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Tags: 360 REALTY, Agents, los angeles real estate, los angeles short sales, North Hollywood, short sale experts, SHORT SALES, Short Sales
Today, the Administration announced important enhancements to the Making Home Affordable Program, including the Home Affordable Modification Program (HAMP), to expand the reach of the program to help additional homeowners stay in their homes and strengthen hard-hit communities. These enhancements will provide additional relief to struggling homeowners, renters, and their neighborhoods to accelerate the housing [...]
Tags: 360 REALTY, Agents, FANNIE MAE, foreclosure, FREDDIE MAC, HAMP, los angeles real estate, los angeles short sales, real estate, short sale expert
Do educate yourself. This is THE most important thing you can do. Short sales can be complicated. You need every bit of information you can get when you jump into the short sale process. Don’t wait until it’s too late. If you drag your feet and hide from the fact that you’ve stopped making mortgage payments, it will [...]
Tags: 360 REALTY, Agents, FANNIE MAE, foreclosure, FREDDIE MAC, los angeles real estate, los angeles short sales, short sale expert, Short Sale Q&A
“Pent-up demand.” That is the rallying cry of the housing bulls, as they forecast the great recovery of 2012. So many potential buyers are doubled up with family, stuck in undesirable rentals or just plain afraid to put their current home on the market, but that’s about to change, say these optimistic prognosticators. “Inventories [of [...]
Tags: 360 REALTY, Agents, FANNIE MAE, Federal Housing, FHA, foreclosure, FREDDIE MAC, homeowner, homeownership, los angeles real estate, los angeles short sales, mortgage, short sale experts, Short Sales, Single Family Homes
(MoneyWatch) COMMENTARY The holidays are over, the decorations have been taken down and New Year’s Eve has come and gone. We’re onto a new chapter of the real estate story, and everyone is hoping it’s better than the last one. There were some positive signs last year, but overall the market remained oversaturated and underperforming. [...]
Tags: 360 REALTY, Agents, Bank of America, california, California Short Sales, Countrywide, Federal Trade Commission, los angeles short sales, mortgage, Wells Fargo
The core problem with the current housing market is that most of the current activity is being driven by distressed sales. When mortgage rates were lowered, instead of boosting new home buyer activity you really saw a large surge of refinancing activity from those who already own. Good news if you own a home but little [...]
Tags: 360 REALTY, bailout, California Love, california-equity-giants, foreclosures, los angeles real estate, los angeles short sales, Luxury Homes
A short sale could fit the bill for a first-time homebuyer who has patience. In a short sale, the lender allows the home to be sold for less than the mortgage balance. As a result, prices often are affordable. On top of that, today’s mortgage interest rates are low. But short sales are complex and [...]
Tags: 360 REALTY, Buying Short Sales, los angeles short sales, real estate, real estate experts
Hollywood, that mythic land where movie drama was invented, suddenly finds itself caught up in its own real-life drama, one involving high-priced real estate and people taking on City Hall. In this storyline, the issue is whether it is time for a famously spread-out, freeway-centric city’s best known tourist destination to begin looking a little [...]
Tags: 360 REALTY, hollywood, los angeles short sales, real estate
MSNBC reports that the recent increase in short sales may be the relief that the housing market needs during its slow recovery. The number of short sales has increased by 26,000 this year following a jump in the number of foreclosures and short sales in 2010. According to the source, short sales may also be [...]
Tags: 360 REALTY, foreclosure, los angeles real estate, los angeles short sales, real estate, real estate experts, short sale expert
Thursday State lawmakers passed SB 401 which will exempt borrowers who lost their homes to foreclosure or short sales in 2009 from paying state taxes. State officials say as much as 100,000 people statewide will be spared from paying tax they otherwise would owe. The bill extends the state ban from 2009 through the [...]
Tags: 360 REALTY, credit, los angeles short sales, short sale vs forelosure, Tax Aspects Of A Short Sale
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