Whats HOT! Super low interest rates = 4.5% on 30 year fixed Low prices on Homes and Investment property First time home buyer programs offering 2% down payment grant plus interest rate near 3/4% below market Short sale time is running out! If you do not complete your short sale prior to the end of… Read More
Important Short Sale Facts
June 15, 2011 By Leave a Comment
Time is running out. It can take a year or more to short sale a home. After 2012, the mortgage debt tax forgiveness act will expire and you will pay the tax on any debt forgiveness. In many cases that can mean $20,000 or more in extra taxes. Fact: Some people sell their homes to… Read More
What is a Short Sale?
June 14, 2011 By Leave a Comment
Until a few years ago, short sales were rarely used. The market was strong and properties were rising in value. With the collapse in the economy, home values have plummeted and home owners have found that they owe more on their home than what it is worth. So quite simply, a short sale occurs when… Read More
Deficiency collection efforts on a second (junior) lien may be prohibited in California for purchase money loans
May 30, 2011 By Leave a Comment
With the proliferation of first and second combination loans during the last real estate boon, new legal questions developed. Clients often ask “Am I subject to deficiency on my second if the junior lien was taken out simultaneously with the first for the purpose of purchasing the home?” That’s a great questions! Typically money… Read More
How will a short sale affect my credit? A real world example! (Part 2)
May 30, 2011 By Leave a Comment
This is definitely one of the top three questions I am asked when interviewing sellers regarding short sales. Obviously there are a lot of factors that go into credit analysis and no 2 people have exactly the same profile. So I want to start with this disclaimer. If one person gets certain results, there is… Read More
Important Update: 5% Commission and on this Spectacular Refinished Pool Home at 38 Rimani Mission Viejo, CA
May 26, 2010 By 12 Comments
$5,ooo Buyers Allowance for Wish List Items! Don’t miss the opportunity of a life time to own this spectacular pool home. Seller has completed so many upgrades. New Landscaping New Stainless Steel Appliances New Paint New travertine tile flooring New Carpeting New Blinds (on order) So So much more Super clean, and move in ready… Read More
Short Sale Clients – Pay your HOA dues to Avoid Complications and Collections!
December 8, 2009 By Leave a Comment
Home owners associations have become very aggressive in trying to collect past due HOA dues. The high delinquency rate has pushed HOA’s to the brink of bankruptcy. Many short sale clients are finding that after a period of time the hoa is filling in small claims court and passing the account on to collection… Read More
How will a Short Sale Affect My Credit?
October 19, 2009 By Leave a Comment
What a great question! If you have been thinking this, you are not alone. A good thing about short sale is that it represents the opportunity to lift the heavy burden of carrying an overpriced home off of your shoulders and a chance to start fresh. But the one thing short sale sellers want to… Read More
The Short Sale Authority – FAQ’s
September 15, 2009 By Leave a Comment
In the last 3 years, short sales have become the predominant type of sale in Orange County, CA. It is estimated that over 60% of all home sales are short sales. As an independent agent, they make up the majority of our work. We specialize in short sales and handle each and every shorts sale… Read More
Ocean Close Vacation Condo for Sale – Dana Point, CA
August 30, 2009 By Leave a Comment
This is a terrific opportunity to own a remodeled vacation condo next to the 5 star St. Regis hotel. The property is currently grossing over $40k per year and the owner is a vacation rental expert. She has replaced all of the windows and remodeled the until with a brand new kitchen and baths. It… Read More
