We Specialize In These Inland Empire Communities

Eastvale - Corona - Norco - Riverside - Jurupa Valley
Chino Hills - Rancho Cucamonga

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How we helped Ernie sell his home by always being positive

"I talked to more than 10 realtors. They saw what I owed on the house and what the value was, and they wouldn't even touch it. He was the only one that was positive about the whole thing. He stuck with it. He told us exactly what to do to stage the house, and hired a guy that took some great pictures. He was the only person that took me on."

What Makes Us Different from Other Agents?



The Inland Empire area has an excellent selection of real estate with a wide variety of different qualities and features. If you're looking to list your home on the market,CLICK HERE to obtain a Free Home Value Report, or if you're a prospective home buyer, GO HERE to perform a Full Home Search. For any other questions you have regarding your own property, or the current state of the Inland Empire area real estate market, please contact me.  

Inland Empire Real Estate Agent
Today we wanted to take some time to answer a question we get asked all the time in the business when talking to prospective clients. They want to know, "What makes you different from other agents? And why should we choose you?"

That's a great question. 95% of the time you will choose an agent that you either like or trust. First, let's focus on the trust. You want to be able to trust the agent you hire to help your family reach your goals, in every way possible. If something doesn't happen the way you need it to, it could greatly affect your life.

We feel that we have better connections, better knowledge of the market, and better marketing to help you reach your goals. We pride ourselves in being honest and trustworthy, and won't let you down when it comes to buying or selling a home.
 

If you have any questions, we are available 100% of the time to help you out. Give us a call or send us an email with any specific questions, and we look forward to hearing from you soon!

The Best Way to Market Your Home



The Inland Empire area has an excellent selection of real estate with a wide variety of different qualities and features. If you're looking to list your home on the market,CLICK HERE to obtain a Free Home Value Report, or if you're a prospective home buyer, GO HERE to perform a Full Home Search. For any other questions you have regarding your own property, or the current state of the Inland Empire area real estate market, please contact me.  

Inland Empire Real Estate Agent
Thanks for joining us again, everyone. Today I wanted to answer a simple question I get asked a lot by sellers: How will you market my home? There are really only 2 ways to market a home: actively and passively.

Passive marketing is the traditional, tried and true method. Most agents take the listing, take some photographs, maybe hold an open house or two, put it on the MLS, and wait. We have come to find that this method is outdated, and it's not really the best way to sell your home for top dollar.

The main goal we have when selling is to maximize your value range, and the best way to do that is with an active approach to marketing. We take professional photographs, along with video, and list the home on the MLS. In addition to this, we will go through and contact our large active buyer database on the phone and send them your listing directly. Having this huge, active pool is how we are going to create demand for your home and get you the most money possible on your sale. We won't just wait around for buyers to come to us, we will go find them, and convince them to purchase your home.

If you have any questions for me, I'd be glad to answer them. Give me a call or send me a quick email to get in touch. I'd love to meet with you to talk about your home and how we can get you the most money possible if you are thinking about selling.

How we helped Ned sell his home by being energetic and professional


"The market had slowed down a bit, but he did everything he could to sell the house. He was responsive and kept in touch with us throughout the process. He did well when it came time to negotiate with the buyers, too. He’s very energetic and professional. He’s got a great personality, and he’s easy to deal with! We were happy with all the work that he did."

What Are the Latest Inland Empire Real Estate Market Statistics?



The Inland Empire area has an excellent selection of real estate with a wide variety of different qualities and features. If you're looking to list your home on the market,CLICK HERE to obtain a Free Home Value Report, or if you're a prospective home buyer, GO HERE to perform a Full Home Search. For any other questions you have regarding your own property, or the current state of the Inland Empire area real estate market, please contact me.  

Inland Empire Real Estate Agent
Hey there everyone, thanks for joining us today. We are well into 2015, so today we wanted to give you some statistics about how the year has started so far in real estate. All of these statistics are from Corona, Norco, and Eastvale. After we analyze them, we will let you know what they are telling us about what's in store for the rest of 2015.

Before we get into 2015, let's talk about what we saw in 2014. It was mostly a rebuilding year for the Inland Empire, but it wasn't without some interesting developments.

The most interesting thing to happen has to do with FHA. They have dropped their mortgage insurance premium by half, saving people hundreds a month on their mortgage payments. We have clients that can now look at homes that were previously out of their price range by up to $30,000 because of these reduced premiums. Your buying power in our market has never been higher.

