SGi Staff

From the category archives:

Orange County Real Estate

Another Onslaught of Foreclosures About to Explode

July 6, 2009
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Get ready! We’re not even close to seeing even an inkling of a slowdown in the onslaught of foreclosures.  This just in from Los Angeles Times real estate writer Don Lee:
“Mortgage defaults have surged to record levels amid rising unemployment and falling home prices. Lenders are expected to move quickly to clear up backlogs as [...]

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10 Great Reasons to Choose Shandrow Group Today

June 22, 2009
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Here are 10 Great Reasons to Choose Shandrow Group for your real estate needs:
1. We’re a No-Hassle Turn-Key Solution. We take you from start to finish, no matter what type of property you’re in the market for. Our goal is to provide our clients with personalized, professional, honest hard work. We truly desire to match [...]

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California’s 90-day foreclosure moratorium starts, sort of

June 17, 2009
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This is a great post from Mathew Padilla of OCRegister.com discussing the new foreclosure moratorium in California.
A state law halting home foreclosures for 90 days begins today, but companies can earn an exemption by showing they are already busy modifying loans.
The California Foreclosure Prevention Act, or Assembly Bill X2 7, which Governor Arnold Schwarzenegger signed [...]

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Will Shadow Inventory Hurt U.S. Housing Market?

June 15, 2009
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Will the ’shadow inventory’ stunt a housing recovery?
Source: — Tom Petruno, Los Angeles Times
After every bear market on Wall Street, some investors are reluctant to buy because they believe many other investors will be anxious to sell into any rebound, swamping the market and stunting any recovery.
And yet, bull markets get going anyway.
Now the same [...]

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Shandrow Group Featured in German Documentary on California Foreclosure Market

June 10, 2009
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Shandrow Group Goes International!
We’re proud to announce that Shandrow Group will soon be making its European television debut in a German “60 Minutes”-style documentary on the booming California foreclosure market.
We were honored to have Munich-based FOCUS TV Produktions GmbH along for the ride for an entire day last week as editor Kirsten Moser and her [...]

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Brilliant Bank-Owned Alamitos Beach Condo—Priced to Sell

April 30, 2009

GREAT LOCATION: ALAMITOS BEACH OCEAN AIR.
GREAT DEAL: BANKED-OWNED FORECLOSURE IS PRICED TO SELL!
PRICE: $135,000 (only approx. $207 per square foot).
THIS ADDRESS: 1227 E. First St., #2B, Long Beach, CA 90802-5709
CROSS STREETS: ORANGE & ESPERANZA
CONDO TYPE: beach community 1 bedroom, 1 bath upstairs condominium-style residence (in a 10-condo building)
CONDO SIZE: 650 sq. ft.

YEAR BUILT: 1961

INTERIOR AMENITIES
* [...]

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Ocwen First to Issue Obama’s Making Home Affordable Loan Modifications

April 16, 2009

Ocwen Financial Corp., a prominent subprime loan servicer and current Shandrow Group client, is officially the first mortgage servicer to begin modifying home loans as part of the Obama administration’s Making Home Affordable (MHA) program.
The $75 billion government loan modification initiative enables at-risk borrowers lower their monthly payments to help them avoid foreclosure or bankruptcy [...]

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The Meridian at 1400 Ocean Boulevard, Premium Long Beach Condos

April 14, 2009

Address: 1400 E. Ocean Blvd., Long Beach, CA 90802
Stories: 4
Units: 70 condos
Types of Units: 3 bedrooms, 2 baths, varied floor plans
Approx. Size Range: 1,293 to 1,800-plus sq. ft.
Year Built: 2001

Indoor Amenities:
Cathedral 9-foot ceilings accented with crown molding
Gourmet kitchens featuring granite countertops and tile floors
White European-style cabinets
Gas fireplaces
High-shine hardwood floors
Elegant recessed lighting
Deep soaking tubs
His and her [...]

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Ultramodern Pine Avenue Courtyard Lofts

April 6, 2009

Address: 819-849 Pine Ave. Long Beach, CA
Units: 16
Types of Units: 1 bedroom (private upstairs master bedroom lofts), 1 bath
Size Range: Approx. 800 sq. ft to 1,150 sq. ft., varied floor plans
Stories: 2
Year Built: 2005
Average HOA Dues: $215
Indoor Amenities:
•    Ultramodern downstairs fireplaces
•    State-of-the-art gourmet kitchens, some outfitted with gorgeous granite counter tops and stainless steel appliances [...]

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Top Reasons to Sell Your Home Via Short Sale

March 13, 2009

Perhaps you’re “upside down” on your house and can no longer afford your mortgage payments. Maybe you owe more than the property is worth and simply can’t refinance. Or, it may be that you still can’t handle your house payments even after modifying your loan or reducing your interest rate. Times are tight and you’re [...]

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