Category Archives: Short sale tips

Short Sale Deadlines and Pressured Escrows From Now Until End of 2012

If your home has mortgage debt and liens larger than the property value, you are underwater.  An if you are underwater on your home mortgage, now is the time for you to take action and do a short sale. U.S. Mortgage Debt Forgiveness Act of 2007 – tax … Continue reading

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Costa Mesa Top Short Sale Picks at Costa Mesa CA Real Estate

   Costa Mesa CA real estate is being tested with more distressed properties on the market.  Costa Mesa has 64 short sales listed as of today, September 4, 2011 ~ which is 29.4 percent of the market of all 216 for sale Costa … Continue reading

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Distressed Orange County CA Home and Real Estate Owners Need Service and Help

  We like helping people ~ including Orange County CA distressed home and property owners ~ that they would have complete information and know about alternatives to AVOID FORECLOSURE. Distressed owners should have information and help with choices and alternatives, so they can work out strategy to … Continue reading

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Back to Bank Properties After Trustee Auctions at Lake Forest CA Real Estate

Distressed home or property owners should always want to AVOID FORECLOSURE and try a SHORT SALE before it’s too late and lost.  8 LAKE FOREST PROPERTIES went back to banks after FORECLOSURE and trustee auctions during the past 30 days. 22105 Pheasant ~ … Continue reading

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Irvine CA Short Sale Properties Update

  Irvine CA has some excellent short sale homes and properties now listed for sale, and they are popular with buyers.         Shady Canyon at Irvine home ~ $3,775,000 ~ 5 bedrooms and 7 baths ~ MLS #U10003777 ~ IDX … Continue reading

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Deed-in-Lieu as Foreclosure Avoidance ~ Property Owners Should be Very Careful

  Owner foreclosure alternatives such as SHORT SALE with incentives are out there ~ HAFA,  California TAP, and Bank of America Cooperative.  A DEED-IN-LIEU of foreclosure is not such a good opportunity (in this writer’s opinion) for a borrower/mortgagor/homeowner to transfer all interest in … Continue reading

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Short Sale Offers Should be Made Uncomplicated for Lenders

TOP REASON that Short Sale offers should be uncomplicated for lender/lienholders: Lender/lienholders are decision makers on short sales and like to see uncomplicated and easy to approve contracts.   California has rules and forms for REALTORs® and real estate professionals to use for SHORT SALE transactions, … Continue reading

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Irvine CA Home Values and Sales – June 2011

Irvine, California, home selling market has been solid if not a bit bumpy during the first five months of this year. Irvine has 838 homes now listed for sale, and average list asking price is $842,937. 413 of those Irvine … Continue reading

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Short Sale Issue of Costs to be Paid at Closing

  Short sale buyers should know or get information about the possibility that seller’s lender/lienholder might not agree to pay for all costs at closing.   Some of these costs at short sale closing might otherwise be the seller obligation (like title insurance, … Continue reading

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Best Avoid Foreclosure Option at Orange County Real Estate

  If you’re facing foreclosure, you’re probably upset and don’t know what to expect.  You have questions about foreclosure and how long will it take before the lender finishes that process and kicks us out of the place.  You wonder whether you will … Continue reading

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