Shandrow Group Featured in German Documentary on California Foreclosure Market

Written by on 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 [...] Read more »

Compton Bank-Owned Fixer-Upper for Bargain Price

Written by on 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) [...] Read more »

Brilliant Bank-Owned Alamitos Beach Condo—Priced to Sell

Written by on 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: [...] Read more »

Ocwen First to Issue Obama’s Making Home Affordable Loan Modifications

Written by on 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 [...] Read more »

Banks Aren’t Reselling Many Foreclosed Homes

Written by on 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 [...] Read more »

Ultramodern Pine Avenue Courtyard Lofts

Written by on 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 [...] Read more »

Lakewood Foreclosure Fixer-Upper For Sale

Written by on 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 [...] Read more »

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

Written by on February 28, 2009

Here is 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 [...] Read more »

Southern California Home Prices Plummet as Foreclosures Rise

Written by on 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 [...] Read more »

Luxury Beachfront Belmont Shore Foreclosure for Sale

Written by on February 27, 2009

Call to Schedule a Personal Tour Address: 5341 Appian Way, Long Beach, CA 90803 Home Type: Single-Family Square Feet: 1,569 Lot Size: 3,900 sq. ft. Rooms: 3 bedrooms, 2 baths Year Built: 1961 Neighborhood: Belmont Shore This amazing, not-yet-listed foreclosure is located in Long Beach’s most exclusive beachside neighborhood. The spacious 3-bedroom, 2-bath luxury home [...] Read more »

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