Thank you Ed Hoffman and the Wholesale Capital Team for your Gold Sponsorship! More about Wholesale Capital Corporation: http://www.wccmtg.com/  WHOLESALE CAPITAL CORPORATION was incorporated under the laws of the State of California on October 5, 1992. Prior to that time, all mortgage lending was conducted under the D.B.A., American Bankers Capital. Both companies were owned and operated by Robert L. Rummer and Bruce Rummer prior to January 1, 1996. The corporation was formed with the intent of originating home mortgages through the use of FHA/VA and Conventional loan products. On January 13, 1993, the U.S. Department of Housing and Urban Development (HUD) approved Wholesale Capital Corporation as a Loan Correspondent, under their guidelines. On January 1, 1996, upon the retirement of ... 05/01/2009

Usually, people use New Year's Day as inspiration to start anew.  Since I was fighting off a cold so that I could get into surgery on January 7th, New Year's was NOT a day of renewal for me.  Recouperating from surgery can take a while.  In my case, the doctor gave me 12 weeks to make sure that everything healed up nicely before I could do anything more strenuous than folding laundry.  Last week, those 12 weeks were up!  My son and I finally got to do what I had been promising him to do since we moved into our house last summer (and before the intense abdominal pain stopped me from doing any such foolishness): attempt to climb the hills behind us.  Now, when my son was younger, we used to go on excursions around the smaller hills of our old house all the time.  These hills behind our cu... 04/09/2009

Spring is blooming in Southern California.  These are the local flowers blossoming right now in our neighborhood.  My son took the photos and I think he did a great job.  He's becoming quite the photographer! Heather Chavez - Second Self Virtual Assistance: When There Isn't Enough of You to Go Around! 04/06/2009

With my husband out of town, it was a pretty quiet night on the old homefront anyway.  I had discussed the whole "Earth Hour" campaign with my son earlier in the day, letting him know that, in support of our Mother Earth, we would be "going dark" from 8:30pm-9:30pm.  I also let him know that this wasn't just something happening in the United States.  In fact, countries around the world would be turning off their lights to show support for energy conservation.  But, instead of just the lights being turned off, we actually made sure that everything was turned off and all the appliances that were plugged in that didn't need to be plugged in got turned off.  No TV, no radio, no charging of the various Ipods, cell phones, rechargable batteries, toothbrushes, etc.  We lit a few candles to al... 03/28/2009

I have noticed lately that I seem to be getting better service at most of the places I patronize.  Maybe it's the upside of a bad economy.  With jobs at a premium nowadays, anyone who is currently employed seems to feel the need to up their service quotient to show how valuable they are to the company.  I was extremely lucky that this was the case over the last couple of days.  On Monday, after a long, stressful day of working and with my husband out of town, I decided that I was too tired to cook.  So, I ordered pizza for my son and I.  This is very unusual for a workday, but I thought I needed a bit of a break.  After I ordered a Boompa's pizza from our favorite neighborhood pizzeria, I ran up the street to pick it up.  No problem.  I opened the car door, laid the pizza in the passeng... 03/04/2009

If you're anything like our family, Friday night is pizza night.  It's quick, it's easy and, darnit, I've cook ALL WEEK LONG and I DESERVE A BREAK!  We've had lots of pizza in my house over the years: store bought, junk food (Pizza Hut, Dominos, and...gulp...Little Ceasars) and restaurant-style.  So, you could kinda say that we are pizza connoisseurs.  We have found two of the best pizza places in all of Moreno Valley. The Pizza Kiln, located at 12625 Frederick St #W-4 (951-653-5000), offers gourmet wood fired pizza.  It is scrumptious!  Their Margherita and Make It Meaty are absolute heaven.  They also offer vegetarian for animal lovers.  You can choose from any of their wonderful gourmet pizzas as well: Buffalo Chicken, BBQ Chicken, "True" Hawaiian, Caribbean Jerk Chicken (hello!), Th... 02/19/2009

If you love Italian food like I do, you are going to want to visit Moreno Valley's little gem of a restaurant, the Chicago Pasta House.  This is a family-owned restaurant that began in Chicago back in 1974 with old family recipes from Italy.  Eventually, the owners moved to California and brought the taste of the old country with them.  You feel right at home when you walk through the doors of the converted house that serves as the restaurant.  Everything is fresh and delizioso!  In fact, their Italian dressing is made everyday by Mama Rita herself.  She actually comes in to make it every morning by hand and it is the best Italian dressing I have ever had.  Both Mama and Papa come out to visit with guests, giving warm hugs and kisses to everyone and greeting you as part of the family.  ... 02/14/2009

