Drive Real Estate is your source for the best real estate services throughout Riverside County. We are a team of knowledgeable and highly experienced realtors that specialize in cities from Temecula to Murrieta, Corona to Lake Elsinore, Menifee to Canyon Lake and many more all throughout Riverside County. We strive to assist our clients with everything from short sales, REO and bank owned homes, rentals or simply finding the home of their dreams.
At Drive Real Estate, we understand that the real estate market can be difficult to navigate, which is why our agents are ready to answer your questions and assist you in any way they can. Our office provides dedicated real estate services in Temecula, Murrieta, Canyon Lake, Lake Elsinore, Menifee, Corona, Winchester, Wildomar and many other cities throughout Riverside County.
With our website, you will be able to easily browse up to date listings of great properties in areas like Temecula, Murrieta, Winchester, Corona and many more. Our real estate listings showcase photos, virtual tours, property descriptions and the ability to request a showing all with the click of your mouse.
At Drive Real Estate, we understand that the real estate market can be difficult to navigate, which is why our agents are ready to answer your questions and assist you in any way they can. Our office provides dedicated real estate services in Temecula, Murrieta, Canyon Lake, Lake Elsinore, Menifee, Corona, Winchester, Wildomar and many other cities throughout Riverside County.
With our website, you will be able to easily browse up to date listings of great properties in areas like Temecula, Murrieta, Winchester, Corona and many more. Our real estate listings showcase photos, virtual tours, property descriptions and the ability to request a showing all with the click of your mouse.
Services
A short sale in real estate occurs when a lender agrees to accept a discounted payoff on a loan.
In most cases, the home owner owes more on the property than the the home is currently worth.
This occurs only when a home seller qualifies for a short sale through proving a hardship.
We are specialists in working Short Sales in our local areas.
We help home owners by working with your lender to negotiate a lower payoff amount in order to price your home below competition and get it sold.
Our agents will also aggressively market your home to attract buyers and oversee the entire sales process of your home.
In most cases, the home owner owes more on the property than the the home is currently worth.
This occurs only when a home seller qualifies for a short sale through proving a hardship.
We are specialists in working Short Sales in our local areas.
We help home owners by working with your lender to negotiate a lower payoff amount in order to price your home below competition and get it sold.
Our agents will also aggressively market your home to attract buyers and oversee the entire sales process of your home.
A short sale in real estate occurs when a lender agrees to accept a discounted payoff on a loan.
In most cases, the home owner owes more on the property than the the home is currently worth.
This occurs only when a home seller qualifies for a short sale through proving a hardship.
A foreclosure can impact your credit far more than a short sale, especially in the long term.
In fact, some banks don't report a short sale.
In addition, in the event of a foreclosure, in many states the lender will seek a deficiency judgment in the amount you owe.
In most cases, the home owner owes more on the property than the the home is currently worth.
This occurs only when a home seller qualifies for a short sale through proving a hardship.
A foreclosure can impact your credit far more than a short sale, especially in the long term.
In fact, some banks don't report a short sale.
In addition, in the event of a foreclosure, in many states the lender will seek a deficiency judgment in the amount you owe.
Pre- Qualification: Meet with a mortgage broker and find out how much you can afford to invest for your new home.
Pre- Approval: While knowing how much you can afford is the first step, sellers will be much more receptive to potential buyers who have been pre-approved.
You also will avoid being disappointed when going after the homes you are interested in that may be out of your price range.
With Pre- Approval, the buyer actually applies for a mortgage and receives a commitment in writing from a lender.
Pre- Approval: While knowing how much you can afford is the first step, sellers will be much more receptive to potential buyers who have been pre-approved.
You also will avoid being disappointed when going after the homes you are interested in that may be out of your price range.
With Pre- Approval, the buyer actually applies for a mortgage and receives a commitment in writing from a lender.
The 1031 Tax Deferred Exchange is a method by which owners of investment property may transfer the equity in their current property into a new property without triggering a taxable event.
The 1031 Tax Deferred Exchange preserves your equity by deferring the tax you would pay on the Capital Gain you would realize if you sold your property outright.
It allows you to re-leverage your investment, thereby increasing your real estate holdings.
You lose none of your equity to taxes, thus allowing you to transfer your maximum equity into the purchase of your next property.
The 1031 Tax Deferred Exchange preserves your equity by deferring the tax you would pay on the Capital Gain you would realize if you sold your property outright.
It allows you to re-leverage your investment, thereby increasing your real estate holdings.
You lose none of your equity to taxes, thus allowing you to transfer your maximum equity into the purchase of your next property.
A title insurance policy protects a real estate owner or lender against any loss or damage they might experience because of liens, encumbrances, or defects in the title to said property, or the incorrectness of the related search.
Protection against loss from claims on real estate which cannot be discovered by examination of the public records is the second part of the two-fold benefit provided by Title Companies.
Casualty Insurers (car, life, health, etc.) assume risk for future events, collecting monthly or annual premiums.
Protection against loss from claims on real estate which cannot be discovered by examination of the public records is the second part of the two-fold benefit provided by Title Companies.
Casualty Insurers (car, life, health, etc.) assume risk for future events, collecting monthly or annual premiums.
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