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 »

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 »

Southern California Home Prices Plummet as Foreclosures Rise

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 »

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. 17-20  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 »

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 »

Obama’s Stimulus Package: What About Homeowners?

President Obama’s $825 billion proposed stimulus package may not put so much as a dent into the subprime mortgage crisis, but it might provide some relief for first-time homebuyers. How? In the form of a new and improved $7,500 tax credit. As the law stands now, homebuyers have to pay the first-time buyer credit back [...] Read more »

Top Five Benefits of Buying Foreclosures

Whatever your real estate goals are, investing in a bargain-priced foreclosure packs enormous potential for profit. With historically high supply and record low prices, there’s never been a better time to buy one. Here’s why: 1. Dramatically reduced purchase prices. Bank-owned foreclosures (and pre-foreclosures) cost radically less from the outset, typically deeply below their market [...] Read more »

Property of the Week: Newly Refurbished Orange County Home – Not On MLS YET

44 Tavella Place, Foothill Ranch, Calif. 92610 Price:  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 »