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Real Estate Agent - ZipRealty - 1415115
sale, distressed, condo, foreclosure, shortsale, reo, bank owned, repo, saddleback, PUD, UCI, sfr, single family homes, investment, amtrac, rsm, lake forest, portola hills, foothill ranch, coto, dove, rancho cielo, walden, robinson ranch, saddleback valley, cdc, rancho colinas, ziprealty

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2008 

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Basics;  A short sale is a property that is being sold for less than the owners owe on it. In order for a short sale to come off, every mortgage lender and lien holder who holds a debt secured by that property must agree to forgive some or all of that debt. Short sales can, paradoxically, take ma...
09/25/2008

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Mortgage rates in Orange County plummeted this morning as markets reacted to Sunday’s news about the government takeover of the two largest buyers of U.S. home loans. The rate on a 30-year fixed-rate mortgage up to the old conforming limit of $417,000 dropped as low as 5.375% with a one-point fee...
09/09/2008
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Len Malena

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