| Bedrooms: | 2 |
| Full Baths: | 3 |
| Built: | 1984 |
| Square Feet: | 1,072 |
| Lot Size: | 2,422 |
| Bedrooms: | 5 |
| Full Baths: | 3 |
| 1/2 Baths: | 1 |
| Built: | 2007 |
| Square Feet: | 3,807 |
| Lot Size: | 7,340 |
| Bedrooms: | 3 |
| Full Baths: | 2 |
| Built: | 1969 |
| Square Feet: | 1,431 |
| Lot Size: | 7,370 |
| Bdr: | 3 |
| Total Baths: | 3 |
| Full Baths: | 2 |
| 3/4 Baths: | 0 |
| 1/2 Baths: | 1 |
| Bdr: | 3 |
| Total Baths: | 3 |
| Full Baths: | 2 |
| 1/2 Baths: | 1 |
| Built: | 1986 |
| Square Feet: | 1600 |
| Lot Sz: | 4229 |
| Property Description: |
Located in the prestigious gated Hidden Valley Complex, you'll find this gorgeous 3Br town home hidden in the midst of enchanted woods. Quiet and secluded location with gorgeous greenbelt and hills view where chirping birds sing. Totally remodeled with neutral decor including elegant 20x20 travertine floor, designer 2-tone paint, recess lightings and newer carpet. Spacious living room with cathedral ceilings and a romantic fireplace. Patio door off the living room to the cozy side yard. Formal dining room with built in wall-to-wall cabinets. Newly remodeled kitchen with new floor, recess lightings & new country rustic tile countertop. Spacious family is adjoining the kitchen providing large open space. Cozy breakfast nook. Spacious master bedroom with dual sinks & oval tub. Laundry in the garage. 2-car attached garage. This unit is only steps to the community pool and spa. Excellent schools. Water and H.O.A. included in the rent. |
Features |
| Association Pool,Association Spa,Association Trash Paid,Cathedral Ceilings,Cul-De-Sac,Direct Garage Access,Gated Community,Hills View,Park Or Green Belt View,Trees/Woods View,Turnkey,Window Blinds |
| Bdr: | 2 |
| Total Baths: | 2 |
| Full Baths: | 2 |
| Built: | 1988 |
| Square Feet: | 1055 |
| Property Description: |
| Enchanted cute Spanish Villa that is a rare 2-bedroom single story house in a quiet cul-de-sac. 2-car attached garage. Beautiful Mediterranean architecture with red tile roof and gated courtyard. Open and spacious living room with cathedral ceilings and patio access to side yard. Bright dining room is next to the kitchen with patio door to the backyard. Master suite with cathedral ceilings, romantic fireplace, ceiling fan and dual mirror closets. Master bathroom with dual sink, large oval tube and sky light. Excellent schools, California Blue Ribbon Ranch Hills Elemantary, Lorbeer Intermediate and Diamond Ranch High. Centrally located near 57, 10, 60 and 71 Fwy. Phillips Ranch is a real nice college town next to Cal Poly Pomona. Direction: From 57 Fwy and Temple, E on Temple, R on Santa Clara, L on Calle Del Cabos. |
| Features |
| Cathedral Ceilings,Ceiling Fan,Cul-De-Sac,Direct Garage Access,Drapes/Curtains,Freestanding,Main Floor Bedroom,Main Floor Master Bedroom |
| Bdr: | 2 |
| Total Baths: | 2 |
| Full Baths: | 2 |
| Built: | 1984 |
| Square Feet: | 1069 |
| Property Description: |
| Gorgeous end unit townhouse with modernized kitchen that has granite countertop, stainless appliances, travertine floor and recess lightings. Living room has cathedral ceilings, Pergo wood floor, warm contemporary paint and a romantic fireplace. Large patio door in the living room opens to the cozy side yard. Going up the stairs to the two large bedrooms and two bathrooms. Laundry hookup is in the garage. 2-car attached garage. Large gated patio improved with concrete floor that is perfect place for a nice afternoon tea. Hidden Valley gated complex is the cream of the crop for townhome living. There are swimming pools, spa, well manicured ground and beautiful walking paths. Pets welcome with deposit. Excellent schools. Water and H.O.A. included in the rent. Easy freeway access to L.A., Orange, Riverside and San Bernardino County. Direction: From 60 Fwy and Phillips Ranch, S on Phillips Ranch, L on Scenic Ridge, immediate L into gated complex. |
