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foreclose: Owners Paid to Short Sale There Homes, Rather than Foreclose - 02/22/12 11:47 AM
I just read an article By Julie Schmit, USA TODAY titled " Lenders paying borrowers to do short sales" and it really caused me to think about our local market and if the Orange County Short Sale Market would have a rapid increase in inventory as a result of this?
Right now some of the top banks are testing these so called Short Sale Incentive programs in different states to see what the response is, and to see if they can branch out in more states nationally. Here are some of the details for these programs:
•JPMorgan Chase went national with … (4 comments)

foreclose: What is a Short Sale | Orange County Short Sale Process - 02/08/12 07:39 PM
A short sale in Orange County, or anywhere, is when a homeowner puts their property on the market for sale and sells it for less than the amount they owe to their bank. You may ask…”How can this be possible”? Well this type of transaction, the Orange County Short Sale Process, has become very popular over the last few years and should still be here over the next few years.

When a homeowner is behind on their mortgage payments, heading toward foreclosure, filing for bankruptcy, or has any sort of financial or health related hardship that is holding them back … (0 comments)

 
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Fred Sed Orange County Short Sale Realtor

Irvine, CA

More about me…

Orange County Short Sale Foreclosure Leasing Realtor

Address: 4010 Barranca Pkwy Suite 120, Irvine, CA, 92604

Office Phone: (949) 272-0125

Cell Phone: (949) 274-3733

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