the default process. The borrowers owed a median $11,126 on a median $342,000 mortgage.

On lines of credit, homeowners were a median eight months behind on their payments. Borrowers owed a median $3,457 on a median $67,121 credit line. However the amount of the credit line that was actually in use cannot be determined from public records.

DataQuick, a subsidiary of Vancouver-based MacDonald Dettwiler and Associates, monitors real estate activity nationwide and provides information to consumers, educational institutions, public agencies, lending institutions, title companies and industry analysts. DataQuick provides online access to property information, including default notices. Notices of Default are recorded at county recorders offices and mark the first step of the formal foreclosure process. Due to late data availability, statistics for Alameda County are extrapolated.

The default numbers reflect wide regional differences. The second-quarter numbers were a record in Riverside, Contra Costa, Sacramento and most Central Valley counties. In Los Angeles County it was still less than half the first-quarter 1996 peak, reflecting the depth of the recession in the mid-1990s, as well as the relative strength of today's housing market.

On a loan-by-loan basis, mortgages were least likely to go into default in Marin, San Francisco and San Mateo counties. The likelihood was highest in San Joaquin, Merced and Riverside counties.

The median price paid for a California home purchased between July 2005 and August 2006 was $460,000. Of those homes, the median price paid for those that went into default last quarter was $445,500, mostly because of low default rates at the high end.

Roughly half, 54.6 percent, of the homeowners in default emerge from the foreclosure process by bringing their payments current, refinancing, or selling the home and paying off what they owe. A year ago it was 88.0 percent. The increased portion of homes lost to foreclosure reflects the slow real estate market, as well as the number of homes bought during the height of the market with multiple-loan financing. In selling a home, all loans must be paid off, which is not the case in the formal foreclosure process, where second mortgages and lines of credit are most often written off.

Rowland Heights Real Estate

Increasing Seller's Property Value

Understand first of all that there IS a difference between price and value. Price is the amount you are asking for the property. Value is buyer perceived, and this perception of value is influenced by many factors such as location, features, condition, comparison to other purchase option, etc. By attending to details that can have a positive impact on the value, sellers can significantly increase their chance of attracting qualified buyers willing to pay the asking price.

Some tips to achieve a positive impact on value are:

• Perceived size impacts value, even more so than actual square footage. Open floor plans make a room feel bigger than larger spaces with smaller rooms. Showing property that is furniture free, or at reduced clutter, helps to make the space feel bigger.
• Vacancy increases sale-ability. Property is easier to show and easier to sell, and quicker to take possession of when it is vacant at the time it is offered for sale. Evidence of problems to take possession of the property -- such as encroachments, or tenants who wont allow buyer tours -- negatively impact value. Vacancy also helps the buyer walk through the property imagining ownership. Sellers should remove personal trinkets and family pictures as well as being conveniently absent during a buyer tour.
• Cosmetics are important.
  • Fresh paint will always add more value than it costs.
  • Clean or new carpet/flooring adds more value than it costs.
  • Landscaping adds more value than it costs. At the very minimum, make the entrance area neat.
  • If you can, add some colorful flowers and new sod.
• Take care of the obvious! The spot on the ceiling from the roof leak takes thousands of dollars from the perceived value and the offer price.
• Condition affects value. Do a seller's home inspection to identify and fix the problem BEFORE closing. No point holding up your check a few extra days; plus a failed buyer's inspection could cost you the sale. Buyers will often bargain down your asking price to accomodate for property condition and repairs.
• If you can, remodel/update the kitchen and master bathroom. These two areas have a big impact on home buying decisions.
• Strategic renovations impact value and your bottom line. Don't spend more money to renovate the place than you can recapture in value on the sales price.

Rowland Heights Real Estate

Real Estate Pricing Checklist

You are anxious to get that sign up, but hold on! Before you set the price on your house, take a look at what's going on. Not only your perspective of things, but from the current mood of the market. The market is not sympathetic to "you need" or "must have" pricing methods. The time spent here may save certain headaches and disappointment that lay ahead if utilizing these strategies in determining your home's current value. The home is worth what a buyer is willing to pay for it in an open market. So please take some time and review the following strategies.

What is your Mindset

A seller's biggest advantage is time, because the more time you have, the more you can prepare and do your homework. However, if you're in a rush to sell, you're at the mercy of the buyer; you won't have the luxury of preparing or waiting for an ideal one.

Do not disclose your timetable to anyone, except your agent. If you can't trust your agent don't do business with them. Your agent has a duty of confidentiality to you per your written contract and will only disclose information you as the seller give permission to disclose. A rushed seller means a bargain for the buyer and savvy buyers can smell panic a mile away. If you're planning on selling in the next 6 to 12 months, you have lots of time to prepare.

