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Santa Monica Short Sales in March 2010

by jasonimprota March 15, 2010 Short Sale Blog

The map above indicates short sales that are either active or looking for back-up (and for short sales that is not necessarily a bad thing) that are on the market right now in Santa Monica. Our buyers are getting deals on short sales all over the place. We are getting approvals and making them happen. …

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Identity Theft is Serious!

by jasonimprota March 14, 2010 Calabasas Blog

What is identity theft?

Identity theft occurs when someone uses your personally identifying information, like your name, Social Security number, or credit card number, without your permission, to commit fraud or other crimes.

The FTC estimates that as many as 9 million Americans have their identities stolen each year. In fact, you or someone you know may …

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There is another way out. CBS News…

by jasonimprota March 13, 2010 Calabasas Blog

There is another way out…

Avoid foreclosure. We specialize in short sales. Don’t let it happen to you.

Calabasas and Westside real estate and homes for sale

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Short Sales on the Market in Calabasas

by jasonimprota March 12, 2010 Calabasas Blog

The map above indicates short sales that are either active or looking for back-up (and for short sales that is not necessarily a bad thing) that are on the market right now in Calabasas. Our buyers are getting deals on short sales all over the place. We are getting approvals and making them happen. Despite …

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Will Rise in Short Sales from HAFA Mean Rise in Fraud?

by jasonimprota March 11, 2010 Calabasas Blog

When the Home Affordable Foreclosure Alternatives (HAFA) program launches on April 5, 2010, it is expected that there will be a significant increase in the demand for short sales. With that, unfortunately, there is also an anticipated rise in fraud from unscrupulous borrowers, and lenders are putting systems in place to protect themselves.

The US Treasury …

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HAFA Short Sale Rules may Help Sellers

by jasonimprota March 7, 2010 Calabasas Blog

Homeowners struggling to sell their homes in a short sale are getting some relief, thanks to the federal government’s Home Affordable Foreclosure Alternatives, or HAFA, program.

Up to now, many short sales — in which the lender accepts a sale of the property for less than the full amount owed — have taken …

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How Fast Can Short Sales Get Done?

by jasonimprota February 23, 2010 Calabasas Blog

Would you believe it if I told you 24 hours for an initial response from the bank and 7-10 days for approval????

I assume we have all heard stories about what a nightmare short sales are, right? About how the banks are unable or unwilling to do right by struggling homeowners.  About how the process takes …

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Suze Orman discusses Tax Breaks and Short Sales

by jasonimprota February 22, 2010 Calabasas Blog

(Video quality leaves something to be desired)

Suze Orman offers advice to people on many financial topics. You may agree with some and you may not agree with others but I have to support her passion for wanting help homeowners avoid foreclosure. It is our goal as real estate agents to assist homeowners avoid foreclosure and …

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Understanding The Foreclosure Process

by jasonimprota February 20, 2010 Calabasas Blog

Foreclosure Defined

A foreclosure occurs when a property owner cannot make principal and/or interest payments on his/her loan, typically leading to the property being seized and sold.

Stages of Foreclosure

The foreclosure process is not very difficult to understand. There are several stages during which a homeowner has an opportunity to bring the loan current or seek alternative …

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Struggling Home Owners Have Options…

by jasonimprota February 19, 2010 Calabasas Blog

Unfortunately we are living in some difficult economic times. The housing market is struggling (to put it mildly) and unemployment has skyrocketed and is still rising. Countless homeowners are struggling to make their monthly mortgage payments or are upside down on their loan amounts. Things are tough and far too many people have faced or …

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