Every day I get up and go to work I have to face with the reality. How can we let this happen? Banks owning our homes!!!!.  "Ye who have the gold make the rules" or how do that goes? We cannot longer feel secure that we will have a job tomorrow, some like us are making good that we can't really see it. We are been shut down from every angle by our government who is giving the Banks more power and less regulations. Now Banks by asking homeowners to call when listing their home on a short sale (Pre-foreclosure), as Bank Of America did to some of my clients, have the opportunity to probe the homeowners and ask them if they are interested in given up their home. This individual at the bank was short of asking my client for a DEE-IN-LIEU. We know that this will carry greater risk and homeown... 10/19/2009

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 10/14/2009

Anaheim Ca, First Time Home Buyer Tips- Part 4: All About Sellers                                                                        So you are a First Time Home Buyerlooking to buy a home in Anaheim California. You are a unique individual and your search will vary in most respects from others who are looking to buy. There is always one constant though: you will be buying your home from a seller. Although all sellers vary just like buyers vary, there are 4 main types of seller. Knowing the difference between these sellers can help make your search more productive. First Time Home Buyer Tips- Seller #1- The Short Sale: A seller who has listed their home as a short sale is usually a seller who does not necessarily want to sell but they have no other choice. They have run into hard tim... 10/05/2009

Anaheim, Ca First Time Home Buyer-Part 3: Do & Don't                                                                                                         So you are a First Time Home Buyer looking to buy a new home or condo in Anaheim. You have chosen a great Realtor and are working with a wonderful loan officer who has pre approved you for your loan. Here comes the fun part. It is time to start searching for your home. Before you get started take a look at this list of First Time Buyer Do and Don't because the last thing you want is to run into problems now, especially if they can be avoided. First Time  Home Buyer Do 1: Continue to Save Money. During the time you are searching for homes and even when you have already found your home, saving money is always a smart thing to do. Even... 09/30/2009

Anaheim, Ca First Time Home Buyer: Part 2- How to Choose your Lender                                                                             When it comes to buying your first home, there are many choices you have to make. Making the right choice can mean the difference between a happy first time home buyer and disappointment. Chosing your lender and loan officer is a very important decision you do not want to go wrong on. First Time Home Buyertip 1: First things first, secure financing. Oh I know talking about finances is no where as much fun as going to look at homes but it needs to be the first thing you do. Sure you can start by choosing your agent as they can be a great resource in finding your lender, but before you start looking at homes you need to know what you qualify for.... 09/29/2009

When Anaheim Angel pitcher Nick Adenhart was tragically killed in a car crash the first month of the 2009 season, the team's year was in question.  Adenhart was 22 years old and the top pitching prospect in their organization.  He had just pitched 6 scoreless innings the night that he was killed. Led by one of the best managers in baseball, Mike Scioscia, the Angels came together as a team and rallied around their adversity.  Tonight, they beat the Texas Rangers and clinched the American League Western Division.  About 10 minutes into their  celebration in the clubhouse, the Angels surrounded and joyously soaked the jersey of Adenhart. The Angels have taken Adenhart's jersey on every road trip and kept his locker intact in memory.  The Angels then jogged to the outfield and touched Ade... 09/28/2009

Anaheim, Ca First Time Home Buyer- Part 1: How to Choose your Real Estate Agent                                                                                         This will be the first in a series of first time home buyer blogs that I hope will be beneficial to all first time home buyers looking for pointers on how to prepare for purchasing their first home. Buying your first home is both exciting and trying. Choosing the right agent can mean the difference between your first set of home keys and disappointment. Here are a few tips to keep in mind when searching for the perfect agent for the job. First Time Home Buyer tip 1: Chose an agent who specializes in working with First Time Buyers. This might seem like stating the obvious but many buyers do not understand why this is impor... 09/26/2009

