For current San Diego county properties available with seller financing please email me directly joy@luxurysocalrealty.com your personal situation, home preferences, home location, and any other information necessary for me to access your situation. Inventory and seller financing changes on a daily basis. Do to the volume of inquiries please make sure to include the… Read More
Creative Owner Seller Financing Real Estate For Homes In San Diego California
January 27, 2012 By Leave a Comment
California Foreclosure Activity
December 15, 2011 By Leave a Comment
Search San Diego County Foreclosures & Short Sales Joy Bender knows the intricacies of the luxury real estate market of San Diego and it’s most premier neighborhoods while offering an unparalleled degree of personalized attention to her discerning clientele. She specializes in highly confidential representation of both buyers and sellers who lead a demanding lifestyle…. Read More
HAMP Principal Reduction Home Affordable Modification Program
December 14, 2011 By Leave a Comment
The Treasury Department released data indicating that as of October, participating servicers of HAFA Home Affordable Foreclosure Alternatives program, have completed approximately 20,700 short sales and deeds in lieu. Less than 600 of the 20,700 were deeds-in-lieu. The PRA or Principal Reduction Alternative program started in October 2010 for mortgages not guaranteed by Fannie Mae… Read More
Bank Of America Short Sale
October 31, 2011 By Leave a Comment
Search San Diego County Foreclosures & Short Sales Close of escrow on 11342 El Nopal in Lakeside today. Bank of America Short Sale Approved in 33 days with approved repairs of $10,150 in termite repairs, $1,300 in septic, and $4,300 in seller paid closing costs. San Diego County Credit Union 2nd approved in 20 days…. Read More
San Diego Foreclosure Defaults Biggest Monthly Gain In 4 Years
September 16, 2011 By Leave a Comment
Search San Diego County Foreclosures & Short Sales Banks took major action against home owners who have fallen behind on their mortgage payments in Orange County. The number of U.S. homeowners that received an initial notice of default rose 33% in August from July, the biggest gain in 4 years. This could be the beginning… Read More
Short Sale Fraud In San Diego
September 16, 2011 By Leave a Comment
Short Sale Fraud is considered mortgage fraud and occurring in San Diego. Kim Ellison, Fannie Mae senior industry relations manager for the mortgage fraud program reports that illegal flipping and non-arm’s-length transactions. In a non-arm’s-length transaction the delinquent home owner sells the property to a family member or a business partner without disclosing the relationship… Read More
La Jolla Million Dollar Luxury Home Foreclosures
September 7, 2011 By Leave a Comment
Realty Trac reports that the amount of foreclosures with mortgages over $1 million are over twice as high today as they were in 2007. This represents around 2.3% of all homes in foreclosure. “We’re seeing evidence in our data that the high-end market is starting to get hit more,” says Daren Blomquist of RealtyTrac.com. “I… Read More
A Fed Official Reports The Housing Market Is Severely Out Of Balance
September 6, 2011 By Leave a Comment
The “severely out of balance” housing market is greatly hampering the nation’s economic recovery, and solving the supply-and-demand issues in the housing market needs to be an “immediate priority,” Elizabeth Duke, member of the Board of Governors of the Federal Reserve, said late last week to the Federal Reserve Board Policy Forum during a speech,… Read More
Average Loan in Foreclosure Is Delinquent for Record 599 Days
September 3, 2011 By Leave a Comment
Foreclosure timelines continue their steady upward trend, as a payment has not been made on the average loan in foreclosure in a record 599 days reported by LPS Mortgage Monitor. Of the nearly 1.9 million loans that are 90 or more days delinquent but not yet in foreclosure, 42 percent have not made a payment… Read More
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