Prepared By:: Michele Little
Prepared By:: Michele Little
Prepared By:: Michele Little
Michele Little
Little & Little Associates 5510 Morehouse Drive San Diego, CA 92121 Office: 8583626134 Fax: 8585359313 Email: [email protected]
Michele Little
Affiliation
Little & Little Associates 5510 Morehouse Drive San Diego, CA 92121 Office 8583626134 Fax 8585359313
Our Company
We have been conducting business in the local area for many years. We have and continue to work hard to gain the respect of these many distinguished communities. This recognition is built upon a respect for our clients and neighbors. We hope your experience with us will further this reputation of personalized service and client satisfaction. Our company is comprised of people who live and work in the surrounding communities. We have personal knowledge of each neighborhoods nature, and growth possibilities. Based on this we hope to find the perfect fit for you and your family. Every community is different. Whether your focus is schools, shopping, transportation, or recreational facilities our associates will draw upon their knowledge of the local areas to find the ideal property to meet your needs. We supplement this high-touch philosophy, with a high tech edge. We have quick access to local MLS computers and software to help us analyze local market conditions. If you are one of the growing number of real estate investors, our commercial division is more than capable to provide our clients with commercial and income property opportunities. Our best asset is our people. Our dedicated and talented staff of professionals will make every effort to make sure your transaction goes as smoothly as possible. We understand that we need to earn your business. We hope the level of detail found within this Comparative Market Analysis helps you with your decision making process. We want to do as much as possible to give you the information you need to price and market your most valuable asset - your home.
Negotiating concerns much more than just agreeing to a fair price. Some of these other issues might be: Terms and Financing. Date of Possession. The inclusion/exclusion of repairs or furnishings and distribution of incidental costs. Time for inspections before you are bound to complete the purchase. A real estate professional can advise you to which inspections are required or recommended.
Monitoring Managing the daunting amount of steps. The process of appraisals, inspections, and financing involves a lot of possible challenges. Many required legal forms and processes need to be completed and the process managed correctly.
Renegotiating and Closing/Settling Experience reading and following complicated escrow instructions. Your real estate professional is the best person to objectively help you understand these issues and move the transaction to closing/settlement. Organizing inspectors and other professionals involved in the transaction. Your agent can meet and negotiate regarding repairs needed to complete your contract. Industry contracts provide great resources for other professionals in many areas with knowledge as to their past skill and reliability.
Buyer Consultation
Item
Explain the need to meet with a Lender to determine if buyer is qualified to buy Review overall market conditions Explain the risks of HUD, Short Sales, and Foreclosure Properties Review Search Criteria and identify "Must Haves" Find out what neighborhood and school information may be important Describe the necessary financial documents the Lender will need Identify homes to tour onsite Sign Buyer Broker Agreement (a.k.a. Exclusive Representation Agreement) Conduct the Buyer Tour Discuss offer strategies and terms and make the offer Explain the importance of critical time periods Choose a licensed Home and Termite Inspector
Prepared by Michele Little
Completed
Buyer Consultation
Item
Discuss the benefits of a Home Warranty Select a Home Insurance provider
Completed
Tour Analysis
Number of Listings Lowest List Price Average List Price Highest List Price Average Price/SqFt Average DOM
13451 Babcock Dr
915 S Sheridan St
$0
$50,000
$100,000
$150,000
Address
915 S Sheridan St 314 S Belle Ave 13451 Babcock Dr
Date Listed
7/26/2011 6/19/2011 4/26/2011
Listing Price
$110,000 $140,000 $145,000
Driving Directions
Total Distance: 8.55 mi (about 13 min) corona ca
Distance: 1 mi (about 3 min) 1. 2. 3. 4. 5. 6. Depart S Vicentia Ave toward W 6TH St Turn left onto W 6TH St Turn right onto W Grand Blvd Turn left onto W 9TH St Turn right onto S Sheridan St Arrive at 915 S Sheridan St, Corona, CA 92882-3347 0.17 mi (about 1 min) 0.12 mi (about 1 min) 0.37 mi (about 1 min) 0.27 mi (about 1 min) 0.07 mi (about 1 min) 0 mi (about 0 min)
Driving Directions
1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. Depart S Belle Ave toward W 3RD St Turn right onto W 3RD St Turn left onto S Main St Take ramp right for CA-91 East toward Riverside Take ramp right and follow signs for McKinley Street Turn right onto N McKinley St Turn right onto Magnolia Ave Turn left onto Grant St Turn left onto Harlow Ave, and then immediately turn right onto Wagoner Ln Turn left onto Babcock Dr Arrive at 13451 Babcock Dr, Corona, CA 92879-1910
0.07 mi (about 1
0.24 mi (about 1
0.12 mi (about 1
4.18 mi (about 3
0.42 mi (about 1
0.47 mi (about 1
0 mi (about 0 min
 &n
915 S Sheridan St
Interior Features: Fireplace: N; Exterior Features: Garage: 1; Lot Features: Remarks: THIS PROPERTY IS BEING SOLD WHILE OCCUPIED WITH TENANTS. DO NOT DISTURB THE TENANTS AT ANY TIME. THE LISTING AGENT MAY OR MAY NOT HAVE INFORMATION CONCERNING THE TENANTS. PLEASE CONTACT THE LISTING AGENT WITH QUESTIONS OR ADDITIONIAL INFORMATION THAT MAY BE NEEDED.
13451 Babcock Dr
Interior Features: Fireplace: N; Exterior Features: Garage: 2; Lot Features: Remarks: SHORT SALE. GREAT HOUSE FOR THE MONEY! DRIVE BY ONLY. DO NOT DISTURB TENANTS. WRITE OFFERS SUBJECT TO VISUAL INSPECTION. LOTS OF UPGRADES!!!
Loan Analysis
Sample Monthly payment based on Principal, Interest, Taxes, and Insurance #
1
Address
Price
Loan 1
7.00%
Loan 2
7.00%
Loan 3
6.00%
915 S Sheridan St
Down Payment:
$110,000
$859
$11,000
$677
$22,000
$685
$11,000
$140,000
$1,094
$14,000
$862
$28,000
$872
$14,000
13451 Babcock Dr
Down Payment:
$145,000
$1,133
$14,500
$893
$29,000
$903
$14,500
Loan Scenarios
Loan 1: Loan 2: Loan 3: Term 20 Years 30 Years 30 Years Rate 7.00% 7.00% 6.00% Down 10.00% down 20.00% down 10.00% down Prepared by Michele Little Tax 1.00% tax 1.00% tax 1.00% tax Insurance Rate 0.00% 0.00% 0.00%
915 S Sheridan St
City/Area: List Price:
Beds: 2 Sq. Ft.: 864 Lot Size: 7405
Poor (1)
Average (2)
Comments:
Poor (1)
Average (2)
Comments:
13451 Babcock Dr
City/Area: List Price:
Beds: 3 Sq. Ft.: 982 Lot Size: 7840
Poor (1)
Average (2)
Comments:
Price
Down Payment Loan Fee Document Fee Appraisal Escrow Fee ALTA Title Recording Fees Misc. Charges
$169,900
$22,000 $880 $150 $350 $368 $100 $50 $250 $24,148
$247,000
$28,000 $1,120 $150 $350 $420 $100 $50 $250 $30,440
$247,000
$29,000 $1,160 $150 $350 $429 $100 $50 $250 $31,489
Total
Net1
Net2