As odd as it sounds, sometimes people sabotage their own intentions by being too greedy. Don't do it! As you really start looking at homes on the market, you will develop a sense about what is priced low, high, or just right. Doing your homework here will help you truly understand home values and you will be able to set a reasonable price -- a price that buyers know is just right.

Tracking neighborhood values - You need to become somewhat of a snoop because you need to learn more about your neighborhood than you ever thought possible.

Rowland Heights Real Estate

We know what you are Looking For

You are looking for a bubble proof real estate market. You're sick of wondering and worrying about overvalued markets. You're looking for an undervalued market with potential hyper-growth indicators.

Real estate investing and emerging trends in real estate growth We think we've found the market you're looking for. Forbes, the Wall Street Journal, Smart Money Magazine, Money Magazine, Business 2.0, Fortune and literally dozens of other industry sources are unanimous that the market we've found is the rare convergence of undervalued prices, tightening vacancy trends, explosive growth of retirement and other populations, a strong, growing, and diverse economy, massive new infrastructure changes: in short, virtually all the indicators of an emerging hyper-growth area. What's more, we think we've found an incredible value for individual real estate investors who want to own in this unique area. Where is this market? And what are we suggesting you may want to own? Read on, and we'll share our research, including sources, and our conclusions with you. You can decide for yourself. So we agree. The first rule of real estate investing is to buy in an undervalued market. How do you find it? How do you find the next real estate growth area? How do you know if a hot market is protected from a bursting real estate bubble? Where is the next location where the next hyper grown real estate value may occur? What indicators make a city one of the top real estate investment markets?

Successful investors understand that real estate is a game of probabilities, not certainties, and that is why you need to look for probabilities converging before you buy in an area. Taking action as an investor is the most important step. It is also the most difficult. Knowing that all the stars are lining up makes it that much easier. If they are not, don't pull the trigger.What elements and probabilities do you look for? 1. You look for an area of strong demographic growth 2. You look for a strong, growing, and diverse economy 3. You look for an area of growing retirement population 4. You look for new and substantial infrastructure changes 5. You only move into undervalued markets 6. You always acquire a property with strong potential for appreciation 7. You look for tightening vacancy trends 8. You always provide the rental renters prefer

So,I would appreciate having the opportunity to discuss this property with you if you are still interested in selling your property, please call me so that we can arrange a meeting to see how you can achieve your dream of wealth.

Rowland Heights Real Estate

LP: $ 838,000

Status:	Active
Bedrooms:	4
Baths:	2.50/
Built:	1988
Square Feet:	2,813
Lot Size:	15,855

View: Y

Property Description:
Welcome To This Spectacular Home. A Beautiful Double Door Enters Into A Tile Entry. Laminated Floor In Formal Dining Room, Step Down Living Room & Large Family Room W/ Fire Place & French Door Opens To The Beautiful Backyard That Has A Gazebo W/ A Spa. Master Bedroom Has Vaulted Ceiling, Step Up Retreat, Tile Bathroom W/ Sky Lights, Window Shutter, His/Her Walk In Closet, Separate Roman Tub And Shower W/ Extra Long Double Sink. Inside Laundry Room, Direct Garage Access. Quiet Neighborhood, Beautiful View, Convenient And Desirable Location. Immaculate Condition. Turnkey! A Must See And Must Own! Comfort Living That You Will Enjoy.
Features:
Cathedral Ceilings,City Lights View,Direct Garage Access,Double Door Entry,Driveway,Freestanding,French Doors,Home Warranty Plan,Mountain View,No Common Walls,Skylights,Turnkey,Utility Room,Window Shutters.

Rowland Heights Real Estate

Buyers benefit most when staying in home long term

Given the recent negative press about the state of the residential real estate market, it's understandable that buyers would be reluctant to offer more than the asking price. Yet, some buyers are finding that a list-price offer is not enough. Multiple offers are making a comeback in some markets.

A couple from San Francisco, who had resolved to pay no more than the list price, is now resigned to do so for the right property. They were surprised to find that there were multiple buyers seriously interested in each of the first three listings they considered buying. The one they chose to offer on received three offers. The winning bid was for $10,000 more than they offered.

Exhausted and disappointed from the experience, the San Francisco couple realized that if they wanted to buy a good house in their first-choice neighborhood, they would have to be prepared to compete.

Some buyers in this situation would decide to wait to buy until there are more listings and fewer buyers. A downside of this approach is that waiting in a market that's short on inventory could mean paying a higher price later.

