Steps for Buying a Home and Placentia Homes Market Update from Placentia Real Estate Expert Nic Petrossi

As of July 13, 2009 below is a list of all homes in Placentia that are regular sales, not short sales or bank owned. 

Call Nic Petrossi (714) 272-3646 with Prudential or email npetrossi@yahoo.com

Step #1:  Contact a Bank or Mortgage Broker to run (not ruin, run) your credit and get a Pre-Qualification Letter.  (these are sometimes referred to as a “Pre-Approval” letter). 

Step #2:  Contact Nic Petrossi to have him search for homes in the price range you have been pre-approved to buy in.

Step #3:  Buy a home in Placentia, Yorba Linda, Brea, Fullerton, Anaheim Hills.  (These cities (east side of Fullerton when you’re talking about Fullerton), have very few foreclosures and have been insulated from the “foreclosure anchors” that have been pulling down home prices all over the nation and even in other cities in Orange County.  Northeast Orange County is, in my opinion, one of the safest places to buy, physically, but also economically.

Mon, Jul 13, 2009 03:35 PM

RES	MLS #	Status	P	V	H	T	Q	Type	A/D	Address	City	Area	Zip	TGNO	Trct/M	Bd	B t/f	Sty	Gar	SqFt	Yr Blt	Price	DOM
1	P694066	A	2		H	T	Q	SFR	D	1616 Oak	PLA	84	92870	739J7	OTHR/0	2	1/1	1	1	910	1949	$130,000	7
2	S580639	A	12		H	T	Q	CONDO	A	182 Southampton Way 31	PLA	84	92870	739F5	HOTG/0	2	2/1	2	1 D	897	1972	$197,000	7
3	P692110	A	1		H	T	Q	SFR	D	500 S Van Buren St	PLA	84	92870	0000×00	OTHR/0	3	2/2	1	1	1,270	1932	$249,900	24
4	P691960	A	9		H	T	Q	CONDO	A	111 S Lakeview Ave 111j	PLA	84	92870	740B7	OTHR/1	2	2/2	2	1	930	1990	$259,000	26
5	P691929	A	1		H	T	Q	SFR	D	819 Tafolla St	PLA	84	92870	0000×00	OTHR/0	5	2/2	1	1	1,250	1953	$259,900	24
6	P694606	A	20		H	T	Q	SFR	A	1445 Prospect Ave C	PLA	84	92870	739J4	OTHR/3	3	3/1	2	1 D	1,437	1964	$294,000	6
7	S567872	A	8		H	T	Q	CONDO	A	1541 Ismail Pl	PLA	84	92870	739J7	ALPL/6	2	2/2	2	1 A	1,000	1998	$335,000	139
8	P692419	A	18		H	T	Q	CONDO	A	957 La Paz Rd 48	PLA	84	92870	739H5	LOSB/0	2	3/1	2	2 A	1,233	1986	$369,000	4
9	P693948	A	9		H	T	Q	SFR	A	300 Los Padres Ln	PLA	84	92870	739F7	PLVG/1	3	2/2	1	2 A	1,314	1976	$380,000	10
10	P687727	A	6		H	T	Q	SFR	A	212 Preakness Dr	PLA	84	92870	740B6	PLKN/0	2	3/1	2	2 A	1,528	1981	$389,900	58	*
11	S579585	A	11		H	T	Q	CONDO	A	1447 Via Cortez	PLA	84	92870	739F4	OTHR/1	4	3/2	2	2	1,615	1972	$395,000	17
12	S560648	A	4		H	T	Q	SFR	A	1517 SHERWOOD VILLAGE Cir	PLA	84	92870	739H4	SHER/2	3	3/2	2	2	1,346	1974	$415,000	182
13	P660218	A	5		H	T	Q	SFR	A	2485 Arrow Cir	PLA	84	92870	739F2	WOOD/1	2	3/2	2	2	1,325	1975	$435,000	276	*
14	P691499	A	8		H	T	Q	CONDO	D	1565 Hastings Way	PLA	84	92870	739J6	OTHR/0	3	3/2	2	2 A	1,560	1998	$449,000	28
15	P692112	A	1		H	T	Q	CONDO	D	1753 E Hayes Ct	PLA	84	92870	739J6	OTHR/0	3	3/2	2	2 A	1,715	1999	$449,000	24
16	P694909	A	8		H	T	Q	SFR	D	1507 N Victoria Way	PLA	84	92870	739D4	SHDH/0	3	3/2	2	2 A	2,112	1978	$489,900	1
17	P681484	A	5		H	T	Q	SFR	D	1719 N Mccormack Ln	PLA	84	92870	739G4	OTHR/1	4	2/2	1	2	1,684	1963	$525,000	107
18	P592086	A	1		H	T	Q	SFR	D	643 E Highlander Ave	PLA	84	92870	739G4	OTHR/0	4	2/1	1	2 A	1,539	1969	$530,000	720	*
19	P693485	A	19		H	T	Q	SFR	D	2336 Cebu Ct	PLA	84	92870	739G2	OTHR/-	4	3/1	1	2 A	1,976	1964	$535,000	13
20	P681474	A	15		H	T	Q	SFR	D	2026 Tuffree Blvd	PLA	84	92870	739E3	OTHR/5	5	3/2	2	2 A	2,435	1964	$550,000	115
21	P693357	A	6		H	T	Q	SFR	D	214 Patrician Ln	PLA	84	92870	739F3	OTHR/-	4	2/2	1	2 A	1,784	1963	$569,500	13
