Orange County housing blog

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Real Estate Broker/Owner - Aston Group - Orange County Real Estate - 01451803

ARCHIVED BLOG POSTS

2011 

Fannie Mae will be launching a program called Deed In Lieu Plus   The the DIL Plus program is a Fannie Mae foreclosure alternative program. Its goal is to identify and proactively contact borrowers most likely headed for foreclosure through vendors with a wide real estate broker network, such as ...
01/31/2011
ARE YOU CONSIDERING DOING A SHORT SALE WITH ANY OF THE LENDERS LISTED BELOW? •·         FIRST FRANKLIN •·         GMAC •·         DITECH •·         HSBC •·         LITTON •·         WACHOVIA •·         EMC •·         AURORA LOAN SERVICING •·         OPTION ONE •·         AHMSI •·         WELLS FA...
01/31/2011
CALIFORNIA SHORT SALE REALTOR List your home with Ann Urias at (714) 588-7676Facing Foreclosure? Missed a couple of house payments? NO EQUITY???? Whatever you do DO NOT GIVE UP and let the bank take back the house!!! It does not matter if you are upside down on the home and have no equity! We spe...
01/31/2011
Definition - Recourse vs. Non recourse Loans In California, most first and second loans that are used to purchase a owner occupied residence are non recourse, but loans from refinancing a previous mortgage, equity loans and lines of credit are usually recourse. A recourse loan means that the debt...
01/31/2011
ANSWER: It depends on your lender Here are a few banks that will allow you to do a short sale without being delinquent. •·         Countrywide •·         Wachovia •·         Wells Fargo Please remember that if you are doing a short sale and you are not currently delinquent the bank has no rush to...
01/31/2011
Why should you list your short sale with Ann Urias?   •·         Wealth of knowledge regarding the short sale process, experience Understanding of the lender's language and requirements for a short sale •·         Time, time and more time to sell your home in the current market •·         Accurat...
01/27/2011
Anaheim Short Sale Another success !!!!!!!! The seller had owned the home for 14 years and had refinanced multiple times. He had one loan for $ 490,000 We received an offer for $ 335,000 with in 4 weeks of listing agreement. The short sale took 5 weeks to get approved by the lender. Then 30 days ...
01/27/2011
Tustin Ranch Short Sale Another success !!!!!!!! The seller bought the home in 2006 for $ 640,000 and never refinanced. They had 2 loans 1st loan $512,000 2nd loan $128,000 both loans were serviced by the same lender. We received an offer for $ 390,000 The short sale took a total of 5 weeks to ge...
01/27/2011
Things Sometimes Can Go Very Wrong. And Losing Your Home To Foreclosure Isn't The Only Option You Have. A "Short Sale" Could Be The Answer.   We Could Negotiate With Your Lender To Accept Less Than Your Payoff Amount Owed.  This Is Better Than Having A Foreclosure Or Bankruptcy On Your Credit His...
01/27/2011
RE/MAX Homes & Estates Short Sale/Pre-Foreclosure DivisionInform yourself of all the possible options before you may or may not consider bankruptcy. The consultation is absolutely free and confidential. Again, educate yourself of all of the possible pros and cons. Then you may choose the best opt...
01/27/2011
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Ann Urias

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local_phone(714) 588-7676
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