SHORT SALE AND FORECLOSURE BLOG

When tackling home remodeling projects, you’ll find some projects pay off more than others at times of resale. Remodeling Magazine, in conjunction with REALTOR® Magazine, recently released findings of its annual Cost vs. Value report for 2011-2012, revealing which remodeling projects offer the biggest bang for your buck. Overall, the trend right now is replacement over [...]

Tags: 360 REALTY, Agents, Cost vs. Value, Home Improvement, Home Value, property, real estate experts, Remodeling

RVINE, CA, Jan 26, 2012 (MARKETWIRE via COMTEX) — RealtyTrac(R) ( www.realtytrac.com ), the leading online marketplace for foreclosures, today released its Q3 2011 U.S. Foreclosure Sales Report(TM), which shows that sales of homes that were in some stage of foreclosure or bank owned accounted for 20 percent of all U.S. residential sales in the [...]

Tags: 360 REALTY, Agents, bank owned, buyers, foreclosure, investors, los angeles real estate, pre-foreclossure, property, REO, short sale expert, Short Sales

The City Council today voted to move forward with the “Clean Hands” Ordinance, a new ordinance modeled on a 25 year old LA County law that prohibits a contractor from pulling permits (e.g., for grading work) when in violation of codes or regulations (e.g., doing grading work without a permit). If passed, the new ordinance would [...]

Tags: 360 REALTY, Agents, Building Permits, los angeles real estate, property

For over a year now, state attorneys general have been negotiating some kind of settlement deal with the nations four largest lenders, as well as several smaller ones. The settlement pertains to faulty foreclosure processing, first uncovered in October of 2010 and now commonly referred to as “Robo-signing.” Rather than dozens of lawsuits, the states [...]

Tags: 360 REALTY, Agents, california, foreclosure, los angeles real estate, Politics, property, real estate, real estate los angeles, Short Sales

Companies often hire employees from out of the area or transfer existing employees to another office. When this happens, a relocation package — or RELO as it’s known in the real estate world — may come into play. Usually a third-party RELO company handles nearly all aspects of the employee’s home sale on behalf of the employer. [...]

Tags: 360 REALTY, Agents, MOVING FOR A JOB, property, real estate, real estate experts, RELO COMPANIES, RELOCATION COMPANIES, RELOCATION PACKAGES

On December 19, 2008, the City of Los Angeles added Ordinance No 180441  to the Los Angeles Rent Stabilization Ordinance (“LARSO) to regulate the grounds for eviction of tenants from foreclosed residential rental properties.  The amendment only applies to properties that are purchased at a foreclosure sale on or after December 17, 2008 by a [...]

Tags: 12 reasons for eviction, 360 REALTY, countrywide short sales, eviction, foreclosures, los angeles real estate, los angeles short sales, Ordinance No 180441, property, rent control los angeles