Carlsbad Residents in Foreclosure Caught Using a FOUR LETTER WORD!

Many Americans are Hoping for a Loan Modification

HOPE!

wikipedia defines hope as:

“A belief in a positive outcome related to events and circumstances in one’s life. Hope is a feeling that something desired may happen, when the outlook may or may not warrant it.”

When I traded stocks I was taught that four letter words hurt [...]

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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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Fannie May is Foreclosure Happy! They are foreclosing on homes that have been in default for a long time. Even if the banks employees caused the delays

They are foreclosing on homes that have been in default for a long time. Even if the banks employees caused the [...]

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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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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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