Real estate blog entries tagged with newport beach real estate by Sengdao Vongruksukdi, Newport Beach Real Estate (Starlight Realty Certified REO & Short Sale Specialist)

Home : Blogs : Sengdao Vongruksukdi : Sengdao Vongruksukdi's Blog : Tag "newport beach real estate"

newport beach real estate: TPG Rolls Tech, Service Brands into DataQuick By Austin Kilgore - 05/13/11 04:55 AM

The primary units that private equity group TPG Capital acquired from MacDonald, Dettwiler and Associates will be grouped together and run under the brand name DataQuick.
The units formerly known as MDA Lending Solutions, MDA DataQuick and MDA MindBox will integrate into one entity, with former MDA DataQuick president John Walsh leading a concentrated management team as president of the new DataQuick.
"It's actually something that customers and other people have noted should have happened for a long time," Walsh said in an interview with National Mortgage News.
Lending Solutions provides settlement services to the mortgage origination space, DataQuick is a … (0 comments)

newport beach real estate: 30-Year Fixed Mortgage At Lowest Rate Since December 2010 - 05/12/11 06:18 AM

Mortgage rates for 30-year fixed mortgages fell this week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 4.46 percent, down from 4.53 percent at this same time last week. This is the lowest average rate reported on Zillow Mortgage Marketplace in 22 weeks.
The 30-year fixed mortgage rate peaked at 4.55 percent last Thursday, and then fluctuated between 4.42 percent and 4.48 percent for the remainder of the week. The lowest reported 30-year fixed rate prior to this week was 4.5 percent on December 7, 2010.
Additionally, the 15-year fixed mortgage rate this morning was 3.69 percent and for 5/1 ARMs, the rate … (2 comments)

newport beach real estate: GSE's align on delinquency management...finally! - 05/11/11 06:29 AM

So, if you're wondering what is happening at the highest levels in the mortgage servicing world, here it is! The Federal Housing Finance Agency (FHFA) has directed Fannie Mae and Freddie Mac to align their guidelines for servicing delinquent mortgages they own or guarantee. According to the FHFA, this framework will create uniform servicing requirements, as well as monetary incentives for servicers that perform well and penalties for servicers that do not.
The directive requires the two government-sponsored enterprises to align servicing requirements in four areas: borrower contact, delinquency management practices, loan modifications and foreclosure timelines.
The new guidelines will also prohibit servicers … (0 comments)

newport beach real estate: Fannie Keeps Pushing Changes to Servicing Comp By Paul Muolo - 05/07/11 07:06 AM

The debate over how (and if) servicing compensation should be changed continues to rage on - quietly, that is. Our sources tell us that Fannie Mae appears to be the one driving this truck with Freddie Mac and Ginnie Mae sitting in the back seat, shouting, "Slow down." In short, Freddie and Ginnie are leaning toward making no major changes to minimum servicing fees while big sister Fannie is adamant on altering (in a major way) the payment landscape. Over the past two weeks Fannie has held at least two webinars on the subject. Webinar materials penned by the GSE and … (0 comments)

newport beach real estate: Strategy Requires Specificity By Richard Martin - 05/07/11 07:05 AM

Strategy always gains from specificity. It's even more important to be specific when planning and conducting the implementation of the strategy. A key role of the strategic leader is to move from general assertions to specific expressions of intent and then on to the actual plan of implementation.
Consider the Normandy Landings in 1944. Eisenhower didn't say "we will land somewhere in Europe and hope for the best." He and his staff had to decide on a specific country for the landings, a specific timeframe, a specific region, and a specific set of beaches for the beachhead. He also assigned specific … (0 comments)

newport beach real estate: Connecticut Man Admits Participating in Mortgage Fraud Conspiracies By Evan Nemeroff - 05/07/11 07:02 AM

By participating in two separate mortgage schemes, Stephen Kottage has pleaded guilty in U.S. District Court of Connecticut to two counts of conspiracy relating to these fraud cases.
According to court documents, Kottage conspired with others to commit wire fraud by making materially false statements to H&R Block Home Mortgage Inc. The type of fake statements made to mortgage company included a loan application, W-2, employment verification, and pay stub relating to a mortgage on a home on Fire Island, N.Y.
In addition, Kottage admitted to conspiring to commit bank fraud by submitting a false loan application to Washington Mutual to … (0 comments)

newport beach real estate: Banks Cash For Keys Paying $10-$30,000.00 | Defaulted Borrowers Paid To Move - 05/05/11 07:21 AM