So far this year, we only have 4.5 months of inventory. This is a low number, typically equating to a strong seller's market. This, coupled with the data, has us wondering where the market will go.

The average home in January has been on the market for about 67 days, which is a normal rate. The median price of listings is at $470,000, with the median sales price being around $430,000. No, this doesn't mean that sellers are having to take $40,000 off the price of their home. Many homes that are listed are never sold because they are priced too high. This is where the $470,000 figure comes from.

We've got some good and bad data, so what that tells us is that our local market is still having some conflicting information. You will probably see sellers trying to raise the prices of their homes, while buyers are trying to lowball them to get a good deal.

We are predicting 2015 to be a relatively flat year, without a lot of appreciation. If you are thinking about buying or selling, make sure you are informed. If you have any questions at all, give us a call or send us an email and we would love to answer them.

How we helped Kim with her real estate needs with our professionalism


"Nelson was on point with everything he did for me. He was incredibly professional and I never had any problems with him. I’m not very literate on a computer when it comes to attaching files or sending documentation and Nelson was able to help me. Not only did he go online to show me the steps, I even was able to trust him with my password and he was willing to do it for me! I really admire Nelson for everything he did for me."

How we helped Sandra buy a home by providing a lot of resources for her

"I had gone to a couple of real estate agents before I went to Nelson and they couldn’t figure out what I wanted and they didn’t have the time for me because of my budget. Nelson went to every house I wanted to look at and when we found one in the area I wanted, he was able to get the bid in immediately so that we were the first offer. He provided a lot of resources for me and he never pushed me into anything. He always kept me up to date and overall, everything was really great."

How do you Get Started as a Buyer?


The Inland Empire area has an excellent selection of real estate with a wide variety of different qualities and features. If you're looking to list your home on the market,CLICK HERE to obtain a Free Home Value Report, or if you're a prospective home buyer, GO HERE to perform a Full Home Search. For any other questions you have regarding your own property, or the current state of the Inland Empire area real estate market, please contact me.  

Today we are going to answer one of the most common questions we are asked. People always want to know how exactly to get started as a buyer in this market. To become a buyer in the Inland Empire market, you really have to do 3 things:

1. Determine what your goals are 
What do you want? It's not as simple an answer as "I want a home" or "I want a condo." Do you want to be close to family? Do you want to move into a bigger house? A smaller house? Do you want to live near good schools? All of these factors play into what your goals are and they have drastic effects on how you view and search for your ideal property. Without setting clearly defined goals, you will just be going in circles.

2. Focus in on an area 
Sometimes you just want to be in a specific city or town, but you really can narrow down your area to a certain neighborhood, block, or street. Whether your area of focus is wide or narrow, we have the tools and training to help you out.

3. Determine how much you want to pay
It doesn't matter if you were pre-qualified for one million, or one hundred thousand, it's going to be hard for you to really love your home if you feel house poor. Our goal in every transaction is to make sure you are happy with us and with your home. It's all about what you are comfortable with paying, and we don't want to make you pay a cent more.

If you have any specific questions about buying a home or about real estate in general, feel free to reach out to us. We would love to answer your call or email!

What's Going On with the Inland Empire Housing Market?


The Inland Empire area has an excellent selection of real estate with a wide variety of different qualities and features. If you're looking to list your home on the market,CLICK HERE to obtain a Free Home Value Report, or if you're a prospective home buyer, GO HERE to perform a Full Home Search. For any other questions you have regarding your own property, or the current state of the Inland Empire area real estate market, please contact me.  

Today, we want to address some disconcerting trends we've seen in the Inland Empire market lately. Based on these trends, we're starting to think we're on the verge of another bubble in the real estate market.

The unfavorable conditions have been occurring in the middle- and upper-market value ranges, where we've seen housing prices drop and the average days on market increase. If you are currently looking to buy and sell a home, you're going to have to navigate a tricky market. In the last few months, home prices have continued to rise, but the pace of sales has slowed. This makes for a very unstable market, where price increases have out-stripped the buying ability of most buyers. Because of this, many buyers are waiting on the sidelines until homes are priced at their true market values.

