Mark Shandrow | Short Sale Resource Center
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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 »
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 »
[No Auto Start]6f3SSwkO9rA[/No Auto Start] Here are the numbers: Active Properties for sale:Â 1667 Foreclosures:Â Â 717 Sold Last month in October:Â 305 Foreclosures or short sales:Â 135 Inventory:Â 5.46 Hot Property for the week:Â 251 E 17th Street, Seal Beach, CA Read more »
I just got back this week from the 2008 REOMAC Fall Conference in Hollywood, Florida. The event was attended by approximatley 2,000 industry people including asset managers, portofolio managers, REO brokers, attroneys and service provides. The event was more than half the size of thhe 5 Star Conference in Dallas last month. This gave the [...] Read more »
In this video I talk about one of the secrets to buying a foreclosure. This is going to be the beginning of a series of videos to help real estate buyers learn about buying foreclosed property. I am an REO agent. This means that I work for the banks to help them sell their foreclosed [...] Read more »
A great real estate agent and friend of mine, Aaron Simons, sent me this chart about the consequences of a short sale versus a foreclosure. The chart was developed by the Distressed Property Institute. I think it does an excellent job of dispelling some myths about short sales and their actual consequences to a borrower. [...] Read more »
Click here to take a look at this article that came out a few months ago. Press-Telegram Article Sunday, September23, 2007 Sincerely, Mark Shandrow Keller Williams Realty Read more »
I have had the good fortune of working with Patricia Benjamin on both the sale of her condo and purchase of a beautiful ocean view condo at the same time. I was able to sell her condo in less than 14 days which allowed her to buy a new place and not stress about having [...] Read more »
Signal Hill Signal Hill, once the site of legendary Tongva Indian signal fires visible for as far away as Catalina Island, is one of the fastest growing cities in the United States today. Property values in this small, incorporated city landlocked by Long Beach grew an impressive 13.961 percent in the past year alone. Signal [...] Read more »
Bixby Knolls Bixby Knolls is a charming, historic Long Beach residential neighborhood with scenic, walking-distance access to boutique shopping and an international menu of dining options. This picturesque, tree-canopied Long Beach community is tucked away in the midst of the neighboring California Heights, Wrigley and North Long Beach areas. Many of the homes in Bixby [...] Read more »
A great client and friend of mine, Tom Johnson, just closed on a SUPER KILLER deal on a duplex in California Heights, Long Beach, CA. It was a short sale that I was able to negotiate with Country Wide. [No Auto Start]BBqiCZ2Y1E4[/No Auto Start] Read more »
You are probably wondering why a bank would agree to loose ten to hundreds of thousands of dollars on a short sale? The simple reason is that a short sale is less costly to a bank than a foreclosure. Period. It is purely economic. The reasons that short sales are less expensive to a bank [...] Read more »
