Posts tagged as:

Foreclosures

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 [...]

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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 [...]

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

February 28, 2009

Here’s 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 Affordability arm, [...]

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Southern California Home Prices Plummet as Foreclosures Rise

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 2000. For [...]

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Luxury Beachfront Belmont Shore Foreclosure for Sale

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 is nestled among some of the finest, most [...]

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Gov. Schwarzenegger’s Foreclosure Moratorium Explained

February 25, 2009

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 the [...]

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

February 24, 2009

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, two-and-a-half-bath boasts all-new ceramic tile, carpet, [...]

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Obama Signs Economic Stimulus, Will Soon Reveal Homeowner Help Plan

February 18, 2009

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 much-anticipated [...]

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What a start to 2009!!

February 3, 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 of [...]

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Top Five Benefits of Buying Foreclosures

January 28, 2009

Whatever your real estate goals are, investing in a bargain-priced foreclosure packs enormous potential for profit. With historically high supply and record low prices, there’s never been a better time to buy one.
Here’s why:
1. Dramatically reduced purchase prices. Bank-owned foreclosures (and pre-foreclosures) cost radically less from the outset, typically deeply below their market value. The [...]

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