Homes priced around $415,000 and above are sitting on the market for a long time and there is a combination of factors preventing them from being sold. For one, the FHA in Riverside County dropped their loan limits earlier this year, which has made it harder for buyers to borrow. Additionally, we are coming off huge increases in home values at the end of 2013 and many sellers have continued to price their homes at peak value. So, what we're seeing is a strong disconnect between buyers and sellers, which will only cause stagnation and price decreases.

So what should you do if you're in the market?
  • Sellers: If you are in a "need to" sell situation, you need to be careful with this market. We suggest you price your home aggressively to avoid riding a downward market wave. Be active and keep aware, and know that your comparable from a few months ago may be much different than it is now. 
  • Buyers: There is a lot of potential for good deals out there. You must also be careful though, as many homes are currently priced above their market value. Do your homework and you should be able to make something happen.
It's important to note that these conditions probably don't apply to all micro markets. This bubble is mostly affecting homes in higher price ranges. For example, we had a personal listing in Corona in the $300,000's that sold in a week. Buyers are more active in those markets because they are within conforming loan limits, which helps buyers borrow more easily.

You can take a closer look at the Unsold Inventory Index here, where you'll see that the amount of unsold inventory is significantly higher than in 2013. You can also view the sales share by price range here and the change in sales by price range here - where you'll get a visual picture of how our current market looks and why we think we're in a housing bubble here in the Inland Empire.

If you have any questions about the market in your specific area or would like some help navigating this market, don't hesitate to reach out to us. We would love to lend our expertise to your next real estate venture!
 

Escrow Essentials


The Inland Empire area has an excellent selection of real estate with a wide variety of different qualities and features. If you're looking to list your home on the market,CLICK HERE to obtain a Free Home Value Report, or if you're a prospective home buyer, GO HERE to perform a Full Home Search. For any other questions you have regarding your own property, or the current state of the Inland Empire area real estate market, please contact me.  

Welcome back to our video blog! Today is the third part of our series about our service providers and how they are integral to your home transaction. Today we will be talking to Megan Freeman from Cornerstone Escrow about the definition of an escrow service and its role in real estate. Escrow is a confusing term for a lot of people who aren't familiar with it, so Megan is here to explain to you all the ins and outs of escrow.

Cornerstone Escrow is an independent escrow company that has served all of Southern California for about 9 years. Escrow is a service that provides the public with protection in the handling of documents and funds in a real estate transaction. What escrow does is enable buyers and sellers to conduct business through a neutral 3rd party, minimizing risk. All parties involved give their separate instructions to the escrow holder, whose duty is to assure that no funds change hands until all instructions are met.

Why do you need an escrow? Well, with the increasing difficulty of business, law, and tax structure, it takes a trained professional to supervise a transaction. Whether you are a buyer, seller, or borrower, you want assurance that no funds or property will change hands until all instructions are met. Most times, escrow involves the transfer, lease, or financing of a property.

If you would like to get more info on escrow, visit www.cornerstoneescrow.com. If you have any questions for us, please let us know. We'd be glad to help out. 

How we helped Sandra purchase a home by always being available

"I really enjoyed working with Nelson. He was always available to me and made me feel that I was his only client. Anytime I called or emailed, he would respond right away. I felt very comfortable with him and I felt that I could talk to him about any questions or uncertainties I had."

Eastvale Market Update for Summer 2014


The Inland Empire area has an excellent selection of real estate with a wide variety of different qualities and features. If you're looking to list your home on the market,CLICK HERE to obtain a Free Home Value Report, or if you're a prospective home buyer, GO HERE to perform a Full Home Search. For any other questions you have regarding your own property, or the current state of the Inland Empire area real estate market, please contact me.  

  Today we are going to give you a quick market update for Eastvale and the 92880 zip code. Here are some statistics we have compiled so you can know what's going on in your area:
  • Right now, there are 183 total active properties in Eastvale with about 149 in off-market status (pending sales, in escrow, in hold). 
  • Of the sold listings in Eastvale, 22% had at least one price decrease while on the market.
  • The average sales price is $481,000.
  • The average days on the market is 43 days, up from the 18 days we saw last year. 
  • Valuations remain largely flat this year, mostly due to the loan limit decrease.
  • A conforming loan limit in Riverside County is $417,000 and FHA loan limits are about $355,000. 
  • The average listing in Eastvale on the low end is $400,000 but goes up all the way to $900,000.
We are currently pricing out a big portion of our buyer pool and until the mortgage market picks up, we are going to stay largely flat. Last year, values shot up so quickly that you have sellers trying to price right now at the peak of last year and we aren't quite hitting those figures.

