foreclosures: Challenges for Real Estate Investors In This Declining Home Value Market - 06/06/08 09:50 AM
Some losers in this residential real estate declining market are buyers of second homes, investors who are now involved with income tax debt challenge. Some of these people will lose their properties through short sale or foreclosure and make it to bankruptcy under the weight of a income tax bill. While … (5 comments)

foreclosures: Are We Starting to Experience Some Home Sales Stability in OC, California? - 05/22/08 05:54 PM
Some people say we are starting to experience some home sales stability.
DataQuick Information Systems released its report on May 19, 2008, and said sales units in OC, California, totaled 2,166 in April, 2008, the first time they were above 2,000 homes a month since the market crisis started.During April, 2008, buying … (5 comments)

foreclosures: Reinstatement of Your Home Loan or Mortgage After Default? - 05/03/08 01:31 AM
You don't have to be a bum or a deadbeat to get into a foreclosure position with your home loan.  It can be as simple as missing some days of work or having a mortgage payment late. You are in over your head with your lender, which is now threatening you with … (1 comments)

foreclosures: Homeowners Who Are Upside Down on Loans Should Be Careful When Considering to List a Short Sale - 04/30/08 10:59 AM
Upside Down Homeowners Should Be Careful When Considering to List a Short SaleWith home loan foreclosure or deed-in-lieu of foreclosure, sellers will take a hit of 200 to 300 points on their FICO scores. The exact penalty on FICO will depend on overall condition of credit. The effect of a short … (2 comments)

foreclosures: The Market Needs More Control Over Information on MLS Listings for Distressed Properties - 04/22/08 11:14 AM
The Market Needs More Control Over Information on MLS Listings for Distressed Properties.  Consumers and buyers need more accurate information on distressed property listings.
The markets and MLS should have better control over listings of distressed properties, including foreclosures and short sales. On a short sale, the owner lister should be … (2 comments)

foreclosures: Bush Administration & Lending Industry Correctly Oppose Giving Bankruptcy Judges More Power - 04/11/08 12:32 AM
The U.S. Senate passed legislation April 10, 2008, that would provide billions in tax cuts for home builders, banks and other businesses. However, the U.S. House of Representatives is considering other legislation that would provide more help for individuals, but no breaks for businesses. The Senate's bill is compromise that didn't … (0 comments)

 
Real Estate Agent: Harrison K. Long - Realtor, Broker & Lawyer (Explore Group, Coldwell Banker Previews)
Harrison K. Long - Realtor, Broker & Lawyer
Irvine, CA
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Explore Group, Coldwell Banker Previews

Office Phone: (949) 854-7747
Cell Phone: (949) 701-2515
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