22	P682274	A	4		H	T	Q	SFR	D	1323 Vina Del Mar Pl	PLA	84	92870	739J5	ALPL/1	5	3/2	2	3	2,226	1965	$575,000	82	*
23	P689511	A	20		H	T	Q	SFR	D	2120 Heloise Way	PLA	84	92870	739G3	OTHR/1	4	3/1	2	2 A	2,190	1963	$579,000	62	*
24	P693954	A	12		H	T	Q	SFR	D	660 Longfellow Dr	PLA	84	92870	739G3	OTHR/0	3	3/2	1	3	1,808	1972	$590,000	10
25	MRM-C09023975	A	4		H	T	Q	SFR	D	519 LEE Pl	PLA	84	92870	739E4	/	3	2/2	1	2 A	1,682	1963	$592,000	137
26	P662449	A	14		H	T	Q	SFR	D	177 Los Alamitos Cir	PLA	84	92870	740A6	MARP/0	4	3/3	2	2 A	2,172	1980	$599,900	260	*
27	P692930	A	20		H	T	Q	SFR	D	574 E Milano St	PLA	84	92870	739G5	MONS/1	3	3/2	2	2	2,384	1993	$610,000	6	*v
28	P652037	A	14		H	T	Q	SFR	D	1454 E Evans Ln	PLA	84	92870	739J6	OTHR/*	3	2/2	1	3	1,716	1995	$615,000	332	*
29	P684841	A	16		H	T	Q	SFR	D	1542 Shenandoah St	pla	84	92870	739f4	OTHR/.	3	2/1	1	2	1,525	1968	$625,000	80
30	P692471	A	20		H	T	Q	SFR	D	607 La Marr Ln	PLA	84	92870	739G6	FAIR/0	3	3/1	2	2	1,953	1995	$629,900	20
31	P685496	A	13		H	T	Q	SFR	D	606 Hollyhock Ln	PLA	84	92870	739F6	SEQH/1	4	3/2	1	2	2,460	1979	$635,000	75	*
32	L29923	A	20	V	H	T	Q	SFR	D	1619 Rock River	PLA	84	92870	739f4	OTHR/0	4	3/0	2	3	2,468	1968	$644,900	46	*
33	P664714	A	10		H	T	Q	SFR	D	1525 Shaver Way	PLA	84	92870	739F4	POND/1	5	3/2	2	3 A	2,360	1967	$650,000	250	*
34	P694149	A	20		H	T	Q	SFR	D	213 Garfield Ave	PLA	84	92870	739F3	STNG/.	4	3/1	2	3 A	2,554	1966	$699,000	7
35	P694391	A	13	V	H	T	Q	SFR	D	825 Newton Ln	PLA	84	92870	739G6	MDTF/0	3	3/2	2	3 A	2,410	1993	$699,000	6
36	P685248	A	9	V	H	T	Q	SFR	D	919 San Juan Ln	PLA	84	92870	739G7	OTHR/O	4	3/2	2	3	2,453	1976	$699,900	79	*
37	P666582	A	2		H	T	Q	SFR	D	968 Finnell Way	PLA	84	92870	739G6	FWAV/2	4	3/2	2	3	2,450	1984	$699,950	227
38	P694757	A	18		H	T	Q	SFR	D	425 Nevin Ln	PLA	84	92870	739J6	OTHR/*	5	3/2	2	3 A	2,860	1994	$700,000	3
39	P681931	A	14		H	T	Q	SFR	D	1211 Campanis Ln	PLA	84	92870	739H7	OTHR/1	3	2/2	1	2	2,100	2005	$729,000	103	*
40	P671308	A	20		H	T	Q	SFR	D	330 Oberle Pl	PLA	84	92870	739H7	OTHR/1	3	2/2	1	2	2,217	2003	$749,000	182	*
41	P693867	A	20		H	T	Q	SFR	D	1234 Campanis Ln	PLA	84	92870	739H7	OTHR/5	4	3/2	2	3 A	2,600	2005	$749,900	10
42	P684100	A	20		H	T	Q	SFR	D	508 Shoshoni Ave	PLA	84	92870	739F2	OTHR/4	4	3/3	2	3 A	2,832	1972	$750,000	87
43	P694334	A	18		H	T	Q	SFR	D	2237 Montgomery Cir	PLA	84	92870	739E2	OTHR/0	5	5/4	2	3 A	3,556	1976	$795,000	6
44	P691562	A	19		H	T	Q	SFR	D	400 Purdy Ave	PLA	84	92870	739F2	OTHR/1	4	3/2	2	3 A	3,177	1968	$795,500	27
45	S576093	A	1		H	T	Q	SFR	D	436 Kiolstad Dr	PLA	84	92870	739F2	OTHR/1	5	3/3	2	3	3,077	1966	$824,000	45
46	P687729	A	20		H	T	Q	SFR	D	1149 E Maertzweiler Dr	PLA	84	92870	739H6	HQT/0	4	4/4	2	3 A	2,900	2001	$825,000	61	*v
47	P680203	A	20		H	T	Q	SFR	D	432 Oberle Pl	PLA	84	92870	739H6	OTHR/4	4	3/3	2	3	2,900	2004	$855,000	117	*
48	MRM-H09060435	A	0		H	T	Q	CBO	D	125 S MELROSE St	PLA	84	92870	739E7	/	3	3/2	2	3		1990	$1,050,000
49	S570457	A	20		H	T	Q	SFR	D	829 Berkenstock Cir	PLA	84	92870	739G3	CUST/0	3	4/3	2	4 D	5,684	1913	$1,249,990	95	v

Short Sale Advice from Nic Petrossi, Orange County Realtor

There are 5 things you can do when you realize you can no longer make your mortgage payments:

1. Nothing
2. Deed in Lieu (Hand the Title, and keys, back to bank)
3. Short Sale
4. Bankruptcy
5. Loan Modification

All of these options will adversely affect your credit.  However, some options ARE better than others.

