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Market Conditions in Riverside : Real Estate Advice

  • All539
  • Local Info24
  • Home Buying193
  • Home Selling23
  • Market Conditions15

Activity 38
Thu Nov 19, 2015
Elbi4470 asked:
Thu Nov 19, 2015
Sgenutis asked:
Fri Nov 13, 2015
Mrs. Long answered:
Having purchased a new home after we quickly sold our last home (within the past year) and watching sites like trulia, I can only conclude concerning the areas we were watching. Atlanta Metro has gotten better for sellers. The areas rural (like ours) still aren't up to par, but most homes in better school districts are selling within a month. Values here started out high last Fall but fell approximately 5 percent late summer. Values in SW Florida went up on a middle class type home about $50,000 (I watched and realized I lost my chance at the remaining auction or bancruptcy/short sales left) The other region I watch (mid to N.E Ohio) went up this spring and now probably due to weather approaching have lowered about $5,000 to $10,000.

I don't think we can make any sure statement except if the number of homes available is down, then it is more a sellers market. When new builds compete with older homes it is harder to sell comparative sq. footage homes unless you price your home lower than new builds.

I'm not a realtor, just watch the stats and discuss things with good realtors.
Don't care who you all vote for except that idiot Hillary!
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1 vote 52 answers Share Flag
Tue Nov 10, 2015
Bob Sandberg asked:
0 votes 0 Answers Share Flag
Tue Mar 24, 2015
Sheryl Arndt answered:
Hello marj.parto, if you figure out what cities/zip codes you are considering, minimum number of bedrooms and the maximum payment/price you are looking to achieve you can be emailed listings to fit your search criteria. The rentals in Riverside start from $750 for 1bd 1ba condo and up.

You should study RENT vs BUY options as you may qualify to buy with minimum out of pocket expenses and pay less than rent in many cities. You may qualify to buy FHA with fico scores between 500-579 with 10% down or minimum 580 fico score may qualify FHA 3.5% down or as low as .5% half percent down payment program. You may consider 3% down conventional from a minimum 620 fico score. Your fico scores can be raised within 3-4 days in most cases to qualify for programs, rates and terms as necessary.

Beware of the many rental scams out there these days on all sites. The scams are on all of the rental listing sites except one that us agents/broker use such as mls, multiple listing service.

You should not give anyone any funds or personal information without confirming with a licensed agent/broker or management company to find out whom you should be dealing with and the status of any address of interest.

The purchase in Riverside start from 115k for 1bd 1ba condo which is as low as $575 down payment with a minimum 580 fico score. It only takes a few dozen questions to qualify, go over your options and email you listings to study and compare. Here are some links to study as well as web reference links to many loan program pages offered...

Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
Veteran & VA/CalVet Loan Specialist
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ALL Loan Programs Available
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If my response was helpful, consider clicking Thank or Link.
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0 votes 2 answers Share Flag
Sun Mar 15, 2015
Jan Pickering answered:
Some very good suggestions on making the home look its best.
0 votes 8 answers Share Flag
Wed Aug 13, 2014
Aida Shalow answered:
The main Riverside Community college is located in the downtown area of riverside but I do know there is a RCC campus in norco that is a good 15-20 minutes away depending on where you are ... more
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Thu Jul 17, 2014
Susan Davis answered:
Are you looking to rent a home in the Poly School District? I may be able to help you wittht that if you can provide some additional information.
0 votes 1 answer Share Flag
Wed Jun 4, 2014
Renae Walker answered:
Cheryl this shows as $275 for space rent. If you are interested I would go to the Club House or I can help you contact the clubhouse to verify. The Rancho Caballero Mobile Home park is very nice and located in Martin Luther King High School district. Visit my website or call me 951-653-6872 anytime you need more information ... more
0 votes 1 answer Share Flag
Fri May 30, 2014
Myrna answered:
I just want to inquire about the property address: with zip code 92509
I know this property is schedule for auction by June first week. Is there a way the buyer can still contact the owner so that the the buyer can negotiate with the owner in the property. Is there a way the owner can request to hold the auction? Please let me know via email. Thank you. ... more
0 votes 2 answers Share Flag
Tue Apr 29, 2014
ceeflav answered:
I have a home for sale and the truth is: Near UCR older homes are well built and if you purchase at a value is worth it can live in it or rent it out and use public programs to enhance the green eco home updates. MInimize the yard work as a rental and keep it for future income and or live in if you must. I choose to sell, as it my elderly parents home and she desires to move into a different area for senior association living. The truth is this small community will be good for families or students. The local schools have gone down in educations grades due to hispanic inflex, sounds mean but it is the truth. North HIgh still is a great IB Program and I would stay here if it were my home to choose, my parent needs the assets to move to a senior plan. Students will take care of the property with rent in refund if upkeep is above par as without damages. Property Management fees are worth it and students are getting a bad rep in the area, and it is unfair. We want this community to remain worth it for all people, but not for families that want to make it like a ghetto...that is a fact. ... more
0 votes 6 answers Share Flag
Fri Mar 7, 2014
Sylvia Martinez answered:
The space rent is $800 per month plus utilities. Great location - near Pool, Spa and Clubhouse!

Let me know if you are interested in seeing this property.

Thank you for your inquiry.

Sylvia Martinez
TNG Real Estate Consultants
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0 votes 1 answer Share Flag
Wed Feb 12, 2014
Kevin Cotterill answered:
Hello Mr. Degan,
From my quick research on-line it appears that the Allendale home IS for sale. If you are interested in it I recommend that you speak to a mortgage lender--unless, of course, if you are planning to pay cash! We can update you as to current interest rates, qualifying standards, first-time buyer loan programs and what down payment amount is required. If all goes well, we can also supply you and the selling agent a letter regarding your ability to qualify for a mortgage..

Please let me know if I can be of further help.

Kevin Cotterill
Lender member of the Trulia Community
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0 votes 3 answers Share Flag
Fri Oct 18, 2013
Jane Grant answered:
This is the address and phone number you are looking for:
2503 East Bluff Drive, Suite 203
Newport Beach, CA 92660
(949) 759-0220
(949) 759-0240
0 votes 1 answer Share Flag
Fri Aug 2, 2013
Prim Properties answered:
No! That area is a really bad area! If you are willing to pay around 100k, You can get a condo in the Mission Grove area. Cross streets- Alessandro x Mission Grove. Or you can probably find a decent fixer upper in the 92507 zip code off of Blaine. Condo's will not go up in that area or any other area! ... more
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Sun Dec 2, 2012
Amador Guzman Perez answered:
0 votes 8 answers Share Flag
Tue Oct 23, 2012
Candi Choumas answered:
In order to calculate your monthly payment I would need to know how much you are putting down on the property. There are all kind of programs out their. Their is even a program where if you qualify you can get in with as little at 1/2 percent down.

CAll me and we can chat.

Warm Regards,

CAndi Choumas
(909) 821-7133
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