Tag Archives: Orange County 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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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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REO Sellers of Homes Required to Provide Written Disclosures to Buyers

REO buyers of homes in California should make sure that REO lender/sellers provide all disclosures that are required by law. REO lender/sellers in California are in some situations exempt from property disclosures to buyers based upon theory that they are … Continue reading

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Orange County CA Home Buying Trends ~ August 2011

  Buyer demand for Orange County CA homes is changing with the market adjusting to new normal of after government tax incentives for home buyers (tax incentives ended last year). Active listings of Orange County CA homes for sale inventory was down this … Continue reading

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Top Reasons to Invest in Orange County CA Rental Properties

    Top reasons that now could be a good time to buy Orange County residential rental properties: 1.  Good prices for buyers  2.  Fewer home buyers and more renters are in the market these days.  3.  Rents have gone up and are expected … 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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