I received a call from a Homeowner today who owns a property that is located in Irvine, California. The Homeowner was frantic because there is a foreclosure sale scheduled to occur on their property within the next month and like many other homeowners across the country they have been turned down for a loan modification [...]
Categories Foreclosure, Home Selling Tips, Real Estate, Sellers, Short Sale
Posted by: Brett Matsuura
November 22, 2011
As of today, 37% of all properties that are listed for sale on the MLS for the Orange County California Real Estate market are short sales or bank owned…this is more than 1/3! Many people believe that a bankruptcy is the answer to a foreclosure, but it really matters what question you are asking. Federal Bankruptcy Judges do [...]
Categories Foreclosure, Real Estate, Sellers
Posted by: Brett Matsuura
November 21, 2011
A deed in lieu of foreclosure is where a homeowner who has defaulted on their home mortgage simply gives the property back to their lender making is so the lender does not have to go through the foreclosure process. This is also known as “Jingle Mail” which is referring to the bank getting keys to [...]
Categories Uncategorized
Posted by: Brett Matsuura
November 20, 2011
The one way that the public can help stabilize the real estate industry is for Homeowners who are facing an eminent foreclosure is to rent out their properties to Tenants before Foreclosure….I know that’s a bold idea, but hear me out. The reason why home values are dropping is because there are more properties for sell than [...]
Categories Foreclosure, Landlord / Tenant, Protecting Tenants from Foreclosure, Real Estate, Uncategorized
Posted by: Brett Matsuura
October 28, 2011
I work with many Homeowners who contact me when they find out that there is a Foreclosure Sale (Foreclosure Sale) on their property in about 30 days. This doesn’t give a whole lot of time, but on most cases I can get a foreclosure postponed…However, know that the fewer days I have past 30, the [...]
Categories Uncategorized
Posted by: Brett Matsuura
October 27, 2011
Around this time every year fewer and fewer properties will come onto the market to sell. Many Sellers feel that they will fetch more money on the sell of their home if they wait until next Spring to market there property and to be honest with you, it a normal makret this makes sense…but not this year. A large [...]
Categories Home Selling Tips, Real Estate, Sellers, Short Sale
Posted by: Brett Matsuura
September 28, 2011
In Orange County California there are approximately 600-700 properties that are lost to Foreclosure each and every month. This just simply boggles my mind. Why? Because, there are so many programs available in today’s market that there are few reason why a person would end up allowing a foreclosure to occuring on their property stead [...]
Categories Short Sale
Posted by: Brett Matsuura
September 27, 2011
If you have been trying to sell your home for several months and it hasn’t sold, then maybe renting your property is the answer. Orange County CA real estate has lost eight years of appreciation. Basically, this means that if you purchased or refinanced your property between 2003-2007 it is likely that your current payoff amount is [...]
Categories Home Selling Tips, Real Estate
Posted by: Brett Matsuura
September 27, 2011
I just got off the phone with a person who has been trying to sell there home for the past 264 days and their main question is what can they do to get there home sold? I’m not one to really beat around the bush so I am just going to lay it all out. [...]
Categories Home Selling Tips, Mortgage Rates, Real Estate, Sellers, Short Sale, Stats
Posted by: Brett Matsuura
September 22, 2011
The current YTD average sales price for Residential Real Estate Sales in Orange County California is $530,660 and the YTD average sales price in Los Angeles County CA is $495,935. Both Counties have average sales prices that are equal to what they were in 2002/2003. To put this into the proper perspective, both Counties have [...]
Categories Buyers, Mortgage Rates, Real Estate, Southern California Real Estate, Stats
Posted by: Brett Matsuura
September 20, 2011
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Brett Matsuura, REALTOR®
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Email:brett@brettmatsuura.com
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Brett helped us through the property buying process with flying colors. Always available and helpful. Looking forward to working with him ... more 5.0/5.0 by SB2SC
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