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Real Estate strategies for 2008
January 2nd, 2008 11:54 AM


Steve McLinden of Bankrate.com agrees that home values will "stabilize again," but it will be a rocky ride until they do -- especially for home sellers, he says. He advises that they stay put and "ride this out," he suggests. For sellers whose circumstances demand that they sell in today's soft market, he offers several tips, including:

  • Realize that your house is worth only "what someone is willing to pay" and price accordingly. Throw in incentives like a free flat-screen TV, or offer financial assistance like helping the buyer secure financing or covering closing costs.
  • Spruce up your house -- don't try to sell "as-is" unless you're willing to sell for a bargain-basement price.
  • Look for a seasoned real-estate agent with a high percentage of sold homes.
  • Know your local market well.
  • Get your listing online.
  • Try renting out your house instead of selling or offering a lease-to-own option to renters.

    For buyers, he recommends not waiting to pounce on good deals, as the housing market may be "at or near bottom," and using the glut of homes on the market and sellers' anxiousness to sell to bargain more effectively. Make your purchase contract contingent on the home passing inspection, obtaining buyer financing, etc., he says.  Do your research on the local market, noting asking and selling prices, and don't overlook "diamonds in the rough" -- residences that aren't cosmetically attractive, but have good bones, he says. He also suggests factoring in a house's potential resale value before making a purchase.

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    John & Pat Patton
    Remax Partners
    (951) 371-8844


    Posted by John & Pat Patton on January 2nd, 2008 11:54 AMPost a Comment (0)

    Super bowl Sunday Snacks
    January 30th, 2008 9:08 AM


    With Super bowl Sunday just around the corner I thought I would share a quick and easy dip for the get together.

    • 1 can of your favorite bean-less chili
    • 1 8oz package of cream cheese

    Warm and blend them together in a crockpot or pan. MMMMMMMmmmmm.... now just grab some dipping chips and enjoy! It's so easy!

    Here is a great website with many, many more easy appetizers.

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    John & Pat Patton
    Remax Partners
    (951) 371-8844


    Posted by John & Pat Patton on January 30th, 2008 9:08 AMPost a Comment (0)

    A great day of golf and gift to charity
    January 28th, 2008 9:09 AM


    On Saturday April 19th Matco Tools will have their 5th Annual Golf Tournament. It will be held at the beautiful "Coyote Hills Golf Course". THere are many events planned like:

    • Tournament (4 player)
    • Shotgun start
    • Best ball scramble
    • Putting contest
    • Closest to pin contest
    • A chance to win $100,000
    • Trip give away
    • Many Raffles and give aways

    Location: 1440 E. Bastanchury Rd., Fullerton CA
    Time: Starts at 8:00am, but please arrive 1 hour early
    Entry Fee: $160 (includes: Green Fees, Lunch, Raffle ticket and cart)

    Any questions contact: Jeff Baerg - (714) 267-5349

    All proceeds will be donated to the "Susan G. Koman, Breast cancer walk"

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    John & Pat Patton
    Remax Partners
    (951) 371-8844


    Posted by John & Pat Patton on January 28th, 2008 9:09 AMPost a Comment (0)

    Protecting your credit - Part I
    January 27th, 2008 8:44 AM


    The first step in basic proactive identity theft is to place an “Initial Fraud Alert” on all three of your credit reports. This will accomplish three important factors:

    1. Your name and personal information can no longer be sold by the credit bureaus to ANY third parties for any marketing purpose (Less junk mail).
    2. No one can be approved for credit with your personal information until the creditor personally calls you at the telephone number you list on your consumer credit report.
    3. Requesting this initial fraud alert entitles you to a free copy of all three of your credit reports.

    *** This “Initial Fraud Alert” will only be active for 90 days.  To extend the fraud alert and obtain the above mentioned benefits for 7 years you will need to write to each credit bureau at the address provided within your initial fraud alert confirmation letter.

    Part II of Protecting your credit will be on "Credit Hijacking".

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    John & Pat Patton
    Remax Partners
    (951) 371-8844


    Posted by John & Pat Patton on January 27th, 2008 8:44 AMPost a Comment (0)

    Breast Friends Rummage Sale!
    January 25th, 2008 9:02 AM


    Susan G. Komen for the CureOn Saturday, February 2nd, the "Breast Friends" are putting together a Rummage Sale at the First American Title Parking Lot on 14th Street in Riverside from 8am-12pm. 

    "Breast Friends" is a group of women who raise money and participate in the Susan G. Komen, 3 day Breast cancer walk.

    If you have anything that you are willing to part with as a donation to the "Breast Friends" Rummage Sale we would grately appriciated it.

    If you have stuff to donate and can not get it to First American on Saturday morning email teresamgaines@yahoo.com and they will make arrangements to pick it up from you. Or, if your a Rummage Sale junkie, please stop by and see what we have to offer.  Remember:  "One man's junk is another man's treasure"!!

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    John & Pat Patton
    Remax Partners
    (951) 371-8844


    Posted by John & Pat Patton on January 25th, 2008 9:02 AMPost a Comment (0)

    Do you have an old sofa to get rid of?
    January 23rd, 2008 10:57 AM


    Corona residents can request a bulky item pick-up on their regular collection day. All you need to do is call Waste Management at (800) 423-9986 Here are some of the acceptable items:

    • Furnitue
    • Mattresses
    • Old Appliances
    • Lumber

    And here are some items they will not accept:

    • Dirt, Rock
    • Concrete, Bricks
    • Tires, Auto Parts
    • Hazerdous waste

    Be sure to ask if the items you will be putting out is acceptable.

