Sterling april

R E A L E S T A T E S E R V I C E S

M O R T G A G E S E R V I C E S

REAL ESTATE & MORTGAGE SERVICES

Talega’s most comprehensive Real Estate guide for leasing, purchasing, selling, and financing

• Mortgage Rate Info • $500 Donation Pledge • Short Sale Info • $75 Monthly Drawing

• Broker Incentive Offers inside

TalegaJust

April 2011

FREE

Dear Neighbors...

There is no way to predict the future. But looking at history can give us insight into what may be coming our way. The chart below compares the January 1-March 31 period of 2010 to 2011 (first quarter of each year).*

2010 2011 ChangeClosed Sales 30 30 (=)

Average Sales Price $813,000 $818,000 (+)

Average Square Feet 3,209 3,261 (+)

Avgerage $/SF $254 $248 (-)

Days on Market 149 141 (-)

So where are we now? This depends on the way you look at things. The good news is that we aren’t seeing any drastic downward activity for Talega. Again I don’t have the ‘crystal ball’ we all wish we could look to, for answers. If you need to figure out which way to go with decisions on your home, if you are upside down, breaking even or still have equity that may be less than it was 4 years ago, please call me to discuss your scenario. What I do have is experience with the simple to the most challenging situations that homeowners can face. Many of us our facing uncertain times, but having the information and direction that can answer your uncertainty, can make all the difference. Come in to my office or call me to make an appointment. We will give you a comparative market analysis on your property and prepare you for your options.

Sterling Coast to Coast, Inc. offers $500 Donation Pledge, in which I will donate to either Vista Del Mar Elementary/Middle School or SCHS, when I close an escrow that has come to me and the buyer or seller mentions this offer.

Please go to www.sterlingctc.com to enter the Just Talega Monthly $75 Drawing, there is still time to enter for this months drawing!

If you or anyone you know is thinking of moving in or out of Talega in the future please remember the 1% listing fee and 25% buyers’ credit I offer. These offers are uncommon coming from a broker with as much experience and knowledge. This cutting edge concept results in more money in my clients’ pockets. I work with renters, landlords, buyers, sellers, investors, and those who might just need a little information to make a decision, whether they decide to work with me or not. Call me for a personal and confidential meeting at 949-285-6885 and we can discuss your options.

Sincerely,

Gary J. Sroka

Gary J. Sroka

*(Statistical outliers have been removed from the aggregate, where as the realtor did not enter a value for a particular value, so if you are going to argue value semantics, this is for informational/entertainment purpose and no warranty or guarantee is implied. The 2010 statistics have 2 of the 30 properties removed due to no value for either square footage or days on market. Dollar values have been rounded.)

Gary J. [email protected]

949–285–6885visit us at www.sterlingctc.com




“A Sign of Experience”















$500 Vista Del Mar/SCHS Donation Pledge

For every closed transaction referred to Gary J. Sroka/Sterling Coast to Coast, Inc., from this Just Talega publication a $500 donation will be

made, in your name, to the school support foundation of your choice.

Sales Data




“A Sign of Experience”REAL ESTATE & MORTGAGE SERVICES


Address Model Beds Baths Gar Sq Ft List Price Sq Ft Price Conditions DOM COE Sales Price

Alassio Active

www.sterlingctc.com x 3 2 2 NA $347,000 NA Short Sale 212

www.sterlingctc.com x 2 2 2 1,356 $325,000 $240 REO 107

www.sterlingctc.com 3 3 3 2 1,395 $365,000 $262 Standard Sale 272


www.sterlingctc.com 4 3 4 2 1,500 $330,000 $220 Short Sale 135




Backup Offerswww.sterlingctc.com 3 2 3 2 1,395 $390,000 $280 Short Sale 188


Pending Salewww.sterlingctc.com 2 2 2 2 1,356 $335,000 $247 Standard Sale 39

Closed Sale

2 Paseo Luna 0 3 3 2 1,578 $324,900 $206 REO 81 3/11/2011 $325,000

48 Paseo Luna 5 3 3 2 1,650 $349,900 $212 REO 28 3/17/2011 $335,000

AloraActive


March 2011Based on information from the Association of REALTORS/Multiple Listing as of March 1-31, 2011 and/or other sources. Display of MLS

data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and or Selling Agent. If you have any questions or concerns please contact Gary J. Sroka at 949–285–6885.

