Phillips Ranch Condo For Sale $468,000

Bedrooms:	3
Baths (FTHQ):	3

Year Built:	1997
Sqft/Source:	1,752

Lot Sqft/Source: 3,550

Property Description: Excellent location. Move in condition, good design 1997 built, 3BR 2.5BA, 1752 SF. High ceilings newer kitchen w/granite counter tops. MBR W/Huge walk-in closet. Fireplace in family RM&MBR. View from backyard & MBR. Easy FWY 57, 10&60 Access.

Phillips Ranch House For Sale $525,000

Bedrooms:	4
Baths (FTHQ):	3

Year Built:	1980
Sqft/Source:	1,938

Lot Sqft/S: 5,000

Property Description: Great Primary location in Phillips Ranch, Near green belt area and parks! Nice and quite neighbors, large 2 stories single family house in red tile roof with great view in the back yard-----snow mountain and city lights...... high ceiling, wood floor, large master bedroom with view and large master bath. Good and clean conditions; Nice schools, close to shopping area and markets, easy access to 60 Fwy and 71 .... Great buy!

Phillips Ranch Condo For Sale

Bedrooms:	3
Baths (FTHQ):	1

Year Built:	1984
Sqft/Source:	1,158

Lot Sqft/S: 1,677
Assoc Dues: $ 220/Mo

Property Description: RARE SINGLE STORY DOWNSTIARS 3 BEDROOM 2 BATH UNIT WITH GOOD LOCATION IN THE COMPLEX. NEWER PAINT, TILE FLOORS IN BATHS, PRIVATE PATIO, CUSTOM PAINT AND CHAIR RAILING, WONDERFUL KTICHEN WITH STOVE, DISHWASHER, ETC. CENTRAL AIR AND FORCED AIR HEATING. FREEWAY CLOSE TO 60/71. ALSO CLOSE TO MSAC AND CAL POLY POMONA

Phillps Ranch House For Sale $525,000

Bedrooms:	4
Baths (FTHQ):	3

Year Built:	1980
Sqft/Source:	1,938

Lot Sqft/S: 5,000

Property Description; Great Primary location in Phillips Ranch, Near green belt area and parks! Nice and quite neighbors, large 2 stories single family house in red tile roof with great view in the back yard-----snow mountain and city lights...... high ceiling, wood floor, large master bedroom with view and large master bath. Good and clean conditions; Nice schools, close to shopping area and markets, easy access to 60 Fwy and 71 .... Great buy!

When to Buy, When to Rent ( 2 )

Though some people think that equity is an automatic feature of buying
any home, that is not universally true and that comes down to time
spent living in a home as well. When you buy, you pledge to pay not
only the purchase price of the home but the interest payments on your
mortgage as well. Over the first few years of payments, much of what
you will be paying goes towards that interest amount and little goes
towards paying down the principle, the purchase price of your home.

For those people that only plan to be in a particular town for a few
years or even shorter, buying a home does not often make sense when
renting offers the ability to perhaps pay less and escape some
financial obligations on things like repairs and particular utilities,
depending on your rental agreement.

Of course, cost of the area also plays a big part in the buying or
renting decision. In some areas, you may be able to purchase a
particular home and pay $1,400 for your mortgage payment, taxes and
associated fees for a property that might otherwise rent for $800 or
so. While I by no means suggest that cost is not an important factor
by not including it in the two biggest factors contributing toward a
buy or sell decision, time spent in a particular property can erase
many of the cost fluctuations seen in a short-term stay at a property.

Of course, there will always be exceptions to every rule and your
situation is unique to you. If you have buying or selling concerns
during the home-buying process, consult a realtor or other real estate
authority that can shed some light on the exact financial situation
you are looking at in either situation. Realtors can provide to you
estimated mortgage payments and other critical information that can
give you a better foundation to make a decision from. It is important
that you feel comfortable with your decision to buy or rent, so do the
best homework possible to ensure a strong, confident decision.

When to Buy, When to Rent.

The line between buying and renting can often be a fine one for people just starting out and wondering which is right for them. The benefits of buying and the attractive prospect of having equity in a home often weigh against the less restrictive nature of renting and the deferred responsibility of home repairs through renting. Making the decision can depend on a variety of factors, but perhaps biggest among them are the general real estate appreciation seen in the area and the time you plan to be in the property.