    Each resident can request up to three buly item pick-ups per year at no charge.

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    John & Pat Patton
    Remax Partners
    (951) 371-8844


    Posted by John & Pat Patton on January 23rd, 2008 10:57 AMPost a Comment (0)

    December 2007 REO Report for the Inland Empire
    January 21st, 2008 9:58 AM

    December 2007
    Percentage of REO sales to total sales
    by geographic area

      Total REO %REO %YR to Date
    Riverside
    146
    14
    9.5%
    4.38%
    Mira Loma
    32
    6
    18.7%
    4.3%
    Corona/Norco
    144
    31
    21.5%
    6.6%
    Moreno Valley
    114
    32
    28%
    7.7%
    Banning/Beaumont
    44
    12
    27.2%
    4.3%
    Perris/Sun City
    149
    29
    19.4%
    7.5%
    Lake Elsinore
    68
    22
    32.3%
    8.4%
    Temecula
    176
    34
    19.3%
    9.1%
    Hemet
    113
    28
    24.7%
    8.4%
    Idyllwild
    15
    2
    13.3%
    2.5%
    Palm Springs
    189
    25
    13.2%
    3.6%
    Desert Hot Springs
    44
    5
    11.3%
    4.6%
    Plam Desert
    235
    11
    4.6%
    1.8%
    Indio
    95
    15
    15.7%
    3.2%
    Misc.
    177
    1
    .56%
    .32%
    Riverside County
    1741
    267
    15.3%
    5.0%

    *Transfers of title between lenders, lenders to asset management companies, lenders to HUD,VA,FNMA,etc. and dees in lieu of foreclosures have been removed from totals.

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    John & Pat Patton
    Remax Partners
    (951) 371-8844


    Posted by John & Pat Patton on January 21st, 2008 9:58 AMPost a Comment (0)

    Love is inthe air!
    January 19th, 2008 8:32 AM


    With Valentines day just around the corner the Corona libray has invited the authors David Abernathy and Naomi Ballard who wrote Internet Dating - Find your mate in 90 days or less to speak. Learn about Internet Dating -- getting started, pros and cons, sites and more.

    David D. Abernathy, Ph.D. and Naomi C. Ballard, Ph.D. are trained and certified clinical sexologists. They are co-directors of the Clinical Sexology Center in Southern California and have counseled over 1,000 clients.

    Internet Dating is the result of their research and work with men and women who share an overriding desire to find that special person with whom they can share their life and love.

    Time: 7:00pm to 9:00pm

    Location: Corona Library,Community Room

    Audiance: Adults 19 and up

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    John & Pat Patton
    Remax Partners
    (951) 371-8844


    Posted by John & Pat Patton on January 19th, 2008 8:32 AMPost a Comment (0)

    Looking for a home in Corona, CA for under $350,000
    January 12th, 2008 10:39 AM


    If you are an investor, first time buyer or just looking to down-size; we have some outstanding bargains here in Corona.

    These REO properties have plenty to offer! Here are four homes between $350-$280.

    Corona, CA Property | $349,900Parkside Green gated community, 3 bedrooms, 2.5 baths  with tile entry, bright and open floor plan.

                        $349,900

     

    Corona, CA Property | $339,900Lots of rooms with 1941 sq.ft. and 4 bedrooms. Nice family area, close to shopping and schools. So some minor repairs and you'll have a great home.

                        $339,900

     

    Corona, CA Property | $299,000Great price, would make a nice investment property. This home has 3 bedrooms and 1.5 baths with a large yard.

                        $299,000

     

    Corona, CA Property | $279,900WOW! What a price! This 2 bedrooms, 1 bath home is close to shopping, freeways, bus and Metrolink Commuter train. It's on a large lot so you could add on.

                        $279,900 

     

    So don't wait! Contact John & Pat about these incredible deals in Corona, CA.

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    John & Pat Patton
    Remax Partners
    (951) 371-8844


    Posted by John & Pat Patton on January 12th, 2008 10:39 AMPost a Comment (0)

    Dos Lagos and Christian Arts and Theatre (CAT) share ideas to be GREEN
    January 8th, 2008 2:37 PM


    The Christian Arts and Theatre (CAT) will be performing a series of environmentally-themed skits specifically for the community of Dos Lagos, in Corona, Calif.

    These 40-minute skits are part of a bi-monthly program to educate the community on critical environmental dilemmas.

    Performances will be held:

    January 26       Stompin' Out the Trash
    February 9       Wonderful World
    February 23     Splish Splash
    March 8          Stompin' Out the Trash
    March 22        Splish Splash
    April 12          Wonderful World

    Located at: Outdoor Amphitheatre located at The Promenade Shops.

    For more information, please call (951) 277-7601 or visit www.GiveForTheFuture.org.

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    John & Pat Patton
    Remax Partners
    (951) 371-8844


    Posted by John & Pat Patton on January 8th, 2008 2:37 PMPost a Comment (0)

    "The Diary of Ann Frank" comes to the CATS Theater
    January 7th, 2008 6:47 AM


    Diary of Anne Frank at the CAT Theater in CoronaA powerful, compelling and unforgettable play about Anne Frank, the young Jewish teenager who,with her family, survived for 2 1/2 years hiding in an attic above her father's manufacturing company before they were discovered by the Nazis. Anne's optimism and hope in mankind brings a sweetness and light to this tragic and unforgettable story.

    NOT RECOMMENDED FOR CHILDREN UNDER 10 YRS OLD.

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    John & Pat Patton
    Remax Partners
    (951) 371-8844


    Posted by John & Pat Patton on January 7th, 2008 6:47 AMPost a Comment (0)

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