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Don't Forget To Request A Quick Status Report On Any Homes Or Properties That Interest You!

It can take days, weeks, or longer for changes to appear on web sites. Don't waste your time with less than current information. Request my free Status Report and find out if the homes you are interested in are still on the market, under contract, in escrow, or if the price has been reduced.

The Status Report that you'll receive by email will also include other important information that has been left out or that is available to me through my professional resources, such as how long the property has been on the market, when it was last sold, what it sold for, and more.

Remember: As a top Corona, Fullerton and La Mirada area real estate agent, it's my job to know more about a property than any web site. Make sure you have the most current information!

School Reports in Corona, Fullerton and La Mirada, California

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California Public, Private and Charter Schools: Compare them using these top-rated, comprehensive reports.

Schools in Corona, Fullerton and La Mirada

Making An Offer >Keeping Your Earnest Money Safe

When you make an offer on a house, it is accompanied by an earnest money check. Earnest money is intended to demonstrate that you are "in earnest" about purchasing the property. The earnest money check is made out to the listing company. What happens to this check?

The party holding the check acts as an escrow agent until you go into closing. At that time you will receive credit for the amount of your check against the down payment and closing costs. Real estate brokers are required by law to keep escrow funds in a special account. These funds cannot be used to pay any other expenses associated with the sale. If you don't complete the transaction, the purchase contract determines the disposition of your earnest money funds. Be sure to review this part of your contract with the real estate agent.

If you are in default on your agreement, the funds may go to the sellers, so be sure that you understand the deadlines in order to avoid breach of contract and forfeiture of your deposit. If you have any questions, be sure to ask your real estate agent for advice.

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Q	What does the term ARM stand for?
A	An ARM is an Adjustable Rate Mortgage, a loan where the interest rate is tied to an economic index that fluctuates with the market.
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Chuck Allen Real Estate Team, REALTOR®, real estate agents and broker for Corona, Fullerton and La Mirada, California home listings, property and land for sale - NUMBER1EXPERT(tm)

Charles Allen
Century 21 Ambassador
15201 Leffingwell Ave.
Whittier, CA 90604
Cell Phone: 714-267-4438
Fax: 714-279-0019
CA DRE License: 01315356
info@ChuckAllenRE.com
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