Tag Archives: Short sale selling

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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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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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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What Laguna Beach CA Real Estate Sellers Can Expect 2012

LAGUNA BEACH California is an amazing beach oriented city tucked among the Pacific ocean sands and rocks at South Orange County, CA – also located in the bluffs and hills with emerald blue waters and spectacular Catalina island views.  Laguna Beach … 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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Short Sale Trends at Laguna Beach CA Real Estate

  Laguna Beach is an Orange County and Southern California most spectacular beach and Pacific ocean-oriented community.   Laguna Beach now has 27 short sale home listings and average asking price for these properties is $1,542,544.     South Laguna Beach home located … Continue reading

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Orange County CA Property Owners Should Avoid Foreclosure Through Short Sales

  Lenders/Banks are in the business of lending money and usually don’t want to own and manage residential real estate.  When a lender/bank takes a property back through foreclosure, it’s a lengthy and expensive process (banks lose money) and results in lender/bankers … 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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