Freddie Mac just released this video about foreclosure fraud schemes. It’s only a few minutes long, but gets the point across quickly. If you know someone who is behind on their mortgage, there are many ways they can minimize the damage, but signing off on the deed is not one of them!
These are the latest REO properties in South Orange County that look like the best values today: $659,900 - Rancho Santa Margarita (Las Flores) - 4 bedroom, 3 bath, 3 car garage, about 2400 square feet. Last sale was 9/06 @ $960,000. Update: in escrow as of 11/30 $699,900 ...
I've had a couple of buyers ask me recently about using a lease option, or "lease-to-own" agreement to buy a house. Since I have had some experience with this, decided to post about it. If you wanted to consider lease-to-own, also known as lease-option, of a property, the most likely candidates are vacant homes that are ...
Here's a new one that I just tried out. You enter the purchase date and price, and it will calculate the current value using historic averages and the Case-Shiller studies and reports. Try it yourself! Let me know what you thought by leaving a comment here.
Lake Forest sellers are having a tough time adjusting to the realities of today's market. There are currently 421 active properties in the MLS, and 95 of those (22%) are either foreclosed or short sales. The short sales, in many cases are not really available because it is unknown in if the mortgage ...