Tag Archives: Distress Sales

Check Your Credit Report BEFORE Buying Your Next Home!

If your credit report is not good, you will not be able to get a loan or your interest rate and fees will be high. Continue reading

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Foreclosures Down Sixty Percent in SOCAL

According to Gregory J. Wilcox of the Los Angeles Daily News, there is good news for the real estate market as we look ahead to 2014. Foreclosures were down a full 60% all across Southern California in 2013’s fourth quarter. This is another indication that the housing market continues on a upswing. swingingsold

“In 2013, we got a better economy and a housing market that is much improved. Overall, this is good news as we look ahead to 2014. Still, the housing market will bump into supply constraints, and interest rates — still close to historical lows — are on the rise,” said Robert Kleinhenz, chief economist at the Kyser Center for Economic Research in Los Angeles.
As we enter into 2014 we will see more and more evidence of the healing of the realty market. Continue reading

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Banks are Foreclosing — Does this mean MORE inventory?

I just read this great article… 7 Banks Foreclosing on the Most Mortgages Most banks are servicing loans.  This list includes the percentage of underwater loans the bank has in FORECLOSED properties portfolio.  Check out this article to see who … Continue reading

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10 Predictions for the 2013 Housing Market

10 Predictions for Housing in 2013 DAILY REAL ESTATE NEWS | THURSDAY, JANUARY 17, 2013 The new year could be the best year in real estate in years, but the housing recovery still remains fragile and challenges remain, says Dave … Continue reading

Posted in a-El Segundo, a-Hermosa Beach, a-Long Beach, a-Manhattan Beach, a-Redondo Beach, a-San Pedro, a-Torrance, Hawthorne, Real Estate | Tagged , , , , , , , , , , | Comments Off on 10 Predictions for the 2013 Housing Market

How to write a Hardship Letter

The New York Times published this … If you are considering a loan modification or a short sale, you will need to proved a HARDSHIP LETTER. Writing the “hardship letter” Homeowners having trouble paying their mortgage are often required to … Continue reading

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