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Page 1 "The One You Can Count On"I am an experienced REO agent who has been listing and selling real estate in California since 1997. Prior to that, I was the office manager for Re/max Partners for three years. So not only do I have real estate experience but managment experience, and I can handle all your property assignment needs, from occupancy verification to closing.I ranked 77th in the United States Re/max International for 2008. I have completed eleven REO courses on default servicing. You will be in good hands when working with me. Years in real esate 13, Years in REO 3, Short Sale Certified, Preforeclosure Services/ Analysis, Property Preservation, Security, Stabilization, Valuation Services Accreditations CRS, CDPE, RDCPro, Equator certified, RES.NET certified Affiliations NAR Technology Used RES.NET, Equator, Multi Forms. Counties I service: San Bernardino, Riverside, Orange County. "I look forward to working with you, and helping you find your dream home. Whether listing or selling, I'm the one you can count on."
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Certifications And REO Education

HUD REO Sales Training Certified 1997

REO Default Certified Professional RDCPro.

PAS Policies and Procedure

PAS Learning the REO Ropes

REO Best Practices

Advanced Evaluations

Accredited REO Agent

A Broker's Guild to Accurate & Detailed BPO'S, REO 101, Marketing REO Properties to Sell, Building A Successful REO Business

CDPE Certified

Five Star REO/Short Sale Certified

Five Star Short Sale Certified

Equator Platform Platinum and Resnet/AMP

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"The One You Can Count On"

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Listings

Listing One

Listing Two

Listing Three

Listings

Listing One

Listing Two

Listing Three

Sellers

Page 1 Selling Your HomeHire a REALTOR®Studies show that homesellers who use a REALTOR® to represent them generally get a better price than those who sell the home themselves. REALTORS® are up-to-date on critical processes and can help keep you out of trouble. They can also help you get your home sold at the best price in the right timeframe.Equally as important, REALTORS® add objectivity to an inherently emotional transaction: the sale of your home.To locate a RE/MAX Sales Associate, visit the Find An Agent area of remax.com. Before Your Home Is ListedIt's important to have your home in good showing condition before buyers start going through it. Here are some steps to take:Touch up interior and exterior paint as needed. Install new carpeting and flooring if it appears worn or dated. Make sure the front is clean and spruced up – curb appeal will create a favorable first impression. Trim bushes and plants as needed, and make sure the lawn is kept mowed and trimmed. In autumn, rake the leaves; in winter, keep the snow shoveled. Keep the interior clean, decluttered and odor-free. Eliminate evidence of pets. Minimize personal items such as family photos. You want buyers to see themselves living in the home. Consider putting excess furniture and belongings in storage. Now's the time to clean out the garage and basement and sell, give away or throw away items you don't need anymore. Consider having a pre-listing inspection performed. Buyers will be hiring professional inspectors; here's your chance to address problems in advance. Consider engaging a professional stager to give your home the right emotional appeal. During the Listing PeriodWhen potential buyers visit your home, either be absent or make yourselves as inconspicuous as possible. Have fresh flowers in the entryway. It makes for a friendly introduction into your home. If offers are made that don't match your hoped-for price, don't reject them out of hand. Pay attention to your agent's advice. Consider dropping the price if several months go by with few or no offers. But if you and your agent have priced your home properly from the start, this shouldn't be necessary. Don't get discouraged. In buyer's markets, homes take longer to sell than during boom times. Your home will eventually sell; it's a matter of your RE/MAX agent finding the right buyer for you. Help Your AgentYou have the best chance of selling your home if you work closely with your RE/MAX agent. Make sure all showings are coordinated through him or her. If you have a brochure box, be sure to keep it filled.If prospective buyers want to discuss your property or negotiate price or other terms, defer to your RE/MAX agent. He or she is the expert and can best handle all these details without emotion.

