Chino Hills Real Estate Analysis:

CHINO HILLS Real Estate- The four main reasons that people migrate to Chino Hills are the beauty of Chino Hills, the safety in Chino Hills, the good school district in Chino Hills, and the fast value growth of Chino Hills. According to 2005 listing from CNN/Money and Money magazine for the top 100 places to live, Chino Hills was ranked 68th in America and took 7th place in North and South California.
Chino Hills Real Estate: On the first week of August there were 11 homes sold, 14 homes in pending and 7 backup listings. The total unsold inventory remained the same as last week. The sales rate for July is estimated to be at 20.1% (updated 08-09-2011)	Homes sold in the past four years
CHINO Real Estate - The City of Chino is centrally located in the western portion of the Inland Empire, in the lush valley below the San Gabriel Valley Mountains. Commercial and industrial growth has been a significant success in Chino, due in large part to the City’s development friendly philosophy. The community of Chino is still growing, there are still new homes being built in "The Preserve." There are still many newer built homes that are priced very low due to the high HOA fees that are averting buyers. It is still a great opportunity for investors and first time homebuyers to snatch up these great deals.
Chino Real Estate: On the first week of August there were 15 homes sold, 16 homes in pending and 7 backup listings. The total unsold inventory increased a little since the previous week. The sales rate for July is estimated to be 26.9%. (updated 08-09-2011)	Homes sold in the past four years
EASTVALE (CORONA) Real Estate -Great news! Eastale is officially an incorporated city on OCTOBER 1, 2010!!! Located in the North Western corner of Riverside County; CA, Eastvale is a rapidly growing community with well over a dozen developers building new neighborhoods. It is a place where families can enjoy quiet residential streets, easy access to freeways and shopping, new public school facilities and high quality housing. Residents have quick access to several major roadways, including Interstate 15 and State Routes 71, 60 and 91. Eastvale has quickly become a neighborhood of choice. Ever since the year of 2007, a lot of properties in Eastvale (Corona) have become Bank Owned and Short Sale property. In the declining real estate market nowadays, many investors chose to purchase short sale and REO properties of Eastvale (Corona) for investment.
Eastvale Real Estate: Eastvale Real Estate: On the first week of August there were 14 homes sold, 13 homes in pending and 8 backup listings. The total unsold inventory remained roughly the same since the previous week. The updated sales rate for July is estimated to be at  25.4%. (updated 08-09-2011)	Homes sold in the past four years

The Best Real Estate Website:
Taking part in a real estate transaction will probably be one of your mostimportant investments and is a very difficult process. From my experience as atop real estate agent, I have designed this website to aid you through thatprocess whether your intentions are to buy a home or sell a home. I haveorganized my front page so that you can have the easiest access to all of yourreal estate questions. Chino Hills home buyers, Chino home buyers, and Eastvalehome buyers can start by browsing through my current listings or searching in mydirect link to the MLS. Prospective Chino Hills short sale sellers or Eastvaleshort sale sellers can look at my extensive short sale guide for a personalhands-on guide that I have compiled through my years of doing short sales. Shortsale questions? Click on my Short Sale FAQ to find all your answers to the ShortSale Process. Regular Chino Hills sellers and Chino buyers can obtain anestimate on their property with the quick and easy self-estimate method, get afree CMA estimate report, or even an on-site evaluation. Both buyers and sellerswill also find a plethora of useful information such as real estate articles,real estate statistics, and many other reports. The best real estate agent isone that informs you of everything that is happening in real estate, especiallyin your market areas. No matter if it is from Short Sale Process to REOs, I havethe most complete information there is. Short Sale FAQ section will have youamazed of all the Short Sale Process that needs to be done. My goal is to makesure that all of my clients are knowledgeable, so I make sure that I can providethe best real estate website for you.

As an Expert Local Agent:
As an Expert Local Chino Hills Agent and Chino realtor working for ColdwellBanker Top Team, I have become their #1 agent (realtor) Short sale specialist injust two years. I specialize in Chino, Chino Hills, and Eastvale but I alsoserve various surrounding cities such as Eastvale (Corona Valley,) West Covina,Walnut, Rowland Heights, Diamond Bar, Upland, Rancho Cucamonga, and Corona. Whenpeople are buying or selling a property, it is in their best interest to hire anexpert local agent so that all real estate questions and short sale questionsare answered to the fullest! My many skills and knowledge is from being anCertified HAFA Specialist, an Certified Equator Platinum Agent, and an CertifiedEquator Short Sale Agent.

