You Will find a Wealth of Information on this Blog.

You’ll find our blog to be a wealth of information, covering everything from local market statistics and home values to community happenings. That’s because we care about the community and want to help you find your place in it. Please reach out if you have any questions at all. We’d love to talk with you!

 

April 26, 2018

WE DID IT AGAIN!

We just wanted to let you know 15863 Ninya Avenue in Moreno Valley just SOLD!

For Complete Details and Description Please Click Here

Property Description:

Terrific home offering great curb appeal with a Sparkling Pool & Spa. The Home shows great and offers a bedroom and bath on the main floor. The kitchen also has a convenient pantry. Area's on the main floor features Tiles and carpeting. The kitchen offers ceramic counter tops. There are 2 additional bath rooms upstairs and featuring a Master bedroom with walk in closet. The private yard offer's gardening and area to relax and to entertain.

Click Here to View Gallery and More

 

 Courtesy of Mike Patel,   

First Team Real Estate Christie’s International .   www.mikepatel.com

 714-470-8600    dre 01146880 

Posted in Real Estate
April 17, 2018

The Truth about Lead-Based Paint Liability

You might of recently heard about the liability of lead-based paint, to find out more information whether this is true of false, read below.. 

If you are a homeowner in the state of California, you may have see recent new that you will be held criminally liable if your home contains lead-based paint. This is NOT true and is simply a scare tactic being used by paint manufactures that recently lost a court ruling...

 

A recent California court ruling found that paint companies created a public nuisance by promoting lead-based paint for interior residential use.

The court did NOT designate individual home containing lead-based paint as public nuisances and did NOT find individual homeowners liable for the creation of the nuisance. 

The court did not order current homeowners or sellers to re mediate lead-based paint in their homes.

Paint companies are attempting to qualify an initiative on the November ballot to absolve themselves of liability by shifting the burden of lead-based paint remediation cost on the backs of California taxpayers.  

 Courtesy of Mike Patel,   

First Team Real Estate Christie’s International .   www.mikepatel.com

 714-470-8600    dre 01146880 

 

Search For Home's Below
Posted in Life Hacks
April 16, 2018

Boost Your Credit Score

Want to boost your credit score, regardless of your age?...

Read these tips below to achieve a better credit score!

Its never been easy to learn more about your credit score and history. As a result, peoples score are higher then ever. Age is an advantage with older Americans having higher credit scores than younger ones, VantageScore, which was created by the credit reporting agencies Experian, TransUnion and Equifax, details this trend. Then VantageScore ranges from 300 to 850, with 850 signifying exceptional credit. 

Average VantageScore by Generation

730- Silent Generation (born between 1925 and 1943)

700- Baby Boomers (born between 1947 and 1966)

655- Generation X (born between 1967 ans 1981)

634- Millennial's (born between 1982 and 1995)

631- Generation Z (born between and later)

 

  • Younger consumers tend to have lower incomes than older consumers.
  • A long credit history contributes to a higher score.
  • Younger consumers may not have a well-rounded mix of credit types.
  • Keep making payments on time .
  • Use credit responsibly.
  • Avoid carrying high balances on your credit card.

How is your credit score calculated?

35% Payment history

30% Amounts owed

15% Credit history 

10% Inquiries, new credit lines

10% Types of credit in use

 

 

 Courtesy of Mike Patel,   

First Team Real Estate Christie’s International .   www.mikepatel.com

 714-470-8600    dre 01146880 

 

Search For Home's Below
Posted in Life Hacks
April 12, 2018

Just Sold 1019 S Cedar Ave, Fullerton, CA 92833

Just Sold 1019 Cedar Ave, Fullerton, CA 92833

For complete details and description please click here

This was a Bankruptcy Sale and the house needed a lot of work that needed to be done.  

Property Description..

This home features 3 bedrooms, 1.5 baths, a 1 car garage and a large drive way. Lots of potential but home needs TLC. This is a cosmetic fixer... Kitchen to living room. Close to schools, freeway and shops. Bring your tools as there is some work needed. There is a patio that was added on approximately 400 sq ft( may not be permitted). The private yard offers a waterfall and lawn.

Click Here to View Gallery and More Info

Courtesy of Mike Patel,   

First Team Real Estate Christie’s International .   www.mikepatel.com

 714-470-8600    dre 01146880 

 

Posted in Real Estate
April 10, 2018

Tips for Surviving The Remodel

Tips For Surviving the Remodel

More than half of couples who complete a remodeling project with a spouse of domestic partner have admitted to arguing during the process, and 3% even considered separation or divorce!  

See what couples argued about the most and how to remodel-proof your relationship.

