Hacienda Heights House LP: $585,000

Bedrooms:	3
Baths:	2.00/
Built:	1977
Square Feet:	1,514
Lot Size:	8,076

Property Description:
Location! Location! Location! Welcome To This Charming Single Story Home Located In The Prime Area Of Hacienda Heights. This Home Offers A Well Designed Floor Plan. A 3 Bedrooms 2 Bath With A Living Area Of 1,514 Sq.Ft . The High Ceilings In The Living Room And Dining Room Create An Open & Spacious Feel. A Large Kitchen With Eating Area Provides Ideal Setting For Family And Friends Gathering. The Lush Green Backyard With Mature Pine Trees And Hedges Gives A Serene, Peaceful & Relaxing Atmosphere. Other Features Include: Fireplace In Living Room, Formal Dining Area, Tile Roof, Central Air & Heat, Master Suite, Automatic Sprinkler In Front & Back Yards, Partial View Of The Mountain From Backyard. It Is Within Walking Distance To Schabarum Park, Shopping Plaza, Medical Center & Mall. A Must See!! Original Owner First Time On The Market.
Features:
Direct Garage Access, Driveway, Home Warranty Plan, Lot 6500-9999, Main Floor Master Bedroom, Mountain View

Real Estate Property Adding to your basic toolbox for easier repairs

If you are big on DIY home improvements, consider adding any one of these must have tools to your tool box.

Cordless Drill/Driver: Go cordless for ease of use. Higher voltage means more power and more life between charges.

Square: Cutting materials square is the first step in making sure projects turn
out right. This tool is a must-have.

Level: From hanging pictures to building a deck, everyone needs a level. Consider
two, a two-footer.

Flat Bar or Pry Bar: Often starting a project means tearing something out.
A flat bar will help. Use claws on either end for removing nails.

Diagonal Cutters: Not just for cutting wire but a variety of other materials
such as small nails and dowels as well.

Adjustable Wrench: Flexibility makes this tool a must for turning nuts, bolts
and plumbing fittings.

Drill Bits: Get a kit that contains different sizes and varieties for drilling
through different materials.

Clamps: A set of bar clamps is always useful for holding things together
while they are glued or fastened.

Hacienda Heights Condo Lease: $1,400

Bedroom: 2
Bathroom: 1

Description:

Great, Safe And Convenient Location, Easy Walking Distance To All. Rental Includes Water, Trash, Common Area Liability And Gardening Services Etc Excellent For A Small Family Of 3 Or 4 Persons. Contact L/A For All Details And Showings

What can you get it for Real Estate? (2)

When sellers are motivated to move a property worth $100,000, and it
does not need any repairs, they may say, "We'll let you have it for
$70,000." (This is about 30% below market value.) Rule of thumb: A
good deal should be at least 20% below market. Would that be a good
deal? Yes.

Now you can negotiate an even better deal and get a signed contract.
That's where you make money in real estate. If you don't negotiate,
you may potentially leave a lot of money on the table.

Every property's value is in the eyes of its beholder. If you own a
lot of real estate and you are being sued, you might make a case that
your property is not worth much and needs repairs. On the other hand,
if you go to the bank to borrow money against the property, you'll
want it appraised as high as possible using the highest comparable
sales

And when the tax assessor calls to figure out your new taxes for next
year, you'll say the rents are low, the buildings need work, and so
on. Since property has different value depending on who is looking at
it, make sure you talk to professionals active in the market who tell
you honestly what people are paying for properties today.

You can also determine market value by attracting an offer by running
a newspaper ad that includes details of the property. If the phone
rings, people want what you have to offer. Likewise, if you want to
see how much rent should be, run a "For Rent" ad and see if anybody
calls. If no one calls, you don't have much of a market.

Now do your analysis

Now that you have negotiated a good price and put it under contract
with a contingency clause, then do your analysis. Beginners tend to
analyze for six weeks, but by the time they find out the age of the
water heater, the condition of the roof shingles, and the opinions of
neighbors, their opportunity has disappeared.

