RECENT BLOG POSTS
REALTY ONE GROUP - Taking Irvine's Real Estate Market by Storm "100% commission split for a nominal $200-per-transaction fee" As one of the nation's fastest-growing real estate brokerages, Realty ONE Group is making significant strides within the western United States. The independently-owned ...
12/02/2010
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DOCUMENTS NEEDED FOR A SHORT SALE http://www.discovershortsale.com/Short-Selling-Your-Home/Documents-For-A-Short-Sale Purchase and Sales Agreement. This document is evidence that, under a certain set of conditions, the owner is willing to transfer ownership of the property to the buyer. Of this...
12/02/2010
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In a short sale, the Lender(s) agrees to discount a loan balance because of an economic or financial hardship on the part of the borrower. The home owner/debtor sells the mortgaged property for less than the outstanding balance of the loan, and turns over the proceeds of the sale to the lende...
11/29/2010
YOU HAVE A RIGHT TO KNOW YOUR OPTIONS Option 1: Loan Forbearance or Modification A strategy worth pursuing is called a loan forbearance. The loss mitigation department of your mortgage company may make arrangements with you to pay some of the back payments now and the balance within a certain t...
11/28/2010
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If so, you are certainly not alone. Hundreds of thousands of other Californian's are in that leaky boat with you and the truth is - there's no easy way out. But you do have choices, and you should take a look at all of them before deciding what to do. You can: File bankruptcy Let the bank forec...
11/26/2010