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

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 [...] Read more »

Gov. Schwarzenegger’s Foreclosure Moratorium Explained

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 [...] Read more »

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

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, [...] Read more »

Just Listed Foreclosure For Sale: Newly Remodeled Bixby Knolls Gem

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 [...] Read more »

Obama Signs Economic Stimulus, Will Soon Reveal Homeowner Help Plan

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 [...] Read more »

Outstanding Bixby Knolls Foreclosure – Coming on the Market!

FORECLOSURE—COMING ON THE MARKET! Call for Pricing and Additional Information CLICK HERE FOR MORE INTERIOR AND EXTERIOR PHOTOS Address: 659 E. Claiborne Drive Long Beach, CA 90807 Home Type: Single-Family Square Feet: 1,662 Lot Size: 6,150 sq. ft. Rooms: 2 bedrooms, 2 baths Year Built: 1941 GREAT NEIGHBORHOOD—Minutes away from great shopping & parks! This [...] Read more »

5 Reasons to Buy a Southern California House Right Now

Home prices just keep falling. … and they’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%! That’s quite a bit steeper than the average national drop—21% in the past year. As of today there are 2,035 homes for sale in [...] Read more »

What a start to 2009!!

Wow, January was out of control for foreclosure homes in Los Angeles and Orange County, California.  The Shandrow Group had the best month in our history.  We listed almost 20 homes for sale and put 21 properties UNDER CONTRACT. We closed escrow on 11. Of course, I could not have done this without the help [...] Read more »

Huge Lot Long Beach Foreclosure – Not Yet Listed

1806 Silva Avenue, Long Beach, Calif. 90807 PRE-MARKET FORECLOSURE CALL FOR PRICING AND ADDITIONAL INFO. CLICK HERE FOR MORE PHOTOS Type: Single-Family Fixer-Upper Square Feet: 1,354 Lot Size: 7,200 sq. ft. Rooms: 3 bedrooms, 2 baths Year Built: 1942 This huge-lot north Long Beach not-yet-on-the-market foreclosure, situated just east of the Atlantic Avenue business corridor [...] Read more »

Exclusive Insider Foreclosure List Now Update–February 1, 2009

Hi Everyone, I just updated the list.  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.  These properties [...] Read more »

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