What are the prospects for Anaheim right now in bank-owned properties and short sales?   As of early February 2010 there were -233 homes for sale (110 short sales, 20 bank-owned) averaging $371,000. -133 condos for sale (87 short sales, 21 bank-owned) averaging $268,000.        Short sales and bank-owned properties average about 4% lower than standard house prices. This makes for a great investment over other types of property, though short sales make for a more difficult time in negotiating a price. For this reason many of them do not make it through closing. For buyers and sellers of short sales, it is necessary to make sure you work with an agent experienced in the negotiation process to ensure your home makes it through escrow. 02/24/2010

$ 0 COST SHORT SALE!!! WHY A SHORT SALE IS BEST FOR YOU, MORTGAGE PAYMENT TOO HIGH?  Attention Homeowners!     Absolutely no fees or cost to you. The loan balance on your property is greater than the value of your home. Gets you out from under a debt that you can't afford with no further recourse. Much better for your credit than foreclosure and allows you to re-enter the market in 2 years. Your loan modification was denied, you didn't receive principal reduction or you have been waiting months for any feedback. You already damaged your credit because your loan mod company or bank told you that you had to stop paying before getting a loan modification - now you have poor credit and an asset worth significantly less than you owe. A new payment from a loan modification is still more than ... 02/15/2010

RE/MAX Homes & Estates Pre-Foreclosure Division (714) 588 -7676 ∙  www.remaxann.com   If you are in a situation where: • You lost your job • Your Medical Expenses are too high • Just went through/going through a divorce • You are behind on your payments • You have no equity • You can't afford the cost of selling your home • Your income has been reduced • You are in foreclosure   WE CAN HELP YOU! It's easy and doesn't cost you any MONEY! Our services are Free!!! WHEN THE DEBT EXCEEDS YOUR HOME'S VALUE... we can help is with a SHORT SALE.   Benefits of a Short Sale: • Avoid Foreclosure • Avoid Bankruptcy • Reduced damage to your credit • Postpone your foreclosure sale date • A short sale will stay on your credit approx 3 years • BE FREE of financial and emotional burdens! We are licensed ... 02/08/2010

Yes, the property is VACANT but you CANNOT show it!! Let's take a moment and read that again. I had called on a listing over the weekend to see if I can show this one particular property to a client. As I scrolled down the computer to read the remarks section for showing instructions, I noticed that it showed as VACANT. Great! I thought this would be an easy showing. As I read further, it states that it will be DRIVE BY ONLY. Come again?! This makes no sense. The property is a Shortsale, it is ACTIVE, it is VACANT, it is even FHA-ok'd (shown in the remarks section)and the listing agent stated that it is DRIVE BY ONLY. How can he sell it this way? I attempt to call the L/A several times but no response. I even left a message to see if that would help but to no avail. I can understand if ... 01/24/2010

       If you are looking for an opportunity to gain valuable knowledge and skills in leadership, here’s your chance. Leadership Anaheim is offering a unique opportunity to individuals and organizations to enhance their skills and knowledge in civic and business engagement with the community and to widen their social networks by meeting key figures (Mayor of Anaheim, Police Chief, City Manager). But you must reserve a spot soon because they are limited.             Partnering with Vanguard University and other leaders, the program is constructed to be inspirational and allows you to participate in their Expert Leadership Training. This program will better yourself as a community member, a leader and a professional. Check out the flyer for the program here. Scroll down to the bottom and ... 01/08/2010

  What Else is there to Anaheim Besides Disneyland   If you are considering buying a home in Orange County, Anaheim is definitely a place to think about. There are many considerations one should take into account when looking for their next home, aside from place of employment. Anaheim is the center of entertainment in OC: Disneyland and California Adventure, Disney Ice, Anaheim Angels (or whatever they’re called now), the Ducks, the Anaheim GardenWalk and all those other place residents never go to once they actually live here. Those are great to check out once in a while, but besides the world famous entertainment what else does the city have to offer.   Farmer’s markets are a must, and Anaheim has a great one. Located in Downtown, vendors sell fresh produce, baked goods and handmade ... 01/05/2010

