Category Archives: Short sales

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

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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

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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 | Leave a comment

The time to sell is a waiting game for some

The time to sell is a waiting game for some By Megan Hopkins, of HousingNews.com  • March 21, 2013 “Real estate is always a game of knowing when to make your move. With that in mind, industry experts suggest move-up … Continue reading

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Posted in Bob Phillips, California real estate, Existing Home Sales, Home buying, Home Leasing, Home Renting, Home Selling, Housing Analysis, Mortgage Rates, Real Estate Tips, Short sales, South Orange County California | Leave a comment

Home Buyers Are Back, but Where Are the Houses?

Home Buyers Are Back, but Where Are the Houses? By CNBC’s Diana Olick ( Full article:  http://www.cnbc.com/id/100512238 ) “The first official day of Spring may still be 20 days away, but the Spring housing market is already underway. Buyer traffic is rising … Continue reading

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Posted in Bob Phillips, California real estate, Existing Home Sales, Home buying, Home Selling, Home Values, Mortgage Rates, Orange County California real estate, Pending Home Sales, Real Estate Trends, Short sales, South Orange County California | Leave a comment

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

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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 | Leave a comment

3 Common Myths About Real Estate Short Sales

Many people don’t have a clear understanding of the purpose of short sales or how they actually work. Continue reading

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Foreclosures Prevented with 850K Mods, 422K Short Sales in 2012

Foreclosures Prevented with 850K Mods, 422K Short Sales in 2012 From Esther Cho, of DSNews.com, 2/11/2013 For all of 2012, servicers completed more than 850,000 loan modifications, while the industry also continued to push for another foreclosure alternative—short sales, according … Continue reading

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Posted in California real estate, CDPE ( Certified Distressed Property Expert.), Distressed properties, Foreclosures, Home Selling, Loan modifications, Orange County California real estate, REOs ( Bank owned properties.), Short sales | Leave a comment

Getting a Mortgage After a Short Sale

Getting a Mortgage After a Short Sale Colin Robertson February 6, 2013  from theTruthAboutMortgage.com Over the past several years, scores of homeowners have elected to ditch their unmanageable mortgages via short sales to avoid foreclosure. In fact, it’s estimated that roughly 370,000 short sales closed … Continue reading

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CoreLogic: National foreclosure inventory falls 19.5%

CoreLogic: National foreclosure inventory falls 19.5% By Kerri Ann Panchuk, HousingWire.com,  • February 1, 2013 The pace of foreclosure activity continued to decline at the end of 2012, pushing the nation’s foreclosure inventory down 19.5% from a year earlier, according to a new … Continue reading

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Posted in Bob Phillips, California real estate, CDPE ( Certified Distressed Property Expert.), Distressed properties, Existing Home Sales, Foreclosures, Home Values, Orange County California real estate, Short sales | Leave a comment

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

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