Shandrow Group

Obamaâ€™s Homeowner Affordability and Stability Plan: Who Is Eligible?

Written by Mark Shandrow on February 28, 2009 · 1 Comment

Hereâ€™s what you need to know about President Barack Obamaâ€™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 Mark Shandrow 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 Mark Shandrow 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. 17-20Â 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 Mark Shandrow 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 wonâ€™t put a dent in the skyrocketing pace of repossessions. Hereâ€™s what you need to know: The bill, as part of the stateâ€™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 Mark Shandrow 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 Hereâ€™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 »

Just Listed Foreclosure For Sale: Newly Remodeled Bixby Knolls Gem

Written by Mark Shandrow on February 23, 2009 · Leave a Comment

Price $345,000 Schedule a Personal Tour CLICK HERE FOR MORE INTERIOR AND EXTERIOR PHOTOS Address: 1812 E. Silva St., Long Beach, CA 90807 Home Type: Single-Family Square Feet: 1,566 Lot Size: 7,200 sq. ft. Rooms: 3 bedrooms, 2 baths Year Built: 1942 EXTRAS: Detached 2-car garage; private entrance to the master bedroom; newly refurbished bathrooms more » Read more »

Obama Signs Economic Stimulus, Will Soon Reveal Homeowner Help Plan

Written by Mark Shandrow 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 Obamaâ€™s Housing Rescue Plan – Tomorrow the President will unveil his more » Read more »

5 Reasons to Buy a Southern California House Right Now

Written by Mark Shandrow on February 4, 2009 · Leave a Comment

Home prices just keep falling. â€¦ and theyâ€™re only expected to dip even lower. In Los Angeles County, including right here in Long Beach, already historically-low prices have plummeted by 30%! Thatâ€™s quite a bit steeper than the average national dropâ€”21% in the past year. As of today there are 2,035 homes for sale in more » Read more »

Exclusive Insider Foreclosure List Now Updateâ€“February 1, 2009

Written by Mark Shandrow on February 1, 2009

Hi Everyone, I just updated the list.Â I am getting one new property per day–so make sure you check back often. So, if you already have your password, go to the Exclusive Insider Foreclosure List now. http://markshandrow.com/reo/ If not, sign up here: http://markshandrow.com/foreclosures/ I will be sending out updates and photos of some the new homes later this week.Â These properties [...] Read more »

Troubled Asset Relief Program: Will It Help Homeowners At Risk of Foreclosure?

Written by Mark Shandrow on January 30, 2009 · Leave a Comment

Why is TARP in the news? Because President Obama is considering spending up to $100 billion in financial rescue funds from the Treasury Department’s $700 billion Troubled Asset Relief Program. Why? To put the brakes on the subprime mortgage crisis. Bank regulators and Congressional leaders, are pressuring the Obama administration to use the funds to more » Read more »