Arlington (Riverside, CA)
Arlington (Riverside, CA) Real Estate News
Garrigus real estate
Is Your Riverside Home Underwater? Short Sale that Riverside House!
Garrigus Real Estate - Call Now: 1 (888) 9-LIST-IT (Coldwell Banker Kivett-Teeters)

Is Your Riverside Home Underwater? Short Sale that Riverside House!

Riverside Short Sales are nothing new. In fact, most of the Riverside housing market consists of short sales these days.

If you’re struggling to make your mortgage payments on a property that is worth half the value of what you purchased it for? This is NOT the American dream. No one wants to lose their home to foreclosure. And no one wants to sell them home if they don’t want to move. But doing nothing and letting the bank foreclose, or staying with a home that is financially crushing is not the way to support your family.

A Riverside short sale may be the best option for you. But how can you know without talking to a Riverside Short Sale Expert (That’s us!)?

Have you considered a loan modification instead of a short sale? That may be the best option for you. In fact, for some is has been. But be warned, it is not the best option for every mortgage situation! You need ALL the information to make a calculated decision. You need to speak with your bank or mortgage holder. You also need to speak with a short sale expert (Again, that’s us!) that knows the other details the banks don’t want to tell you.

If you’re wondering:

  • Why would my bank accept a Riverside short sale?
  • What are the tax consequences of my Riverside short sale?
  • Shouldn’t I hire an attorney instead of a short sale REALTOR to short sale my property?
  • How will my Riverside short sale affect my credit? What if I foreclose instead?
  • How long should I expect short sale process to take?
  • Do I have to be behind on payments of my Riverside house?
  • What if my Riverside house has more than one mortgage?
  • Can I short sell my Riverside home to a friend or relative?
  • What Does The Bank Consider a Short Sale Hardship?
  • Should I keep my Riverside HOA dues current?

O.K., I’m ready to get started…. so now what do I do??

Contact us now for a FREE and private in-depth consultation:

CALL US NOW TO SELL YOUR HOUSE: 1 (888) 9-LIST-IT

 


G
ARRIGUSREAL ESTATE

Foreclosure Agent/REALTOR & Short Sale Specialists
SERVING SOUTHERN CALIFORNIA
Coldwell Banker Kivett-Teeters Associates

GarrigusRealEstate@yahoo.com
www.GarrigusRealEstate.net 

Devona Garrigus / DRE License # 01844441

IMPORTANT DISCLOSURE in compliance with the FEDERAL TRADE COMMISSION ("FTC") MORTGAGE ASSISTANCE RELIEF SERVICE ("MARS"): Before using this service, consider the following information - Coldwell Banker Kivett-Teeters Associates are not associated with the government and our services are not approved by the government. Seller acknowledges that the Broker/Agent is not qualified to provide financial, legal or tax advice regarding short sale transactions. Therefore, the seller is advised to obtain professional tax advice and consult independent legal counsel immediately regarding the tax implications and advisability of entering into a short sale agreement with their lender/servicer. If you stop paying your mortgage, you could lose your home and damage your credit rating.

Carrillo photo 2
Consumers can now dispute credit inaccuracy directly!
Luis Carrillo, Your Realtor for Life (Keller Williams Realty)

The Consumer Finance Credit Bureau (CFPB) now allows consumers to “directly dispute” misinformation by directly uploading their complaints on line.
Complaints can be fact checked effectively, and resolved quickly.
And the CFPB is handing out million dollar fines and certifying class action lawsuits against violators.
Feds Grant Borrowers New rights to Resolve Credit Disputes!


Consumers now have a “hammer” to force the three credit bureaus and credit vendors to clean up their records. 

Let’s get them started.
To begin the complaint process click here (CFPB). Or going towww.consumerfinance.gov/complaint/
The CFPB estimates that 55% of all credit reports have significant inaccurate information.
Below are the most common examples of misreporting.
a) Information is “not creditor’s
b) Belongs to someone else, identity theft, fraud, etc.
c) Account terms are reported wrong
d) Creditor name/info, balance, payment, etc.
e) Account status
f) Paid bill on time, account closed, etc.
g) Wrong date of birth, address, etc.
h) Inaccurate public records (Bankruptcy, judgments, etc).
i) Reinserted (previously deleted) information
j) Credit Reporting Company’s investigation was flawed

