Irvine Foreclosure Properties at Irvine CA Real Estate

 

Irvine California now has 268 properties in pre-foreclosure (as of today, August 31, 2011) ~ where notices of default have been recorded, and where no trustee auction sale date has yet been set. 

Irvine CA has 382 homes and properties now scheduled for trustee sale auctions after foreclosure.

 

Irvine CA had 90 homes and properties sold to the banks (lenders) at trustee auctions after foreclosure during the past 120 days.

Irvine CA had 36 homes and properties sold to 3rd parties (investors) at trustee sale auctions during the past 120 days.

Contact us - CLICK HERE - if you want to see a current list of Irvine properties in foreclosure.  

Be careful with this.  Buying foreclosures at trustee sale auctions ~ Orange County and California ~ and is RISKY and is usually done by experienced investors and investor groups. 

 

Click here for active link to see updated list of Irvine REO bank owned properties listed for sale after foreclosure. 

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This is for information only and not the providing of legal or real estate services.  Buying of foreclosure properties is very risky.  For decisions about your own foreclosure property buying and selling situation, you should consult with a lawyer and also an experienced REALTOR.

Harrison K. Long - solutions for real estate and business - REALTOR® and broker associate, GRI - Coldwell Banker Residential Brokerage - 949-854-7747 (phone) - ExploreProperties@gmail.com (email) - CA DRE 01410855 - SFR short sale and foreclosure resource certified by the National Association of REALTORs® - also now serving as an appointed director at California Association of REALTORs®.

            

Contact us - CLICK HERE - about listing, selling and buying of homes and properties at IRVINE and ORANGE COUNTY CA real estate. 

Posted via email from Explore OC Homes

IRS Publications About Real Estate, Home and Property Ownership and Selling

For questions about real estate and income taxes, people should see and read the U.S. Internal Revenue Service published articles about home and property ownership and selling. 

523 ~  SELLING YOUR HOME - click here for link

530 ~  TAX INFORMATION FOR HOMEOWNERS - click here for link

521 ~  MOVING EXPENSES - click here for link 

527 ~  RESIDENTIAL RENTAL PROPERTY - click here for link

534 ~  PROPERTY DEPRECIATION - click here for link

541 ~  TAX INFORMATION ON PARTNERSHIPS - click here for link

551 ~  BASIS OF PROPERTY ASSETS - click here for link

555 ~  FEDERAL TAX INFORMATION ON COMMUNITY PROPERTY - click here for link

561 ~  DETERMINING THE VALUE OF DONATED PROPERTY - click here for link

590 ~  INDIVIDUAL RETIREMENTS ARRANGEMENTS - click here for link

908 ~  BANKRUPTCY AND OTHER DEBT CANCELLATION - click here for link

936 ~  HOME MORTGAGE INTEREST DEDUCTION - click here for link  

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This is for information only and not the providing of tax or legal services.  For decisions about your own property selling and income tax situation, you should consult with the Internal Revenue Service and/or an income tax professional and CPA.

 

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Harrison K. Long - solutions for real estate and business - REALTOR® and broker associate, GRI - Coldwell Banker Residential Brokerage - 949-854-7747 (phone) - ExploreProperties@gmail.com (email) - CA DRE 01410855 - SFR short sale and foreclosure resource certified by the National Association of REALTORs® - also now serving as an appointed director at California Association of REALTORs®.

            

Contact us about listing and selling of homes and properties at ORANGE COUNTY CA real estate.  

Posted via email from Explore OC Homes

Orange County CA Home Buying Trends ~ August 2011

 

Buyer demand for Orange County CA homes is changing with the market adjusting to new normal of after government tax incentives for home buyers (tax incentives ended last year).

Active listings of Orange County CA homes for sale inventory was down this past month as compared with same time last year, and sellers might be wondering whether they missed the best time to sell.

