Orange County Real Estate - Mike Pahua

ATTENTION AGENTS: EARN A 25% REFERRAL FOR SENDING ME YOUR ORANGE COUNTY SHORT SALE LISTINGS

2012-01-18T14:15:00.000-08:00

ATTENTION AGENTS: Get a 25% referral fee at closing for sending me your short sale listings.

All I do are short sales. I have a team and the systems in place to handle the volume of lender contact needed to get them closed quickly. Check out my transaction history from the mls roster, I'm the real deal.

Short sales are very specialized and they require a great deal of attention. If you're busy focusing on your standard sale business it may be time to refer your short sale leads. Rather than let them go send them to me and earn a referral with very little effort. Your clients will be in good hands.

I welcome your calls and questions.

Mike Pahua
Short Sale Specialist
Realty One Group
949-309-2400
cadre 01461649
Mike@ShortSalesOC.com
www.ShortSalesOC.com

*This is not meant to be a complete or exhaustive advertisement about short sale or foreclosures. Nor, are we giving legal or tax advice in any way.
Every situation is different and you are encouraged to obtain legal and tax advice from the appropriate professionals prior to pursuing the services of a
short sale agent.* Mike Pahua specializes in and seeks to list: Anaheim Short Sales, Anaheim Hills Short Sales, Brea Short Sales, Buena Park Short Sales,
Costa Mesa Short Sales, Corona Del Mar Short Sales, Coto De Caza Short Sales, Cypress Short Sales, Dana Point Short Sales, Fountain Valley Short Sales,
Fullerton Short Sales, Garden Grove Short Sales, Huntington Beach Short Sales, Irvine Short Sales, Ladera Ranch Short Sales, Laguna Beach Short Sales,
Laguna Hills Short Sales, Laguna Niguel Short Sales, La Habra Short Sales, La Palma Short Sales, Lake Forest Short Sales, Los Alamitos Short Sales, Mission
Viejo Short Sales, Newport Beach Short Sales, Newport Coast Short Sales, Orange Short Sales, Placentia Short Sales, Rancho Santa Margarita Short Sales,
San Clemente Short Sales, San Juan Capistrano Short Sales, Santa Ana Short Sales, Seal Beach Short Sales, Stanton Short Sales, Tustin Short Sales, Villa Park
Short Sales, Westminster Short Sales, Yorba Linda Short Sales, All Orange County Short Sales, Anaheim Short Sale Realtor, Anaheim Hills Short Sale Realtor,
Brea Short Sale Realtor, Buena Park Short Sale Realtor , Costa Mesa Short Sale Realtor, Corona Del Mar Short Sale Realtor, Coto De Caza Short Sale Realtor,
Cypress Short Sale Realtor, Dana Point Short Sale Realtor, Fountain Valley Short Sale Realtor, Fullerton Short Sale Realtor, Garden Grove Short Sale Realtor,
Huntington Beach Short Sale Realtor, HB short sale realtor, Irvine Short Sale realtor, Ladera Ranch Short Sale realtor, Laguna Beach Short Sale realtor,
Laguna Hills Short Sale realtor, Laguna Niguel Short Sale realtor, La Habra Short Sale realtor, La Palma Short Sale realtor, Lake Forest Short Sale realtor,
Foothill Ranch short sale realtor, portola hills short sale realtor, Los Alamitos Short Sale realtor, Mission Viejo Short Sale realtor, Newport Beach Short Sale
realtor, Newport Coast Short Sale realtor, Orange Short Sale realtor, Placentia Short Sale realtor, Rancho Santa Margarita Short Sale realtor, RSM short sale
realtor, San Clemente Short Sale realtor, San Juan Capistrano Short Sale realtor, Santa Ana Short Sale realtor, Seal Beach Short Sale realtor, Stanton Short
Sale realtor, Tustin Short Sale realtor, Tustin Ranch short sale realtor, Villa Park Short Sale realtor, Westminster Short Sale realtor, Yorba Linda Short Sale
realtor

NEW CA SHORT SALE LAWS 458 AND 931 PROHIBIT A LENDER FROM A DEFICIENCY JUDGEMENT WHEN THEY APPROVE A SHORT SALE IN CA FROM TOP OC SHORT SALE SPECIALIST MIKE PAHUA

2011-07-30T13:44:00.000-07:00

CA SHORT SALE LAW UPDATES FROM http://www.shortsalesoc.com/

7/15/2011: NO DEFICIENCY JUDGEMENTS ALLOWED ON JUNIOR LIENS
Gov. Jerry Brown signed SB 458 (Corbett) into law. SB 458 extends the protections of SB 931 (2010), to ensure that any lender that agrees to a short sale must accept the agreed upon short sale payment as payment in full of the outstanding balance of all loans.
Under previous law (SB 931 of 2010), a first mortgage holder could accept an agreed-upon short sale payment as full payment for the outstanding balance of the loan, but unfortunately, the rule did not apply to junior lien holders. SB 458 extends the protections of SB 931 to junior liens.
The signing of this bill is a victory for California homeowners who have been forced to short sell their home only to find that the lender will pursue them after the short sale closes, and demand an additional payment to subsidize the difference. SB 458 brings closure and certainty to the short sale process and ensures that once a lender has agreed to accept a short sale payment on a property, all lien holders -- those in first position and in junior positions -- will consider the outstanding balance as paid in full and the homeowner will not be held responsible for any additional payments on the property.
SB 458 contains an urgency clause making it effective upon signing.