For example, the on the severity scale of how bad your credit will take a hit, on a scale of 1 to 10, an outright foreclosure or bankruptcy is like an 11.  The Deed in Lieu is probably the dumbest thing to do because the bank will let you stay in the home rent free for a while anyhow while you work this all out.

A Loan Modification is the best route to take, but you have to know what you’re doing.  There are only a handful of legitimate Loan Modification companies out there that know how to handle this for you (for a fee) but are well worth the money.  Making your monthly payment smaller could allow you to keep your home and sometimes the bank will reduce the AMOUNT owed (principal balance). 

A short sale is the best route to take, usually, if you…A) Can’t get a loan modification, B) The loan modification doesn’t help anyhow because you can’t afford even the new amount, C) The home you’re living in is your principal residence (i.e. it’s not an investment property), and D) you can work out discharge of indebtedness with the IRS.

We get the term “short sale” from the fact that the bank is taking less from the proceeds from the sale of your home than the current loan amount owed.  Ergo, the bank comes up “short.”  In other words, the bank takes the hit in the pocket and you take the hit to your credit.  When you short sale, the amount “forgiven” you by then bank for the difference owed and the final purchase price is actually considered a “gift” by the government, and the government will tax your income accordingly. 

Example:   You bought your home in 2006 for $750,000.  The home is now worth $600,000 and you’ve lost your job.  Your wife (or husband) can’t handle the payments with their income alone.  You try to call the bank and work out a loan modification but the bank says “no” even though the person on the phone is not authorized to tell you “no.”  So you call an expert who can negotiate with the bank for you.  THAT doesn’t even work so now you must short sale your home.  You find a real estate agent who lists the home you once bought at $750,000 for $575,000.  The agent tells you that you need to get together a “packet.”  The packet consists of two years taxes, 2 months bank statements, a hardship letter to the bank explaining why you can’t make your payments, and any other documentation of income.  The agent gets several offers and eventually (after several weeks) submits the highest and best offer (we’ll say $600,000 for the sake of this discussion) to the bank with the “packet.”  The packet with the offer reaches the bank’s loss mitigation department where it sits on a desk with several other offers and packets on several different properties.  If there are 2 or more lenders on your home, the packet and offer have to be sent to those banks as well.  When there is a Second on the property, it gets sticky because the First Lien Holder always wants to screw the Second Lien Holder and the Second wants to get something out of the deal.  The negotiations between the 1st, 2nd (and sometimes) 3rd Lien Holders will often delay this process even longer.  Let’s say the bank settles on the $600,000…and you owe $700,000 since you originally put down $50,000 when you bought the place.  Now, you are taxed on that $100,000 as if you made that money since it is considered a gift by the IRS.

The good news is that there was a bill passed by Congress to relieve you of that “gift” taxation as long as you live in the property as primary residence and can prove insolvency (that your bills are more than your income).  You would then apply for this using IRS form 982 called “Reduction of Tax Attributes Due to Discharge of Indebtedness.”  You apply when you file your income taxes.  The word on the streets is that the IRS is so back-logged that they are not going after people for the difference on their home’s short sale, but I wouldn’t trust in that information but consult a CPA or lawyer to see how you’ll be affected.

Need help selling or buying a home in Orange County? 

Contact me, Nic Petrossi with Prudential at (714) 272-3646 or email me at npetrossi@yahoo.com

Click here to check out my website —–>    CLICK HERE

Yorba Linda Real Estate Agents Top 5 Reasons You Need a Realtor for Yorba Linda Homes

Re-blogged by 0 agents

Why Even Use a Realtor? Top 5 Reasons from a Yorba Linda Placentia Realtor (edit/delete)

A Placentia Yorba Linda Real Estate Agent’s Top 5 Reasons to Use a Realtor:

I was noticing from talking to my clients that people don’t like to sit around when they’re ready to buy a home….they are actively looking online themselves.

The problems with this is that you have people looking on Zillow.com and Realtor.com and Redfin.com and finding homes that are often already off the market, in escrow, or sold.  Also, these websites do not let the consumer exclude or include features or special conditions (e.g. “short sales”).  So, I will often get emails from my clients with MLS #’s saying they would like to see these homes.  Don’t get me wrong, Zillow.com and Realtor.com can be good sources of information.  However, when it comes to finding homes that are currently on the market, these websites are not always the most up-to-date and reliable.  The price of the home may be different now, or, as mentioned, the home is already sold.

So, reasons to use a Realtor to help you find a home?

#1   They have access to the world’s most powerful home-searching tool — the MLS.  “Oh, but Nic, I’m searching the MLS through a Realtor’s website or through Redfin or Zillow,” one may say.  Yes, but the MLS on these sites does not allow you to eliminate certain features or add certain features that can streamline your search and save you hours or even days of looking, spinning your wheels and wasting time. 

#2   Private Remarks.   Real estate agents are privy to what are called “Agent Private Remarks” when they pull up a property profile off the MLS.  Real estate agents will give out insider info on a property or sometimes sensitive information that the public is not aware of which could be extremely valuable.  For example, the private remarks could read that the home is not available to show until June 1st, which would save someone from driving to the property and spinning their wheels when the home really isn’t even able to be shown.