AVOID FORECLOSURE, ALLOW A CERTIFIED DISTRESS PROPERTY EXPERT REAL ESTATE AGENT TO HELP EVALUATE YOUR OPTIONS •v     Are You Going To Fall Behind Your Mortgage Payment? •v       •v     Have You Received A Certified Letter From Your Lender or Servicer? •v       •v     Are You Going Through Any Hardship Situation That Is Contributing To Miss Your Mortgage Payment? •v       •v     Are You In Pre-Foreclosure or Foreclosure Procedures? •v       •v     Have You Received Correspondence Of Notice Of Default? •v       •v     Is Your Company Relocating You Or You Need To Relocate? •v       •v     Not Enough Equity To Refinance or Sell? No matter what your current situation is, my team and I are ready to help you overcome even the toughest situation. Let's work together to analyze your current fin... 09/25/2009

AVOID FORECLOSURE, ALLOW A CERTIFIED DISTRESS PROPERTY EXPERT REAL ESTATE AGENT TO HELP EVALUATE YOUR OPTIONS •v     Are You Going To Fall Behind Your Mortgage Payment? •v       •v     Have You Received A Certified Letter From Your Lender or Servicer? •v       •v     Are You Going Through Any Hardship Situation That Is Contributing To Miss Your Mortgage Payment? •v       •v     Are You In Pre-Foreclosure or Foreclosure Procedures? •v       •v     Have You Received Correspondence Of Notice Of Default? •v       •v     Is Your Company Relocating You Or You Need To Relocate? •v       •v     Not Enough Equity To Refinance or Sell? No matter what your current situation is, my team and I are ready to help you overcome even the toughest situation. Let's work together to analyze your current fin... 09/24/2009

Loan mod frequently asked questions Anaheim California Hello folks, a lot of you are concern about what steps, activities, requirements are necessary to do a loan modification, we have heard that a lot of people don't qualify for it, why? let's keep in mind that all loan matters are and will be always subject to the final investor approval. Who is your investor? Your investor is in few words the owner of your note, the owner of your loan. this person or corporation is not necessarily the financial insitution you see in your montlhy mortgage statement, this could be just a servicer. For example: if your monthly mortgage statement displays the ABC Mortage Inc. this could be only the servicer not the actual investor, if you are doing a modification or negociation a short sale, both types o... 09/24/2009

In the home inspection service industry, this deficiency is found and reported more frequently than all others. Hence, this article is long overdue.   I think the reason it is not given much attention and overlooked in California is our extremely dry climate. In fact, it has been several months since the last time we've had rain.  Because of this when it does rain, homes with inadequate grade can be predisposed to significant water damage and flooding.  The 2006 International Building Code was adopted by California and took effect January 1, 2008.  The grading rules are now in the mandatory code, not in the optional appendix; the minimum slope is now 5%; and optional methods and swales are now recognized.   When inspecting a home's grade, I look to see if the ground (whatever material i... 09/23/2009

SHORT SALE TIP The Mortgage Forgiveness Debt Relief Act  If I sold my home at a loss and the remaining loan is forgiven, does this constitute a cancellation of debt?   Does the Mortgage Forgiveness Debt Relief Act apply to debt incurred to refinance a home?   Do you want answers to these types of questions?The IRS speaks here. Our next Short Sale Tip will address how California is handling this issue.   As always, we recommend that you consult with your accountant or attorney to obtain advice as to how the information presented by the IRS will impact you. 09/18/2009

Anaheim, Ca Do It Yourself Loan Modification: Part 2   Do It Yourself Loan Modification step 6: So now you have gathered your documents and filled out your financial worksheet. Take a good look at the numbers. Do they make sense? If you have $3000 in income a month but have $5000 in expenses, for instance, make sure this is accurate. If you do not feel that you are negative $2000 a month then perhaps there is some income that you omitted. Make sure that you have included all income and expenses to give a clear picture.                                                                                             Do It Yourself Loan Modification step 7: Once you are sure you have calculated everything and your numbers are accurate, examine your situation. Let's take the example from earlier... 09/17/2009