| Features |
| Association Pool,Association Spa,Cathedral Ceilings,Curbs/Walks,Direct Garage Access,End Unit,Gated Community,Homeowners Association |
| Bedrooms: | 2 |
| Full Baths: | 3 |
| Built: | 1988 |
| Square Feet: | 1,345 |
| Lot Size: | 7,118 |
| Bedrooms: | 2 |
| Baths: | 2.00/ |
| Built: | 1982 |
| Square Feet: | 1,002 |
| Lot Size: | 2,421 |
| Features: | AE,CC,CU,GA,DY,FR,FD,HW,LL,MF,MM,NC,UR,SH |
| Attic,Cathedral Ceilings,Custom Window Covering,Direct Garage Access,Driveway,Freestanding,French Doors,Home Warranty Plan,Lot-Level/Flat,Main Floor Bedroom,Main Floor Master Bedroom,No Common Walls,Utility Room,Window Shutters |
| L/P Excludes: | Entry & Dinning Room Chandelier |
| Description: | A great piece of property and a wonderful floorplan. Priced to sell. Vaulted ceilings, indoor laundry room, faux wood shutters, newer tile roof, dual pane windows, skylight in the family room, large tiled sunroom in back with a fiberglass spa (not part of square footage). The lot is oversized and private as part of it backs to a gentle slope with no neighbors behind you. There is a freestanding lanai, waterfall built into the gentle slope, red apple iceplant, weeping willow tree with lawn, block walls, and cement patio. The home will need new carpet and paint inside, but is a nice solid residence. The master is luxurious with a retreat w/fireplace (could use as an office or reading room), vaulted ceilings and french doors leading to the sunroom. Schools are excellent and shared w/ N. Diamond Bar. Over 900 api at Ranch Hills elementary, a california distinguished school. Make an offer! Note a model match at 10 Los Felis closed on 4/30/07 @ $575,000. Just reduced 11/7/07 by $15k |
| Bedrooms: | 2 |
| Baths: | 1.00/ |
| Built: | 1983 |
| Square Feet: | 950 |
Some homeowners may have heard of refinancing home mortgage but not known what it exactly meant, what it entailed, or how to go about doing it. All of those questions are easy to get answers to, but a tougher question to answer is "when should I refinance my home mortgage " as is "why should I refinance my home mortgage." Finally, perhaps the toughest question a homeowner may have to ask is simply "should I refinance my home mortgage." Before we attempt to answer those three BIG QUESTIONS, let's take a look at what refinancing is, and what it is not.
Home mortgage refinance is essentially the act of obtaining a new home mortgage. This is not a " second mortgage" and it is very different from a home equity loan or a home equity line of credit (which we'll discuss in a bit). It may be easier to understand home mortgage refinance if you think of it in the same terms as buying a house in the first place, because the process is quite similar.
In a home mortgage refinance the homeowner is obtaining a new mortgage. The new loan pays off the old one and the homeowner starts making payments to the new lender. There may be a number of reasons a homeowner would do this, but the primary reason most people refinance is to get a lower interest rate. Let's say you purchased your home five years ago at a fixed rate of eight percent. It was a good deal at the time and you were happy with the fixed rate because you knew that if interest rates suddenly went up, the lender couldn't change the rate on you. But interest rates went down and, for the sake of argument, let's say they went down a lot. You're paying eight percent when you could be paying four. A home mortgage refinance will get you out of that eight percent deal and into a more comfortable interest rate. This action can save you thousands of dollars over the life of the loan.
