March 2013

There are 20 blog entries for March 2013.

Tustin is a quiet town with a strong sense of community. Rated one of the best places to live in Southern California mainly due to it's short commute time relative to other Southern California cities, it is a great place to settle down and raise a family. If you are looking for Tustin homes for sale or sell a home in Tustin, First Team makes sure you can stay up to date with the real estate market with the Market Trends tool. Continue reading to see what's been happening in Tustin's real estate market.   [caption id="attachment_3471" align="alignnone" width="500"]Active Inventory Report in Tustin, March 2013 Active Inventory Report in Tustin, March 2013[/caption] As of a month ago, Tustin's active inventory increased by 24 homes from the 41 active listings of 3 months ago. At the same time,…

The first day of spring was 8 days ago and the weather is perfect for starting your garden. Whether you have a garden you work on every year or if this is your first spring planting, here are 22 tips that will help make your garden the envy of the neighborhood.

 

1. Start gardening before hot weather

Hot weather is brutal for tender plants and definitely past the point of planning. Get started on your garden while the weather is still cool, or at least confused as Southern California’s often is in Spring. Prepare your soil, plan out your garden, plant fruit trees, shrubs and roses. The earlier you get started the more plant options you’ll have for your garden.

 

2. Help seedlings sprout by removing winter mulch.

Planting flowers or vegetables from

Make sure you find time this weekend, March 30 and 31, 2013, to check out these First Team open houses in Riverside, Orange and Los Angeles Counties. With 39 homes to choose from, you’re bound to find at least one worth a visit. Don't let your busy schedule stop you from dropping by an open house that grabs your attention for a 10 or 15 minutes to get a feel for the home and neighborhood. Attendee’s tip: Before going to any open houses, know what a home and neighborhood must have to make you happy long term. Don’t waste your weekend going to homes that obviously are not for you.

The City of Orange is a quaint town in Orange County with a rich history. If you are looking for Orange homes for sale and you love unique houses, you will find too many homes to love in this city’s historic district. Unlike other cities in Orange County, many of the homes in the one mile radius of Old Towne Orange, were built before the 1920’s. Most of these homes are unique. A drive down any of the side streets in the historic district will show these homes with even more unique decorations and inhabitants.

Orange embraces and celebrates its history. It is the only town in Orange County that was planned around a plaza and traffic circle, commonly referred to as simply the Circle. The town and its residents pride themselves on maintaining Orange’s

When you are house hunting, it is common to find that a home is either already in escrow or that your offer was rejected in favor of another home buyer. In both cases, sellers are often willing to accept backup offers.

This is just one of the many things your buyer's agent can help you with in order to make your home buying process more successful. Before you submit a backup offer, make sure you read through these 5 tips and facts to ensure you make the most out of your backup offer.

What is a backup offer?

A backup offer is a secondary offer on a home that is already in contract. If the primary contract collapses, the backup offer contract becomes active without the home going back on the market. Traditionally, the backup offer also includes a

For the week of March 24, 2013, First Team’s Weekly Mortgage Watch infographic highlights the following:
  • A tiny island in the Mediterranean and some caution from the Fed helped mortgage rates reverse course and slip downward last week. The banking crisis in the small country of Cyprus has gripped much of the financial world. While the sums of money being dealt with during this crisis are very small in relative terms, especially compared to other EU counties, the impact could be very significant and precedent setting. If Cyprus is ejected from the Euro-Zone, could other countries follow suit? That uncertainty, and the Fed lowering its economic forecasts while leaving support programs unmodified, was more than enough to cool financial markets.

The City of Orange, located just off the 22 and 55 freeways, is a popular locale in Orange County. It has unique homes, many of which have been standing for over 100 years, and a charming, small-town quality. If you are looking to move to the City of Orange, First Team makes it easy for you to keep an eye on the Orange real estate market trends. Inventory Report [caption id="attachment_3338" align="aligncenter" width="500"]Active Inventory Report, February 2013 Active Inventory Report, February 2013[/caption] Active inventory in Orange increased by 25 homes last month from 146 homes for sale three months prior. Within the same time frame, pending inventory, or homes in escrow, increased by 26 homes from 74, and actual sold homes decreased by 48 from 97 homes sold 3 months ago. Average

Compare your March 23 and 24, 2013 weekend schedule with the times and dates of this weekend’s open houses and plan for a weekend of home hunting. You have 53 open houses across 4 counties to choose from. This is your opportunity to ask questions and check out unphotographed parts of each home with your agent by your side.

Attendee’s tip: Homes are selling quickly in today’s market. Be ready to present an offer! Bring your agent with you to start negotiations at the open house in case you find your dream home.  Remember the listing agent represents the seller’s interest, not yours.

Every county has the city that gets it started, it’s first city. For Orange County, it’s Anaheim. Founded in 1857 by German winemakers, it became the first city in Orange County by the end of the century. Considered by many as the entertainment capital of the county and nicknamed the Heart of Orange County, Anaheim is the most populated city in Orange County with 341,361 people living on its 50.5 square miles of land.

Schools

If you have yet to choose one of the many Anaheim homes for sale, and you have school aged children, it’s a great idea to look at what the city has to offer academically. With 68 elementary and high schools to choose from, you are bound to find a school your children will love. Anaheim is exclusively serviced by 2 school

Once your offer on a house has been accepted, you have officially entered the closing process. You and the seller, or your agents or attorneys, will draw up a purchase agreement with mutually acceptable terms and conditions for the transfer of ownership and deposit them in escrow. Escrow is a neutral third party, usually an escrow company, that will hold funds and documents until each prerequisite of their release is met.

Unless you are paying with cash, closing takes between 30 to 45 days. During this time, there are important terms and conditions you should learn, and a few important steps you must take to ensure the approval of your loan. If you are just getting started on your home search, make sure you avoid common, costly mistakes homebuyers make