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FORECLOSURES HIT A RECORD HIGH – BIG SHOCKER!!

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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 is open to parents from any Temecula Valley Unified School District campus, but seating is limited and reservations are required. The sessions will be in the community room at the Temecula Public Library, 30600 Pauba Road. Information: council President Jeannie Hardy, 951-694-5655, orinfo@tvcpta.org. If you or [ ... ]

Short Sales to remain strong in 2010

Michael-Edward Cruz and Troy Huerta agree that Short Sale transactions will see an uptrend in 2010. Michael specializes in working with short sales South Orange County as well as communities in South Riverside County like Redhawk in Temecula California. Troy works with clients in North San Diego communities such as Carlsbad, Vista, Oceanside and San Marcos. They are working the short sale market and giving homeowners options to avoid foreclosure. They do not charge any ridiculous “fees” to get your process started. With a high success rate, they are looking for sales that can be completed. To find out if you [ ... ]

HAFA – The new government incentive for short sales

by Michael-Edward Cruz, California Real Estate Broker. Have you heard? The government is trying to motivate lenders to avoid foreclosure. According to statistics the sister program HAMP has been able to help about 9% of homeowners in trouble. Yes I said 9%, I think the average Realtor has been able to short sale about 20% without the extra help. We have been able to close about 95% of our short sales because we understand the process. And in my case 95% was never a number I thought was even possible. It took hard work and perseverance but I made it. I believe short sales have been an [ ... ]

Will 2010 be the year of Recovery?

According to some experts 2010 is set as year of recovery, largely in part to lender participation in short sales. According the the article, “At the start of the foreclosure crisis, she says, banks accepted about one in every 10 offerings on short sales. But as the crisis worsened, the number of short sale homes closing in escrow has improved to one in every five homes.” “Banks realize they typically are better off to close a short transaction than go through foreclosure,” Michael-Edward Cruz and Troy Huerta have been working on short sales transactions since day one and they have been able to work with [ ... ]

Are banks finally realizing that Short Sales are Better than Foreclosures???

We have been working for years trying to convince lenders that it was in there best interest to accept short sales. We have saved many people from the damaging affects of foreclosure on the record. If lenders do take a more proactive approach to short sales then we will be able to help more people than ever before. Michael-Edward Cruz Short Sale Broker Southern California 951-572-2789 michael@usbrinc.com