Market Update : huntington harbor

Banks Accepting More Short Sales!

Liane Thomas — Fri, 05 Jun 2009 15:36:00 GMT

Did you know the Obama administration, through the Making Home Affordable program, is giving lenders and loan providers an incentive of up to $1,000 for each completed short sale? This is in addition to $1,000 to share the cost of paying any second-mortgage lenders to release their claim on the property. These incentives offered by the government, coupled with lenders wanting to reduce bad loans, are likely to increase the number of short sale transactions. "Without a doubt, lenders are more willing to work through short sales," said Andre L. Mitchell, the executive vice president of the Lynx Mortgage Bank. "In this marketplace if the lenders can negotiate in any way to get rid of a bad loan, they're going to do it." Banks may lose less money in short sales than in foreclosures, where banks may carry the house for a considerable period of time before selling it. Analysts believe short sales are often the best option, even for homeowners thinking about a new loan to save the home. "It's gotten to the point where people understand that sometimes you have to start over," says Mitchell. "A loan modification might help you in the short term, but sometimes what people need to do is get out completely."

Personally, we are seeing short sales getting approved faster, and the process is becoming easier than it has been in the past. We have been helping homeowners who are underwater since 2007. If you are a homeowner who is underwater, behind in payments, or facing a foreclosure, we'd love to talk with you. There is no obligation, and no cost to you. Thanks!

Brought to you by:
Liane Thomas, REALTOR(R)
Thomas Realty Group, Inc.
951.454.3805
www.AllCoronaHomes.com
www.FreeRiversideHomeSearch.com

4561 Warner Avenue in Huntington Harbour is Sold!

Liane Thomas — Wed, 02 Jul 2008 23:15:00 GMT

Huntington Harbour, Huntington Beach - The single story at 4561 Warner Avenue has been sold.

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Price Reduced on 4561 Warner Avenue in Huntington Harbour

Liane Thomas — Wed, 14 May 2008 10:05:00 GMT

Huntington Harbour, Huntington Beach - Announcing a price reduction on 4561 Warner Avenue, a 1,100 sq. ft., 2 bath, 2 bdrm single story "Top Floor Single Level". Now MLS® $415,000 - REDUCED!.

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Open House in Huntington Harbour on Sunday

Liane Thomas — Wed, 30 Apr 2008 13:27:00 GMT

Huntington Harbour, Huntington Beach - We invite everyone to visit our first open house at 4561 Warner Avenue on May 4 from 1:00 PM to 3:00 PM.

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Price Reduced on 4561 Warner Avenue in Huntington Harbour

Liane Thomas — Sun, 27 Apr 2008 18:26:00 GMT

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Price Reduced on 4561 Warner Avenue in Huntington Harbour

Liane Thomas — Tue, 15 Apr 2008 13:04:00 GMT

Huntington Harbour, Huntington Beach - Announcing a price reduction on 4561 Warner Avenue, a 1,100 sq. ft., 2 bath, 2 bdrm single story "Top Floor Single Level". Now MLS® $457,900 - .

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Single Story For Sale in Huntington Harbour

Liane Thomas — Fri, 29 Feb 2008 15:31:00 GMT

Walk to the Sand!

• 1,100 sq. ft., 2 bath, 2 bdrm single story "Top Floor Single Level" - MLS® $469,900

Huntington Harbour, Huntington Beach - Once in a lifetime opportunity! Rarely do homes in SEAPORTE go up for sale. Only 1/4 mile to Huntington Harbor, 1 mile to Bolsa Chica State Beach and 1/2 mile to Bolsa Chica Wetlands. Immaculate third floor single level home with elevator access. Two master bedrooms and 2 baths. Travertine faced fireplace in the living room for chilly evenings, custom paint, new appliances, vaulted ceilings, indoor laundry, light and bright. Quiet gated complex with lushly landscaped grounds, pool, spa, clubhouse, and gym. HOA dues include water, trash, and basic cable. There are two underground parking spaces. Great location, walk to the surf! Plan your visit today!

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