Kris and Kim's Blog
Great Stuff on Interesting Topics
New Listing: 3073 Arlington Ave, Riverside – Ground Up Remodel
Quiet and Serene, Remodeled in 2013. This home is simply beautiful! You’re met with palms, green gardens and lush lawn. The front entry boasts an arts and craft inspired pergola protecting the entry from the elements. As you enter 3073 Arlington Ave Riverside New Listing…the custom hardwood entry, you’ll step through the foyer into an expansive family living area.
The recent whole house renovations are apparent as you have the feel of a brand new home. Kitchen is well appointed for the chef, with generous polished stone prep counters and new cabinetry. Stainless appliances are throughout. The farm-style island is a central gathering point for a large family and friends. Master bedroom features an on-suite w/walk-in closet and two bedrooms and bathroom are all first floor accessible. HVAC is new and whole-house fan refreshes your home in minutes.
3073 Arlington Avenue Riverside CA 92506 Video
A second story loft is spacious for the additional bedroom, his or her “cave”, entertaining or home office. The private, rear grounds are alive with trees, garden and water feature. A large, family covered porch awaits a refreshing drink and al fresco dining. Adjacent the entertaining area is an above ground spa to add to your relaxation.
3073 Arlington Ave Riverside New Listing
As the buyer of this home, you’ll enjoy the benefits of an expansive renovation, giving you the feel of a “new-build” home in this established Arlington neighborhood. This lovely home is located across from the esteemed California School for the Deaf. Local schools include Polytechnic (Poly); Gage; Victoria. Buyer to verify square footage.
Specifics:
- 4 bed
- 2 1/4 baths
- 2 Car Garage
- 2,389 SqFt
- Lot size 9,583 SqFt
- $485,000.00
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Congress Considering Extending Home Buyer Tax Credit Closing Deadline
What if the home-buyer tax credit worked too well? That’s the latest concern from the real-estate industry, which says that a last-minute home-buying rush in April created bottlenecks at lenders and real-estate service companies that may not be able to finalize...
Bank of America's Matt Vernon Pushing Cooperative Short Sales
Earlier this week a top executive at Bank of America told an REO conference in Dallas that the lender would be focusing more on short sales than ever before. At first hearing this, I assumed it was because of the government's Home Affordable Foreclosure Alternative...
Another Blow For Housing…Refinancing…going. going…gone?
A surprise in this morning's weekly mortgage applications report from the Mortgage Bankers Association. I'm not talking about the part that said purchase applications tanked another 5.7 percent, now down 42 percent from where they were at the end of the home buyer tax...
30 Yr Mortgage Hits 4.58%…Creeping Ever closer to Free Money!
Mortgage rates for 30-year fixed mortgages fell this week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 4.58 percent, down from 4.67 percent at this same time last week. This is the lowest rate recorded since Zillow Mortgage...
Sheryl Crow Bailing Out of Tennessee…$7,500,000 for 154 Acres and a Sweet Pad
Singer Sheryl Crow discovered you can take the girl out of the country, but you can’t take the country out of the girl. And so, in 2008, Crow bought a magnificent 154-acre farm about 40 minutes south of Nashville to be near her sister and family in Missouri and moved...
Bank Of America Prefers Short Sales to REO's! Avoiding Foreclosure
Homeowners, this is fantastic news! Bank of America, is one of the largest lenders holding mortgages here in California... Bank of America also stated they were anticipating more strategic short sales as the housing market continues to decline. They are willing to...
Bank Of America…Equator Platform equals 200,000 Short Sales Completed
Equator, formerly known as REOTrans, has seen 200,000 short sales close on its automated platform in seven months, said Chris Saitta, CEO of Equator. Lenders can elect to enable the agent-initiated feature within Equator’s network platform, a move that the firms says...
Unemployed, Tips For Job Search..Uplifting Article, Good Source
We know times are tough, and there are a lot of you that have been laid off and looking for work. I came across this article today....for anyone that needs some encouragement and good tips on the job search. Everyone has been told it's easier to get a job when you...
Real Housewife of NJ’s in Foreclosure…More Gossip!
Nearly $11 million. That’s the amount of debt that Real Housewives’ of NJ Teresa Giudice and her husband, Joe, are facing, and includes the foreclosure of their Towaco, NJ mansion (above), which is used in the Real Housewives’ series. They have filed for bankruptcy...
Bank Of America Starts Principal Reduction.. Forbearance In The Mix….
In a recent article, Bank of America "Circles the Wagon" on principal reduction....Lot's of "May" and "If"....nothing about how much principal "May" be written down...Until we get more information....here you go! Bank of America said it has initiated its new earned...
California Assembly Bill 1639 Requires a Foreclosure Mediation Mortgage Workout Program or "MMW"
You know...the more we read about CA the less I am concerned that we are the litigious state that we have the esteemed label of being. Lot's of new laws hitting the Halls of Sacramento for consideraton...laws that have already been in place in many other states...
California Senate Bill (SB) 1275 Passed This Week More Protections for Homeowners
This new bill will protect home owners facing foreclosure on their Single Family residence by: Making it mandatory for mortgage servicers, mortgage companies and banks to file a "declaration of compliance" stating that they have followed the CA state foreclosure laws....
Shadow Inventory Up 9.1% in 1st Quarter 2010 from Last Quarter 2009
This information is hot off the press...Thanks to the fine folks at Housing Wire... According to SNL Financial and Morgan Stanley Foreclosed Properties...Increased to $41.5 in Q1 '10 up 12.4% from previous quarter. Shadow inventory up 9.1% in Q1 '10 to $78.6 BILLION...
Bank of America's Principal Reduction Program Underway
My very skeptical thoughts on this... Short Sales are successful, however, BofA does not want to pay the commissions, pay toward the 2nd and 3rd lien holders, past due taxes, etc...that is required in a Short Sale and in the HAFA program. Bank of America is going to...
Bank Of America Negotiating With Sellers Who Opt For Strategic Short Sale
This is fantastic news from Jack Schakett, Bank of America Senior Vice President for credit loss and mitigation strategies. A huge stumbling block for a homeowner doing a Short Sale is the fact that their lender may pursue a deficiency judgement. The government has...
Ontario, CA Council to Add 'In God We Trust' to the city seal at City Hall
This was such an uplifting and unexpected turn of events in our city. It makes us proud to be Residents of this city. Here is the story from our local newspaper. What is sad is that the newpapers editor had to find some "athiest" clown from another state...some place...
Rent A Home Or Buy A Home…What's Better In This Economy?
Obviously as prices come down, which obviously they have, renters who never thought they could afford a home now can. Add in a couple of government subsidies, like a tax credit and artificially low mortgage interest rates, and a touch of desperate un- or...
What's Your Opinion on Strategic Short Sales?
First an explanation of what a Strategic Short Sale really is..... You own a home that is upside down in equity. You can afford to make the monthly payments. You have made a decision to Short Sale the property and cut your losses-thinking non emotional about an...