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Join Us March 10th at Pomona Home and Garden Show | HUD Homebuyer Education

HUD Homebuyer Education

HUD Homebuyer Education

 

Join us! Our next HUD Homebuyer Education Event will be at:

Pomona Home and Garden Show -Booth 282

1101 W McKinley Ave,
Pomona, CA 91769

March 10, 3:30-6pm

PLEASE VISIT US! We will be at the booth speaking to attendees about HUD Home-buying opportunities!

We offer “HUD Homebuyer Education” for buyers interested on puchasing HUD Homes. Please attend one of our workshops to learn how to buy a HUD-owned property in California.

HUD Homebuyer Education presents an amazing opportunity for those looking to  SAVE MONEY when buying a home in Southern California.  Below are just few of the benefits of buying a HUD home:

  • Appraisals are completed on HUD homes before they are listed for sale.  Often times, the homes are listed for sale at or below the appraised value!
  • If you utilize FHA financing, you can use the appraisal completed by HUD saving you hundreds of dollars!
  • Termite reports are provided and section 1 repairs are completed by the seller when using FHA loans.
  • Property Condition Reports (which are similar to a home inspection) are provided to you by HUD at no cost saving you hundreds of dollars!
  • HUD will pay up to $4000 towards lead based paint remediation when the buyer uses FHA financing!
  • Only owner occupants can make offers on HUD owned homes for the first 30 days the home is listed!

Please join us to learn more about the process and benefits of buying a HUD home.  This event is completely free of charge.

Learn How to save Thousands and Enjoy the Benefits of owning a HUD home at our HUD Homebuyer Education events.

You may qualify for:

  • FREE Appraisals
  • FREE Termite Reports
  • FREE Lead Based Paint remediation
  • FREE 15 day Escrow Extensions if needed

LEARN how Owner Occupants get priority!

 

 

We will provide you with information on How to By HUD Homes and what incentives are available for FHA buyers!

Call Jesse Madison for more information at 949-306-8416

 

For more information, please call Jesse at (949) 306-8416

Please contact me at JMadison.Realtor@gmail.com to register for one of our “HUD Homebuyer Education Workshops” near you.

Just Listed! $330,000 2 Bed +Loft Mission Viejo HUD-Owned Condo

Just Listed! $330,000 2 Bed +Loft Mission Viejo HUD-Owned Condo

Mission Viejo HUD-Owned Condo

Mission Viejo HUD-Owned Condo

This Mission Viejo HUD-Owned Condo is located just steps from the Golf Course at Mission Viejo Country Club. Enjoy the lifestyle Finesterra on The Green offers. This 2 Bedroom plus loft Mission Viejo HUD-Owned Condo is just minutes from the 5 freeway and in the heart Mission Viejo. Very walkable area with a Shopping center ( Pavilions) directly across the street within walking distance. This upper level condo has an open living room with vaulted ceilings connected to the formal dining room. Rear patio and back windows offer a lovely Golf Course view. Master bedroom offers sliding glass door access to the Spacious upstairs loft has additional storage areas. There is a comfortably sized kitchen eating area next to the kitchen. Enjoy inside laundry facilities. One car garage carport, wood flooring in hall, Laundry in kitchen dining area with wood floors. Dishwasher and stove in place. Property needs some updating and repairs but is eligible FHA financing with repair escrow.

You must see this Mission Viejo HUD-Owned Condo!

25999 Orbita, Mission Viejo, CA 92691

1 Car Garage and 1 Carport

2BR/2BA Condo offered at $330,000
Year Built 1980
Sq Footage 1,515
Bedrooms 2
Bathrooms 2 full, 0 partial
Floors 2
Parking 1 Car garage
Lot Size Unspecified
HOA/Maint $291 per month

Best Value list week of 2/21/13 | HUD Homes in CA

Don’t miss out on the best deals for Hud Homes in CA. The Best Value list week of 2/21/13 | HUD Homes in CA represents the absolute best pricing available for both investors and owner occupants for HUD Homes in CA.

Get a deal on HUD Homes in CA 

No matter what the offer is, it WILL be considered! Take advantage of one of these HUD Homes in CA before it’s too late! 

Check out this list of Best Deals for HUD homes.

HUD Homes in CA

HUD Homes in CA

 

When looking for the best deals around on HUD Homes for sale in CA, look no further than the Best Value list HUD releases every 7-10 days. These properties represent inventory HUD is ready to release to investors and owner occupant buyers at bargain prices. They will entertain all offers on these homes. However, you must use a licensed and registered HUD broker to submit your offer.

