Jane Grant - 866 621-0155

Shanna: There are no CURRENT listings in the Casablanca neighborhood on Beloit Avenue in Riverside County.

The information you pulled up from Trulia or Zillow is more than likely outdated. The only information that is 100% accurate is the Realtor version of the MLS. Realtors are licensed and in the Realtor version we can see more detailed information such as showing instructions, county records, lien information, and we pay subscription dues, for this up to the minute information.

If you see a home on that street an agent can pull it up to see the status but again there are no current listings.

Whenever you see a home on a public internet search site without an actual address it is probably out dated information.

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* - Thu Dec 3 2009, 16:26

California: I believe you mean riskier from the standpoint of a "Buyer's Perspective", which takes into consideration the possibility of the transaction not being completed through no fault of your own.

If this is what you mean then the answer to your question is, yes!

Short sale purchases can fall apart if the original borrower does not get their short sale "approved". If for some reason out of your control, the short sale that you have an offer on does not get approved by the bank then your offer is void.

Bank Owned homes on the other hand are already owned by the bank and they are already listed at an approved price. Buyers like the idea of bank owned homes having a shorter escrow period, so like I said earlier, there is more competition for bank owned homes. Some bank owned homes get up to 50 offers within days of being listed.

Even though short sales have a chance of not being approved, if your offer is the one submitted to the bank then you will be the offer that is accepted, once the short sale package is approved, so the competition is much less than with bank owned homes.

In this competitive market there are different strategies for each type of buyer, FHA, VA, Conventional, and Cash buyers all have to have a different plan, and I have written many blogs about what each type of buyer should do to be in the best position to purchase a property here in Riverside County.
Please contact me if you would like some individualized advice!

And please see my website below:

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*** - Wed Dec 2 2009, 07:15

Otto: The tax rate is definitely higher for the newer homes. Here in Riverside County, it is not easy to get a lower tax area unless it is an unincorporated area of Riverside County or an older area. The area of Canyon Hills, near Lake Elsinore is very nice and has wider streets that are less crowded.

Check out my website below:

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*** - Tue Dec 1 2009, 09:40