Showing posts with label Murrieta. Show all posts
Showing posts with label Murrieta. Show all posts

Tuesday, August 12, 2008

New Repo Lists

Corona
Lake Elsinore
Murrieta
Temecula
Perris
Moreno Valley
Riverside

I will be publishing a report that I did on the city of Corona for the month of July...check back on Thursday for all of the findings.

Thursday, June 19, 2008

Foreclosure List pt. 2

I don't know how the rest of the summer is going to go...BUT, in the main 6 cities that I work in...there are 260 new foreclosed homes in the last week.

Corona (49)
Lake Elsinore (31)
Murrieta (40)
Temecula (24)
Perris (35)
Moreno Valley (81)


Check back every week...as these lists obviously are changing quite rapidly!!!

Wednesday, June 11, 2008

Foreclosure Lists

Here are the first lists. These are the homes that are listed as bank owned in the MLS.

Corona
LakeElsinore
Murrieta
Temecula
Perris
Moreno Valley

I will update these lists every week. The subsequent lists will be much shorter because they will only include the homes listed in the previous 7 days. Also, I am thinking about adding a short sale link in the coming weeks.

Check back soon!

Monday, June 9, 2008

New Tuesday Feature

I am going to start publishing REO lists for the following areas. Please let me know if you are interested in another area.

1. Corona
2. Lake Elsinore
3. Wildomar
4. Murrieta
5. Temecula
6. Menifee
7. Perris
8. Moreno Valley
9. Hemet

Thursday, June 5, 2008

Not quite prepared

We are sitting in the kitchen of a lovely home in Murrieta. My client is taken by the upgrades all over the place. Granite counter-tops in the kitchen and the bathrooms. Tile floors throughout the downstairs. Nice carpet with a decidedly upgraded pad.

"We want this one," the wife boldly proclaims!

"Who are you qualified with?" (shame on me for not asking this question sooner), I ask.

"We haven't looked into financing yet," she says.

"Banks will not look at offers without a pre-qualification letter," I say.

"That is ok, we will call our lender today and get that ball rolling," he says.

We part company that day with a promise to chat the following day. I sit and wait as they confer with the mortgage officer. He requires documents in order to qualify them (bank statements, income verification, credit scores, etc...). It takes them all day to get those documents together.

The next day (day 3) they get all of the information to the lender. I get the pre-qual a little after noon. I was prepared and had the documents ready. I send the contracts and the pre-qual to the listing agent.

Now, we are both waiting. My phone rings off the hook...literally. I get calls every 3 hours from my clietns, wondering if there is any news. And of course there is not. I call the listing agent. Message after message is left, emails are left...NO RESPONSE! The listing agents are so busy that they do not care about good service.

Finally, on day 10 we get the call. "We accepted an offer 5-6 days ago," they say.

Two weeks have gone by, and somehow we are just barely to step 2. We sat in the kitchen of a beautiful home, unfortunately, we just weren't ready to buy.