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Category Archives: Mortgage Principal Reductions
Faster Short Sales? It’s Possible!
Former Wachovia & World Savings Loans Faster Short Sale Program!! Thinking of doing a short sale? Was your original mortgage with World Savings or Wachovia? … Continue reading
28,000 Orange County Homeowners Are No Longer Underwater
28,000 Orange County Homeowners Are No Longer Underwater By Jeff Collins of the Orange County Register, March 19th, 2013 “Rising home values pushed nearly 28,000 Orange County homeowners “above water” last year, meaning their homes no longer are worth less … Continue reading
Posted in Bob Phillips, California real estate, CDPE ( Certified Distressed Property Expert.), Distressed properties, Foreclosures, Home Selling, Home Values, Loan modifications, Mortgage Principal Reductions, Mortgage Rates, Orange County California real estate, Refinance, Short sales
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Boomerang buyers making a comeback
Boomerang buyers making a comeback By JEFF COLLINS / ORANGE COUNTY REGISTER Andreea Stucker thought she made a good investment when she bought a Huntington Beach condo with her boyfriend in December 2005. But then she and her boyfriend split up. … Continue reading
Posted in California real estate, CDPE ( Certified Distressed Property Expert.), Distressed properties, Foreclosures, Home buying, Home Selling, Loan modifications, Mortgage Principal Reductions, Orange County California real estate, Refinance, Short sales, South Orange County California
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Why some homeowners are turning down free money
Why some homeowners are turning down free money By Becky Quick of Fortune Magazine, February 15, 2013 Borrowers who are still smarting from the mortgage crisis are passing up some real deals and missing out on real cash. American homeowners … Continue reading
Mortgage Debt Forgiveness Act Extended for 1 Year!
“Mortgage Debt Forgiveness Act Extended for 1 Year! JANUARY 1ST, 2013 BY SCOTT SCHANG of Broadview Mortgage TOPICS: HOME MORTGAGE NEWS January 1st, 2013: Senate overwhelmingly passed H.R. 8 with the House approving it less than 24 hours later by a much lower … Continue reading
Is the Strain of Foreclosure Crushing You? You have options!
A lot has changed since you bought your home. If you or someone you know are among the thousands of homeowners who are falling further behind every month because of an unmanageable mortgage payment, then that weight may feel unbearable. … Continue reading
California leading U.S. out of housing bust it started
By DAN LEVY AND HEATHER PERLBERG, BLOOMBERG NEWS, October 14, 2012 California, the state that led the nation into the housing boom and bust with some of the most reckless subprime mortgage lending, is now leading the way out. A plunge … Continue reading
Obama Administration Releases September Housing Scorecard
WASHINGTON- The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today released the September edition of the Obama Administration’s Housing Scorecard – a comprehensive report on the nation’s housing market. Data continue to show signs … Continue reading
Rising home prices lift 1.3 million out from underwater
Rising home values helped 1.3 million homeowners get out from “underwater” in the first half of the year, and another 2 million would get equity if national home prices increase by another 5 percent, data aggregator CoreLogic said today. CoreLogic estimates that … Continue reading
Orange County California’s troubled mortgages cut by 24%
From today’s Orange County Register, by Jon Lansner: Orange County’s 90-day mortgage delinquency rate — an early warning sign of borrowers’ financial troubles — is 23% better than California’s woes and 31% lower than national patterns, by one industry estimate. … Continue reading