If you have any questions about the Eastvale market or about your specific property and what it's value is, please let us know. Just give us a call and we will be happy to give you a personalized valuation so you know what your property is truly worth.

Be Prepared - Know What You Need to Have in Order to Submit an Offer

The Inland Empire area has an excellent selection of real estate with a wide variety of different qualities and features. If you're looking to list your home on the market,CLICK HERE to obtain a Free Home Value Report, or if you're a prospective home buyer, GO HERE to perform a Full Home Search. For any other questions you have regarding your own property, or the current state of the Inland Empire area real estate market, please contact me.  

One of the most common questions we get from residents in and around the Inland Empire area is: What do I need to have in order to submit an offer? Assuming you have gone through the preliminary steps - you've spoken to a lender, received a pre-qualification letter, and have been out on the road looking for properties - there are 4 things you need to have in order to submit an offer.
  1. The offer itself: We will generate this for you and send it over for you to sign. 
  2. The pre-qualification letter: We will already have this in your file so it's ready to go when it's time to make an offer.
  3. A copy of the deposit check: This represents what you are going to be submitting into escrow. It is a placeholder that gives a sense of security to both the buyer and the seller. 
  4. Proof of funds for the down payment: The seller needs proof that you have the money for the down payment. It can be in the form of a statement or printout, to show that you are a viable buyer, and that there will be no problems in escrow. 
 As you can see, making an offer is not difficult. By being prepared, you can set yourself apart from other buyers to ensure your offer gets accepted. The real complications come during the negotiation process, which we will cover in a future video. 

If you have any further questions about making an offer, or need help of any kind with the buying or selling process, give us a call. We would love to give you a hand.

How we helped Gina with her real estate needs by being attentive to all her needs


"Everything went really great! He was attentive to all of our needs so if we had any questions, he gave us the answers very clearly and quickly. He went out of his way to get the information from the other agents and also helped us get in touch with a lender."

Pre- Approval: Why Qualifying for a Loan is the Most Important Step


The Inland Empire area has an excellent selection of real estate with a wide variety of different qualities and features. If you're looking to list your home on the market, CLICK HERE to obtain a Free Home Value Report, or if you're a prospective home buyer, GO HERE to perform a Full Home Search. For any other questions you have regarding your own property, or the current state of the Inland Empire area real estate market, please contact me.  

Purchasing a new home is always an exciting time in your life. Exploring different properties and deciding which one is perfect for you is a rewarding experience. I can't tell you how many times we have seen a client fall in love with a home, only to have their dreams dashed by not being able to afford it. We don't want this to happen to you, so today we have invited Vance Vanevenhoven, our preferred lender from Lighthouse Lending, to come and talk to you about the importance of getting pre-approved in the home buying process.

It is key in the Inland Empire market to get pre-approved before you are even out looking at properties. We don't want you to be shown a home in a price point that you do not qualify for, because all that is doing is wasting your time. The worst thing that can happen as a buyer is falling in love with a property, only to get denied approval on a loan. By getting a pre-approval, you will know which homes are in your price range and which ones aren't. This will make the home buying process that much better for you.

Another thing pre-approval does is provide assurance for the seller so they know that the buyer can afford the home. Most sellers and agents in the Inland Empire won't even accept offers without a pre-approval letter attached.

If you have any questions about pre-approval or just the home buying process in general, please don't hesitate to give us a call. We would be more than happy to help you! 

Title Insurance: What You Need to Know


The Inland Empire area has an excellent selection of real estate with a wide variety of different qualities and features. If you're looking to list your home on the market, CLICK HERE to obtain a Free Home Value Report, or if you're a prospective home buyer, GO HERE to perform a Full Home Search. For any other questions you have regarding your own property, or the current state of the Inland Empire area real estate market, please contact me.  

For a real estate transaction to come to fruition, it requires a large amount of people to work together in harmony. I feel as if many consumers don't really know who does what or who gets paid for what. Because of this, I will be starting a 5 or 6 part video series to educate you more thoroughly about who's who in a real estate transaction.

Today we will be discussing Title Insurance. It's kind of an odd thing that I think most people don't have a good understanding of. That's why I have brought along Nate Preuit from Fidelity National Title.

