From the category archives:

Real Time REO Reporting

Real-Time REO Reporting – Pre-Trashout Tour @ 10630 Haledon Ave

March 9, 2010

What’s a Pre-Trashout Tour?

Just follow me as I take you through this 3 bedroom, 2 bath home at 10630 Haledon Avenue in Downey, CA.

As we walk through the house, you’ll see why it’s called a Pre-Trashout Tour.

Just take a look:

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Real-Time REO Reporting – Why Occupancy Checks Are So Important

March 4, 2010

You know it is going to be a bad day when you open the door to a vacant foreclosure and it is locked from the inside.

This video I shot at 2140 Locust in Long Beach clearly illustrates why we started our One Less Foreclosure campaign.

These kids have no fear.

Just watch:

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Real-Time REO Reporting – 8800 Garden Grove Blvd, Garden Grove, CA

March 1, 2010
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Here we are in a cozy condo development right behind the Orange Curtain – the gateway from Long Beach into Orange County.

The 2 bedroom 2 bath REO condo is located at 8800 Garden Grove Blvd, Unit 14, in Garden Grove, CA.

It’s a newer 2-2 unit with a pool view.

Just check it out:

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Real-Time REO Reporting – 3849 Pacific Ave, Long Beach, CA

February 26, 2010
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Here we are at 3849 Pacific Avenue in Long Beach, CA. We’re right down the street from the Virginia Country Club.

This new REO is not on the market yet, but when it hits, it will go fast. The home is located close to Bixby Knolls and downtown Long Beach.

This is a 3 bedroom 2 bath home with hardwood flooring, a skylight, two fireplaces and a large backyard with a covered patio. There’s still some clean up to do, but it’s pretty much move-in ready. The house is divided into two halves because of an addition. Besides the one room that has no windows and little lighting, the home is spacious and very well-lit.

Just take a look:

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A Sneak Peek at the Shandrow Group Office

February 23, 2010

Here we are at 3970 Atlantic Ave., Suite 210, Long Beach, CA 90807.

Lots of people ask me where the Shandrow Group office is located in Bixby Knolls. Our office is a little difficult to find, so I thought I’d show you exactly where we are and what to expect when you find our door.

The office is separated into two sections. First is the reception/customer service area once you step through the door. The second section is for the employees, and me of course.

I also show you how we track our properties across the board. It’s literally a board. It’s easy and provides a simple visual for our staff.

And, I even give you a peek at the most exciting thing in our office.

Take a look:

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Is Long Beach Becoming More Cyclist Friendly?

January 26, 2010
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Following is an article from the LA Times. It features some great information about the work that Bikestation is doing in Long Beach. Bikestation was the non-profit I co-founded before I left to start my career in real estate. I’m really proud of everything they are doing to help cyclists and motorists create a more harmonious relationship on the roads.

You can view the article on the LA Times website right here: http://www.latimes.com/news/local/la-me-outthere26-2010jan26,0,3205517.story

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Is She Winning the Lottery or Recieving Cash for Keys?

January 12, 2010
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Well, it’s definitely one of the biggest Cash for Keys checks I’ve seen.

This is one of my contractors, Dan Bayless, giving a Cash for Keys check to the occupant of a foreclosed home. The bank paid her $4,000 to move out.

She looks like a lottery winner, doesn’t she?

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Real-Time REO Reporting – Pre-Trashout Inspection @ 5966 Cypress Point

December 31, 2009
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This is it. Our last REO Reporting post of the 2009.

Adam and I are just going through the “Pre-Trashout Inspection” of 5966 Cypress Point, Long Beach so we can make sure it’s ready for our Open House on Saturday.

It’s a beautiful 4 bedroom 3 bathroom home with lots of natural lighting and wide open spaces. It’s in an upscale area in Long Beach. Cypress Point is collection of townhomes and detached homes in on quiet tree-lined streets in the heart of Long Beach, CA. It’s very family and commuter friendly neighbourhood.

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Real-Time REO Reporting – 5500 Ackerfield 310 Long Beach, CA

December 22, 2009

This one bedroom, one bath condo at 5500 Ackerfield 310 in Long Beach, CA 90805, has a a lot of potential.

But it still needs to be cleaned. Very badly.

Yikes.

So if you’re looking to buy a 1 bedroom condo priced around $50,000, give us a call today.

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Should You Worry About the 20% Increase in California REO Properties?

December 1, 2009
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According to both ForeclosureRadar and DSNews.com, over the last few months, the number of REO homes in California rose by 22% from September to October.

Overall California REO inventories show a 21% increase compared to last year’s numbers, but despite this spike, the latest numbers are still well below record levels. In July 2008, the banks repossessed 42% more homes in California. So, July of last year still holds the record for the largest increase in foreclosed homes.

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