1/1/2011: NO DEFICIENCY JUDGEMENTS ALLOWED ON ALL 1ST LIENS IN CA.
Senate Bill 931 (SB 931) pertaining to California short sale deficiencies was signed by the Governor on September 30th. Beginning January 1st, 2011 any first mortgages that accept a short sale will not be able to obtain a deficiency judgment against a seller after the completion of a short sale . If a lender provides written consent to a short sale on a first mortgage, they lender must accept the sales proceeds as full payment and discharge the remaining balance due on the loan. The new law will apply to all first mortgage loans secured by one to four residential units, including purchase money, hard money and refinanced loans. This law does not apply to 2nd or any other junior lien holders. Also, the new law does not prevent the lender from seeking damages for fraud or waste by the borrower.

2007: Mortgage Forgiveness Debt Relief Act of 2007 ****(Expires 12/31/2012)**** You may not have to claim income from forgiven debt after a short sale.
If you are a homeowner whose mortgage debt is partly or entirely forgiven during tax years 2007 through 2012, you may be able to claim special tax relief and exclude the debt forgiven from your income.
Here are 10 facts the IRS wants you to know about Mortgage Debt Forgiveness (Taken From IRS.gov).

1. Normally, debt forgiveness results in taxable income. However, under the Mortgage Forgiveness Debt Relief Act of 2007, you may be able to exclude up to $2 million of debt forgiven on your principal residence.

2. The limit is $1 million for a married person filing a separate return.

3. You may exclude debt reduced through mortgage restructuring, as well as mortgage debt forgiven in a foreclosure.

4. To qualify, the debt must have been used to buy, build or substantially improve your principal residence and be secured by that residence.

5. Refinanced debt proceeds used for the purpose of substantially improving your principal residence also qualify for the exclusion.

6. Proceeds of refinanced debt used for other purposes -- for example, to pay off credit card debt -- do not qualify for the exclusion.

7. If you qualify, claim the special exclusion by filling out Form 982, Reduction of Tax Attributes Due to Discharge of Indebtedness, and attach it to your federal income tax return for the tax year in which the qualified debt was forgiven.

8. Debt forgiven on second homes, rental property, business property, credit cards or car loans do not qualify for the tax relief provision. In some cases, however, other tax relief provisions -- such as insolvency -- may be applicable. IRS Form 982 provides more details about these provisions.

9. If your debt is reduced or eliminated you normally will receive a year-end statement, Form 1099-C, Cancellation of Debt, from your lender. By law, this form must show the amount of debt forgiven and the fair market value of any property foreclosed.

10. Examine the Form 1099-C carefully. Notify the lender immediately if any of the information shown is incorrect. You should pay particular attention to the amount of debt forgiven in

Box 2

as well as the value listed for your home in

Box 7

.

The Short Sale Services I offer:

Attorney Negotiated Short Sale Service at No Cost To Homeowner
Free, Confidential, and No Obligation Consultation at your home.
No Cost to you. The bank will pay the all the commissions and closing costs.
No Obligation. Cancel your listing at any time.
Weekly Updates on the status of your Short Sale.
You may still pursue a loan modification during the short sale process.
Industry proven short sale system with a 97% success rate.
Experience. I've worked with all the major lenders.
You may remain in your home during the short sale process.
Discreet Sales Process. No one will know your home is for sale. (some restrictions apply)
I am sympathetic to your needs and I will hold your hand the entire time.

Contact Top Orange County Short Sale Realtor Mike Pahua at 949-309-2400

Get more short sale info and view success stories at http://www.shortsalesoc.com/

LUXURY ORANGE COUNTY REAL ESTATE. HIGH END CUSTOM HOMES FOR SALE IN ORANGE COUNTY

2011-05-12T09:47:00.000-07:00

LUXURY ORANGE COUNTY REAL ESTATE SEARCH. BANK OWNED FORECLOSURES AND PRE-FORECLOSURE SHORT SALES ARE INCLUDED. Pictures, Address, Maps and More.
USE THE LINKS BELOW TO VIEW LISTINGS.
WE SPECIALIZE IN THE FOLLOWING AREAS:

Bear Brand in Laguna Niguel

Covenant Hills in Ladera Ranch

Crystal Cove in Newport Coast

Emerald Bay in Laguna Beach

Hunt Club in San Juan Capistrano

Marbella in San Juan Capistrano

Nellie Gail Ranch in Laguna Hills

Ocean Ranch in Laguna Niguel

Pelican Hill in Newport Coast

Shady Canyon in Irvine

Three Arch Bay in Laguna Beach

Turtle Ridge in Irvine

Se Habla Espanol, "Venta Corta" Orange County Short Sale Specialist / Realtor / Expert / Agent

2011-02-28T12:53:00.000-08:00

Lllame para una consulta por telefono GRATIS y sin compromiso.

Para ver mis mas recientes ventas de "Short Sale" y obtener respuestas a las preguntas mas frecuentes vaya a http://ShortSalesOC.com

RECUERDE....... Solo tiene una oportunidad para hacer una venta corta o "Short Sale" por lo tanto tiene que asegurarse que esta trabajando con un Profesional de Short Sales.

Si usted no usa nuestra oficina, asegurese de que el agente que lo va a ayudar le demuestre su experiencia en ventas cortas.

Tenga cuidado a quien le confia su Venta Corta, venga con los expertos.

Por ultimo, pero igual de importante .... Hacer una venta corta es gratis para usted.

Las comisiones de los agentes y los gastos de cierre son pagados por el banco.