Anaheim, Ca Do It Yourself Loan Modification: Step by Step Guide to processing your own loan modification. Part 1 Do It Yourself Loan Modification step 1: The first thing you want to do to process your loan modification is figure out your income. Gather pay stubs for everyone who works in the family and contributes to the mortgage. You want to figure out the net (what is brought home after taxes and deductions).  There is a trick to this depending on how you get paid. Let's say for instance you bring home $500 every 2 weeks. You may be tempted to put down you make $1000 a month but in actuality you make more because there are 52 weeks in the year.  So what you do is figure out your weekly pay which in this example is$250 x by 52 = $13,000 a year / 12 months= $1083.33 monthly income. If ... 09/17/2009

Anaheim, CA Do It Youreslf Loan Modification part 3 (last of the serious)....                                                                   Do It Yourself Loan Modification step 11: Once you have confirmed the lender has received your package, follow up consistently. You want to call the loss mitigation department at least once a week to check on your progress. Once you get assigned a loss mitigation negotiator try to get this persons contact information such as their email address, direct fax, and direct line. You want to make nice with this person because you don't want your case to be put at the bottom of the stack. You also want to be persistent. Follow up is key to success. Remember the people at the bank who are working on your file have at least 100 other files to work on. Th... 09/17/2009

Anaheim , Ca Short Sale vs. Foreclosure: 5 Reasons to Choose a Short Sale over a Foreclosure.                                                            Falling behind on mortgage payments is an unpleasant feeling but doing nothing about it and ending up losing your home to Foreclosure is not the best solution. Here are the top reasons why a short sale can help you and your family.                                                                                                              Your future home purchasing power: Just because things are bad now doesn't mean they will be this way forever. If a short sale is successfully negotiated, a homeowner can qualify for a Fannie Mae home loan in as little as 2 years.  On the other hand, a homeowner with a foreclosure on their record will ... 09/14/2009

All photographs are taken and posted by Sharon Paxson, copyright© 2009.  All rights reserved. Photographs may not be copied, or reproduced without the express, written permission of Sharon Paxson, Realtor, Prudential California Realty, Newport Beach.  Contact Sharon Paxson for permission for use of photograph, and permission may be granted in writing. 09/09/2009

Lo que ocurre cuando un prestamista no puede producir la nota original Un creciente número de propietarios de viviendas alrededor de el país está utilizando una defensa de ejecución que puede ayudarles a mantener sus casas. Se denomina " produce la nota " (como también conjuntamente propugnada por The Network de advertencia de consumidor) y queremos que sepa esto es no un mero tecnicismo que debe ser tratado ligeramente por el prestamista o por la Corte. todo el mundo necesita comprender la importancia de este problema. Cuando un prestamista no puede producir la nota original, lo que permite una ejecución proceder pone el propietario de casa en peligro de debido a que la deuda de nuevo a otro partido en el futuras. Por lo tanto, hay que tener mucha precaución antes de que puede permitir... 08/27/2009

My lap top was running so slow that opening a simple web page took a minute or two. I found a web site that will scan the memory already installed on your computer and will give you an upgrade option that is suitable.  http://www.crucial.com/systemscanner/index.aspx  . I took the test and printed out the info and drove to Fry's Electronics bought the memory ( only $12.00 ). I got home flipped over the laptop and installed the memory. This was my first time messing with a laptop. I also had the option of purchasing the memory online. When I open a web page now I click it and "bam"  like Emiril LOL. I can not believe what $12.00 did for me! 08/25/2009

    10 Popular Reasons for Obtaining a Reverse Mortgage. (At least in my experience!) Eliminate Monthly Mortgage Payment Replace Investment Income Lost Due to Market Performance Supplement Inadequate Retirement Income - It is amazing how many senior  homeowners are trying to make ends meet on less than $1300 a month! Repair and complete Deferred Maintenance on an Older Home. Help Out Family Set Up Credit Line For Future or Immediate Replacement of Lost Income Due to     the Death of Spouse. Payoff Other Debts (Credit Cards, Automobile Payments) Set Up Credit Line to Fund In Home Health Care. Large Purchase -  Vacation Home, Investment Property, Motor Home, Car Remodel & Add On to the Home. Thanks for the reminder! One of the newest reasons to get a reverse mortgage.  Buy A New Home with... 08/20/2009