#3   Market Knowledge.  This is one of the main reasons people hire a professional.  They want someone who knows the market, who knows the area, who knows what homes are really selling for in a given area.  This kind of knowledge is invaluable when it comes to putting an offer on a home.  The agent can run “comps,” or comparables of all recent sold homes in the neighborhood area to find what a home should REALLY sell for. 

#4   Negotiations.  Buying and selling a home is not a cut-and-dry venture.  The price of a home is rarely fixed and it is up to the skilled communicator and negotiator to hammer out a deal for their client.  Most people would rather have a professional handle this on their behalf.

#5   Peace of Mind.  What would you pay for peace of mind knowing that your Realtor has the situation under control.  Your Realtor is handling the paperwork, checking the deadlines, protecting you from potential legal pitfalls or problems with the property.  If you have someone strong and reliable in your court, you can rest your head at night knowing that it’s all going to work out.

 

Contact Nic Petrossi for a market evaluation of your home’s value and to put your home on the market.

Nic Petrossi specializes in Yorba Linda Homes, Placentia Homes, Brea Homes, Fullerton Homes, Anaheim Hills Homes and all of Northeast Orange County.

(714) 272-3646  Cell

Click here for Nic’s website ——>   WEBSITE

Placentia Short Sale Realtors – What are my options???

There are 5 things you can do when you realize you can no longer make your mortgage payments:

1. Nothing
2. Deed in Lieu (Hand the Title, and keys, back to bank)
3. Short Sale
4. Bankruptcy
5. Loan Modification

All of these options will adversely affect your credit.  However, some options ARE better than others.

For example, the on the severity scale of how bad your credit will take a hit, on a scale of 1 to 10, an outright foreclosure or bankruptcy is like an 11.  The Deed in Lieu is probably the dumbest thing to do because the bank will let you stay in the home rent free for a while anyhow while you work this all out.

A Loan Modification is the best route to take, but you have to know what you’re doing.  There are only a handful of legitimate Loan Modification companies out there that know how to handle this for you (for a fee) but are well worth the money.  Making your monthly payment smaller could allow you to keep your home and sometimes the bank will reduce the AMOUNT owed (principal balance). 

A short sale is the best route to take, usually, if you…A) Can’t get a loan modification, B) The loan modification doesn’t help anyhow because you can’t afford even the new amount, C) The home you’re living in is your principal residence (i.e. it’s not an investment property), and D) you can work out discharge of indebtedness with the IRS.

We get the term “short sale” from the fact that the bank is taking less from the proceeds from the sale of your home than the current loan amount owed.  Ergo, the bank comes up “short.”  In other words, the bank takes the hit in the pocket and you take the hit to your credit.  When you short sale, the amount “forgiven” you by then bank for the difference owed and the final purchase price is actually considered a “gift” by the government, and the government will tax your income accordingly. 

Example:   You bought your home in 2006 for $750,000.  The home is now worth $600,000 and you’ve lost your job.  Your wife (or husband) can’t handle the payments with their income alone.  You try to call the bank and work out a loan modification but the bank says “no” even though the person on the phone is not authorized to tell you “no.”  So you call an expert who can negotiate with the bank for you.  THAT doesn’t even work so now you must short sale your home.  You find a real estate agent who lists the home you once bought at $750,000 for $575,000.  The agent tells you that you need to get together a “packet.”  The packet consists of two years taxes, 2 months bank statements, a hardship letter to the bank explaining why you can’t make your payments, and any other documentation of income.  The agent gets several offers and eventually (after several weeks) submits the highest and best offer (we’ll say $600,000 for the sake of this discussion) to the bank with the “packet.”  The packet with the offer reaches the bank’s loss mitigation department where it sits on a desk with several other offers and packets on several different properties.  If there are 2 or more lenders on your home, the packet and offer have to be sent to those banks as well.  When there is a Second on the property, it gets sticky because the First Lien Holder sometimes doesn’t care about the Second Lien Holder and the Second wants to get something out of the deal.  The negotiations between the 1st, 2nd (and sometimes) 3rd Lien Holders will often delay this process even longer.  Let’s say the bank settles on the $600,000…and you owe $700,000 since you originally put down $50,000 when you bought the place.  Now, you are taxed on that $100,000 as if you made that money since it is considered a gift by the IRS.

The good news is that there was a bill passed by Congress to relieve you of that “gift” taxation as long as you live in the property as primary residence and can prove insolvency (that your bills are more than your income).  You would then apply for this using IRS form 982 called “Reduction of Tax Attributes Due to Discharge of Indebtedness.”  You apply when you file your income taxes.  The word on the streets is that the IRS is so back-logged that they are not going after people for the difference on their home’s short sale, but I wouldn’t trust in that information but consult a CPA or lawyer to see how you’ll be affected.

Need help selling or buying a home in Orange County? 

Contact me, Nic Petrossi with Prudential at (714) 272-3646 or email me at npetrossi@yahoo.com

Click here to check out my website —–>    CLICK HERE

Placentia Real Estate Agents

 

As a top selling real estate agent and consultant in Placentia, CA I am excited what 2009 will be bringing us in terms of government intervention to stimulate the housing market and to curtail the short sales and foreclosures. I have implemented proven strategies to market and sell Placentia homes even in tough market conditions. I have / have had listings and / or sold homes in Alta Vista South, Granada Park, Villa Verdes, Placentia Knolls, and several other neighborhoods in Placentia.