Instead, do a quick survey to see if it is a good deal, document
everything, put your offer in with a contingency, then do your compete
analysis. If you experience analysis paralysis, you'll lose a lot of
deals. That's why it's important to gather your information well and
act boldly.

What is the property worth today? (1)

To develop a successful real estate investing career, your job is to find deals and put them together. Your job is not to become an appraiser, or a closing attorney, or a management expert, or a repair person. Use professionals!

How do Realtors, appraisers, and banks determine what a property is worth? They look at comparable sales, usually three to five sales of similar property close by. Realize that the properties have to be similar for a true comparison.

Get a list of comparable sales and see the sales price of every property bought or sold (and when it sold) for the street you want information about. Ask active professionals what the market is like. Whenever possible, get information in writing via fax, email, or letter. Put comparable sales lists and information in a folder for future reference.

What repairs does the property need?

You can find the cost of the repairs from two different sources: from the seller (most are truthful; a few are not) and from a good licensed, bonded contractor. Make sure the contractor is "referred" and that you get bids from more than one contractor recommended by respected Realtors or other investors.

Please stay tuned for more details.

Hacienda Heights House LP: $699,800

Property Description:

Beautifully Maintained Super Clean 4 Bed/2 Bath Single Family Residence With Swimming Pool. Move In Condition. Convenient Location. Walking Distance To Schools, Bus Stop, Vons Shopping Center, Post Office And Banks. Easy Access To Fwy 60, 605 And 57. Or If You Want, Lease It For $2500/Mo. All Furnitures Could Leave For Tenant To Use At No Extra Charge.

How to Determine Your Net Worth

Real estate investors, like everyone else, should be aware of their net worth. This value is extremly important because it allows us to gauge if our complete financial value is increasing or not. The average American doesn’t know how to save money, and typically has a very low net worth; many people even have a negative net worth! While it may seem obvious to many of us, the average guy simply can’t put a cap on wasteful spending (going out for drinks, buying cars that lose value, etc.) in order to buy assets that actually go up in value (like real estate, securities, etc.), and thus increase their net worth.

Your Assets

The first step in calculating your net worth is to determine the total value of all of your assets. Add the value of the following:

• Liquid Assets: cash, checking & savings accounts, money market accounts, CDs, savings bonds, cash value of insurance policies
• Securities: (use current market values) stocks, bonds, mutual funds
• Non-Marketable Investments: annuities, IRAs, tax shelters, pension plan equity
• Hard Goods / Durables: cars, bikes, motorcycles, Mobile homes, furnishings, furniture, electronic and other equipment, collectables, jewelry, furs
• Loans Receivable: money owed you
• Real Property: house, condo, rental property, commercial property, land, other real estate

Your Liabilities

Tally all of your liabilities . . . I know this part is much scarier for many of us!

Mortgages & Home Loans: Determine the balances owed on these loans
• Credit Cards: Determine the balance due on all of your cards
• Credit Installment Plans: Determine the remaining balance on payment plans for vehicles, furniture, equipment, mobile homes, home improvement loans
• Cash Loans: the value of any cash loans outstanding
• Insurance Policy Loans: any loans against your insurance policy
• Any Notes Payable
• Taxes Due: on income & property

Now, just subtract the liabilities from the assets and you’ve got your net worth.

Hacienda Heights Townhouse LP: $385,000

Bedrooms:	3
Baths:	2.00/
Built:	1980
Square Feet:	1,137
Lot Size:	3,232

Property Description:

Best Location In Town. Close To Shopping Mall, Park, School, Market, And Medical Center. Single Story No One Live Above, 2 Car Garage. Wood Floor In Living Room And Dinning Area. Undermarket Price, Make An Offer.
Features:
Association Pool,Cc And R's,Homeowners Association,Trees/Woods View

Hacienda Heights Real Estate

California June 2007 Home Sales

A total of 38,291 new and resale houses and condos were sold statewide last month. That's up 3.6 percent from 36,975 for May, and down 32.8 percent from 56,989 for June 2006. Last month's sales made for the slowest June since 1995 when 36,941 homes were sold. June sales from 1988 to 2007 range from 35,437 in 1993 to 76,669 in 2004. The average is 51,799. On a year-over-year basis, sales have declined the last 21 months.

