Flippers Profiting in Costa Mesa Remember this guy Flipper from TV? Well real estate flipping is alive and well in Costa Mesa right now. I try to keep abreast of most of the inventory that hits our Costa Mesa market, and yesterday I got the chance to see six homes on the market right nowread more
How a Short Sale Charge Off Effects Your Credit
Costa Mesa Short Sales – Credit Effects of a Charge-Off I had one of my clients talk to me this week about their credit report. They are in the market to buy a home, and they did the right thing by going to the bank first to see how much house they could afford toread more
Hey Karma You Owe Me One
Doing the Right Thing In Costa Mesa Ok, I look at that title and please don’t think I am looking for some kind of entitlement. I just had one bad thing happen to one of my clients last week, and I guess it is still bugging me a bit. More about that stuff in aread more
Costa Mesa Short Sale Myths
Costa Mesa Short Sales Mythbusters Edition! I figured since St. Patricks Day is upon us, and since everyone will be looking for a leprechaun at the end of a rainbow with a pot of gold coins, it might be good to look at a some Costa Mesa short sale myths. Don’t get me wrong –read more
Bank of America Restructuring Home Loans Now
Help For Costa Mesa Homeowners Good news for those of your who own Costa Mesa homes with a Bank of America (or formally Countrywide) loan. B of A has cut a side deal after the $25B mortgage settlement to offer massive principal reductions to homeowners that are underwater, a major move that the other large servicersread more
Costa Mesa Foreclosure Update Dec 2011
Costa Mesa Foreclosure Update Dec 2011 Costa Mesa appears on the upswing by one set of statistics. There is a current report on ReportsOnHousing.com that provides details about local housing, some of which I am sharing below. The Costa Mesa community has a “market time” (months in would take to sell all inventory at current pace ofread more
Costa Mesa Short Sale Statuses
A Whole Different Category in Costa Mesa Real Estate I forgot about the other wildcard yesterday with real estate statuses when I posted trying to help someone understand what the different statuses mean from our MLS listings! It completely slipped my mind that short sales are being treated in a completely different way by most agents.read more
Are You Responsible For HOA Fees After a Foreclosure
Question of the Week June 10 2011 If I am trying to sell my condo as a short sale in Costa Mesa, and I have stopped paying the mortgage, am I still responsible for HOA fees after a foreclosure? Great question! Thanks readers for sending this one into CostaMesaRealEstate.com. So Are You Responsible For HOA Fees Afterread more
Communities Focused For Week of June 1st
Communities Focused For Week of June 1st OK! I hope you all had a great Memorial Day Weekend holiday in Costa Mesa! It seems like we finally got a start on summer with that gorgeous Memorial Day weather, didn’t we? Just in time for the ol’ June gloom to start, right? I took a holidayread more
What Are The Advantages of a Short Sale for the Seller?
What Are The Advantages of a Short Sale for the Seller? Continuing our theme this week in Costa Mesa short sales, we wanted to stress the reasons why it is prudent for someone in a position to do a short sale should consider it, give the alternative of foreclosure. Our first post this week talkedread more
Costa Mesa Short Sales
Costa Mesa Short Sales – All the Info You Need to Sell Thinking of a Costa Mesa short sale? Whether doing one on a place you own, or thinking of purchasing one, it is important to start in the right place. This is a continuation of our posts this week about short sales. Our firstread more
when can i buy a house after a short sale in california
when can i buy a house after a short sale in california ? I have clients ask me all the time about the required “waiting” periods after a Costa Mesa short sale, foreclosure or bankruptcy. This is a follow up post to one I did previously a little while back. And not to go onread more