Buyers-Be prepared, get prequalified for a loan and know realistically how much house you can afford. Have your loan broker figure in taxes, hoa and insurance costs too.






AltaActive

www.sterlingctc.com C 5 6 3 5,068 $1,588,000 $313 Standard Sale 207

www.sterlingctc.com H 5 6 2 4,719 $1,362,000 $289 Standard Sale 203

www.sterlingctc.com T 5 6 3 5,068 $1,558,500 $308 Standard Sale 94

www.sterlingctc.com 2 4 6 3 5,068 $1,595,000 $315 Standard Sale 87


42 Via Alcamo 3 6 6 3 5,300 $1,799,000 $339 Standard Sale 43

www.sterlingctc.com S 5 6 3 5,068 $1,428,000 $282 Standard Sale 42




Backup Offerswww.sterlingctc.com 0 6 7 3 5,068 $1,199,000 $237 Standard Sale 532

www.sterlingctc.com 1 5 7 2 5,300 $1,099,999 $208 Short Sale 57

Pending Salewww.sterlingctc.com T 5 6 2 5,262 $1,506,500 $286 Standard Sale 27

AlturaActive




AmalfiActive





Pending Salewww.sterlingctc.com 3 4 3 2 2,300 $499,000 $217 Short Sale 0

Closed1 Via Zamora 3 3 3 2 2,291 $650,000 $284 Standard Sale 62 3/24/2011 $620,000

3 Via Jarabe 1 3 3 2 2,143 $549,000 $256 Standard Sale 42 3/23/2011 $525,000

Bella VistaClosed

19 Calle Altea 2 4 3 3 3,592 $985,000 $274 Standard Sale 469 3/28/2011 $975,000







CantabriaBackup Offers



Closed21 Calle De La Luna 1 3 3 3 2,842 $689,000 $242 Short Sale 86 3/10/2011 $660,000

CapriziActive

www.sterlingctc.com 3 4 3 2 2,450 $599,900 $245 REO 3


www.sterlingctc.com D 4 3 2 2,471 $699,000 $283 Short Sale 76

Closed15 Via Alonso 2 4 3 2 2,323 $599,900 $258 Standard Sale 162 3/31/2011 $598,000

CareyesBackup Offers


CarillonActive

www.sterlingctc.com M 4 5 2 4,040 $1,197,900 $297 Standard Sale 149

www.sterlingctc.com M 4 6 2 3,755 $1,131,500 $301 Standard Sale 149

www.sterlingctc.com S 4 5 2 3,683 $997,900 $271 Standard Sale 95







Carmel Active


Closed8 Camino Sendero B 3 2 2 2,050 $499,000 $243 Short Sale 106 3/18/2011 $499,000


Buyers-Make fair and realistic offers. If you want the property know what it is worth to you. Have your agent give you area comparables.






Catania Active

24 Via Fontibre 1 4 4 3 2,950 $689,000 $234 Short Sale 294






Pendingwww.sterlingctc.com 4 4 5 3 3,501 $849,900 $243 Standard Sale 0

Closed23 Via Soria 3 5 6 3 3,500 $850,000 $243 Short Sale 341 3/31/2011 $850,000

28 Via Fontibre 3 4 4 3 3,507 $985,000 $281 Standard Sale 126 3/4/2011 $970,000

56 Via Cartama F 5 5 3 3,501 $879,000 $251 Standard Sale 53 3/9/2011 $850,000

Cazadero Active


Backup Offerswww.sterlingctc.com 3 5 5 3 3990 $769,900 $192.96 REO 8

Pending Salewww.sterlingctc.com 3 5 5 3 3,990 $769,900 $193 REO 31

EscalaBackup Offers



Farralon RidgeActive


www.sterlingctc.com A 4 3 2 1,871 $599,000 $320 Short Sale 73


Buyers-Don’t make a high offer on a property and then, make unreasonable requests to the sellers for repairs and allowances.