Expected average market time for Orange County CA homes to sell as of August 18, 2011:

• Orange County overall - 3.5 months
• Homes under $500k - 2.5 months - hot market favors sellers 
• Homes $500k to $750k - balanced and does not favor buyers or sellers  
• Homes Above $1 million - cold market and favors buyers

Broker Steve Thomas says that ORANGE COUNTY CA homes sales average market time is 3.5 months, and his calculation is based on number of PENDING SALES as compared with number of listings.

 

Distressed property market shows lots of buyer competition.  Short sales are 27% of active Orange County for sale listings, and average market time for short sales is 2.5 months (hot market and favors sellers). 

• Orange County, CA - about 11,000 homes listed for sale as of August 18, 2011 - average market time of 3.46 months - quicker market than last year - average list price of $898k
• Irvine CA - 807 homes listed for sale - average market time of 3.36 months - slower market than last year - favoring sellers - average current list price of $884k
• Costa Mesa CA - 245 homes listed for sale - market time of 2.92 months - quicker market than last year and favors sellers - average list price of $547k
• Newport Beach CA - 578 homes listed for sale - average market time of 9.63 months - about same as last year - favoring buyers - average list price of $2.2 million
• Mission Viejo - 385 homes listed for sale - average market time of 3.06 months - about same as last year - average list price of $522k
• Aliso Viejo - 252 homes listed for sale - average market time of 2.5 months - about same market time as last year - average list price of $457k
• Huntington Beach - 647 homes listed for sale - average market time of 3.2 months - slower market than last year - average list price of $756k

By the way, the Orange County CA $437,000 median home sold price (as of early August) was 32 percent below June 2007’s peak of $645,000. 

Please CONTACT US HERE for information about selling or buying Orange County homes and properties. 

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Source of some information is Steve Thomas, real estate broker, and OCRegister.com.

Harrison K. Long - solutions for real estate and business - REALTOR® and broker associate, GRI - Coldwell Banker Residential Brokerage - 949-854-7747 (phone) - ExploreProperties@gmail.com (email) - CA DRE 01410855 - SFR short sale and foreclosure resource certified by the National Association of REALTORs® - also now serving as an appointed director at California Association of REALTORs®.

            

Contact us about listing and selling of homes and properties at ORANGE COUNTY CA real estate.  

Posted via email from Explore OC Homes

Orange County CA Home Buying Trends ~ August 2011

 

Buyer demand for Orange County CA homes is changing with the market adjusting to new normal of after government tax incentives for home buyers (tax incentives ended last year).

Active listings of Orange County CA homes for sale inventory was down this past month as compared with same time last year, and sellers might be wondering whether they missed the best time to sell.

Expected average market time for Orange County CA homes to sell as of August 18, 2011:

• Orange County overall - 3.5 months
• Homes under $500k - 2.5 months - hot market favors sellers 
• Homes $500k to $750k - balanced and does not favor buyers or sellers  
• Homes Above $1 million - cold market and favors buyers

Broker Steve Thomas says that ORANGE COUNTY CA homes sales average market time is 3.5 months, and his calculation is based on number of PENDING SALES as compared with number of listings.

 

Distressed property market shows lots of buyer competition.  Short sales are 27% of active Orange County for sale listings, and average market time for short sales is 2.5 months (hot market and favors sellers). 

• Orange County, CA - about 11,000 homes listed for sale as of August 18, 2011 - average market time of 3.46 months - quicker market than last year - average list price of $898k
• Irvine CA - 807 homes listed for sale - average market time of 3.36 months - slower market than last year - favoring sellers - average current list price of $884k
• Costa Mesa CA - 245 homes listed for sale - market time of 2.92 months - quicker market than last year and favors sellers - average list price of $547k
• Newport Beach CA - 578 homes listed for sale - average market time of 9.63 months - about same as last year - favoring buyers - average list price of $2.2 million
• Mission Viejo - 385 homes listed for sale - average market time of 3.06 months - about same as last year - average list price of $522k
• Aliso Viejo - 252 homes listed for sale - average market time of 2.5 months - about same market time as last year - average list price of $457k
• Huntington Beach - 647 homes listed for sale - average market time of 3.2 months - slower market than last year - average list price of $756k

By the way, the Orange County CA $437,000 median home sold price (as of early August) was 32 percent below June 2007’s peak of $645,000. 

