Los Angeles, CA – Just in, Governor Brown, signed into law today, SB458. This law will be written in the California Civil Code Procedures under CA CCP Section 580(e).

 

Get my Free, Step By Step Loan Modification Guide by clicking here.

 

What this law states is that if a homeowner does a short sale, where…

Continue

Los Angeles CA – I recently received an e-mail from another real estate agent. They were asking for our advice on a short sale.

They accused a large, national lender (one of the 4 largest in America) of lying to Fannie Mae. Fannie Mae is almost a subsidiary of the Federal Government

 …

Continue

 

Los Angeles California Real Estate | Short Sale Specialist | Short Sales in Los Angeles | Short Sale Los Angeles| Los Angeles Loan Modification:

 

I have a Realtor friend that works out of Pasadena California that recently was fired by her seller because of this letter. Chase told the…

Continue

Los Angeles Short Sale Specialist | Los Angeles Short Sale | When to short sale in Los Angeles | Los Angeles Short Sale Taxes | Why Short Sale in Los Angeles | Los Angeles Short Sale Requirements | Los Angeles Short Sale Guidelines | How does short sale work in Los Angeles | Los Angeles Mortgage Short Sale

 

 

Los Angeles CA –Wall Street Fat Cats say…

Continue

Los Angeles Short Sale Specialist | Los Angeles Short Sale | When to short sale in Los Angeles | Los Angeles Short Sale Taxes | Why Short Sale in Los Angeles | Los Angeles Short Sale Requirements | Los Angeles Short Sale Guidelines | How does short sale work in Los Angeles | Los Angeles Mortgage Short Sale

 

Helping Homeowners…

Continue

I just want to say hello to my fellow Short Sale Super Stars. I have been reading, absorbing and taking in all the amazing content this site provides. I love this new media movement we have at our disposal allowing us to build communities of like minded people and avoid the middle men of the old years…

Continue

Helping Homeowners avoid foreclosure! I provided FREE California Loan Modification Help and Short Sale Assistance for distressed homeowners!

 

Los Angeles, CA – I’ve seen lots of creditors/collection company's use illegal debt collection techniques and…

Continue

Investors often tell me that they own a home, tenants left or are not paying their rent, and the property is not cash flowing (mortgage is more than the rental income). What is an investor to do? Most tell me that they have put in too much money to let the house go via short sale or foreclosure. Without knowing the actual financials of a situation, it is worth considering whether the time value of money makes a short sale a better option than holding on until the market recovers. To illustrate,… Continue

 

 

 

Glendale, CA Real Estate – I see a lot of agents making mistakes on short sales property valuation. Lenders hire a supposedly impartial third party to value the property.

 

Many of these people are…

Continue

Foreclosure vs. Short Sale: Which Option is Best For My Credit Score?

As someone who deals with homeowners facing foreclosure on a daily basis, I am often asked whether a short sale or foreclosure results in more damage to your credit. Unfortunately, there is no straight- forward answer. The reason why this is such a…

Continue

 

Glendale, CA Real Estate – I recently received a short sale question from a client of mine, Julia. Here’s Julia’s question.

 

“We have American Home Mortgage Servicing, a loan processor for a Mortgage held by Deutche Bank, adding a 1% “processing fee” that ONLY the buyer can pay at…

Continue

 

 

Los Angeles, CA – Sometimes it seems like short sales are tough. “Don’t try to short sale your house. Short Sales never go thru”, people tell…

Continue

 

Los Angeles Short Sales – I have a good story today about another bank…

Continue

 

 

Glendale, CA Real Estate – Glendale CA – Here is a question that I just recieved. “I am in the middle of a very long negotiation with…

Continue

 

Glendale, California Real Estate | Short Sale Specialist | Short Sales | California Free Loan Modifications – People often wonder why their lender will release their debt in a short sale. Most lenders don’t like to release the debt. But, they agree to do it because they know that policy nets them more money.

 

They net more because a home usually sells for more money as a short sale versus after it has been foreclosed upon. Let’s go thru a few examples.

 …

Continue

Stimulus. . .Coming to an end. The experts are saying, the shrinkage of government will represent a major drag upon the econ omy during the next few years. This follows a period in which we experienced major economic stimulus from…

Continue

Brentwood Governors Club Seeing More Distress Sales

Well Known Gated Brentwood Tennessee Neighborhood Experiencing Increased Short Sale and Foreclosure Activity

Per my previous blog posts, Financial Distress…

Continue

FHA Insured Mortgage Foreclosure Help

How to Stop Foreclosure If You Have an FHA Insured Mortgage Loan

FHA Insured Mortgage Loan Short Sales (HUD Pre-Foreclosure Sales Program)

Missing a mortgage payment (i.e. defaulting on your mortgage loan) creates a lot of personal and financial stress. This stress is even worse if the financially distressed homeowner and borrower receives a foreclosure notice, Notice of Default, or Notice of Trustee's Sale (or…

Continue

Financial Distress Hitting Affluent Towns and Neighborhoods

Per my previous blog posts, Brentwood Distressed Sales Activity Increasing and…

Continue

 

Glendale, CA Real Estate – Jennifer Escobar a Realtor at Qwest Real Estate recently received a question from Luis.…

Continue