tag:blogger.com,1999:blog-197259792024-09-24T10:36:05.279-07:00Welcome to the Orangecrest Riverside California Real Estate Blog, posted by Scott Chappell & Brian Bean, The Authority on Orangecrest Real Estate! Our mission is to keep you updated on the latest news and market information from Orangecrest. We will periodically provide market updates, neighborhood happenings and information about homes just listed and sold. In addition, we'll post national & regional news with a direct impact on homeowners in Orangecrest and the surrounding communities.DreamBigRealEstatehttp://www.blogger.com/profile/03311552830956240960noreply@blogger.comBlogger342125tag:blogger.com,1999:blog-19725979.post-86362761780721038212013-01-07T07:02:00.000-08:002013-01-07T07:02:57.693-08:00

Short Sale Lease Back | Bank of America Short Sale | Brian Bean & Tim Hardin | Riverside Short Sales Bank of America approves short sale with lease back Another homeowner has completed a short sale in which their lenders have allowed them to stay in the property as a tenant and perhaps repurchase the home in three years. The sale was closed through the Short Sale Lease-Back Program, a

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HAFA Short Sale | Relocation Incentive | Short Sale Lease Back | Riverside Short Sales Agents | Riverside Real Estate Agents Treasury streamlines HAFA Short Sale Program The U.S. Treasury Dept. this week announced new guidelines to streamline and standardize the HAFA Short Sale Program, which provides a $3,000 relocation incentive for qualified homeowners. Among the changes, Treasury’s

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Foreclosure Discount Shrinks | Short Sale vs. Foreclosure | Riverside Home Prices | Riverside Real Estate Agents | Riverside Short Sale Agents Low inventory wipes out foreclosure discount    With the number of homes available for sale at an all-time low, the price difference between standard “equity” sales and bank foreclosures has all but dried up. Real estate evaluation service

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Mortgage Forgiveness Debt Relief Act | Mortgage Forgiveness | Tax Exemption | Short Sale Tax Exemption | Riverside Short Sale Agents Mortgage Forgiveness Act Possibly Headed for Extension A little bird told us this week that the federal Mortgage Forgiveness Debt Relief Act of 2007, which gives a massive tax exemption to some distressed homeowners after a short sale, will be extended before it

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Relocation Incentive | Short Sale Agents | Fannie Mae | Freddie Mac | Riverside Real Estate | Riverside Short Sales New short sale rules standardize seller cash incentives New short sale guidelines may make it easier for a distressed homeowner to receive cash to move after a short sale. Mortgage giants Fannie Mae and Freddie Mac on Nov. 1 launched a revamped and cohesive short sale

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Fannie Mae Short Sales | Freddie Mac Short Sales | Riverside Short Sale Agents | Brian Bean and Tim Hardin | Short Sale in Riverside Fannie, Freddie now allow short sales on current loans Homeowners who are current on their mortgage payments but headed for trouble have new options this week. Mortgage giants Fannie Mae and Freddie Mac on Thursday launched a revamped and cohesive short sale

DreamBigRealEstatehttp://www.blogger.com/profile/03311552830956240960noreply@blogger.comtag:blogger.com,1999:blog-19725979.post-67253540597101695592012-11-03T08:46:00.001-07:002012-11-03T08:49:16.020-07:00

19135 La Quinta Place, Apple Valley, CA HUGE LOT AND GREAT FLOORPLAN WITH CASITA

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14944 Fair Meadows Lane, Moreno Valley, CA SOARING CEILINGS NEAR PARK AND SCHOOLS

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HALF-ACRE POOL HOME

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BEAUTIFUL ORANGECREST HOME

DreamBigRealEstatehttp://www.blogger.com/profile/03311552830956240960noreply@blogger.com19672 Allenhurst St, Riverside, CA 92508, USA33.899136 -117.31866233.897479499999996 -117.3211295 33.9007925 -117.31619450000001tag:blogger.com,1999:blog-19725979.post-2887686224110558522012-11-01T19:01:00.000-07:002012-11-01T19:01:09.701-07:00

<!--[if gte mso 9]> 0 0 1 851 4857 Dream Big Real Estate 40 11 5697 14.0 <![endif]--> <!--[if gte mso 9]> Normal 0 false false false EN-US JA X-NONE <![endif]--><!--[if gte mso 9]>

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Mortgage Delinquencies Spike | Riverside Short Sale Agents | Brian Bean and Tim Hardin | Mortgage Forgiveness Debt Relief Missed mortgage payments spike in September The number of homeowners who missed a mortgage payment jumped unexpectedly in September. The delinquency rate, which measures the number of home loans 30 or more days past due, reached 7.4 percent, according to Lender Processing

