Some Valuable Information About Loan Modifications As A Short Sale Alternative
Wednesday, July 27
Today, let’s discuss loan modifications. If you are struggling to pay your mortgage or need to reduce your debt, I’m sure one of the options you are taking into account is trying to get your existing mortgage loan modified. Of course, there are good programs out here in Santa Monica for modifyin...
Weekly Santa Monica Real Estate Market Update – July 15, 2011 to July 22, 2011
Monday, July 25
Santa Monica Real Estate - Single Family Homes: Active Listings: 104* Short Sales - 9* Bank Owned/REO - 2 Of the 104 active Santa Monica homes for sale, 35 had their List Price decreased, and 2 actually increased in list price.Current Pending Sales: 35* Short Sales - 6* Bank Owned/REO - 0Total Sa...
How Your Home Will Be Valued While Completing A Short Sale
Friday, July 22
Today I want to talk about what you should expect when working with your bank on a short sale. One of the most common questions I usually get when speaking with potential clients is always about how much money the bank will want; or if the bank will accept the difference between what their home...
Easing The Burden of a Short Sale With The Help of The HAFA Program
Wednesday, July 20
Most of the time, when people talk to you about short sales, you hear that the homeowner cannot walk away from closing with any money in their pocket. That is somewhat true in most short sales. However, there is a short sale program developed by the federal government called a HAFA short sale, wh...
Important Information Regarding the Expiration of Conforming Loan Limits
Friday, July 15
If you want to buy real estate in Westside Los Angeles or Santa Monica any time soon, keep a close eye on your calendar. Starting October 1, 2011, the temporary conforming loan limit of $729,750 will expire· Many lenders are requiring ALL loan applications with loan amounts between $625,000 ...
Weekly Santa Monica Real Estate Market Update – July 3, 2011 to July 10, 2011
Wednesday, July 13
Santa Monica Real Estate - Single Family Homes:Active Listings: 99* Short Sales - 7* Bank Owned/REO - 2 Of the 99 active Santa Monica homes for sale, 30 had their List Price decreased, and 3 actually increased in list price.Current Pending Sal...