BARGAIN-PRICED. BANK-OWNED BENEFITS. PRIME FIXER-UPPER. PRICE: $69,900 ADDRESS: 407 S. Acacia Ave., Compton, CA 90220 TYPE OF HOME: Single family, 2 bed, 1 bath HOME SIZE: 944 sq. ft. LOT SIZE: 5,200 sq. ft. YEAR BUILT: 1915 HIGHLIGHTS: * Large, natural light bathed windows * Ceiling fans * Spacious yard (surrounded by white picket fence) [...] Read more »
Brilliant Bank-Owned Alamitos Beach Condo—Priced to Sell
GREAT LOCATION: ALAMITOS BEACH OCEAN AIR. GREAT DEAL: BANKED-OWNED FORECLOSURE IS PRICED TO SELL! PRICE: $135,000 (only approx. $207 per square foot). THIS ADDRESS: 1227 E. First St., #2B, Long Beach, CA 90802-5709 CROSS STREETS: ORANGE & ESPERANZA CONDO TYPE: beach community 1 bedroom, 1 bath upstairs condominium-style residence (in a 10-condo building) CONDO SIZE: [...] Read more »
International Tower: Iconic Luxury High-Rise Living by the Shore
Address: 700 E. Ocean Blvd., Long Beach, CA 90802 Stories: 30 Units: 204 condos Types of Units: Wide selection, including 1 bedroom, 1 bathrooms; 2 bedrooms, 2 bathrooms; 3 bedrooms and 2 bathrooms Size Range: Approx. 880 sq. ft. to 1,260 sq. ft. Year Built: 1965 HOA Dues: Approx. $635/month Views: Breathtaking panoramic views spanning [...] Read more »
The Meridian at 1400 Ocean Boulevard, Premium Long Beach Condos
Address: 1400 E. Ocean Blvd., Long Beach, CA 90802 Stories: 4 Units: 70 condos Types of Units: 3 bedrooms, 2 baths, varied floor plans Approx. Size Range: 1,293 to 1,800-plus sq. ft. Year Built: 2001 Indoor Amenities: Cathedral 9-foot ceilings accented with crown molding Gourmet kitchens featuring granite countertops and tile floors White European-style cabinets [...] 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 »
Quality Bank-Owned (REO) Los Angeles Home for Sale
For More Photos Click Here Price: $204,900 Call to Schedule a Personal Tour Address: 626 W. 110th St., Los Angeles, CA 90044 Home Type: Single-Family Traditional, Single-story Square Feet: 1,176 Lot Size: 5,002 Year Built: 1925 Rooms: 3 bedrooms, 2 baths Outdoor Extras: Secure fence; located on a very nice street; detached 2-car garage; long [...] Read more »
Lakewood Foreclosure Fixer-Upper For Sale
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 »
The Inside Scoop: How Banks & Mortgage Servicers Are Coping With Foreclosure Explosion
In an effort to stay on top of the latest in the exploding foreclosures market and the ever-adapting mortgage loan servicing industry, I had the benefit of attending the Feb. 17-20Â MBA’s National Mortgage Servicing Conference & Expo in Tampa, Florida. I’m excited to share the crucial insider information I was able to learn and [...] Read more »
Outstanding Bixby Knolls Foreclosure – Coming on the Market!
FORECLOSURE—COMING ON THE MARKET! Call for Pricing and Additional Information CLICK HERE FOR MORE INTERIOR AND EXTERIOR PHOTOS Address: 659 E. Claiborne Drive Long Beach, CA 90807 Home Type: Single-Family Square Feet: 1,662 Lot Size: 6,150 sq. ft. Rooms: 2 bedrooms, 2 baths Year Built: 1941 GREAT NEIGHBORHOOD—Minutes away from great shopping & parks! This [...] Read more »
What a start to 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 [...] Read more »
Huge Lot Long Beach Foreclosure – Not Yet Listed
1806 Silva Avenue, Long Beach, Calif. 90807 PRE-MARKET FORECLOSURE CALL FOR PRICING AND ADDITIONAL INFO. CLICK HERE FOR MORE PHOTOS Type: Single-Family Fixer-Upper Square Feet: 1,354 Lot Size: 7,200 sq. ft. Rooms: 3 bedrooms, 2 baths Year Built: 1942 This huge-lot north Long Beach not-yet-on-the-market foreclosure, situated just east of the Atlantic Avenue business corridor [...] Read more »
Property of the Week: Newly Refurbished Orange County Home – Not On MLS YET
44 Tavella Place, Foothill Ranch, Calif. 92610 Price:Â 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 superb private neighborhood, this completely refurbished [...] Read more »
Do I Have To Be Behind On My To Do A Short Sale?
