Noteworthy News Items

Santa Monica Luxury Short Sale Specialists, Press Release

Posted by admin on January 6, 2011 at 9:29 pm

FOR IMMEDIATE RELEASE Santa Monica, California, United States of America (Free-Press-Release.com) January 4, 2011 — Santa Monica, CA (January 4, 2011) – Members of the Institute for Luxury Home Marketing, Short Sale Experts Kim & Kristine Halverson are beginning to sell multi-million dollar homes and estates through the short sale process. With extensive training, the real [...]

Bank Of America Short Sales Approved, Without Recourse! SOLD!!

Posted by admin on December 22, 2010 at 9:05 pm

We successfully negotiated and closed 2 short sales with Bank Of America. Our Seller was so excited to finish this right before the holidays and New Year. Also, the funny thing is that after closing. Our buyer admitted that he did not believe the short sale would get approved for him to purchase. He had [...]

How To Help Avoid Short Sale Negotiator Fraud.

Posted by admin on October 14, 2010 at 11:17 pm

I really wanted to share this information with you from a legal article with California Association Of Realtors.  I don’t know if you have heard any rumors about short sale fraud?  But, it’s definitely a concern for the banks.  It usually happens with third party negotiation companies.  Your real estate professional may unknowingly hire a [...]

$79 Million Dollar Strategic Default, Mortgage Bankers Association

Posted by admin on October 12, 2010 at 6:34 pm

The Mortgage Bankers Association defaulted on their loan & walked away from it’s Headquarters in Washington DC. They purchased the building 3 years ago for $79 million dollars with 5% as a down payment. Sound familiar? Many homeowners over the past 3 years have had this same issue…with their HOME not office. They have felt [...]

No Short Sale Deficiencies: Lender Cannot Pursue Deficiency Judgement

Posted by admin on October 6, 2010 at 5:32 pm

New California Law for 2011: No Short Sale Deficiencies: Starting January 1, 2011, a seller’s first trust deed lender cannot obtain a deficiency judgment against the seller after a short sale. Providing written consent to a short sale shall obligate the first trust deed lender to accept the sales proceeds as full payment and discharge [...]

Bank of America ‘Secret’ Mortgage Program | New BofA HPO Short Sale Program

Posted by admin on August 7, 2010 at 1:16 am

I’m totally shocked at this news. I have been waiting a long time. So long that I actually gave up and was sarcastic whenever our clients and the media mentioned Mortagage help. However, I’m now starting to believe…and maybe they are too. It only makes sense to help homeowners that owe more than their home [...]

Mortgage Defaults, Be Informed: State Limits On Deficiency Judgements

Posted by admin on August 4, 2010 at 9:00 pm

Here is a list state by state about deficiency judgements should your home go into foreclosure. Please be mindful that there are choices before facing foreclosure. Lenders tend to be forgiving with homeowners that have honestly tried other options. Another way to describe it is if you borrowed money from a friend or family member. [...]

Relief For Homeowners, Pre-Approved Short Sales, Move-Out Money too..

Posted by admin on July 15, 2010 at 9:22 pm

I have been super busy this week training and testing at California Asssociation of Realtors “CAR” for the HAFA Certification.  It was really educational and as one of the first Realtors to take this program I’m excited to share… This is called the “HAFA” Home Affordable Foreclosure Alternatives program.  This is a “Making Home Affordable” [...]

$75 Million, 90,000 sqft Mansion, For Sale, As-Is….

Posted by admin on July 13, 2010 at 1:11 am

Huge Mansion, exterior finished (except the yard), interior needs lots more money to finish.  ouch! Click here for pics and info:http://yhoo.it/bFTR5Z Wealth is relevant to each individuals situation, debts & assets. Tweet This Post