Menifee, CA Real Estate News

By Ryan Case, 877-828-0710
(SCA Real Estate)
Lloyd Cullen Real Estate is a local Menifee Short Sale Realtor. As a Menifee Short Sale Company that specializes in short sales, you are assured the highest standard of professionalism and can always count on our Menifee Short Sale Expert to help answer any questions you have in regards to Menifee Short Sales. Menifee Short Sale Agent Lloyd Cullen is a local Menifee Short Sale Expert with experienced short sale Realtors here to assist you.   Menifee Short Sale Agent We specialize in Short Sales for Menifee and Surrounding Areas If you are considering short selling your Menifee home, chances are that you are already in a scary situation. Having a hard time financially is one of the greatest stressors among Americans today. A very qualified Menifee Short Sale Agent can help you make an in...
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By Ryan Case, 877-828-0710
(SCA Real Estate)
Lloyd Cullen Real Estate is a local Menifee Short Sale Realtor. As a Menifee Short Sale Company that specializes in short sales, you are assured the highest standard of professionalism and can always count on our Menifee Short Sale Expert to help answer any questions you have in regards to Menifee Short Sales. Menifee Short Sale Expert Lloyd Cullen is a local Menifee Short Sale Expert with experienced short sale Realtors here to assist you.   Menifee Short Sale Expert We specialize in Short Sales for Menifee and Surrounding Areas What is the one thing that is scaring you the most about possibly short selling your Menifee home? Chances are that you are most afraid of not knowing exactly is going to happen if you decide to hire a Menifee Short Sale Expert. You may be nervous about making ...
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By Sherry Kotvis -Work. Live. Play, Have A Life Worth Living!
(eXp Realty)
Palmilla on the Green, Menifee CA 92584 As a local area specialist in Palmilla on the Green I have sold many properties for homeowners in this community. Palmilla is a fantastic small senior community with just 272 homes. The community has a clubhouse with regularly scheduled activities so that everyone can get to know their neighbors as well as a community pool. During the summer many residence enjoy the hot summer days by relaxing around the pool and enjoying each others company. In the evening you see neighbors walking their dogs and enjoying the scenery of the mountains. This is such a great little community for seniors (55+) whether you are looking for a full or part time residence. Currently the inventory is very low. There is just one property available and it is located on the g...
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By Sherry Kotvis -Work. Live. Play, Have A Life Worth Living!
(eXp Realty)
I recently went on a Standard Sale listing appointment in an area I specialize in here in Menifee. This was a referral from another client where I had successfully sold their home in a neighborhood just across the street. I love referrals because clients talk and when a referral comes in I feel pretty confident. Afterall, I obviously did  great job otherwise I never would have had the opportunity or received the phone call. So I met with the sellers. It was actually the daughter and her mom had passed away a couple years ago. The house had been sitting non occupied but you could see when entering the home there were still many memories left in the house. It was heartbreaking because the daughter had not yet let go of those memories. Most of the furniture was left in tact, linens in the ...
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By Stefan West, Temecula-Murrieta-Menifee CA Real Estate
(West Realty)
Happy April! I hope you all were able to get your taxes done with plenty of time and little stress. I want to get right into my analysis because there have been some very interesting stats being thrown into the mix here. When I pulled my figures, I was shocked to see what had happened. As usual, my stats are for single family residences, detached, with 3+ bedrooms and 2+ baths. Here we go: •    Total # Actives Listed On Market in April: 159 •    Average Menifee Property Listed Price: $ 231,299 •    Total # of Menifee Properties Sold in March: 94 •    Average Sold Menifee Property Price: $ 214,229 •    Avg Days On Market Of Properties Sold in March: 90 After seeing the active statistics for Menifee, it looks like they are following what happened in Temecula. Supply is being impacted in M...
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By Sherry Kotvis -Work. Live. Play, Have A Life Worth Living!
(eXp Realty)
I get this question asked of me all them time when meeting with clients in Menifee, CA. The simple answer is yes! You can definitely and successfully sell on a short sale with liens. There are many types of liens. The most common lien is a 2nd lienholder. This means you have the primary mortgage and a 2nd mortgage. In this situation it is common that the first lienholder pays off the 2nd lienholder during the short sale. The payoffs I have seen are anywhere from $4K and $8K. The good news is there is little incentive for the 2nd lienholder not to accept the payoff. There are other liens that can or cannot be attached to the property but still need to be cleared up prior to closing such as mechanic liens, judgements, utilitlity bills, alimony, etc. Liens can be temporarly removed from th...
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By Sherry Kotvis -Work. Live. Play, Have A Life Worth Living!
(eXp Realty)
I recently met with a divorced single mom that was struggling with the decision on whether or not to short sale her home in Menifee CA. First I wanted to make sure she contacted the bank and went through the appropropriate steps (I always recommend this to anyone considering a short sale). Her interest rate is 6% and her payment is $3200 per month. She did attempt getting the interest rate down by refinancing but since she didn't have any equity in the property the lender denied her. So her next step was to try for a loan mod. She was approved a loan mod trial period but the payments would only be lowered by $200. She decided this would not make any financial sense to hold onto the house for a payment that would be lowered to $3000. Not to mention, she simply couldn't afford it any long...
