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Broker Facing Federal Prison Time in Short Sale Flipping Fraud

In real estate, short sales are triggered when a seller’s property is worth less than what they owe on the property. The seller then needs to get an agreement from their lender or lenders that will allow the seller to sell the property for less than the outstanding loan or loans against the property. This process […]

Posted in: Real Estate News, Sellers, short sales Tagged: bank fraud, California, prison, Property Flipping, property seller, Short Sale, Simi Valley

What is an Approved Short Sale?

What is an Approved Short Sale Simi Valley

What is an Approved Short Sale? No doubt if you have been in the market to purchase a home, you have encountered properties listed as Short Sales.  A Short Sale is a property that is selling for less than the amount owed against that property.  If your Real Estate Agent claims that any of these […]

Posted in: Sellers, short sales Tagged: homes for sale, real estate, Short Sale, Simi Valley

The Short Sale Process

Short Sale Flow Chart

The Flow Chart below illustrates the short sale process from the time an offer is received until the Short Sale is approved.  What is in the Seller’s Package typically? Financial statement Hardship Letter detailing the particular hardship that has interfered with the seller’s ability to meet the current loan terms (payments). Copy of pay stubs […]

Posted in: short sales, WIKIs Tagged: foreclosure, Home Sales, housing, process, Short Sale, Simi Valley

Home Owner Relief – FHA policy seeing the benefits of Short Sales

While the new improved FHA policy looks to aim at the hardest hits part of the county, this is definitely an improvement in understanding how to tackle a difficult problem.  Over the last 4+ years, 50% of the sales I have been involved in have been Short Sales.  There is no shortage (no pun intended) […]

Posted in: short sales Tagged: Federal Housing Administration, fha, foreclosure, home owner, housing, lender, Market Updates, real estate, Short Sale, Simi Valley

2013 Tax problem for Simi Valley Home Sellers – The Mortgage Forgiveness Debt Relief Act

The extension of the Mortgage Forgiveness Debt Relief Act is very important to the housing market and has major Income Tax implications for those who sell their home through the Short Sale process or lose their home to Foreclosure.These details are scrutinized in the overview, testimonials and review of lexington law for credit repair. URGENT! […]

Posted in: Foreclosures, Real Estate News, Sellers, short sales

Simi Valley Home Owners – HAFA Short Sale Requirements Set To Improve

What are HAFA Short Sale Requirements and how will it help Simi Valley Home Owners?    HAFA (Home Affordable Foreclosure Alternative)  is a government sponsored program working with HAMP (Home Affordable Modification Program) qualified Borrowers/Homeowners to sell their homes when loan modification options fail. If you have been working on a loan modification for your Simi Valley […]

Posted in: Sellers, short sales Tagged: Borrowers HAFA, HARP, Home Affordable Forclosure Alternative, Home Affordable Modification Program, homeowners, Simi Valley

10 Mistakes Home Buyers Make with Simi Valley Short Sales

10 Mistakes Home Buyers Make

Simi Valley Short Sales have been a big part of my business for the last couple of years.  It is important to avoid the 10 Mistakes Home Buyers Make with Simi Valley Short Sales. These transactions are very complex and not every real estate agent is equipped to handle these transactions.  It is easy to […]

Posted in: Buyers, short sales Tagged: fha, HAFA, lender, Short Sale, Simi Valley, VA

How does a Lis Pendens affect California Real Property?

I see questions all the time about Lis Pendens in online Real Estate discussion forums all the time.  Before diving into the information below please understand the following.  This information pertains to California Real Estate Law. This information was obtained with permission from the California Association of Realtors Legal Department.  I am not an attorney and this […]

Posted in: Buyers, Foreclosures, Sellers, short sales Tagged: california Real Estate, Lis Pendens

I’d Like To Buy Your House For Cash – Beware of Short Sale Flipping

Beware of Short Sale Flipping

A series of news reports over the last few years are covering a problem that has hit the Short Sale Market.  As in any market, if there is an opportunity, the opportunist go to work.  This time they are trying to create screaming deals out of Short Sale properties. Beware of Short Sale Flipping These flippers […]

Posted in: Sellers, short sales Tagged: foreclosure, GMAC, HAFA, Indymac, Loan modification, NOD, Property Flipping, Short Sale, Simi Valley, Wells Fargo

What is a Short Sale & Can I Short Sell my Home?

Simi VAlley housing Market What is a Short Sale

What is a short sale? A short sale occurs when the seller of a property owes more money against that property than what they can ultimately sell the property for. Example, you have a $500,000 loan against your property, but now it is only worth $400,000. Adding the costs to sell your property at $400,000, […]

Posted in: Sellers, short sales, WIKIs Tagged: bankruptcy, forclosure, lien, loss mitigation, notice of default, Short Sale, Simi Valley

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Client Testimonials

Ted actually helped us find a new home AND sell two homes. He was beyond helpful with everything. When looking for a home, Ted didn't waste our time…My husband and I are really busy so this meant a lot to us….he always had plenty of houses lined up for us to look at and he acted as our personal chauffeur. He really knows Simi, so he knew exactly where to take us….and ultimately he found us our beautiful new home. Selling the other two was a breeze…Ted took care of everything. No complaints here!

suelac2

Ted was wonderful in helping us sell our house. He was in constant communication with us and made the process very easy and stress-free. He was very knowledgeable and professional. I highly recommend him.

reuel

Professional and very easy to work with.

geralyn

Ted's continuing knowledge of local real estate markets enabled an immediate, correct valuation of the house we sold. Calm and competent throughout the process, he remained unflappable through the invevitable hurdles. His escrow team at Keller Williams were perfect.

jeff

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1858 Sutter Ave Simi Valley CASold
$45k over list - 6 days on market649950

1858 Sutter Ave Simi Valley CA 93065

1858 Sutter Ave
Simi Valley, CA 93065

  • 3Beds
  • 2Baths
  • 1590Sq ft
View Listing
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