The median price paid for a home last month was $479,000, down 1.0 percent from the record high of $484,000 for March, April and May. That was down 0.2 percent from $480,000 for June a year ago. The year-over-year decline in median was the first since January 1996 when the then-median of $146,000 was down 2.0 percent from $149,000 a year earlier.

The typical mortgage payment that home buyers committed themselves to paying last month was $2,319. That was up from $2,266 in May, and down from $2,372 for June a year ago, the current cycle's peak. Adjusted for inflation, mortgage payments are 10.1 percent above the spring 1989 peak of the prior real estate cycle.

DataQuick, a subsidiary of Vancouver-based MacDonald Dettwiler and Associates, monitors real estate activity nationwide and provides information to consumers, educational institutions, public agencies, lending institutions, title companies and industry analysts. The numbers cover all sales, new and resale, houses and condos.

Indicators of market distress continue to move in different directions. Financing with adjustable-rate mortgages has declined significantly. Foreclosure activity is rising, although foreclosure properties are not yet a drag home on home values in most markets. Down payment sizes are stable, flipping rates and non-owner occupied buying activity is down, DataQuick reported.

All Homes	No Sold Jul-06	No Sold Jul-07	Pct. Chg	Median Jul-06	Median Jul-07	Pct. Chg
Los Angeles	8,844	6,809	-23.0%	$520,000	$547,500	5.3%
Orange	2,982	2,391	-19.8%	$640,000	$640,000	0.0%
Riverside	4,763	2,769	-41.9%	$415,000	$399,000	-3.9%
San Bernardino	3,500	2,008	-42.6%	$366,500	$355,000	-3.1%
San Diego	3,584	3,106	-13.3%	$500,000	$489,000	-2.2%
Ventura	941	784	-16.7%	$614,000	$582,500	-5.1%
SoCal	24,614	17,867	-27.4%	$487,000	$505,000	3.7%

Hacienda Hehghts Real Estate ( Land )

Hacienda Hts Land LP: $ 1,499,000

Parcel Size:	2.02 Acres

Property Description:
Builders, Developers Opportunist! This Is An Absolute Value! Only $150K Per Paper Lot With An Approved Tentative Tract Map (#54367). Sprawling 2 Acre, 10 Lot Subdivision Nestled In An Established Neighborhood With Mountain View In Unincorporated Area Of Hacienda Heights. Home Sites Range In Size From 6500 Sqr Ft. To 9500 Sqft. With Utilities At The Street. This Property Is Priced To Sell With The Lowest Priced Land Per Foot With Or Without A Map. Property Has Approximately 330 Feet Of Frontage

For more information, please contact Cecilia. Thank you!

Hacienda Heights Real Estate

Increasing Seller's Property Value

Understand first of all that there IS a difference between price and value. Price is the amount you are asking for the property. Value is buyer perceived, and this perception of value is influenced by many factors such as location, features, condition, comparison to other purchase option, etc. By attending to details that can have a positive impact on the value, sellers can significantly increase their chance of attracting qualified buyers willing to pay the asking price.

Some tips to achieve a positive impact on value are:

• Perceived size impacts value, even more so than actual square footage. Open floor plans make a room feel bigger than larger spaces with smaller rooms. Showing property that is furniture free, or at reduced clutter, helps to make the space feel bigger.
• Vacancy increases sale-ability. Property is easier to show and easier to sell, and quicker to take possession of when it is vacant at the time it is offered for sale. Evidence of problems to take possession of the property -- such as encroachments, or tenants who wont allow buyer tours -- negatively impact value. Vacancy also helps the buyer walk through the property imagining ownership. Sellers should remove personal trinkets and family pictures as well as being conveniently absent during a buyer tour.
• Cosmetics are important.
  • Fresh paint will always add more value than it costs.
  • Clean or new carpet/flooring adds more value than it costs.
  • Landscaping adds more value than it costs. At the very minimum, make the entrance area neat.
  • If you can, add some colorful flowers and new sod.
• Take care of the obvious! The spot on the ceiling from the roof leak takes thousands of dollars from the perceived value and the offer price.
• Condition affects value. Do a seller's home inspection to identify and fix the problem BEFORE closing. No point holding up your check a few extra days; plus a failed buyer's inspection could cost you the sale. Buyers will often bargain down your asking price to accomodate for property condition and repairs.
• If you can, remodel/update the kitchen and master bathroom. These two areas have a big impact on home buying decisions.
• Strategic renovations impact value and your bottom line. Don't spend more money to renovate the place than you can recapture in value on the sales price.

