Bandit Sign: Live Rent Free 4 Months

StopEvictionSign

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 »

One West Ocean: Long Beach’s Hottest Condo Tower

PRIME HIGH-RISE CONDOS. METICULOUS DETAILS. PRICELESS AUTHENTICITY. One West Ocean, Long Beach’s tallest and fastest-selling residential tower, offers four exceptional, private luxury condos per floor. The commanding, 59-story ocean and city view condominium tower is perfectly positioned in the heart of downtown Long Beach. This full-time doorman designer skyscraper features beautifully tailored, expansive interiors that [...] 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 »

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 »

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 »

Weekly Real Estate Market Update for Long Beach, California

[No Auto Start]6f3SSwkO9rA[/No Auto Start] Here are the numbers: Active Properties for sale:  1667 Foreclosures:   717 Sold Last month in October:  305 Foreclosures or short sales:  135 Inventory:  5.46 Hot Property for the week:  251 E 17th Street, Seal Beach, CA Read more »

What Happened at REOMAC?

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 »

Secrets to Buying a Foreclosure-Series Intro

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 »

Benefits of a Short Sale Versus a Foreclosure

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 »

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