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The latest Foreclosure and Real Estate News affecting Southern California
5 Strategies to Rebuild Your Credit after Foreclosure
By Pamela Yip
RISMEDIA, November 30, 2010—(MCT)—If you've been through a foreclosure, you may wonder if there is hope for you to become a homeowner again. ...
Setting Clear Expectations Helps Create a Streamlined Short Sales Approach
By Daniel Manzano
RISMEDIA, December 1, 2010—Anyone that works in the real estate industry knows that a short sale transaction can take months to be approved and closed. While short sale approvals can be completed in...
National Civil Rights Groups Renew Call for Immediate Moratorium on All Home Foreclosures
RISMEDIA, October 8, 2010—National civil rights groups, including the Leadership Conference on Civil and Human Rights, the National Fair Housing Alliance, National Council of La Raza, the NAACP, and the Center...
Homeowners Hope for Easier and More Streamlined Modification Rules as Result of Foreclosure Probe
By Rick Rothacker
RISMEDIA, November 12, 2010—(MCT)—Union County, N.C., homeowner Barry Lancett signed two agreements with a national lender this year to modify the terms of his mortgage but still received a....
The Impact of Short Sales on Your Home and Our Community
COSTA MESA, CA, Dec 09, 2010—No matter where your financial status falls in today’s wide economic spectrum, an understanding of real estate short sales and how they affect the value of all homes within...
Options for Avoiding Foreclosure
COSTA MESA, CA, Dec 09, 2010 – As the headlines tell us, foreclosures continue to plague our communities and our economy at large. According to Bill Plattos, Executive Vice President/Broker of...
Shortening the Short Sale - How to Create a Win-Win Situation for Everyone Involved
By Brien McMahon
RISMEDIA, December 9, 2010—In today’s complex housing market, real estate agents are handling an increasing volume of short sales. While many agents view short sales as a win-win for both homeowner...
Strategic Default – What You Need to Know Before You Decide to Walk Away
By Jamie Smith Hopkins
RISMEDIA, October 1, 2010—(MCT)—The moving truck pulled away from the curb, loaded with Wallace Farmer’s possessions. He locked the front door for the last time and left town—clutched by a...
The Short Sales Pipeline: What’s Being Done to Get Them to the Table
By Alan J. Heavens
RISMEDIA, October 2, 2010—(MCT)—Despite industry and government efforts to make short sales—transactions in which the lender agrees to accept less than the mortgage amount owed by...
Will Foreclosure Freezes Fix the Housing Market?
Op-ed by Ilyce Glink
RISMEDIA, October 6, 2010—(CBS MoneyWatch)—On Friday, Bank of America announced that it would suspend foreclosures in 23 states while it amended filed paperwork. That makes B of A the...
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