Foreclosure

How to foreclose on your home in Temecula the right way-Temecula Real Estate

by Monica Atherton November 16, 2011 Foreclosure

More and More people are finding themselves faced with the decision to foreclose on their Temecula homes. Making the decision to foreclose on your home is never an easy thing to do. Usually a homeowner has found themselves in a financial position where they can no longer afford to keep their home.

So what exactly …

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Temecula Real Estate – Life after a short sale

by Monica Atherton November 3, 2011 Foreclosure

You found that your home had dropped 50% over the last few years. Maybe you had lost your job, were relocated, had health issues or found yourself unable to dig yourself out of your financial hole. Although the thought of a Short-Sale or Foreclosure made you shutter, there was no other way out.

With Short Sales …

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Avoid Foreclosure: Properly Handling An Underwater Mortgage-Bank Owned Properties in Temecula-Murrieta-Menifee

by Monica Atherton May 7, 2011 Foreclosure

The unstable environment of a bad economy can leave homeowners dreading how low their home values will go. Zillow, an online real estate marketplace, revealed that people who purchased homes when most markets peaked had the highest rates of negative equity when the real estate market collapsed. …

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The Temecula Foreclosure and Short Sale Market-5 Most Common Mistakes

by Monica Atherton May 5, 2011 Foreclosure

Roughly forty percent of the homes for sale on today’s market are short sales and foreclosures! Distressed properties are well known for their value (a reputation which is sometimes accurate, and sometimes not), but they also have a reputation for causing buyers to become distressed, too!Transactional …

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5 Things to Look for When Hiring a Contractor-Temecula-Murrieta-Bear Creek-92562-Copper Canyon-Greer Ranch-Wine Country-Luxury Estates-Homes For Sale-Listings-Realtor-Real Estate

by Monica Atherton May 4, 2011 Foreclosure

It’s spring, which means for many of us, it feels like it’s time for some remodeling—perhaps a sprucing up of the kitchen or an upgrade on the bathroom. We’re not alone with our desire to renovate—homeowners who have put off small projects are now feeling more confident …

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Temecula Foreclosures and Rehabbed REOs spend less time on market

by Monica Atherton April 30, 2011 Foreclosure

Most Realtors recommend sprucing up a home before putting it on the market, because a nicer-looking home sells quicker. The same theory permeates the foreclosed, or REO (bank-owned real estate), sector.

A recent study undertaken by a national field service company that works on REO properties not …

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Real Estate News in Temecula

by Monica Atherton April 27, 2011 Foreclosure

Fair Isaac, developer of the ubiquitous FICO score, has a new warning for homeowners plotting a strategic default or walkaway: We can now spot you in advance. We’ve developed a black-box risk-identification tool that enables lenders and mortgage servicers to tag you months in advance …

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Big Difference between a Short Sale and a Bank-owned Home-Temecula-Murrieta-Bear Creek-92562-Copper Canyon-Greer Ranch-Wine Country-Luxury Estates-Homes For Sale-Listings-Realtor-Real Estate

by Monica Atherton April 22, 2011 Foreclosure

A short sale is when the homeowner owes more on the mortgage than the home is currently worth and lacks the funds to make up the difference, but needs or wants to sell anyway. The homeowner may or may not be facing foreclosure. In a short sale, the lender …

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What happens to pets when Temecula Valley homeowners foreclose on their homes

by Monica Atherton November 14, 2010 Foreclosure

Animal Friends of the Valley, like most shelters, has seen a significant rise in animal drop offs and stray animals wandering neighborhoods. With so many people in the Temecula, Murrieta, Menifee and Wildomar areas forced to leave their homes in these tough economic times, they are finding that they can no longer care for their …

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