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Property Q&A in Norco : Real Estate Advice

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  • Local Info3
  • Home Buying11
  • Home Selling0
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Activity 18
Tue Dec 23, 2014
Renee Spurlock asked:
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This question was asked from this property: http://www.trulia.com/homes/California/Norco/sold/5711247-4105-Equestrian-Ln-Norco-CA-92860
0 votes 0 Answers Share Flag
Wed Apr 30, 2014
Ray Wright answered:
It says that they already rented it. I assume if the $1,500 rent was the real rent, they probably had 500 people calling on it.

If you're serious about renting a home, I'd contact a Realtor that specializes in rentals who knows the area and can help you through the process. They can also get you in to look way before the 3rd party sites like this one finally catch up with the property status.

Also, you can download my FREE Real Estate Search app & have access to all homes for sale right at your fingertips. No more waiting for a Realtor to call you back. Simply text the letters: KW2KTBUIZ to the number: 87778 and download the app.

Good luck!

Ray Wright Realtor
Keller Williams Realty
951-312-3133
RayWright@kw.com
... more
0 votes 1 answer Share Flag
Wed Sep 11, 2013
Christopher Cochran answered:
Yes this house on 3269 Dapplegray Lane, Norco, CA 92860 is for sale but it's not available to the public yet. It is in the pre-approved HAFA short sale process. Once it is approved by the seller's lender(s) the house will be put on the market with the approved price by the bank. At that time it will be available to view by appointment only. Please let me know if you want to be put on the interest list while we are waiting for the short sale to be approved. There has been a lot of interest in this home. I anticipate an aprox list price of $550k. No showings until the short sale list price is approved. Respectfully, Christopher R. Cochran, Broker#01346572 ... more
2 votes 3 answers Share Flag
Fri Apr 12, 2013
Lavonne Lee answered:
Hi Patricia,
What would be your ideal location? Are you looking for a large lot, room for extra vehicles, or just a particular area? Sounds like you understand that there would be a wait if you went with a short sale and are OK with that. Great! Let me see what I can find for you.
Lavonne Lee
Century 21
Olde Tyme
Norco
951-553-4544
... more
0 votes 5 answers Share Flag
Mon Oct 25, 2010
Harold Sharpe answered:
Yes, you have to pay.
The property tax assessment is more than likely a bond debt.
That means even if the school closed down, burned to the ground, and no kids ever went there again, you would be paying for it until the bond is paid up.
There was at one time a revision if you were a senior in a certain situation, that made allowances that you would not have to pay. I don't think that is the case any more. Call the county tax assessor and ask them.

Harold Sharpe - Broker
So Cal Homes Realty
(951) 821-8211
harold@socalhomesrealestate.com
www.socalhomesrealestate.com
California Department of Real Estate License # 01312992
... more
0 votes 2 answers Share Flag
Mon May 10, 2010
John Mullaney asked:
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This question is about this property: http://www.trulia.com/homes/California/Norco/sold/44703-1166-Sedona-Ln-Norco-CA-92860
0 votes 0 Answers Share Flag
Wed Apr 7, 2010
John Mullaney asked:
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This question is about this property: http://www.trulia.com/homes/California/Norco/sold/44703-1166-Sedona-Ln-Norco-CA-92860
0 votes 0 Answers Share Flag
Wed Mar 31, 2010
Joe answered:
Hi Lisa,

I just contacted the listing agent and he said he's not sure, but thinks it's 30 something.

If you have any questions, feel free to contact me.

Respectfully,

Joey Dodge, MBA
Broker/Owner/Realtor
Riverside Horse Property
Direct: 951.966.1389
http://www.riversidehorseproperty.com
... more
0 votes 1 answer Share Flag
Mon Jan 25, 2010
Jane Grant answered:
This property is in Back Up status as of 12/29/10. Lease options and rent to own situations in our current Real Estate Market where there are more buyers than homes for sale is really hard to find. It does not benefit the seller when they can easily find someone to purchase the home outright. Also, this was a short sale so and they are always "subject to", bank approval and banks will not get involved in a lease option either, due to the availability of so many pre-approved and qualified buyers.

