Chino Hills House LP: $385,000

Bedrooms:	3
Baths:	2.00/
Built:	1988
Square Feet:	1,171
Lot Size:	4,100

Property Description:
Beautiful Home With Granite Countertops A Garden Window And Tile Flooring In The Kitchen. Vaulted Ceilings, Fireplace And Wood Flooring In Living Room. Bay Window And Wood Flooring In Dining Area. Master Bedroom With Patio Door, Walk-In Closet And Oversized Bathtub In Bathroom. Block Walls In Backyard.

Extending the Life of Your Real Estete Appliances

Follow these guidelines and tips to help extend the life of your home
systems and appliances—it could save you the cost of unnecessary repairs or early replacement!
Preventative Maintenance—Guidelines and Tips

General
Change the batteries in your smoke detectors twice a year—choose family birthdays or holidays as reminders.

Unplug small electrical appliances, such as toasters, blenders, etc. after using them.
Inspect appliance hoses and ventilation according to owner’s manuals.

Clean small electrical appliances after each
use; unplug and cool before cleaning.

Use only distilled water in steam irons to avoid mineral buildup.

Strap the water heater solidly to wall studs to prevent it from movement during an earthquake.

Plumbing Repair minor drips and leaks as they occur.

Avoid flushing anything but toilet paper down the toilet.

Dishwasher

Load dishwasher properly—and run only when you have a full load.

Use only dishwasher detergent in recommended amounts.

Load more fragile items on the top rack of the dishwasher

Real Estate Property Profits from prepayments

Here's a neat way to make a good profit by prepaying part of a loan, a
note, or your mortgage. Or any debt that you're paying on. This
normally won't work with a bank or a mortgage company, but many times
it will with a private note holder.

Let's suppose you bought a $50,000 property from a private party. You
paid $5,000 down and the seller carried a note for the $45,000
balance. And let's say that note was structured for 20 years (240
payments), 10% interest, with monthly payments of $434.26.

If you don't ask, you don't get

If you pay each payment as it becomes due, you will have paid
$5,211.12 after 12 months (12 x $434.26 = $5,211.12). Try this idea.
Include a note with your next payment saying that you've accumulated
some extra cash, or you're getting your tax refund, or whatever, and
you're trying to decide the best use for it. Then ask your note holder
if she would be willing to give you a 15% discount if you could prepay
her next 12 payments.

If she accepts your offer, that means you would make her one cash
payment now of $4,429.45, instead of 12 payments of $434.26. That's a
discount of $781.67 ($5,211.12 minus 15% = $4,429.45). Run the numbers
and see if that isn't a 31% return.

This technique will work the same on any type of debt payments you
happen to be making, regardless of the size of the payments. Suppose
you're making monthly payments of $2,000 to someone. Would this same
concept work? You bet it would. In fact, it might work even better.

Someone receiving $2,000 monthly payments would receive over $20,000
cash by giving a 15% discount for 12 payments. That's enough to
activate people's greed gland. Or, to buy that new set of wheels.

So make offers to everyone you're making payments to. Where can you
invest your money and make 20% to 30% any easier? I once made seven
offers like this, (15% discount for next 12 payments) and four were
accepted.

This technique does work, but it's up to you to make offers and make
it work. But don't expect note holders to make you any such offers. So
try it with your next payment! You have nothing to lose, and much to
gain.

Never let the mail carrier pass your house without leaving a check. To
your wealth, Cecilia

Real Estate, Attention landlords!

Here's a simple way how some of you landlords can create extra income
from your tenants. What does your tenant do when they want to buy new
furniture? Or that 48� TV? Or a new computer? They most likely put it
on a charge card or get the store to finance the purchase at 18% to
21% interest. Why don't you offer to finance what they want and
collect that interest?

Let's suppose you learn that one of your best tenants wants that
latest big screen TV costing $1,000. They won't ever save $1,000, but
they can make payments forever. You find out which TV they want,
negotiate a 10% discount for a cash sale, and have it delivered to
them. (If you can't negotiate a 10% discount for cash, you need a
seminar on negotiations).

You charge them $1,000, plus $75 �processing fee� or whatever you want
to name it. They pay the $75 processing fee and sign a note for $1,000
payable $50 per month for 24 months. What have you just done? You've
just created a little note that will earn you 38%. Let's go over each
step.

