Bank Owned Foreclosure

What is Fannie Mae doing to stabilize the housing market?

by Robert Mack August 20, 2010 Buyers

Yesterday, I was invited to the Fannie Mae regional listing broker training in Long Beach California and I have to say it was such an eye opening experience. If you have ever had the opportunity to view a bank owned home, you know that 90% of them are not in the best condition (to say [...]

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Buying a home in Irvine? How to avoid appraisal issues from popping up!

by Robert Mack August 5, 2010 Buyers

With the overwhelming number of short sales available for sale in Irvine, Orange County, the demand for standard re-sale and bank owned homes have become dramatically high! From personal experience, many home buyers become very frustrated with the long drawn out process (not to mention the amount of uncertainty) of waiting for a short sale approval and [...]

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How to buy a bank owned home in Irvine – You Tube Video!

by Robert Mack December 1, 2009 Irvine Real Estate

I just got this link emailed to me by one of the biggest foreclosure agents in my area and when I watched it, I literally fell out of my seat laughing. It can be a bit over the top, but if you are an agent working with buyers and bidding on foreclosured homes, you will [...]

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Foreclosure, Standard Re-Sale, or Short Sale: Which type of sale is the best in IRVINE?

by Robert Mack August 14, 2009 Irvine Real Estate

There are 3 types of sales that we are experiencing in current IRVINE market place….No one sell is better than the other, however knowing more about each type of sale may help you understand the pro’s and con’s of each type of sale. 1. Standard resale homes – This is where you are actually negotiating [...]

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7 sure fire ways to increase your chances of getting your offer accepted on an IRVINE foreclosure.

by Robert Mack August 12, 2009 Irvine Real Estate

Let’s face it…..most people associate a “good deal” with a bank owned foreclosure, especially in Irvine, California. Currently there are only a handful of bank owned homes in Irvine, at only 9 total. Irvine foreclosures are sold just as fast as they are listed, especially if they are priced to sell, which most of the [...]

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Sales are up in Irvine by almost double!!

by Robert Mack May 19, 2009 Irvine Real Estate

Summer is right around the corner and sales are definitely picking up. The number of homes that sold in Irvine, Orange County for the month of January 2009 was 77. The number of homes that sold in the month of April 2009 was 131! That’s almost double!! Where are these sales coming from? Well 18 [...]

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