Please CONTACT US HERE for information about selling or buying Orange County homes and properties. 

__________________________________________________ 

Source of some information is Steve Thomas, real estate broker, and OCRegister.com.

Harrison K. Long - solutions for real estate and business - REALTOR® and broker associate, GRI - Coldwell Banker Residential Brokerage - 949-854-7747 (phone) - ExploreProperties@gmail.com (email) - CA DRE 01410855 - SFR short sale and foreclosure resource certified by the National Association of REALTORs® - also now serving as an appointed director at California Association of REALTORs®.

            

Contact us about listing and selling of homes and properties at ORANGE COUNTY CA real estate.  

Posted via email from Explore OC Homes

Rancho Mission Viejo Rodeo at San Juan Capistrano CA ~ August 27 and 28, 2011

  Rancho Mission Viejo Rodeo - August 27 and 28, 2011

Celebrating early Orange County CA cowboy history

Entertainment for the family ~ with biggest names in rodeo contestants in saddle bronc and bareback riding, tie-down roping, steer wrestling, bull riding and team roping. 

Golden age of early California and the American West, Rancho Mission Viejo celebrates the cowboy way of life.

 

This rodeo event carries cowboy tradition of "passing the hat", and all proceeds will benefit local charities.

We plan to attend this annual fun-planned event today.

The RANCHO MISSION VIEJO RODEO event will take place at the Oaks Blenheim Rancho Mission Viejo Riding Park, located at the intersection of Ortega Highway and Antonio Parkway/La Pata on the western border of the Rancho Mission Viejo in South Orange County.

 

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www.ExploreTheOC.com

 

www.LiveAtOrangeCounty.com

 

www.NewportCoastLive.com

 

www.LiveAtLagunaBeach.com

 

Posted via email from Explore OC Homes

Laguna Beach CA Single Level Homes with Ocean Views

 

Laguna Beach at Orange County CA has many interesting residential properties at this unique art-oriented city.

19 Single Level Homes at LAGUNA BEACH WITH OCEAN VIEWS are now listed.

 

 

 

Laguna village home with ocean views ~ $5,459,000 ~ 8 bedrooms and 6 baths - MLS# S665535 ~ idx link

 

 

 

 

It's amazing that Laguna has so many excellent single level homes with ocean views.  

 

 

 

 

 

Emerald Terrace home at Laguna ~ $2,495,000 ~ 4 bedrooms and 3 baths ~ MLS# U11001802 ~ idx link

 

 

 

 

Laguna Beach home building mostly started after 1946, and those early properties have almost all been renovated. 

 

 

 

Mystics Hills home at Laguna Beach ~ $2,179,000 ~ 3 bedrooms and 3 baths ~ MLS# L35767 ~ idx link

 

 

 

 

 

 

CLICK HERE TO SEE ACTIVE LINK TO LAGUNA BEACH CA SINGLE LEVEL HOMES WITH OCEAN VIEWS NOW LISTED.  

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See my recent articles about LAGUNA BEACH CA real estate @

Laguna Beach CA Homes for Rent at South OC Real Estate 

Short Sale Trends at Laguna Beach CA Real Estate 

Laguna Beach REO Bank Owned Homes for Sale After Foreclosure

Top 3 Deals for Short Sale Buyers at Laguna Beach CA

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Source of some information is Southern California Multiple Listing service and other is IDX link to listing information.

Harrison K. Long - solutions for real estate and business - REALTOR® and broker associate, GRI - Coldwell Banker Residential Brokerage - 949-854-7747 (phone) - ExploreProperties@gmail.com (email) - CA DRE 01410855 - SFR short sale and foreclosure resource certified by the National Association of REALTORs® - also now serving as an appointed director at California Association of REALTORs®.