Real estate market appreciation can be a difficult figure to tie down in regards to a particular area. A considerable amount of data and time is needed to properly do homework on the expected appreciation on a certain home. We have all heard stories about booming areas that have flattened out and seemingly depreciating areas turning around economic fortune.

Real estate appreciation plays a key part in the difference between buying and renting. A quick and dirty rule of thumb states that the cost of buying and then subsequently selling your home is about 10 percent of the purchase price of your home. That 10 percent encompasses things like closing fees, realtor commission and other associated costs. That 10 percent markup is something that needs to be made up for in real estate appreciation of value of the home. If your area does not appreciate by that amount, you probably will not make up the difference.

That rule plays into the second strong factor in deciding whether to buy or rent: the length of time you plan to stay in a particular town or home. If you need to see that 10 percent appreciation to just break even on the transaction costs of buying and selling your home, staying in the home for only a short while does not give the real estate much time to appreciate. The longer you stay in a home, the greater its odds of appreciating in value, ensuring that you not only cover that 10 percent, but then have built up equity in the home as well.

Please Stay Tuned For More Information.

Phillips Ranch House For Sale $519,000

Bedrooms:	4
Baths (FTHQ):	2

Year Built: 1980
Sqft/Source: 2,291
Lot Sqft/S: 7,496

Property Description: Beautiful single family residence in the heart of Phillips Ranch. Two story 4 Bedrooms and 2-1/2 Baths house. Nice open floor plan. Entry with vaulted ceiling leading to spacious living and dining rooms. The large family room with a fire place is next to the kitchen with a nice eating area. From the family room, a sliding door leads to a covered patio with a hillside view, great for entertaining. Separate laundry room near the garage. Extra wide stairs lead to 4 bedrooms upstairs. Master bedroom has both wall and walk in closets. The backyard has a vegetable garden for those who enjoy gardening. Front yard is landscaped with a nice lawn. Newer roof, paint, and appliances.

Tips for your Real Estate Finance & Investment strategy

You may have decided you would like to start investing in property but you are not exactly sure how to go about it. One thing you should do before you begin is to research the financing options that may be available to you.

Most people, when they first begin their endeavor with property investing, find that financing is their only means of purchasing property. The following is some information regarding real estate financing and investment strategy that may be beneficial to you.

When you hear the term “leverage” applied to real estate financing and investment, you will find that this term simply means to use borrowed money for financing your property investment. Your initial investment will be the money that you use for a down payment.

In order for this leverage to be beneficial in your real estate finance and investment strategy, you will want to secure the borrowed money at a low-interest rate and make sure the term of the loan is over the longest period of time that is possible. This is to avoid yourself from being tied up in the property and having least money for your own or other investment usage.

You do have to remember, however, that the risk of your investment is tied in directly with leverage. If you place a small down payment on the property, the leverage is high and the ratio of the amount owed to the value of the property is high, making the property a high risk. The more money you put as a down payment on the property, the lower the leverage and the lower the risk.

Many, in their real estate financing and investment strategy, use pyramiding to acquire more properties. What this simply means is that you are using the equity on one property to help you purchase another.

For example, you purchase a property for $100,000 by making a down payment of $20,000 and borrowing $80,000. The properties value at the time of the purchase is $110,000. Six months later, you have a positive cash flow of $1,000 a month on the property and its value has increased by $40,000 due to your renovations. You now have equity of approximately $70,000 or more in the property.

You take out a home equity loan of $30,000 and this is used for the down payment of another investment property. This is also known as pyramiding and is a real estate finance and investment strategy used by many.

Pyramiding through sale is also another real estate finance and investment strategy used by many, as well. In this method, when your property’s value has increased, you sell instead of taking out a home equity loan.

In the example above, if the same property was sold for its value of $150,000, you would use the money to pay off the initial loan of $80,000, deduct your initial investment of $20,000, what you have paid in interest and principal, as well as the cost of renovations, to discover you’ve made a profit of approximately $25,000 to $30,000 in a matter of a six-month period. This money can then be used as a down payment on another property.

Before you begin investing in property, it is crucial to understand what real estate finance and investment strategy you plan to use. However, it is also important to understand that property investment comes with risk. Research the facts and figures before you make any decision with your real estate finance and investment strategy.

Phillips Ranch Townhouse Lease $1,900

Bedrooms:	3
Baths (FTHQ):	2

Year Built:	1986
Sqft/Source:	1,600

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.

