How Do I Find Foreclosure Properties?

We are often asked by potential buyers about the "shadow inventory" of foreclosed properties. How do you find out about the bank-owned properties that haven't yet come on the market? There are many homes in the process of foreclosure that will be listed in the Multiple Listing Service (MLS) at … [Read more...]

Facing Foreclosure in Long Beach?

If you behind on your mortgage payments or facing foreclosure of your Long Beach home, you may be wondering what your options are. My team and I have worked with lots of homeowners in this situation. We've been able to help homeowners successfully avoid foreclosure even when the trustee sale was … [Read more...]

2075 E Appleton St #18

JUST SOLD! Charming condo in the Alamitos Beach area of Long Beach. The spacious living room has hardwood floors and is wired for surround sound. The kitchen features a new vinyl floor, updated countertops, & built-in microwave. There is one large bedroom, and a bonus room that could be used as … [Read more...]

Long Beach Foreclosures Can Be a Good Deal

If you've been considering buying a home in Long Beach, California, this could be a good time. Right now, there are a number of distressed properties on the market with reasonably low prices. Both short sales and foreclosures can represent good deals for Long Beach home buyers and the fact that … [Read more...]

Long Beach CA Short Sale Expert Offers Advice to Struggling Homeowners

If you or someone you know is considering a short sale of your Long Beach area home, it's important to get all the facts.   Many times when people fall behind their mortgage, they get bombarded with information and solicitations but aren’t sure where to turn. If you do nothing, the eventual … [Read more...]

And the rich get richer…

Did you see the story about the Kluge mansion in Virginia? Like many American homeowners, Patricia Kluge lost her home to foreclosure. But her cae was a bit different. Her home was a 24,000 sq. ft. palace with 45 rooms, a spa, home theater, and 3,500 bottle wine cellar. Apparently the one thing … [Read more...]

Thinking of buying a fixer? Consider a 203(k) loan!

If you've ever dreamed of buying a fixer and making it your own but lacked the money to do the actual fixing, you may wish to consider buying with a 203(k) rehabilitation loan. We come across homes for sale in Long Beach, Lakewood, and Signal Hill all the time that need lots of work -- short … [Read more...]

Long Beach Market Update

During the first quarter of 2011, 425 single family homes sold in Long Beach, slightly fewer than the 450 that sold during the same time period in 2010. For the first quarter this year, the average sales price for homes that sold in Long Beach was $393,381, just slightly down from the average … [Read more...]

Strategic default may not be strategic

Recently, I've heard the term "strategic default" being used more frequently from homeowners in Long Beach, Lakewood and surrounding communities. It shouldn't be a surprise. With more than 25 percent of homeowners now owing more than what their homes are worth and millions more having a hard time … [Read more...]

Buying a Long Beach Foreclosure or Short Sale

If you're looking for a distressed property in Long Beach, you have many to choose from. Of the 755 houses for sale in Long Beach right now, 319 of them are either short sales or foreclosures. Distressed properties are a part of the real estate landscape right now. Buyers may consider … [Read more...]