Need a Short Sale? I'm A Certified Short Sale Specialist:In a short sale, the lender allows the property to be sold for less than thetotal amount due in the loan and most of the time will forgive the remainingdebt. However, the success rate of a short sale is actually less than 30% due tothe lack of experienced agents who do them. Finding the right agent is the firstimportant step towards a successful short sale. As a Certified Short SaleSpecialist with an abundance of real estate experience, I am here to help guideand assist you through this tough and swampy time. I have recently expanded myshort sale to as far west as Monterey Park or Pasadena area for Los AngelesCounty; as far east as Fontana, Moreno Valley area for the San BernardinoCounty, as far south as Irvine, Santa Ana area for the Orange County; and alsoas far north as the 210 freeway to assist all of my distressed homeowners. I ama Diamond Bar Short Sale Specialist, Walnut Short Sale Specialist, West CovinaShort Sale Specialist, Upland Short Sale Specialist, Rancho Cucamonga Short SaleSpecialist, Corona Short Sale Specialist, and Fontana Short Sale Specialist. Ifyou ever have any short sale questions, I am the real estate agent you want toask. I am a Upland Real Estate Agent, Rancho Cucamonga Real Estate Agent,Eastvale Real Estate Agent, and Corona Real Estate Agent, I am a Chino HillsShort Sale Specialist that you can count on. Certified Short Sale Specialist(CSSS) and Certified Pre-foreclosure Specialist (CPFS) is a qualification veryfew agents have. And now to add to my list, I am Certified HAFA Short SaleSpecialist, Certified Equator Platinum Agent, and Certified Equator Short SaleSpecialist Agent. Understanding short sales and bank owned properties makes it alot easier to decide on an effective offer price.

The End Result is Most Important:
Every real estate agent or realtor is different in regards to their capabilitiesand work ethics. Various agents or realtors also have unique pros and cons.Regardless of what type of selling and buying strategy an agent or realtor usesor how hard they are willing to work, what’s important are the end results, thefacts. An agent or realtor can claim to be the best Agent / Realtor, a top agent/ realtor, or anything he or she desires but the results are what truly reflectstheir ability. Aside from a few special cases, I have successfully sold almostall of my listed properties within the past 10 years and have a similar successrate in finding homes for buyers as an Chino realtor, Chino agent, Chino Hillsrealtor, Chino Hills agent and now an Eastvale realtor, Eastvale agent, EastvaleShort Sale Specialist. A prospective buyer and seller’s key concern should bethe end result. I have a near flawless selling record within the past 10 yearsand the reason I am able to accomplish this in areas like Eastvale is because ofI have  designed a very detailed and complete system for conducting real estatetransactions, maximizing chances of success. If any short sale specialistquestion, go to my Short Sale Specialist FAQ for all the answers. There is alsoanswers to your Homebuyer tax credit questions. In addition, I focus on honestyand ethics when dealing with clients and other real estate agents or realtorswhich has earned me the reputation of top Chino Hills realtor and Chino Valleyreal estate agent. This is especially apparent as a Chino Hills agent short saleSpecialist, Chino Short Sale Specialist and now a Eastvale agent Short SaleSpecialist, where I have consistently achieved a high sales volume for years andranked as the top realtor among top agents or realtors. To all of my clients,they consider me as Chino Hills short sale specialist, Chino Hills short saleagent, Chino short sale specialist, Chino short sale agent, Eastvale short salespecialist, Upland short sale specialist, Upland short sale agent, UplandRealtor, rancho Cucamonga short sale specialist, Rancho Cucamonga short saleagent, Rancho Cucamonga realtor, Walnut Diamond Bar short sale specialist,Walnut short sale specialist, west covina short sale specialist, fontana shortsale specialist, Corona short sale agent, Corona realtor, and Corona best RealEstate Certified Short Sale Specialist.

