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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Want $500,000 condo? O.C. vs. U.S.
9/6/2010 6:22 PM
Our pals at Realtor.com have helped us put Orange County home pricing into national context in a novel way: Comparing how much home you’d get here vs. other major metropolitan areas around the nation at the same price point. This time, our.....Read More
 
Landlord rights, duties are workshop topics
9/6/2010 2:00 PM
The Fair Housing Foundation invites landlords to attend a workshop to learn about their rights and responsibilities. The workshop will be from 4 to 5:30 p.m. Thursday at the San Clemente Community Center at Avenida Del Mar and Calle Seville. Topics.....Read More
 
Diane Keaton family homes sell @ $6.5 mill
9/6/2010 10:00 AM
The Corona del Mar home of Oscar-winning actress Diane Keaton's late mother Dorothy Keaton Hall has sold, along with a house next door, for a total of $6,500,000. It remains to be seen if the buyer remodels, builds 1 or 2 homes, or, as the updated.....Read More
 
SoCal mortgages surpass $1 trillion this decade
9/6/2010 8:00 AM
Lenders issued $1.04 trillion in home-purchase loans to Southern California homebuyers in the past decade, continuing to dole out the cash even after the housing crash began and homebuying began to die down, a research report shows. Citing figures.....Read More
 
Did U.S. seizure of mortgage giants make sense?
9/5/2010 5:00 PM
Here’s a look at news and reports that will shape the housing discussion this coming week: Monday: Enjoy your Labor Day! Tuesday: 2-year anniversary of federal takeover of mortgage giants Fannie Mae and Freddie Mac. What’s next? .....Read More
 
Bad FICO score? Here's how to boost it
9/5/2010 8:00 AM
If you're thinking about buying a home, you know it's more important than ever to have a high FICO score.The pie at the right shows all the components that make up your score. What steps would you take to bump it up? How would you even know where to.....Read More
 
'Robust' recovery a year away
9/5/2010 2:00 AM
Kerry Vandell , professor of finance and director of the UCI Center for Real Estate at the Merage School of Business. Vandell became director of the UCI Center for Real Estate in July 2006 after holding the Tiefenthaler Distinguished Chair in Real.....Read More
 
Hard to justify re-fi when you owe very little
9/5/2010 2:00 AM
Randy Johnson, president of Independence Mortgage Co. in Newport Beach, author of "How to Save Thousands of Dollars on Your Home Mortgage" and a mortgage broker since 1983, answers questions from readers.Q. I currently have a 20-year loan with 12 1/2.....Read More
 
Housing wilts into summer slump
9/5/2010 2:00 AM
While the outlook for housing remains murky, one thing is for sure: Federal tax credits got shoppers in a springtime buying mood -- and that mood wilted in the summer once the government incentive went bye-bye for most folks.Last week, the people who.....Read More
 
Rents down, occupancy up
9/5/2010 2:00 AM
Blogger Jeff Collins tells a tale of two O.C. cities: If you stayed in one apartment in the city of Orange over the past four years, chances are your monthly rent jumped by nearly 8% over that time. The average apartment tenant in that city is paying.....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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