It is human nature to want a deal, and there are times in the housing market you can find one, especially in a down market. But this is a case of be careful what you wish for. From around mid-2008 to late 2012 during the recession the housing market collapsed, but L.A. was not hit […]
Looking For Foreclosures and Deals in L.A? Are You Sure? Read More »
Almost every buyer I meet asks about buying foreclosures in Los Angeles, because, like everyone, they are looking for a deal. And I always hear “I am looking for a deal.” Fortunately, or unfortunately, there are no deals in the desirable neighborhoods of Los Angeles. I use the term “no deals” loosely, because who knows, maybe
Buying Foreclosures in Los Angeles Read More »
We are back to the point about buying a Los Angeles home for a bargain. You generally get what you pay for. If you are thinking of buying a home at a foreclosure auction then beware of unknown matters that could pop up, as you will probably not be offered title insurance on the property. In
When Buying a Los Angeles Home at a Foreclosure Auction Beware of Unknown Matters Read More »
We often talk about different short sale incentive programs—HAFA, TAP, Bank of America Cooperative. Some of these programs also offer options and incentives for borrowers who are considering a deed-in-lieu of foreclosure. I do not write about deed-in-lieu very much, but thought it an appropriate topic since I have gotten a few calls and emails
A Los Angeles Foreclosure Alternative – Deed in Lieu Read More »
If you are thinking of buying a Los Angeles foreclosure or short sale you are going to have to have a lot of patience and put a great deal of trust in your real estate agent. Buying a Los Angeles Foreclosure When you are buying a foreclosure the human touch is basically removed from the
Buying a Los Angeles Foreclosure or Short Sale, Hold on, it Could be a Bumpy Ride Read More »
If you are thinking of walking away from your Los Angeles home, or doing a short sale on that home don’t automatically assume that you will not have taxes to pay on the forgiven portion of your debt. There are laws in place that protect the distressed Los Angeles homeowner from having to pay taxes
Are you leaning towards stepping into the investment market? You may get the idea that buying a foreclosure is your best bet for a great deal on a home. Well, it’s possible, but remember that the foreclosure market is full of perilous pathways and competitive investment pros who know what they’re doing. Whether you’re considering purchasing
Foreclosures – A Dream or a Debacle? Read More »
Should I buy a Los Angeles home in a short sale or foreclosure? Should I sell my home as a short sale or allow the bank to foreclose? These are questions faced by many Los Angeles home buyers and sellers in today’s tough times. What is a short sale? A short sale is when a
A Los Angeles Short Sale or Foreclosure, Which is Better? Read More »
Buying a Foreclosure in Los Angeles is not an easy process and not for the faint of heart. There are three stages of buying: Pre-foreclosure: This is when the home is in the process of being foreclosed on but has not been sent to the auctioneer’s table. This kind of sale is a short sale
Buying a Foreclosure in Los Angeles Read More »
