Welcome

At Better Neighborhoods Revitalization and Better Neighborhoods Realty, we specialize in foreclosed properties. We represent individuals and groups of individuals who purchase distressed property at the court house steps and then rehab the property, getting it ready for sale.  The rehab could include any combination of new paint, carpeting, hardwood floors, appliances, cabinetry  roofing, landscaping, hardware, to name a few.  You will be pleased with the "new home" feel of our homes.  

Additionally, we represent banks in the disposition of property acquired through the foreclosure process.  Bank owned properties usually will not have any cosmetic rehabilitation; it is up to you as the potential homebuyer to see the home at its future potential.  Imagine the home with new paint or carpeting and refreshed landscaping.  In exchange for you completing the cosmetic repairs after the close of escrow, you can benefit from a lower price than a regular, non-distressed home. 

None of our properties are short-sale transactions, so there will not be an extended escrow period while you wait for the bank to approve the transaction.  Our listings are ready to close, as soon as you are.

This website is one piece of a multi-faceted service commitment that combines personal, one-on-one attention with dynamic web and e-mail resources to deliver the most comprehensive and timely service to you.

It would be my honor to serve as your real estate agent. Let's get together to talk about your home buying and/or selling plans.  Call Paul Bourn, License #01166064 at 888-843-8456 or email at pbourne@bnrrealty.com. Call Lauri Preedge,  License # 00902883 at (949) 413-1307 or e-mail at  lpreedge@betterneighborhoods.net.   We'll set-up a time to meet that is easy and convenient for you.

We look forward to working with you!

- Better Neighborhoods Revitalization

P.S. If you're not ready to meet in person, please tour our website. We are sure you'll find the resources here useful and helpful. Enjoy!




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* MOL = More or Less
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See $5.8 million home’s ocean views
1/27/2012 1:07 PM
LAGUNA NIGUEL – One of the most expensive homes for sale in the city stands out for panoramic ocean views that are among the best in the area. 5 Searidge, a 6,300-square foot home, is listed for $5.75 million with Jerry La Mott of Surterre.....Read More
 
O.C. offices rent at fastest pace since '05
1/27/2012 11:36 AM
Orange County's office landlords had a busy 2011, signing leases that filled a net 2.19 million square feet of office space — deals equal to filling the steel-faced, 21-story Plaza Tower in Costa Mesa four times. According to the brokers at Jones.....Read More
 
Gone bust, Vegas Hooters Casino at auction
1/27/2012 8:40 AM
Our fabulous compilation of real estate news and views that make you go “Really?” ... "Vegas style!” Hooters Casino in Vegas faces auction – Bloomberg Creditor will bid $60 million for Hooters Hotel – Las Vegas Review Other Vegas.....Read More
 
Analyst: Foreclosures get gobbled up
1/26/2012 2:17 PM
Veteran Southern California real estate analyst G.U. Krueger adds his commentary on the housing market … Maybe that foreclosure "shadow supply" issue is not as bad as we think, because demand for foreclosed properties is strong. According to a.....Read More
 
Vegas casinos that went bust
1/26/2012 10:00 PM
Even hotel owners have struck out on Las Vegas casino and hotel bets. Last May, for example, debt rater Moody’s said 29 percent of commercial mortgages tied to Las Vegas properties -- largely casino and hotel debts -- were delinquent vs. the.....Read More
 
Mortgages below 4% for 8th straight week
1/26/2012 1:12 PM
What's happening with mortgage rates? We've asked Jeff Lazerson, of Mortgage Grader in Laguna Niguel, to give us his weekly take … NEWS SUMMARY: From Freddie Mac's weekly survey the average 30-year fixed loan jumped .10 percentage points to 3.98.....Read More
 
Demand for cheaper O.C. homes soars 30%
1/26/2012 11:28 AM
Orange County's homebuying year got off the a "staggering" quick start, says Steve Thomas of ReportsOnHousing.com. The latest Orange County home inventory report from Thomas – data as of Jan. 19 – estimates that the local market's speed quickened.....Read More
 
Garden Grove homebuying dips 12% in '11
1/26/2012 10:03 AM
Garden Grove real estate dipped in '11. For calendar year 2011 vs. 2010 -- latest DataQuick stats -- 1,072 residences sold in Garden Grove vs. 1,218 deals closed in the matching period a year ago -- a 12.0% decline over the past 12 months. Of.....Read More
 
9% dip for Orange/Villa Park homebuying in '11
1/26/2012 7:00 AM
In was slow for Orange/Villa Park real estate last year. For calendar year 2011 vs. 2010 -- latest DataQuick stats -- 791 residences sold in Orange/Villa Park vs. 870 deals closed in the matching period a year ago -- a 9.1% decline over the past.....Read More
 
Brea home sales jumped 15% in '11
1/26/2012 5:00 AM
Brea real estate for sale looks up recently. For calendar year 2011 vs. 2010 -- latest DataQuick stats -- 401 residences sold in Brea vs. 349 deals closed in the matching period a year ago -- a 14.9% increase over the past 12.....Read More




* Rebate is available only to buyers who close escrow/proceed to final settlement with Better Neighborhoods Revitalization, Inc. acting as their sole and exclusive agent in the purchase of real estate. For homes with a final sales price of $100,000.00 or more, the rebate is twenty percent (25%), of the cooperating broker commission actually received by Better Neighborhoods Revitalization, Inc. at the close of escrow/settlement for representing the buyer net of any allowances or other deductions by Better Neighborhoods Revitalization, Inc. related to the transaction. The amount of the cooperating broker commission received will vary on individual properties. Occasionally, the seller and/or listing broker in a transaction will offer the broker representing the buyer a bonus or other additional incentive over and above the cooperating brokerage commission. Any such bonuses or other additional incentives are separate and apart from the cooperating brokerage commission actually received by Better Neighborhoods Revitalization and buyer is not entitled to a rebate on any bonus or other additional incentive monies paid toBetter Neighborhoods Revitalization over and above the cooperative broker commission. For homes with a final sales price of $99,999.99 or less, Better Neighborhoods Revitalization will not pay a rebate. If a rebate is paid, the rebate will be paid or credited to the party or parties named as the "buyer(s)" or "borrower(s)" on the HUD-1 Closing Statement or equivalent official closing statement. In the case of an IRC §1031 Tax Deferred Exchange ("Exchange"), the party named as the "buyer or borrower" is the Qualified Intermediary (the "Exchange Company") and the rebate will be paid or credited to the Exchange Company for the benefit of the party conducting the exchange (the "Exchanger"). All buyers, or in the case of any Exchange, the Exchanger must sign this Rebate Agreement before any rebate will be issued. This rebate program is only available where offered byBetter Neighborhoods Revitalization, Inc.  permitted under state and federal law and when not otherwise prohibited by the buyer's lender(s). There may be tax consequences to the rebate. If you need legal or tax advice, you should consult with the appropriate professional. Offer subject to conditions, limitations, exclusions, modifications, and/or discontinuation without notice.


Better Neighborhoods Revitalization, Inc. 4 Park Plaza Suite 800 Irvine, CA 92614
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