To dispute an issue, the consumer must first order a credit report from each bureau and file a dispute for each derogatory item with the specific credit reporting bureau.
Once the bureau has reviewed the filing, they must (within 30 days) inform the consumer the results of their investigation.
Assuming the investigation is negative, the consumer should appeal to the CFPB for relief.
The uploading any supporting documents online directly to the agency expedites ('starts" the clock ticking") the process by bringing pressure on credit bureaus, collection agents and credit vendors.
It's just easier for all involved to delete a consumer's derogatory item rather than risk sanctions.
Those documents are (but not limited to):
a) Incorrect part of credit reports, payment records, cancelled checks, court documents, birth certificates or other identity verification documents.
b) To add pressure I recommend the borrower/ buyer to include a cover letter (and subsequent purchase contract) explaining the sensitivity and timeliness of a quick response.
All too often it has been my personal experience that unethical bill collectors target and pressure innocent borrowers and borrowers with common surnames, to pay illegitimate debts just to raise their credit scores.
Collection agents coldly calculate the pressure of losing a earnest money deposit (and the home) will bully innocent buyers into paying an (unjust) outstanding balance just to close escrow.
NOTE: If the debt is legit it’s CRUCIAL that the debt be paid ONLY thru escrow.
IF THE DEBT IS PAID OFF BEFORE COE…THE BORROWERS CREDIT SCORES WILL CERTAINLY DECLINE AND JEOPARDIZE YOUR DEAL.
In Conclusion

Just the mere filing of a consumer complaint, can lead to targeted CFPB examinations, resulting in thousands of dollars in administrative costs and massive fines.

Seven figure fines and threat of class action lawsuits will now force credit vendors and the 3 credit bureaus to clean up their act.

Garrigus real estate
California Current Home Sales & House Price Statistics - February 2012
Garrigus Real Estate - Call Now: 1 (888) 9-LIST-IT (Coldwell Banker Kivett-Teeters)

California Current Home Sales & House Price Statistics - February 2012

February 2012

County Sales And Price Activity - Existing Single-Family Detached Homes

SALES AND PRICE ACTIVITY
Regional/County Sales Data and Condo Sales Data Not Seasonally Adjusted
12-Feb
State/Region/County Feb-12 Jan-12 Feb-11 MTM% Chg YTY% Chg MTM% Chg YTY% Chg
CA SFH (SAAR) $266,660 $268,280 $271,370 r -0.6% -1.7% 2.1% 5.5%
CA Condo/Townhomes $216,520 $215,690 $235,790 r 0.4% -8.2% 12.5% 9.3%
Area $264,430 $256,000 $266,830 3.3% -0.9% 6.2% 7.5%
Inland Empire $172,600 $169,280 $174,040 2.0% -0.8% 5.2% 3.0%
S.F. Bay Area $438,280 $415,120 $443,880 r 5.6% -1.3% 7.7% 15.3%
S.F. Bay Area Feb-12 Jan-12 Feb-11 MTM% Chg YTY% Chg MTM% Chg YTY% Chg
Alameda $402,880 $395,830 $458,060 1.8% -12.0% -5.2% 12.0%
County) $515,620 $476,470 $516,670 8.2% -0.2% 11.1% 1.7%
Marin $732,140 $694,440 $632,580 5.4% 15.7% -0.8% 13.1%
Napa $348,000 $344,740 $354,760 0.9% -1.9% -1.1% 20.0%
San Francisco $592,950 $561,270 $606,560 5.6% -2.2% 32.9% 33.7%
San Mateo $582,500 $578,500 $591,500 r 0.7% -1.5% 14.8% 12.0%
Santa Clara $530,000 $495,000 $520,000 r 7.1% 1.9% 13.6% 5.0%
Solano $179,020 $184,440 $191,780 r -2.9% -6.7% 1.6% 30.4%
Sonoma $324,710 $326,920 $315,340 -0.7% 3.0% 4.6% 32.4%
Southern California Feb-12 Jan-12 Feb-11 MTM% Chg YTY% Chg MTM% Chg YTY% Chg
Los Angeles $272,690 $290,890 $286,100 r -6.3% -4.7% 6.5% 12.7%
Orange County $485,380 $483,510 $496,540 0.4% -2.2% 10.8% 13.1%
Riverside County $200,730 $196,050 $203,640 r 2.4% -1.4% 7.0% 3.8%
San Bernardino $132,500 $129,920 $131,470 2.0% 0.8% 2.2% 1.7%
San Diego $362,470 $350,680 $367,770 3.4% -1.4% 13.1% 21.1%
Ventura $392,350 $386,870 $389,650 1.4% 0.7% 0.3% -8.7%
Central Coast Feb-12 Jan-12 Feb-11 MTM% Chg YTY% Chg MTM% Chg YTY% Chg
Monterey $265,000 $280,000 $231,000 r -5.4% 14.7% 2.8% -15.1%
San Luis Obispo $354,350 $363,640 $328,750 -2.6% 7.8% 22.5% 17.4%
Santa Barbara $345,000 $356,000 $380,000 -3.1% -9.2% -3.5% 30.2%
Santa Cruz $499,950 $422,500 $452,000 r 18.3% 10.6% 19.2% 27.8%
Central Valley Feb-12 Jan-12 Feb-11 MTM% Chg YTY% Chg MTM% Chg YTY% Chg
Fresno $142,300 $131,070 $141,360 8.6% 0.7% 8.5% 7.9%
Kern (Bakersfield) $119,980 $130,000 $125,000 -7.7% -4.0% -10.6% -5.3%
Kings County $144,440 $145,710 $154,000 -0.9% -6.2% 12.5% 26.3%
Madera $103,330 $113,750 $149,230 -9.2% -30.8% 32.3% -41.4%
Merced $119,280 $112,000 $117,270 6.5% 1.7% 25.0% -8.0%
Placer County $251,450 $258,210 $269,670 -2.6% -6.8% 28.5% 28.5%
Sacramento $163,870 $162,290 $168,800 1.0% -2.9% 7.9% 16.2%
San Benito $255,500 $260,000 $285,000 -1.7% -10.4% -2.0% 19.0%
Tulare $119,330 $116,670 $120,340 2.3% -0.8% -0.8% 15.3%
Other Counties in California Feb-12 Jan-12 Feb-11 MTM% Chg YTY% Chg MTM% Chg YTY% Chg
Amador $176,670 $135,000 $200,000 30.9% -11.7% 38.9% 78.6%
Butte County $177,860 $194,000 $190,000 -8.3% -6.4% 25.3% 65.0%
Humboldt $232,950 $220,000 $238,890 5.9% -2.5% 6.9% 83.3%
Lake County $103,640 $118,570 $123,330 -12.6% -16.0% 15.9% 15.9%
Tuolumne $165,000 $147,140 $192,500 r 12.1% -14.3% 48.9% 63.4%
Mendocino $190,000 $190,000 $200,000 0.0% -5.0% -16.2% -8.8%
Shasta $141,900 $151,670 $162,110 -6.4% -12.5% 10.7% 60.7%
Siskiyou County $123,330 $123,330 $140,000 0.0% -11.9% 0.0% 50.0%
Tehama $85,000 $110,000 $83,330 -22.7% 2.0% 11.8% 58.3%
Median Price of Existing Single-Family Homes Sales