Hacienda Heights Real Estate

Home Loans

Home loans make the process of buying a new home more affordable than ever. As you may already know, these types of loans give you many opportunities that wouldn’t be possible without them. When you buy a home, you should understand as much as you can about the process, as well as the questions you will be answering. This way, you’ll be familiar with how things work and you’ll find the entire process to go much smoother.

When you look towards a home purchase loan, you’ll need to fully understand the interest rates. They are never the same and will vary among the different financial institutions, as well as from time to time. In many cases, home loans can change on a frequent basis, with little to no notice. When you buy a home, it is very important that you keep up with the economy. Any change in interest rates for a home loan can either increase or decrease the amount you pay back.

When getting a home loan, you’ll also need to understand the terms and the length of the loan. Almost all financial institutions and lenders have a variety of different plans or periods for you to choose from. If you choose a longer period, in most cases your interest rate will drop. You can find this out yourself by using a mortgage calculator. This way, you’ll know how much your mortgage payment will be before you decide to further pursue the loan.

As you probably already know, your ability to pay the loan back is very important. Some lenders require that you keep your loan full term, while others may provide you with the option to pay it off any time you wish. Home loans that give you the option to pay it off early will normally save you quite a bit of money in the end. If you are able to pay your loan off several years early, you’ll save a lot of money in the long run.

Even though the early payoff option is great to have, it can also come back to haunt you if you end up defaulting on the home loan. Or, if you decide to sell your home in the future, the early payoff can haunt you as well. For those very reasons you should always consult with a specialist before you commit to any type of home loan.

For the potential home buyer, home loans offer several different opportunities. Before you rush out and get a home loan, you should always know what you are agreeing to. You should also look into the company you are thinking of getting the loan from as well, so that you can better prepare yourself when you go through their process of getting your loan.

Hacienda Heights Real Estate ( Multifamily)

Hacienda Heights Multifamily LP: 2,245,000

Primary Type:	Multifamily Duplex/Triplex/Fourplex
No. Units:	N/A
Building Size:	7,592 SF
Occupancy:	100.00%
Price:	$2,245,000
Cap Rate:	4.00%
Year Built:	1949

Property Description:
Pride of ownership, upside potential in rent and great owner/user investment.

Financial Summary Actual
Net Operating Income: $96,535

Hacienda Heights Real estate

Home Selling Tips: Maximize Your Home's Sales Potential

When preparing your house, try to see it from the buyer's point of view. Would you want to buy a house like your own?

Unless you're sure you're up to the challenge, hire a good agent and attorney to do the home selling for you. It may cost more, but it can save you a lot of aggravation in the long run.


Make sure you have full Multiple Listing Service coverage - this is a powerful tip to remember. Multiple Listing Service (MLS) is the strongest selling tool for your home. Some people would not even advise you to check for any offers before you see you home on MLS!

Home showings through an open house are a good idea.

Getting clutter out of the way will not only improve home showings, but also make it easier to pack once the home has been sold.

Finish any renovations you've started on the house. No buyer wants to finish a job the seller started!

When negotiating with the buyer, throw your bad mood away. It's hard to discuss price when you're still upset about the buyer's plans to cut down the tree you love. Maintain an interactive discussion and build up trust. Even if the offer doesn't work out, keep up a good impression.

