zillow: Banks Offer Up to $10,000 in Short Sale Houses Moving Allowance
- 06/02/15 09:01 AM
David Cooper 310-463-7667 Banks grant short sales for two reasons: the seller has a hardship, and the seller owes more on the mortgage than the home is worth.Even in Foreclosure There is Money in Your HouseThe seller will need to prepare a financial package for submission to the short sale bank. Each bank has its own guidelines, but the basic procedure is similar from bank to bank. A few examples of a hardship are: Unemployment / reduced income Divorce Medical emergency Job transfer out of town Bankruptcy Death The seller’s short sale package will most likely consist of: Letter of authorization, which lets your agent speak to the bank. HUD-1 or preliminary … (0 comments)
zillow: Banks offer Distressed Homeowners $10000 for Short Sale
- 05/26/15 07:57 AM
What is a Short Sale?A short sale happens when the lender is shorted on a mortgage, meaning the lender accepts less than the total amount that is due. If your mortgage is $100,000, but your home is worth, say, $90,000, you are $10,000 short, not including costs to close the sale such as real estate commissions, recording fees or title and escrow charges. It is possible to have a short sale if your mortgage balance matches the sales price because there are still closing costs that will throw the sale into “short” territory. Sometimes, to avoid going through the cost of foreclosure, a lender will sanction a short sale by letting … (0 comments)
zillow: Real Estate Prices Increase as Spring Home Buying Season Begins
- 05/11/15 01:48 AM
The median existing single-family home price increased in 85 percent of measured markets, with 148 out of 174 metropolitan statistical areas (MSAs) showing gains based on closings in the first quarter compared with the first quarter of 2014. Twenty-five areas (14 percent) recorded lower median prices from a year earlier. The number of rising markets in the first quarter was mostly unchanged compared to the fourth quarter of last year, when price increases were recorded in 85 percent of metro areas. Fifty-one metro areas in the first quarter (28 percent) experienced double-digit increases, a sharp increase from the 24 metro areas … (0 comments)
zillow: New Website Helps Real Estate Investors Find Fix and Flip Properties
- 05/07/15 01:43 AM
Real Estate Properties With Fix and Flip Profit FixFlip.com goes beyond simple cost per square foot search calculations that might otherwise incorrectly identify a home as a bargain.FixFlip.com’s algorithm identifies only currently listed rehab properties best suited for investors, thereby saving fix/flip investors countless hours and money.This unique feature puts FixFlip.com in a class by itself.Key features and benefits of FixFlip.com include: Nationwide database provides daily updates and the most accurate property listings Proprietary property filtering shows listings that are investor oriented rehab opportunities Full property descriptions with complete agent contact information simplifies purchase inquiries Investors save time and identify investment properties faster with less hassle READ … (0 comments)
zillow: Real Estate Mortgage Delinquency Rate Falls to 7 Year Low
- 05/06/15 03:27 AM
Real Estate Home Mortgage Delinquency Rate Falls to 7 Year Low Loans that were at least 30 days late dropped to 5.54 percent in the first quarter from 6.11 percent a year earlier, the Mortgage Bankers Association said in a report Wednesday. The share was the lowest since the second quarter of 2007. Newer loans are benefiting from rising property prices, tighter underwriting requirements and the lowest jobless rate in seven years, while mortgages originated before the real estate bust are still moving through foreclosure. The share of loans on which foreclosure actions were started in the first quarter was … (0 comments)
zillow: Los Angeles CA Real Estate Home Prices Hit 8 Month High March 2015
- 05/05/15 03:03 AM
Los Angeles CA Real Estate Home Prices Hit 8 Month High Home prices rose 2% in March, pushing year-over-year growth to 5.9%, the fastest annual pace since July, said CoreLogic, an Irvine, Calif.–based analysis firm. Seven states, including Texas and New York, have reached new records, and 27 states are at or within 10% of peak price levels. Home prices rose 2% in March, pushing year-over-year growth to 5.9%, the fastest annual pace since July, said CoreLogic, an Irvine, Calif.–based analysis firm. Seven states, including Texas and New York, have reached new records, and 27 states are at or within 10% of peak … (0 comments)
zillow: How to Sell Foreclosure Real Estate Los Angeles CA For Top Dollar
- 05/04/15 03:24 AM
