MURRIETA/TEMECULA/MENIFEE CA. REAL ESTATE - CAMERON WILSON

 For the past 8 weeks I have been working with a couple who had a very specific type of home they wanted to purchase in Murrieta, California that would include such things as a pool, views of the valley, 3 car garage and RV parking if possible with low taxes. Tall order but not impossible and over the course of our relationship they made offers on 3 bank owned properties (REOs) but were outbid every-time.

 Two weeks ago a property came onto the market through the Multiple Listing Service (MLS) at 10;05 AM and at 10:20 I called the seller to make a appointment to show her home that day and to my surprise she told me it was not a good day to show her house and slammed the phone down. Now I am not the sharpest tool in the shed but this smells like a divorce to me so I called the listing agent and asked how far into the divorce her clients were and could she get my clients into the property.

 Lucy the listing agent was surprised I knew the situation and after explaining her clients had been divorced for 15 months and it was time to sell the house she agreed to meet us at the property at 2:30 so I could show my clients the house but she did warn me Ms.Seller may be present. My response, OK.

 Long story made short my clients made a full price offer at 4:15 which I took to Lucy and she in turn called Mr Seller & Ms Seller to inform them of our offer which they did accept at 6:45 but Ms. Seller did inform me, we were on speaker phone, that she did not like me very much at all because I sold her house way too fast.

 Hmmm, Buyers market, thousands of homes on the market, one showing, sold in 9 hours, full price, I'm SORRY.

 Escrow closes this upcoming Friday.

DISCLAIMER: The listing agents name has been changed to protect the Professional.

 The Sellers priced this property correctly for the market but they didn't have a FIRE sale.

 Southwest Riverside County, which includes Murrieta, Temecula, Menifee and surrounding communities, has been flooded with bargain hunters taking advantage of the lower prices on foreclosed properties held by banks, (REOs) and the low interest available to them in greater numbers than ever before.

 Escrows closed on 522 homes in March and that is the largest number since August 2006 according to the local multiple listing service covering the region. The numbers rose by double digits compared with 2007 levels for January, February and March.

 Dataquick Information Systems reported that 56% of the homes sold in Riverside County Ca. were foreclosed properties held by banks. This surge in the market shows buyers know a good deal when they see it and they are not only looking they are buying and enjoying the lifestyle only available in the Murrieta, Temecula, Menifee Valley.

 From the gated communities of Bear Creek and Greer Ranch to the beauty of Redhawk to the south thru the wine country of Temecula that rivals those of Napa, Ca. more and more people are realizing there dreams of home ownership in this beautiful Valley we call home.

 So you have decided now is the perfect opportunity to purchase a home as the prices are down and the interest rates are favorable and with all the bank owned properties, REO, on the market in the Murrieta, Temecula, Menifee Valley area of California all we need to do is pick one, make an offer and call the moving company. Wrong!!!

 All of those statements as to price, interest rates and number of REO's are true but the fact of the matter is there are many people such as you competing for the best properties and the banks are receiving multiple offers which they must choose what they consider to be the best one and it's not always the highest priced or cash offer that gets accepted.

 As an example this past week I had a client get his offer accepted from a pool of 14 offers, yes 14, and his offer was not the highest but the way it was written and documented caused his offer to rise to the top and get accepted and he will be calling the moving company because he is moving in 30 days. Meanwhile 13 families are starting the process all over again hoping the next offer they make will be accepted. Will it?

 The offer needs to be written and structured in such a way that the bank can completely understand the offer, be assured the buyer is serious, know that the buyer understands the banks terms of sale and can close on time.This is but a few of the things that need to go into an offer on REO properties and all offers are not created equal and the knowledge of the real estate agent can make or break the offer.

 Representation by a Professional who understands the process is critical so get the best agent possible to represent YOU no matter where you are going to purchase and if you are looking in the Murrieta, Temecula, Menifee valley please feel free to contact me to discuss YOUR needs.

 The latest statistics have been released by the Department of Real Estate in California and it should bring concern to anyone who will be selling or buying real estate now or in the future as for most of us our homes are the largest asset we posses.

 In The State of California 548,959 people have a real estate license and that works out to 1 license for every 67 people living in the state. With the number of home sales handled by agents in 2007 that translates into less than 1 transaction per licensee and 2008 will no doubt shrink those numbers dramatically.

 Mr & Mrs Consumer it is up to you to do your due diligence and find out as much information about your agent as you possibly can as they will be representing you in one of the largest and most important transactions you will ever do and you owe it to yourself to seek out the best representation possible.

 Don't be afraid to ask questions such as How long they have been selling Real Estate, The number of transactions closed, For recommendations from past clients, Are they full time agents and anything else that would help You to choose a Professional that you feel comfortable working with and representing You.

 If You are considering buying or selling a home in the Murrieta, Temecula, Menifee Valley please allow me the opportunity to meet with you and I promise to answer all your questions honestly as I have done with all my clients for over 20 years.

 My Focus is and Always Will be To Help Others Acheive THEIR Goals !!!!

 Mr and Mrs Murrieta Ca. home buyer please do not ask me for the lockbox code on the property you just drove past. Those codes are for agents only and as a professional real estate agent I take my profession seriously as I hope your Doctor does as well.Yes I do remember you previously worked with an agent who gave you the codes to properties in Temecula Ca. but you did say you felt he wasn't doing a good job in helping you to find a new home.

 Please allow me to assure you we will fnd the right home at the best price and terms and you did like the homes we saw on Friday plus the property you are calling about is on my list for our tour on Monday and there is one home in Menifee that meets your criteria that you may want to see.

 Please don't apologize for getting angry and I'm glad you understand why I don't give out lockbox combo numbers and I'll see you Monday at 10:00 at my office. Thanks for calling.

 PS. This couple purchased their new home in Menifee this past Monday.

 If you are looking for a home in Murrieta, Temecula or Menifee Ca.please allow me to assist you in your search but please do not call me for lockbox combo numbers.