Category Archives: Short sales

Costa Mesa CA Short Sale Properties Find Lots of Buyers

Costa Mesa CA properties continue to be in high demand for buyers. Costa Mesa now has good SHORT SALE properties listed on the MLS – with average asking price of $542,980. See East Costa Mesa short sale listings – click … Continue reading

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Important Questions for Property Owners Who Are Short Selling

Home owners who are short selling should be asked some important questions: 1.  Is your property already in active foreclosure?  Active foreclosures can be determined by search of public records. 2.  Do you have other debt?  High debt-to-income ratio will probably prevent … 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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Corona del Mar CA Short Sale Property Listings Update

Corona del Mar at Orange County has some real opportunity short sale homes now listed.       Corona del Mar classic village home ~ $2,100,000 ~ 4 bedrooms and 4 baths ~  MLS #S659909 ~ IDX link               … Continue reading

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Laguna Beach REO Bank Owned Homes for Sale After Foreclosure

Laguna Beach CA has some of the most extraordinary homes in Southern California, many with blue water Pacific ocean views.  Laguna Beach is like other OC cities and has some bank owned homes now listed for sale after foreclosure.      … 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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