Sometimes a really rural property that is not getting much action will consider a lease option or rent to own but it would have to be something that is usually far out or in need of repair.

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0 votes 1 answer Share Flag
Mon Jan 18, 2010
Jane Grant answered:
Michelle: Great answers about what an Approved Short Sale is...so I will go into the property you are asking about. It was posted "Approved Short Sale", on the 15th of January, but is now in pending status again. They are preferring cash buyers probably because they are running out of time and expect that the bank may foreclose soon. Banks can start foreclosure proceedings 90 days after the notice of default is filed. After that they can give a notice of Trustee's sale and sell it when 21 days has passed which gives the borrower the time allowed by law to cure the debt.

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0 votes 4 answers Share Flag
Wed Jan 13, 2010
Jane Grant answered:
Yes, This home is still in pending status. The listing agent says it looks like a solid escrow. In this current real estate market with lending guidelines changing frequently, one never knows......and the only escrow sure of closing is a "Closed Escrow".... :)

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0 votes 1 answer Share Flag
Tue Jun 9, 2009
Jane Grant answered:
Roni, The MLS version that Realtors pay for and are licensed to use has a direct link to the information using the APN number. It is public information and can be obtained through the Tax Assessor's office. You can also go to the Riverside County Tax Assessors website and get the APN by putting in the address of the property. ... more
0 votes 1 answer Share Flag
Tue Jun 9, 2009
Jane Grant answered:
This home is listed for sale and the amount is $174,900.00. It was listed beginning: 6/2/09. It is a 'Bank Owned" property, and the bank wants only Cash offers at this time.
0 votes 1 answer Share Flag
Tue Jun 9, 2009
Jane Grant answered:
Brenda, This Norco Hills horse property was for sale but is an expired listing. The last time it was listed - the listing expired in March of 2008 and it was listed at $995,000.00. (Interesting property on 1.31 acres). ... more
0 votes 1 answer Share Flag
Mon Jun 8, 2009
The ACG Group, Realtors® answered:
Dear Carson:

There's nothing in the MLS on that street for less than $200K. The property you looked at was an ad for Realty Trac, a subscription site that gives foreclosure info. Notice there was no street address ... the idea is for you to get curious and subscribe to Realty Trac for full details.

It isn't a bad site, but you have to know how to read it. Oftentimes, they report figures that are technically true, but that don't have any bearing on what a home will actually sell for in today's market.

E.g.: they showed the property you asked about at about 96K or so ... likely, the lender foreclosed on a loan amount of $96K ... that doesn't mean they will sell it for $96K. It just means the previous owners owed $98K on their loan. The lender that foreclosed will put it on the market for current market value and try to get the most they can for it.

Just a heads up so you don't spend a lot of time chasing 'deals' that don't exist: foreclosures are good buys, but because so many buyers are competing for the same inventory, you're unlikely to buy one for less than list price unless it's in really bad condition. That said, I'd be happy to help you devise a strategy to successfully purchase a home that works for you and your family. You can reach me at 877.264.4383.
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0 votes 1 answer Share Flag
Thu May 28, 2009
Tina answered:
We just purchased a home in this neighborhood, and yes...it is zoned for horses. Not sure how many you can have on the property...would probably need to check with the City to confirm. Good luck! ... more
0 votes 1 answer Share Flag
Sat May 23, 2009
Vicki Pedersen answered:
Brenda,

This house not currently on the market. It was listed in 2008 and did not sell and has not come back on the market again. Let me know if I can help you with anything else.

Vicki Pedersen
vicki@pedersen-team.com
... more
0 votes 1 answer Share Flag
Fri Apr 10, 2009
Vicki Pedersen answered:
Muna,
This house is not on the market right now. It was for sale during a good part of 2008 but the listing expired and it has not come back on the market. There are three houses on El Paso that are for sale currently and several more similar houses for sale within a square mile. Let us know if you would like me to send you listings similar to the house you are asking about.

Don and Vicki Pedersen
vicki@pedersen-team.com
... more
0 votes 1 answer Share Flag
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