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Temecula Valley Homes

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.

Redhawk Homes

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, LinkedINU-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

Temecula’s Crown Hill – A Great Master Planned Community

We had our own hot air balloon land right in the street here in Crown Hill on July 4th weekend!

We had our own hot air balloon land right in the street here in Crown Hill on July 4th weekend!

This is my first article about Crowne Hill.   
Crown Hill is the last Master Planned Community before the Temecula Wine Country begins.  After this community it is all 5 acre minimums.
 
We purchased a home here in Crown Hill in 2002 when the development was new.  Then, we moved to the Wine Country 20 minutes away.  Since moving back here to Crown Hill I have had to adjust to tract home living again….but living across from the park and having a pool have made it a much easier adjustment.
We moved back here to help our oldest teenager  go to college.  My youngest is still at Great Oak High anyway so we are saving a bundle on gas these days.

I love Crown Hill because it is well, “on a hill” and the views are great.  We get a great breeze in the evenings which cools everything off even on the hottest days.

Crown Hill has it’s own elementary school called, “Crown Hill Elementary”.  Middle school kids go to Vail Ranch Middle School and High School kids go to Great Oak. 

This is my introductory post on Crown Hill and I will post more about Crown Hill this week!
Call us toll free at 866-621-0155, we also specialize in helping first time buyers,
 purchase their first home and we are also Temecula Wine Country Custom Home Specialists.

We are experienced Real Estate Brokers offering excellent and individualized Customer Service. If you are looking for Temecula Valley Homes or a home 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. 

  

 

Temecula Real Estate | Government Moritoruim On Foreclsoures Lifted

I’ve updated the information in this post since speaking to a Wells Fargo Banking advisor – 11/09

GetMediaCA23NKLBIt 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 Bank Owned Homes

With all of the affordable “Bank Owned Homes in Temecula“, it is great news that the City of Temecula is offering a “First Time Buyer Program”.  This Program will provide down payment assistance as a second loan to (qualified income) first time home buyers.

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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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8294008~ 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.

 

Temecula New Homes

Take advantage of the, “New Home Purchase”, Tax Credit.  There are many great buys right now way below builder cost.

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.