Foreclosure in Malibu : Advice

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Bobby LehmKu…, Real Estate Pro in 90265
Although the drop in default rates shows promise, the amount of shadow inventory still creates a dark loom over the future of housing prices, according to latest results from Standard & Poor's U.S.… Read more
Blogged Mon Jul 25, 2011 by Bobby LehmKuhl Market Conditions Foreclosure
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Bobby LehmKu…, Real Estate Pro in 90265
Although the drop in default rates shows promise, the amount of shadow inventory still creates a dark loom over the future of housing prices, according to latest results from Standard & Poor's U.S.… Read more
Blogged Mon Jul 25, 2011 by Bobby LehmKuhl Market Conditions Foreclosure
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Bobby LehmKu…, Real Estate Pro in 90265
Stop by the open house this Sunday. One of the best deals in Malibu on a single family residence. Open House - Sunday - 7/24 from 1-4p26322 Fairside Rd., Malibu, CA 902652B/2B$599,900Bank-owned. Open… Read more
Blogged Fri Jul 22, 2011 by Bobby LehmKuhl Home Buying Home Selling Foreclosure
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Bobby LehmKu…, Real Estate Pro in 90265
The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) applauds Gov. Jerry Brown on signing SB 458 (Corbett) into law.   SB 458 extends the protections of SB 931 (2010), to ensure that any lender that… Read more
Blogged Wed Jul 20, 2011 by Bobby LehmKuhl Foreclosure
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Bobby LehmKu…, Real Estate Pro in 90265
Mortgage default notice filings in California fell 19.2% in the second quarter over last year, establishing a four-year low when it comes to new foreclosures in the Golden State.Real estate data firm DataQuick made… Read more
Blogged Tue Jul 19, 2011 by Bobby LehmKuhl Market Conditions Foreclosure
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Bobby LehmKu…, Real Estate Pro in 90265
Processing problems at the major mortgage servicers pushed up to 1 million foreclosure actions that should have taken place in 2011 into 2012 and beyond, according toRealtyTrac.Lenders issued a foreclosure… Read more
Blogged Thu Jul 14, 2011 by Bobby LehmKuhl Market Conditions Foreclosure
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Bobby LehmKu…, Real Estate Pro in 90265
Bank of America announced this week it will accept back-up offers on short sales and will allow the back-up offer to take over if the first buyer does not complete the transaction, without requiring the… Read more
Blogged Thu Jul 14, 2011 by Bobby LehmKuhl Home Buying Home Selling Foreclosure
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Bobby LehmKu…, Real Estate Pro in 90265
Mortgage servicers completed 68,000 foreclosure sales on the courthouse steps in May, down 7% from the previous month and the second straight month of declines, according to the Hope Now alliance… Read more
Blogged Mon Jul 11, 2011 by Bobby LehmKuhl Foreclosure
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Gabriel Jones, Real Estate Pro in Agoura Hills, CA
So it only took 4 years to bring the price down but this has to be the strangest piece of land around.  31352 Mulholland Highway a vacant piece of land was listed in 2007 for 3.5M.  Listing description… Read more
Blogged Sat Jul 9, 2011 by Gabriel Jones Home Buying Home Selling Foreclosure
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Bobby LehmKu…, Real Estate Pro in 90265
 NEW LISTING - Bank-Owned/REO - 26322 Fairside Rd., Malibu, CA 90265 MLS #11-539001 2B/2B $599,900Bank-owned. Open floor-plan. Hardwood floors throughout. Living room with fireplace. Kitchen… Read more
Blogged Fri Jul 8, 2011 by Bobby LehmKuhl Home Buying Home Selling Foreclosure
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Bobby LehmKu…, Real Estate Pro in 90265
Short Sale Soundoff: Short Sale Soundoff: Citigroup offering incentives to short sale homeCitigroup's mortgage servicing branch CitiMortgage is offering an average of $12,000 to borrowers who complete… Read more
Blogged Thu Jun 30, 2011 by Bobby LehmKuhl Foreclosure
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Bobby LehmKu…, Real Estate Pro in 90265
Fannie Mae and Freddie Mac have a three-year waiting period following a foreclosure, and a two-year wait following a short sale, deed in lieu, or discharge or dismissal of bankruptcy. However, if borrowers… Read more
Blogged Thu Jun 30, 2011 by Bobby LehmKuhl Home Buying Financing Foreclosure
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Bobby LehmKu…, Real Estate Pro in 90265
Although there are a number of programs available to help homeowners who have defaulted on their mortgages keep their home, the large amount of misinformation tends to result in troubled homeowners failing… Read more
Blogged Fri Jun 24, 2011 by Bobby LehmKuhl Financing Foreclosure
Bobby LehmKu…, Real Estate Pro in 90265
California pending home sales rose in May, posting the first year-over-year increase in 18 months, C.A.R. reported Tuesday. C.A.R.’s Pending Home Sales Index (PHSI) was 118.3 in May, up 1.6 percent… Read more
Blogged Thu Jun 23, 2011 by Bobby LehmKuhl Foreclosure
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Bobby LehmKu…, Real Estate Pro in 90265
Foreclosure filing activity was down in May 2011, with fewer foreclosure filings in all states except California, where there was an increase in Notice of Trustee Sale filings, which may lead to more foreclosure… Read more
Blogged Fri Jun 17, 2011 by Bobby LehmKuhl Market Conditions Foreclosure
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Bobby LehmKu…, Real Estate Pro in 90265
Notice of Default filings fell in May 2011 with a 4.0 percent drop resulting in the fewest foreclosure starts since October 2008 when SB 1137 resulted in a temporary halt in the Notice of Default process.… Read more
Blogged Thu Jun 16, 2011 by Bobby LehmKuhl Market Conditions Foreclosure
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Bobby LehmKu…, Real Estate Pro in 90265
Bank of America  completed more short sales than it unloaded previously foreclosed homes every month for the last year and a half.In May, BofA completed roughly 9,000 short sales compared to 7,000… Read more
Blogged Wed Jun 15, 2011 by Bobby LehmKuhl Home Selling Foreclosure
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Bobby LehmKu…, Real Estate Pro in 90265
Foreclosure activity slowed in April. Foreclosure filings were down in Arizona, California, Nevada and Washington, with Oregon being the sole exception where filings were up. California filings were down… Read more
Blogged Tue May 17, 2011 by Bobby LehmKuhl Foreclosure
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Bobby LehmKu…, Real Estate Pro in 90265
More than 219,200 properties received a foreclosure filing in April, a 9% drop from March and the lowest level seen in 40 months, according to RealtyTrac.Filings – default notices, scheduled… Read more
Blogged Thu May 12, 2011 by Bobby LehmKuhl Market Conditions Foreclosure
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Bobby LehmKu…, Real Estate Pro in 90265
Freddie Mac sold roughly 31,000 previously foreclosed and repossessed homes in the first quarter, a new record for the company as both government-sponsored enterprises shed inventory from the end of last… Read more
Blogged Mon May 9, 2011 by Bobby LehmKuhl Financing Foreclosure
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