Featured Properties
1041 E Monticello Cir, 93720
Here’s your chance to buy a gorgeous corner home in the Virginia Commons at foreclosure prices. This home features crown molding, hardwood floors, colored concrete and wooden plantation shutters downstairs. … [View Property]
4909 N 7th St, Unit T, 93726
Here’s your chance to buy a beautifully maintained condo at foreclosure prices situated in the quiet ShawBrook Estates, very close to Fresno State University. This property features two Bedrooms and … [View Property]
1126 W Rialto Ave, 93705
Property Description Here is your chance to buy a charming home on a HUGE lot in a established neighborhood at foreclosure prices. This home features newer vinyl siding, central heat & air, dual pane … [View Property]
1074 N Orangewood Ave, 93611
Property Description Customized Leo Wilson's at the Prestigious Wyndover. Gated front courtyard, beautiful pebble-tech pool, colored concrete patio, outdoor lighting, Slab Granite top in Kitchen & … [View Property]
Short Sales 101
The short sale process from A to Z
The short sale process from A to Z - Short selling your Fresno home, step by step. By: Jeremy Smiley, Realtor, Short Sale Specialist, London Properties Step one: Do your due diligence. Search the web and find out as much as you can on the process. There are a lot of misconceptions about short sales. Be sure a short sale is the right thing for you and your family. Step two: Hire an agent. I … [Read More...]
Short Sale? What To Expect When You Get An Offer – Fresno, CA
Once your home is listed on the MLS as a Short Sale, you have agreed to let the bank/your lender decide the ultimate “Terms” on which the home will be sold. A Short Sale is unique. Although you are the homeowner according to the note & or deed recorded when you purchased your home…because the home is selling for “Less” than that original note, the lender/bank now has to approve the … [Read More...]
Top 10 Fresno Seller Short Sale Questions, Answered.
Top 10 Fresno Seller Short Sale Questions, Answered. Number 10 Q. I can’t make my house payments but I do have an ability to pay back all or part of the negative equity. Also, I want to preserve my credit score…is a short sale right for me? A. Probably not. In cases where the seller can pay back all or part of the negative equity (usually to the 2nd lien holder) it makes sense for them to work … [Read More...]
Six steps to take before agreeing to a short sale of a home
Source: 7Online Although some economic indicators hint that the U.S. economy is moving toward a recovery, home values are still suffering from a serious economic hangover. Many home owners are putting off a sale until prices recover. But some owners must sell immediately, even at a loss. Selling a home for less than the debt on the loan -- called a "short sale" -- is not desirable, but sometimes … [Read More...]
Short Sale Myths and Facts Part 1 – Helping Fresno Homeowners.
As real estate values have dropped over the last couple of years, drastically in some places, thousands of home owners have found themselves either upside down on their mortgage, unable to afford their payments, or both. The topic of short sales and foreclosures seem to dominate the headlines everywhere. There has been a lot written about short sales and whether you should or shouldn’t short sale … [Read More...]
Bank of America ‘Secret’ Short Sale Program – “HPO Short Sale”
It looks like the rumors are true! I've heard this was coming this year and would be very similar to what Wachovia is doing. It's called the "HPO Short Sale", and Fresno really needs this! I'm a short sale specialist in Fresno and have done countless Bank of America short sales. I've seen the process has improve over the past year... but nothing like this! I cant wait for this to be released to everyone. Source: … [Read More...]
U.S. Housing Market Is in Worse Shape than You Think: Altos Research
There have been a lot of articles the past month about the market taking another dip. I've been saying this all along... it was just a temporary increase in Fresno home values and would soon drop again. Fresno short sales are on the rise, Fresno foreclosures are coming on the market at a faster pace now. I haven't seen a single reason why the Fresno real estate market should improve. Fresno Short … [Read More...]
Agent Short Sale Tip – A new way to sync, store and share your files online!
==>> CLICK HERE FOR DROPBOX.COM <<== … [Read More...]
Foreclosure starts hit record high for Fannie, Freddie loans
Source: InmanNews The number of homeowners missing their first payment on their mortgage ticked down slightly from May to June, but the total number of loans in some stage of the foreclosure process remained essentially flat at nearly 2 million, according to statistics collected by Lender Processing Services. Among all loans, 30-day delinquencies were down 1.4 percent from May, to 1.81 million, … [Read More...]
