Orange, CA

Successful Orange Short Sale!!

The sellers owned the home for approx 12 years and did refinance.

The seller came to me 7 days prior to their trust deed sale date. (Auction date)

They had one mortgage at 748k

The value of the home was 425k

The bank accepted 360k cash offer

We closed escrow on the Orange short sale 7 days from the date I listed the property.

This short sale was completed in 7 days. This is an unusual circumstance.

The lender paid all the closing costs and the sellers received a full settlement.

Thinking of short selling your home list with an expert.

www.orangecountyshortsalerealtor.com for more info.

Your Orange County Short Sale Realtor

#01451803

September 2009 Sales in Orange

$500,000-$1,000,000

For just the month of September in the city of Orange, in the price range $500,000-$1,000,000The active inventory is 112 properties, with the average price atAverage List Price /$ per sq. ft.: ($709,481/2480 sq. ft.) or $286.08 per sq. ft

Between the price range of $500,000-$1,000,000 there are 39 properties that went under contract.

• There are 15 properties in "Back Up"-
• Average List Price /$ per sq. ft.: ($709,481/2541 sq. ft) $286.08 per sq. ft.

• There are 20 properties in "Pending Sales" (Contingencies Removed)
• Average List Price /$ per sq. ft.: ($650,100/2436sq/ ft), $266.87 per sq. ft.

Sold and Closed

• There are 4 properties that have sold and closed for September
• Average List Price /$ per sq. ft.: ($661,875/3250 sq/ ft), $203.65 per sq. ft.

The sales prices and $ per sq. foot for both the Back-ups and Pending sales will be less than above once these properties actually close escrow and we see what they sold for.

$1,000,000 +

• Above $1,000,000-one million dollars there are 53 Active Listings.
• Average List Price /$ per sq. ft.: ($1857,018/4645 sq/ ft), $399.00 per sq. ft.

• Above $1,000,000-one million dollars-just one property is under contract as "Back-Up"
• Average List Price /$ per sq. ft.: ($1,900,000/5000 sq/ ft), $380.00 per sq. ft.

This would mean at one sale per month over 1,000,000 it would take 53 months to sell off all of the inventory.

FACING FORECLOSURE - ORANGE COUNTY SHORT SALE SPECIALIST

FACING FORECLOSURE PROBLEMS?

FACING DIFFIGULTIES ON PAYING YOUR MORTGAGE PAYMENT?

-Are You In a Default Situation?

-Are You Facing Back House Payments?

-Do You Need To Sell ASAP?

-Do You Have Little Or No Equity In Your Home?

-Do You Owe More Than Your Home Is Worth?

-Do you have a Notice of Default?

-Do You have a sale date ?

-Did your modification got denied?


We Can Help You Avoid Foreclosure And Bankruptcy!!

Things Sometimes Can Go Very Wrong.
Losing Your Home To Foreclosure Isn't The Only Option You Have.
A "Short Sale" Could Be The Answer.

We Can Negotiate With Your Lender To Accept Less Than Your Payoff Amount Owed.
This Is Better Than Having A Foreclosure Or Bankruptcy On Your Credit History.

My team can help you.

www.orangecountycashortsale.com for a list of all my short sale listings

Orange California Short Sale Real Estate Specialist

SHORT-SALE YOUR HOME AND SAVE YOUR GREATEST ASSET FROM IMMINENT DAMAGE - ORANGE COUNTY RE/MAX REAL ESTATE -CERTIFIED DISTRESS PROPERTY EXPERT

CALIFORNIA SHORT SALE CDPE® REALTOR®

List you home with Carlos "Carl" Morales at (714) 955-1932

Facing Foreclosure?

Have you missed or about to miss one or more house payments?

LACK OF EQUITY????

Whatever you do DON'T GIVE UP don't ruin your most valuable asset!!!

Are you upside down, having no equity! It does not matter! Save your pride!

We specialize in SHORT SALES where the bank will take a discounted settlement.

We ARE experienced, and this will put you in a much better situation all around.

FREE Consultation. We can only help you.

www.orangecountycashortsale.com

DO YOU HAVE MORE QUESTIONS BUT NOT READY TO CALL YET?
Please review our Short sale Q & A section at

www.orangecountycashortsale.com

We have a great success rate and we do not outsource any of our short sales. All processing is done by an experienced short sale specialist

Benefits include:

**** Your Credit will take lesser damage, ****You will be able to buy a house within 2 years instead of 7.
**** You maybe able to stay in the house longer,
**** Your lender will pay the commission and closings costs of the sale.
**** You sit back, relax and get a new fresh start.

Lic# 01706745

Buying A House In A Down Market Orange California Tip 4

Negotiate With the Realtor

When houses are selling at a slow pace, many real estate agents are also struggling. In such an environment, both agents and firms may be more inclined to knock a percentage point or two off of their commission schedule to get a deal done.

But isn't it's the seller's job to pay the real estate agent? Why should you care what the commission is?

Commission is important to the buyer because the seller probably listed the home at a high price so he or she could pay the commission to the agent and still walk away with a nice profit. Buyers can get their real estate agents to ask the listing agent to lower his or her commission so that the deal gets done, and both the seller and his or her agent both walk away with a decent profit.

The Consumerist.com offers these tips for increasing your leverage when negotiating with a real estate agent:

• You may be able to get a discount by using the same agent to sell your current house and buy a new one.
• Smaller real estate firms may be able to approve lower commission rates more quickly, because they have fewer layers of bureaucracy.
• If one agent won't negotiate, find another who will.
• Consider using the internet as much as you can to eliminate properties you are not interested, send a list of these homes to your real estate agent so the house hunting time is less and more productive. There are services available online that give house hunters direct access to the Multiple Listing Service, allowing them to find potential properties themselves.

SHORT-SALE YOUR HOME AND SAVE YOUR GREATEST ASSET FROM IMMINENT DAMAGE - ORANGE COUNTY RE/MAX REAL ESTATE -CERTIFIED DISTRESS PROPERTY EXPERT

CALIFORNIA SHORT SALE CDPE® REALTOR®

List you home with Carlos "Carl" Morales at (714) 955-1932

Facing Foreclosure?

Have you missed or about to miss one or more house payments?

LACK OF EQUITY????

Whatever you do DON'T GIVE UP don't ruin your most valuable asset!!!

Are you upside down, having no equity! It does not matter! Save your pride!

We specialize in SHORT SALES where the bank will take a discounted settlement.

We ARE experienced, and this will put you in a much better situation all around.

FREE Consultation. We can only help you.

www.orangecountycashortsale.com

DO YOU HAVE MORE QUESTIONS BUT NOT READY TO CALL YET?
Please review our Short sale Q & A section at

www.orangecountycashortsale.com

We have a great success rate and we do not outsource any of our short sales. All processing is done by an experienced short sale specialist

Benefits include:

**** Your Credit will take lesser damage,

****You will be able to buy a house within 2 years instead of 7.
**** You maybe able to stay in the house longer,
**** Your lender will pay the commission and closings costs of the sale.
**** You sit back, relax and get a new fresh start.

Lic# 01706745