Prepared By:: Michele Little

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Prepared By:

Michele Little

Little & Little Associates 5510 Morehouse Drive San Diego, CA 92121 Office: 8583626134 Fax: 8585359313 Email: [email protected]

Prepared by Michele Little

Homes Media Solutions

The accuracy of all information is deemed reliable, but is not guaranteed.

Michele Little
Affiliation
Little & Little Associates 5510 Morehouse Drive San Diego, CA 92121 Office 8583626134 Fax 8585359313

Experience Education Professional Associations Personal Information

Homes Media Solutions

The accuracy of all information is deemed reliable, but is not guaranteed.

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.

Prepared by Michele Little

Homes Media Solutions

The accuracy of all information is deemed reliable, but is not guaranteed.

Understanding the Buying Process


Do you really need to hire a real estate professional to help you buy a property? It depends if you have the time. A real estate professional brings the Experience, Contacts, and sources of information, to get the job done right. Without a real estate professional would it go as smooth as it could? Would it give you more time with your family? Would you be able to negotiate a better price? The buyers professional agent does a lot more than find a property to earn their commission: Pre-qualification You need to determine your buying power. Buyer power is defined by your financial reserves plus your borrowing capacity. This keeps your search goals realistic. Given information about your available savings, income and current debt, a real estate professional can refer you to the best-qualified lenders to help you. Selecting The Right Property Target your Searching. There are thousands of properties for sale. A real estate agent can help you focus on the ones that meet your budget and requirements. Knowing where to look. Sometimes the home you are seeking is available but not publicly advertised. Real estate professionals have many resources to assist you. Being objective. Only you can make the final decision of the right property. A real estate professional can provide objective information about each home (neighborhood data, utilities, schools, zoning, etc.) so your decision is well informed, considering today and a future resale.

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.

Prepared by Michele Little

Homes Media Solutions

The accuracy of all information is deemed reliable, but is not guaranteed.

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

Homes Media Solutions

The accuracy of all information is deemed reliable, but is not guaranteed.

Buyer Consultation

Item
Discuss the benefits of a Home Warranty Select a Home Insurance provider

Completed

Prepared by Michele Little

Homes Media Solutions

The accuracy of all information is deemed reliable, but is not guaranteed.

Prepared by Michele Little

Homes Media Solutions

The accuracy of all information is deemed reliable, but is not guaranteed.

Tour Analysis

Number of Listings Lowest List Price Average List Price Highest List Price Average Price/SqFt Average DOM

3 $110,000 $131,667 $145,000 $119 7

13451 Babcock Dr

314 S Belle Ave

915 S Sheridan St

$0

$50,000

$100,000

$150,000

Prepared by Michele Little

Homes Media Solutions

The accuracy of all information is deemed reliable, but is not guaranteed.

Map of Tour Properties

Prepared by Michele Little

Homes Media Solutions

The accuracy of all information is deemed reliable, but is not guaranteed.

Tour Properties Map Listing Index


Order #
1 2 3

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

Prepared by Michele Little

Homes Media Solutions

The accuracy of all information is deemed reliable, but is not guaranteed.

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)

915 S Sheridan St, Corona, CA 92882


Distance: 0.81 mi (about 3 min) 1. 2. 3. 4. Depart S Sheridan St toward W 9TH St Turn right onto W 6TH St Turn left onto S Belle Ave Arrive at 314 S Belle Ave, Corona, CA 92882-2238 0.42 mi (about 2 min) 0.12 mi (about 1 min) 0.28 mi (about 2 min) 0 mi (about 0 min)

314 S Belle Ave, Corona, CA 92882


Distance: 6.74 mi (about 8 min) 1. Depart S Belle Ave toward W 3RD St
Prepared by Michele Little

0.07 mi (about 1 min)

Homes Media Solutions

The accuracy of all information is deemed reliable, but is not guaranteed.

