Another Short Sale Success - El Cajon, CA - 04/27/10 06:48 PM

MLS#: S594637
Short Sale Closed 4/22/10 in El Cajon California
A young couple hit hard by the recession and welcoming their 1st child in to their family needed options.  They wanted to do the right thing and avoid simply allowing the home to foreclose.  Now they will be able to purchase again within 2 years rather than waiting at least 5 years after a foreclosure.
There were two liens secured against the home.
1st lien: $233,410.00 / 2nd lien: $58,945.00
We were able to get the 1st lien to accept $97,424.04 and the 2nd lien to accept $5,850.00 as short … (0 comments)

5BR + Loft In Foothill Ranch - In Escrow At Full List Price! - 04/27/10 11:24 AM
Sell Your Home Faster & For More Money With IML Real Estate.5 Bedrooms + Loft. Kitchen with granite counter-tops, granite topped island, bay window, built-in granite breakfast nook table & stainless steel appliances. Enclosed courtyard with wrought-iron, plantation shutters, upgraded baseboards, crown molding, oil-rubbed bronze door handles & custom wookwork in living & family room. Backs to greenbelt rather than another home.
15 San Angelo - Foothill Ranch, CA
    
    
    

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5BR + Loft In Foothill Ranch - Just Listed! - 04/20/10 07:18 PM
Equity Seller, Not A Short Sale! Lowest Priced Non-Short Sale (2,500 square feet or more) in Foothill Ranch. 5 Bedrooms + Loft. Kitchen with granite counter-tops, granite topped island, bay window, built-in granite breakfast nook table & stainless steel appliances. Enclosed courtyard with wrought-iron, plantation shutters, upgraded baseboards, crown molding, oil-rubbed bronze door handles & custom wookwork in living & family room. Backs to greenbelt rather than another home.
15 San Angelo - Foothill Ranch, CA
    
    
    
Start The Homebuying Process On The Right Foot...
GET PREQUALIFIED FOR A HOME LOAN!
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Beverly Center / Miracle Mile Condo - Price Reduced! - 04/16/10 05:25 PM
Real Estate Email Flyers by EmailFlyers.net
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HAFA - Home Affordable Foreclosure Alternatives NOT Available for Fannie Mae & Freddie Mac Loans - 04/14/10 06:24 PM
As servicers begin to implement the HAFA (Home Affordable Foreclosure Alternatives) program reliable information regarding the program is vital.  I have always found it useful to approach things in a "step-by-step" fashion and I believe this approach certainly has merit when applied to HAFA and how it relates to short sales.
The first thing homeowners considering a HAFA short sale should know:
1. If your loan is owned by Fannie Mae or Freddie Mac then you are NOT eligible for HAFA.  This does not mean you will not be able to achieve a successful short sale.  Simply put... successful short sale … (1 comments)

NO California State Taxes On Debt Forgiven In A Short Sale! - 04/09/10 03:15 PM
NO California State Taxes On Debt Forgiven In A Short Sale so thousands of Californians can breathe a bit easier as California Senate Bill 401 has passed in both the Assembly and in the Senate and all indications are that Governor Schwarzenegger will sign it in to law.  
At present time the amount of debt forgiven by a lender in a short sale or a foreclosure is considered taxable income by the state of California.  SB401's passage brings California in line with the federal government's relief for mortgage debt forgiven (via the The Mortgage Forgiveness Debt Relief Act and Debt Cancellation Act of 2007) and will protect people … (2 comments)

North Tustin - Sold For Full List Price - 4 Bed/3 Bath with Panoramic Views - 04/04/10 12:26 AM
IML Real Estate Listing In North Tustin.  35 Days On Market - SOLD AT FULL LIST PRICE!
$1,400,000.00 


Selling Your Home?
Thinking about selling your Orange County home? Sell your home faster and for more money with IML Real Estate. Get it done right the first time. We provide the most innovative, customer friendly and effective home selling program available.
 

9892 Saint Mary's Circle - North Tustin, CA 92705
4 Bedroom - 3 Bath / 3 Car Garage / 3,900 Sq Ft
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