Page 2 Avoiding ForeclosureAre you behind in your mortgage payments, or concerned that you soon might be?Have you received a preforeclosure letter from your lender?First of all, don't be ashamed. Millions of homeowners are in your situation – many times through no fault of their own. A job loss, a serious illness or other circumstances can put you in danger of foreclosure.The economic downturn has led to many homeowners being "under water" in their loans, meaning they owe more than their home is worth, making it impossible to refinance. If you've become one of those millions, don't panic. Foreclosure, and its accompanying effect on your credit, is not inevitable. There are many options out there, and your circumstances may make one of those options feasible and desirable for you.To keep your options alive, you need to communicate with your lender. Many homeowners have lost their homes to foreclosure without ever contacting their lender.This would also be a good time to consult with a tax advisor and a RE/MAX agent. Thousands of RE/MAX agents are specifically trained to work with distressed properties, and will be able to help you explore foreclosure options.Many lenders would rather not foreclose. They take a large financial hit on a foreclosure. So in many cases, they'll consider viable alternatives. Some of these alternatives may keep you in your home.Loan ModificationWhile only certain homeowners will be able to take advantage of this alternative, it may be your best option because it keeps you in your home and typically results in the least damage to your credit.Your lender may be willing to modify the terms of the loan, whether it's reducing the principal, lowering the interest rate or other creative strategies to make the loan affordable for you. As part of the stimulus package, the U.S. government has programs to provide incentives for banks that use this strategy as an alternative to foreclosure.Mortgage and foreclosure terms defined.Short SalesThis is the fastest-growing foreclosure alternative. Many lenders will allow a Short Sale, when the home sells for less than the amount of the loan. This is attractive for lenders because they lose less money than in a foreclosure. Also, Short Sales generally take less time than foreclosures, so the banks don't have to carry the properties on their books as liabilities.And it's attractive for homeowners because the impact on their credit is far less than in a foreclosure. You may be able to buy another home in as little as two to three years after a Short Sale, compared with a typical seven-year wait after a foreclosure.Short Sales are paperwork-intensive, and there are many, many details involved. If you're considering this option, it's critical to work with a trained real estate agent who knows all the steps required to successfully complete a Short Sale.RE/MAX leads the real estate industry in agents who've completed the Certified Distressed Property Expert (CDPE) course or other specialized training. They understand the intricacies of these transactions, and they'll be able to advise and counsel you every step of the way.Find a RE/MAX agent in your area. Search under the Designations field for Certified Distressed Property Expert, Short Sales & Foreclosure Resource or Five Star Professional. Or, under the Sub-specialty field, select "Short Sales" or "Foreclosure Property."The U.S. Treasury has announced guidelines for streamlining and simplyfing the Short Sale Process. Read more about the plan.Keep in mind that no matter which option you choose, there may be tax and other financial consequences. You should consult with a tax advisor or legal expert.Foreclosure (Cash for Keys)One of the biggest problems in foreclosures is that homeowners sometimes physically damage the property, or even sell some of the fixtures, before leaving. Needless to say, this is not a good idea. It may expose the homeowners to financial and legal liability. It also makes the properties much more difficult to sell.To prevent this, some lenders offer a program called "Cash for Keys." The homeowners receive a check for vacating the property within a certain time period and leaving it in good condition. If you have no alternative other than foreclosure, you should ask the bank about this option.Tips From HUDThe U.S. Department of Housing and Urban Development has 10 tips for avoiding foreclosure: Don't ignore the problem. Contact your lender as soon as you realize you have a problem. Open and respond to all mail from your lender. Know your mortgage rights. Understand foreclosure prevention options. Contact a HUD-approved housing counselor. Prioritize your spending. Use your assets. Avoid foreclosure prevention companies. Don't lose your house to foreclosure recovery scams.