There are usually 2 policies issued in a real estate transaction. The first of these policies is Homeowner's Insurance, and this is typically bought by the seller on behalf of the buyer. It ensures that any of the seller's debts, liens, or judicial matters have been cleared away so that the buyer can sell the home later down the road without running into any of these issues. This basically protects you from situations where the title to your home would be contested.

The second policy issued would be the Loan Policy insuring the lender in the first lien position. If a borrower defaults, the lender would want to be paid first through foreclosure sales, so we ensure them a first lien position which allows that to happen. You can find more information about this at www.natepreuit.com.

The thing with title insurance is that you often don't hear anything about it until it becomes a problem. This is when we really appreciate Nate and the people on his team because they take great care of us.

As always, if you're looking to buy, sell, or invest in real estate in the Inland Empire, then please feel free to contact me. I am always here to help.  


Below you will find more supplemental documents that will aid you in understanding Title Insurance and its function in your real estate transaction. Message me with any questions.

How we helped Deborah buy a home by being proactive


"I had been working with another agent and she didn’t really have the time for me because she was too busy so I went to Nelson and he made time for me. He went through everything that I needed him to do to help me find the right place. I had a lot of issues with my lender and he was very proactive about following up and pushing the process through. I’d definitely refer him!"

How we helped Jackie buy a home by always being available


"We had a really great experience with Nelson. He was always available to show us different properties and was always there to take our call. We had heard from our friends that some Realtors didn’t get return phone calls so we were very grateful for Nelson’s responsiveness."

How we helped Leeanne buy and sell a home with our knowledge about the process

 
"Nelson did a great job for us because he was able to locate the ideal home for our family. He was very knowledgeable about the whole process and was very capable to explaining what we needed to do to get things moving. Nelson is also very dedicated to helping his clients meet their needs. Work with Nelson!"

Sell Property on Your Own Terms

 
 The Inland Empire area has an excellent selection of real estate with a wide variety of different qualities and features. If you're looking to list your home on the market, CLICK HERE to obtain a Free Home Value Report, or if you're a prospective home buyer, GO HERE to perform a Full Home Search. For any other questions you have regarding your own property, or the current state of the Inland Empire area real estate market, please contact me.  

Whenever somebody asks me what makes my team different, my first instinct is to provide evidence with numbers. Numbers such as our marketing budget, which is 30x that of an average agent. Another number I like to use is 10, as in our number of closed sales are 10x higher than the average agent. Another number I use is  3000, the number of active buyers on our site findinlandempirehomes.com. Finally, the number 150, which references the number of variables in our evaluation system that ensures your home sells for the highest possible dollar amount.

All these numbers, however, are just tools. They are not what makes us truly special. What makes us different is our commitment and devotion to customer service. Simply put, we hold your concerns above all others, including our own. This may sound like common sense for any sensible real estate team, but the truth is that it is not always common practice in our line of work.  Make the right choice and contact our team today. We promise that with our undying devotion to your needs, you will not be disappointed.

Inland Empire Real Estate Market Update for June 2014



The Inland Empire area has an excellent selection of real estate with a wide variety of different qualities and features. If you're looking to list your home on the market, CLICK HERE to obtain a Free Home Value Report, or if you're a prospective home buyer, GO HERE to perform a Full Home Search. For any other questions you have regarding your own property, or the current state of the Inland Empire area real estate market, please contact me.  

Inland Empire Real Estate Market Update
Today I wanted to give you a little market update for the Inland Empire. For my own purposes, this update will encompass the entire 92880 zip code. This includes parts of Corona, but not all areas. Here is a quick rundown of what's happening:
  • There are 183 active properties and 149 off-market listings in the Inland Empire .
    • I say off-market because they are pending in Escrow and are only accepting backup offers.
  • Of the properties that have been sold, 22% of those listings had a price decrease during the life of the listing.
  • The average sale price is $481,000 dollars. 
  • Average days on market is 43 days. This is way down from the average of 18 days last year.
  • Loan limits have decreased in Riverside County. Conforming loan limits are capped at $417,000 and FHA Loan limits hit their peak at $355,000 dollars. 
    • This severely hampers the buying power of consumers in the Inland Empire. This will limit sales and probably slow them down quite a bit. I don't see prices going south, but I do expect them to flatten.
Hopefully this information will be useful to you, and if you have any specific questions about your Inland Empire property, then please don't hesitate to ask me. I would be very happy to come out to your house and provide you with a personal market analysis.

Thanks again for taking the time to watch my Inland Empire real estate blog.