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

0.61 mi (about 1 0.35 mi (about 2 0.28 mi (about 1 0.01 mi (about 1

0 mi (about 0 min

 &n

13451 Babcock Dr, Corona, CA 92879

Prepared by Michele Little

Homes Media Solutions

The accuracy of all information is deemed reliable, but is not guaranteed.

Tour Property Currently for Sale


915 S Sheridan St City/Area: Corona, CA 92882 Beds: 2 Baths: 1 Sq. Ft.: 864 Year/Age: 1912 Lot Size: 7,405.00 Map Code: 743C6 MLS#: S667898 List Price: $110,000 Sold Price: N/A $/Sq. Ft.: $127 List Date: 07/26/2011 Sold Date: Expired Date: DOM/MT: 1 # 1

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.

Prepared by Michele Little

Homes Media Solutions

The accuracy of all information is deemed reliable, but is not guaranteed.

Tour Property Currently for Sale


314 S Belle Ave City/Area: Corona, CA 92882 Beds: 3 Baths: 2 Sq. Ft.: 1,466 Year/Age: 1941 Lot Size: 7,405.00 Map Code: 743D5 MLS#: P786028 List Price: $140,000 Sold Price: N/A $/Sq. Ft.: $95 List Date: 06/19/2011 Sold Date: Expired Date: DOM/MT: 11 # 2

314 S Belle Ave


Interior Features: Fireplace: N; Exterior Features: Garage: 2; Lot Features: Remarks: Three bedrooms two baths centrally located close to shopping, freeways. Lots of potential!!

Prepared by Michele Little

Homes Media Solutions

The accuracy of all information is deemed reliable, but is not guaranteed.

Tour Property Currently for Sale


13451 Babcock Dr City/Area: Corona, CA 92879 Beds: 3 Baths: 2 Sq. Ft.: 982 Year/Age: 1963 Lot Size: 7,840.00 Map Code: 744A5 MLS#: S657125 List Price: $145,000 Sold Price: N/A $/Sq. Ft.: $148 List Date: 04/26/2011 Sold Date: Expired Date: DOM/MT: 8 # 3

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!!!

Prepared by Michele Little

Homes Media Solutions

The accuracy of all information is deemed reliable, but is not guaranteed.

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

314 S Belle Ave


Down Payment:

$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%

Homes Media Solutions

The accuracy of all information is deemed reliable, but is not guaranteed.

Buyer Comment Sheet

915 S Sheridan St
City/Area: List Price:
Beds: 2 Sq. Ft.: 864 Lot Size: 7405

Corona, CA 92882 $110,000


Baths: 1 Showing Appeal: Overall Condition::

Poor (1)

Average (2)

Good (3) Excellent (4)

Comments:

Prepared by Michele Little

Homes Media Solutions

The accuracy of all information is deemed reliable, but is not guaranteed.

Buyer Comment Sheet

314 S Belle Ave


City/Area: List Price:
Beds: 3 Sq. Ft.: 1466 Lot Size: 7405

Corona, CA 92882 $140,000


Baths: 2 Showing Appeal: Overall Condition::

Poor (1)

Average (2)

Good (3) Excellent (4)

Comments:

Prepared by Michele Little

Homes Media Solutions

The accuracy of all information is deemed reliable, but is not guaranteed.

Buyer Comment Sheet

13451 Babcock Dr
City/Area: List Price:
Beds: 3 Sq. Ft.: 982 Lot Size: 7840

Corona, CA 92879 $145,000


Baths: 2 Showing Appeal: Overall Condition::

Poor (1)

Average (2)

Good (3) Excellent (4)

Comments:

Prepared by Michele Little

Homes Media Solutions

The accuracy of all information is deemed reliable, but is not guaranteed.

Estimate of Funds Required From Buyer


Low Middle High

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

Prepared by Michele Little

Homes Media Solutions

The accuracy of all information is deemed reliable, but is not guaranteed.

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