You negotiate a 10% discount ($100) off the price when you buy the TV.
It's not hard to get a 10% discount for a cash purchase. But you do
have to ask. Try it! You charge your tenant the retail price of
$1,000, plus a $75 processing fee. They sign a note for $1,000,
payable $50 monthly (more if you can get it) for 24 months. You now
have $825 in a note with a face value of $1,000. What is your
yield/return? Try 38%.

Big Yields from Little Deals

Let's get started making big yields from small deals. And the first requirement is to get rid of all that �stinking thinking.� Forget that �good education,� �good job,� "good retirement� brainwashing the schools laid on you. That's what keeps average people average.

How to make 15% to 20% the simple way

Making 15% to 20% returns on your money is simple. And there are opportunities all around you if you will look for them, recognize them, and act on them. Every time you hear someone say that they need to buy something, but doesn't have the money, you should consider that a potential money making opportunity.

There are always people who need to buy something, but doesn't have the money. And because of their lack of financial discipline, they never will. But they can make monthly payments with no problem. So focus on these type people and get in the financing business. That's where the real money is. And it's such a simple and easy way to create passive cash flow.

Please stay tuned for more details.

CITY OF CHINO HILLS News

ANNUAL STREET MAINTENANCE PROJECT UNDERWAY

The City has awarded an $889,482 contract to American Asphalt South for the annual
street improvement project. The schedule is being adjusted to ensure that the Verizon
project to install fiber optics is completed before the slurry is applied on the affected streets.
Workers have been doing preliminary work including crack sealing, limited pavement repairs
(patching), and some pavement grinding. Hardy and Harper is the paving sub-contractor.
The streets listed below will undergo pavement grinding followed by curb-to-curb
construction of a one-inch layer of asphalt. Motorists will be diverted around the work areas.
Full closures are not anticipated.
Updated information will be posted on the City’s website, www.chinohills.org.
Schedules are subject to change due to a variety of factors including conditions in the field,
weather conditions, etc.

Real Estate Appraisal

The determination of the value of real estate is essential to the economic well being of society. Real estate appraisal is an estimate of the value of property using various methods. An appraisal is determined with one of three approaches, a cost approach, a comparison approach, or an income approach.

Appraisals are very detailed reports, but here are a few things they include:

1. Details about the subject property, along with side-by-side comparisons of three similar properties.
2. A description and evaluation of the overall real estate market in the area.
3. Statements about issues the appraiser feels are harmful to value or resale, such as poor access to the property.
4. Notations about seriously flawed characteristics, such as a crumbling foundation.
5. An estimate of the average sales time for the property.
6. What type of area the home is in (development, stand alone acreage, etc.).

Cost Approach
The cost approach is most useful for new properties, where the costs to build are known. The appraiser estimates how much it would cost to replace the structure if it were destroyed. Your personal approval is accomplished early in the loan process, but final loan commitment usually hinges on a satisfactory appraisal. The bank wants to be sure its investment is covered in case you default on the loan.

Sales Comparison Approach - The appraiser estimates a subject market value of property by comparing it to similar properties that have sold in the area. The properties used are called comparables.

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.

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.

HOW "AS IS" HOME BUYERS CAN PROTECT THEMSELVES.

Knowing the key reasons many home sellers elect to sell "as is," home buyers can benefit from such sales if they know how to protect themselves.

The best way for a buyer to protect against an unscrupulous seller who "forgot" to disclose a serious but known home defect is for the buyer to include a professional inspection contingency clause in the purchase offer.

Buyers of every house and condominium should include such an inspection clause making the purchase offer contingent on the buyer's approval of their professional home inspector's report. That means, after the home seller accepts the buyer's purchase offer, the buyer hires a professional inspector and then approves or disapproves their written report.

Home buyers should be wary of inspectors recommended by the real estate agent. Such an inspector might be known as "easy" and not a "deal killer." Ask such inspectors recommended by a realty agent about their experience, background and professional memberships.

An excellent credential is an experienced independent inspector who belongs to one of the professional home inspections organizations.

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.