LuciaActive


Backup Offerswww.sterlingctc.com 3 5 6 4 6,055 $1,435,000 $237 Short Sale 553

Pending Salewww.sterlingctc.com 3 5 6 4 6,000 $1,800,000 $300 Short Sale 110

Closed27 Via Conocido 2 5 7 4 5,700 $1,400,000 $246 Short Sale 157 3/5/2011 $1,400,000

18 Via Conocido 1 5 6 4 6,050 $1,399,000 $231 Short Sale 87 3/31/2011 $1,400,000

Mirador Backup Offers


www.sterlingctc.com x 5 6 3 4,600 $868,000 $189 Short Sale 237

MiralesteActive

www.sterlingctc.com x 5 3 3 3,100 $799,000 $258 Standard Sale 20

Backup Offers www.sterlingctc.com 2 5 3 3 2,969 $625,000 $211 Short Sale 358


32 Via Cancion 3 4 3 3 3,013 $749,900 $249 Short Sale 55

MontellanoActive


Monterey Active

www.sterlingctc.com G 5 4 3 3,251 $649,900 $200 REO 167

Pacifica SummitActive












Pacifica-TalegaActive

424 Camino Vista Verde x 5 4 3 4,066 $1,295,000 $318 Standard Sale 55

Backup Offerswww.sterlingctc.com x 4 3 2 3,000 $749,000 $250 Short Sale 56

Portofino Active



Portomarin Active


Backup Offers www.sterlingctc.com 2 4 3 2 2,850 $699,000 $245 Short Sale 251



Ravenna Active



Sabella Backup Offers


San LucarActive

www.sterlingctc.com A 4 3 2 2,356 $564,900 $240 REO 29


21 Calle Verdadero 3 4 4 3 3,071 $775,000 $252 Standard Sale 33




Closedwww.sterlingctc.com 2 4 3 2 2,513 $560,000 $223 Short Sale 150 3/16/2011 $565,000







San RafaelActive


504 Via El Risco Vw 2 4 4 3 3,559 $859,900 $242 Standard Sale 100



Sandbridge Active



56 Camino Lienzo 1 3 2 2 2,410 $749,900 $311 Standard Sale 62

Sansol Active


16 Corte Vidriosa 3 5 4 3 3,600 $964,000 $268 Standard Sale 175



38 Corte Vidriosa 3 4 3 2 3,477 $685,000 $197 Short Sale 101

6 Calle Saltamontes 1 4 4 2 3,200 $769,000 $240 Standard Sale 15

Santalana Active








Backup Offerswww.sterlingctc.com 4 3 3 2 1,881 $459,000 $244 REO 70


Closed3 Paseo Vis x 3 3 2 1,881 $415,900 $221 REO 29 3/31/2011 $407,000

Seagarden Pending Sale








SeasideActive



SolanaActive



26 Corte Pasillo 1 3 3 2 1,700 $539,000 $317 Standard Sale 55


www.sterlingctc.com C 3 3 2 1,934 $529,000 $274 Standard Sale 45


www.sterlingctc.com * 5 3 2 2,550 $525,000 $206 Short Sale 96


Closed9 Calle Boveda B 3 3 2 2,000 $575,000 $288 Standard Sale 54 3/14/2011 $540,000

Stella MareActive




Closed46 Via Timon 3 4 4 3 3,740 $899,000 $240 Standard Sale 169 3/2/2011 $895,000