Wow - the market is surging with buyers for the low priced condos and for the low priced homes for sale.  Just today we received 6 serious buyer contacts for condos in Fullerton and Anaheim at the $200,000.00 and under range.  Fullerton real estate and Fullerton homes for sale have been in short supply, but the demand just keeps growing.  Now buyers for the Anaheim homes for sale in the lower price ranges are swelling too.  If we had 20-30 condos at $190,000 and lower, we could sell them all -- but they are not out there.  And when we do find one , there is already 3-5 offers in at above list price.  Tough market for the low end. Current Fullerton homes for sale, Fullerton homes , and Fullerton Real Estate guides plus an informative expert Real estate blog on all facets of homes and rea... 01/04/2010

     In one month, realtors Tom Moon and Hugh Elder, will be holding an event definitive of our times. The conference (the 2010 REO CON Summit Convention) they will be putting on will bring in experts from all around the country to discuss the opportunities in the foreclosure market. Keynote Speaker Christopher Thornberg of Beacon Economics (list of speakers)        Economists, investors, bankers and real estate researchers among others will be giving talks on how they think fortunes can be realized in the foreclosure market. They will discuss the current laws, have Q&A sessions and demonstrate how you can take part in the foreclosure market and be successful at it. Sounds like a huge event, with the potential for a huge turnout from the regions real estate community – I’m sure this eve... 12/29/2009

Make a Smilebox greeting Free advertising 12/27/2009

    The GardenWalk (GW), near Disneyland of Anaheim, California, was developed to attract high-end shoppers and diners with fancy restaurants and retail shops, but the GW has failed to attract the attention it needs. The owners have just defaulted on a $210 million loan, still owing $188 million on the loan, with the GW now going into foreclosure. Negotiations are still in process, so no date of foreclosure has been set yet. The timing for opening the GW less then optimal, right at the genesis of the economic crisis of 2008, and is the blame for bad consumer response to the opening of the GW. Many factors played into the default: not enough publicity, inconvenient parking for shoppers and the delay in the construction of two nearby hotels. Projections are being made that in the years to... 12/23/2009

Anaheim Short Sale Another success !!!!!!!! The seller had owned the home for 14 years and had refinanced multiple times. He had one loan for $ 490,000 We received an offer for $ 335,000 with in 4 weeks of listing agreement. The short sale took 5 weeks to get approved by the lender. Then 30 days to close escrow. 1st lender accepted $ 292,800 The bank paid all past due taxes, termite work, escrow, title and commissions. This seller received a full settlement.   Interested in short selling your home contact Ann Urias with ReMax Homes and Estates Pre-Foreclosure division.   www.orangecountyshortsalerealtor.com for more info. List with an experienced Orange County Short Sale Realtor. #01451803 12/22/2009

Tina, I just wanted to take a moment to tell you how much I appreciated the time and effort you put into selling my home in Anaheim. I began searching online for real estate information. I found your blog posts on Property Management and Short Sales. I was considering both so I emailed you. When we met over a year ago I was happy to find that you were professional and caring. You stayed with it even-though it was a "Short Sale" and Countrywide then Bank of America kept changing sales reps and constantly changing the terms of the short sale.  It takes a strong and dedicated agent to pull off such a difficult transaction. Thank you! H. Ray  November 2009 Posted By Tina Maraj If you are not sure if you qualify for a "Short Sale payoff" of your home loan or not please call me.I can give you... 12/09/2009

MY  SENSE ON THIS MARKET REPORT. Back in July 2008 Barron's cover story viewed the 21% decline in the inventory of unsold new single-family homes from  2006 peak as a sign the housing glut was easing-up. They have been wrong before as we can see. Where are we now in 2009?. There are no guaranties that the market will easing-up by 2010. We steel see our labor market and the California budget crisis as an element for keeping our housing market on the up's and down and no say when prices will stabilize. What would happen now that our State Governor is contemplating on  bankruptcy our State or become a Federal Territory?. Peter J Wallinson a fellow at the American Enterprise institute stated in 2008 that shrinking the Fannie and Freddie portfolio could take 3 to 5 years. Despite the bad new... 12/06/2009

My CPA has put it all down in one easy to understand briefing.  I have attached it as an "informed" professional testimonial for what the new law entails.  I am sure many have re-capped it in their own words, but I wanted to get it straignt from a pro who does this for a living.  Hope it helps all of you.   FIRST-TIME HOMEBUYER CREDIT UPDATE!  November 16, 2009 Dear Robert,  We are contacting you today to alert you to a significant change in the First-time Homebuyer Tax Credit that was written into the recently passed Worker, Homeownership, and Business Assistance Act of 2009. Especially as the close of the current tax year approaches, you may want to take certain steps to maximize your tax savings under the new law.  We are here to assist you and answer your questions.  First-time home... 11/20/2009

