SGi Staff

From the category archives:

Short Sales

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 [...]

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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 [...]

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Shandrow Group Is Live!

April 26, 2009

Hello everyone, I am excited to announce the opening of Shandrow Group, Inc. (SGi) brokerage. I have left Keller Williams International and opened my own brokerage. My experience with Keller Williams was great and gave me the tools necessary to launch my real estate business. However, I decided that I wanted to be able to [...]

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International Tower: Iconic Luxury High-Rise Living by the Shore

April 21, 2009
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Address: 700 E. Ocean Blvd., Long Beach, CA 90802 Stories: 30 Units: 204 condos Types of Units: Wide selection, including 1 bedroom, 1 bathrooms; 2 bedrooms, 2 bathrooms; 3 bedrooms and 2 bathrooms Size Range: Approx. 880 sq. ft. to 1,260 sq. ft. Year Built: 1965 HOA Dues: Approx. $635/month Views: Breathtaking panoramic views spanning [...]

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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 [...]

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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 [...]

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Historic Bank-Owned Home for Sale in L.A.’s Wilshire Area

March 23, 2009

Call Today to Schedule a Personal Tour Or—NEW!—Make an offer online NOW! Address: 1424 S. New Hampshire Ave. Los Angeles, CA 90006-4510 Home Type: Historic single-family, single-story, BANK-OWNED Price: $369,900 Square Feet: 1,281 sq. ft. Lot Size: sq. 4,150 sq. ft. Rooms: 3 bedrooms, 2 baths Year Built: 1907 Extras: Newer windows and roof Central [...]

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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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Short Sales 101: What’s All the Buzz About?

March 12, 2009
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So you’re seeing the words “SHORT SALE” splashed all over real estate signs across town, on the news and in the headlines. Short sales are everywhere, but exactly WHAT ARE THEY and WHO BENEFITS from them? Let’s take a quick, painless, non-confusing look. You’ll be clued-in in no time, and if you have any questions, [...]

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Obama’s Homeowner Affordability and Stability Plan: Who Is Eligible?

February 28, 2009

Here’s what you need to know about President Barack Obama’s new Homeowner Affordability and Stability Plan (HASP) to help stabilize the housing market and help millions of struggling borrowers keep their homes. What is it? Who is eligible? How will it directly impact you and your family? The first portion of HASP, the Homeowner Affordability [...]

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