Este es un pequeno ejemplo de nuetras mas recientes ventas de "Short Sale":

Irvine: La vendimos en $ 613,000 / Se debian $ 630,000 / Prestamo con WMC Mortgage

Mission Viejo: Vendido por $ 580,000 / Se debian $ 760,000 / Prestamo con Financiera Southstar

Santa Ana: Se vendio por $ 380,000 / El Dueno debia $ 589,000 / Banco era SBMC

Irvine: Vendido por $ 530,000 / Se debian $ 651,500 / Prestamos eran con Lehman Brothers / Aurora

Costa Mesa: La vendimos en $ 385,000 / El Dueno debia $ 529,500 / Banco de America

Misision Viejo: Vendido por $ 560,000 / Prestamo era de $ 812,000 / Banco era Fremont

Orange: Se vendio en $ 525,000 / Se debian $ 705,000 / Prestamo con Clarion Mortgage

San Clemente: Vendido en $ 166,000 / Se debian $ 247,2000 / Prestamista era Vincular

Aliso Viejo: Se vendio en $ 432,280 / Prestamo era de $567,000 / Con Mylor Financial

Lake Elsinore: Vendido por $ 176,000 / Se debian $ 371990 / Banco era Wells Fargo

Westminter: Vendido en $ 225,000 / Se debia $ 344,000 / Prestamo con Franklin Primera

Huntington Beach: Se vendio en $ 560,000 / Se debian $ 710,000 / Con Banco de America

Corona: Vendido por $ 300,000 / Se debia $ 693,000 / Prestamo con Banco de America

Garden Grove: Se vendio en $ 199,000 / Se debian $ 440,000 / Prestamo con Bear Sterns

Menifee: La vendimos en $ 262,000 / Dueno debia $ 555,000 / Prestamo con US Financial

Fountain Valley: Se vendio en $ 245,000 / Debian $ 421,200 / Prestamo con Chase

RSM: Se vendio en $ 115,000 / Se debian $ 269,500 / Prestamo con Clarion Mortgage

Irvine: Vendido por $ 680,000 / Se debian $ 739,000 / Banco era Citibank

Winchester: La vendimos en $ 240,000 / Se debia $ 465,500 / Prestamo con Southstar

Irvine: Se vendio en $ 241,500 / Debian $ 462,000 / Prestamo con United

RSM: La vendimos en $ 301,000 / Se debian $ 402,500 / Prestamo con TI Inc

Anaheim: Se vendio en $282,000 / Se debian $ 540,000 / Banco era Chase

Laguna Niguel: Vendida por $ 242,500 / Dueno devia $ 475,000 / Prestamo con BofA

La Palma: Se vendio en $ 256,000 / Se debian $ 327,000 / Prestamo con US Financial

Y aun hay mas, pero ya no pierda su tiempo y llamenos lo mas pronto posible.

Para saber mas acreca de mi vaya a http://www.ShortSalesOC.com

Jose J Magdaleno / Realtor

Realty One Group

The Pahua Group

DRE # 01515629

Cell # 714-852-1558

E-mail Jose @PGcoastal.com

Search Riverside Foreclosures by City

2011-01-21T11:48:00.000-08:00

Search Riverside Foreclosures by City

Canyon Lake	Menifee	Sedco
Corona	Murrieta	Sun City
French Valley	Perris	Temecula
Homeland	Quail Valley	Wildomar
Lake Elsinore	Romoland	Winchester

Search ALL Inland Empire Foreclosures

(All Riverside and San Bernardino County)

Provided By:

The Pahua Group

Realty ONE Group

Call Toll Free For A Showing Appointment: (866) 495-8548

WHY BY AN ORANGE COUNTY FORECLOSURE? SAVE MONEY!

2011-01-19T10:58:00.000-08:00

Have you considered purchasing a foreclosure?

Do you think it might be a hassle?

If you have the ability or the means to do a little cosmetic work then purchasing a foreclosure may be for you. Of course, some bank owned homes are trashed but most are not. Most only need paint, carpet and a good cleaning to be back in shape. The best part about foreclosures it that they normally sell for about 5-10% (sometimes much more) below what a comparable home in the same neighborhood would sell for. This would represent a savings of 25k to 50k in a $500,000 neighborhood.

Check out what the foreclosure market has to offer. We have them all separated by city:

Search Orange County Foreclosures by City

Aliso Viejo	La Palma	Placentia
Anaheim	Ladera Ranch	Rancho Santa Margarita
Anaheim Hills	Laguna Beach	Rossmoor
Brea	Laguna Hills	San Clemente
Buena Park	Laguna Niguel	San Juan Capistrano
Corona Del Mar	Laguna Woods	Santa Ana
Costa Mesa	Lake Forest	Silverado/Modjeska
Coto de Caza	Los Alamitos	Seal Beach
Cypress	Midway City	Trabuco Canyon
Dana Point	Mission Viejo	Stanton
Fountain Valley	Portola Hills	Sunset Beach
Fullerton	Newport Beach	Surfside
Garden Grove	Newport Coast	Tustin
Huntington Beach	North Tustin	Villa Park
La Habra	Orange	Westminster
Irvine	Orange Park Acres	Yorba Linda

PROVIDED BY:

MIKE PAHUA

REALTY ONE GROUP

949-309-2400

DRE # 01461649

Rent a Condo or Detached home in Orange County - No Fee Rental Search

2011-01-19T10:47:00.000-08:00

Do you have credit issues?
Do you have income from unconventional sources?
Have you recently completed or are about to start a bankruptcy, foreclosure or short sale?

If you've answered yes to any of these questions you should property work with a Realtor to find a home to rent from a private party. Large leasing companies have to adhere to strict guidelines when renting apartments but individual landlord can choose anyone they want to rent their property.