In default, losing your home to foreclosure and running low on cash?
No worries!
......your friendly mortgage company may soon be offering you cold hard cash to move.
We have been hearing from Harris Real Estate University students across the US that banks have become very aggressive with their cash for keys offers....defaulting borrowers are now receiving $10,000...$20,000...$30,000+ to vacate the home. You read that right...someone hasn't made a payment (potentially for years) yet they are getting a little nice golden parachute as they retire from their lives as squatters...
..oh..and another thing. NO DEFICIENCY JUDGMENTS!
First, a partial article from … (0 comments)

newport beach real estate: GSE's align on delinquency management...finally! - 05/05/11 05:36 AM

newport beach real estate: 5 Closing Questions You Must Be Asking by Mike Brooks - 05/04/11 06:09 AM

I get a lot of ezine topic requests each week, and the majority of them are requests for different questioning techniques to use during the qualification stage. I'm glad to see these requests because it means people understand the importance of identifying and then spending time with buyers.I've written many articles over the years that address these kinds of questions, and if you've missed any of them I encourage you to visit my blog here.Recently, however, I got a request for questions that could be used during the close or presentation stage. That was a good question, and I'm going to cover 5 of … (1 comments)

newport beach real estate: How to Quote and Get Higher Commissions by Calvin Curry - 05/04/11 06:05 AM

Let's face it, selling a home is not easy. If it were easy there would be no need for the service that agents provide, right? We deserve to be paid well for closing a deal, so we might as well charge well to close it.
Here are a few sales analogies that you can use to quote and get paid higher commissions: Sales Analogies #1: "If you where a Realtor which home would you be the most motivated to sell?" Here's how I would present this sales analogy: Mr. Seller, what you pay me as a sales commission to … (0 comments)

newport beach real estate: Osama Bin Ladens $1Mil McMansion - 05/03/11 06:26 AM

Seems that not even Osama Bin Laden was immune to the temptations of building a McMansion during the housing boom. Bin Ladens 2005 bubble-era "Palace De Me" was...like most McMansions...the largest house in the neighborhood.
From the NYTimes:
It was hardly the spartan cave in the mountains that many had envisioned as Bin Laden's hiding place. Rather, it was a mansion on the outskirts of the town's center, set on an imposing hilltop and ringed by 12-foot-high concrete walls topped with barbed wire.
The property was valued at $1 million, but it had neither a telephone nor an Internet connection. … (0 comments)

newport beach real estate: Top 10 Most Expensive Homes For Sale In The U.S. - 05/03/11 06:23 AM

Interested in a home with 23 bathrooms? Perhaps interior marble columns, a private grill house, or three swimming pools are the must-have amenities you've been waiting for? These features and more make up our 2011 list of the most expensive homes for sale on Zillow. All priced above $50 million, this year's round-up is a mix of new extreme eye candy and some repeat performers from the 2010 list, including the Spelling Manor, which tops our list for a second time with an unchanged and staggering asking price of $150,000,000.
1. Spelling Manor (above)Location: Los Angeles, CAFor Sale: $150 Million
Not only does … (0 comments)

newport beach real estate: Madonna’s Fire-Ravaged Childhood Home On Market - 05/03/11 06:20 AM

Source: IMDb
Although one-name international phenomenon Madonna prefers to spend most of her time at her homes in London and New York, she grew up in a brick home in the neighborhood of Rochester Hills, about thirty minutes outside Detroit, MI. Madonna's childhood homehas now hit the market with a listing price of $48,600 - low even for an area near Detroit; median Rochester Hills home values are $173,400.
Madonna shared the two-story home with her seven siblings, leaving home at age 18 to attend a few semesters at the University of Michigan before dropping out to pursue a dance career in … (0 comments)

newport beach real estate: Home for Sale in Orange County, California - 04/30/11 08:14 AM

Sengdao VongruksukdiBroker /REALTOR® DRE License #01842392(949) 650-4746 Phone(949) 270-7586 FaxEmail: Sengdao@AmericanStarlight.com Website: www.NewportBeachRegionHomeSales.com CA Broker DRE License #01842392 CFL License # 603 F767Starlight Financial, Inc. dba Starlight RealtyT.E.A.M. Certified Mortgage Planner

Please click on the link(s) below to view property information.