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Riverside Short Sale Agents | Short Sale vs. Foreclosure | Brian Bean and Tim Hardin | Riverside Real Estate&nbsp; Short Sales on the increase as foreclosures fall Short sales are expected to overtake foreclosure in 2013 as the dominant workout solution for distressed homeowners. Credit-rating agency DBRS attributed the change to “the record number of servicers that are using short sales as

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Strategic Default vs. Short Sale | Avoid Foreclosure | Brian Bean and Tim Hardin | Riverside Short Sale Agents | Riverside Real Estate One-third of Americans justify strategic default In the wake of plummeting home values and government bailouts, Americans are more open to simply walk away from their underwater mortgages. Nearly one-third of Americans said homeowners should be allowed to

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Short Sale Lease-Back | Short Sale and Stay | Brian Bean and Tim Hardin | Riverside Short Sale Agents | Short Sale and Buy Back Short Sale Lease-Back Program ramps up in California The Short Sale Lease-Back Program is expanding in California. Nearly 40 California real estate agents from around the state completed the required training course last week and can now offer the program to

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Real Estate Statistics | Short Sale Lease Back | Brian Bean and Tim Hardin | Riverside Short Sale Agents | Shadow Inventory Dark truth lurks in the shadow inventory &nbsp;The infamous “shadow inventory” of distressed homes, which has cast a pessimistic hue over the housing market for years, appears to be easing. But is it too little, too late for underwater homeowners? Shadow inventory —

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Home Prices Increase | Riverside Home Sales | Brian Bean and Tim Hardin | Riverside Short Sale Agents | California Home Prices Low inventory, low interest rates boost Inland Empire home prices Following the basic laws of economics, high demand and low inventory combined for a vibrant and lively real estate market that reached a six-year high in August. A lack of available homes, historically

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Mortgage Forgiveness Expiring | Taxes on Short Sale | Brian Bean and Tim Hardin | Riverside Short Sale Agents&nbsp; Time’s up! Homeowners now need good Plan B With just three months left in 2012, it may be too late for some homeowners to avoid a massive tax bill after a short sale or foreclosure. Now, it’s time to think about Plan B. The federal Mortgage Forgiveness Debt Relief Act of 2007

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Fannie Mae Short Sale | Freddie Mac Short Sale | Brian Bean and Tim Hardin | Riverside Short Sale Agents | Short Sale vs. Foreclosure Fannie, Freddie overhaul and standardize short sales; new rules take effect Nov. 1 After years of complaints about fragmented and outdated policies, mortgage giants Fannie Mae and Freddie Mac will finally have a cohesive and united short sale program that

DreamBigRealEstatehttp://www.blogger.com/profile/03311552830956240960noreply@blogger.comtag:blogger.com,1999:blog-19725979.post-58985340382235605072011-11-29T18:49:00.001-08:002011-11-29T18:49:56.424-08:00

Obama's newly expanded HARP refi program for upside-down homeowners begins this week. Do you qualify? Check this out: http://ow.ly/7JiEq

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http://ping.fm/6SJFj

DreamBigRealEstatehttp://www.blogger.com/profile/03311552830956240960noreply@blogger.comtag:blogger.com,1999:blog-19725979.post-73257318431746407402010-07-24T08:02:00.001-07:002010-07-27T14:35:50.763-07:00

I've been waiting for Bank of America to sign off in the 2nd position on a strong offer from Litton so we can close another short sale. The numbers are there -- BAC will receive just a little more than the 5% of 1st lienholder's net, which is right in line with the stated guidelines. But the negotiator called me this week to tell me that they can't allow the title to change hands to an LLC.Uhh,

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Whenever there are people are distress, the vultures start to circle.Homeowners facing foreclosure, and looking desperately for help, are easy prey for unscrupulous foreclosure "experts" who care only about profiting from the misfortune of others. These homeowners with notices of default on a mortgage are targets for fraud, deception, harassment, and unfair dealings. Scammers may charge high fees

DreamBigRealEstatehttp://www.blogger.com/profile/03311552830956240960noreply@blogger.comtag:blogger.com,1999:blog-19725979.post-26132236127206273492010-07-18T12:12:00.001-07:002010-07-19T19:07:41.115-07:00

Foreclosure statistics released last week revealed some pretty hefty trends, with 1.65 million properties having experienced some sort of foreclosure filing in the first six months of 2010. But one fact was buried in the avalanche of numbers from online real estate tracker RealtyTrac:foreclosure short saleWe're on track for 3 million foreclosure filings this year.So many homeowners upside-down on

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