Temecula, Murrieta, French Valley, Winchester Real Estate: March 2010

Wachovia has been very aggressive in recent months, training some Winchester Realtors® to work within the system they've set up to Fast-Track qualifying Short Sales. They've also sent out over sixty-six thousand packages to borrowers who are struggling with their payments, notifying them of their Fast-Track program.

Owners of Winchester Real Estate who are having a tough time paying their mortgage (or even those who can forecast a hardship in the near future) are advised to seek the help of a Wachovia Fast-Track Trained Realtor® who can help them understand their options.

Benefits to the seller include:

• Quick approval of hardship (3-4 days)
• Quick approval of sale price and purchase offer (5-7 days)
• Offer approval good for 30 days - Extensions are easy
• YOU DO NOT HAVE TO BE DELINQUENT
• DEFICIENCY IS RELEASED
• May be eligible to receive "Cash for Keys" payout
• Okay for investor to purchase and rent back (But the investor may not be a family member.)

Qualifying loans may have been originated by one of the following lenders:

• Golden West Financial
• World Savings
• Wachovia

Contact Aim Real Estate Group to speak with a Wachovia Fast-Track Trained Realtor® and see if this might be the right option for you!

Wachovia has been very aggressive in recent months, training some Murrieta Realtors® to work within the system they've set up to Fast-Track qualifying Short Sales. They've also sent out over sixty-six thousand packages to borrowers who are struggling with their payments, notifying them of their Fast-Track program.

Owners of Murrieta Real Estate who are having a tough time paying their mortgage (or even those who can forecast a hardship in the near future) are advised to seek the help of a Wachovia Fast-Track Trained Realtor® who can help them understand their options.

Benefits to the seller include:

• Quick approval of hardship (3-4 days)
• Quick approval of sale price and purchase offer (5-7 days)
• Offer approval good for 30 days - Extensions are easy
• YOU DO NOT HAVE TO BE DELINQUENT
• DEFICIENCY IS RELEASED
• May be eligible to receive "Cash for Keys" payout
• Okay for investor to purchase and rent back (But the investor may not be a family member.)

Qualifying loans may have been originated by one of the following lenders:

• Golden West Financial
• World Savings
• Wachovia

Contact Aim Real Estate Group to speak with a Wachovia Fast-Track Trained Realtor® and see if this might be the right option for you!

Wachovia has been very aggressive in recent months, training some Temecula Realtors® to work within the system they've set up to Fast-Track qualifying Short Sales. They've also sent out over sixty-six thousand packages to borrowers who are struggling with their payments, notifying them of their Fast-Track program.

Owners of Temecula Real Estate who are having a tough time paying their mortgage (or even those who can forecast a hardship in the near future) are advised to seek the help of a Wachovia Fast-Track Trained Realtor® who can help them understand their options.

Benefits to the seller include:

• Quick approval of hardship (3-4 days)
• Quick approval of sale price and purchase offer (5-7 days)
• Offer approval good for 30 days - Extensions are easy
• YOU DO NOT HAVE TO BE DELINQUENT
• DEFICIENCY IS RELEASED
• May be eligible to receive "Cash for Keys" payout
• Okay for investor to purchase and rent back (But the investor may not be a family member.)

Qualifying loans may have been originated by one of the following lenders:

• Golden West Financial
• World Savings
• Wachovia

Contact Aim Real Estate Group to speak with a Wachovia Fast-Track Trained Realtor® and see if this might be the right option for you!

Recent reports indicate that President Obama will announce more measures to prevent foreclosures throughout the U.S.

The new plan encourages the Federal Housing Administration to insure lenders against part of the losses they'll sustain after reducing the principal balances on borrower's notes.

Lenders will be asked to bring the note balance down below the homes current value. When there is a 1st and a 2nd the guidelines will permit no more than a 115% LTV after the note balances are reduced.

Also in the plan is a provision for the Treasury to pay a portion of an unemployed homeowner's loans for up to three months while they look for a new job.

We'll keep an eye out for this one and let you know when/if it gets implemented.

-Temecula Realtors®

First time home buyers of Winchester Real Estate will be happy to learn of a new tax credit they may be able to claim in conjunction with the purchase of their new home.

If buyer's were shopping last year they may remember that there was a California tax credit in 2009 as well. One of the major differences between this new program and the one from 2009 is that this program is for the purchase of ANY home and is NOT LIMITED to the purchase of new construction. Even though it was limited to new construction, the program in 2009 was so successful that they ran out of funds 8 months before the program was scheduled to end.