Visit my website ————————> CLICK HERE  to learn more about me and to view my featured active listings in Placentia, to view testimonials, to view school boundary maps / lines and even to search the MLS. I look forward to meeting with you to discuss your home selling and buying needs!

Sincerely,

Nic Petrossi, Prudential

(714) 272-3646 CELL

npetrossi@yahoo.com

NIC PETROSSI, Nov. 7, 2008 Placentia Homes (Foreclosures | REO | Bank Owned) from Realtor

Below is a list of all Placentia Foreclosurs | REO’s | Bank Owned properties as of Nov. 7, 2008.

Placentia is known as a “Pleasant Place to Live” with award winning schools, quiet & safe neighborhoods, great restaurants and shopping and most all homes are close to the 57 or 91 freeways.  Placentia is located close to Brea shopping and restaurants as well as downtown Fullerton shopping and restaurants.  Some of Placentia’s fine communities include Alta Vista South, Granada Park, Founders Park, Sequoia Woods and Hamptons on the Green. 

Visit my website ——> WEBSITE for Placentia school boundary maps and more information on Placentia, CA. 

Fri, Nov 7, 2008 09:15 AM

RES	MLS #	Status	P	V	H	T	Q	Type	A/D	Address	City	Area	Zip	TGNO	Trct/M	Bd	B t/f	Sty	Gar	SqFt	Yr Blt	Price	DOM
1	P654854	A	6		H	T	Q	CONDO	A	212 S Kraemer Blvd 1605	PLA	84	92870	739F7	CNTC/0	2	1/1	1	0	845	1972	$116,300	52	*
2	S544200	A	3		H	T	Q	CONDO	A	162 Kauai Ln	PLA	84	92870	739F7	PLL1/*	1	1/1	2	0	916	1979	$175,000	84	*
3	P659435	A	6		H	T	Q	SFR	D	937 Gonzales St	PLA	84	92870	769D2	OTHR/n	3	1/1	1	2 D	897	1925	$212,000	31	*
4	P658705	A	9		H	T	Q	SFR	D	943 Tafolla St	PLA	84	92870	769E1	OTHR/0	3	1/1	1	1 A	1,061	1923	$220,900	37	*
5	P651564	A	1		H	T	Q	SFR	D	211 Wilson Ave	PLA	84	92870	739E6	CHAP/1	2	1/1	1	1	842	1950	$239,999	86	*
6	S545571	A	1		H	T	Q	SFR	D	901 S Melrose St	PLA	84	92870	769E1	OTHR/0	4	1/1	1	1	1,101	1921	$255,900	72	*
7	P660506	A	8		H	T	Q	CONDO	A	1226 N Placentia Ave	PLA	84	92831	739D5	OTHR/0	2	2/1	2	1 A	1,210	1964	$264,900	24
8	P659759	A	10		H	T	Q	SFR	A	2375 Natchez	PLA	84	92870	739G2	OTHR/0	2	1/1	1	2	864	1972	$270,000	30	*
9	S541929	A	18		H	T	Q	SFR	D	832 Nebraska Ave	PLA	84	92870	769D1	OTHR/0	4	2/2	1	2	1,213	1955	$284,499	78	*
10	P662928	A	0		H	T	Q	SFR	D	1632 La Paloma Ave	PLA	84	92870	740A7	OTHR/5	5	3/2	2	2 A	2,000	1973	$329,000	8
11	P652770	A	18		H	T	Q	SFR	D	801 Stardust Dr	PLA	84	92870	739D6	OTHR/.	3	2/1	1	2 A	1,189	1958	$330,000	78	*
12	S524902	A	6		H	T	Q	SFR	A	540 El Cabrillo	PLA	84	92870	739F4	OTHR/0	3	3/2	2	2	1,404	1972	$339,900	163	*
13	P645459	A	7		H	T	Q	SFR	D	506 Wilson Cir	PLA	84	92870	739E6	OTHR/0	3	2/2	1	2	1,552	1955	$339,900	87	*
14	S551726	A	12		H	T	Q	SFR	A	1621 Sherwood Village Cir	PLA	84	92870	739H4	OTHR/0	3	3/2	2	2	1,346	1974	$379,900	17
15	P662425	A	15		H	T	Q	CONDO	A	2049 Baymeadows Dr	PLA	84	92870	740B6	OTHR/0	3	3/2	2	2	1,440	1977	$409,900	11
16	P642740	A	13		H	T	Q	SFR	D	405 W Center St	PLA	84	92870	739E7	OTHR/A	5	2/1	1	1	1,897	1939	$424,900	142	*
17	P657867	A	17		H	T	Q	SFR	D	502 Kansas Ave	PLA	84	92870	769D1	OTHR/*	4	2/1	1	2 D	2,011	1955	$439,900	43
18	P650560	A	1		H	T	Q	CONDO	D	1024 Moreno Way	PLA	84	92870	739H7	BLVS/1	3	3/2	2	2	1,800	1994	$447,900	93	*
19	P659177	A	0		H	T	Q	CONDO	D	1728 Pierce Ln	PLA	84	92870	740A6	MARP/3	3	3/2	2	2	1,715	1999	$475,000	34
20	P661552	A	12		H	T	Q	SFR	D	1832 Taft Ln	PLA	84	92870	740A7	OTHR/0	3	3/2	2	2 A	1,768	1997	$499,900	17
21	P648126	A	20		H	T	Q	SFR	D	612 Stanford Dr	PLA	84	92870	739F7	OTHR/D	4	3/2	2	3	2,978	1978	$620,000	108	*
22	S551138	A	6		H	T	Q	SFR	D	103 Harvard Ct	PLA	84	92870	739F7	OTHR/0	4	3/2	2	3	2,700	1999	$649,900	22
23	S543570	A	17		H	T	Q	SFR	D	624 Muro Cir	PLA	84	92870	739H6	MDTF/2	3	3/3	2	3 A	2,617	1995	$650,500	89	*
24	P663020	A	1		H	T	Q	SFR	D	1419 Munoz Pl	PLA	84	92870	739J6	OTHR/0	4	3/2	2	3 A	2,851	1992	$669,900	7

