Foreclosures

Condo in Paramount for Sale-HUD Owned

February 28, 2012

15338 Gundry Avenue Unit #213 Paramount, CA 90723 HUD Owned Condo for Sale in Paramount. This condo is just $85,000 and is 2 bedroom and 2 bath. It qualifies for FHA financing as well. The condo has a balcony and is 743sf. The community is gated and close to area amenities. If you have an [...]

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Great benefits for home buyers

September 16, 2011

HUD Homes offer many advantages to home buyers A HUD home is a home that had a FHA loan which is insured by FHA and when the lender takes possession after default, the lender turns over ownership to HUD. HUD then resells the home. Buyers through registered realtors bid for properties online and owner occupants [...]

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Many homes under $200,000 for sale in Long Beach

April 19, 2011

There are at present time 100 single family homes in Long Beach that are listed for sale and priced at $200,000 or under. Many of these homes are bank owned and some are regular sales, but the majority are short sales. If you are using FHA financing you are looking at a payment of around [...]

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Great home buyer assistance program

April 17, 2011

You’ve read it in the paper and seen it on TV. There has never been a better time to buy your own Long Beach area home than now. But many people will miss out on the American dream because they don’t have enough money for the down payment. Fannie Mae offers 3.5% in closing cost [...]

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Foreclosure Myth #1

April 5, 2011

After you have lost your home to foreclosure, it is still possible to buy another home, but it will take time often from 3-7 years.  Inportant factors are your credit score, down payment amount, income, and how long ago the foreclosure was. Short sales may make it easier to buy another home sooner as well. Watch this [...]

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