We continually release this list on a regular basis in order to move HUD inventory as quickly as possible. Please check back with us weekly if you are looking for the best pricing available on HUD homes in CA. Remember, these homes are available for investors due to the higher Days on market of these properties. Check Hudhomestore.com to determine whether FHA financing is available on the particular homes. You can also see photos of each property as well.

Please call Jesse at 949-306-8416 for more information on these and other exciting Best Value list HUD Homes for sale in CA! More details can be found at:

http://www.HUDHOMESTORE.com

Investors! Get a deal on HUD Homes.

No matter what the offer is, it WILL be considered! Take advantage of one of these deals before it’s too late! 

Check out this list of Aged inventory for HUD homes.

HUD Homes in CA
HUD Homes in CA

3.8 Tax on Homes Sales | OC Short Sales RE Agent

Description of Obamacare 3.8% tax on Home Sales

The new 3.8 tax on home sales can be confusing to many since the details on Obamacare are just surfacing. Jesse Madison is a real estate broker in Orange County, CA and is not a CPA or attorney. Please consult your accountant regarding all real estate tax issues and all taxes pertaining to the new Obamacare  law.

3.8 tax on home sales
3.8 tax on home sales

However, the California Association of Realtors (CAR) has provided us with their analysis of the 3.8 tax on home sales: See the video above.

What’s True, What’s Not

3.8 tax on home sales: What’s True, What’s Not

The new 3.8 tax on home sales can be confusing to many since the details on Obamacare are just surfacing. Jesse Madison is a real estate broker in Orange County, CA and is not a CPA or attorney. Please consult your accountant regarding all real estate tax issues and all taxes pertaining to the new Obamacare  law.

3.8 tax on home sales

3.8 tax on home sales

However, the California Association of Realtors (CAR) has provided us with their analysis of the 3.8% tax: Here is their video describing what is to come.

What’s True, What’s Not
3.8 tax on home sales

Orange County Walkable Neighborhoods | Understanding Walkability Scores

orange county walkable neighborhoodsOrange County walkable neighborhoods have walkability scores. Here are some keys to understanding walkability scores.

What is a walkability score?

All Orange County walkable neighborhoods will have what is called a walkability score. These scores can range from 0-100 and they indicate how accessible local amenities are for residents who want to accomplish most errands on foot. In Orange County Real Estate For example, The city of Rancho Santa Margarita, CA currently has a walk score of 46 due to the fact that the city is spread out. Some neighborhoods are in close proximity of Art and Community facilities, Shopping, entertainment, health facilities and the like and others are car dependent areas where driving is more likely required. The Rancho Santa Margarita walkability score is not high even though there are areas within the city which are very walkable from certain neighborhoods.

Keep in mind that, of course, even within lower walk score cities you can still live in a neighborhood that is very walkable. Your location within the city will determine how walkable your lifestyle will be. But an overall score can help guide you to cities that are deemed more walkable if desired. The Rancho Santa Margarita walkability score is not high even though there are areas within the city which are very walkable from certain neighborhoods.

Below are walkability scores for Orange County walkable neighborhoods:

City Walkscore Classification
Rancho Santa Margarita 46 Car Dependent
Mission Viejo 54 Somewhat Walkable
Lake Forest 54 Somewhat Walkable
Irvine 54 Somewhat Walkable
Laguna Niguel 50 Somewhat Walkable
Aliso Viejo 55 Somewhat Walkable
Laguna Hills 55 Somewhat Walkable
Foothill Ranch 75 Very Walkable
Dana Point 61 Somewhat Walkable
San Clemente 47 Car Dependent
San Juan Capistrano 46 Car Dependent
Capistrano Beach 66 Somewhat Walkable
Laguna Woods 63 Somewhat Walkable
Laguna Beach 49 Car Dependent
Newport Coast 15 Car Dependent
Trabuco Canyon/ Coto De Caza 29 Car Dependent
Ladera Ranch 40 Car Dependent
Tustin 59 Somewhat Walkable
Costa Mesa 71 Very Walkable
Orange 59 Somewhat Walkable
Villa Park 46 Car Dependent

 

orange county walkable neighborhoods

Walkability Score Chart

 

 

Why is it important?- Some buyers want to move from one high Orange County walkable neighborhood city to another so that they can maintain the lifestyle they want. Whether they like the proximity to save time and gas or whether they like to stay fit and walk to local establishments, they are looking for the proximity and convenience that high walk score cities have to offer.

Buyer benefits include:

  • Overall higher probability  and potential to lose weight and stay fit.
  • Save Money with lower transportation costs.
  • Higher level (on average) of community involvement.

Seller benefits include:

  • Studies show that homes with above average walk scores are worth $4,000 to $34,000 more than similar but less walkable homes.
  • An additional feature to attract potential buyers you may not have otherwise considered.