NIC PETROSSI – Nov. 7, 2008 Yorba Linda Bank Owned Homes | REO | Foreclosures, Complete List from MLS

Below is a list of all Yorba Linda Bank Owned Homes / Yorba Linda Foreclosures as of Nov. 7, 2008.

To set up a time to see any of these properties in beautiful Yorba Linda, call my cell on my website, click here  —>  WEBSITE    WEBSITE   WEBSITE   WEBSITE

Bank Owned Properties can be GREAT DEALS and Yorba Linda is one of the best cities to live in on planet earth.   The status of these listings (although not 100% guaranteed to be completely accurate) will be more accurate than any other website you have been using to search for homes.

Fri, Nov 7, 2008 08:51 AM

RES	MLS #	Status	P	V	H	T	Q	Type	A/D	Address	City	Area	Zip	TGNO	Trct/M	Bd	B t/f	Sty	Gar	SqFt	Yr Blt	Price	DOM
1	P654458	A	7		H	T	Q	CONDO	A	4536 Valley View Ave	YL	85	92886	740A3	OTHR/0	2	2/1	2	2 D	1,046	1965	$219,900	65	*
2	P662711	A	2		H	T	Q	CONDO	A	5430 Copper Canyon Rd 6e	YL	85	92887	741C5	HILL/0	2	2/2	1	1	1,128	1989	$254,800	9
3	P657293	A	9		H	T	Q	CONDO	A	23455 Plymouth Ct 167	YL	85	92887	741D6	OTHR/0	2	2/1	1	2	1,017	1986	$279,900	46
4	R808536	A	14		H	T	Q	CONDO	A	20016 Waverly Glen St 54	YL	85	92886	740F7	FRHL/0	3	3/1	2	1 A	1,179	1977	$299,900	56
5	P652986	A	1		H	T	Q	CONDO	A	20003 Clear River Ln 2	YL	85	92886	740F7	OTHR/0	3	3/1	2	2	1,179	1979	$310,000	52
6	P655264	A	10		H	T	Q	CONDO	A	5035 Twilight Canyon Rd 31a	YL	85	92887	741C4	HILL/*	3	2/1	1	0	1,380	1989	$314,900	53	*
7	P656576	A	1		H	T	Q	CONDO	A	5035 Twilight Cyn 31E	YL	85	92887	741C4	HILL/O	3	2/1	1	2	1,380	1989	$314,900	45	*
8	R808716	A	19		H	T	Q	SFR	D	21935 Cimarron Pl	YL	85	92887	741A5	OTHR/0	3	2/2	1	2 A	1,645	1983	$354,900	34	*
9	M110109	A	12		H	T	Q	SFR	D	17362 Yellowstone Ave	YL	85	92886	740A5	OTHR/0	4	2/2	1	2	1,206	1971	$439,000	39
10	C103452	A	0		H	T	Q	SFR	D	17101 Saga Dr	YL	85	92886	739J4	OTHR/0	3	3/1	1	2 A	1,684	1962	$460,500	1
11	S545231	A	4		H	T	Q	SFR	D	4742 Via La Primavera	YL	85	92886	4472B1	OTHR/x	5	2/2	1	2 A	1,832	1970	$490,999	75	*

Placentia Homes (Bank Owned | REO), Nic Petrossi, Tuesday Nov. 4, 2008

Contact Nic, Your Favorite Placentia Realtor, through my website —-> CLICK HERE  to set up a time to go see any of these Placentia Homes.

