New Brea Home for Sale – 4 bed, 2.5 bath $549,000

Turnkey Canyon Country Family Home 860 Grand Canyon – Brea CA Wow, this Canyon Country home is just what you have been looking for. It is an equity sale, not a bank repo or short sale, and the seller can make a decision quickly. Do not wait to make your offer on this 2,119 square [...]

Home Values Still Falling in Parts of U.S. – Forbes Article

While it may be exciting that we are seeing a stabilization in home prices here in O.C., the rest of the U.S. has a very different view of Real Estate. Click Here to Read the Forbes Article

Short Sale Scams and Mortgage Fraud – Department of Justice Press Release

Here is a copy of a recent press release from the Dept. of Justice.  Be careful when working with a short sale! Don’t get caught in a scheme like the one reported here. Another Connecticut Real Estate Agent Admits Defrauding Bank in Short Sale Mortgage Fraud Scheme Department of Justice Press Release: United States Attorney’s [...]

Foreclosures in Orange County Up 33% – ForeclosureRadar Reports

Foreclosures in Orange County Up 33% – ForeclosureRadar.com Reports In the latest foreclosure report published by ForeclosureRadar.com they show that the number of homes foreclose on by the banks in April 2010 was 33% higher than April 2009. This means that while banks are being encouraged to work out loan modifications for struggling homeowners, the [...]

How to buy a foreclosure – Money.CNN Article

    How to buy a foreclosure Many buyers, especially first-timers, hope to purchase a foreclosed property at a bargain price. While purchasing a foreclosed home can be a wise choice for some buyers, it is important that buyers understand the differences in buying at different stages of foreclosure and be prepared to take on the [...]

Freddie Mac Asks for $10.6 Billion to Cover Loss

More tax payer money will be at stake as Freddie Mac continues to lose money. This article is short but it gives some revealing numbers, most notably that the running total for bailing out Freddie Mac and Fannie Mae is now at $126 Billion. That’s a lot of money! http://hosted.ap.org/dynamic/stories/U/US_EARNS_FREDDIE_MAC?SITE=VTBEN&SECTION=HOME&TEMPLATE=DEFAULT

Prudential California Realty Celebrates Top Agents

Prudential California Realty celebrates top agents With an outstanding year of sales for 2009, Prudential California Realty hosted its annual awards ceremony April 26 at the Richard Nixon Library and Birthplace in Yorba Linda. Recognized as sales leaders in the real estate industry, the company’s top selling agents were celebrated for their outstanding success in [...]

Placentia-Yorba Linda and Irvine School Districts Named Best in Music Education

The Orange County Register reported that the Placentia-Yorba Linda and Irvine School Districts are the top to OC School Districts for music education.  2 O.C. districts named best in music education | music, districts, students – News – The Orange County Register Posted using ShareThis

Why Bank and Government “Short Sale” Strategies Will Fail by Aaron Zapata

Why Bank “Short Sale” Strategies Will Fail      I’ve spoken to agents all over California, and we are all finding similar scenarios when it comes to working with homeowners on Short Sales (when a home is valued less than the amount owed).  What the banks and the government have failed to ask is what I believe [...]

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