Don't let buyers' offers away you - consult with your agent about the price offered. Usually there's a period of three days for you to accept or reject an offer. Also be prepared for home inspections, as usually this happens during this stage of the home selling process.



Home Selling tips are endles. Choose only the tips that would best suit your needs and situation.

Hacienda Heights Real Estate

Buyers benefit most when staying in home long term

Given the recent negative press about the state of the residential real estate market, it's understandable that buyers would be reluctant to offer more than the asking price. Yet, some buyers are finding that a list-price offer is not enough. Multiple offers are making a comeback in some markets.

A couple from San Francisco, who had resolved to pay no more than the list price, is now resigned to do so for the right property. They were surprised to find that there were multiple buyers seriously interested in each of the first three listings they considered buying. The one they chose to offer on received three offers. The winning bid was for $10,000 more than they offered.

Exhausted and disappointed from the experience, the San Francisco couple realized that if they wanted to buy a good house in their first-choice neighborhood, they would have to be prepared to compete.

Some buyers in this situation would decide to wait to buy until there are more listings and fewer buyers. A downside of this approach is that waiting in a market that's short on inventory could mean paying a higher price later.

Although appreciation has been flat to negative in many areas of the country, there are pockets of the market -- like the starter-home markets in Oakland and Berkeley, Calif., and Brooklyn, N.Y. -- where there aren't enough homes for sale to satisfy the demand. This tends to put an upward pressure on prices.

HOUSE HUNTING TIP: Does it make sense to pay over the asking price in a market that could soften further? The answer depends on how much over asking you have to pay and how long you plan to own the property.

Some sellers are still pricing their homes low to stimulate buyer interest. In this case, paying over the asking price may not mean paying over market value. Check the sale price of the most recent comparable sales in the area to determine if paying over asking is too much. Your real estate agent can help you with this.

Even if a listing is fairly priced, paying more might make sense depending on your circumstances. If the house will serve your long-term needs and you're confident that you won't be moving for five or 10 years, paying an extra $10,000 is probably worth it. However, if your future is uncertain, it could be risky to pay more than the asking price.

A job transfer that forces you to sell in a soft market soon after buying, could leave you in a precarious position -- particularly if you financed the purchase with a mortgage for 100 percent of the price. Unless you have financial assistance from your employer, you might have to pull money out of savings to cover your selling costs. If the value of your home has declined you might not be able to sell for enough to pay back the mortgage.

Another factor to consider before offering more than the list price is whether the house will appraise for your offer price. Typically, a lender's mortgage commitment is conditioned on an appraisal of the property that substantiates that the buyer is not overpaying. Most lenders require that the appraisal report include three comparable listings from the neighborhood that sold within the past six months.

Due to the general slowdown in the housing market, some lenders are tightening up on their appraisal requirements. Recently, an appraiser who was appraising a property in Oakland's Upper Rockridge neighborhood was instructed by the lender to use comparable sales from the last three, not the last six, months.

THE CLOSING: To protect yourself, include an appraisal contingency in your purchase offer so that you won't risk losing your deposit should you back out of the contract because the property doesn't appraise for the purchase price.

Hacienda Heights Real Estate

Hacienda Heights House This is a Short Sale. LP: $610,000

Bedrooms: 3
Bathrooms: 2

Building Sqft: 1581
Lot Size: 11890


Any offer is subject to lnterior inspection. Seller's reserves all the services. Buyer to verify information to satisfy.

Hacienda Heights Real Estate

Hacienda Hts House. This is A Short Sale. LP: $ 568,000

Living Sqft: 2240
Lot Size: 7217
Bedrooms : 5
Bethrooms: 2
Year Built: 1961

Any Offer Is Subject To Interior Inspection. Seller's Reserves All The Services. Buyers To Verify Information To Satisfy.

Hacienda Heights Real Estate

Finding A Real Estate Agent

Whenever you buy or sell real estate, you may be like millions of other people out there, in thinking that you don’t need a real estate agent. Most people who buy or sell homes, generally think that a real estate agent is a waste of money. Those who choose to buy a new home, think that real estate agents only add to the cost of purchasing the home.

