Irvine short sales

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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Who do you know that needs help with a SHORT SALE?

by Robert Mack June 7, 2010 Irvine Real Estate

I was reading an article the other day about home sellers who are experiencing difficulty in paying their monthly home payment, and the statistics were ALARMING…to say the least. The article said that over 50% of home owners now having trouble with their home payment or simply not even making their home payment will do [...]

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April 2010 Sales Activity for Irvine, Orange County is up Year-to-Year!

by Robert Mack May 7, 2010 Irvine Real Estate

Sales in Irvine, Orange County continue to SOAR compared to previous years. If you have been following my blog posts, this goes right in line with the Sales Statistics for the 1st Qtr Irvine Sales statistics for 2010! In April 2009 a total of 137 Homes sold. 25 of those were short sales with an average [...]

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How will a foreclosure or Short sale on your Irvine home impact your credit?

by Robert Mack April 23, 2010 Irvine Real Estate

I get this question all of the time, and to be honest, I never really know the “real” answer, since the FICO score is such a mystery to everyone. It’s like the google search engine! We all go by it and swear by it, but in the end, how do they really come up with the [...]

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Is your Irvine home loan owned by Freddie Mac or Fannie Mae

by Robert Mack March 3, 2010 Irvine Real Estate

If you are wondering if Freddie Mac or Fannie Mae owns your loan, then STOP! Checking is quite easy now! You may not even care, however if you are working on a short sale on your Irvine, Orange County home, you may want to have this information upfront so that you know what you are [...]

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Northpark Square foreclosures VS. Irvine, Orange County

by Robert Mack February 20, 2010 Irvine Real Estate

There is no doubt about it! Foreclosures are everywhere and many cities and counties have been affected. The good news (for Irvine) is that despite the high number of foreclosures and short sales in other parts of Southern California, Irvine hasn’t been hit so hard. Currently there are a total of 11 active or available foreclosed [...]

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The Short Sale Process – The 3 phases of your Irvine Short Sale (Part 3)

by Robert Mack February 11, 2010 Buyers

After reviewing all of your options, going over the short sale process, the paperwork involved, and the time frames you are working with, you have decided to apply for a short sale on your Irvine home. You have chosen an experienced short sale realtor to work with so that you gather all of the necessary paperwork to [...]

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The Short Sale Process – Preparing for your Irvine Short Sale (Part 2)

by Robert Mack February 9, 2010 Irvine Real Estate

So you have decided to do a short sale on your home in Irvine, Orange County. The Document Preparation phase is the first step of the short sale process and the most important. This is where your Realtor will work with you to collect all the information/documentation that the bank may require from a seller to even [...]

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Are banks becoming harder to work with on Irvine Short Sales?

by Robert Mack November 30, 2009 Irvine Real Estate

Everyday that I work with banks on Short Sales, something new happens that makes me wonder if there is any rhyme or reason to what they (the banks) are doing in the “short sale – customer service”. I am working with a buyer and we find a great property that is an approved short sale [...]

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Is this Woodbridge, Irvine home listed below market value?

by Robert Mack September 3, 2009 Irvine Real Estate Questions

Client Question – Hi Robert, I am on your subscriber list. Had an inquiry regarding 5 Goldenwren (Woodbridge). Is the $275K price correct, and if so, are there any problems with the property that you know of? We recently purchased a rental in Woodbridge and I note that this price seems to be below market. [...]

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