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Orange County Short Sales are Rewarding, Stressful, Time Consuming, Necessary

March 13, 2013 by Christine
Christine
Short Sales are Rewarding, Stressful, Time Consuming, Necessary      What are Short Sales? Orange County short sales (selling a home with the lender's consent for less money than is owed on the mortgage) have been front and center of the real estate melt down for years now.    Some would argue…
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Bank of America Clarifies Listing MLS Requirements for Short Sales

February 14, 2013February 14, 2013 by Christine
Christine
Bank of America Clarifies Listing MLS Requirements for Short Sales       A few days ago, Bank of America said it would require all Bank of America short sales to be in an active status in the MLS until the short sale was approved.  This caused a great deal…
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Was 2012 the Year of the Equity Sale Come Back for Orange County Homes?

January 16, 2013September 18, 2022 by Christine
Christine
Was 2012 the Year of the Equity Sale Come Back for Orange County Homes? What did we see in 2012 in the Orange County real estate market? In 2012, we saw an almost 20% increase in the number of homes sold in Orange County over 2011. Still, this is only…
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Mortgage Debt Relief Act of 2007 Extended by Congress – Good News for Short Sale Sellers

January 5, 2013January 6, 2013 by Christine
Christine
Mortgage Debt Relief Act of 2007 Extended by Congress Good News for Short Sale Sellers   The Mortgage Debt Relief Act of 2007 offers tax relief to certain home owners who short sale their homes or had a foreclosure.  When a foreclosure or short sale occurs, the debt cancellation may be considered…
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Do I Qualify for a Short Sale? – Costa Mesa Short Sale FAQs

June 6, 2012 by Christine
Christine
Do I Qualify for a Short Sale? - Costa Mesa Short Sale FAQs Have you been considering a short sale on your Costa Mesa home? Are you behind on your mortgage? Facing foreclosure? Don't know what to do? Well, it's time for some answers. Generally, there are three requirements that will…
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