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Sunday, December 19, 2010
Sunday, November 28, 2010
1111 Melia Place Video / Virtual Tour
CLICK THE PHOTO BELOW TO VISIT VIRTUAL TOUR
1111 Melia Place in Alta Vista Golf Course Community, Placentia CA
4 Bed / 3 Bath / 3200 SF / Salt Water Pool & Spa / Over $550K in Upgrades
$878,000 Asking Price
Read more...
Sunday, October 3, 2010
Nic Petrossi and Prudential Fine Homes International proudly present 1111 Melia Place, a Placentia HQT Luxury Home
Placentia Homes and Real Estate for Sale with Placentia Realtor Nic Petrossi, Nic also sells Yorba Linda Homes, Brea Homes, Fullerton Homes, Anaheim Hills Homes and all of Orange County Homes!
Placentia Homes
1111 Melia
I am extremely excited to showcase my newest listing - 1111 Melia Place, a Unique and Extremely Upgraded Estate in the distinguished Alta Vista golf course community. Over $550,000 worth of carefully planned upgrades. One of very few HQT Placentia homes in tract that has private pool & spa. Pie-shaped lot on end of cul-de-sac is one of 3 largest in tract, with over $200,000 worth of upgrades in tropical entertainer's delight backyard alone w/ massive s.y. Expansive backyard w/ colored stamped hardscape, salt water stack stone pool, tiered double level spa, water features, 30+ lights and sconces for night-time entertaining, mature queen palms, and a Jandy Aqualink system to control it all from inside! Crown moulding in every room, wrought iron and granite seemingly everywhere. Elegant formal dining with wrought iron chandalier and granite-accented butler's pantry. High-End Moen fixtures, Surround Sound, 18' Porcelain Tile, soaring vaulted ceiling, wrought iron bannister & travertine stairs. Owners have had over 100 guests comfortably, absolute entertainer's dream. Incredible property - too many upgrades to mention!!!1111 MeliaVisit my Facebook page to communicate with me and find my latest listings! ----> Nic's Facebook
FOR MORE PHOTOS....VISIT http://www.nicsellmyhome.com/ AND CLICK ON NIC'S LISTINGS TO FIND MELIA.
Read more...
Monday, August 23, 2010
5 Tips for Buying a Home
The following 5 tips are based on years of looking with buyers for homes:
#1 WRITE DOWN 5 THINGS YOUR HOME MUST HAVE. There is no perfect home out there (unless you have $1.5 Million to build your custom dream home), so get over the dream world scenario of the perfect home. Every home will have some things you DON'T like about it, so focus in on the 5 things that it HAS to have...below is an example of someone's "must have" list:
1. Single Story
2. Large Backyard, Room for Kids to Play
3. Downstairs Bedroom and Bath
4. Cul-De-Sac Location
5. 3 Car Garage
If you feel you need to add a couple items and make it 7 things your next home must have, then that's ok, but don't go crazy with the list because the reality is - it's highly unlikely your next home will have everything you want. In fact, you'll probably have to compromise a few things that seemed like non-negotiables at the start of your search.
#2 GET PRE-QUALIFIED TO FIND OUT (REALLY) HOW MUCH YOU CAN AFFORD. This should actually be Step 1 on the list because it is a waste of time looking at homes on the Internet and teasing yourself at Open Houses if you simply cannot afford those homes. It's ok to dream, but then move on and deal with reality. Find a good lender (I have a few I would recommend) and tell them your whole life story so they can run your credit, assess your income and debt ratio, and give you a ballpark of what price range you should be looking in.
#3 YOU DON'T HAVE TO BUY A HOME AT THE TOP OF YOUR AFFORDABILITY RANGE. It's ok to be Pre-Qualified for a $700,000 purchase price and to look at homes that are $600,000. It's actually wise to buy a place that is under your max purchasing power because then you aren't over-extending yourself and eating beans and rice and McDonald's as a treat. If the economic woes of the U.S. has taught us anything, it's to be cautious with our spending and to have reserves and savings to fall back on when the money gets tight.
#4 LET YOUR REALTOR FIND THE HOME. I know you love looking online at homes, but the problem is, when you send homes to your Realtor that you found on Zillow.com, ZipRealty or some other website, the homes are often off the market or short sales with offers on them and so your Realtor can screen the homes and send you homes that are actually on the market and are available. This will save you (and him or her) a lot of headaches and wasted time. If your Realtor isn't sending you homes or hasn't been aggressively looking for you, it's time to find another Realtor.
#5 GET A REALLY GOOD IDEA OF WHAT THE HOME IS WORTH BEFORE MAKING AN OFFER. I've learned that most of my buyers want to place low-ball bids on properties regardless of what the property is worth. A good Realtor can research the homes in the area and find out whether it makes sense to go really low, a little low, at asking price, or even HIGHER than asking price depending on the situation. There are times when I've advised my clients to offer much lower than the asking price since the home seemed to be priced way too high for the current market. There are times when I've advised them to offer ABOVE asking price because an agent priced the home so low that it was obvious it would go for $30,000 to $50,000 above asking price. This comes down to trust in your Realtor. Many times I've advised my clients and they did not follow my advice and end up losing out on the property. I say this with all humility, but I'm more often right than wrong with pricing because that's what I do for a living - I'm skilled at knowing the market and what makes sense as an offer. However, I cannot force someone to follow my advice. If you trust your Realtor, please do me a favor and listen to their advice. I've seen people lose out on properties and then say that it wasn't meant to be....maybe it would have been had they listened to their Realtor!