Chino Hills House $610,000

LP: $ 610,000

Status:	Active
Bedrooms:	4
Baths:	2.50/
Built:	2001
Square Feet:	2,196

Property Description: This Beautiful Home In The Fairfield Ranch Community Features Laminate Floors,Upgraded Berber Carpet,Upgraded Tile,Plantation Shutters,Custom Silk Taffeta Drapes,Crown Molding, And Custom Baseboards. Cathedral Ceilings In The Living And Dining Room Area Make The Home Feel Very Open And Spacious When You Immediately Walk In. Extremely Clean And Very Well Maintained. Complete Pride Of Ownership With Amazing Curb Appeal. Your Clients Will Not Be Disppointed.

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.

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.

Choosing Your Real Estate Appraiser

If you have been thinking about purchasing a real estate property for personal use or as an investment, you’ll need to hire the services of a real estate investor. If you play to finance your home through a bank or other lender, you’ll more than likely need to get the property appraised first. Banks and most lenders want to know the value of the home for your protection, as well as make sure that the home they are financing is worth the total amount that you take on the loan.

In most cases, the appraisal indicates that the home does indeed meet or exceed the asking price. In some cases however, the appraisal will come back saying that the home is worth less than the selling price. If this is the case, the buyer normally has to either drop the deal or try to negotiate with the seller to get a price that meets the appraisal.

For those very reasons, a real estate appraiser is very important. When you are dealing with a home, one appraisal can make a deal or break it. Even though you may not be financing your purchase through a lender or the bank, you should still make an effort to get the home appraised and find out the true value. You should also make a point to find the best appraiser that you can afford. If you hire an appraiser who isn’t that experienced, you’ll pay for it later when you discover that the property isn’t worth what you paid for it.

A real estate appraiser will go through the home performing an evaluation, and then provide you with a written evaluation after he has gathered all necessary information. Appraisers will also taken into consideration the replacement costs as well. Also, they will have to very land descriptions as well. There is a lot of work involved with appraisals, which is why it’s so very important that each step of the process is performed correctly by a qualified real estate appraiser.

If you have a real estate agent, he or she will more than likely be able to make a recommendation. Keep in mind that this doesn’t mean the recommendation is the best; it’s just someone who your agent works with. To ensure that you get the right appraisal on your home you’ll need to find yourself an appraiser who is capable of completing the job.

When you look for your real estate appraiser, you should look for someone who comes highly recommended. You can ask family and friends for their opinions, or search local papers, even the Internet. If you take your time and search for the best real estate appraiser that you can find – you’ll normally get an appraisal that is right on target.

Buying Your Dream Home

Even though it’s not easy for everyone to buy a home, it is in fact easier than ever to get a home these days with most lending agencies and banks being more liberal than ever with providing home loans and mortgages. Even if you don’t have a lot of capital or a lot of money to put down, you can still get the home of your dreams at a very affordable price.

A lot of us think that buying a home is a tough process, needing a large down payment, although this isn’t always the case. Buying a home largely depends on your budget. If you put a down payment on your home purchase, it will go towards your overall purchase. The more money you put down on a home when you purchase, the lower your monthly payments will be.

Those of us who don’t own a home live in rental houses and apartments. This can be a worthwhile solution, although your still paying money towards your housing that you could instead be putting towards a home of your own. Owning a home is a dream for many of us, especially when it comes to that dream home that we all hope to own one day. Apartments and homes are great to rent - although most these days will cost you just as much as a mortgage payment - which doesn’t make any sense at all.

Instead, you can easily convert your rental payments into monthly installments towards your own home. All across the United States, you can find of lot of banks and lenders that offer easy to get loans for purchasing your own home or real estate property at low interest rates. With a lot interest rate, you can get the home of your dreams and enjoy low monthly payments.

Keep in mind, you need to choose a loan plan that’s best for you. You can go through bank, through a lender, or use a service online. There are many different ways that you can go, although real estate agents seem to be the most common now days. Good real estate agents will be more than willing to help you get a great deal on the home, at prices that are right for you. Anytime you buy a house, you should always plan ahead, get yourself a real estate agent, and then pursue your dream home.

If you plan your budget and take things one step at a time, you’ll be closer than you think to the home of your dreams. If you choose to keep renting and pay money toward something you don’t own - the home of your dreams will continue to slip away. Take action now and stop renting - find the home of your dreams and put your money towards owning it instead.