*   Los Angeles Metropolitan Area is a 5-county region that includes Los Angeles County, Orange
    County, Riverside County, San Bernardino County, and Ventura County
*   S.F. Bay Area has been redefined to include the following counties: Alameda, Contra Costa, 
    Marin, Napa, San Francisco, San Mateo, Santa Clara, Solano, and Sonoma
*   Inland Empire includes Riverside County and San Bernardino County

*  r = revised
*  MTM%c Chg = Percent change from prior month
*  YTY% Chg = Percent change from prior year  

Regional/County sales data and condo sales data not seasonally adjusted.

The MLS median price and sales data for detached homes are generated from a survey of more
than 90 associations of REALTORS® and MLSs throughout the state, representing 90 percent of
the market. County sales data are not adjusted to account for seasonal factors that can influence
home sales. MLS median price and sales data for condominiums are based on a survey of more
than 60 associations. The median price for both detached homes an condominiums represents
closed escrows. Movements in sales prices should not be interpreted as changes in the cost of a
standard home. Median prices can be influenced by changes in cost and in the characteristics
and size of homes sold. Due to low sales volume in some areas, median price changes may
exhibit unusual fluctuation. C.A.R.’s data has been standardized to reflect county-level statistics.

Other Helpful Real Estate Websites:

CALIFORNIA SHORT SALE AGENTS

List and Sell Your Home

Southern California Short Sale Agents

Riverside County Short Sale Agents

CALL US NOW TO SELL YOUR HOUSE: 1 (888) 9-LIST-IT

 


G
ARRIGUSREAL ESTATE

Foreclosure Agent/REALTOR & Short Sale Specialists
SERVING SOUTHERN CALIFORNIA
Coldwell Banker Kivett-Teeters Associates

GarrigusRealEstate@yahoo.com
www.GarrigusRealEstate.net 

Devona Garrigus / DRE License # 01844441

IMPORTANT DISCLOSURE in compliance with the FEDERAL TRADE COMMISSION ("FTC") MORTGAGE ASSISTANCE RELIEF SERVICE ("MARS"): Before using this service, consider the following information - Coldwell Banker Kivett-Teeters Associates are not associated with the government and our services are not approved by the government. Seller acknowledges that the Broker/Agent is not qualified to provide financial, legal or tax advice regarding short sale transactions. Therefore, the seller is advised to obtain professional tax advice and consult independent legal counsel immediately regarding the tax implications and advisability of entering into a short sale agreement with their lender/servicer. If you stop paying your mortgage, you could lose your home and damage your credit rating.

Garrigus real estate
Arlington in Riverside, CA Short Sales Made Easy... You Pay Nothing for Our Services!!!
Garrigus Real Estate - Call Now: 1 (888) 9-LIST-IT (Coldwell Banker Kivett-Teeters)

 Arlington in Riverside, CA Short Sales Made Easy... You Pay Nothing for Our Services!!!

