Tag Archives: short sale listings

Short Sales No Longer on Shaky Terms

Posted on June 26, 2009 by Minda Reves

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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Tempting Talega on the Short Sale Slate

Posted on June 17, 2009 by Minda Reves

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

Posted on June 16, 2009 by Minda Reves

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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California at the Forefront of Foreclosures

Posted on June 12, 2009 by Minda Reves

Just read this little nugget over at CNNMoney.com, “The foreclosure problem is widespread but reaches plague proportions in 10 states; those hardest-hit areas account for 77% of all foreclosure filings. California had more than any other state with 92,249 – nearly 29% of … Continue reading →

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Realtors Are On Our Side

Posted on June 9, 2009 by Minda Reves

Last Thursday the California Association of Realtors met in Sacramento, CA. CAR Executive Vice President, Joel Singer, rallied his downtrodden troops, “In a sense, what has occurred is probably in our best interest.” The California house price median drop from nearly $600,000 to … Continue reading →

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Will Future Loan Mod Defaults Increase Short Sale Supply?

Posted on June 5, 2009 by ShortSense

A new study by Fitch Ratings predicts that 55-65% of home loans getting modified will end up at least 60 days behind within a year. The percentage is even higher for those in subprimes with 60-day delinquencies predicted at 65-75%, reports … Continue reading →

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No Need to Live ‘House Poor’ to Land a Luxury Property in the OC

Posted on June 3, 2009 by Minda Reves

Yesterday’s news that first-time homebuyers can take immediate advantage of the $8,000 HUD tax credit for use towards their down payment and closing costs may have you eager to join other SoCal residents in getting more house for their money by entering … Continue reading →

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Hip, Hip, HUDray! Use That $8K Today

Posted on June 2, 2009 by Minda Reves

So, you’ve probably heard about the $8,000 tax credit available to first-time homebuyers. Well, the real drag about this offer was that buyers had to wait until tax refund time to see that eight grand and didn’t get it right away to … Continue reading →

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Almost 1-in-2 of All New Neighbors Bought a Bargain!

Posted on May 28, 2009 by Minda Reves

The Wall Street Journal had this interesting factoid in its latest article on home sales, “About 45% of the 4.68 million in April sales were foreclosures and short sales.” So, that means if any families recent moved onto your street, the odds are … Continue reading →

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Short Sale and Foreclosure “Homes Almost 20% Cheaper”

Posted on May 26, 2009 by Minda Reves

The reports are in and CNNMoney.com has this to say about the first quarter of 2009’s housing market, “the S&P/Case-Shiller National Home Price index, a bellwether of real-estate market direction, plunged a record 19.1% during the quarter compared with the first three months … Continue reading →

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