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I am a Real Estate agent with my background and specialty in Commercial and Investment property. I also own and manage my own residential income property. I also have expertise in Short Sale transactions through a bank relationship I have formed. If you are looking to buy or sell in the Los Angeles area, from Santa Monica to Pasadena my group would be happy to help. My direct cell number is (310) 625-6398 or e-mail at alsiebs@gmail.com
Alan Siebenaler
The Invest LA Group
Keller Williams
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Help for Stressed Owners on Short Sales - Free no obligation Personal consultation with Realtor that specializes in Short Sales 24hr VM pager 877-870-4462 - Fri Jan 25 2008, 23:47
(a) Yes it affects your credit - but not as bad as foreclosure!
(b) As of Dec 20, 2007 short sales for principle residences will not face a tax on their forgiven debt! See a CPA for more details, or contact me below.
(c) Yes - banks can continue to review offers, but I build a "first right of refusal" into contracts for my buyers
Help for Stressed Owners 24hr pager 877-870-4462 - Fri Jan 25 2008, 23:43
I always try and build into any short sale offer a "right of first refusal" for my buyer. Of course the banks will continue to review offers as they come in, but this will give my buyer the chance to step up to those offers or not. It sounds like the bank countered you so you at least had the chance here to decide if you were going to move forward? I have short sale expertise mainly in the Los Angeles area but every lender has been different. Help for Stressed Owners 24hr pager 877-870-4462. - Fri Jan 25 2008, 23:39
It depends what things are most important to you. I do work a lot in these area's and would be happy top e-mail you a report of options. If you just wanted me to rank I would say (1) El Sereno (2) Highland Park (3) Lincoln Heights (4) Happy Valley (5) Montecito Heights - - but my ranking could change dramatically listening to what your looking for! Alan Siebenaler - The Invest LA Group -- alsiebs@gmail.com -- (310) 625-6398 - Fri Jan 25 2008, 23:30
I have software that I can plug your criteria in that you are looking for in units (cities and price ranges) in Los Angeles area's and it will automatically e-mail you the day something comes on the market. I do not charge for this service, it is FREE and my background is income properties. Feel free to e-mail me at alsiebs@gmail.com your criteria and how to get ahold of you and I can arrange it. - Fri Jan 25 2008, 23:25
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