Real-Time REO Reporting – In Court for Unlawful Detainer in Compton

Written by on November 16, 2009

I've appeared in court a lot lately. I shot this video before I headed to court for another LA County unlawful detainer. The current occupants are refusing to leave. We've tried giving them notice and approaching them with Cash-for-Keys. No luck so far. As we expected the occupants didn't show up in court. So, the court awarded the property to the bank and the occupants will need to vacate the property before November 29, 2009. Read more »

Real-Time REO Reporting – Belmont Heights Home

Written by on November 12, 2009

I shot this video during the initial occupancy check of a home in Belmont Heights. As you can see, I didn't get a chance to complete the occupancy check because a nosy neighbor got in the way of filming. We did find out that the home is currently occupied, so we'll have to take the next step and encourage the occupants to accept relocation assistance. If they don't, we'll have to start the eviction process. Stay tuned for more updates. Read more »

Killer Modern Mid-Century Home with Sweeping View of LA

Written by on September 18, 2009

Wow, I wish we got foreclosures like this every day. Check this place out: It is super tiny – just under 600 square feet – but it has incredible LA views.  Plus, it is just up from Sunset Drive.  You can almost spot the marquee for the House of Blues. This would be a perfect [...] Read more »

Historic Bank-Owned Home for Sale in L.A.’s Wilshire Area

Written by on March 23, 2009

Call Today to Schedule a Personal Tour Or—NEW!—Make an offer online NOW! Address: 1424 S. New Hampshire Ave. Los Angeles, CA 90006-4510 Home Type: Historic single-family, single-story, BANK-OWNED Price: $369,900 Square Feet: 1,281 sq. ft. Lot Size: sq. 4,150 sq. ft. Rooms: 3 bedrooms, 2 baths Year Built: 1907 Extras: Newer windows and roof Central [...] Read more »

Top Reasons to Sell Your Home Via Short Sale

Written by on 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 [...] Read more »

Top 5 Benefits of Buying a Bank-Owned Home

Written by on 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 [...] Read more »

Lakewood Foreclosure Fixer-Upper For Sale

Written by on February 28, 2009

Price: $199,000 Call to Schedule a Personal Tour Address: 11867 206th St., Lakewood, CA 90715 Home Type: Single-Family Square Feet: 960 Lot Size: 5,050 sq. ft. Year Built: 1953 Rooms: 3 bedrooms, 1 bath, large family room addition Extras: Large backyard and long front driveway with carport FIX AND SAVE! This single-story, single-family home in [...] Read more »

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

Written by on February 28, 2009

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 »

Southern California Home Prices Plummet as Foreclosures Rise

Written by on 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 [...] Read more »

Luxury Beachfront Belmont Shore Foreclosure for Sale

Written by on 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 [...] Read more »

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