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short sales: Orange County California Short Sale Guide - What is a Short Sale? - 04/05/09 04:00 AM

Orange County, California home owners often ask, "What exactly is a short sale?"  Many people have an idea what it means, but there are some interesting ideas percolating out there.  Here are a couple of things a short sale is NOT:
A short sale is NOT a streamlined process so you can close escrow faster. A short sale is NOT a way to get the bank to take less than you owe on your mortgage just because you don't like the idea that you owe more on your home than you could sell it for today.  A short sale IS when the … (7 comments)

short sales: No More Short Sale Approvals Held Hostage For Commission Reduction Says Fannie Mae! - 02/27/09 07:35 PM
 


 
 
 
 
This ever-changing market has caused many of us who remain in the trenches to work harder for less money.  Working Short Sales and REO's adds many hours of additional work to our workload.  Surprisingly, there has been a practice among some lenders to attempt to balance their books with the real estate brokers paychecks.  Well, Fannie Mae said enough!   
 
 
 
 
 
On February 24, 2009 Fannie Mae changed their guidelines with regard to pre-foreclosure properties.  The new guideline (effective March 1, 2009)  states that Fannie Mae loan servicers can no longer … (10 comments)

short sales: Become a Certified Distressed Property Expert - Class Offered in Southern California - 08/07/08 10:07 AM
FORECLOSURE! SHORT SALE! PRICE REDUCED! REO! It's in all the headlines and for many real estate professionals, it's not a matter of choice whether we need to work this part of the market...it's only a matter of when.  If you're like me, you may be feeling it's time it's time for to gear up for the days ahead.  To date I've attended 5 different presentations on how to work with short sales.  The only common denominators seem to be that the speakers are saying two things:
1)      REALTORS®/Real Estate Agents - it is our responsibility as real estate professionals to help … (83 comments)

short sales: Look At This Before You Begin Working With Short Sales - Short Sales For Dummies - 07/27/07 11:43 PM

 
 
I'm writing to you from the Annual Howard Brinton Star Power Conference in Phoenix, Arizona.  I met someone here who has a very unique program that you need to know about if you want to be prepared for the Short Sale market.
If you've done Short Sales before, or if you talk with anyone who has, you know they are very time consuming.  Ron Garber has put together a program that is pretty awesome.  For a small fee and a referral of earned commission, his company will do all the legwork, paperwork, phone work, etc. to coordinate with the banks for … (23 comments)

 
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Laguna Homes|Laguna Condos| Laguna Real Estate|Marlene Bridges

Laguna Hills, CA

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Village Real Estate Services, Inc.

Office Phone: (949) 363-0901

Cell Phone: (714) 745-2592

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Marlene Bridges Orange County California Real Estate, Laguna Homes, Laguna Real Estate, Laguna Condos

Marlene Bridges, Realtor®

Certified Residential Specialist®

Seniors Real Estate Specialist®

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Orange County, California

(Area surrounding Disneyland)





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