The best part.... The landlord will pay the Realtor's commissions and you pay nothing!

Why not work with Realtor to find that perfect home to rent?

HAVE YOU CONSIDERED THE SHORT SALE OF YOUR HOME?
GET ANSWERS TO YOUR SHORT SALE QUESTIONS AT, http://www.shortsalesoc.com/

Search Orange County Rentals by City:

Aliso Viejo	La Palma	Placentia
Anaheim	Ladera Ranch	Rancho Santa Margarita
Anaheim Hills	Laguna Beach	Rossmoor
Brea	Laguna Hills	San Clemente
Buena Park	Laguna Niguel	San Juan Capistrano
Corona Del Mar	Laguna Woods	Santa Ana
Costa Mesa	Lake Forest	Silverado/Modjeska
Coto de Caza	Los Alamitos	Seal Beach
Cypress	Midway City	Trabuco Canyon
Dana Point	Mission Viejo	Stanton
Fountain Valley	Portola Hills	Sunset Beach
Fullerton	Newport Beach	Surfside
Garden Grove	Newport Coast	Tustin
Huntington Beach	North Tustin	Villa Park
La Habra	Orange	Westminster
Irvine	Orange Park Acres	Yorba Linda

HAVE YOU CONSIDERED THE SHORT SALE OF YOUR HOME?
GET ANSWERS TO YOUR SHORT SALE QUESTIONS AT, http://www.shortsalesoc.com/

PROVIDED BY:

Mike Pahua

Realty ONE Group

(949) 309-2400

ca dre # 01461649

MIKE PAHUA - ORANGE COUNTY SHORT SALE SPECIALIST - TOP OC REALTOR

2011-01-19T10:24:00.000-08:00

Mike Pahua (949) 309-2400 Orange County Short Sale Specialist

Call for your FREE no obligation short sale phone consultation.

View my Short Sale success stories and gets answers to frequently asked questions at: www.ShortSalesOC.com

REMEMBER...... You may only get ONE chance to do a short sale so you need to make sure you are working with an experienced professional. If you don't use me be sure the agent you do use can PROVE his/her short sale experience. Helping homeowners and closing their short sale equals experience! Simply paying a couple hundred dollars for a short sale course and earning a short sale title does not equal experience.....Beware.

Last but not least.... Doing a short sale is FREE to you. Agent commissions and all your closing costs are paid for by the lender!

Here's just a short list of my recently closed short sales:

Irvine: Sold for $613,000 / Owed $630,000 / Lender was WMC Mortgage

Mission Viejo: Sold for $580,000 / Owed $760,000 / Lender was Southstar Funding

Santa Ana: Sold for $380,000 / Owed $589,000 / Lender was SBMC Mortgage

Irvine: Sold for $530,000 / Owed $651,500 / Lender was Lehman Brothers / Aurora

Costa Mesa: Sold for $385,000 / Owed $529,500 / Lender was Bank of America

Mission Viejo: Sold for $560,000 / Owed $812,000 / Lender was Fremont

Orange: Sold for $525,000 / Owed $705,000 / Lender was Clarion Mortgage

San Clemente: Sold for $166,000 / Owed $247,200 / Lender was Loan Link Financial

Aliso Viejo: Sold for $432,280 / Owed $567,000 / Lender was Mylor Financial

Lake Elsinore: Sold for $176,000 / Owed $371,990 / Lender was Wells Fargo

Westminster: Sold for $225,000 / Owed $344,000 / Lender was First Franklin

Huntington Beach: Sold for $560,000 / Owed $710,000 / Lender was Bank of America

Corona: Sold for $300,000 / Owed $ 693,000 / Lender was Bank of America

Garden Grove: Sold for $199,000 / Owed $440,000 / Lender was Bear Stearns

Menifee: Sold for $262,000 / Owed $555,000 / Lender was American Mortgage

Fountain Valley: Sold for $245,000 / Owed $421,200 / Lender was Chase

RSM: Sold for $115,000 / Owed $269,950 / Lender was Clarion Mortgage

Irvine: Sold for $680,000 / Owed $739,000 / Lender was Citibank

Winchester: Sold for $240,000 / Owed $465,500 / Lender was Southstar Funding

Irvine: Sold for $241,500 / Owed $462,600 / Lender was Nations Choice Mortgage

RSM: Sold for $301,000 / Owed $402,500 / Lender was Mortgage IT Inc

Anaheim:: Sold for $282,000 / Owed $540,000 / Lender was Chase

Laguna Niguel: Sold for $242,500 / Owed $475,000 / Lender was Bank of America

La Palma: Sold for $256,000 / Owed $327,000 / Lender was American Mortgage

More to Come!

Find out more about me at www.ShortSalesOC.com

Mike Pahua
Top Orange County Short Sale Realtor
Top 1% of Realtors Nationwide (really!)
Realty One Group
(949) 309-2400
ca dre # 01461649

FREE SERVICE FROM TOP ORANGE COUNTY SHORT SALE SPECIALIST, MIKE PAHUA

2011-01-10T17:51:00.000-08:00

GET MORE INFO FROM TOP ORANGE COUNTY SHORT SALE REALTOR

Call Mike Pahua at 949-309-2400 before it's too late.

Benefits of a Short Sale:

Avoid the Foreclosure on your credit.
Stay in your home longer during the sales process.
Tax relief under certain scenario.
FREE, There Are No Costs To You.
Purchase a new home 24 months after completing a short sale. (yes, really!)
Attorney Negotiated Short Sale at NO cost to you.
Protection against a deficiency judgement by SB -931 (short sales only).

