HAFA CONSUMER ALERT

We are proud to provide the following…

Supplemental Directive 09-09 November 30, 2009
Introduction of Home Affordable Foreclosure Alternatives – Short Sale and Deed-in-Lieu of Foreclosure
CLICK HERE TO DOWNLOAD YOUR FREE COPY

Michael-Edward Cruz
California Real Estate Broker
01758933

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Are you in danger of losing your home to foreclosure? Why not rent?

For what you pay for (or are not paying) on  small home, you could rent a mini mansion

Example:   This home is in San Bernardino County the mortgage is 399,000.  With a 7 % interest rate the payment is about$ 2654.55. plus taxes and insurance $3150 per month. Its now worth about 130,000

Your loan [...]

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Giving Back to Our Community with RED DAY

Sponsored by Keller Williams Carlsbad, Wells  Fargo and Brickman along with other friends and business partners came together to spruce up a home in the Community of Oceanside California.

We started at 7:30 am until around 2:00 pm and as a team we were about to completely change the look of this home to the delight [...]

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Why Short Sales Fail Series - HOA and Second Lenders

http://www.youtube.com/watch?v=ju2SpPmhxKs

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Type of Sales that dominate the Temecula Redhawk Area – March 2010

What type of sales dominate the Temecula Redhawk market?

See below

If you need a Real Estate Team that understands the market, give us a call.

Real Estate Insight Team
Keller Williams
Short Sale Experts
951-572-2789
760-689-BANK (2265)

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Sales Report for Southern Temecula – Redhawk Area Dec 09 to present

3 Bedrooms

AREA
BEDS
BATHS
SQ FT
LOT SIZE
LISTED
SOLD
DIFFERENCE
DAYS OF MARKET
SALES TYPE
PROPERTY TYPE

Temecula – South (213)
3
2
1001
6534
$        139,000
$        155,000
$16,000
174
Short Sale
Single Family Residence

Temecula – South (213)
3
2
1138
7840
$        169,900
$        176,000
$6,100
49
Bank Owned
Single Family Residence

Temecula – South (213)
3
2
1138
7840
$        175,000
$        179,000
$4,000
7
Short Sale
Single Family Residence

Temecula – South (213)
3
2
1205
6098
$        165,000
$        180,000
$15,000
237
Short Sale
Single Family Residence

Temecula – South (213)
3
2
1234
5662
$        158,400
$        165,000
$6,600
25
Bank Owned
Single Family Residence

Temecula – South (213)
3
2
1237
6534
$        210,000
$        215,000
$5,000
27

Single Family Residence

Temecula [...]

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BREAKING NEWS REGARDING FHA

According to the guys at the TBWS Daily, the National Association of Mortgage Brokers conferance put to sleep the rumor that FHA down payment requirements were going to climb from 3.5% to 5%.

We will update you as soon as the official statement is released.

If you or someone you know is in danger of losing your [...]

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NEW SHORT SALE APPROVAL - CHASE

Approved Short Sale for February 2010

We just got an approval for a short sale in Bellflower – FHA Buyer ready to close in 7 days!
Great job team!

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Mortgage Modification Hell

I have personally helped many people modify their home loan. But with so many predators out there the State of California made it illegal to charge for these services. Still when people try and do this on there own it takes a toll on them.

Their is no way to guarantee anyone that a modification will [...]

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