            

Contact us about listing and selling of homes and properties at LAGUNA BEACH and ORANGE COUNTY CA real estate. 

Posted via email from Explore OC Homes

Pageant of the Masters 2011 at Laguna Beach CA

 

Laguna Beach's annual "Pageant of the Masters" 2011 

Finishing its summer run on August 31, 2011 ~ at 650 Laguna Canyon Road, Laguna Beach, CA  

See event web site ~ Festival of Arts/Pageant of Masters  

Actors re-create works of art in spectacular living tableaux with narration and live orchestra. 

Theme for this year's PAGEANT is "ONLY MAKE BELIEVE." 

The "Pageant of the Masters" is Laguna's most famous attraction, where more than 500 volunteers are transformed into life-sized re-creations of some of the world's famous works of art.

 

 

 

 

 

 

 

 

 

 

 

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Harrison K. Long - solutions for real estate and business - REALTOR® and broker associate, GRI - Coldwell Banker Residential Brokerage - 949-854-7747 (phone) - ExploreProperties@gmail.com (email) - CA DRE 01410855 - SFR short sale and foreclosure resource certified by the National Association of REALTORs® - also now serving as an appointed director at California Association of REALTORs®.

Posted via email from Explore OC Homes

Tustin Ranch Short Sales at Tustin CA Real Estate ~ Investor Opportunities

TUSTIN RANCH CA ~ SHORT SALES and investor opportunities at Tustin CA real estate.

 

 

 

Emerson home ~ Tustin Ranch short sale ~ $2,020,000 ~ 5 bedrooms and 5 baths ~ MLS# S661163 ~ idx link

 

 

 

 

 

Tustin Ranch CA was originally part of the Irvine Ranch land preserve at Orange County and planned by The Irvine Company.  

 

TUSTIN RANCH has more than 25 SHORT SALE homes for sale listings at the present time. 

 

 

 

Vidorra home ~ Tustin Ranch short sale ~ $595,000 ~ 3 bedrooms and 3 baths ~ MLS# P779025 ~ idx link

 

 

 

Tustin Ranch had 28 short sales sold with closed escrows so far this year since January 1, 2011 ~ average sold price for these was $418,657 ~ See Investor buyer opportunities at TUSTIN RANCH CA and SHORT SALES.     

 

Valencia home ~ Tustin Ranch short sale ~ $549,900 ~ 3 bedrooms and 3 baths ~ MLS# P788133 ~ idx link

 

 

 

 

Click here to see link to all current TUSTIN RANCH CA short sale listings ~ Investor buyer opportunities at Tustin CA real estate

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Source of some information about Tustin Ranch CA real estate is SoCal Multiple Listing service and other is IDX link to listing information.

Harrison K. Long - solutions for real estate and business - REALTOR® and broker associate, GRI - Coldwell Banker Residential Brokerage - 949-854-7747 (phone) - ExploreProperties@gmail.com (email) - CA DRE 01410855 - SFR short sale and foreclosure resource certified by the National Association of REALTORs® - also now serving as an appointed director at California Association of REALTORs®.

            

Contact us about listing and selling of homes and properties at TUSTIN RANCH and ORANGE COUNTY CA real estate. 

Posted via email from Explore OC Homes

Turtle Ridge Homes Selling at Irvine CA Real Estate

 

TURTLE RIDGE VILLAGE at IRVINE CA REAL ESTATE has some of the most magnificently designed and situated homes in the hills of the city adjacent to Newport Coast. 

 

 

 

 

Turtle Ridge home by Laing Luxury ~ $3,995,000 ~ 5 bedrooms and 7 baths ~ MLS# S668292 ~ idx link

 

 

TURTLE RIDGE VILLAGE was developed by The Irvine Company and has about 1,400 homes designed and built between 2004 and 2009. 