Benefits of working with The Pahua Group:

95% Short Sale success rate
Over 11 million in short sale volume in last 24 months.
Your Short Sale file is negotiated by an Attorney that I retain.
Your Consultation Is Confidential, Free, And There's No Obligation.
You Can Cancel The Short Sale Process And Listing At Any Time.

Have you tried a loan mod?

Did you received a loan modification with unrealistic expectations?

Did you pay a loan mod company a retainer with no satisfactory result?

IT MAY BE TIME TO CALL A PROFESSIONAL

I am a full time Short Sale Realtor with an excellent tract record and I am happy to provide plenty of referrals. I only get paid (by the bank) when the job is done. When you hire me, you have nothing to lose.

Please visit my website for more home owner short sale information, faq's, foreclosure information, recently closed short sales and to find out more about me.

Recent Case Files:

Anaheim, CA: Owed 530k on a 1st and 2nd loan. Lender settled for a sales price of 281k. No out of pocket from the owner. Foreclosure date was postponed once.

La Palma, CA: Owed 375k on a 1st loan. Lender settled for a sales price of 265k. Owner was required to satisfy all unpaid hoa dues. Foreclosure date was postponed twice. Property was tenant occupied and the tenant stayed for the new owner.

Laguna Niguel, CA: Owed 475k on a 1st and 2nd cash out loan. Lender settled for a sales price of 243k. Owner was required to contribute 3k to the 2nd lien holder. Both lenders waived the deficiency judgement.

View more case files at www.shortsalesoc.com

Mike Pahua

Realty ONE Group

(949) 309-2400

ca dre# 01461649

Info @ PGcoastal.com

GET MORE INFO FROM TOP ORANGE COUNTY SHORT SALE REALTOR

ORANGE COUNTY SHORT SALE SPECIALIST - MIKE PAHUA - TOP REALTOR - FREE EXPERT SERVICE

2011-01-10T17:50:00.000-08:00

SHOULD YOU SHORT SALE YOUR HOME? CLICK HERE FOR EVEN MORE INFO FROM TOP SOCAL SHORT SALE REALTOR

The Short Sale Services I offer:

Free, Confidential, and No Obligation Consultation at your home.

No Cost to you. The bank will pay the all the commissions and closing costs.

No Obligation. Cancel your listing at any time.

Weekly Updates on the status of your Short Sale.

You may still pursue a loan modification during the short sale process.

Industry proven short sale system with a 97% success rate.

Experience. I've worked with all the major lenders.

You may remain in your home during the short sale process.

Discreet Sales Process. No one will know your home is for sale. (some restrictions apply)

I am sympathetic to your needs and I will hold your hand the entire time.

Please remember that experience counts. In most cases, you will only get 1 chance to complete a short sale. Hiring the right agent makes all the difference.

The more time you have the better your chances are for a successful short sale.

I urge you to contact me as soon as possible to schedule a Free, No Obligation Consultation.

I only need about 5 minutes to determine whether or not a short sale could work for you.

You have nothing to lose, please call me. I can help. Mike Pahua

SHOULD YOU SHORT SALE YOUR HOME? CLICK HERE FOR EVEN MORE INFO FROM TOP SOCAL SHORT SALE REALTOR

Frequently Asked Questions (FAQ) about Short Sales:

Q. What is a Short Sale?

A. A short sale is the process by which a homeowner can sell a house for less money than he actually owes on the mortgage(s). If the bank approves the discount on the mortgage, the home can be sold for a lower price without the seller having to come up with cash to cover the shortfall, and the mortgage is satisfied and the foreclosure process stops.

Q. Who pays the fees in a Short Sale?

A. The lender will pay all the real estate commissions and the closing costs for the seller. The lender will often pay back property taxes and past due association dues if applicable. On rare occasions, the lender will require that the seller contribute something ($1,000 - $3,000) to the second lien holder (if any).

Q. How do I qualify for a Short Sale?

A. The most important factor in qualifying for a short sale is having a legitimate hardship and being able to prove your inability to repay your loan(s). The short sale process is complex and often frustrating for the seller. It is important that the seller is flexible with the lender?s documentation requests and timelines.

Q. What is a legitimate Hardship?

A. Your financial hardship can take many forms. The most common hardships include one or more of the following. Job Loss or Reduction of Income, Divorce, Illness, Mortgage Payment Increases, Debt Increases, etc? Every home owner?s situation is different so you are encouraged to call for a confidential consultation.

Q. How long does a Short Sale take?

A. My quickest approval on a short sale took 8 business days (Citibank). My longest approval on a short sale took 18 months (Bank of America). Each lender has a different process and often the timeliness of a short sale is dictated by the individual bank negotiator we are assigned to.

Q. Why would a bank agree to a Short Sale?

A. For a lender, doing a short sale avoids many of the costs associated with the foreclosure process. Attorney fees, delays from borrower bankruptcy, damage to the property, repair costs associated with resale, additional property tax, property insurance, etc. all must be paid by the bank during a foreclosure until it?s resold. In a short sale, the lender is able to cut its losses by getting rid of the property faster and avoiding many of the expenses.

Mike Pahua

The Pahua Group

Realty ONE Group

(949) 309-2400 Office

Dre # 01461649

SHOULD YOU SHORT SALE YOUR HOME? CLICK HERE FOR EVEN MORE INFO FROM TOP SOCAL SHORT SALE REALTOR

2010-12-06T10:54:00.000-08:00

GET MORE INFO FROM TOP ORANGE COUNTY SHORT SALE REALTOR

Call Mike Pahua at 949-309-2400 before it's too late.

