Homes In Temecula

When speaking to an acquaintance about Temecula Valley Homes, I was explaining that Temecula is often seen as a very rural community that is really far away from everything.  However, Temecula Valley homes are located right off of Interstate 15 in Southwest Riverside County.  Temecula Homes can be found while exiting Winchester Road, Rancho California Road and Highway 79 South off of Interstate 15. 

Some of the most beautiful areas can be found in Southwest Riverside County, and some of the most beautiful homes also.  The more Rural areas where Temecula Valley Homes are located are in the areas of La Cresta, De Luz, and The Temecula Wine Country.

Homes In Redhawk

However, there are extremely popular communities that have Temecula Valley Homes that are located in less rural subdivisions, such as Temeku Hills, Vintage Hills, Chardonnay Hills, Crowne Hill, Morgan Hill, Redhawk and Starlight Ridge, Meadowview, Santiago Estates, and Rancho Santa Fe.

This last group of homes in Temecula are newer subdivisions and the way they were set up to include the lovely Temecula Valley landscape of rolling hills makes each of these communities unique.  Many of these highly sought after Temecula areas have homeowners association amenities such as pool, tennis courts, and walking trails.

The winding tree-lined streets of Temecula Valley Home give these communities added serenity and country like feel.

Contact me for more information about living in Temecula!    Jane Grant, 866-621-0155

Find me on…Facebook, LinkedIN,  U-Tube, Twitter, Trulia

Broker of Record- DRE  01109492
Websites:   Temecula Homes For Sale     &    Riverside County Homes For Sale
 
Visit my blogs:   “Temecula Wine Country“     “Temecula Neighborhoods“     “Riverside County Living“

Max

 Max and I were on our morning walk and encountered an enraged motorist.  

We were crossing the street at the corner of Crowne Hill and Vermont.   This corner does not have a cross walk but we had to cross the street to get home.  So I waited until the cross traffic which did have a stop sign came to a stop.  When I proceeded a huge white monster truck came up Crowne Hill and leaned on the horn just as we got to the middle of the street. 

So to make it clear…pedestrians do have the right of way when crossing the street, at a corner, even if there is no cross walk! 

Read the link below and please watch out for pedestrians and be courteous to them, they do have rights. 

California Driver Handbook  page with pedestrian rights:    http://www.dmv.ca.gov/pubs/hdbk/right_of_way.htm 

Jane Grant
  
Broker of Record- DRE  01109492
Southwest Real Estate, Inc. 
Telephone:  866 621-0155

Search for Temecula Homes for Sale here
Additional Website:  Search for Riverside County Homes for sale here
   

I love to blog, visit my blogs below!

  
Click here to visit my Blog about the “Temecula Wine Country” 
 
Click Here to visit my Blog about ”Community events” and other Real Estate Topics
  
Click here to visit my blog about “Riverside County Living“
  

Terra Cotta Middle School

Lake Elsinore Schools have really come a long way.   According to the Great Schools website, which is a National Non-profit organization with public forum, opinions as well as rankings based on collective test scores, Lake Elsinore Unified School District has many schools in the top rankings.   The Great Schools Website ranks schools from 1 to 10.

The Public Middle School with the highest ranking is Terra Cotta Middle School.  Terra Cotta is a California Distinguished School and also a “California Excellence in Arts School”.

I would encourage anyone who is planning on purchasing a home for any reason check out the Great Schools Website at www.greatschools.net to find out more about the schools in the area they are purchasing real estate.

To find out more about Lake Elinore and the most popular areas of Southwest Riverside County please contact me for individualized information.

Contact me for the latest information regarding Temecula Real Estate, Temecula Custom Homes, or Real Estate anywhere in Southwest Riverside County. 

Jane Grant   ~    DRE:  01109492
Southwest Real Estate, Inc. 
Telephone:  866 621-0155

It was introduced as Senate Bill X2-7 and has continued and will still be in effect for certain mortgages until 2011.  What is means is that there is a delay in the processing of foreclosed homes. 

This is how Fannie Mae explained how they handled the moratorium:

Fannie Mae’s “suspension”, of foreclosures on occupied single-family properties, which began on November 26, 2008,  was in full force for the majority of the first quarter of 2009. The suspension was a temporary measure to ensure that borrowers had access to help while Fannie Mae put in place additional foreclosure-prevention practices.

What this means for our current real estate market is that we will NOT begin seeing more bank owned properties available for purchase.  There will not be a huge release of “Bank Owned”, homes  all at once.

Certain loans that are affected by the moratorium will have their ”Notice of Default”, filed with the County Recorder’s office but no “Foreclosure Action”, will take place until  moratorium is lifted for that particular loan.  Remember that every home loan that falls under a certain criteria will not have foreclosure action taken against it until the moratorium for that loan is lifted.  Some will not be affected until 2011!!!

In Temecula the amount of foreclosed properties has decreased and as soon as one is available there are several offers within days of the property showing up in the MLS.

No one is overjoyed at the prospect of more foreclosures however, we all knew it was coming as an expected result of our current economic crisis.

