Downey, CA Real Estate News

There's a program that was rolled out in April that aims to prevent homeowners to fall into foreclosure. It is called HAFA, the Home Affordable Foreclosure Alternatives Program. The intent of this new program is to facilitate the sale.   The summary of the guidelines are as follows:    * Complements HAMP by providing a viable alternative for borrowers (the current homeowners) who are HAMP eligible but nevertheless unable to keep their home. * Uses borrower financial and hardship information already collected in connection with consideration of a loan modification. * Allows borrowers to receive pre-approved short sales terms before listing the property (including the minimum acceptable net proceeds). * Requires borrowers to be fully released from future liability for the first mortgage d...
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In my blog we discussed that if you are planning to short sale your Downey home and you have a HELOC as a second trust deed you have to take steps in order to avoid being sued for any balances owed. Feel free to see the full report by clicking above or if you prefer see the video below for the full report.   Wells Fargo started to sue over balances owed on HELOCs late last year. Expect for Wells Fargo to start ding this in California soon and other banks to follow their lead.   One of the things to remember is that banks are trying to recoup lost money at all costs. We can't blame them right? It is their business to do that.   However, it is also YOUR DUTY to protect yourself and your family. Please see the video below for the surprising answer to stop banks dead in their tracks if they...
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By Carlos Arvizu, (R.V. Zoo)
(Carlos R. Arvizu Sr. with Prudential California Realy)
A Word of Wisdom Thought for Today; "A word of encouragement is all an inquisitive mind needs to propel  themselves to excell beyond their own internal belief system~ as this  is the food that gives them stregnth to say I can do it. "Carlos R Arvizu SrWells Fargo Home Loans562-755-3856TheDon1950@aol.com
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By Andi Grant, Helping 1st time buyers and home sellers in LA!
(310-508-4354 | FirstTimeHomeBuyerRealEstate.com)
 DOWNEY CA HOMES FOR SALE by Price Range!   There are close to 200 Downey, CA Homes and Condos for Sale.  Whether you need a starter home or looking to upgrade, your Downey Home Search begins here!  Be sure to check out the very affordable 4 bed/3 ba 1800+ sq ft Downey home at 7508 2nd St. for $399,999.  Or the super luxury 8 bedroom/8 bath home at 9139 Raviller that boasts over 7300 sq. ft of living space! Homes for Sale in Downey Between $0 - $100,000 Homes for Sale in Downey Between $100,000 - $200,000 Homes for Sale in Downey Between $200,000 - $300,000 Homes for Sale in Downey Between $300,000 - $400,000 Homes for Sale in Downey Between $400,000 - $500,000 Homes for Sale in Downey Between $500,000 - $2,500,000 Search for homes by price in the following nearby cities as well: Los An...
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By Andi Grant, Helping 1st time buyers and home sellers in LA!
(310-508-4354 | FirstTimeHomeBuyerRealEstate.com)
NORTH DOWNEY CA REAL ESTATE - Buyers and Oooo - Ahhh Real Estate     North Downey CA is a coveted section of Downey, CA.  From the moment you get off the 605 Freeway and head west on Lakewood Blvd you know your not in Kansas anymore.  New buyers can't seem to drive through North Downey without the occasional Ooo or Ahhh escaping their lips.  The grand homes whether they are the newer mansion style or the single story ranch of old have helped to put North Downey CA on the map for homebuyers seeking affordable luxury real estate (yes here North Downey the two adjectives can go together).  Manicured lawns and wide tree-lined streets arrayed in various gold and green hues throughout the seasons make North Downey CA the jewel of Downey.        North Downey CA homeowners are usually those loo...
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By Andi Grant, Helping 1st time buyers and home sellers in LA!
(310-508-4354 | FirstTimeHomeBuyerRealEstate.com)
  Check out the hundreds of Downey CA Homes for Sale in your specific price range HERE as of 3/12/10!  For instance this lovely Downey CA home located on Pangborn Ave. in the coveted area of North Downey.  It features 3 Bedrooms, 2 baths, Large Family Room, Dining Room, Spacious Kitchen with Granite Countertops and Newer Appliances. Master Bedroom and Bath Suite, Hardwood Floors, Cathedral Ceilings and Fireplace. Terraced and manicured yard with firepit. An entertainer's dream! SHOW & SELL. THIS HOME HAS SOLD! More Downey Homes for Sale by Price $0 - $200k $200k - $300k $300k - $400k $400k - $600k $600k - $800k $800k - $1M Over $1M All Downey Downey Homes for Sale by Bedroom 2 Bedrooms 3 Bedrooms 4 Bedrooms 5 Bedrooms + Search Downey Condos Search for homes in the following nearby citie...