Benefits of a Short Sale:

Avoid the Foreclosure on your credit.
Stay in your home longer during the sales process.
Tax relief under certain scenario.
FREE, There Are No Costs To You.
Purchase a new home 24 months after completing a short sale. (yes, really!)
Attorney Negotiated Short Sale at NO cost to you.
Protection against a deficiency judgement by SB -931 (short sales only).

Benefits of working with The Pahua Group:

95% Short Sale success rate
Over 11 million in short sale volume in last 24 months.
Your Short Sale file is negotiated by an Attorney that I retain.
Your Consultation Is Confidential, Free, And There's No Obligation.
You Can Cancel The Short Sale Process And Listing At Any Time.

Have you tried a loan mod?

Did you received a loan modification with unrealistic expectations?

Did you pay a loan mod company a retainer with no satisfactory result?

IT MAY BE TIME TO CALL A PROFESSIONAL

Please visit my website for more home owner short sale information, faq's, foreclosure information, recently closed short sales and to find out more about me.

Recent Case Files:

Anaheim, CA: Owed 530k on a 1st and 2nd loan. Lender settled for a sales price of 281k. No out of pocket from the owner. Foreclosure date was postponed once.

View more case files at www.shortsalesoc.com

Mike Pahua

Realty ONE Group

(949) 309-2400

ca dre# 01461649

Info @ PGcoastal.com

GET MORE INFO FROM TOP ORANGE COUNTY SHORT SALE REALTOR

Search Orange County Rentals - Updated Every 4 Hours - The most complete list available

2010-07-11T08:39:00.001-07:00

THE MOST COMPLETE LIST AVAILABLE

ACCURATE, UPDATED EVERY 4 HOURS

VIEW ADDRESSES, MAPS, PICTURES, AND VIRTUAL TOURS

SCHEDULE A SHOWING BY EMAIL

Search Orange County Rentals by City

Aliso Viejo	La Palma	Placentia
Anaheim	Ladera Ranch	Rancho Santa Margarita
Anaheim Hills	Laguna Beach	Rossmoor
Brea	Laguna Hills	San Clemente
Buena Park	Laguna Niguel	San Juan Capistrano
Corona Del Mar	Laguna Woods	Santa Ana
Costa Mesa	Lake Forest	Silverado/Modjeska
Coto de Caza	Los Alamitos	Seal Beach
Cypress	Midway City	Trabuco Canyon
Dana Point	Mission Viejo	Stanton
Fountain Valley	Portola Hills	Sunset Beach
Fullerton	Newport Beach	Surfside
Garden Grove	Newport Coast	Tustin
Huntington Beach	North Tustin	Villa Park
La Habra	Orange	Westminster
Irvine	Orange Park Acres	Yorba Linda

PROVIDED BY:

Mike Pahua

Keller Williams Realty

(949) 309-2400

ca dre # 01461649

View All Orange County Foreclosures (100% Bank Owned Homes) NO SHORT SALES

2010-07-11T08:38:00.000-07:00

THE BEST FORECLOSURE SEARCH AVAILABLE

NO COSTS NO FEES TO SEARCH

ACCURATE, UPDATED EVERY 4 HOURS

100% BANK OWNED HOMES. NO SHORT SALES

SCHEDULE A SHOWING BY EMAIL

VIEW ADDRESSES, MAPS, PICTURES, AND VIRTUALS TOURS

Search Orange County Foreclosures by City

Aliso Viejo	La Palma	Placentia
Anaheim	Ladera Ranch	Rancho Santa Margarita
Anaheim Hills	Laguna Beach	Rossmoor
Brea	Laguna Hills	San Clemente
Buena Park	Laguna Niguel	San Juan Capistrano
Corona Del Mar	Laguna Woods	Santa Ana
Costa Mesa	Lake Forest	Silverado/Modjeska
Coto de Caza	Los Alamitos	Seal Beach
Cypress	Midway City	Trabuco Canyon
Dana Point	Mission Viejo	Stanton
Fountain Valley	Portola Hills	Sunset Beach
Fullerton	Newport Beach	Surfside
Garden Grove	Newport Coast	Tustin
Huntington Beach	North Tustin	Villa Park
La Habra	Orange	Westminster
Irvine	Orange Park Acres	Yorba Linda

PROVIDED BY:

MIKE PAHUA

KELLER WILLIAMS REALTY

949-309-2400

DRE # 01461649

FREE ADVICE AND SHORT SALE SERVICE FOR ORANGE COUNTY HOMEOWNERS FROM TOP REALTOR

2010-07-11T08:29:00.000-07:00

Frequently Asked Questions (FAQ) about Short Sales:

Q. What is a Short Sale?

Q. Who pays the fees in a Short Sale?

Q. How do I qualify for a Short Sale?

Q. What is a legitimate Hardship?

A. Your financial hardship can take many forms. The most common hardships include one or more of the following. Job Loss or Reduction of Income, Divorce, Illness, Mortgage Payment Increases, Debt Increases, etc… Every home owner’s situation is different so you are encouraged to call for a confidential consultation.

Q. How long does a Short Sale take?

Q. Why would a bank agree to a Short Sale?

A. For a lender, doing a short sale avoids many of the costs associated with the foreclosure process. Attorney fees, delays from borrower bankruptcy, damage to the property, repair costs associated with resale, additional property tax, property insurance, etc. all must be paid by the bank during a foreclosure until it’s resold. In a short sale, the lender is able to cut its losses by getting rid of the property faster and avoiding many of the expenses.