Anaheim Short Sale Another success !!!!!!!! The seller had owned the home for 14 years and had refinanced multiple times. He had one loan for $ 490,000 We received an offer for $ 335,000 with in 4 weeks of listing agreement. The short sale took 5 weeks to get approved by the lender. Then 30 days to close escrow. 1st lender accepted $ 292,800 The bank paid all past due taxes, termite work, escrow, title and commissions. This seller received a full settlement. Interested in short selling your home contact Ann Urias with ReMax Homes and Estates Pre-Foreclosure division. www.orangecountyshortsalerealtor.com for more info. List with an experienced Orange County Short Sale Realtor.   #01451803 11/18/2009

  San Francisco Chronicle: Legitimized leasebacks picking up momentumBy Carolyn Said11/11/2009Last week, Fannie Mae announced its new "Deed for Lease" program, which allows homeowners in default to lease their home from the lender in exchange for signing over their deed. Now housing advocates and some political leaders say the concept should be expanded further. They hope the government will prod banks to follow Fannie Mae's lead, and they propose leases of three to five years followed by the option to buy back the home. This is not as simple as it seems. Signing up a Deed back to the bank can bring complications, such as living the homeowners open for big liabilities on their mortgage delinquency if they are not able to negotiated a delinquency waiver and have it recorded settle as agr... 11/12/2009

Anaheim real estateis just getting crazy again  - run of the mill 4 bedroom home gets 4 offers in three days and then wants "last and best offers" to choose from.  Is this really happening again?  Sure is, for the very popular 350-450 thousand dollar range of homes for sale in Anaheim.  What happened to the buyers market?  Well, the supply has dried up so now all the buyers are fighting over the reachable priced homes in Anaheim.  My buyers chose not to participate, but 3 of the 4 others did offer a scecond and last bid.  Price went up by 30,000 dollars.  This will only stop when we have more inventory to sell - soon to happen I believe. Check for comparable neighborhood prices at www.foustonline.com, Home searches will help you to see what the market is saying.  Also review neighborhoo... 11/12/2009

Join RIAOC in it's new location and you'll join hundreds of commercial real estate investors. Each Tuesday morning you'll learn more about commercial real estate at this educational meeting. Kaaren Hall, President of uDirect IRA Services, LLC will speak about buying commercial real estate with a self-directed IRA. Date: Tues Nov 10th Time: 7:30am - 8:30am(networking) 8:30am - 9:30am (meeting) Location: 303 W. Lincoln Ave., Anaheim (NEW LOCATION for R.I.A.O.C.) ( The meeting will be held in the upstairs auditorium of Century 21 - Superstars. ( Location is 1 - 1/2 blocks east of Harbor Blvd. on Lincoln). www.RIAOC.com www.uDirectIRA.com 11/01/2009

  October 17: International Day for the Eradication of Poverty The United Nations designated this day to promote awareness of the need to eradicate poverty and destitution in all countries, particularly in developing countries - a need that has become a development priority. At the Millennium Summit, world leaders committed themselves to cutting by half by the year 2015 the number of people living in extreme poverty - people whose income is less than one dollar a day. My take on this subject. 2009 (14-16 May) at the Astir Palace resort in Athens, Greece The Bilderberg Group Meeting in secrecy to plot or plan the future of many nations and by a select number of politicians, bankers, and directors of large businesses. I can almost assure you that poverty is  a concern when these group tha... 10/23/2009

RE/MAX Homes & Estates Pre-Foreclosure Division  (714) 588 -7676 ∙  www.orangecountyshortsalerealtor.com   If you are in a situation where: • You lost your job • Your Medical Expenses are too high • Just went through/going through a divorce • You are behind on your payments • You have no equity • You can't afford the cost of selling your home • Your income has been reduced • You are in foreclosure   WE CAN HELP YOU! It's easy and doesn't cost you any MONEY! Our services are Free!!!  WHEN THE DEBT EXCEEDS YOUR HOME'S VALUE... we can help is with a SHORT SALE.   Benefits of a Short Sale: • Avoid Foreclosure • Avoid Bankruptcy • Reduced damage to your credit • Postpone your foreclosure sale date • A short sale will stay on your credit approx 3 years • BE FREE of financial and emotional bur... 10/20/2009