JUMBO AIRPLANES ARE COOL !

JUMBO DESSERTS ARE BETTER !

JUMBO LOANS CAN BE GOOD TOO!  There are great deals in the upper price ranges in Orange County.  Our upscale CASH BUYERS are getting major discounts on their dream homes.  For three years the jumbo loans were virtually gone.  Now they are almost back to normal with five year low interest rates.  It may be time to look for that dream home.  The loan you need is available.

CALL THE JONRON REAL ESTATE TEAM TODAY.

Yes we really do live in Paradise.

Check out the link for a video of south orange county from the top of Niguel Summit.

CALL THE JONRON TEAM TO LIVE IN PARADISE

We Realtors have to advertise - Right?  So one way we do it is with our contests.  Check it out.  No purchase required.

From the JonRon Real Estate Team - Go USA.

Doesn’t mean a short or quick close - THAT IS FOR SURE.

Doesn’t mean your Realtor is vertically challenged.

To find out log on to our short sale website. 

Thanks from the JonRon RE Team.

Check out this new listing on a culdesac in the Rancho Niguel subdivision of Laguna Niguel.  Three bedroom with a unique design built 5 years after the rest of the tract.  Updated kitchen and new bath plus view.  Walk three blocks to the famous Rancho Niguel Club with 8 tennis courts, indoor racquetball, weight room, sport courts and heated year around lap pool. Price $635,000 - standard sale.

Call the JonRon Team today for private showing. Check out our Spring Contest too.

Don’t be a fence sitter! Home-buyers should act sooner rather than later.

Did you know that the Feds do not determine the mortgage interest rate?  This largest determining factor are bonds.  We watch the 10 year bond.  The Feds determine the short term rate at which banks loan to each other.  If the Feds keep rates artificially low for too long and the public feels like the economy is improving they will take money out of bonds and interest rates will go up.  If the Feds raise rates too early the public may flock to bonds for safety and the rates will go down.

If you were to buy a home today at current rates under 5% you would have a super good rate and save long term interest.  If you wait till the interest rates go up 1% then you would have to buy your home for a full 10% less to have the equivalent payment.  In addition the long term cost of the loan goes way up.   Fence sitting is for the BIRDS.

CALL THE JONRON REAL ESTATE TEAM.

CONGRATULATIONS ****

$100 Gift Certificates to the Melting Pot Restaurant -

Joy Robinson & Family and Vicky Smithwa & Family

BOX OF SEE’S CHOCOLATES - Winners

Cheryl Deacon, Maryte Hansen, Deborah Hartman, Tom & Teresa Howe, Ami McGloon, Mike & Lana Oliver, Brad Parker, Sarah Sharifan, Shelley Wagner & Holli Gutierrez.

Watch for our next ”Spring Cleaning Contest” coming soon from the JonRon Real Estate Team. 

Good News - short sales can be a good deal for the home buyer with time on their hands.

 BAD NEWS - BACK HOA DUES HEADACHE.

Yes, we are seeing this more and more.  Back Home Owners Association DUES coming up at the last minute when you think you are home free on your Short Sale purchase.  Why??? at the last minute??  Because escrow has to order the demands from the HOA management companies and they won’t order them until escrow instructions are signed and returned.  HOA management companies have 10 days to respond but in many cases these delinquent dues have been passed onto a COLLECTION AGENCY.  Guess what?? As soon as that happens the lawyers fees add up and before you know it the fees are astronomical.  I saw a small condo advertised today in the MLS which said that the buyer would have to pay an additional $22000 to purchase the property.  The banks are getting more stubborn on this and seem unwilling to pay these fees in many cases. 

Shouldn’t the seller pay them you say?  Yes but they are often in financial distress and sometimes long gone.  If the property goes to foreclosure then the HOA looses out and the collection agency may pursue the seller.  If the buyer wants to buy the short sale and the bank will not help then the only parties left are the agents and the buyer.

If you are buying property in today’s market you need expert representation.  Call the JonRon Real Estate Team.

DON’T WORRY THE RAIN WILL END - I GUARANTEE IT! As the suit guy says. 

Here are some interesting HOUSING STATS.  If you are a buyer looking for a detached home to buy in Laguna Niguel today under $600,000 you have 17 to look at.  Wow that is not very many.  If you want one that is a standard sale (not short sale) then the number to look at drops to 8 (Yes Eight !!)  That is not very many.

If you are looking for a regular sale in Aliso Viejo under 600K that is detached you have a whopping 11 from which to choose.  If you are looking for a detached home in Mission Viejo that is a standard sale the choice improves to 66. 

The moral of the story is that there is a window of opportunity for equity sellersin Laguna Niguel right now.  Buyers are looking, rates are great and the choice is slim.  Besides if you are moving to another home and you have been in your current one for 5 years then you could receive a $6500 tax credit.  Not bad!  

The way to get top dollar for your home in any market is to use an experienced agent who MARKETS YOUR HOME ON THE INTERNET!  Call the JonRon Real Estate Team at Keller Williams Realty (third largest real estate company in America).  You can reach us at 949-364-0400 or respond to our blog.  STAY DRY.

Inventory is DOWN - Buyer interest is UP - Interest rates are way DOWN !!!!!!

Laguna Niguel - 268 total active home listings (95 short sales/16 REO’s) - compare to 750 in Fall 2007.

Mission Viejo - 265 total active home listings (92 short sales / 11 REO’s)

Alsio Viejo - 64 total active listings (64 short sales / 9 REO’s)

Dana Point - 235 total active listings (56 short sales / 6 REO’s)

Laguna Hills - 99 total active listings (29 short sales / 8 REO’s)

We are finding that standard EQUITY SELLERS are becoming more reasonable about the market and are motivated.  CALL THE JONRON REALESTATE TEAM TODAY!