Tag Archives: REO

Can a Short Sale be Your Snorkel?

Posted on May 16, 2009 by Minda Reves

Zillow.com has some disheartening news to share, “In California, 32% percent of homes are worth less than what’s owed on them… Nationally, 22% of all homes are underwater…” And just in case you can’t take a company with a fluffy name seriously, … Continue reading →

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Breaking the Bank: Paving the Way for Shorter Short Sales

Posted on May 15, 2009 by Minda Reves

Real Estate agents, homeowners, buyers and communities across the nation just can’t make sense of it, if a short sale is more beneficial to everyone involved, including the banks, then why are foreclosures more prevalent in the marketplace? Trust me, the banks aren’t … Continue reading →

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Down and Out in Beverly Hills… and Other Nice Areas Too

Posted on May 14, 2009 by Jim Malmberg

Think you can’t afford to buy in Beverly Hills, you may want to think again. There are some bargains in the MLS. And if you’re OK with a Beverly Hills PO within the City of Los Angeles, there are even more bargains available to you.
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Is Victoria Gotti Up for a Short Sale?

Posted on May 13, 2009 by Nicola Nakase

This is a Gotti awful mess.  The mafia princess, Victoria Gotti will need to downsize from her palatial 6-acre spread in Long Island.  According to the NY Post, the Brooklyn Appellate Court has ruled against Gotti to begin foreclosure protocol … Continue reading →

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