Today's Top Real Estate News:
Provided by Inman News

	LinkedIn		Digg		Facebook
	Mixx		MySpace		Twitter
	Delicious		Reddit		Google Buzz

     

The California Legislature recently enacted Senate Bill 931 generally
prohibiting a deficiency judgment after a short sale for first trust deed
lenders of one-to-four residential units.  The following charts are easy-to-use
reference guides for REALTORS® and their clients to determine the general
applicability of anti-deficiency rules for short sales and foreclosures.  These
charts do not cover all aspects of any individual case or situation.

---

Short Sale Deficiencies Fact Sheet

General Rule	Unless otherwise exempt, no judgment shall be rendered for a deficiency for a first trust deed lender of one-to-four residential units if the borrower sells for less than the amount owed with the lender’s written consent. A first trust deed lender’s written consent shall obligate the lender to accept the sale proceeds as full payment and to fully discharge the remaining debt on the first trust deed.
Effective Date	January 1, 2011
Applicability	First deed of trust for a dwelling of not more than four units.
Exceptions	Exceptions include: Junior liens Lender seeking damages for fraud or waste; Borrower is a corporation; or Borrower is a political subdivision of the state.
C.A.R. Standard Form	C.A.R.’s Short Sale Information and Advisory (Form SSIA) paragraph 4A2 discloses this law to sellers and buyers.
Practice Tip	Regardless of the law, it would be prudent for a borrower to obtain the lender's agreement to release the borrower from liability for the balance due on the note in writing and signed by the lender.
Legal Authority	The full text of SB 931, which adds section 580e to the California Code of Civil Procedure, is available at http://www.car.org/legal/2011-new-laws/.

Short Sale v. Judicial Foreclosure  Homeowner (1 to 4 units) Generally Protected Against Deficiency

Type of Loan	After Short Sale	After Judicial Foreclosure*
First Trust Deed	Yes	Yes, if purchase-money and owner-occupied
Second Trust Deed	No	Yes, if purchase-money and owner- occupied
Purchase Money Loan	Yes	Yes, if owner-occupied
Rate-and-Term Refinance	Yes	No
Cash-Out Refinance	Yes	No
Owner-Occupied Home	Yes	Yes, if purchase money
Nonowner-Occupied Home	Yes	No

*Note: Certain exceptions may apply, including wiped-out junior liens, fraud, and bad faith waste. Also no deficiency judgment shall be rendered if a lender forecloses by trustee’s sale (CCP § 580d) or if a loan is seller-financed (CCP § 580b). See C.A.R.’s legal article entitled Deficiency Judgments and California Law, available for C.A.R. members at http://qa.car.org.

---

This chart is just one of the many legal publications and services offered by C.A.R. to its members.  For a complete listing of C.A.R.'s legal products and services, please visit www.car.org.

Readers who require specific advice should consult an attorney.  C.A.R. members requiring legal assistance may contact C.A.R.'s Member Legal Hotline at (213) 739 8282, Monday through Friday, 9:00 a.m. to 6:00p.m. and Saturday, from 10 a.m. to 2 p.m.  C.A.R. members who are broker-owners, office managers, or Designated REALTORS® may contact the Member Legal Hotline at (213) 739 8350 to receive expedited service.  Members may also submit online requests to speak with an attorney on the Member Legal Hotline by going to http://www.car.org/legal/legal-hotline-access/.  Written correspondence should be addressed to:

CALIFORNIA ASSOCIATION OF REALTORS®
Member Legal
Services
525 South Virgil Avenue
Los Angeles, California 90020

---

Copyright© 2011, CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.). Permission is granted to C.A.R. members only to reprint and use this material for non-commercial purposes provided credit is given to the C.A.R. Legal Department. Other reproduction or use is strictly prohibited without the express written permission of the C.A.R. Legal Department. All rights reserved. Written by Stella H. Ling, Esq.

The information contained herein is believed accurate as of January 26, 2011. It is intended to provide general answers to general questions and is not intended as a substitute for individual legal advice. Advice in specific situations may differ depending upon a wide variety of factors. Therefore, readers with specific legal questions should seek the advice of an attorney.