68 Via Regalo 4 5 5 3 3,787 $954,900 $252 Standard Sale 133 3/10/2011 $911,000

11 Via Andaremos 0 4 4 2 3,375 $777,852 $230 REO 27 3/8/2011 $770,000

Terra LindaActive



Trinadad Backup Offers


www.sterlingctc.com B 3 3 2 1,625 $370,000 $228 Short Sale 82








Verano Active


54 Via Almeria 1 2 2 2 1,250 $317,000 $254 Standard Sale 85





Backup Offerswww.sterlingctc.com c 3 3 2 1,762 $435,000 $247 Short Sale 233


www.sterlingctc.com C 3 3 2 1,762 $375,000 $213 Short Sale 64


Vittoria Active

54 Via Armilla C 4 4 3 3,176 $727,500 $229 Short Sale 64





VizcayaActive


23 Corte Vizcaya 3 5 6 3 5,484 $1,975,000 $360 Standard Sale 78

Waterleaf Active


24 Camino Del Prado 3 3 2 2 2,503 $724,900 $290 Standard Sale 79


WavecrestActive









Be visible!This monthly publication will be distributed to approximately 3000

residences in Talega and be placed at local Talega businesses. Please contact Courtney Batterton at Sterling Coast to Coast, Inc. for more information.

949-325-0538 or [email protected]

$500 Vista Del Mar/SCHS Donation Pledge

For every closed transaction referred to Gary J. Sroka/Sterling Coast to Coast, Inc , from this Just Talega publication a $500 donation will be

made, in your name, to the school support foundation of your choice.






Place your company advertisement on this page in Just Talega.

This monthly publication will be distributed to approximately 3000 residences in Talega and be placed at local Talega businesses.

Please contact Courtney Batterton at Sterling Coast to Coast, Inc. for more information.949-325-0538 or [email protected]

Allergic to DesignLayout • Design • Visual Assets

[email protected] 714.454.7042

Leasing






Tract list Status address Beds Baths Sq Ft gar Model DOMlist Price

Origleased Price

Alassio Active www.sterlingctc.com 3 3 1650 2 X 17 $2,690

Alassio Leased 31 Paseo Verde 2 3 1211 2 1 33 $2,100 $2,100

Amalfi Active 16 Via Oviendo 3 3 2463 2 4 34 $4,000

Careyes Active www.sterlingctc.com 5 6 4708 4 2 30 $5,900

Careyes Active www.sterlingctc.com 5 6 4855 3 3 24 $6,100

Catania Active www.sterlingctc.com 4 5 3571 3 F 22 $4,800

Catania Active www.sterlingctc.com 5 5 3501 3 4 22 $4,995

Escala Active www.sterlingctc.com 3 3 2263 2 1 20 $3,800

Mirador Active www.sterlingctc.com 5 6 4700 3 3 24 $6,000

Miraleste Active www.sterlingctc.com 5 3 3100 3 A 6 $5,000

Portomarin Active www.sterlingctc.com 4 3 2882 3 3 43 $4,200

San Lucar Leased 2 Via Destino 4 3 2513 2 2 1 $3,500 $3,500

Santalana Active www.sterlingctc.com 3 3 1881 2 4 14 $2,995

Seaside Active www.sterlingctc.com 4 3 2600 2 3 24 $3,495

Solana Leased 9 Calle Boveda 3 3 2000 2 C 30 $3,100 $2,950

Stella Mare Leased 72 Via Regalo 4 4 3740 3 3 71 $4,450 $4,200

Stella Mare Leased 26 Via Timon 4 4 3740 3 3 56 $4,500 $4,000

Trinadad Active www.sterlingctc.com 3 3 1625 2 2 21 $2,700

Trinadad Leased 33 Avenida Brio 2 2 1367 2 1 21 $2,100 $1,950

Verano Leased 23 Corte Loarre 2 2 1251 2 1 54 $2,100 $2,100

Waterleaf Leased 8 Camino Botero 3 2 2032 2 A 22 $3,000 $3,000

Waterleaf Leased 10 Calle Galeria 2 2 2179 2 2 1 $2,400 $2,400

Congratulations to our Just Talega Gift Card Winner-

Mike Ortiz!

