From the category archives:

OC Foreclosures

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 [...]

Read the full article →

Compton Bank-Owned Fixer-Upper for Bargain Price

May 1, 2009

BARGAIN-PRICED.
BANK-OWNED BENEFITS.
PRIME FIXER-UPPER.
PRICE: $69,900
ADDRESS: 407 S. Acacia Ave., Compton, CA 90220
TYPE OF HOME: Single family, 2 bed, 1 bath
HOME SIZE: 944 sq. ft.
LOT SIZE: 5,200 sq. ft.
YEAR BUILT: 1915
HIGHLIGHTS:
* Large, natural light bathed windows
* Ceiling fans
* Spacious yard (surrounded by white picket fence)
* Tiled shower and soaking tub
* Custom built-in bookshelves, storage and cupboards
* Tiled [...]

Read the full article →

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
* [...]

Read the full article →

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 [...]

Read the full article →

Banks Aren’t Reselling Many Foreclosed Homes

April 13, 2009

This is a great article about “Shadow Inventory” that the banks are holding onto. We are in for a wild ride.
Wednesday, April 8, 2009 (SF Chronicle)
Banks aren’t reselling many foreclosed homes
Carolyn Said, Chronicle Staff Writer
A vast “shadow inventory” of foreclosed homes that banks are holding off the market could wreak havoc with the already battered [...]

Read the full article →

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 [...]

Read the full article →

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 [...]

Read the full article →

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, [...]

Read the full article →

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 [...]

Read the full article →

Lakewood Foreclosure Fixer-Upper For Sale

February 28, 2009

Price: $199,000
Call to Schedule a Personal Tour
Address: 11867 206th St., Lakewood, CA 90715
Home Type: Single-Family
Square Feet: 960
Lot Size: 5,050 sq. ft.
Year Built: 1953
Rooms: 3 bedrooms, 1 bath, large family room addition
Extras: Large backyard and long front driveway with carport
FIX AND SAVE!
This single-story, single-family home in the Pioneer/Del Amo area of the city of Lakewood presents [...]

Read the full article →

← Previous Entries