Things to do in Corona California Tom’s Farms

March 14, 2011 by  

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sFarms 300x270 Things to do in Corona California Toms Farms

A fun thing to do on the weekends in Corona is to visit Tom’s Farms. Tom’s Farms is located off the 15 freeway, south of the 91 freeway at the Temescal Canyon exit. Founded in 1972  as a fruit stand, Tom’s Farms has expanded over the years. There’s something for everyone! There is live music on Saturdays and Sundays (seasonal) from 12:30 until 5:00 next to the pond where you can sit down and relax. You may see ducks and other birds. Many weekends, there is a craft fair every 3rd weekend of the month, rides for the kids and a Magic Show from 10-2:00. You can also have a party there! There are a few restaurants to choose from and you may even get a free lunch on your birthday. I have tried all of their restaurants. The food is good! You don’t have to go out of town to have a good time in Corona. Just go to Tom’s Farms.

For the Kids

  • Petting zoo
  • Pony rides
  • Tractor rides
  • Train rides
  • Carousel
  • Jumper
  • Shooting gallery
  • Magic show
  • 

Shopping

  • Fresh Produce
  • Sweet Shop
  • Fudge & Gourmet Popcorn
  • Wine & Cheese/Gifts & Food
  • Furniture Store

Restaurants

  • Tom’s Old Fashioned Burgers
  • Senor Tom’s-Mexican and BBQ
  • Wine & Cheese Shop-Sandwiches & Pizza

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12500 Avocado Way, Riverside, Ca 92503

March 12, 2011 by  

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SAM 0150 Small1 300x225 12500 Avocado Way, Riverside, Ca 92503This desirable single story home will suit many Buyer’s needs. Featuring a double door entry, formal living and dining, the kitchen has lots of counter space and cabinets, a large island for entertaining, under-cabinet lighting, double oven, countertop stove and step-in pantry. The kitchen also has an eating area and is open to the family room with cozy fireplace and ceiling fan. Next to the kitchen is the laundry room that leads to your 3 car garage with opener and access to outisde. The master bedroom is on one side of the home and the other two bedrooms are on the other side. The master features a ceiling fan, wood shutters and bathroom suite with dual sinks, separate garden bathtub and separate shower. Also a mirrored walkin closet. One bedroom is double sized because the original owner opted for one large bedroom instead of two bedrooms. This extra large bedroom has a ceiling fan and walkin closet. The third bedroom also has a ceiling fan and Wainscotting for a homey feel. the backyard is very spacious and has plenty of room for a pool. There is a separate gated area that can be used for a dog. On the other side is a relaxation garden. Located in Victoria Grove which is a gated community with associatio pool, spa, park and more.

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Are you confused about Tax Impounds?

March 12, 2011 by  

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Tax Impounds 214x300 Are you confused about Tax Impounds?

When purchasing a home, tax impounds can be very confusing.

The amount to be collected will change daily. Each month there will be a different amount of months of required estimated taxes to be deposited into escrow and held in your impound account which is set up by your lender for when the taxes become due by the County. See the chart below.

Closing/Funding Month First Payment Month Impounds Required
January March 6 Months
February April 1 Month
March May 2 Months
April June 3 Months
May July 4 Months
June August 5 Months
July September 6 Months
August October 7 Months
September November 8 Months
October December 9 Months
November January 4 Months
December February 5 Months

1st Half Taxes Due November 1st – Delinquent December 10th
2nd Half Taxes Due February 1st – Delinquent April 10th

  • The amount a new lender will require to establish your tax impound account will vary according to when you close your real estate transaction.
  • Keep in mind these are not fees, tax impound account set-up costs are your money.
  • If you would like to discuss paying tax impounds, please talk to your loan officer.

* This tax impound chart is intended for general information purposes only. No guarantee for it’s accuracy.

What this means to a Buyer is that certain months, there will be more up front money required than other months for your tax impounds.. After looking at the chart, you will see that if you close escrow in October, your first payment most likely will be due in December where there are 9 months of taxes to be collected from you up front for your impound account. In the past years of selling homes, I have found that if you are using Conventional financing, it’s possible that you will not be required to set up an impound account for taxes and homeowner’s insurance in order to close escrow. If that is allowed, you can close escrow without an impound account, then set up an impound account later when there is not as much money required. Many Buyers will choose to have an impound account for taxes and insurance so they will not have to come up with a lot of money when the bills become due. Real estate taxes are due twice per year and homeowner’s insurance is due once per year. I hope you find this Tax Impound information helpful.

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