California’s 90-day foreclosure moratorium starts, sort of

Written by on June 17, 2009 · Leave a Comment

This is a great post from Mathew Padilla of OCRegister.com discussing the new foreclosure moratorium in California. A state law halting home foreclosures for 90 days begins today, but companies can earn an exemption by showing they are already busy modifying loans. The California Foreclosure Prevention Act, or Assembly Bill X2 7, which Governor Arnold more » Read more »

Short Sales 101: What’s All the Buzz About?

Written by on March 12, 2009 · 1 Comment

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, more » Read more »

Top 5 Benefits of Buying a Bank-Owned Home

Written by on March 5, 2009 · 1 Comment

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 more » Read more »

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

Written by on February 28, 2009 · 1 Comment

Here’s 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 Affordability more » Read more »

This Week’s Top Properties: 3 Great Value Southern California Foreclosures

Written by on February 24, 2009 · Leave a Comment

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, more » Read more »

Just Listed Foreclosure For Sale: Newly Remodeled Bixby Knolls Gem

Written by on February 23, 2009 · Leave a Comment

Price $345,000 Schedule a Personal Tour CLICK HERE FOR MORE INTERIOR AND EXTERIOR PHOTOS Address: 1812 E. Silva St., Long Beach, CA 90807 Home Type: Single-Family Square Feet: 1,566 Lot Size: 7,200 sq. ft. Rooms: 3 bedrooms, 2 baths Year Built: 1942 EXTRAS: Detached 2-car garage; private entrance to the master bedroom; newly refurbished bathrooms more » Read more »

Outstanding Bixby Knolls Foreclosure – Coming on the Market!

Written by on February 14, 2009 · 2 Comments

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 more » Read more »

New Foreclosure Law California SB 1137: Relief … Or Not?

Written by on January 26, 2009 · Leave a Comment

New foreclosure law California SB 1137—Was it a case of too little, too late? The thousands of Los Angeles and Orange County homeowners still on the brink of defaulting on their loans likely think so. California’s record-breaking, seemingly endless spike in foreclosures has left many frustrated with SB 1137, a supposed piece of “foreclosure relief” more » Read more »

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