Tue, Nov 4, 2008 07:47 AM

Residential
RES	MLS #	Status	P	V	H	T	Q	Type	A/D	Address	City	Area	Zip	TGNO	Trct/M	Bd	B t/f	Sty	Gar	SqFt	Yr Blt	Price	DOM
1	P654854	A	6		H	T	Q	CONDO	A	212 S Kraemer Blvd 1605	PLA	84	92870	739F7	CNTC/0	2	1/1	1	0	845	1972	$116,300	49	*
2	S544200	A	3		H	T	Q	CONDO	A	162 Kauai Ln	PLA	84	92870	739F7	PLL1/*	1	1/1	2	0	916	1979	$175,000	81	*
3	P657192	A	1		H	T	Q	SFR	D	1657 Sierra Vista Ave	PLA	84	92870	740A7	OTHR/0	2	1/1	1	0	897	1919	$185,250	41	*
4	P658705	A	9		H	T	Q	SFR	D	943 Tafolla St	PLA	84	92870	769E1	OTHR/0	3	1/1	1	1 A	1,061	1923	$220,900	34	*
5	P659435	A	6		H	T	Q	SFR	D	937 Gonzales St	PLA	84	92870	769D2	OTHR/n	3	1/1	1	2 D	897	1925	$223,500	28
6	P651564	A	1		H	T	Q	SFR	D	211 Wilson Ave	PLA	84	92870	739E6	CHAP/1	2	1/1	1	1	842	1950	$239,999	83	*
7	S545571	A	1		H	T	Q	SFR	D	901 S Melrose St	PLA	84	92870	769E1	OTHR/0	4	1/1	1	1	1,101	1921	$255,900	69	*
8	P660506	A	8		H	T	Q	CONDO	A	1226 N Placentia Ave	PLA	84	92831	739D5	OTHR/0	2	2/1	2	1 A	1,210	1964	$264,900	21
9	P659759	A	10		H	T	Q	SFR	A	2375 Natchez	PLA	84	92870	739G2	OTHR/0	2	1/1	1	2	864	1972	$270,000	27	*
10	S541929	A	18		H	T	Q	SFR	D	832 Nebraska Ave	PLA	84	92870	769D1	OTHR/0	4	2/2	1	2	1,213	1955	$284,499	75	*
11	P662928	A	0		H	T	Q	SFR	D	1632 La Paloma Ave	PLA	84	92870	740A7	OTHR/5	5	3/2	2	2 A	2,000	1973	$329,000	5
12	P652770	A	18		H	T	Q	SFR	D	801 Stardust Dr	PLA	84	92870	739D6	OTHR/.	3	2/1	1	2 A	1,189	1958	$330,000	75	*
13	S524902	A	6		H	T	Q	SFR	A	540 El Cabrillo	PLA	84	92870	739F4	OTHR/0	3	3/2	2	2	1,404	1972	$339,900	160	*
14	P645459	A	7		H	T	Q	SFR	D	506 Wilson Cir	PLA	84	92870	739E6	OTHR/0	3	2/2	1	2	1,552	1955	$339,900	84	*
15	S551726	A	12		H	T	Q	SFR	A	1621 Sherwood Village Cir	PLA	84	92870	739H4	OTHR/0	3	3/2	2	2	1,346	1974	$379,900	14
16	P662425	A	15		H	T	Q	CONDO	A	2049 Baymeadows Dr	PLA	84	92870	740B6	OTHR/0	3	3/2	2	2	1,440	1977	$409,900	8
17	P642740	A	13		H	T	Q	SFR	D	405 W Center St	PLA	84	92870	739E7	OTHR/A	5	2/1	1	1	1,897	1939	$424,900	139	*
18	P657867	A	17		H	T	Q	SFR	D	502 Kansas Ave	PLA	84	92870	769D1	OTHR/*	4	2/1	1	2 D	2,011	1955	$439,900	40
19	P650560	A	1		H	T	Q	CONDO	D	1024 Moreno Way	PLA	84	92870	739H7	BLVS/1	3	3/2	2	2	1,800	1994	$447,900	90	*
20	P659177	A	0		H	T	Q	CONDO	D	1728 Pierce Ln	PLA	84	92870	740A6	MARP/3	3	3/2	2	2	1,715	1999	$475,000	31
21	P658588	A	20		H	T	Q	SFR	A	1740 Virginia Pl	PLA	84	92870	739E4	CUST/A	4	2/1	1	2	2,014	1963	$489,900	34
22	P661552	A	12		H	T	Q	SFR	D	1832 Taft Ln	PLA	84	92870	740A7	OTHR/0	3	3/2	2	2 A	1,768	1997	$499,900	14
23	P648126	A	20		H	T	Q	SFR	D	612 Stanford Dr	PLA	84	92870	739F7	OTHR/D	4	3/2	2	3	2,978	1978	$620,000	105	*
24	S551138	A	6		H	T	Q	SFR	D	103 Harvard Ct	PLA	84	92870	739F7	OTHR/0	4	3/2	2	3	2,700	1999	$649,900	19
25	S543570	A	17		H	T	Q	SFR	D	624 Muro Cir	PLA	84	92870	739H6	MDTF/2	3	3/3	2	3 A	2,617	1995	$650,500	86	*
26	P663020	A	1		H	T	Q	SFR	D	1419 Munoz Pl	PLA	84	92870	739J6	OTHR/0	4	3/2	2	3 A	2,851	1992	$669,900	4

NIC PETROSSI, Placentia Real Estate Agent — List of ALL Placentia Foreclosures / Placentia Bank Owned as of Oct. 31, 2008

Here is a list of ALL Placentia Foreclosures (Bank Owned Repos) as of October 31, 2008:

Contact me through my website to schedule a time to go see any of these properties –>  WEBSITE

 

