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Joe's blog about Real Estate and Short Sales

Owner: Joe_Homs

Listed in: Real Estate

Language: English

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Latest Blog Posts for Joe's Blog

  • SB 458 New Short Sale Law in California
    on Jul 27, 2011
    New Short Sale Law in California.  This is a big deal folks!!!
  • Ask Joe About Short Sales in Orange County, California
    on Jul 27, 2011
    Today I received this question at info@thehomsteam.com about short sales.  "I am current on my mortgage, will my lender consider a Short Sale?  The answer is "Yes."  Even though you are still current on your loan, some homeowners re...
  • Mission Viejo Short Sale Stories from the Pits
    on Jul 5, 2011
    Mission Viejo Short Sale Stories from the Pits.  Joe, I thought I told you that I owe the Homeowners Association over $5,000!  No, you did not tell me and after checking I discovered this charge.  Are homeowners truthful when they begin the short...
  • Mission Viejo Short Sale Stories from the Pits
    on Jul 1, 2011
    Mission Viejo Short Sale Stories for today. Its ALL about customer service!  Do you have deep pockets and are willing to make calculated decisions.  I recently had a short sale, in which, their was a problem tenant in the property.  (We have all b...
  • Mission Viejo Short Sale Stories from the Pits
    on Jun 28, 2011
    Mission Viejo Short Sale Stories from someone who actually negotiates them.  My latest tale is about a short sale with THREE loans.  Yes, its difficult enough to make a two loan deal work, but what happens when there is three loans?  The third loa...
  • Short Sale Stories from the Pits
    on Jun 27, 2011
    Can you do a short sale and save your credit?  We'll I will let you know in thirty days.  My client wanted to keep paying on his two mortgages, association fees, and taxes while we negociated his short sale.  The short sale was approved and we are...
  • Short Sale Stories from the Pits
    on Jun 22, 2011
    Why do over 60% of the short sales don't close!  It's the bank stupid!  Why does it take 3-6 months to get a short sale approved?  Why don' they make the approvals generic as to price and conditions?  This way when the buyer who was waiting aroun...
  • 30932 Avenida De La Vista 57e
    on Jun 20, 2011
    http://thehomsteam.com/search-mls/#PropertyID=36031024   Saw this tenant occupied property over the weekend.  Should be priced at $155,000.  Needs about $7,500 in repairs.  You can get up to $1900 a month when done.
  • Short Sale Stories from the Pits
    on Jun 20, 2011
    Is the Equator system any better than just calling the negotiator?  My short answer is "NO!"  I grant you that the equator system is more organized and for a type "A" personality like me that's good, but they have many of the sa...
  • 27202 Bridgemont Rd, Lake Forest, Ca 92630
    on Jun 20, 2011
    http://thehomsteam.com/search-mls/#PropertyID=37124811   Just viewed this REO that is in poor shape, but appears to be a good buy for someone who likes to paint and do other small projects...
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