Compton Bank-Owned Fixer-Upper for Bargain Price

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 »

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 »

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 »

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 »

Gov. Schwarzenegger’s Foreclosure Moratorium Explained

Gov. Arnold Schwarzenegger signed a 90-day moratorium on California home foreclosures (legislation SB2X-7 and AB2X-7) amid criticism that the law likely won’t put a dent in the skyrocketing pace of repossessions. Here’s what you need to know: The bill, as part of the state’s recent budget deal, safeguards owner-occupied residences that had first loans on [...] 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 »

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 »

Foreclosure Inventory Skyrockets, Home Prices Hit Historic Low

Here’s a quick, informative slice of what’s happening in the booming buyer’s market this week: 1. Foreclosures are at an all-time high nationwide. The number of foreclosures skyrocketed last year to an all-time high of 2.3 million, further deflating home prices at the fastest pace we’ve seen yet. According to Bloomberg reports out today, foreclosures [...] Read more »