In November 2008 the median home price in America (per NAR) was: $181,300 In December 2008 the median home price in Moreno Valley, CA was: $146,500  per dqnews.com The average Moreno Valley home listed for sale now between $145,000 and $148,000 is: 1666 square feet in size Built in 1986 on .20 acre lot with 4-bedrooms, 2+ baths Now that's affordable ........ Beverly A. Bayer, SRA (appraiser) 02/11/2009

Looking the the list prices of the pending sales from November 2008 and list prices of homes that sold in August 2008 - I am finding that prices on average (about) have been lossing value at the rate of $250 per day.  Right now you can buy twice the house for $200,000 (2200 to 2400 square feet) as you could have 1-year ago - when homes on average 1070 square feet went out at $200,000.  DataQuick reports that between October 2007 and October 2008 - Moreno Valley home prices on average went down: 49.9% (from a $341,500 median in October 2007 to a $171,000 median in October 2008). Home prices per square foot now are at number were seeing in 2002.  In September 2008 the unemployment of Riverside / San Bernardino County residents was at 9.1% In Sept 2007 the unemplyment percentage was at 6.3... 12/02/2008

So if you go to realquest.com you can type in a zip code or city - and find the number of "Notices of Default", Notices of Trustee Sales" and REOs".  So I did that for 6 cities or a combination of cities, coming up with a total of NODs, NOTs & REOs. Next I found the current populations of those cities and divided that number by 4 (guessing a family of 4 - average per house).  Next I divided the 1/4 population by the foreclosure total - coming up with ranges of 10 to 15%.  Did I do that right?  The percentages seems very high - and this is NOT total REOS, etc. just what is in the pipeline now - or at least that is what I think I have.  I have been watching REOs, etc to the number of active listings and find that shocking also, for it seems that there are so many more foreclosures coming ... 11/25/2008

Bank Owned Mini Ranch! 2 bedroom 2 bath brick home on over 2.5 acres. Great Views! Hurry this won't last!Home is sold as is with no warranties implied or expressed Bedrooms:2 Baths:1 Sq Ft:1968Lot Sq Ft:1950 52855 Friendly Ln, Moreno Valley, CA 92256 Tyson Robinson Oak Tree Realty Group Direct: 951.970.5740 tyson@tysonrobinson.com www.TysonRobinson.com *Search other Bank Owned Properties at my website. We have over 500 Bank Owned Listings. Largest Bank Owned Broker in Southern California! Get the inside edge and give me a call! 11/19/2008

There are 77 Condo and Townhomes listed for sale today (excluding 2 with silly prices) - priced from: $74,900 to $360,000 (with an average price of: $144,153 / $107 per Square Foot). Since 9/1/2008 (46 days) there have been 7 pending sales - and 10 closed sales. The list prices of the pending sales ranged from: $79,900 to $267,990 (average at: $139,678 / $102 per Sq') The sold units sold from: $160,000 to $242,900 (average at: $196,712 / $131 per Sq') Based on the rate of sales - we have almost 12 months of standing inventory. Between 5/1/2008 and 7/1/2008 9 Condo / Townhomes sold - indicating an improvement in the rate of sales; with the range of prices then of: $112,500 to $240,032 (average at: $200,409 / $126). I don't get it why would someone pay about $200,000 for a condo or townho... 10/17/2008

Moreno Valley, CA Market Conditions October 10, 2008 This chart breaks down homes by size for sales 45 to 90 days ago; sales from 45 days ago to current pending sales per square foot - this chart does not appear to indicate prices are starting to stabilize.   This chart is the number of Moreno Valley homes for sale; number of sales since 9.10.2008 (from MLS) and the totals of Notices of Default (NOD); Notices of Foreclosure sales (NOT) and bank owned homes (REO) from First American.   Next chart is by quarter for Moreno Valley homes 1400 to 1600 square feet in size: median prices.   This chart is the number of homes sold (1400 - 1600sq') by quarter   From Beverly A. Bayer, SRA - Expert Moreno Valley Real Estate Appraiser - call me: 951 247-3674 for all your Moreno Valley valuation needs... 10/14/2008

Home prices are down 50% between August 2007 and August 2008. Over 2 years prices are down between 50% and 60% - with a $200,000 loss of value per house not unusual. About 60% of single family homes for sale now are priced under $200,000 In February 2006 50% of the listings were priced over $400,000 A very small number of Moreno Valley, CA homes were built before 1980; we have good functional homes - nice neighborhoods - lots of new shopping and very affordable prices for Southern California.  Market conditons are starting to improve; as buyers return.  Beverly Bayer 09/24/2008