Probably one of the most common questions that I hear negotiating Short Sales in Los Angeles and Orange County, California is: “Do I have to be behind on my mortgage to do a short sale?” It is a totally logical and fair question. Unfortunately, there is no really clear cut answer. It all depends on [...] 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 »
How to Buy Foreclosure Properties in Los Angeles and Orange County, California
I regularly deal with a number of large asset management companies and lenders who need to sell off their real estate owned property, often referred to as REO property. The word on the street is that most are expecting a 100% increase in the number of properties that are going to foreclosure in the next [...] 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 »
Sara Henninger Gives a Testimonial for Mark Shandrow
[No Auto Start]jQjT-FLcP48[/No Auto Start] I met Sara Henninger when her house in Garden Grove came off the market. It had been on the market with another agent for 6-months-with no offers. We met and decided to relist the home with a new marketing strategy. Her ultimate goal was to move out of Garden Grove [...] Read more »
The Housing and Economic Recovery Act of 2008 is Signed into Law!
Recently, the House and Senate passed broad-based housing legislation, which was signed into law by President Bush this morning. Heralded as the most sweeping housing reform since the “New Dealâ€, it includes the creation of a strong regulator for Fannie Mae and Freddie Mac, changes in conforming and FHA loan limits, a comprehensive modernization plan [...] Read more »
Countrywide Takeover Will Pay Off, B of A’s CEO Says
This is a great article from the Los Angeles Times about the BofA and Countrywide merger. The most interesting point is that the CEO of BofA, Ken Lewis, thinks that the California real estate market has about another 20% drop in the not too future…I would have to agree. This is one of the first [...] Read more »
How Not to Handle a Short Sale Client
Well, last Friday was the first time I actually “lost” control with a client. We have been negotiating a short sale with this one particular client for about 3 weeks making great progress. In fact, it looks like we will be able to get the approval on the short sale today. This is a personal [...] Read more »
Countrywide Short Sales
I learned an interesting fact the other day from a Countywide Loss Mitigation Negotiator. These are the people that we work with when we are negotiating a short sale. This individual said that Countrywide has over 28,000 short sales in process, but only closes about 7% of these. Wow!! You know what that means? Only [...] Read more »
Tom and April Devane Give a Testimonial for Mark Shandrow
[No Auto Start]h7F7wSpvfnQ[/No Auto Start] Tom and April Devane offer a video testimonial for Mark Shandrow of Keller Williams Realty. Tom and April bought a condo in Lakewood in 2006 with my assistance. They were great to work with and had an awesome sense of humor. Best, Mark Shandorw Keller Williams Realty Read more »
New Foreclosure Law in California – SB 1137
As a result of the subprime loan market collapse, numerous bills were introduced this year in the California Legislature, including the recently enacted SB 1137. Within this highly charged political environment, the California Land Title Association (CLTA), along with trustees, escrow companies, and lender groups originally opposed this legislation, which subsequently underwent a series of [...] Read more »
Tom Grounds Gives a Video Testimonial for Mark Shandrow’s Real Estate Sales Abilities
[No Auto Start]2AzOcJrszhI[/No Auto Start] I helped Thomas and Tara Grounds sell their condo and buy another condo in the height of the Holiday season a few years ago. They have both become good friends. Hear what he has to say about my abilities to price a property right in any market. Read more »
Mark Shandrow Discusses Options to a Short Sale in the Long Beach Press-Telegram
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 »
The Shandrow Group’s Client for Life Program
Our clients get the royal treatment, with the Shandrow Group’s Client for Life Program. We provide you with the knowledge, comfort and security that you are receiving the best services possible…tailored to your life, your scheudle, and your needs.Through my involvement with the BNI Chapter Oceans of Opportunity you can rest assured that the vendor’s and [...] Read more »
Glen and Mona Sams Talk About Mark Shandrow’s Ability to Sell Their House In a Down Market
[No Auto Start]ZG2Xw6ADZVc[/No Auto Start] I helped Glen and Mona Sams sell their home in Santa Ana and allow them to move into their retirement home in Murieta, Califrornia. They were able to take advantage of Proposition 13 to move their tax basis from one home to another, saving them thousands of dollars per year [...] Read more »
Huntington Beach, California
Huntington Beach Huntington Beach, where California’s world-famous surf scene was born, is one of the Southland’s safest, most vibrant coastal villages. The Orange County Register recently named “Surf City USA†OC’s number one city to live in, while OC Parenting readers last year ranked it the county’s “best family beach.†Some 195,000 people call Huntington [...] Read more »
Lakewood, California
 Lakewood Welcome signs at the gateways to Lakewood announce the traditional residential community as a place where “times change, values don’t.†Few would disagree. Some 50 years after its first homes were built, Lakewood still reflects the timeless charm and character of the classic mid-century American suburb. Lakewood’s extraordinary physical layout — the smart [...] Read more »
Signal Hill, California
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, Long Beach, California 90807
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 »
Testimonial from Tom Johnson About Mark Shandrow
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 »
Another Short Sale Success In Los Angeles
I just closed a short sale at Tacoma Avenue last month. This is a beautiful property and the buyer is lucky to get. This two story home was sweeping views of the valley was just built in 2006. Everything was brand new. My client, Brian, purchased the property in 2006 for $850,000 with 100% financing. [...] Read more »