The Short Sale Services I offer:

Free, Confidential, and No Obligation Consultation at your home.

No Cost to you. The bank will pay the all the commissions and closing costs.

No Obligation. Cancel your listing at any time.

Weekly Updates on the status of your Short Sale.

You may still pursue a loan modification during the short sale process.

Industry proven short sale system with a 97% success rate.

Experience. I've worked with all the major lenders.

You may remain in your home during the short sale process.

Discreet Sales Process. No one will know your home is for sale. (some restrictions apply)

I am sympathetic to your needs and I will hold your hand the entire time.

Please remember that experience counts. In most cases, you will only get 1 chance to complete a short sale. Hiring the right agent makes all the difference.

The more time you have the better your chances are for a successful short sale.

I urge you to contact me as soon as possible to schedule a Free, No Obligation Consultation.

I only need about 5 minutes to determine whether or not a short sale could work for you.

You have nothing to lose, please call me. I can help. –Mike Pahua

Mike Pahua

The Pahua Group

Keller Williams Realty

(949) 309-2400 Office

Mike@PGcoastal.com

Dre # 01461649

Orange County Foreclosure List

2009-12-21T18:38:00.000-08:00

Huntington Beach Foreclosure Hot List

2009-12-20T17:40:00.000-08:00

RIVERSIDE FORECLOSURES

2009-06-23T09:20:00.005-07:00

View all the Riverside Foreclosures. Search addresses, map the properties, view pictures and virtual tours. No cost with easy registration. Updated every 4 hours.

Riverside County is a county located in the southeastern part of the U.S. state of California, stretching from Orange County to the Colorado River, which is the border with Arizona. This county is part of the Riverside-San Bernardino Area, in a region of Southern California known as the Inland Empire.
The population of Riverside County was 1,545,387 in 2000, and the 2007 population has been estimated at 2,073,571[1]. The county seat is the city of Riverside.
Geographically, the county is desert. Most of Joshua Tree National Park is located in the county. Riverside County lies inland of Los Angeles, and south of San Bernardino. Large numbers of Los Angeles workers have moved to the county in recent years to take advantage of relatively affordable housing. Alongside neighboring San Bernardino County, it is one of the fastest growing parts of the Inland Empire. This spawned a wave of toll road construction in the area in the 1990s, starting with the addition of toll commuter lanes to the State Route 91 freeway, the main traffic artery to the western metropolitan area. In addition, smaller, but significant, numbers of people have been moving into southern Riverside County from the San Diego metropolitan area. The cities of Temecula and Murrieta account for 20% of increase in population of Riverside County between 2000 and 2007.
The famous resorts of the Coachella Valley such as Indian Wells, La Quinta, Rancho Mirage, Palm Springs and Palm Desert are located in Riverside County. Indio is the center of an important date growing region.

ORANGE COUNTY FORECLOSURES

2009-06-23T09:20:00.003-07:00

View all the Orange County Foreclosures. Search addresses, map the properties, view pictures and virtual tours. No cost with easy registration. Updated every 4 hours.

Orange County is a county in Southern California, United States. Its county seat is Santa Ana. The state of California estimates its population as of 2008 to be 3,121,251, making it the third most populous county in California, behind Los Angeles County and San Diego County.[1]
The county is famous for its tourism, the home of such attractions as Disneyland and Knott's Berry Farm, as well as several beaches along more than 40 miles (64 km) of coastline. Historically, it has also been known for its cultural contributions, especially in the genres of ska and punk music. It is also recognized for its nationally known centers of religious worship, such as Crystal Cathedral, Saddleback Church, and Calvary Chapel. It is often portrayed in the media as an affluent and politically conservative region.
Whereas most population centers in the United States tend to be identified by a major city, there is no defined urban center to Orange County. It is mostly suburban, except for some traditional downtown areas such as those of Anaheim, Santa Ana, Orange, Huntington Beach, and Fullerton. There are also several edge city-style developments such as the South Coast Metro and Newport Center.
While Santa Ana serves as the governmental center of the county, Anaheim is the main tourist destination and Irvine is the major business hub. Four Orange County cities have populations exceeding 200,000: Santa Ana, Anaheim, Irvine, and Huntington Beach.[2]
Thirty-four incorporated cities are located in Orange County; the newest is Aliso Viejo, which was incorporated in 2001. Anaheim is the oldest, incorporated in 1870 when the region was still part of neighboring Los Angeles County.

SAN JUAN CAPISTRANO FORECLOSURES

2009-06-23T09:20:00.001-07:00

View all the San Juan Capistrano Foreclosures. Search addresses, map the properties, view pictures and virtual tours. No cost with easy registration. Updated every 4 hours.

San Juan Capistrano (pronounced [sæn wɑn kæpɪˈstɹɑnoʊ] in English and [san xwan kapisˈtɾano] in Spanish) is a city in southern Orange County, California, USA, located approximately 23 miles (37 km) southeast of Downtown Santa Ana. The current OMB metropolitan designation for San Juan Capistrano and the Orange County Area is “Santa Ana-Anaheim-Irvine, CA.” The population was 33,826 at the 2000 census. The city was created around Mission San Juan Capistrano, and many of the homes and strip malls resemble the Spanish architecture that compose the building. It is home to the widest variety of homes in Orange County, with 10 million dollar homes in the gated communities of the hills, homes built prior to 1900 in its central district — some being adobes from the 18th century — and working ranches in its foothills. San Juan Capistrano is probably best known for the annual migration of the Cliff Swallows, who reputedly migrate each year between Argentina and the Mission San Juan Capistrano.