Hopefully, the homeowners who have lost their homes can begin the path to recovery.  It is a hardship that is difficult to endure and I personally know of several families who are living with  relatives to regain their composure after they lost their home.

Please visit our website for the most current foreclosure listings:   Southwest Real Estate, Inc.

Temecula Short Sales

The Temecula Valley has many homes for sale that are in the category of  a short sale.

What is a Short Sale?

A short sale is simply when a homeowner tries to sell their home for less than they originally agreed to pay.

In order to do this the homeowner must fill out documentation provided by the bank called a “Short Sale Package”.  The short sale package includes information about the borrower/home owner’s financial situation.  If the bank is going to take less than the borrower originally owed them then the bank wants documentation stating why the borrower cannot pay the payments that he/she had previously agreed to pay and ultimately must sell the home to get out from under the debt. 

When the short sale is approved then the borrower/owner can accept an offer from a buyer who agrees to pay the current market value, based on recent sold comparables.

Short sales take time to process but once they are in the status of  “Approved Short Sale”, then the escrow can go through and a new buyer is able to purchase the home.  Some buyers who are waiting for a short sale to be approved simply give up waiting.  Then the listing agent looks for another buyer.  This is a good way to find a home…..if you are going to purchase a short sale make sure it is an “Approved Short Sale”.

Banks will do a BPO, “Broker Price Opinion”, which is like a mini appraisal that determines the current value of the home, based on comparable sold sales.

So there is a quick explanation of the difference from a Short Sale and an Approved Short Sale.

~ If you are thinking about purchasing or selling your home whether you are a “First Time Buyer”, or an “Investor”, who wants to work with a local area expert, contact us toll free at 866 621-0155. 

We are experienced Real Estate Brokers offering excellent and individualized Customer Service.  If you are looking for Temecula Bank Owned Homes, Murrieta Bank Owned Homes, or if you are thinking of living in the surrounding areas of Temecula, Murrieta, Wildomar, Menifee, Winchester, Fallbrook, Southwest Riverside County, or North San Diego County,  please contact us for a private tour of the area.

The Program will be available to anyone who has not owned a home in the last three (3) years and meets the income qualification guidelines for annual income 

• There is a minimum of three percent (3%) of the purchase price from their own funds and must accept the highest loan-to-value ratio first loan for which they qualify.

The loan is deferred for the first five (5) years, then fully amortized in years 6-30.

• 5% Interest Rate

Anytime during the term of the loan you may be disqualified if you:

• Do not occupy the property as your principal residence
• Refinance with cash taken out

The RDA will provide a second loan of up to twenty percent (20%) of the purchase price (maximum $65,000) (the “RDA Assistance”).

The first loan must be a fully amortized, fixed rate, thirty year mortgage and the RDA Assistance will be in the form of a loan, repayment of which will be secured by a deed of trust recorded in second position to the first mortgage.

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~ If you are thinking about purchasing or selling your home whether you are a “First Time Buyer”, or an “Investor”, who wants to work with a local area expert, contact us toll free.

  We proudly serve and sell Real Estate in Riverside County, California. We specialize as buyers agents in Temecula, Murrieta, Menifee, De Luz, Wine Country, Canyon Lake and the surrounding areas. We are also  “Custom Home”, listing agents for the Temecula Wine Country.

South Temecula living is close to the 15 freeway, and less than an hour from the beach.  Many homes are now available and affordable.

Many of the developments here have the convenience of community swimming pools and club houses.

Click here to find great deals in South Temecula, that are currently available and affordably priced. 

This home is priced at only $219.000.  It is a newer home in Wolf Creek.

Close to Temecula’s Newest Award winning High School, “Great Oak High School”

For a personalized list of homes please contact me direct at my toll free telephone number, 866 621-0155.

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~ If you are thinking about purchasing or selling your home whether you are a “First Time Buyer”, or an “Investor”, who wants to work with a local area expert, contact us toll free.

  We proudly serve and sell Real Estate in Riverside County, California. We specialize as a buyers agents in Temecula, Murrieta, Menifee, De Luz, Wine Country, Canyon Lake and the surrounding areas. We are also  “Custom Home”, listing agents for the Temecula Wine Country.

Ever heard the buy in “Phase One”, strategy?  This is the concept of purchasing in a brand new housing development in phase one so that you already have appreciation when they begin building phase two.

Prices of new homes are so low that it is now like purchasing for half of the cost of the original price of the home, in “Phase One”.

These new homes are selling really quickly now that spring in the air.  So take advantage of low prices, low interest rates now!

SEARCH BELOW FOR NEW HOMES IN RIVERSIDE COUNTY!

~ If you are thinking about purchasing or selling your home whether you are a “First Time Buyer”, or an “Investor”, who wants to work with a local area expert, contact us toll free.

  We proudly serve and sell Real Estate in Riverside County, California. We specialize as a buyers agents in Temecula, Murrieta, Menifee, De Luz, Wine Country, Canyon Lake and the surrounding areas. We are also  “Custom Home”, listing agents for the Temecula Wine Country.