Are their any short sales or forclosure home in Cerritos. What is the best way to know about these other than?

Asked by Gupta, Fremont, CA Thu Mar 13, 2008

What is the best way to know about these other than from an agent? Can you recommend a good website which gets updated frequently

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Lee Tang, , Livermore, CA
Thu Mar 13, 2008
BEST ANSWER
I highly recommend working with a realtor in short sales and foreclosures, as these properties have more issues (taxes, liens, etc.) that may not be brought forward without an agent. While most of the resources require a monthly fee, some newer sites are popping up wtih these listings.

http://www.ShortSaleSheep.com

-lee
0 votes
Michael Del…, , Long Beach, CA
Wed Apr 14, 2010
Hi Gupta,

Cerritos foreclosures are updated on my site throughout the day.
Please visit http://www.cerritosliving.com
0 votes
Benny Chavez, Agent, BELLFLOWER, CA
Sun Apr 12, 2009
YEA : SOUTHERNCALIFORNIAHOMESEARCH.LISTINGBOOK.COM
0 votes
., , Los Angeles, CA
Sun Mar 8, 2009
Here i sit under the laundry mat vent
Baking the cookies of discontent

THERE ARE NO SHORT SALES (its an illusion)

A collateralized security owned by the pass thru cert holders IS managed by a TRUSTEE with a bias for the lender and against the note holders.

They will rely on a master servicing agent to administer the collections and recovery from the sub servicing agent who represents the Originator "lender" who is not a lender but called a "Depositor”. That party you all call a lender has solely an interest in the paper called “recourse”
Note: That means pay me back for the bad loan you made (solely upon early prepayment and default).

If foreclosure is involved the loan is actually insured in a recovery (MI mirror policy) and then the lender (what ever) stands to make something under the terrific Cash for Keys “Fake a Sale”.

In a revocery nothing else works - especially a short sale or modification ..Nothing.

Last month its was the No Note Show on 60 minutes (11 months of attacking the messenger on that one). Sometime around fall and Christmas is when the next revelation will be announced on some prime time news program....Cash for Keys “Fake a Sale”. Realtors Made to Suffer!

Short sales and modifications are wrongfully offered where (non agency) lenders steal back the home and have no motivation to see these deals to fruition!
0 votes
HSSD, , California
Tue May 27, 2008
The short sales are almost always handled with agents.
0 votes
Julia Huntsm…, Agent, Long Beach, CA
Thu Mar 13, 2008
Gupta, first of all, I'm a Realtor. Second, I can e-mail you a list of short pays and bank-owned properties in the Cerritos, no obligation. If interested, contact me at ocean@surfside.net. I work in the Long Beach, Cerritos areas and have been licensed since 1994.
Web Reference:  http://www.juliahuntsman.com
0 votes
Benjamin Bai…, Agent, Anthem, AZ
Thu Mar 13, 2008
There are numerous services out there that you can pay for to give you that information, and these services comb through county records of public information to provide you with the data. Instead of paying for the service, and because it is freely available you could comb through the data yourself...or you could pay nothing, and work with a REALTOR who may specialize in this type of property. I hope this helps.

Ben Bailey
Windermere West Valley
http://www.ArizonaPremiereLiving.com
480/220-8022
0 votes
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