1	P654854	A	6		H	T	Q	CONDO	A	212 S Kraemer Blvd 1605	PLA	84	92870	739F7	CNTC/0	2	1/1	1	0	845	1972	$116,300	45	*
2	P651332	A	9		H	T	Q	CONDO	A	212 S Kraemer Blvd 505	PLA	84	92870	739F7	CNTC/0	2	1/1	1	0	845	1972	$129,900	80	*
3	S544200	A	3		H	T	Q	CONDO	A	162 Kauai Ln	PLA	84	92870	739F7	PLL1/*	1	1/1	2	0	916	1979	$175,000	77	*
4	P657192	A	1		H	T	Q	SFR	D	1657 Sierra Vista Ave	PLA	84	92870	740A7	OTHR/0	2	1/1	1	0	897	1919	$185,250	37	*
5	P659435	A	6		H	T	Q	SFR	D	937 Gonzales St	PLA	84	92870	769D2	OTHR/n	3	1/1	1	2 D	897	1925	$223,500	24
6	P658705	A	9		H	T	Q	SFR	D	943 Tafolla St	PLA	84	92870	769E1	OTHR/0	3	1/1	1	1 A	1,061	1923	$232,500	30
7	P651564	A	1		H	T	Q	SFR	D	211 Wilson Ave	PLA	84	92870	739E6	CHAP/1	2	1/1	1	1	842	1950	$239,999	79	*
8	S545571	A	1		H	T	Q	SFR	D	901 S Melrose St	PLA	84	92870	769E1	OTHR/0	4	1/1	1	1	1,101	1921	$255,900	65	*
9	P660506	A	8		H	T	Q	CONDO	A	1226 N Placentia Ave	PLA	84	92831	739D5	OTHR/0	2	2/1	2	1 A	1,210	1964	$264,900	17
10	P659759	A	10		H	T	Q	SFR	A	2375 Natchez	PLA	84	92870	739G2	OTHR/0	2	1/1	1	2	864	1972	$270,000	23	*
11	S541929	A	18		H	T	Q	SFR	D	832 Nebraska Ave	PLA	84	92870	769D1	OTHR/0	4	2/2	1	2	1,213	1955	$284,499	71	*
12	P662928	A	0		H	T	Q	SFR	D	1632 La Paloma Ave	PLA	84	92870	740A7	OTHR/5	5	3/2	2	2 A	2,000	1973	$329,000	1
13	P652770	A	18		H	T	Q	SFR	D	801 Stardust Dr	PLA	84	92870	739D6	OTHR/.	3	2/1	1	2 A	1,189	1958	$330,000	71	*
14	S524902	A	6		H	T	Q	SFR	A	540 El Cabrillo	PLA	84	92870	739F4	OTHR/0	3	3/2	2	2	1,404	1972	$339,900	156	*
15	P645459	A	7		H	T	Q	SFR	D	506 Wilson Cir	PLA	84	92870	739E6	OTHR/0	3	2/2	1	2	1,552	1955	$349,800	80	*
16	S551726	A	12		H	T	Q	SFR	A	1621 Sherwood Village Cir	PLA	84	92870	739H4	OTHR/0	3	3/2	2	2	1,346	1974	$379,900	10
17	P662425	A	15		H	T	Q	CONDO	A	2049 Baymeadows Dr	PLA	84	92870	740B6	OTHR/0	3	3/2	2	2	1,440	1977	$409,900	4
18	P642740	A	13		H	T	Q	SFR	D	405 W Center St	PLA	84	92870	739E7	OTHR/A	5	2/1	1	1	1,897	1939	$424,900	135	*
19	P657867	A	17		H	T	Q	SFR	D	502 Kansas Ave	PLA	84	92870	769D1	OTHR/*	4	2/1	1	2 D	2,011	1955	$439,900	36
20	P650560	A	1		H	T	Q	CONDO	D	1024 Moreno Way	PLA	84	92870	739H7	BLVS/1	3	3/2	2	2	1,800	1994	$447,900	86	*
21	P659177	A	0		H	T	Q	CONDO	D	1728 Pierce Ln	PLA	84	92870	740A6	MARP/3	3	3/2	2	2	1,715	1999	$475,000	27
22	P658588	A	20		H	T	Q	SFR	A	1740 Virginia Pl	PLA	84	92870	739E4	CUST/A	4	2/1	1	2	2,014	1963	$489,900	30
23	P661552	A	12		H	T	Q	SFR	D	1832 Taft Ln	PLA	84	92870	740A7	OTHR/0	3	3/2	2	2 A	1,768	1997	$499,900	10
24	P648126	A	20		H	T	Q	SFR	D	612 Stanford Dr	PLA	84	92870	739F7	OTHR/D	4	3/2	2	3	2,978	1978	$620,000	101	*
25	S551138	A	6		H	T	Q	SFR	D	103 Harvard Ct	PLA	84	92870	739F7	OTHR/0	4	3/2	2	3	2,700	1999	$649,900	15
26	S543570	A	17		H	T	Q	SFR	D	624 Muro Cir	PLA	84	92870	739H6	MDTF/2	3	3/3	2	3 A	2,617	1995	$650,500	82	*
27	P663020	A	1		H	T	Q	SFR	D	1419 Munoz Pl	PLA	84	92870	739J6	OTHR/0	4	3/2	2	3 A	2,851	1992	$669,900

 

 

NIC PETROSSI, Placentia Realtor – Market Update Oct 28, 2008 for Placentia Homes & Placentia Foreclosures

Here are the numbers for Placentia homes, condos and townhomes as of October 28, 2008:

Total Active Homes (including condos & townhomes) : 178

Total Active Single Family Homes:  123

Total Active Condo / Townhomes: 54

Total Short Sale Properties (All Property Types) : 53

Total Bank Owned (REO’s) : 29

Total Homes in Escrow (Pending or Backup Offers): 52

Percentage of Homes in Escrow vs. Total Homes on Market:  23%

   This is HUGE because going into November last year, the ratio was about 7%.  Home sales are up 3 TIMES what they were a year ago.  This is a sign that….. A) People are Buying Homes and B) Placentia’s Home Market is Thawing (Warming Up).  The Pent-Up Demand of buyers waiting on the fence is like water against a dam.  People are seeing the stock market is NOT the place to put your money and that real estate has ALWAYS been a sound financial investment over time.  No matter the decade, real estate has always gone up over time.  People who have been trying to time the bottom realize they don’t have to time it perfectly, especially if they plan to stay in the house for more than 2 years. 

For a list of bank-owned REO properties in Placentia, email me at npetrossi@yahoo.com or to search Placentia homes, visit my website —->  CLICK HERE