Category Archives: Short Sales

Short Sale Requests Won’t Stop the California Non-Judicial Foreclosure Process

Some homeowners with mortgages are underwater here at Orange County CA and are considering possible short sale – or doing a strategic default and walking away. New California foreclosure laws informally named the “Homeowner Bill of Rights” went into effect on January 1, … Continue reading

Posted in Avoid foreclosure, foreclosures, Short Sales | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

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

Posted in Orange County home values, Orange County homes, Orange County short sales, Short Sales | Tagged , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

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

Posted in Irvine home sales, Irvine home values, Short Sales | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

Tustin Ranch Short Sales at Tustin CA Real Estate ~ Investor Opportunities

TUSTIN RANCH CA ~ SHORT SALES and investor opportunities at Tustin CA real estate.       Emerson home ~ Tustin Ranch short sale ~ $2,020,000 ~ 5 bedrooms and 5 baths ~ MLS# S661163 ~ idx link           Tustin Ranch CA … Continue reading

Posted in Live at Orange County, Orange County short sales, Short Sales, South OC homes, Tustin Ranch CA | Tagged , , , , , , , , , , | Leave a comment

Short Sales to Avoid Foreclosure at Irvine CA Real Estate

  Distressed properties and Short Sales at Irvine CA Real Estate … … are an important part of the housing market at this thriving and busy Irvine community.  Property owners need short sales where they have financial challenges, are no … Continue reading

Posted in Avoid foreclosure, Explore Real Estate, Irvine home sales, Irvine home values, Irvine homes, Irvine live, Irvine real estate, Short Sales | Tagged , , , , , , , , , , , , , | Leave a comment

Live at Newport Beach ~ Real Estate Sales Market Update for June 2011

  Newport Beach is one of the truly glamorous ocean and beach-oriented cities in Southern California.  Newport Beach real estate had sales in June 2011 that were similar to last year June 2010. Newport had 75 homes sold in June 2011 as … Continue reading

Posted in Avoid foreclosure, Corona del Mar CA, Explore Real Estate, Newport Beach CA, Newport Beach real estate, Short Sales | Tagged , , , , , , , , , | Leave a comment

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

Posted in Avoid foreclosure, Irvine home sales, Irvine home values, Irvine homes, Irvine live, Irvine real estate, Orange County home values, Short Sales | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

Short Sale Sellers ~ Good News that California SB-458 Signed Into Law

  The CALIFORNIA ASSOCIATION OF REALTORS® sponsored CA Senate Bill 458 and is pleased that Governor Brown signed it into law on July 15, 2011.   California SB-458 extends the protections of SB 931 (2010), to ensure that any lender that agrees to a short sale must accept … Continue reading

Posted in Avoid foreclosure, Irvine home sales, Irvine home values, Irvine homes, Irvine live, Irvine real estate, Short Sales | Tagged , , , , , , , , , | Leave a comment

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

Posted in Avoid foreclosure, economics of buying real estate, Explore Real Estate, foreclosures, Live at Orange County, OC home value guide, Orange County CA, Short Sales | Tagged , , , , , , , , , , , , , , , | Leave a comment

Real Estate Short Sellers With Incentive Programs in California

  U.S. government and other seller incentive and assistance programs are available involving SHORT SALES in California. The U.S. government HAFA short sale incentive program would allow payment up to $3,000 to sellers at closing for relocation assistance. The California Housing and Community development … Continue reading

Posted in Orange County CA, Short Sales, South OC homes, South Orange County | Tagged , , , , , , , , , , | Leave a comment