 

We Specialize in Short Sales & We Know Short Sales in Arlington in Riverside, CA.

 

Short Sales Made Easy... You Pay Nothing for Our Services!

We Know Short Sales in Arlington in Riverside, CA.

We know what makes a good candidate for a short sale transaction. We know the differences from bank to bank, and how each bank operates.

We know how to build your short sale file. We know what to include, and what NOT to include.

We know the pitfalls to steer away from, and what the end-goal and best-scenario is for your short sale.

We WORK short sales. We CLOSE short sales.

We KNOW short sales because We DO short sales.

 

We are Short Sale Real Estate Agents / REALTOR

 

Call now and interview us: 1 (888) 9-LIST-IT

 

CALL US NOW TO SELL YOUR HOUSE: 1 (888) 9-LIST-IT

 


G
ARRIGUSREAL ESTATE

Foreclosure Agent/REALTOR & Short Sale Specialists
SERVING SOUTHERN CALIFORNIA
Coldwell Banker Kivett-Teeters Associates

GarrigusRealEstate@yahoo.com
www.GarrigusRealEstate.net 

Devona Garrigus / DRE License # 01844441

IMPORTANT DISCLOSURE in compliance with the FEDERAL TRADE COMMISSION ("FTC") MORTGAGE ASSISTANCE RELIEF SERVICE ("MARS"): Before using this service, consider the following information - Coldwell Banker Kivett-Teeters Associates are not associated with the government and our services are not approved by the government. Seller acknowledges that the Broker/Agent is not qualified to provide financial, legal or tax advice regarding short sale transactions. Therefore, the seller is advised to obtain professional tax advice and consult independent legal counsel immediately regarding the tax implications and advisability of entering into a short sale agreement with their lender/servicer. If you stop paying your mortgage, you could lose your home and damage your credit rating.

Headshots%20051%20600x600
Chili Cook-off & Car/Cycle Show
Michael J. O'Connor, Eastvale - 951-847-4883 (Diamond Ridge Realty)

Chili Cook-off & Car/Cycle Show

Looking for something fun to do this weekend?  How about joining the Arlington Business Partnership at their 8th annual Chili Cook-off and Car show!

When: May 29, 2010 from 9:30 a.m. to 5:00 p.m.

Where: On Magnolia from Van Buren to Jackson, Arlington Village, Riverside

Some of the featured events include chili tasting from 11:30 - 2:30, food, craft fair, car/cycle show and a beer garden!  There will be refreshments & entertainment for the kids including a Little Mr. Hot Sauce and a Little Miss Chili Peppers Contest!

For more information please call 951-509-1100

Don't miss the 8th Annual Chili Cook-off & Car/Cycle Show!

2009 tie
Regular Sale..Not An REO, Short Sale Or Investor Property....I Swear!
Pat Palmer, Realtor - Upland, CA 91786 (Forefront Real Estate/ Forefront Mortgage)

***THIS IS A REGULAR SALE***

 Are you tired of unresponisve banks , REO properties and endless short sales? Then look no more!!!Cozy, well kept starter home. Perfectly manicured yard in a perfectly manicured neighborhood. You will be immediately struck by the care and craftsmanship of your new home. True hard wood floors in hallway and bedrooms. The living room allows in soft light through a large bay window, and also features a warming fire place. This opens into a huge den that makes this home perfect for family and guests. There is a separate laundry room conveniently located off of the kitchen. The yard has been lovingly cared for. Both front and back have mature, beautiful shade trees. The back yard is very large and is secured with block walls. The view of snow capped mountains is included in the price. You'll be amazed at how well kept the entire neighborhood is as well. You are literally walking distance from the lush grounds of California Baptist University and a very short drive to schools, shopping and freeways. You won't regret making this your choice.

Offered at $127,000

2 Bed/ 1 Bath/ 1247 sq. ft.

Immaculate Riverside bungalow perfect for new home owners. The neighborhood is as immaculate as the home itself. This has all the charm of 1950's Southern California.

 Welcome HomeLarge, Manicured Back yard

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Riverside Home for Sale 3273 Garons Ln, Riverside 92503
Karie Hobson, Homes for Sale -Redmond Greater East Side (Coldwell Banker Bain )

 

BANK OWNED!!! "TURN KEY " that means it is very clean, move right in because there is nothing to do. Two story detached home in newer private gated community. Close to schools and shopping. Upgrades include , Cozy Gas Fireplace in living room. New designer black range oven and microwave to be installed this week. SAFE DIRECT ACCESS TWO CAR ATTACHED GARAGE , PRIVATE REAR PATIO. ASSOCIATION POOL & SPA. FHA and VA financing available. Come see- It won't last long.

 

 

 

Riverside, CA Real Estate Professionals
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