Pacific Residential Group is a boutique real estate adivsory firm founded in Corona Del Mar, California by two local real estate brokers. Between the two of them, Brendan Cavanaugh and Blake Farris, have a combined 15 years of experience in the real estate business.
Having both lived in the immediate area for over 25 years, they understand the unique features that define each neighborhood in Orange County. Together their different backgrounds within the real estate industry provide a well rounded approach to serve client needs. Combined they have completed over 50 transactions, valued over $500 million worth of real property and have advised nearly one hundred buyers, sellers, landlords and investors.
PRG prides itself on integrity, professionalism and personal service. If we say we are going to do something we will. We believe our reputation is only as good as our clients satisfaction.
Brendan Cavanaugh is the co-founder of Pacific Residential Group. He is currently focused on representing buyers and sellers throughout coastal Orange County.
Brendan began his career at The Irvine Company, where he was responsible for the leasing of multi-family properties throughout Orange County. From there, Brendan went on to join Pacific Retail Partners, a retail tenant representation brokerage firm based in Long Beach, CA. Here, Brendan was part of a select team of brokers that developed comprehensive expansion and real estate acquisition strategies for national retailers throughout Southern California.
Brendan currently resides in Corona Del Mar. In his spare time Brendan enjoys reading, surfing and spending time with his friends and family.
Blake Farris is the co-founder of Pacific Residential Group. Blake has specialized in the acquisition and valuation of real property for over 6 years.
Starting his career as in multifamily acquisitions and development, he later went on to mortgage banking. From there he worked on the acquisitions team at a private residential land and single family masterplanned investment firm. Over his career he has valued and acquired over one hundred million dollars of real property. Continuing to remain active in commercial real estate investments, Blake understands the complexities involved with both small and large transactions alike.
Blake attended the University of Colorado at Boulder where he majored in Finance and Real Estate. Currently living in Corona Del Mar, Blake enjoys surfing, traveling, the outdoors, traveling, global economics, and spending time with friends and family.
Pacific Residential Group is a boutique real estate advisory firm that specializes in the representation of home buyers.
We pride ourselves on protecting our clients and we guarantee that our client's best interests are at the forefront of every transaction. Whether we are analyzing deal points, negotiating with outside brokers or providing information on the marketplace we always use a Client First approach.
This approach has led us to develop comprehensive Buyer Strategy Programs. Each program is specifcally tailored to fit the unique characteristics of every client. No matter how you are positioned, PRG will put together a program that works for you.
The residential market in Orange County today is a buyer's market. We understand that the buyer is the driving force behind every transaction. PRG places it's clients in the driver seat giving buyers a leg up in every transaction.
Sign up with us and take advantage of our services free of charge. Remember it is customary for the Seller to pay all commissions.
Pacific Residential Group works closely with many home owners to maximize the value of their home. PRG provides every client with a Disposition Strategy that outlines the sale process from beginning to the end.
PRG is not your typical brokerage firm. Will will not post a sign on your lawn and wait for a phone call. We utilize a proactive approach and understand how to generate the demand that is necessary to capture the true market value of a home.
When you enlist PRG to sell your home you will be provided with an unparrallel level of brokerage services that includes: an initial valuation report, market analysis, an aggressive marketing campaign, open house and staging consultation, tax implications, and much more.
Our clients rely on us to provide them with accurate market information, valuation services and honest advice to ensure they are selling at the right time and at the right price.
At PRG we feel education is an important part of the process. We want to do more than represent you. We want to be there to educate you in the entire process, including: contracts, valuation, acquisition strategy, market trends, financing and more.
We understand time is important. This section is designed to be a resource to you that can give you what you need in a short period of time.
Browse this section to learn more about market trends and what happened over the last cycle in terms of home values and where they are today. If you are new to real estate check out our beyond the home center where you can get questions answered such as: what a short sale is, if you qualify for a 1031 exchange, how to estimate your monthly payment and more.
Additionally, you can find where current interest rates are. Also, make sure to check out what you get as part of our custom buyer and seller programs.
We would love to hear from you and enjoy all questions, big, small or indifferent. Give us a call right now or shoot us an email anytime (info_prgre.com).
We understand people have different needs which is why each program is tailored specifically to you.
Our Buyer Progam will provide you with the following materials:
1. Market & Neighborhood Analysis
2. Sales Comparables
3. Home Selection Log
4. Closing Cost Outline & Estimate
5. Finance & Lender Information
CALL US TODAY to discuss further.
Our Seller Program covers every aspect of the sale, including:
1. Marketing Plan
2. Neighborhood Analysis
3. Sales Comparables
4. Competitive Properties
5. Buyer Activity Reports
6. Proforma's
7. Closing Cost Outline & Estimate
CALL US TODAY to discuss furthur.
There are a few main factors to consider when buying a home. See how these stack up to a totaly monthly payment or play with some numbers to see what you can afford. The main items to consider are:
Below is a simplified calculator that can help you ballpark your annual and monthly payment. If you would like more detail please feel free to contact us: info_prgre.com or (949) 375-8871.
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For example. If John owes $500,000 on his mortgage, but his home is only worth $400,000. He is short $100k. In order for John to sell his house at $400,000 and be released of his indebtedness (liability) to the institution who leant him the money (usually a bank), the bank must approve this transaction.
Short sales are an alternative solution to foreclosure for the Bank. There are pros and cons as with anything. Pros: Saves money on filing and legal fees associated with the trustee who runs the foreclosure sale. Limits liability for the Bank because they never show up on chain of title. Banks receive a better market price for the home. Instead of selling to an investor who needs to make a profit at the foreclosure auction, banks can sell directly to the end user and get close to fair market price. However, there is still a slight discount due to the headache and time loss the purchaser experiences.
Q: What is a short sale?
A: Simply put, a short sale is when the bank allows the owner to sell their house for less than he owes on his mortgage.
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Please excuse our mess.
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Contact: Brendan Cavanaugh
Phone: (949) 274-2213
Email: bcavanaugh_prgre.com
OR
Contact: Blake Farris
Phone: (949) 375-8871
Email: bfarris_prgre.com