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By Sherry Kotvis -Work. Live. Play, Have A Life Worth Living!
(eXp Realty)
If you are a buyer trying to get into a Short Sale property you already know the competition is fierce. You have to act fast when you see a property and be prepared to write up an offer quickly. You need an agent that is in constant contact with you and is willing to go above and beyond. Hobbyist Realtors just won't do in this market so make sure the Realtor you hire understands the market conditions and is experienced in Short Sales Agent. When persuing a property, here are some hints that will help you gain a competitive advantage. Be aggressive. Not only with viewing properties quickly and being ready to react but also with your offer. The list price can be reflective of the sales price but remember that the list price and putting the home on the market is 'typically' a catalyst to b...
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By Sherry Kotvis -Work. Live. Play, Have A Life Worth Living!
(eXp Realty)
The Menifee Market Update for Q1 is Brought To You By Team Sherry 'K'-Short Sale Specialist. We Help Homeowner's Avoid Foreclosure Through Education Allowing Homeowner's To Make An Informed Decision. We Primarly Serve the Temecula and Menifee Valley's however we have several clients that spread throughout Southern California. We Are The Premier Choice When Selecting a Menifee Short Sale Realtor. Just Ask Any of Our Clients! ACTIVE LISTINGS-As of Tuesday, April 10 there are currently 300 Active Short Sale Listings in Menifee, Sun City. The minimum sales price is $29,900 and 727 square feet with the maximum sales price is $1,790,000 and 5350 square feet. The Average Sales price is $209,765 with 2161 square feet. PENDING LISTINGS (under contract and in escrow with an accepted offer)-Total ...
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By Stefan West, Temecula-Murrieta-Menifee CA Real Estate
(West Realty)
Time is running along! March is here and I'm continuing to stick to my 2012 New Year's resolution of continuing my monthly market projections in a timely fashion. In March we find St. Patty's day, an out of this world thunder storm, and some large percentage differences in my Menifee real estate market statistics. My statistics are specified to single family homes, detached, with 3+ bedrooms, 2+ baths. Let's see what Menifee has in store this month: •    Total Actively Listed On Market in March: 193 •    Average Menifee Property Listed Price: $227,442 •    Number of Menifee Homes Sold in February: 56 •    Average Sold Menifee Property Price: $206,225 •    Avg Days On Market Of Homes Sold in February: 76 So, Menifee's housing market had some significant changes for the closed numbers in ...
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Call Team Olsewski directly at (951) 506-5744 or click here to reach a Menifee Home Buyer Specialist                                                   Menifee Homes for Sale Welcome to the Menifee homes and real estate portal: your single stop for finding a home in Menifee. Here you can search every available home for sale in Menifee. As of today there are many homes and properties for sale that are available to search. The number of homes changes daily, so be sure to keep coming back right here, to the best site for Menifee homes for sale.   Menifee New Listings (18) Menifee Foreclosure Listings (31) Menifee Short Sale Listings (84) Menifee Single Family Homes for Sale (180)
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By Stefan West, Temecula-Murrieta-Menifee CA Real Estate
(West Realty)
Happy Valentine's Day! It is finally here. The one other day out of the year besides Halloween where my kids bring home paper bags full up to the brim with candy. I hope you all had a great Valentine's day even though the weather wasn't so picture perfect in Menifee. With all the romance in the air, let's see if folks are still focused on selling their properties. The criteria for my Menifee homes advisory and projections are single families, detached homes, with 2+ bedrooms and 2+ baths. Here are the numbers: • Total Actively Listed On Market in February: 284• Average Menifee Property Listed Price: $ 215,127• Number of Menifee Properties Sold in January: 69• Average Sold Menifee Property Price: $ 191,280• Avg Days On Market Of Homes Sold in January: 97 Let's look at what happened with ...
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By Stefan West, Temecula-Murrieta-Menifee CA Real Estate
(West Realty)
The year of 2012 has finally arrived. With the new year comes new year’s resolutions and new beginnings. I hope all of you started out the year 2012 safe and healthy, ready to take on the new year. I myself have decided to get an early jump on my market reports for 2012. As usual, my market report is based on single family homes, 3+ bedrooms, 2+ baths, and detached. Let us see how Menifee did this new year:• Total Number Of Actives Listed On Market in January: 263• Average Menifee Home Listed Price: $ 223,935• Number of Menifee Properties Sold in December: 75• Average Menifee Sold Property Price: $209,054• Average Days On Market Prior To Sale in December: 90Hmmmmmm, so there have been a couple significant changes between January’s Menifee market advisory and December’s Menifee market an...
