What is HAFA and How Will it Help Your Short Sale?

We’re not out of foreclosure trouble yet, but the government’s new Short Sale program should give some California homeowners renewed hope. With the help of the federal Treasury Department’s Home Affordable Foreclosure Alternative (HAFA) Program, Short Sales are becoming a little easier to initiate and complete. The HAFA program offers financial incentives to both the [...] Read more »

Another Happy Cash for Keys Recipient?

… Not really. But at least he’s not walking away from his home empty-handed. In this pic, one of Shandrow Group’s Field Agents is handing an occupant a Cash for Keys check to help him move out of his foreclosed home. We didn’t get the same reaction as our most recent Cash for Keys success, [...] Read more »

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

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: Read more »

Top Reasons to Sell Your Home Via Short Sale

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 [...] Read more »

Short Sales 101: What’s All the Buzz About?

So you’re seeing the words “SHORT SALE” splashed all over real estate signs across town, on the news and in the headlines. Short sales are everywhere, but exactly WHAT ARE THEY and WHO BENEFITS from them? Let’s take a quick, painless, non-confusing look. You’ll be clued-in in no time, and if you have any questions, [...] Read more »

Top 5 Benefits of Buying a Bank-Owned Home

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 [...] Read more »

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

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 »

Luxury Beachfront Belmont Shore Foreclosure for Sale

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 »

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 »

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