From the category archives:

OC County Real Estate

Shandrow Group Featured in German Documentary on California Foreclosure Market

June 15, 2009

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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Mark’s Insider Notes From the Spring 2009 Reomac Conference

April 8, 2009

I had the pleasure of joining 3,000 fellow real estate agents earlier this week as we converged in Palm Desert, Calif. for the spectacular Spring 2009 Reomac Conference. There I gained the latest insider news on successful short sales, foreclosure inventory, loss mitigation and a host of other hot real estate topics that will strengthen [...]

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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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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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Top 5 Benefits of Buying a Bank-Owned Home

March 5, 2009

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 [...]

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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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Southern California Home Prices Plummet as Foreclosures Rise

February 28, 2009

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 2000. For [...]

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