AB 183 (signed by Governor Schwarzenegger last week) allocates $200,000,000 to be split equally between buyers of existing homes and buyers of new or previously unoccupied homes.

This program applies to purchases between May 1, 2010 and July 31, 2011 (but you must be on contract by no later than December 31, 2010 to qualify).

The new First Time Home Buyer California Tax Credit will allow eligible buyers to claim either 5% of the home's purchase price or $10,000 (whichever is less). The tax credit can be taken in 3 equal installments taken over 3 consecutive years and requires that the purchaser live in the home as their principal residence for 2 years. If the 2 year occupancy requirement is not met, any credit taken would have to be repaid to the state.

*** Other Restrictions apply ***

Please contact your Temecula Realtors®(serving all of the Temecula Valley) for more information.

----------------------------- 

The Federal Home Buyer Tax Credit program is set to expire April 30, 2010. (As long as a binding contract is in place, the closing can take place on or before June 30, 2010 and still qualify.)

-Winchester Real Estate Pros

First time home buyers of Murrieta Real Estate will be happy to learn of a new tax credit they may be able to claim in conjunction with the purchase of their new home.

If buyer's were shopping last year they may remember that there was a California tax credit in 2009 as well. One of the major differences between this new program and the one from 2009 is that this program is for the purchase of ANY home and is NOT LIMITED to the purchase of new construction. Even though it was limited to new construction, the program in 2009 was so successful that they ran out of funds 8 months before the program was scheduled to end.

AB 183 (signed by Governor Schwarzenegger last week) allocates $200,000,000 to be split equally between buyers of existing homes and buyers of new or previously unoccupied homes.

This program applies to purchases between May 1, 2010 and July 31, 2011 (but you must be on contract by no later than December 31, 2010 to qualify).

The new First Time Home Buyer California Tax Credit will allow eligible buyers to claim either 5% of the home's purchase price or $10,000 (whichever is less). The tax credit can be taken in 3 equal installments taken over 3 consecutive years and requires that the purchaser live in the home as their principal residence for 2 years. If the 2 year occupancy requirement is not met, any credit taken would have to be repaid to the state.

*** Other Restrictions apply ***

Please contact your Temecula Realtors®(serving all of the Temecula Valley) for more information.

----------------------------- 

The Federal Home Buyer Tax Credit program is set to expire April 30, 2010. (As long as a binding contract is in place, the closing can take place on or before June 30, 2010 and still qualify.)

-Murrieta Real Estate Pros

First time home buyers of Temecula Real Estate will be happy to learn of a new tax credit they may be able to claim in conjunction with the purchase of their new home.

If buyer's were shopping last year they may remember that there was a California tax credit in 2009 as well. One of the major differences between this new program and the one from 2009 is that this program is for the purchase of ANY home and is NOT LIMITED to the purchase of new construction. Even though it was limited to new construction, the program in 2009 was so successful that they ran out of funds 8 months before the program was scheduled to end.

AB 183 (signed by Governor Schwarzenegger last week) allocates $200,000,000 to be split equally between buyers of existing homes and buyers of new or previously unoccupied homes.

This program applies to purchases between May 1, 2010 and July 31, 2011 (but you must be on contract by no later than December 31, 2010 to qualify).

The new First Time Home Buyer California Tax Credit will allow eligible buyers to claim either 5% of the home's purchase price or $10,000 (whichever is less). The tax credit can be taken in 3 equal installments taken over 3 consecutive years and requires that the purchaser live in the home as their principal residence for 2 years. If the 2 year occupancy requirement is not met, any credit taken would have to be repaid to the state.

*** Other Restrictions apply ***

Please contact your Temecula Realtors®(serving all of the Temecula Valley) for more information.

----------------------------- 

The Federal Home Buyer Tax Credit program is set to expire April 30, 2010. (As long as a binding contract is in place, the closing can take place on or before June 30, 2010 and still qualify.)

-Temecula Real Estate Pros

Alternative Purchase Options

Do you want to purchase Winchester Real Estate?

Have you been turned down for a Home Loan?

