Foreclosures
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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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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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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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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October 28, 2010
Long Beach residential real estate market report: September 2010 Active as of Oct. 28, 2010 Lowest Highest Days on Market Single Family 810 $98,900 $5,500,000 93 Condo 497 $54,900 $1,999,999 106 1307 Total Active in Long Beach Of the total 1307 active 117 are bank owned and 479 are short sales. Distressed sales total [...]
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Important Notice: Evergreen Realty & Associates, Inc. is not associated with the government, and our service is not approved by the government or your lender. Even if you accept this offer and use our service, your lender may not agree to change your loan. If you stop paying your mortgage, you could lose your home and damage your credit rating.