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By Sidney Kutchuk - Realty Works Temecula Kutchuk - Realty Works Temecula, Realty Works Temecula
(Realty Works Temecula)
Jane Grant is a licensed Real Estate Broker in California, DRE 01109492 FACEBOOK, LinkedIN, U-Tube, Twitter, Trulia    Call toll free:  866-621-0155   Search For Murrieta Homes and Temecula Homes  Temecula Wine Country Homes Temcula is on Relocate America's best places to live Temecula Schools Get High Marks Temecula Golf Course Homes Temecula Hot Air Balloons Temecula Neighborhoods Temecula Wine Country Getaways Call for a list of homes that meet your search criteria:   866-621-0155   
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By Stefan West, Temecula-Murrieta-Menifee CA Real Estate
(West Realty)
What a great month for the city of Menifee! The climate is fantastic, the purchasing crazy, and the holiday spirit is in full effect.  As we get nearer to 2012, people continue to ask me how real estate is doing.  I think the election, the stock market, and the real estate market are really on everyone's mind at this time of year.  So I have brought my numbers together so you can keep up to date on the Menifee real estate industry. As you most likely know, my numbers are gathered based on single family homes, 3+ bedrooms, 2+ baths, and detached in nature.  This will exclude condos and townhomes but I think it to be the finest indicator of the real estate industry.  Let's take a look: Number of Actively Listed on the Market - 252 Avg. Menifee House Listed Price - $223,077 Menifee Houses ...
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By Sidney Kutchuk - Realty Works Temecula Kutchuk - Realty Works Temecula, Realty Works Temecula
(Realty Works Temecula)
Menifee Lakes Homes, one of the most affordable and nicer areas of Southwest Riversde County.  On the West side where the homes were built in approximately 1989 the HOA fees and Riverside County property taxes are lower than the newer homes on the East side.   Search For Menifee Homes, Murrieta Homes and Temecula Homes Read more of my Temecula Real Estate posts.... Including Murrieta Real Estate and Southwest Riverside County Homes  Temecula Wine Country Homes Temcula is on Relocate America's best places to live Temecula Schools Get High Marks Temecula Golf Course Homes Temecula Hot Air Balloons Temecula Neighborhoods Temecula Wine Country Getaways Find Me On: FACEBOOK, LinkedIN, U-Tube, Twitter, Trulia    Call Me Toll Free:    866-621-0155 For a list of homes that meet your search crit...
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By Sherry Kotvis -Work. Live. Play, Have A Life Worth Living!
(eXp Realty)
Menifee, CA I recently met a client that inquired about a short sale. My process of pre qualifying a candidate for a short sale is to be certain the borrower has gone through the necessary steps to save their home. I was really surprised to hear there are still company's out there that continue to charge upfront fees in hopes of providing a solution. My message to the public is PLEASE...do not pay one thin dime to any company out there trying to collect fees for getting you a loan modification or short sale. There are government regulations that restrict this practice. One great source I have found that provides help is Neighborhood Assistance Corporation of America (NACA) This is a non profit advocacy providing HUD Certified Counseling to families in need. For more information on  NACA...
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By Stefan West, Temecula-Murrieta-Menifee CA Real Estate
(West Realty)
I know it is a little bit past due but here it is - your Menifee Real Estate Market Report for November 2011!  I had to absorb the holidays and all that food before I was able to bring myself to post this.  Actually, I was gone for a quick weekend and the real estate market in Menifee has grown incredibly active!  Congrats to Stephanie and Rudy on their new Menifee house by the way! I will make this report pretty fast but will be contrasting it with my Menifee Real Estate Trends Report for October to see any recent changes. Despite the fact that I am writing after the fact, the figures were taken in November for this report.  As usual, I concentrate on single family houses, 3+ bedrooms, not attached, etc.  Maintaining a consistent standards is the core of this article. Total # of Active...
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By Kristi Harden, Menifee Short Sale Specialist
(Keller Williams Temecula Valley)
Christmas Events 2011 in Menifee It’s hard to believe it's almost Christmas... Where has the time gone? If you are looking for some fun Christmas events in Menifee, here are a few. Inaugural Tree Lighting Event at Menifee City Hall Tuesday, December 6, 2011 What: The city of Menifee will host its first-ever Christmas tree-lighting ceremony with two special guests on hand ---- Santa and Mrs. Claus! The event, to be held in front of City Hall, will benefit the “Spark of Love Toy Drive” and the “Menifee Valley Community Cupboard.” People are encouraged to bring non-perishable cans of food to donate to the cupboard, and unwrapped toys to contribute to the drive sponsored by the Riverside County Division of the California Department of Forestry and Fire Protection. Santa and Mrs. Claus will ...
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By Sherry Kotvis -Work. Live. Play, Have A Life Worth Living!
(eXp Realty)
Menifee CA – Banks continue to play by their own set of rules. I recently met a couple of agents at a short sale convention I attended. One agent informed me  of some really shocking news. She had been working on a short sale approval in a diligent fashion for the past two years and got the short sale approved. The lender stated they were approving the short sale and would allow the seller to walk away owing nothing.However, after the short sale was complete, the lender resumed collection tactics for her clients to repay the loan. The lender stated in the approval letter that the seller will be released from liability. Sadly, this is not the first time I have heard this from other agents.  During the convention, I heard another horror story. A major lender who also happens to have a hor...
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