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Sellers

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Buyers

Page 1 Buying A HomeContact a REALTOR®A RE/MAX Sales Associate can help you through the entire process of buying a home, starting with the mortgage and continuing right through closing – and beyond. He or she can help you shop for the best interest rate and terms and, if you wish, suggest mortgage lenders.Get Preapproved for a LoanObtain a copy of your credit report and your FICO score and, if necessary, do what you need to do to improve it. The higher your FICO score, the better interest rate you can command. You can get this information online; your RE/MAX agent can also help you. Contact several lenders and determine which one will give you the best deal.Determine Your Price Range and Area(s) in Which You're InterestedBy now you should have a good idea of how much home you can afford. This helps you narrow down your home search. You should also begin researching the neighborhoods in which you might want to live. Your RE/MAX agent can help.Decide Which Amenities and Features You Must Have – and Which Ones Would Be Nice but not NecessaryHow many bedrooms and bathrooms do you want? Would you prefer a newer home or an older one with established landscaping? Are hardwood floors a must? Is an updated kitchen important to you? Walk-in closets? Which features would you be willing to give up if you find the otherwise-perfect home? Begin Testing the Market Right here on remax.com, you can find listings that meet your criteria as well as neighborhood data. Identify properties that seem to be fits for you, take an afternoon and go on a driving tour. See what's available in your price range and explore neighborhoods.With Your Agent, Begin Seriously Looking at HomesYour agent can add to the list of homes you've already identified – including ones that have just come on the market. Look at homes with a critical eye – does the floor plan work for you, is the property in good condition, would it be right for your lifestyle? In short, can you imagine yourself and your family living there? Take notes at each home you visit. What do you like and not like? Narrow down your choices; re-visit homes in which you're interested. See them at different times of the day.Make an OfferWhen you've identified the home you want to buy, be prepared to help your agent prepare a written offer quickly. Your agent will be familiar with market values and will help you arrive at a price that gives your offer the best chance of being accepted.At this stage, try not to become emotionally attached to a home. Your offer may not be accepted for any number of reasons. Have backup homes in mind. Be prepared to negotiate through your agent with the sellers.Once Your Offer Is Accepted:You'll be asked to submit an earnest money deposit that usually isn't refundable. Begin making moving arrangements (select a mover, obtain change-of-address cards, inform friends and relatives). Have the property professionally inspected. If necessary, request repairs. Obtain homeowner's insurance. Contact utilities (phone, water, power, etc.). A few days before closing, stage a walk-through. Obtain a cashier's check for the down payment and closing costs. At Closing:Make sure the terms and conditions of the loan statement are correct. Carefully read everything before you sign. ENJOY YOUR NEW HOME!Why You Should Use a REALTOR® in Your Home SearchBuying a home is probably the largest investment you'll make in your lifetime. Having an experienced, knowledgeable RE/MAX professional representing you in this transaction just makes good sense.Buying a home is not like buying a car, a mutual fund or other commodity. It can be a life-changing event. RE/MAX agents fully understand the real estate process – and just as important, they understand your local market. Of course they know the right steps to take, but they can also help you avoid a misstep in your home purchase. If a new freeway is going to be built a few blocks away, they'll probably know it. If you're unsure about school districts, they'll be able to direct you to answers. If you're unsure of a builder's reputation, they'll know how you can confirm it.Your RE/MAX Sales Associate also performs another important function: minimizing the emotion involved in a home transaction. You may be in love with a home, but your agent can point out factors that might not make it right for you.

