John Kim's Real Estate Blog

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Services for Real Estate Pros - Property Services & Short Sale TC
As a Short Sales Processing Service this blog is to help inform and receive information on our industry. This blog is to explain some things to the homeowner or realtor in Short Selling, Loan Modification, and industry related news.

ARCHIVED BLOG POSTS

2008 

Are you late on your mortgage payments? Is your loan set to adjust to a new payment soon? Is your ARM adjusting to the point that you cannot afford to your monthly payment? Are you currently suffering in a hardship that impedes on your monthly payment? Are you in a loan that you cannot afford? N...
01/25/2008
I guess it when people are asking the goverment to help that means they may answer but this maybe a good thing or not... Plan for a Mortgage Buyer Gains Some GroundBy Damian Paletta; WSJWASHINGTON -- Senate Banking Committee Chairman Christopher Dodd floated a plan to establish a government body ...
01/25/2008
"Home-Selling Strategies In a Declining Market" is what some articles are being used as their title and the information they give you is very remedial.  More or less it's just common sense.  Tell the home owner "advise against spending too much money on spruce-ups, as homeowners might not recoup ...
01/24/2008
In Newport Beach some residences have one of the greenest lawns on the blocks.  But all year round it maybe a little too green, as far as her homeowners association is concerned.  So now some HOA's are threatening to fine and take legal actions to force residents to rip out fake grass.  Eventhoug...
01/24/2008
Early last Tuesday the Ferderal Reserve committed an unprecedented move by discounting the rate by .75 of a point, the largest single rate cut in 20 years.The move did not come at one of the Fed's regularly scheduled meetings but rather overnight in response to some truly dreadful news from forei...
01/24/2008
30-year mortgage fall below 6 percent Thu Jan 17 2008; AP EconomicsWASHINGTON - Rates on 30-year mortgages dropped for a third straight week to the lowest level since the summer of 2005 as worries intensified about the current economic slowdown. Freddie Mac, the mortgage company, reported Thursda...
01/20/2008
The measure by state Sen. Don Perata would make lenders inform borrowers starting 120 days in advance. January 17, 2008 by Marc Lifsher, Los Angeles Times Staff WriterSACRAMENTO -- As a slumping housing market threatens California's economy, state lawmakers gave a first, key approval to a bill ai...
01/20/2008
     Interesting news that Atherton-Newport Investments LLC, an Irvine based company that owns apartments, filed for Chapter 11 bankruptcy protection in federal court in Santa Ana last Wednesday."This filing was necessitated by the actions of one of ANI's creditors," the company said in a stateme...
01/20/2008
December was a month with big numbers and now looking at the other months to last year banks have their hands full.  Last month figures are comparable to that of 1988 which is most likely going to be beaten in months to come.  Looking at these numbers OC will pass 2007 numbers by a little past ha...
01/20/2008
 HAVE YOUR NEGOTIATIONS DONE BY A SHORT SALE SPECIALIST.      In todays real estate market homeowners are looking for HELP.  When foreclosure is not the option you want for yourself or your family then there may be other alternatives for you.  Finding a specialist in short sales negotiations may ...
01/20/2008
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John Kim

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Short Sale Processing Service that will help any person that is interested in closing a successful short sale.