 

 

 

Amberhill home at TURTLE RIDGE home ~ $2,498,000 ~ 4 bedrooms and 5 baths ~ MLS# S658199 ~ idx link

 

 

 

 

TURTLE RIDGE VILLAGE offers homeowners luxury and privacy at this gated community.  

 

 

 

 

 

The Summit home at Turtle Ridge ~ $1,950,000 ~ 5 bedrooms and 5 baths ~ MLS# S657689 ~ idx link

 

 

 

 

 

 

 

 

Ledges home at Turtle Ridge ~ $1,695,000 ~ 4 bedrooms and 5 baths ~ MLS# S606897 ~ idx link

 

 

 

 

 

 

 

 

 

 

Arborel home at Turtle Ridge ~ $750,000 ~ 3 bedrooms and 3 baths ~ MLS# S658778 ~ idx link

 

 

55 TURTLE RIDGE VILLAGE homes have sold so far this year at Irvine real estate ~ with average sold price of $1,102,127 ~ 39 of those sold TURTLE RIDGE homes were single family detached, and others were condo homes. 

Click here to see active link to all TURTLE RIDGE VILLAGE at Irvine real estate homes now listed.

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Source of some information is Southern California Multiple Listing service and other is IDX link to listing information.

Harrison K. Long - solutions for real estate and business - REALTOR® and broker associate, GRI - Coldwell Banker Residential Brokerage - 949-854-7747 (phone) - ExploreProperties@gmail.com (email) - CA DRE 01410855 - SFR short sale and foreclosure resource certified by the National Association of REALTORs® - also now serving as an appointed director at California Association of REALTORs®.

            

Contact us about listing and selling of homes and properties at TURTLE RIDGE and IRVINE and ORANGE COUNTY CA real estate. 

Posted via email from Explore OC Homes

Citibank and Mortgage Servicers Now Offering Distressed Property Owners Big Money to do Short Sales

 

Citibank is now offering some distressed homeowners up to $35,000 to encourage them to AVOID FORECLOSURE and SHORT SALE their property (certain terms and conditions apply). 

Citibank is like some other major mortgage loan servicers (Bank of America, Wachovia and Chase Bank) who offer incentives and payment to sellers for them to participate in a SHORT SALE as opposed to letting their homes go to foreclosure. 

 

Lenders and their servicers would rather participate in a SHORT SALE than foreclose on a property. 

Lenders usually lose and spend lots of money on foreclosure processing, then they must keep property on their books as non-performing, then part of shadow inventory to be cleaned and cared for according to government regulations, and eventually spending even more money to list and sell bank owned properties.

Short sales now account for 25% of the liquidation of distressed properties (during this summer of 2011).

However, SHORT SALES continue to present challenges for owner/sellers and their agents: (a) short sales take lots of time, sometimes from 3 to 12 months waiting for lender approval or not, (b) investors fight with each other over whether or not to approve short sales, (c) servicers and their negotiators are swamped with applications, and (d) servicing agents don't always get their own investor procedures right.

 

Distressed property owners should always AVOID FORECLOSURE and hire an experienced real estate agent in their local area to advise about alternatives and try a SHORT SALE. 

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Source of some information is Melissa Zavala, real estate blogger, Carlsbad, CA ~ www.ShortSaleExpeditor.com.  This is not the providing of legal or income tax services.  If you are a distressed property owner, you should consult with a lawyer and/or income tax professional about avoiding foreclosure and whether a short sale is right for you. 

Harrison K. Long - solutions for real estate and business - REALTOR® and broker associate, GRI - Coldwell Banker Residential Brokerage - 949-854-7747 (phone) - ExploreProperties@gmail.com (email) - CA DRE 01410855 - SFR short sale and foreclosure resource certified by the National Association of REALTORs® - also now serving as an appointed director at California Association of REALTORs®.

            

Contact us about short sales and real estate ~ listing and selling of homes and properties @ Orange County, California. 

Posted via email from Explore OC Homes