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Aaron Zapata, MBA

"Your Personal Real Estate Consultant"
Experience:
Broker-Associate for Prudential CA Realty January 2009—present
California Licensed Broker since 2002. I specialize in selling homes in North Orange…
Vice President & Sales Manager for Century 21 Ambassador August 1996—December 2008
I was a Sales Manager, Vice President, Sales Coach, and Corporate Trainer.
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Specialties:
- Luxury Sales
- Online Marketing
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Certifications
& Awards:
MBA from California State University, Fullerton
California Real Estate Broker License
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Interests:
Real Estate, Photography, Art, Religion, Family, Geocaching, Reading, Business
About:
Experience You Can Trust
Experience is critical when you choose a real estate agent and Aaron Zapata has the experience of a highly successful real estate
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Testimonials:
"“He put in the extra time to make sure I was informed…”
I recently worked with Aaron Zapata to purchase my first home and couldn’t be happier
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Aaron Zapata, MBA answered:
Gene,
This home may or may not be going into foreclosure depending on the intent of the owner. The home is currently in Default and that could mean that the seller is going for a loan modification. Most banks won't talk to homeowners unless they are behind on their mortgage so many owners stop making payments just to get the bank to talk to them. If they aren't going for a loan mod, then it will be months before the bank puts it on the market because they have steps to take before they get that far. If the home does go to auction, you have a chance to buy it for cash at the court house steps at the Trustee Sale. I don't have the exact address so I can't give you that info.

The $440,000 is an estimate of how much is owed on the 1st mortgage and NOT the value of the home. Homes in that neighborhood are closer to $600k.

Hope this helps! - Mon Nov 30 2009, 08:39

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