Comments are welcome.
Monday, July 12, 2010
ALTA VISTA GOLF COURSE HOME IN PLACENTIA
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Nic's newest listing - 974 Pebble Beach on the private Alta Vista Golf Course in Placentia.
One of only three model homes, this 2700 square foot residence boasts 4 Bedrooms (with a 5th bonus/office as possible bedroom), 3 Bathrooms, with upgrades throughout. Granite and Kitchen Aid appliances in Gourmet Kitchen, "Whole House" Surround Sound Speaker System, Gorgeous Paint Tones throughout, Italian Stone Shower and Jacuzzi Jet Tub in Master, Custom Window Treatments, Decorative Accents, Custom Stone flooring, Extremely Clean, Master with huge retreat area and large walk-in closet, Formal Dining with Vaulted Ceiling... Virtual Tour:
Tuesday, June 29, 2010
Nic's Newest Listing in Placentia
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530 Massachusetts Lane, PlacentiaThis 3 Bed, 2.5 Bath single family detached home is situated in the coveted gated community of Granada Park at the corner of Alta Vista and Kraemer. Upgraded beveled glass double doors welcome you to one of S&S Construction's finest designs - the Plan C "Seville" Model.
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- This fantastic home features:
Genuine Hardwood flooring, upgraded recessed lighting and ceiling fans, new dual pane vinyl windows upstairs, remodeled master bath with travertine and over-sized shower. Remodeled kitchen includes: granite countertops, recessed lighting, GE Profile, Kenmore Elite and Dacor stainless steel appliances, plenty of cabinet space. The side courtyard and grassy area affords plenty of space for summertime BBQ'ing and relaxation. 4" Baseboards throughout, scraped and textured ceilings and textured interior walls. Tasteful interior paint scheme and direct access to home from two car attached garage. HOA includes pool, spa (walking distance) two tennis courts, exterior dwelling insurance coverage and Cable TV. Call Nic to schedule an appointment or to put YOUR home on the market. Tis the summertime season to list with Nic! 714 272 3646
Monday, June 28, 2010
Interest Rates Update 6/28/2010
Conventional Rates:
Loan Amounts from $100,000 to $625,500 depending on County Loan Limits
30 Year FIXED @ 4.500%
30 Year FIXED @ 4.750% "Stimulus Pricing for Loan Amounts from $417,001 to $625,500"
20 Year FIXED @ 4.500%
15 Year FIXED @ 4.000%
10 Year FIXED @ 4.000%
5 Year ARM @ 3.750%
JUMBO Rates:
Loan Amounts from $417,001 to $2,000,000
30 Year FIXED @ 6.000%
5 Year ARM @ 5.000%
FHA & VA Rates:
Loan Amounts from $100,000 to $625,500 depending on County Loan Limits
30 Year FIXED @ 4.500%
30 Year FIXED @ 4.750% "Stimulus Pricing for Loan Amounts from $417,001 to $625,500"
30 Year FIXED @ 5.000% "Streamline Refinance"
5 Year ARM @ 3.750%
KEEP IN MIND....THESE RATES ARE FOR "A" PAPER CREDIT...WHICH SOME LENDERS SAY IS 720 AND ABOVE, FOR LOWER CREDIT, RATES MAY BE HIGHER.
Monday, May 10, 2010
BREA, PLACENTIA, YORBA LINDA and ANAHEIM HILLS...Which city wins the "Best Ratio for Homes in Escrow" Contest?
As of May 10th, 2010... How many homes are actually on the market in Placentia, Yorba Linda, Anaheim Hills and Brea? (When I say homes, I'm referring to detached single family residences, or SFR's).
Here's the breakdown...you may be a little surprised at the ratios:
PLACENTIA (A Pleasant Place to Live)
125 TOTAL homes on the market
75 of these are ACTIVE and
50 are IN ESCROW
For you statisticians out there, that's 40% of all single family homes on the market in Placentia are currently IN ESCROW. That's really a very high percentage.
YORBA LINDA (The Land of Gracious Living)
372 TOTAL homes on the market
234 of these are ACTIVE and
138 are IN ESCROW
The ratio? That's 37% of all the homes on the market are in escrow. Again, not bad, considering it was 12% back in 2007.
BREA
110 TOTAL homes on the market
63 of these are ACTIVE and
47 are IN ESCROW
The ratio for Brea? 43% of the homes on the market are in escrow. The highest percentage out of Placentia, Yorba Linda and Brea, but not by much.
ANAHEIM HILLS
189 TOTAL homes on the market
118 of these are ACTIVE and
71 are IN ESCROW
Drum roll please.....38% of all Anaheim Hills detached SFR's are in escrow as of today. So, the city rankings: #1 Brea, #2 Placentia, #3 Anaheim Hills and #4 Yorba Linda.
Friday, March 26, 2010
Saturday, March 6, 2010
Wednesday, January 6, 2010
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