What most people aren’t aware of, is the fact that real estate agents are normally paid by the seller, not by the buyer. As a buyer, you’ll get to work with a professional real estate agent without really having to pay for it yourself. The policies can vary greatly from state to state and company to company, which is why you should always check any paperwork or contracts that are provided to you to ensure this is the case. When you are interviewing agents, make certain to ask about any type of fees as well.

A lot of real estate agents out there may work with both buyers and sellers, although most specialize in working with either the buyer or the seller. If you are buying a home, make sure that the agent you choose has prior experience of working with buyers and transactions that involve no money down. This way, you can count on your agent to be there when you need him the most - especially if you don’t have a down payment.

If you are interviewing a real estate agent and he or she isn’t familiar with down payment assistance programs, you shouldn’t hire their services. Agents who aren’t familiar with these types of programs generally aren’t on the level, or they may lack the experience necessary to help you purchase the home of your dreams.

You can also make a list of real estate agents that you can interview based on referrals from friends, lenders, and even family. Lender referrals are normally a great choice as most lenders have worked with their recommendations in the past and both are already familiar with each other. Choosing a lenders referral can also prevent you from encountering any obstacles or surprises.

When you interview a real estate agent, make sure that you have the agent explain his fees. This way, you’ll know exactly how much he will be getting from the purchase. You should also find out how much experience he has in the field, and how long he has been working with real estate. You can also ask about sample contracts as well. If you are buying a home, you should make sure that the agent works with buyers. If you happen to be selling your home, then you’ll want to make sure that the agent works with sellers. Agents that are dedicated to one or the other are the best to choose, as they will have more experience than agents who work with both buyers and sellers.

Find a real estate agent is an easy task - providing you know what to look for. If you take things one step at a time and carefully make a decision, chances are that you’ll end up with an agent who has the experience you want. You should always be careful when you choose, and never rush the process. Real estate agents are easy to find, although finding one who fits your needs and has your budget in mind is a little tougher to locate. When you make that final decision, you should always choose an agent who has your best interest in mind - and isn’t just after the money.

Hacienda Heights Real Estate

We know what you are Looking For

You are looking for a bubble proof real estate market. You're sick of wondering and worrying about overvalued markets. You're looking for an undervalued market with potential hyper-growth indicators.

Real estate investing and emerging trends in real estate growth We think we've found the market you're looking for. Forbes, the Wall Street Journal, Smart Money Magazine, Money Magazine, Business 2.0, Fortune and literally dozens of other industry sources are unanimous that the market we've found is the rare convergence of undervalued prices, tightening vacancy trends, explosive growth of retirement and other populations, a strong, growing, and diverse economy, massive new infrastructure changes: in short, virtually all the indicators of an emerging hyper-growth area. What's more, we think we've found an incredible value for individual real estate investors who want to own in this unique area. Where is this market? And what are we suggesting you may want to own? Read on, and we'll share our research, including sources, and our conclusions with you. You can decide for yourself. So we agree. The first rule of real estate investing is to buy in an undervalued market. How do you find it? How do you find the next real estate growth area? How do you know if a hot market is protected from a bursting real estate bubble? Where is the next location where the next hyper grown real estate value may occur? What indicators make a city one of the top real estate investment markets?

Successful investors understand that real estate is a game of probabilities, not certainties, and that is why you need to look for probabilities converging before you buy in an area. Taking action as an investor is the most important step. It is also the most difficult. Knowing that all the stars are lining up makes it that much easier. If they are not, don't pull the trigger.What elements and probabilities do you look for? 1. You look for an area of strong demographic growth 2. You look for a strong, growing, and diverse economy 3. You look for an area of growing retirement population 4. You look for new and substantial infrastructure changes 5. You only move into undervalued markets 6. You always acquire a property with strong potential for appreciation 7. You look for tightening vacancy trends 8. You always provide the rental renters prefer

So,I would appreciate having the opportunity to discuss this property with you if you are still interested in selling your property, please call me so that we can arrange a meeting to see how you can achieve your dream of wealth.