Agent Full Report + Photos

The link(s) sent with this email will expire in 30 days on 5/30/2011.

Any information relating to real estate for sale referenced by this email comes from the Internet Data Exchange (IDX) of the SoCalMLS®. This email may reference real estate listing(s) held by a brokerage firm other … (0 comments)

newport beach real estate: It’s A One-Two Punch! Don King’s Double Mansion Estate Listed For $19,995,000 - 04/28/11 06:32 AM

Source: IMDb
Boxing promoter Don King has never been one to embrace moderation. From the over-the-top boxing match-ups to the stand-up straight hair, it's no surprise that King has a double mansion estate in Florida.
The beachfront combination of King's exclusive Manalapan real estate twin-set is priced at $19,995,000. The median list price of Manalapan has taken a major hit in the past few years. Currently, the median is $4,950,000, but as recently as January 2010, it was $10.5 million.
According to ShelterPop, one lot was developed in 1985 and the other followed in 1994, to create the ultimate, spacious Florida beach estate. The two-lot … (2 comments)

newport beach real estate: Goin’ Hollywood — Country Girl Taylor Swift Buys Beverly Hills Home For $3.97M - 04/28/11 06:26 AM

Deciding to join the rest of the stars in Hollywood, fresh-faced country superstar Taylor Swiftrecently purchased her own California digs. Swift snagged the private piece of Beverly Hills real estate for $3.97 million. Not too shabby when you consider the median Beverly Hills home value is $1.88 million.
The CoverGirl spokesperson has long made Nashville her home and recently purchased a luxury estate for her parents in the country music-centic city, according to US Weekly, but the 22-year-old singer was spending increasingly more time in California to justify her new purchase.
Swift's 2,826-sq ft Beverly Hills home was built in 1941, and unlike most Beverly Hills estates, it … (0 comments)

newport beach real estate: How To Talk To An Architect - 04/27/11 05:50 PM

Communication is everything in home design and at the start of a project it's critically important for the architect and client to learn about each other, and figure out how to work together towards great design.
And that's a huge part of what makes each project so personal and unique.
How well you and your architect communicate will affect how closely the design meets your needs and how much "you" ends up in the final project; after all, it's your house!
But you don't need a master's degree in architecture to have meaningful conversations with your architect; here are a couple … (0 comments)

newport beach real estate: 4 Ways to Get Out of a Sales Slump! by Mike Brooks - 04/27/11 05:50 AM

Let's face it - every now and then sales don't seem to be going our way and we can begin to get into fear about making our numbers, making our mortgage, taking that vacation, etc. While we may not be able to control the ebb and flow of sales, what's important is that we keep control of our attitude and expectancy level. In other words, keeping positive, reflecting on wins, and expecting success is what always drives a top producer through the seemingly slow times in sales.I like to compare keeping my attitude up to how a pilot tries to stay … (1 comments)

newport beach real estate: The Consequences Of Walking Away - 04/27/11 05:48 AM

Have you had a conversation with someone in the last 30 days about the consequences of walking away from your mortgage?
consequences of walking away from your mortgage?
If the answer is yes, you are not alone.
With an estimated 11 million people underwater on their mortgage, (owing more on their mortgage than their home is worth), even the most credit-worthy consumers are considering walking away from their mortgage.
"Walking away from a mortgage," or what's known as a strategic default, usually results in either a short sale or foreclosure and many people in this position are asking one simple question:
What are the … (1 comments)

newport beach real estate: Tony Danza’s Utah Ski Chalet For Sale - 04/27/11 05:45 AM

If stars aren't jetting off to a tropical island, they're heading up to the mountains to hit up an exclusive and luxurious ski area. Most of their resort homes are more like chalets than a ski cabins.
Actor Tony Danza's home fits into the chalet category. His mountain home is listed on the Park City real estatemarket for $2.7 million. The median Park City list price is $775,00 and Park City is considered to be one of the best ski resort towns in the U.S.
Best known for his role in the '80s sitcoms "Taxi" and "Who's the Boss?" Brooklyn-born Danza also received an Emmy nomination for … (0 comments)

Related Links: