Topics of Interest

Short Sale Team Leader

Troy Huerta

Call Michael!

Testimonials

We are so happy with Michael's company. We had purchased a home in Hemet at the height of the market for my mother and myself to live in. But my commute to Anaheim was killing me and if my mother needed anything from me, I would be unable to help her.

Michael and his team we able to short sale our property and now I am planning to buy a home for my mother and I in the next couple of years.

I would really recommend there services to anyone.
Maria Esperanza
Short Seller

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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US banks turn to short sale strategy

by Michael-Edward Cruz – California Real Estate Broker 951-572-2789

I found a promising article detailing how some lenders are beginning to shift their focus from foreclosure to short sales. Unfortunately I could not link to it on my blog due to copyright laws.

Some Lenders are now considering short sales as a real solution. AFTER the mass [...]

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Fed up homeowner fights back!

from pablos77 at msn.com forum
They posted the following
” I started to get a mod from Citi in March of 09. The first two slimes told me that if I was current on the payments they wouldn’t work with me. I couldn’t believe they would tell me that so after the first one [...]

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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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Banks have declared war -- on you

I personally do not use credit cards any longer. I would rather deal with the mob when borrowing money. At least they kiss you before they _ _ _ _ you.

Here is an interesting article I found that illustrates the banks creative way to boost profits, even with Government intervention.

Like I keep telling people, all [...]

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BANK OF AMERICA FORECLOSES ON THE WRONG HOUSE!! AGAIN!!

With Banks coming out on top with the bail out money, making BILLIONS on ridiculous overdraft fees that hurt those weakest to fight back and being able to make a double profit on foreclosure by buying other banks bad debt cheaper then getting government money……

You would think that they would at least stick to foreclosing [...]

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Temecula Short Sale Experts - Community News

Parent workshop to be held in Temecula

The Press-Enterprise

The Temecula Valley Council PTA will sponsor a free, two-part, workshop on creating school-family-community partnerships from 10 a.m. to 1 p.m. Tuesday and Feb. 23.

The workshop will include information on parent information resource centers, ways parents can get involved in schools and other topics.

The workshop [...]

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