SAN CLEMENTE FORECLOSURES

2009-06-23T09:19:00.006-07:00

View all the San Clemente Foreclosures. Search addresses, map the properties, view pictures and virtual tours. No cost with easy registration. Updated every 4 hours.

Prior to the arrival of the Spanish, the area was inhabited by what came to be known as the Juaneño Indians. Long admired by explorers and passing settlers, it remained virtually uninhabited until 1776, when Mission San Juan Capistrano was established by Father Junipero Serra and led both Indian and Spanish settlers to set up villages nearby. After the founding of Mission San Juan Capistrano, the local natives were conscripted to work for the mission.
Property rights to the land exchanged hands several times, but few ventured to build on it until 1925, when former Mayor of Seattle, Ole Hanson purchased and designed a 2,000-acre (8.1 km2) community. Hanson believed that the area's pleasant climate, beautiful beaches and fertile soil would serve as a haven to Californians who were tired of "the big city". He named the city after San Clemente Island, which in turn was named by the explorer Vizcaino in 1602 after Saint Clement, whose feast day occurs on November 23, the day of Vizcaino's arrival on the island.

RANCHO SANTA MARGARITA FORECLOSURES

2009-06-23T09:19:00.005-07:00

View all the Rancho Santa Margarita Foreclosures. Search addresses, map the properties, view pictures and virtual tours. No cost with easy registration. Updated every 4 hours.

The city seal has the brands of Rancho Mission Viejo and Rancho Santa Margarita and Las Flores on the border, with artwork containing Santiago Peak in the background. The tower in the foreground symbolizes the Rancho Santa Margarita Lake Tower.
Hughes Aircraft Company's Microelectronic Systems Division and Connecting Devices Division moved to Rancho Santa Margarita in May 1988 from Irvine. In August 1992 the Hughes plant closed its facilities and moved the division to Carlsbad, California due to budget constraints in the aerospace industry.
La Cañada Flintridge had the longest city name in California with 18 letters until January 1, 2000, when the title was ceded to Rancho Santa Margarita upon the latter's incorporation.

MISSION VIEJO FORECLOSURES

2009-06-23T09:19:00.003-07:00

View all the Mission Viejo Foreclosures. Search addresses, map the properties, view pictures and virtual tours. No cost with easy registration. Updated every 4 hours.

Mission Viejo (anglicized pronunciation IPA: /ˈmɪʃən viːˈeɪhoʊ/) is a city located in southern Orange County, California in the Saddleback Valley and has been named the safest city in the US according to a 2007 Morgan Quitno crime statistic survey (compiled from FBI data). Mission Viejo is considered one of the largest master planned communities ever built under a single project in the United States, and is rivaled only by Highlands Ranch, Colorado in its size. As of the 2007 census, the city had a total population of 98,483.
Mission Viejo is suburban in nature and culture. The city is mainly residential, although there are a number of offices and businesses within its city limits. The city is planned and features a very large number of single-family homes, some condominiums, a two-year community college, and a regional mall.

LAKE FOREST FORECLOSURES

2009-06-23T09:19:00.001-07:00

View all the Lake Forest Foreclosures. Search addresses, map the properties, view pictures and virtual tours. No cost with easy registration. Updated every 4 hours.

Lake Forest is a city in Orange County, California, United States. The population was 78,243 as of 2007.[1] With 6,274 inhabitants per square mile (2,422 /km2), it is currently the most densely populated city in South Orange County.
Lake Forest incorporated as a city on December 20, 1991. Since being incorporated, it has expanded its limits to include the communities of Foothill Ranch and Portola Hills. Foothill Ranch and Portola Hills are master planned developments that brought new homes and commercial centers to the Eastern boundary of Lake Forest throughout the 1990s. Lake Forest (along with its neighboring cities Mission Viejo and Irvine) is ranked as one of the safest cities in the country. The private research firm Morgan Quitno ranked Lake Forest as the 15th safest city and another firm later ranked Lake Forest 10th in 2007 in the United States.

LAGUNA NIGUEL FORECLOSURES

2009-06-23T09:18:00.006-07:00

View all the Laguna Niguel Foreclosures. Search addresses, map the properties, view pictures and virtual tours. No cost with easy registration. Updated every 4 hours.

Laguna Niguel is a city located in southern Orange County, California. The name "Laguna Niguel" is derived from the Spanish word "Laguna" which means lagoon, and the word "Nigueli" which was the name of a Juaneño Indian village that was once located on Aliso Creek.[citation needed] The population was 61,891 at the 2000 census. The city was primarily built after 1980 as an unincorporated master planned community located in the San Joaquin Hills near Laguna Beach. It borders Laguna Beach, Dana Point, San Juan Capistrano, Mission Viejo, Laguna Hills, and Aliso Viejo.

LAGUNA HILLS FORECLOSURES

2009-06-23T09:18:00.005-07:00

View all the Laguna Hills Foreclosures. Search addresses, map the properties, view pictures and virtual tours. No cost with easy registration. Updated every 4 hours.

Laguna Hills is a city located in southern Orange County, California. Located Off El Toro Road in the northern most portion of the city is the new Laguna Hills Civic Center and City Hall. This area also is home to the Laguna Hills Mall, bringing vast wealth to the small city's finances by having a major mall in its borders. The mall is anchored by Sears, Macy's, and JC Penney, but suffers by being in between the more upscale Shops at Mission Viejo 5 minutes south and the Irvine Spectrum 5 minutes north, both offering more shops in a more modern design. The mall caters primarily to the community of senior citizens, Laguna Woods Village.