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By Mark Velasco, Top Producing Broker Associate
(West Shores Realty)
If anyone out there has any discounted luxury homes in So Cal, send them my way. I am now working with a Buyer that buys luxury homes at 80-90% of their value and then resells them quickly. If you have any Sellers that need to sell NOW, send me an e-mail. He buys cash and closes fast. They can be divorce, probate, or even Short Sales. We will be in touch. I pay for referrals (of course)   If you know of clients who may need some help in the So California, feel free to send them to my site: www.SanGabrielValleyHomeSearch.com Be sure that you send me an e-mail with you and your clients' name and information.  I pay 25% for referrals...so let's get to work. Thanks-- velascomark@yahoo.com  (626) 392-9499 Direct. Search MLS: Arcadia, San Marino, South Pasadena, Los Feliz, Downey,& Whittier, ...
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By Byron Valencia
(Quantum Realtors)
               Are you tired of Loan Modification Promises ?   Are you forced to Short Sale because Loan Mod did not work?                Do you want results and not just false promises?              I am going to make this very short and sweet.              Call me and i will take care of that little problem for you.  It's That simple.             My phone is always on  and  I do respond to emails , texts  and all incoming calls .                       562-746-5798 ( blackberry)            reotalk@gmail.com
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By Andi Grant, Helping 1st time buyers and home sellers in LA!
(310-508-4354 | FirstTimeHomeBuyerRealEstate.com)
Downey, CA Real Estate for Sale by price range!  As of 2/15/10 here are the latest homes for sale.  Be sure to check out the new construction standard sale on Vultee Ave. in the highly desirable area of Northeast Downey, CA!  Call me for details at 310-508-4354: Properties for sale:  Downey Homes by Price $0 - $200k $200k - $300k $300k - $400k $400k - $600k $600k - $800k $800k - $1M Over $1M All Downey Downey Homes by Bedroom 2 Bedrooms 3 Bedrooms 4 Bedrooms 5 Bedrooms + Search Downey Condos  
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By Mark Velasco, Top Producing Broker Associate
(West Shores Realty)
                                                                                                 I will do the following things:1. I will have a regular communication schedule (weekly or biweekly) to provide regular Buyer feedback.2. I will send copies of ALL ads and marketing materials.                            3. I will make you a part of the process (input is welcome and accepted)4. I will NOT Disappear.5. I will get the Highest and Best home price in the shortest possible time.                                     Click here to find out: What is my home worth? If you know of clients who may need some help in the So California, feel free to send them to my site: Search MLS: Arcadia, San Marino, South Pasadena, Los Feliz, Downey,& Whittier, CA.
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By Andi Grant, Helping 1st time buyers and home sellers in LA!
(310-508-4354 | FirstTimeHomeBuyerRealEstate.com)
Search for Downey, CA homes by your price and budget! Here are the latest listings that meet your price range criteria: Downey Homes by Price $0 - $200k $200k - $300k $300k - $400k $400k - $600k $600k - $800k $800k - $1M Over $1M All Downey Downey Homes by Bedroom 2 Bedrooms 3 Bedrooms 4 Bedrooms 5 Bedrooms + Search Downey Condos Search for homes in the following nearby cities by price as well in Los Angeles, Lakewood, Bellflower, and Carson   
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By Mark Velasco, Top Producing Broker Associate
(West Shores Realty)
My key qualities are that I do my homework, I know my contracts, and I am a great negotiator.  Most money is saved/lost during the Buyer's contract offer.  A great Agent does NOT concede every little detail of the transaction to get the sale.  Each "detail" can cost anywhere between $50 to $6,000.  Are you ready to save some money?   I will do the following things:   1. If I am not available, I will return your phone calls quickly/promptly.       2. I will give you prices for comparable (comps) properties.  3. I will show you ONLY properties that fit what you are looking for.  4. I will let you know FIRST when any great deals come up.  5. I will negotiate the best possible deal on your behalf.   Search my site: www.SanGabrielValleyHomeSearch.com   Your REALTOR serving: Hacienda Heights...
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By Nevin Williams, Senior Mortgage Advisor
(Fairway Independent Mortgage Corporation)
  Click on the house below for current mortgage rates for Downey and Los Angeles County.  Short sales are dominating the first time home buyer market in Downey and many parts of Los Angeles.  A new homebuyer needs an agent that knows how to negotiate short sales and understands the contracts.   Andi Grant has years of legal experience.  Combine this with her real estate knowledge and you have a powerhouse agent that will get the job done.  It's hard to find a great agent so give her a call today!    If you're looking at homes for sale or short sales  in Downey or Los Angeles county, make sure you find out how much house you can buy before you make an offer to purchase.  Without a pre approval your offer will likely not even be considered.     Click below for current mortgage rates     ...
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By Mark Velasco, Top Producing Broker Associate
(West Shores Realty)
This Blog officially makes my 100,000th point here on Active Rain. I wanted this Blog to be especially sentimental. I began thinking about the things that matter to me: family, friends, and my wife (of course). I am much too busy for bars and clubs...so...okay...I met my wife on the internet. It was a dating site for singles. I saw her picture and then I read her profile (this was my first impression of her). Like it or not, I had my first impression of her BEFORE I even met her or spoke to her. I know that it doesn't sound fair. However, in the internet realm...your profile is your first impression. Having said this, let me ask you a few important questions:      -Is your picture professional and current?      -Did you take the time to relly show WHO you are?      -Is the information o...