So when it comes time to sell your home in Orange County, know about Orange County walkable neighborhoods and you can better market your home to prospective buyers.It may just make the difference!

 

 

Understanding Walkability Scores in Orange County, CA

Understanding Walkability Scores in Orange County, CA

You can find the walk score for your city at www.walkscore.com

Buyers Choice Program- Buyers Can Now Choose HUD Closing Agent in Orange County

Buyers Choice Program- Buyers Can Now Choose HUD Closing Agent in Orange County when buying a HUD Home! This new program  is being rolled out in Orange County on Feb 15.

Breaking News

Breaking News

 

HUD will be implementing a “Buyers Choice ” closing agent trial program for properties located in the counties of Orange, San Diego, Imperial and Riverside, California. With the Buyers Choice Program, all buyers whose contracts are executed on or after February 15, 2013 will be able to choose their own HUD Closing Agent/ escrow company. Please note escrow fees for the Buyers Choice program will now be a buyer expense. However, if the buyer chooses to utilize the HUD Closing Agent chosen by HUD (Cimarron Escrow), the escrow fee will be paid by HUD automatically.

The new program will improve closing times on the sale of HUD Homes and offer buyers more flexibility than before.

If you need assistance with HUD Homes in Orange County please call Jesse Madison, Local Listing Broker for HUD properties by PEMCO, HUD’s Asset Manager. When choosing a HUD Closing Agent that has experience with HUD properties you can depend on Jesse Madison to advise you and help you make good decisions. You can learn more about How to buy HUD Homes here.

 

 

 

Santa Ana HUD Home SFR Listed at $365,000

Santa Ana HUD Home SFR Listed at $365,000

1513 N Linwood Avenue, Santa Ana, CA, 92701

HUD HOME!

Santa Ana HUD Home

This Santa Ana HUD Home offers a nice sized lot with Detached Garage. Wood flooring, Fireplace in Living Room. This HUD owned home is available for only owner occupants at this time but wil be available for FHA financing. with a repair escrow to address some minor repair issues. It is also available for FHA 203K, Conventional financing or cash purchases. Don’t miss out on this great HUD Home.

Santa Ana HUD Home

 

 

 

 

 

You can learn more about the HUD Selling process at www.HUDHomeStore.com

Or watch our Video here

Record Low interest Rates! Save Thousands – See How

With record low interest rates…now is the time to buy!

Do not wait too long to buy a home as right now there are record low interest rates. you can save thousands on your payments over the course of the year.

See how in the chart below:

Record low interest rates not only will help you on purchasing a new home. But if you refinance your existing loan you can also have substantial savings on your mortgage payments. You can save thousands of dollars!

If you need help taking advantage of Record low interest rates and you would like to purchase a home in Orange County please call us right away at 949-306-8416!

Dontwaittobuy_carrie.edits_1.9.13

 

This graph shows the payments on a 30 year mortgage but you can also obtain a 15 year mortgage and save even more with just a slightly higher monthly payment. Buyers that can afford to should consider converting their 30 year mortgage to a 15 year mortgage so that they can save substantially during the life of the loan. Call Jesse today to find out just how much you can save by switching to a 15 year mortgage when you buy a home.

Search for Homes FREE Orange County Home Search Here!

Beautiful HUD Owned Condo in Aliso Viejo! $328,000 FHA approved!

HUD Owned Condo in Aliso Viejo

screenshot Via Bacchus

 

 

 

 

 

 

 

 

 

35 Via Bacchus, Aliso Viejo, CA 

FHA Financing ok. Buy with just 3.5% down!

2BR/2BA Condo offered at $328,000

 

HUD Owned! Laminate Wood Floors with Fireplace in Living Room. 2 level condo. Assoc Pool. Nicely upgraded HUD Home. FHA financing is approved for this home. You can qualify with only 3.5% down. The home is available only for owner occupant buyers for the first 30 days. Investors may not make offers during this time.

Only Brokers with valid NAID numbers are eligible to submit offers for buyers on this property.

HUD Homes offer terrific benefits to FHA Buyers:

  • FHA buyers can get section 1 termite repairs completed for free.
  • FHA Appraisals have already been done on HUD Owned Homes. Therefore if you buy a listing with a valid appraisal the appraisal is free!
  • Hud will also pay for up to $4000 worth of Lead Based Paint repairs on pre-1978 properties.
  • If the condo complex is no longer FHA approved, HUD will still approve an FHA loan on a HUD owned home.
Year Built 1990
Sq Footage 1,162
Bedrooms 2
Bathrooms 2 full, 0 partial
Floors Unspecified
Parking 1 Car garage
Lot Size 3,049 sqft
HOA/Maint $299 per month