Bar none the most important factor to help you get the most for How to Sell Foreclosure Real Estate Los Angeles CA For Top Dollar is pricing it correctly from the start. Find an experienced Real Estate Agent in your area that knows the fair market value of homes and use their expertise to help gauge where your home should be listed at. Priced competitively from the onset gives your property the very best opportunity to get seen and sold. READ MORE FORECLOSURE REAL ESTATEhttp://www.losangelesforeclosures.biz/how-to-sell-foreclosure-real-estate-los-angeles-ca-for-top-dollar/ … (0 comments)
zillow: List of Foreclosed Homes Los Angeles
- 05/03/15 01:17 AM
List of Foreclosed Homes Los Angeles The first two steps in buying a foreclosure home should happen almost simultaneously: Find a real estate broker who works directly with banks that own foreclosed homes and get apreapproval from a lender Be prepared to prove source of funds if yours is an all cash offer. Source of funds could be a ard money lender who is willing to put up 65% of the after repaired value of the home, so your offer would have to be 65% below asking price to make the offer All Cash READ MORE LIST of Foreclosed Homes Los Angeleshttp://www.losangelesforeclosures.biz/list-of-foreclosed-homes-los-angeles/
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zillow: 43 Top Real Estate Economists Predict Great Returns Housing Thru 2017
- 05/01/15 12:22 AM
The real estate industry is expected to remain on a sustainable course of solid growth for 2015 through 2017, according to a new three-year forecast from the Urban Land Institute (ULI) Center for Capital Markets and Real Estate. The outlook – the latest installment of the semi-annual ULI Real Estate Consensus Forecast – is based on a survey of 43 of the industry’s top economists and analysts representing 32 of the country’s leading real estate investment, advisory, and research firms and organizations. - READ MORE REAL ESTATE PREDICIShttp://www.american-apartment-owners-association.org/property-management/real-estate-investing/solid-real-estate-growth-predicted-2017/ FREE LIST Los Angeles Foreclosure Homes for Sale http://www.losanagelesforeclosures.biz … (0 comments)
zillow: Wall Street Hedge Funds to Raise Rents 5.6% on Single Family Housing
- 04/30/15 08:32 AM
The largest U.S. single-family home landlords plan to raise their rents as much as 5.7 percent this year as they shift focus from buying real estate to boosting their bottom lines. “In the 2015 rental season, we’re really seeing the ability to move rents,” David Singelyn, chief executive officer of American Homes 4 Rent, the largest publicly traded single-family landlord, with about 35,000 homes, READ MORE Wall Street Real Estate http://www.losangelesforeclosures.biz/wall-street-real-estate-hedge-funds-to-raise-rents-on-single-family-housing/ … (0 comments)
zillow: Buying a Home Is One of the Last Wealth Creation Opportunities
- 04/28/15 02:39 AM
Due to current low interest rates and anticipated appreciation rates for the next few years, Buying a home is “one of the last legitimate wealth creation opportunities,” according to Tim Rood, chairman of Washington, D.C.-based business advisory firm The Collingwood Group “The leveraged return if you put down 10 percent on a house, the trajectory of appreciation lately is you’re going to get your money back inside of a year and then after that 5 to 10 percent appreciation rates,” Rood said. “It’s phenomenal.” READ MORE BUYING A HOME http://www.losangelesforeclosures.biz/buying-a-home-is-one-of-the-last-legitimate-wealth-creation-opportunities/ … (0 comments)
zillow: New Secrets for Buying Pre Foreclosure Homes for Sale
- 04/23/15 11:23 PM
Buying pre-foreclosures has two main advantages over buying at the auction or purchasing bank-owned properties, according to Siems. First, a homeowner facing foreclosure may be motivated and willing to do almost anything to avoid losing property to the bank. Secondly, investors can inspect the property before purchasing it. READ MORE SECRETS http://www.losangelesforeclosures.biz/6-secrets-for-buying-pre-foreclosure-homes-for-sale/ … (0 comments)
zillow: Home Prices are UP and Sales Are UP as Real Estate is Gaining Strength
- 04/23/15 04:03 AM
April’s Auction.com Nowcast indicates that existing home prices will fall in the range of $201,052 to $222,215 for the month. The targeted price of $211,633 is up by 5 percent from April 2014. The release from Auction.com noted that the existing home sales data for March released Wednesday by the National Association of Realtors (NAR) found that both the annual rate of existing home sales for March (5.19 million) and the existing home price for March ($212,100) were within the ranges for March that Auction.com predicted a month ago in the Nowcast. The existing home price of $212,100 represented an increase of 7.8 … (0 comments)