No matter what the market, people will continue to desire to live in Moreno Valley, as it remains one of the most active cities within Riverside County. Comparatively speaking, the Moreno Valley housing market continues to post brisk sales.  In of May 2008, 300 single family homes and a total of 7 condos/townhomes sold, down 262 from last month.  My overall view of the market is still slipping in cost per square foot while the sales numbers are stabilizing a little. For a full county market report Click Here. Closed Sales For May 2008, up 53 from last month362 Single Family Homes7 Condos/TownhomesPending Sales For May 2008, Down 555 from last month388 Single Family Homes16 Condos/TownhomesCurrent Actives As of Today's Post, Down 113 from last month 1,826 Single Family Homes69 Condos/Tow... 09/14/2008

Who is Responsible for the Mortgage Mess? Beverly A. Bayer, SRA - Real Estate Appraiser, Moreno Valley, CA. Is it the couple who bought their first home? Found by their real estate agent? Who suggested the loan broker? Who placed them into a loan, made possible by an appraiser's value? Funded by a lender who accepted the appraised value and the borrower's credit worthiness; and designed the loan product? Or the secondary holder of that loan who packaged it into mortgage backed securities? Or the retired teacher who invested her life savings into that mortgage backed security; at the suggestion of her stock broker, as a source of monthly income? Or was it the rating entity that gave a good score to that mortgage backed security that the retired teacher bought into? At the suggestion of h... 09/08/2008

Was I a bad girl (appraiser)? Beverly A. Bayer, SRA - Moreno Valley, CA This week I finished an appraisal concluding that the property was selling for 15% over current market value, knowing it could probably kill the deal.  I know the real estate agents will not be happy, and probably the loan broker and lender will be very angry.  I have not yet been paid for the appraisal, and could very well have problems getting paid for my work.  I understand real estate is a success based business: you sell a home - you get a commission / you make a loan - you get a commission; and everyone wants the appraiser to be part of the loan making team.  But we are not part of the loan making team - we are part of quality control and our job is to help the lender made a prudent lending decision.  The ques... 09/04/2008

No matter what the market, people will continue to desire to live in Moreno Valley, as it remains one of the most active cities within Riverside County. Comparatively speaking, the Moreno Valley housing market continues to post brisk sales.  In of May 2008, 553 single family homes and a total of 16 condos/townhomes sold, up 297 from last month.  My overall view of the market is still slipping in cost per square foot while the sales numbers are stabilizing a little. For a full county market report Click Here. Closed Sales For May 2008, up 42 from last month309 Single Family Homes5 Condos/TownhomesPending Sales For May 2008, Up 59 from last month941 Single Family Homes18 Condos/TownhomesCurrent Actives As of Today's Post, Down 67 from last month 1,935 Single Family Homes73 Condos/Townhome... 08/01/2008

How Underwriting Laboratories (UL) has helped reduce dryer vent problems and dryer vent fire risks: UL has worked with the Association of Home Appliance Manufacturers (AHAM) and the CPSC to reduce the number of clothes dryer vent fires. Changes have been made to UL´s Standard for electric clothes dryers including: installation instructions, specifying using only metal exhaust duct materials; user instructions that lint be cleaned regularly from areas around the dryer and lint screen; routing wiring and keeping other electrical components away from heat-producing devices; and abnormal operations tests that simulate a blocked lint screen and exhaust at 25, 75 and 100 percent blockage. Dryer Vent Wizard - Dry Clothes - Safe Homes, adheres to all of the UL recommendations. About Vent Tubing... 07/26/2008

Why Dryer Vent Cleaning is So Important! Did you know that: Clothes dryers can be found in 80 percent, or 81.5 million homes throughout the United States. A full load of wet clothes placed in a dryer contains about one half gallon of water. As water is removed, lint is created from the clothes. This is why cleaning a dryer vent is the solution to prevent dryer vent fires and higher energy costs. Clothes dryers are one of the most expensive appliances in your home to operate. The longer a clothing dryer runs, the more money it costs you. If a dryer vent has not been cleaned, it could cost you even more money. The U.S. Consumer Product Safety Commission (CPSC) estimates that 15,500 fires associated with clothes dryers occur annually. These dryer vent fires account for an average of 10 dea... 07/26/2008