Was it for one of the following reasons?:

• Low Fico
• Debt to income ratio too high
• Not enough money for big down payment and closing costs
• Investor with TOO MANY LOANS (Many may have heard of the rescission last year by Fannie and Freddie of the "no more than 4 loans" rule. The number went up to 10. But, trying to find a lender that will approve you with more than 4, is a completely different story. AND WHAT IF YOU WANT MORE THAN 10??
• Recent Bankruptcy - yesterday?
• Recent Divorce - in the middle of a divorce?
• In the middle of a lawsuit

By teaming up with the right Temecula Area Realtor (who MUST be a Deal Engineer) you might still be able to purchase at today's prices and enjoy some of the following benefits:

• Quick transaction - Quick occupancy
• APPRECIATION
• No waiting on the Banks for a DENIAL of your loan application and no hassle of trying to get your earnest money deposit back after paying for a home inspection and appraisal up front.
• No limit to the number of properties you can purchase (if you have the means, we'll help you buy 100!)
• Buy 1 day out of Bankruptcy
• Buy in the middle of a lawsuit
• Proven techniques used by Donald Trump, Louis Brown, James Smith, Ron LeGrand, Bruce Norris and thousands of other Real Estate buyers & sellers - but so mainstream that the California Association of Realtors® has all the contracts and disclosures pre-printed, vetted by their legal departments and ready for the right Deal Engineer to put to them to use for YOU!

 To find out more about your options, contact Aim Real Estate Group for a free consultation. Straight answers - no obligations.

See the Alternative Purchase Options page at AimREG.com

- Temecula Area Homes for Sale

Alternative Purchase Options

Do you want to purchase Murrieta Real Estate?

Have you been turned down for a Home Loan?

Was it for one of the following reasons?:

• Low Fico
• Debt to income ratio too high
• Not enough money for big down payment and closing costs
• Investor with TOO MANY LOANS (Many may have heard of the rescission last year by Fannie and Freddie of the "no more than 4 loans" rule. The number went up to 10. But, trying to find a lender that will approve you with more than 4, is a completely different story. AND WHAT IF YOU WANT MORE THAN 10??
• Recent Bankruptcy - yesterday?
• Recent Divorce - in the middle of a divorce?
• In the middle of a lawsuit

By teaming up with the right Murrieta Realtor (who MUST be a Deal Engineer) you might still be able to purchase at today's prices and enjoy some of the following benefits:

• Quick transaction - Quick occupancy
• APPRECIATION
• No waiting on the Banks for a DENIAL of your loan application and no hassle of trying to get your earnest money deposit back after paying for a home inspection and appraisal up front.
• No limit to the number of properties you can purchase (if you have the means, we'll help you buy 100!)
• Buy 1 day out of Bankruptcy
• Buy in the middle of a lawsuit
• Proven techniques used by Donald Trump, Louis Brown, James Smith, Ron LeGrand, Bruce Norris and thousands of other Real Estate buyers & sellers - but so mainstream that the California Association of Realtors® has all the contracts and disclosures pre-printed, vetted by their legal departments and ready for the right Deal Engineer to put to them to use for YOU!

 To find out more about your options, contact Aim Real Estate Group for a free consultation. Straight answers - no obligations.

See the Alternative Purchase Options page at AimREG.com

- Temecula area Homes for Sale

Alternative Purchase Options

Do you want to purchase Temecula Real Estate?

Have you been turned down for a Home Loan?

Was it for one of the following reasons?:

• Low Fico
• Debt to income ratio too high
• Not enough money for big down payment and closing costs
• Investor with TOO MANY LOANS (Many may have heard of the rescission last year by Fannie and Freddie of the "no more than 4 loans" rule. The number went up to 10. But, trying to find a lender that will approve you with more than 4, is a completely different story. AND WHAT IF YOU WANT MORE THAN 10??
• Recent Bankruptcy - yesterday?
• Recent Divorce - in the middle of a divorce?
• In the middle of a lawsuit

By teaming up with the right Temecula Realtor (who MUST be a Deal Engineer) you might still be able to purchase at today's prices and enjoy some of the following benefits:

• Quick transaction - Quick occupancy
• APPRECIATION
• No waiting on the Banks for a DENIAL of your loan application and no hassle of trying to get your earnest money deposit back after paying for a home inspection and appraisal up front.
• No limit to the number of properties you can purchase (if you have the means, we'll help you buy 100!)
• Buy 1 day out of Bankruptcy
• Buy in the middle of a lawsuit
• Proven techniques used by Donald Trump, Louis Brown, James Smith, Ron LeGrand, Bruce Norris and thousands of other Real Estate buyers & sellers - but so mainstream that the California Association of Realtors® has all the contracts and disclosures pre-printed, vetted by their legal departments and ready for the right Deal Engineer to put to them to use for YOU!

 To find out more about your options, contact Aim Real Estate Group for a free consultation. Straight answers - no obligations.

See the Alternative Purchase Options page at AimREG.com

- Temecula Homes for Sale