Although appreciation has been flat to negative in many areas of the country, there are pockets of the market -- like the starter-home markets in Oakland and Berkeley, Calif., and Brooklyn, N.Y. -- where there aren't enough homes for sale to satisfy the demand. This tends to put an upward pressure on prices.

HOUSE HUNTING TIP: Does it make sense to pay over the asking price in a market that could soften further? The answer depends on how much over asking you have to pay and how long you plan to own the property.

Some sellers are still pricing their homes low to stimulate buyer interest. In this case, paying over the asking price may not mean paying over market value. Check the sale price of the most recent comparable sales in the area to determine if paying over asking is too much. Your real estate agent can help you with this.

Even if a listing is fairly priced, paying more might make sense depending on your circumstances. If the house will serve your long-term needs and you're confident that you won't be moving for five or 10 years, paying an extra $10,000 is probably worth it. However, if your future is uncertain, it could be risky to pay more than the asking price.

A job transfer that forces you to sell in a soft market soon after buying, could leave you in a precarious position -- particularly if you financed the purchase with a mortgage for 100 percent of the price. Unless you have financial assistance from your employer, you might have to pull money out of savings to cover your selling costs. If the value of your home has declined you might not be able to sell for enough to pay back the mortgage.

Another factor to consider before offering more than the list price is whether the house will appraise for your offer price. Typically, a lender's mortgage commitment is conditioned on an appraisal of the property that substantiates that the buyer is not overpaying. Most lenders require that the appraisal report include three comparable listings from the neighborhood that sold within the past six months.

Due to the general slowdown in the housing market, some lenders are tightening up on their appraisal requirements. Recently, an appraiser who was appraising a property in Oakland's Upper Rockridge neighborhood was instructed by the lender to use comparable sales from the last three, not the last six, months.

THE CLOSING: To protect yourself, include an appraisal contingency in your purchase offer so that you won't risk losing your deposit should you back out of the contract because the property doesn't appraise for the purchase price.

How do you make the Real Estate loans process easier

Real Estate loans make the process of buying a new property more affordable than ever. As you may already know, these types of loans give you many opportunities that wouldn’t be possible without them. When you buy a house, you should understand as much as you can about the process, as well as the questions you will be answering. This way, you’ll be familiar with how things work and you’ll find the entire process to go much smoother.

When you look towards a house purchase loan, you’ll need to fully understand the interest rates. They are never the same and will vary among the different financial institutions, as well as from time to time. In many cases, home loans can change on a frequent basis, with little to no notice. When you buy a home, it is very important that you keep up with the economy. Any change in interest rates for a home loan can either increase or decrease the amount you pay back.

When getting a home loan, you’ll also need to understand the terms and the length of the loan. Almost all financial institutions and lenders have a variety of different plans or periods for you to choose from. If you choose a longer period, in most cases your interest rate will drop. You can find this out yourself by using a mortgage calculator. This way, you’ll know how much your mortgage payment will be before you decide to further pursue the loan.

As you probably already know, your ability to pay the loan back is very important. Some lenders require that you keep your loan full term, while others may provide you with the option to pay it off any time you wish. Home loans that give you the option to pay it off early will normally save you quite a bit of money in the end. If you are able to pay your loan off several years early, you’ll save a lot of money in the long run.

Even though the early payoff option is great to have, it can also come back to haunt you if you end up defaulting on the home loan. Or, if you decide to sell your house in the future, the early payoff can haunt you as well. For those very reasons you should always consult with a specialist before you commit to any type of home loan.

For the potential home buyer, home loans offer several different opportunities. Before you rush out and get a home loan, you should always know what you are agreeing to. You should also look into the company you are thinking of getting the loan from as well, so that you can better prepare yourself when you go through their process of getting your loan.

Rowland Heights Real Estate

HOW "AS IS" HOME BUYERS CAN PROTECT THEMSELVES.

Knowing the key reasons many home sellers elect to sell "as is," home buyers can benefit from such sales if they know how to protect themselves.

The best way for a buyer to protect against an unscrupulous seller who "forgot" to disclose a serious but known home defect is for the buyer to include a professional inspection contingency clause in the purchase offer.

Buyers of every house and condominium should include such an inspection clause making the purchase offer contingent on the buyer's approval of their professional home inspector's report. That means, after the home seller accepts the buyer's purchase offer, the buyer hires a professional inspector and then approves or disapproves their written report.

Home buyers should be wary of inspectors recommended by the real estate agent. Such an inspector might be known as "easy" and not a "deal killer." Ask such inspectors recommended by a realty agent about their experience, background and professional memberships.

An excellent credential is an experienced independent inspector who belongs to one of the professional home inspections organizations.