Problem Areas

 Budget- 48%    Unexpected cost-34%    Timeline- 34%

 Paint color- 30%    Interior Design-27%   Floor plan- 18%

 

Pro Tip: Communicate with your partner and be respectful for the other person's perspective even if you disagree with it. Validate their opinion while verbalizing yours. 

 

 

Courtesy of Mike Patel,   

First Team Real Estate Christie’s International .   www.mikepatel.com

 714-470-8600    dre 01146880 

Posted in Life Hacks
April 5, 2018

California Dreamin'

After hitting a 10-year low in Q3 2017, slightly lower home prices and steady mortgages rates allowed more Californians to realize the dream of home-ownership and purchase a home in the fourth quarter of 2017.

  • 29 % of California households that could afford to purchase a median-priced home.
  • 37% of Californians who could afford to purchase a median-priced condo or town home. 

$550,990                                          $111,260

Median price of a single-family,                                      Minimum annual income needed to qualify for the purchase

existing home in California.                                           of a median-priced, existing single-family home.

 

$449,720                                         $90,810

Median-price if a condo/town                                         Minimum annual income needed to afford monthly mortgage 

home in California                                                        payments on a median-priced condo/town home in California,

                                                                                  including principal, interest and taxes.   

 

Most Affordable                           Least Affordable

Tehama (56%)                                                       San Francisco (12%)

Kern (54%)                                                            San Mateo (14%)

Sutter, Tulare, and Kings (52%)                              Santa Clara (15%)

 

 

Courtesy of Mike Patel,   

First Team Real Estate Christie’s International .   www.mikepatel.com

 714-470-8600    dre 01146880 

Posted in General tips
March 30, 2018

New Rules of Property Management

The New Rule of Property Management

10 Rules For Today's Property Investor ...

 

  • Rule One- 

Treat tenant inquiry just as you would sales inquiry: 

First Team Real Estate dedicates property managers for responding to all tenant inquiries within 5 minutes. 

  • Rule Two-

Get The Pricing Edge: 

Use local market knowledge and statistics to set your rental rate accurately the 'first' time. 

  • Rule Three-

Use enhanced visual representation:

The intangibles become tangibles. 

  • Rule Four- 

Essentials advice so you can decide on strategy and action:

Strategic decisions made with confidence and instructions acted upon. 

  • Rule Five- 

A well-maintained home attracts a well maintaining tenant: 

Repairs, restorations, and replacements left unresolved or delayed cause tenants to feel disturbed, disillusioned, and disconnected from the property. 

  • Rule Six- 

Treat your investments property just as you would a business:

Invest in success and results. 

  • Rule Seven- 

Time is of the essence: 

Tasks with timelines. 

  • Rule Eight- 

Set the boundaries from the onset:

Induction creates cooperation through understanding. 

  • Rule Nine- 

Know the tenant your property will attract:

Secure the possible tenant in the shortest possible time for the longest possible term for the highest possible rent. 

  • Rule Ten- 

Focus on service and results. not on fees charged:

You can save hundreds of dollars in fees or earn tens of thousands of dollars in income and property asset value. 

 

 

Courtesy of Mike Patel,   

First Team Real Estate Christie’s International .   www.mikepatel.com

 714-470-8600    dre 01146880 

Posted in General tips
March 27, 2018

Homes For Sale in Orange Between $1Million- $2Million

Want to move to the city of Orange? Now is your chance, take a look at these well designed and conveniently located homes for sale...

Click Here to View Homes For Sale

Courtesy of Mike Patel,   

First Team Real Estate Christie’s International 

 714-470-8600    dre 01146880 

 

Posted in Real Estate
March 27, 2018

Homes For Sale in Yorba Lina Between $1 Million - $2 Million

Yorba Linda is located in northern Orange County. The city is know for its beautiful views and a safe city to live in. Check out these gorgeous homes for sale...

Click Here to View Homes For Sale

 

Courtesy of Mike Patel,   

First Team Real Estate Christie’s International 

 714-470-8600    dre 01146880 

Posted in Real Estate
March 23, 2018

Townhouse/Condos For Sale in Anaheim Hills

Anaheim Hills is a wonderful place to live, there are numerous of things to do while living here. With Disneyland about 10 minutes away, the notorious Southern California beaches 25 minutes away and tons of places to enjoy a night out with family & friends, Anaheim Hills should definitely be on top of your "places to live" list. Check out these spacious and well maintained Townhouse/Condos in Anaheim Hills for sale...

Click Here to View Condos For Sale 

                                                

 Courtesy of Mike Patel,   

First Team Real Estate Christie’s International 

 714-470-8600    dre 01146880