Category Archives: Short Sale Properties

Home For Sale In Saugus: 27668 Haskell Canyon Road #B

Incredible opportunity for first time home buyer or investor!

The Lichen-Hooper Real Estate Team proudly presents their latest offering.

This is a condominium located in Saugus CA. 2 bedrooms, 1 bath with a separate vanity area and walk-in closet in the master bedroom. It is a short sale, but the property has been well kept. Located in a quiet complex, this condo also features a large patio and easy access to parking, swimming pool and amenities, and is within walking distance of the Bouquet Plaza shopping/dining center, Bouquet Canyon Park, and award winning schools. read more

Home For Sale In Agua Dulce: 8840 Sierra Highway

Short Sale property shows promise in this tri-level home with over 2200 square feet of living space on 2.5 acres of land.

The Lichen-Hooper Team proudly presents their latest real estate listing located at 8840 Sierra Highway in Agua Dulce.

This is a 4 bedroom 2 and a half bath single family residence tucked away from the road for those looking for a “country living” experience. It’s a tri-level home, with the main floor boasting a huge living room, spacious dining room and a country kitchen that opens up into the comfy family room.

The living room also features custom-built shelving and a gorgeous used-brick fireplace. Upstairs you’ll find 4 large bedrooms, including the spacious master suite complete with its own private bath and plenty of closet space. The remaining bedrooms are very large…perfect for your growing family. read more

Mortage Forgiveness Act to conclude at end of 2013

Late last night, Congress reached a settlement in the “fiscal cliff” negotiations. As a result, the Mortgage Forgiveness Debt Relief Act has been extended for another year. The measure will continue to exempt from taxation mortgage debt that is forgiven when homeowners and their mortgage lenders negotiate a short sale, loan modification (including any principal reduction) or foreclosure. REALTORS® should tell their clients to keep their short sales on the market and encourage them to consult with their own tax advisers about their tax situation. read more

Loan Modification Secrets

For some Homeowners in Danger of losing their home to Foreclosure, there has been a lot of Incomplete Information out there…. 

For example, many believe that a loan modification is a “cure-all” for distressed homeowners. While it is true that it can be a good option for some people, it isn’t always the best solution.

There are many more options available to homeowners. As a real estate professional with the Certified Distressed Property Expert (CDPE) designation, I have put together a list of 5 questions that anyone who is in danger of losing a home should ask before they make a decision.

If you are in need of “A Financial Life Line”…Take a look at the Resource Information on this site www.SCVResourceCenter.com and download a copy of my report entitled “Loan Modification Secrets.” read more

Foreclosure Fairytale – Why a Foreclosure is devastating and the alternatives available to you.

There is a lot of misinformation out there.

I would not be surprised to find out that you have heard that a foreclosure is sometimes the best option for you. Nothing could be further from the truth.Foreclosure Fairytale

For the vast majority of homeowners out there who are in danger of losing their homes, a short sale represents a vastly superior option.

The reality is that a foreclosure is a devastating option.

As a real estate professional with the Certified Distressed Property Expert (CDPE) designation, I have put together all of the benefits of a short sale over a foreclosure in a free report that is available to anyone. read more

WHAT IS HARP?

HARP is designed specifically to help borrowers who may be ineligible for traditional refinancing due to loss of home value or because they have little (or no) equity. Like other refinancing options, with HARP you receive a completely new mortgage with new terms, interest rates and monthly payments. The new loan completely replaces your current mortgage and may lower your payment, which could help improve your monthly financial situation.

HARP may be an option if:
 You are current on your mortgage payments (and haven’t been late in the last 6 months)
 Your home value has decreased
 Your first mortgage exceeds the current market value of the home
(i.e., loan-to-value)
 Your loan is owned by Fannie Mae or Freddie Mac read more

Navigate away from your Unmanageable Mortgage

In the news, there is talk of a housing recovery. Experts feel more optimistic about the state of the housing industry in America. However, if you or someone you know is one of the millions of homeowners who is stuck with a home on which you owe more than the property is worth, however, the feeling of helplessness can be overwhelming and frustrating.

More than 6 million homeowners nationwide are in some stage of foreclosure.

If this is the case with you or someone you care about, you are all too aware of the stress and uncertainty that accompanies notices of default, unwanted phone calls and offers of help that turn out to be no help at all. read more

New Guidelines – Rescue help 4 Homeowner’s who are upside down on their mortgage…

Short Sales have been taking so long & many homeowners worried about how their credit would be affected.  They have been on the fence.  What is the right thing to do…Miss payments or Stay Current?

 

The federal Treasury Department’s short sale program, HAFA, has been updated again and these new changes mean more homeowners will be eligible for help.  Part of Making Home Affordable, the federal short sale program offers many benefits for borrowers who can no longer afford to keep their home.  The government is determined to help lenders, servicers and borrowers move through this process more quickly and clear out the delinquent loans asap. read more