Tag Archives: luxury REO

Los Angeles Leads the Nation in Mortgage Fraud

Peter Hong of LA Land recently posted on an FBI report that Los Angeles leads the nation in mortgage fraud – and not by a small margin either: The Los Angeles field office received 9,971 “suspicious activity reports” in 2008; second-place … Continue reading

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Get Ready for Late Summer Deals on Short Sale Homes

A recent article by Don Lee in the LA Times titled Another wave of foreclosures is poised to strike highlights the wave of foreclosures that is likely to start breaking onshore by late summer.  He cites that the most of … Continue reading

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What Does the Moratorium Mean for Orange County?

The OC Register asks, “Will the moratorium ending impact south coastal O.C. in any way?” The 90-Day Moratorium was pushed into law by the state of California to help slow the flood of foreclosures hitting the market and encourage lenders to work … Continue reading

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Short Sales No Longer on Shaky Terms

We reported it here first folks, short sales will work if you have the right agent and the right paperwork in place. Now, the OC Register is switching its once gloomy short sale song for brighter notes, one savvy OC realtor, said of … Continue reading

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Incoming Foreclosures Delayed

 Not so fast California!  Lenders are trying to buy more time by delaying foreclosures. But the inevitable will happen and the backlog will eventually hit the market, check out these handy stats from the L.A. Land blog by the L.A. … Continue reading

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Tempting Talega on the Short Sale Slate

Talega is a newish master community down in San Clemente, described as “situated on 3,500 acres just up the hill from the Pacific Ocean, offers a classic beachtown lifestyle perfect for families.” Another reason it’s perfect for families?  Almost 43% of Talega’s … Continue reading

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Local Celebrity Should Consider a Short Sale

You may recognize her from around town or you may recognize Jeana Keough from Bravo’s hit TV show “The Real Housewives of Orange County.” The New York Post’s gossip blog is spilling secrets; according to them she has four homes in Coto … Continue reading

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