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By Mark Velasco, Top Producing Broker Associate
(West Shores Realty)
My key qualities are that I do my homework, I know my contracts, and I am a great negotiator.  Most money is saved/lost during the Buyer's contract offer.  A great Agent does NOT concede every little detail of the transaction to get the sale.  Each "detail" can cost anywhere between $50 to $6,000.  Are you ready to save some money?   I will do the following things:   1. If I am not available, I will return your phone calls quickly/promptly.       2. I will give you prices for comparable (comps) properties.  3. I will show you ONLY properties that fit what you are looking for.  4. I will let you know FIRST when any great deals come up.  5. I will negotiate the best possible deal on your behalf.   Click here to see: Mark's Home Site: If you know of clients who may need some help in the So...
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By Mark Velasco, Top Producing Broker Associate
(West Shores Realty)
Historically, the time between Thanksgiving and New Year's Day have been the best time to buy a home. Many Buyers are too busy with cooking, entertaining and buying presents to be able to shop for homes. The amount of competetion is low and sellers know that there will not be many offers during this time. Maybe you can get a deal? Click here to see: Mark's Home Site: If you know of clients who may need some help in the So California, feel free to send them to my site: SanGabrielValleyHomeSearch.com Be sure that you send me an e-mail with you and your clients' name and information.  I pay 25% for referrals...so let's get to work. Thanks-- velascomark@yahoo.com  (626) 392-9499 Direct. Buyer's ONLY Link: Your REALTOR serving: Hacienda Heights, Downey, Whittier, and Pico Rivera,CA.  What is...
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By Benny Chavez
(THE CHAVEZGROUP AT COLDWELL BANKER PREVIEWS INTERNATIONAL)
Well here's the truth America! Your favourite realtor hasn't been in the real estate business long! To be truthful it's only been about 2 years and a few months...that little time span is enough to tell you that it's been a struggle and I have learned so much in such little time. I recently took a regular sale, yes that's right I didn't stutter a regular seller who can choose to sell his home if the price is right without have a bank tell him what's right or wrong. Well before I took this listing, I was working and still continue working with buyers. These buyers were overly qualified in the sense that they were definetely able, ready, and willing! With 20% down payment, and making offers based on comparative market analysis with criteria like 3 months solds, 1/2 mile radius, and the be...
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By Carlos Arvizu, (R.V. Zoo)
(Carlos R. Arvizu Sr. with Prudential California Realy)
Carlos R. Arvizu Sr. California writes: The problems were facing today such as jobs, the economy, the housing market, and national security far outweigh the President of the United States desire to pass a bogus health care package down our throats, especially the 1000 plus pages of garbage.  Politicians be prepared to lose in the 2010 elections, regardless of your party affiiations, be you a  democrat, republican or indepndant, the American people can only take so much and if you dare pass legislation such as the crap you have on the table right now. Americans can only take so much abuse.  Once you back us up into a corner, our patients only goes so far, don't expect the American public to buy into this outright fraud against every hard working American. President Obama and the gang of ...
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By Carlos Arvizu, (R.V. Zoo)
(Carlos R. Arvizu Sr. with Prudential California Realy)
It looks like we let the "Fox in the Hen house"  Am I the only one to see through this mess.  The Federal Reservve caused this mess, yes the Federal Reserve.  Back in the last Quarter of 2005, Chairman Greenspan had the chance to re-correct the market to a slow and soft landing by stopping the quarter point increases in the Fed Funds Rate.  It takes normally 6 to 9 months for the market to react, instead the FEDS Choose to stop raising rates well into 2006 and took a wait and see attitude for well over a year plus several months to make a move to lower rates to counter act and the market.  The Feds found themselves chasing the market with large moves to lower rates back in September of 2007,the market got out of control, to complicate matters, the other entity that controls Fannie Mae a...
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By Carlos Arvizu, (R.V. Zoo)
(Carlos R. Arvizu Sr. with Prudential California Realy)
Recently, Senator Alex Padilla,D San Fernando introduction or revival of SB407 Point of Sale retrofit requirement that all sellers of residential real estate would be burden with a cost that has far reaching affects that many homeowners can ill afford.  This is not the time when homeowners have been facing a deep resission, high unemployment, and for what, another backdoor buracractic department to collect fees for the state.  Perhaps Senator Padilla doesn't reconize the real problems of the state, it's called living within your means.  Cut back on salarlies and those expensive trips he's been taking, perhaphs if stayed a home, maybe he'd realize his low flow toilet requires him to flush it 2 and 3 times to make it go down, what ever the case, maybe he's in bed with those energy retrofi...
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