From the category archives:

Short Sales

Another Onslaught of Foreclosures About to Explode

July 6, 2009

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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Will Shadow Inventory Hurt U.S. Housing Market?

June 15, 2009

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 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 [...]

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

April 21, 2009

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 Catalina Island; the Queen Mary; Rainbow Harbor; [...]

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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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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 heating/cooling air
Recently renovated kitchen and bathroom
Recently refurbished hardwood floors and fixtures
Secure [...]

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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

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 arm, [...]

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