diana margala: Why does it take so long to get an answer for an offer on a Short Sale?? - 08/08/08 03:44 PM
Many people ask me why it takes so long to get an answer for an offer on a short sale. This is the general process after an offer is received, each bank has their own procedure and their own guidelines, some are easier than others.
The listing Realtor submits a package … (0 comments)
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diana margala: Update on the Real Estate Market for July 2008 - 07/18/08 12:30 PM
I was excited last month when I saw that the inventory of homes on the market had declined. I didn't want to say anything until this months report came out. The great news is that most cities showed even more of a decline in inventory. The reason is good old "Supply … (0 comments)
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diana margala: Beat the Heat -- Great La Puente House with Central Air Conditioning AND a Swimming Pool!!! - 07/18/08 12:28 PM
This is a great deal you don't want to pass up! Located at 16040 Meadowside Street, La Puente, you will fall in love with this inviting home with large family room addition. It is ready to move right in. They just added Central Air and Heating. Situated on an enormous lot … (0 comments)
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diana margala: Short Sale Series: #4 Working with the Seller: Prep Work - 03/20/08 05:24 PM
Short Sale Process working with the Seller Prep work
Continuing information from Short Sale Series #3.
This is usually a very hard time in the seller's life. They never expected to be in a situation like this. They need to understand that you are there to help them, but that they will also … (0 comments)
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diana margala: Now Available - Spectacular Fontana Home! - 02/22/08 01:34 PM
I wanted to let everyone know about my new listing! This is definetly a property you won't want to miss!!
Spectacular Home on a Large Lot. This 2,916 square foot, 2-story, 4 bedroom 2 ¾ bath home features a Den downstairs that could be changed to a 5th Bedroom and Bath. 3 … (2 comments)
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diana margala: Homeowners special tax relief from mortgage debt that was forgiven - 02/15/08 08:24 PM
Homeowners special tax relief from mortgage debt that was forgiven (Section 3 on my Short Sale Blog)
For those who were 1099 in 2007 for mortgage debt you might qualify for the new special tax relief. The complete information is on IRS.gov search for form number 982 and don't forget to talk … (0 comments)
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diana margala: Short Sale Series: #2 Items required by Lenders in order to be Considered for Short Pay - 02/14/08 12:46 PM
Examples of some items required by lenders in order to be considered for Short Pay.
The short sale process is not an easy one but as I stated in the first blog of this Short Sale Series it can be a better alternative to the foreclosure process. I have made a list … (2 comments)
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diana margala: Update on the Inland Empire Real Estate Market - 02/13/08 05:16 PM
Hi Everyone,
Below is an Update on the Real Estate Market that I will be providing each month. Some of the cities include Rancho Cucamonga, Upland, La Verne, Chino, Chino Hills, Corona and other Inland Empire cities. Please feel free to contact me about any of the information, should you have any … (0 comments)
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diana margala: Who Qualifies for a Short Sale or Short Pay - 02/11/08 07:00 PM
A short pay or short sale is to provide a mortgagee with an alternative way to sell their home when they have entered into a hardship and the sell of their home would not completely pay the balance of the loan (s) that are encumber by their home. This is usually a … (0 comments)
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diana margala: Home Value Information - 02/06/08 03:26 PM
Recently a client of mine posed a very good question and I wanted to share it and my response to it with you.
"...why is there such a big discrepancy between the figures you gave me and Zillow's website? I thought that was where the banks got their info."
Home Finder Search Engines … (0 comments)
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diana margala: Open House on PRICE REDUCED Home in Alta Loma, 2/2/08 1-4PM - 02/01/08 05:47 PM
Stop by our OPEN HOUSE!! Saturday February 2nd from 1-4PM. Don't miss this Fantastic Alta Loma Home that has been lowered in price EVEN MORE!
Location: 6839 Teak Way, Alta Loma, Ca. 91701 For more property information click here.
Time: 1:00pm to 4:00pm
Description:
Beautiful Alta Loma Home with an open and spacious floor-plan. Several large windows to … (0 comments)
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diana margala: Real Estate Investments in Today's Market - 01/25/08 02:04 PM
Real Estate as an investment is still the best of investments as long as you are planning on long term and you can afford to make the payments. When you can rent a property for more than your payments, it is the best because as the renters make your mortgage payment … (0 comments)
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diana margala: When will the market hit bottom?? - 01/24/08 07:21 PM
We all hear from the media that the market is down and things aren't likely to recover anytime soon. So many times I am asked when it will hit bottom. Well there is no way to know when the market will hit the bottom. Yet we need to remember what goes down … (12 comments)
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