Mark Shandrow | Short Sale Resource Center
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This is a first in a series of discussion about doing short sales for different services. The purpose of these upcoming articles is to highlights some of the tips, tricks and secrets we have uncovered negotiating Bank of America short sales. These tips and tricks should help with your experience and increase your chances of [...] Read more »
This is a great article on Huffington Post about why bank can not rent home to the previous home owner–it is currently prohibited by Fannie Mae or Freddie Mac–two of the largest investors in home mortgages. Here is the full story. . . Housing investors and advocates are embracing a new strategy to keep struggling [...] Read more »
I saw this sign the other day driving around Long Beach and another similar one in South Central. You can always tell where the real estate market is by the Yellow Bandit Signs. What do you think this sign tells us about the real estate ? Read more »
Adopting 580e, changes to California State Law SB 931, which take affect January 2011, reinforces current anti-deficiency laws under Code of Civil Procedure (CCP) 580b and 580d. The bill, SB 931, adds a significant provision to the California anti-deficiency laws which protect California borrowers from deficiency liability on real estate secured obligations. The purpose of SB [...] Read more »
This is a guest post by Kevin Craig who is a financial writer for Oak View Law Group. He has helped lot of debt burdened people with free counseling on debt settlement services. With his advice many are now living a debt free life. Are you financially strapped and considering a short sale for your [...] Read more »
Are you starting the Short Sale process in Long Beach because your mortgage is underwater? Did you suddenly have an eager buyer approach you with an offer that will solve all of your problems? Just be cautious. You could be bait for a new real estate scam called Short Sale “flopping.” What is Short Sale [...] Read more »
Looking for the perfect home in Long Beach, CA isn’t as easy as it was in 2007. New real estate buyers must know how to navigate the online listings, as well as exhaust all other house-hunting resources to find the best bargain. And though the government has implemented a number of homeowner programs, mortgage lenders [...] Read more »
In the past, Southern California home sellers needed to prove a hardship to complete a short sale. In recent months, many homeowners have completed short sales without a hardship. So What Has Changed? The motivation of many homeowners who want to start the short sale process is that their mortgage balances have suddenly become higher [...] Read more »
Long Beach based real estate brokerage firm committed to One Less Foreclosure program Long Beach, CA. – With almost 3,000 Long Beach properties approaching foreclosure, according to foreclosuresradar.com, most troubled homeowners are unaware of the option to short sale their distressed properties with assistance from the federal Treasury Department’s Home Affordable Foreclosure Alternative (HAFA) Program. [...] Read more »
Did your Long Beach neighbor just sell their house for less than you owe on your mortgage? Did you buy the perfect starter home, but now need to stay in it at least 5 years longer than you planned just to break even? Has your lender refused to modify your home loan? Do you think [...] Read more »