zillow: 10 Ways Contractors Make Your Home Repair a Nightmare
- 04/21/15 09:15 PM
10 Ways Contractors Make Your Home Repair a Nightmare by David Cooper on April 22, 2015 in Uncategorized Even when dealing with licensed pros, homeowners hiring a contractor should seek referrals from past and current clients, and ask to see the contractor’s work, both completed and in progress. “Everyone has their own perspective of what’s good,” says Tom Pendleton, president and owner of Pendleton Homes & Remodeling in McLean, Va. A client might give a contractor a glowing recommendation because he was a nice guy who got the job done ahead of schedule, when the actual work looks sloppy. READ MORE 10-Ways-Contractors http://www.losangelesforeclosures.biz/10-ways-contractors-make-home-repair-nightmare/ … (0 comments)
zillow: Flipping Foreclosed Homes Trending Higher in 2015
- 04/21/15 12:04 AM
The rising trend of home flipping around the country seen in Q4 continued to build momentum among investors in nearly every market surveyed in Q1, according Auction.com‘s First Quarter 2015 Real Estate Investor Activity Report released on Monday.The percentage of investors surveyed who said they intended to flip the properties they bought rose by 6.5 percent in Q1 from the previous quarter, according to Auction.com. The rise of that trend was especially evident in the Western States, where the ratio of investors who preferred flipping as a strategy over renting was as high as three to one in some places. The percentage … (0 comments)
zillow: 10 Ways to Increase the Value of a Home
- 04/20/15 03:50 AM
Los Angeles Foreclosure Homes Increasing the value of your home is easier than you think.Follow these tips, and your home will be worth more before you know it. READ MORE http://www.losangelesforeclosures.biz/value-of-a-home/ … (0 comments)
zillow: Who is Getting $10,000 Cash for Relocation Money From Lenders?
- 04/18/15 09:45 PM
The Home Affordable Foreclosure Alternatives (HAFA) Program provides additional options to avoid costly foreclosures and offers incentives to borrowers, servicers and investors who utilize a short sale or deed-in-lieu (DIL) to avoid foreclosures.HAFA alternatives are available to all HAMP-eligible borrowers who: 1) do not qualify for a Trial Period Plan; 2) do not successfully complete a Trial Period Plan; 3) miss at least two consecutive payment during a HAMP modification; or, 4) request a short sale or DIL. READ MORE http://www.losangelesforeclosures.biz/short-sale-cash/
Free List. Los Angeles Foreclosed Homes http://www.losangelesforeclosures.biz … (0 comments)
zillow: Don't Get Cheated Applying for a New Mortgage
- 04/17/15 01:35 AM
Don’t just rely on the list of lenders provided to you by your realtor. Comparison-shop with as many banks and credit unions as possible to get a complete picture of what your options are. Confine your search for a mortgage to a 14-day window. If you keep applying for mortgages beyond a two-week time period, the numerous credit inquires could temporarily lower your credit score. READ MORE http://www.losangelesforeclosures.biz/foreclosed-homes-financing/ FREE LIST Los Angeles Foreclosed Homes & Foreclosure Homes http://www.losanageleswforeclosure.biz … (0 comments)
zillow: Real Estate Investors Turn To Crowd Funding For Flipping Homes
- 04/15/15 07:41 PM
This gap has been left by banks that now crowdfunding platforms, like RealtyShares, are able to fill," Nav Athwal, CEO of RealtyShares told CNBC. "They are able to provide quicker, more efficient capital that helps meet the needs of these investors who are looking for speed of execution and the ability to be flexible with their terms as well as with the underwriting standards. Banks just aren't meeting that need." READ MORE http://www.losangelesforeclosures.biz/real-estate-investors-turn-crowd-funding-flipping-foreclosed-homes/
Los Angeles Foreclosed Homes FREE LIST http://www.losangelesforeclosures.biz … (0 comments)
zillow: Foreclosures Are Down 66% From 2010 Peak
- 04/15/15 02:32 AM
February 2015's total of 39,000 completed foreclosures nationwide represented a decline of 15.7 percent from the previous February – and a decline of 67 percent from their peak reached in September 2010, READ MORE http://dsnews.com/news/04-14-2015/foreclosure-completions-down-two-thirds-from-2010-peak
Los Angeles Foreclosures & Foreclosure Homes FREE List http://www.losangeleforeclosures.biz … (0 comments)
David Cooper 310-463-7667
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