Page 2 Buying Distressed PropertyMany of the homes for sale today - as many as half in some markets - fall under the category of "distressed properties."These are homes that have either gone through foreclosure or are being marketed as "short sales." In a short sale, the homeowner can't afford to maintain the mortgage, but the lender - rather than foreclosing - agrees to the sale of the property for less than the balance of the loan.These types of sales have different dynamics than traditional sales - with more paperwork, often a longer transaction process and, in some cases, more frustration. For these reasons, many buyers shy away from foreclosures or short sales.However, if you understand the potential pitfalls of purchasing a distressed property - and work with an agent who has a thorough knowledge of this market - you can get a great home at a great price.Thousands of RE/MAX agents have been specially trained in working with foreclosures or short sales through the Certified Distressed Property Expert class or a similar course. They can guide you through the process and help you locate and purchase just the right home for you. Find a RE/MAX agent in your area.This is an outstanding time to buy a home - distressed property or not. With historically low interest rates, and a glut of homes on the market in many areas, there are bargains to be found. And the U.S. Homebuyer Tax Credit of up to $8,000 for first-time buyers and $6,5000 for some repeat buyers makes purchasing a home even more attractive. To claim the credit, you must have a signed contract by April 30 and complete the purchase before July 1.Is a distressed property for you? Here are pros and cons of buying one.Advantages of Buying a Distressed PropertyFirst, you'll be dealing with a highly motivated seller – either a bank in the case of a foreclosure, or in a short sale, sellers who are in financial trouble and very interested in getting out of a mortgage they can no longer afford. These types of sales take much of the emotion out of the process. You won't be insulting anybody, for instance, if you make an offer that's lower than the asking price. (That's not to say that the low offer will necessarily be accepted, of course.)Lenders are extremely interested in getting these homes sold and off the liability side of their balance sheets. Many foreclosed properties can be purchased for only a percentage of what they would have commanded five years ago. (This situation is beginning to change, though; bidding wars are breaking out on some foreclosed properties these days, especially those that are moderately priced. Your RE/MAX agent will know what's going on in this area and will be able to help you arrive at a reasonable strategy for making an offer.)If you're looking at a short sale, you're not likely to get quite as good a deal as on a foreclosure. But there are definite advantages to purchasing one of these homes. For one thing, since the homeowners want to get the home sold quickly, they are likely to keep it well-maintained and in good move-in condition.Disadvantages of Purchasing a Distressed PropertyIf you're looking for a "steal," you're probably not going to find it. The market is heating up, with more and more buyers jumping into the market. If you're purchasing a home to live in, you'll often be competing not only against buyers similar to yourself, but against investors. More competition inevitably leads to higher prices.The transaction process for short sales or foreclosures often takes longer than for traditional transactions. It's sometimes not clear which lending institution actually owns a mortgage loan, and it can take time to get it all sorted out – especially if there's a second mortgage involved, which is often the case.Some foreclosed properties are also in rough condition. Many have sat idle for a long time with minimal or no maintenance. The departing owners may have sold off fixtures, or damaged the property.Interested in searching for foreclosures in your area? Access the Foreclosed Properties database here on remax.com.Purchasing TipsIt's critical to have the home professionally inspected before you make an offer or put down earnest money. The inspector will assess the structure's soundness and may uncover problems that would be very costly to repair. Banks usually sell foreclosed homes as-is, meaning they won't make any allowances for repair. And even in a short sale, they likely won't make any such allowances, because they're already losing money on the transaction.You should have your financing in order before pursuing a foreclosure purchase. Pre-approved buyers have the best chance of getting the property in case of multiple offers. Also, banks generally aren't interested in contingencies (for instance, needing to sell your current home before purchasing another).You might also consider hiring an appraiser who'll tell you what the house is worth. A RE/MAX agent can also perform a Comparative Market Analysis.To guide you through the process - from obtaining a loan to identifying a home, to negotiating with the sellers (whether homeowners or banks), to closing - contact a RE/MAX agent.Mortgage and foreclosure terms defined.Distressed Properties and FHA LoansIf you're a first-time homebuyer, a federally insured FHA (Federal Housing Administration) loan might be a good option. The FHA has a program to help you repair a fixer-upper. You can get one loan that combines the mortgage with the repair costs. The amount of the loan is based on the projected value of the property once repairs are made. FHA loans only require a 3.5 percent down payment – compared to 20 percent with conventional loans – and the down payment can come from an employer, family member or charitable organization. FHA loans also have lower closing costs than conventional mortgages.Since the federal government insures these loans, you'll get a competitive interest rate and lenders may be willing to give you terms that make it easier to qualify for a loan. If you have less-than-perfect credit, it's easier to obtain an FHA loan than a conventional mortgage. Find out more about FHA loans.About HUD HomesFHA-insured homes that go into foreclosure are acquired by the U.S. Department of Housing and Urban Development (HUD). HUD homes are offered for sale through Internet sites managed by management companies under contract to HUD.Real estate agents who register with HUD can submit offers on behalf of their clients. HUD pays the agent's commission.HUD homes are sold as-is, without any warranty. HUD doesn't make repairs nor pay to correct any problems. Again, that makes it critical to have homes inspected before making an offer.

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Buyers

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Contact Me

Angela Rizzo

Assistant

AngelaRoseRizzo_yahoo.com

(951) 440-4533

License #: 01392911

Fax: (951) 278-4439

Jackie Pederson

Realtor

Homes_JackiePederson.com

(951) 415-9734

License #: 01227838

Office: (951) 278-8755 Ext.104

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