short sale agent corona: How Soon Before the Bank Takes My House? - 07/09/10 08:09 AM
How Soon Before the Bank Takes My House?
I'm often asked this question by homeowners who are facing difficulty making mortgage payments.  Of course, there is no 'one' answer that fits all situations however these are the major milestones if you are having trouble making your payments on your Inland Empire home.  My area of expertise is as a real estate professional, not a legal or tax expert, and my comments should not be construed as legal or tax advise.  I encourage all homeowners facing a mortgage payment problem to seek legal and tax advise from qualified individuals.
1. Payment Default Date … (8 comments)

short sale agent corona: My Successful Short-Sale Process - 03/26/10 12:15 PM
I am frequently asked for how I successfully handle a short-sale transaction.  Here are the highlights of how the process usually works:
Review Options. A homeowner in a distressed situation has five alternatives that they need to evaluate with their tax and legal advisors.  These options are loan modification, deed-in-lieu of foreclosure, bankruptcy, short-sale or foreclosure.  I make sure that the homeowner has fully reviewed and understands these options prior to entering into a listing agreement.
Determine Eligibility.  A homeowner who wishes to sell a property when it is underwater (they owe more than the property is worth) will need to qualify … (3 comments)

short sale agent corona: Eastvale Market Report - February 2010 - 03/05/10 11:26 AM
Eastvale single-family home inventory showed continued signs of price stability in January 2010 however sales volumes are down both month-over-month as well as year-over-year. 
February 2010 Summary Results: 
Sold prices ranged from a low of $295,000 to a high of $450,000 Price per square foot ranged from a low of $94.03 to a high of $175.75 Days on market ranged from a low of 0 days to a high of 196 days Sale-price to list-price ratio ranged from a low of 0.65 to a high of 1.18 Total sales were 62 single-family homes Average selling price in February 2010 was $382,986.  The lowest … (0 comments)

short sale agent corona: Rancho Cucamonga - 91737 - Market Report - January 2010 - 02/08/10 02:55 AM
Rancho Cucamonga - Alta Loma zip code 91737 single-family home inventory showed continued signs of price stability in January 2010 with sales remaining consistent month-over-month and up compared to January 2009. 
January 2010 Summary Results: 
Sold prices ranged from a low of $340,000 to a high of $932,500 Price per square foot ranged from a low of $154.50 to a high of $231.36 Days on market ranged from a low of 8 days to a high of 142 days Sale-price to list-price ratio ranged from a low of 0.93 to a high of 1.08 Total sales were 13 single-family homes Average selling price in … (0 comments)

short sale agent corona: Eastvale Market Report - January 2010 - 02/07/10 05:37 AM
Eastvale single-family home inventory showed continued signs of price stability in January 2010 however sales volumes are down both month-over-month as well as year-over-year. 
January 2010 Summary Results: 
Sold prices ranged from a low of $295,000 to a high of $543,000 Price per square foot ranged from a low of $85.33 to a high of $150.47 Days on market ranged from a low of 0 days to a high of 396 days Sale-price to list-price ratio ranged from a low of 0.97 to a high of 1.16 Total sales were 57 single-family homes Average selling price in January 2010 was $382,986.  … (0 comments)

short sale agent corona: The Power of Active Rain & "Short-Sale Agent Corona" - 01/28/10 01:34 AM
My community of Corona, California is a small but bustling suburb in the Inland Empire about 50 miles east of Los Angeles.  I have been a limited time contributor to Active Rain but even with limited time to blog I have met with success due to "The Power of Active Rain".
A couple of years ago I created a number of blogs about my short-sale listings in Corona and surrounding communities.  One day I received a call - quite short and to the point - from a man who simply said "I want you to list my house.  Can you meet … (3 comments)

short sale agent corona: TOO LATE!! 1005 Driftwood Street, Corona, CA 92880 - 04/20/08 06:38 PM
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