Long-term mortgage interest rates were lower Wednesday, and the benchmark 10-year Treasury bond yield dropped to 4.34 percent.
The 30-year fixed-rate average slipped to 5.9 percent, and the 15-year fixed rate fell to 5.5 percent. The 1-year adjustable was down at 5.69 percent.
The 30-year Treasury bond yield sank to 4.64 percent.
| Bedrooms: | 3 |
| Full Baths: | 2 |
| Built: | 1969 |
| Square Feet: | 1,431 |
| Lot Size: | 7,370 |
| Features: | CC,GA,DE,DY,VH,HW,LL,MF,MM,TK,BL |
| Cathedral Ceilings,Direct Garage Access,Double Door Entry,Driveway,Hills View,Home Warranty Plan,Lot-Level/Flat,Main Floor Bedroom,Main Floor Master Bedroom,Turnkey,Window Blinds |
| Description: | Phillips Ranch! Beautiful Surroundings, Tree Lined Streets And Walkway Paths. You'll Love This Single Story Home Filled With Lots Of Natural Light And Tasteful Upgrades Throughout. New Dual Paned Windows, Roof And Remodeled Bathrooms, Granite Counters In The Kitchen, Tile Floors And Rich Wood Blinds. Gorgeous Tile Work And Rich Detailed Wood Vanity Complete The Master Bath. Backyard Has Two Patio Areas, Built In Bbq, Large Grassy Area, Dog Run And Tranquil Hill Views. |
| Description: | Great Phillips Ranch Area. Bright Open Floor Plan With Large Master Suite With Lots Of Closet Space, Cathedral Ceilings, Newer Carpet And Paint With Many Upgrades, Private Patio, Refrigerator, Washer/Dryer Appliances, Walk-In Pantry. Association Includes Pool, Spa, Greenbelt. Well Maintained Single Story No Stairs. Close To 57 And 60 Freeways. |
| Features: | FD,FW,GW,PV,TK |
| French Doors,French/Mullioned Windows,Garden Window,Pool View,Turnkey |
| Description: | Gorgeous Pool Home In Prestigious Phillips Ranch Community. Mr.& Mrs. Clean Lives In. Shows Beautiful! Great Floor Plan. 2 Yr New Tile Roof/Top Quality Dual Glass Mullioned Windows & French Sliding Door/Kitchen Bay Window/Tile/Carpet/Sink & Faucets & Much More... New Built-In 10,800 Btu Wall Air Conditioner In Fr. Large Back Yard With Sparkling Pool & Spa - Good For Entertaining. Decent & Peaceful Neighborhood. |
| Features: | AP,AJ,PT,CR,CF,HW,AH |
| Association Pool,Association Spa,Association Trash Paid,Cc And R's,Ceiling Fan,Home Warranty Plan,Homeowners Association |
| Description: | Turnkey Upstairs Unit View On Greenbelt From Each Bedroom, Located In A Convenience Area Of Phillips Ranch , Close To 60/71 Freeway, 3 Bedroom 2 Bath Plus Large Loft With Skylight Could Be Use As 4th Bedroom, Cathedral Ceiling, Fireplace In Living Room With Private Balcony,Washer /Dryer Included And Located On Balcony In Closed Area, New Painted In Decorator Colors, Remodeled Kitchen And Bathroom, Design Floor In Master Bathroom, Bright And Airy, Elegant And Move-In Condition, This Is The Largest Unit In This Complex. Show And Sell. Please See Office Comments For More Information |
| Description: | Beautiful Home In A Great Neighborhood Of Phillips Ranch. One Bedroom And One Bath Downstairs. Huge Bonus Room For Party And Guess Upstairs. Many Upgrades - New Paint, New Carpet, Blinds And Tiles In Livingroom, Dining Room And Kitchen. Currently Tenant Occupied. Please Respect Tenant And Owner - Do Not Disturb Tenant. |
| Bedrooms: | 3 |
| Total Baths: | 3 |
| Full Baths: | 3 |
| Built: | 1979 |
| Square Feet: | 2,475 |
| Lot Size: | 10,761 |
| Description: | Beautiful Home In Phillips Ranch. Built In 1982. Lot Size 6399 Sqft With Living Space Of 1822 Sqft. 4 Bedrooms And 3 Full Bathrooms (One Bedroom And One Full Bathroom Downstairs). Living Room, Family Room And Formal Dining Room. Central Air And Heat. Great Floor Plan - Bright And Airy. Newer Tile Roof Of Approximately 2 Years. Newer Dual Layer Windows And Sliding Glass Door And Brand New Interior Paint. Over $30,000 Of Upgrades. 3 Car Attached Garage. Beautiful Street With Quiet Neighbors. Best Deal In Town! |
| Features: | AP,AJ,CW,GA,EU,GC,AH,RC |
| Association Pool,Association Spa,Curbs/Walks,Direct Garage Access,End Unit,Gated Community,Homeowners Association,Repair Cosmetic |
| Description: | Great Hidden Valley Gated Community In Phillips Ranch. 2 Bedroom 2 Bath And Kitchen Has Granite Countertops, Patio, End Unit With 2 Car Attached Garage. Situated In Front Of Pool Area. Property Needs Tlc. Sold "As Is" No Repairs Will Be Done. |
Closing costs are the fees for services, taxes or special interest charges that surround the purchase of a home. They include upfront loan points, title insurance, escrow or closing day charges, document fees, prepaid interest and property taxes. Unless, these charges are rolled into the loan, they must be paid when the home is closed.
| Monthly Rent: | 4750 |
| Equipment: | $60,000 |
| Bus Type: | Auto |
| Terms: | Cash,Ctnl |
| Descrip.: | Phillips Rance 76 Is Located In Very Good Shopping Center,Lot Of Protaintial,Seller |
| Bedrooms: | 2 |
| Total Baths: | 2 |
| Full Baths: | 2 |
| Built: | 1988 |
| Square Feet: | 1,055 |
| Lot Size: | 4,000 |
For the longest time I have been a proponent of the idea that sellers should have a Real Estate broker and buyers too should have a separate broker. Under this system, both Real Estate parties have access to professional representation and both are hopefully equals in the market place.
Although the brokerage community has been very good about representing sellers, buyer representation has yet to catch up. The 2006 Profile of Buyers and Sellers from the National Association of Realtors shows that 44 percent of all purchasers had a written buyer brokerage agreement while 84 percent of all sellers listed with a broker.
Within the realm of buyer brokerage there are "buyer brokers" and "exclusive buyer brokers" or EBAs. Buyer brokers represent purchasers but in other transactions may represent sellers. Exclusive buyer brokers only represent purchasers and never list properties.
Over time there has been a lingering debate within the real estate community regarding which form of buyer brokerage is somehow "better," however it is that one measures such a concept. The discussion has been useful in the sense that it's raised a number of agency issues, but in the end one either is or is not exclusive and most licensees have opted for a non-exclusive practice model.
What virtually everyone does agree to is this: In a marketplace crowded with competitors, being an EBA gives one a way to stand out, to be different. From a marketing perspective, different can be very good -- after all, half the consumers in the real estate marketplace are buyers and only a small percentage of professionals are exclusive buyer brokers. The odds of a successful realty practice would seem to favor exclusive buyer brokers rather than listing brokers, all things being equal.
If so, you have a truly inexpensive opportunity to boost your home's curb appeal.
By spending $500 to $3,000 on plants and materials and a few hours of time, you can achieve a well-landscaped look without shelling out for professional help.
Besides the personal enjoyment you'll get from a prettier yard, landscaping adds more value than almost any other home renovation.
A recent Michigan State University study found that depending on where the house is located, high-quality landscaping adds 5 percent to 11 percent to its price.