Phillips Ranch Condo For Sale $338,000

Bedrooms:	2
Baths (FTHQ):	2

Year Built: 1982
Sqft/Source: 1,013
Assoc Dues: $ 225/Mo

Property Description:
Nice Upper-Level 2 Bdrms (One Is Master) & 2 Baths In Desirable Phillips Ranch Community. Open And Bright Floor Plan W/ High Ceilings. Living Room W/Custom-Designed Fireplace. Balconies Off The Living Rm And Dining Area. Tile Floor In Bathroom And Kitchen. Laundry Rm,Cntrl Air & Heat. Community Pool And Spa. Easy Access To Fwy 60,57,71,10.

Phillips Ranch Condo For Sale $318,000

Bedrooms:	2
Full Baths:	2

Built:	1984
Square Feet:	1,072

Assoc. Dues: 210

Property Description:
Quiet, Super Sharp Condo, Community Pool/Spa, Easy Access To Freeways, Nice Area Of Country Park Villas In Phillips Ranch. 1-Car Detached Garage.

Phillips Ranch Condo For Sale $279,000

Bedrooms:	2
Full Baths:	2

Built:	1985
Square Feet:	1,149

Assoc. Dues: 220

Property Description:
NEW PAINT, NEW CARPET & WINDOW COVERINGS LIVING ROOM OPENS OUT TO NEW WOODEN PRIVATE PATIO 2 BR HAS THEIR OWN BATH. BEAUTIFULLY UPGRADED 2 STORY SPACIOUS CONDO. PRICED RIGHT TO SELL EASY TO SHOW. DETACHED GARAGE.

Phillips Ranch House For Sale $544,000

Bedrooms:	3
Full Baths:	1
3/4 Baths:	1
1/4 Baths:	1
Built:	1980
Square Feet:	1,687
Lot Size:	5,166

Property Description:
Lots of premium upgrades in this large two-story. Neutral colored 18-inch flooring tile in kitchen with new oak cabinet fronts and pull-out shelving. Premium granite counter tops. New stainless steel dishwasher, range and built-in microwave. Recessed lighting. Large living room with new light oak laminate flooring. Family room with fireplace. Living room, kitchen, and family room overlook wide greenbelt which provides privacy for rear yard. New premium Berber carpeting upstairs. All baths have new tile floors and some new fixtures and lighting. Second fireplace in master suite. New paint throughout. Whole-house water softener. Two-car garage. Great neighborhood conveniently located to schools, shopping, and freeway but far enough away so that road noise isn't an issue. Seller will credit buyer $12,000 for roof which needs replacement.

Phillips Ranch House For Sale $659,000

Bedrooms:	3
Full Baths:	2
1/2 Baths:	1
Built:	1989
Square Feet:	1,929
Lot Size:	5,732

Property Description:
With lush hills as backdrop, tuck in a quiet cul-de-sac, welcome home to this immaculate Victorian Villa where you’ll find old world elegance and modern comfort. Well-manicured backyard with built-in BBQ Island, sparkling pool, relaxing spa and tranquil hills. Hills behind the house is maintained by city.

Delightful front porch welcomes you into living room with marble entry, cathedral ceilings and classic Victorian décor with vibrant hues and rich textures.

Gourmet kitchen opens to family room with fireplace. Family room flows gracefully into game room to include French doors to the backyard. Adding the quality constructed non-permitted 225 sf game room will make the actual sq ft to 2154 sf.

Ascend upstairs to all 3 spacious brs above. Sumptuous master suite with walk-in closet, 2x sinks and oversized tub.

House is situated in one of Phillips Ranch’s newest and most affluent neighborhoods. Excellent schools. Ranch Hills Elementary has over 900 API.

Features:
Cathedral Ceilings,Cul-De-Sac,Direct Garage Access,Driveway,Freestanding,French Doors,Hills View,Trees/Woods View,Turnkey,Utility Room.

Phillips Ranch Townhouse $369,000

Bedrooms: 2 Full Baths: 2 Built: 1987 Square Feet: 1,068 Assoc. Dues: 250 Property Description: Hidden Valley Ranch Gated Community offers a three level open floor plan featuring two bedroom, two bathroom, two car garage, inside washroom, great kitchen, fireplace, private patio, high cathedral ceilings and lots of storage room. Unit is located in the best location of complex. Shows like a model. Turnkey condition shows like a model. Very nice and clean. Submit all offers. Seller will consider paying 6months of association dues.