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default: Help For Costa Mesa Homeowners on Short Sales! - 02/19/10 01:26 AM
A short sale can be an excellent solution for homeowners who need to sell, and who owe more on their homes than they are worth. In the past, it was rare for a bank or lender to accept a short sale. Today, however, due to overwhelming market changes, banks and lenders have become much more negotiable when it comes to these transactions. Recent changes in corporate policy and the Obama administration have also improved the chances of getting a short sale approved. But to be technical, here's a more official definition: •A homeowner is 'short' when the amount owed on
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default: The Pressure Cooker on Orange County California Real Estate! - 02/05/10 01:14 PM
Phew! After four years of declining home sales, the numbers appear to be finally turning back upward, with closed sales and pending contracts at above-normal increases. In particular, first-time buyers helped buoy the market by taking advantage of low prices and interest rates, as well as the $8,000 tax credit offered by the federal government. At least for now, home prices remain attractively low, and mortgage payments as they relate to income are very comfortable. All the information seems to point to the fact that home prices have actually overcorrected downward. What does that mean? It indicates that many
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default: Has The Real Estate Market on Orange County California Homes Stabilized? - 12/28/09 02:39 PM
Find The Best Customized Real Estate Reports for Costa Mesa towns and neighborhoods. Are you wondering if the Real Estate Market has Stabilized in your area? Would you like to know how much homes actually SOLD for in your neighborhood? Would you like to gauge how the current Real Estate market is trending? FREE Analysis emailed to you! No Appointment Required! Visit http://www.teamweichman.com/hvalue.shtml Larry Weichman is President and Broker of Costa Mesa-based real estate powerhouse Weichman Realtors. Larry and his highly-trained team of professionals have proudly served Costa Mesa since 1976. For questions about an upcoming sale or purchase, call him directly at
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default: A CHORE NEXT DOOR! - 12/27/09 12:42 PM
While not a very common problem, if you've got it, it can have a terrible impact on your listing: The Messy Neighbor. If you live next door to a "neglected" property, you might lose up to 20% of your home's market value, particularly with buyers looking for any excuse to reduce their offer. It's technically not your problem, but ask not for whom the bell tolls. It's well worth your time and effort to resolve this situation amicably. Always be respectful, and don't let your emotions get the best of you. Unless you believe your neighbor is "unhinged," you should
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default: 8 Great Reasons Why you Should Short Sale your Home! - 12/24/09 01:21 PM
Reason Number 1 - Because You Can! Several years ago short sales were unheard of. Asking a bank to do a short sale would have resulted in a laugh and a click at the other end of the phone. But banks now realize the scope of the problem. Heck, even they needed a bail out. And you may too! Do you want to be the guy taking all the arrows and holding up the weight of the universe like Charles Atlas, or does it make sense to restructure now while you can. I guarantee when all of this mess is
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default: California Consumer Information on Loan Workouts! - 11/16/08 09:34 AM
The California Association of Realtors has created several new resources for homeowners seeking information on existing mortgage workout programs. A chart outlining programs offered by the larger lenders and government entities, including a snapshot on eligibility requirements and contact information. If a lender or loan servicer is not on the chart, homeowners may wish to contact their lender or loan servicer to determine if a workout program is available.C.A.R. also developed consumer information sheets containing detailed information on specific programs that you can print or e-mail to share with clients. Please click on the appropriate link below for information on a specific program.HOPE For Homeowners
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default: Can't Refi? Facing Foreclosure? Save your creidt! - 11/04/08 09:56 AM
YOU'RE FACING FORECLOSURE! YOU'RE SHORT ON MONEY.... CAN'T REFI? NO EQUITY? NOT SURE WHAT TO DO? I DO NOT WANT TO BUY YOUR HOME I AM NOT AN INVESTOR I AM NOT A LENDER I AM NOT A BK LAWYER BUT, I CAN HELP YOU WE DO NOT CHARGE FOR ANY OF OUR SERVICES WE GET PAID BY YOUR LENDER www.TeamWeichman.com Call Larry (714) 241-4532 or email me at Larry@TeamWeichman.com
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default: California Foreclosure Procedure - 11/04/08 09:50 AM
California Foreclosure Procedure Method of Foreclosure: Power of Sale.Number of Notices: Two: Notice of Default and Notice of Sale. Amount of Notice Required: For a Notice of Default, three months. For a Notice of Sale, twenty days. Content of Notice of Default: a) identify the mortgage; b) nature of the breach; c) election to sell to satisfy obligation; and d) if curable. Notice must be filed in the county where the mortgaged property is located. Notice of Sale: a) time and place of sale; and b) total amount due plus a reasonable estimate of costs and expenses. Name, instate street address
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Larry Weichman
Costa Mesa,
CA
More about me
Weichman Realtors, A Trusted Name In Costa Mesa Real Estate
Address: 1525 Mesa Verde Drive East, Suite 111, Costa Mesa, CA, 92626
Office Phone: (714) 241-4532
Cell Phone: (714) 863-5739
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