Deputy Dave - Corona Eastvale Norco Homes, Real Estate

Standard Sale - also called an Equity Sale The standard sale is a sale in which the seller has equity in the property. The seller can sell the property for more than the loans against it. The purchase negotiation is completed with the seller and does not require the bank to approve. The seller will pay off the current loan from the new loan ...

Buyers are looking for the Foreclosure. They have heard that the foreclosure is the real deal. Last year banks, in the Corona/Riverside area, dumped some badly damaged properties onto the market. They were accepting anything just to clear out their bad inventory. you could easily pick up a place and get some sweat equity. Today you ...

The "Foreclosure Fire Sale" is over! The first half of 2009 was a time to buy a distressed foreclosure house. The house was in "poor repair". That is politically correct for saying the house was "trashed!" Common knowledge at that time was, to get a bargain on a house; buy a foreclosure. Those houses were ...

Many people have been fearful of the next wave of foreclosures due to hit the market. It is estimated that it will be about two or three years before all of the adjusting loans (toxic loans) are out of the system. There are new methods of dealing with the foreclosure requirement. Last year the banks were required to follow certain guidelines ...