yorba linda homes for sale: Orange County Short Sale report for Yorba Linda, CA
- 09/30/10 04:13 PM
This report is for standard sales and short sales in Yorba Linda, Orange County, CA . This article is brought to you by the realtor experts at the Solesbee Group, who are #1 in short sale property listings and closings in Orange County. Currently, there are a total of 265 single family detached homes listed for sale in Yorba Linda, California. The median price of these active homes for sale is $899,500 and the average price per square foot is $303.01 . Of this total, 48 are short sale listings active for sale. These short sale listings represent 18% of the … (6 comments)
Member Legal Services Tel (213) 739-8200Fax (213) 480-7724August 4, 2010 (revised) One of the concerns a consumer has after experiencing a bankruptcy, foreclosure, or short sale (referred to as a "preforeclosure sale" by Fannie Mae when the owner is in default) is the ability to obtain credit to purchase another home. Fannie Mae has updated its credit guidelines in the FNMA Selling Guide, June 30, 2010. [ Note: This is a 1,234 page PDF document that takes a long time to download.] This legal article summarizes those guidelines in Part I. … (1 comments)
yorba linda homes for sale: July 2010 Yorba Linda Home Sales Report
- 07/28/10 10:57 AM
July 2010 Yorba Linda Home Sales Report by Sabrina Solesbee on July 28, 2010 The median single family home price in YORBA LINDA this week is $704,500. In 92886 the average sales price is $699,000.00 with 92887 coming in at $724,949. These nearly 418 homes have been on the market for an average of 122 days.
The trend is alarming. Available homes on the market are increasing rapidly while sales are not. Furthermore, homes will continue to be on the market longer, which is a simple issue of supply and demand. Right now, there is way more supply than demand. When that happens, prices come … (0 comments)
yorba linda homes for sale: Buyers, Do Your Financial Homework
- 07/22/10 12:04 PM
The loan approval process has become increasingly difficult in today’s financial real estate market. Banks continue to lose millions of dollars through shorts sales and foreclosures which significantly affects the way they quantify a new buyer. Therefore, the loan process can be a complex and sometimes frustrating process. First, find a direct lender you trust and stay with them. If you are in escrow, you can’t change lenders without jeopardizing the transaction. Buyer contingencies are supposed to be removed in 17 days which means that you should have your full loan approval by then. If you switch lenders, you won’t … (1 comments)
yorba linda homes for sale: HOW TO BUY A FORECLOSURE
- 05/25/10 05:37 AM
You want to buy a foreclosure? Remember, there are both great opportunities and great pressures and pitfalls in this market. First, you have to decide at what stage of foreclosure you want to buy. There are three options: 1. pre-foreclosure; 2. sheriff’s auction; 3. repossession, called REO (for real estate owned by the bank). The safest and best way to buy is when it’s a bank-owned property. At www.yorbalindaliving.com you have access to all of the Pre Foreclosure, Bank owned and Auction properties in your search area. Short Sale or Pre-foreclosure: These homes are in the foreclosure process, but they have … (0 comments)
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