Top Reasons to Sell Your Home Via Short Sale

Written by on March 13, 2009 · 1 Comment

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 more » Read more »

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

Written by on March 12, 2009 · 1 Comment

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, more » Read more »

Top 5 Benefits of Buying a Bank-Owned Home

Written by on March 5, 2009 · 1 Comment

1. More home for your buck. How? By taking advantage of potentially lower interest rates and dramatically lower prices, two ways in which banks entice buyers to take a losing asset of their hands—fast! Bank-owned (REOs) and foreclosed upon properties average discounts between 20% and 25% off their overall retail value. Buying the property “as more » Read more »

Quality Bank-Owned (REO) Los Angeles Home for Sale

Written by on March 4, 2009 · Leave a Comment

For More Photos Click Here Price: $204,900 Call to Schedule a Personal Tour Address: 626 W. 110th St., Los Angeles, CA 90044 Home Type: Single-Family Traditional, Single-story Square Feet: 1,176 Lot Size: 5,002 Year Built: 1925 Rooms: 3 bedrooms, 2 baths Outdoor Extras: Secure fence; located on a very nice street; detached 2-car garage; long more » Read more »

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

Written by on February 28, 2009 · 1 Comment

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 more » Read more »

Southern California Home Prices Plummet as Foreclosures Rise

Written by on February 28, 2009 · Leave a Comment

Southern California home prices have fallen to 2002 levels, according to a recent Los Angeles Times report, and they won’t stop plummeting any time soon. SOCAL HOMES BECOMING MORE AFFORDABLE Studies show that significantly more people will be able to realize the American dream of home ownership in Southern California than they have been since more » Read more »

The Inside Scoop: How Banks & Mortgage Servicers Are Coping With Foreclosure Explosion

Written by on February 26, 2009 · Leave a Comment

In an effort to stay on top of the latest in the exploding foreclosures market and the ever-adapting mortgage loan servicing industry, I had the benefit of attending the Feb. 17-20  MBA’s National Mortgage Servicing Conference & Expo in Tampa, Florida. I’m excited to share the crucial insider information I was able to learn and more » Read more »

Gov. Schwarzenegger’s Foreclosure Moratorium Explained

Written by on February 25, 2009 · 1 Comment

Gov. Arnold Schwarzenegger signed a 90-day moratorium on California home foreclosures (legislation SB2X-7 and AB2X-7) amid criticism that the law likely won’t put a dent in the skyrocketing pace of repossessions. Here’s what you need to know: The bill, as part of the state’s recent budget deal, safeguards owner-occupied residences that had first loans on more » Read more »

This Week’s Top Properties: 3 Great Value Southern California Foreclosures

Written by on February 24, 2009 · Leave a Comment

44 Tavella Place, Foothill Ranch, Calif. 92610 VIP SPECIAL, CALL FOR PRICING INFO CLICK HERE FOR MORE PHOTOS Square Feet: 2,115 Lot Size: 3,794 sq. ft. Rooms: 4 bedrooms, 2.5 baths Here’s your chance to buy a spectacular Orange County two-story home with all the trimmings. Nestled in a private neighborhood, this completely refurbished four-bedroom, more » Read more »

Obama Signs Economic Stimulus, Will Soon Reveal Homeowner Help Plan

Written by on February 18, 2009 · Leave a Comment

Today’s breaking housing news is centered on two historic events: The Economic Stimulus Package – President Obama signed the $787-billion economic stimulus package in Denver, Colorado, just moments ago, in an attempt to revive the hard-hit economy and slow the tide of foreclosures. President Obama’s Housing Rescue Plan – Tomorrow the President will unveil his more » Read more »

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