If you have no immediate plans to move, all the better: Landscaping is the one home improvement that actually appreciates over time.
So how do you decide which projects to tackle? That depends on how long you think you'll be around to enjoy the results.
Once you find a vacation property you like, consider what you'll do with the property when you're not using it. Many owners choose to rent out their vacation homes, and this has both benefits and drawbacks. The rental income will certainly be welcome, but you'll also have to consider how you'll clean and maintain your property. If you plan to rent it out, you may have to disclose this to your lender, and you'll certainly want to inform your insurance company, and purchase coverage accordingly.
If you're using the house for just part of the year, make sure to address all maintenance concerns, taking steps, for example, to prevent freezing pipes in the winter months when you're away from your summer home. A vacation home can be wonderful, but there is also a lot of planning that goes into buying and maintaining one.
And that risk is passed on to borrowers in the form of higher interest rates — as much as 0.5 percent higher than primary-residence mortgages. Mortgage insurance rates will also be higher, and you will have to prove that you have more available cash on hand. For example, if you are expected to have two or three months in mortgage payments available in cash for a primary residence, you'll likely need five or six months of available cash for a vacation home.
Loan amounts will also reflect the higher risk taken by the lender. While banks and brokers routinely issue first-home mortgages with just five percent down, lenders will likely require 10 to 20 percent down for a vacation-home loan. If you're planning to rent out the property, that will further increase the risk to the lender, which will probably result in an even higher down payment.
Some buyers choose to forgo a mortgage on their vacation home altogether, and take out a home equity loan on their primary residence to make the purchase. While this saves them the trouble of applying for another mortgage, home equity loan rates are usually higher than mortgage rates. And taking out a home equity loan requires that you put your primary residence up as collateral, so you could conceivably lose your home in the event of serious financial difficulty. Get the Lowdown on Home Equity Loans.
California June 2007 Home Sales
A total of 38,291 new and resale houses and condos were sold statewide last month. That's up 3.6 percent from 36,975 for May, and down 32.8 percent from 56,989 for June 2006. Last month's sales made for the slowest June since 1995 when 36,941 homes were sold. June sales from 1988 to 2007 range from 35,437 in 1993 to 76,669 in 2004. The average is 51,799. On a year-over-year basis, sales have declined the last 21 months.
The median price paid for a home last month was $479,000, down 1.0 percent from the record high of $484,000 for March, April and May. That was down 0.2 percent from $480,000 for June a year ago. The year-over-year decline in median was the first since January 1996 when the then-median of $146,000 was down 2.0 percent from $149,000 a year earlier.
The typical mortgage payment that home buyers committed themselves to paying last month was $2,319. That was up from $2,266 in May, and down from $2,372 for June a year ago, the current cycle's peak. Adjusted for inflation, mortgage payments are 10.1 percent above the spring 1989 peak of the prior real estate cycle.
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. The numbers cover all sales, new and resale, houses and condos.
Indicators of market distress continue to move in different directions. Financing with adjustable-rate mortgages has declined significantly. Foreclosure activity is rising, although foreclosure properties are not yet a drag home on home values in most markets. Down payment sizes are stable, flipping rates and non-owner occupied buying activity is down, DataQuick reported.
| All Homes | No Sold | No Sold | Pct. | Median | Median | Pct. |
| | 8,844 | 6,809 | -23.0% | $520,000 | $547,500 | 5.3% |
| | 2,982 | 2,391 | -19.8% | $640,000 | $640,000 | 0.0% |
| | 4,763 | 2,769 | -41.9% | $415,000 | $399,000 | -3.9% |
| | 3,500 | 2,008 | -42.6% | $366,500 | $355,000 | -3.1% |
| | 3,584 | 3,106 | -13.3% | $500,000 | $489,000 | -2.2% |
| | 941 | 784 | -16.7% | $614,000 | $582,500 | -5.1% |
| SoCal | 24,614 | 17,867 | -27.4% | $487,000 | $505,000 | 3.7% |
