Tag Archives: Orange County short sales

3 Ways to Buy an Orange County CA Foreclosure Property

3 DIFFERENT WAYS TO BUY A FORECLOSURE AT ORANGE COUNTY CA REAL ESTATE: 1. PRE-FORECLOSURE “SHORT SALE” When an Orange County CA property loan is in arrears for 30 days or more, lenders usually start the California non-judicial foreclosure process with filing … Continue reading

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Top Things for Underwater Homeowners to Consider When Their Equity is Gone

Some home owners have recently seen their equity disappear from decreased value – and some completely wiped out (where loan and lien amounts are more than property value). Here are top things for underwater home owners to consider: 1.   Don’t wait too long. Rebound … Continue reading

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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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Fast Buyers Now Dominate Orange County CA Home Selling Market

Orange County CA home selling stays hot with fast buyers climbing over each other at market to find a good deal. This buyer excitement creates lots of competition for foreclosures and popular properties priced at under $750k. Orange County has only 14 days of … Continue reading

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Homes for Sale Listing Inventory Down at Orange County CA Real Estate

Listing inventory of homes for sale at ORANGE COUNTY CA REAL ESTATE has dropped to lowest number since June 2005. Orange County CA now have current active listing inventory of 5,883 – according to CRMLS. Highest point was June 2011 – when Orange County had 11,388 homes for … Continue reading

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Short Sales are Reality at Irvine CA Real Estate

Short Sales – not always the best or satisfying situation for sellers – and lots of challenges for prospective buyers – are nevertheless a reality and important part of Irvine CA real estate.131 Irvine CA short sales have sold with closed escrows so far this year … Continue reading

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OC Home Buyer Demand Gets More Solid – Orange County CA Real Estate

Buyer demand is solid at Orange County CA real estate – and it should inspire seller confidence. Realtors and brokers resold 2,576 Orange County CA homes last month during March 2012 – with average sold price of $511,908. That’s sold … Continue reading

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Strategy for Your Orange County CA Real Estate Short Sale Success

Issues are sometimes overlooked and trip up short sale sellers at Orange County CA real estate. These and lender requirements for properties should be reviewed carefully at the start of the process, so short sellers don’t get surprised with negative lender response … Continue reading

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Fannie Mae and Freddie Mac Loan Lookup Tools

  If you are a home or property owner considering doing a REAL ESTATE SHORT SALE, you should know in advance who owns the loan.  This information would help you consider a SHORT SALE ~ whether you can possibly AVOID FORECLOSURE  ~ and whether … Continue reading

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Orange County CA Home Buyers Still Like Incredibly Low Mortgage Rates

  Orange County CA home buyers aren’t bored with incredibly low mortgage rates and continue to be happy about their opportunities.  The average rate on a 15-year fixed mortgage conforming loan has fallen to 3.25 percent (loan up to $417k with … Continue reading

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