Short SalesA short sAle is an arrangement with your lender whereby they allow you to sell the property for less than the amount of the current mortgages. Short sales are a way for homeowners to avoid foreclosure and minimize the damaging effects of a foreclosure.

Why do lenders allow short sales? • Short sales save the lender the expense of foreclosure • Lenders are not in the business of owning real estate. • Lenders do not want to acquire properties for resale because it’s costly.

How long does a short sale take? • It’s a complicated process and could take from 3 to 9 months. • During this period sellers typically do not make any mortgage payments.

Can you complete a sale if a notice of default (NOD) is filed? • Yes. The lender will work with us and even allow you to cure the late payments even after the notice of default (noD) notice of sale (noS)has been filed. • We have successfully stopped the foreclosure sale up to 3 days before the foreclosure sale.

What happens to your credit? • Your credit will be affected by the short sale process, but if you start the process early enough you can avoid the negative foreclosure rating on your credit.

Can you complete a short sale and keep your mortgage and credit current? • Yes. Some lenders will grant short sales while your credit is still current as long as your financial situation warrants it.

After a short sale, when will I be able to buy a home again” • Typically, most guidelines are 2 years, but restrictions may apply.

What is the next step? • Call or e-mail me for a personal and confidential appointment. I have successfully closed numerous short sale transactions and I’m versed in all the steps required to close a short sale successfully. I look forward to answering all your Real Estate and Mortgage questions.

What are they & why do lenders accept them?
















* FREE APPRAISAL OFFER * FREE APPRAISAL OFFER * FREE APPRAISAL OFFER *

All programs based on full documentation Stated income and stated assets also available Lower rates available with buy down programs Cash out up to 85% LTV Purchase Loan with only 3.5% down Loans over $729,750 (Jumbo) Available First time buyer programs

NO POINTS NO FEE LOAN No closing costs No origination fees No documentation fees No title and escrow fees

Unlimited Cash Out Refi mortgages All types of credit scores and history

Sterling Coast to Coast, Inc. is a licensed CA Real Estate Broker, CA Broker License #01460713. CA Dept. of Real Estate (919)227-0931. Equal Housing Lender. Programs include interest rates may change without notices or may be unavailable after commitment or closing. Programs available to qualified

borrowers and restrictions may apply. All loans subject to credit, verification of equity and are amortized on a 30 year term unless specified above. *Appraisal fee to be refunded at the time of closing.*

TERM

RATE

APR

3/1 ARM

N/A

N/A

5/1 ARM

4.00

4.24

15 YR

4.00

4.24

30 YR

4.625

4.865

FHA ($729,750 SFR)

TERM

RATE

APR

5/1

3.85

7/1

4.000

4.23

15 YR

4.25

4.49

30 YR

4.875

5.115

SUPER CONFORMING ($417,001 TO $729,750)

3.625

TERM

RATE

APR

5 YR I/O

3.85

10 YR

3.75

3.98

15 YR

4.125

4.355

30 YR

4.75

4.99

CONFORMING LOANS ($417,000 AND UNDER)

3.625

(4/11/2011)

AVAILABLE

Low Rates Still Available











ListingFeatured

4066 Square feet approx. Entertainers delight Loft & office Overlooking Talega Golf Course Dual zoned AC Central vacuum system

End of Cul De Sac Location Large kitchen Three fireplaces Custom shutters Pool table & T.V.s area negotiable

3071 Square feet approx. 4 Bedroom, 4 Bathroom, 3-Car Garage Granite Counters, Travertine Backsplash Stainless appliances Designer Tile Flooring Plantation Shutters

Neutral paint, recessed lighting, Surround Sound Separate Laundry and Storage Large Soaking Tub in Master Bath with two vanities Beautiful Lawn Well Manicured Yard











ListingFeatured

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Sterling april