The New Home Affordable Foreclosure Alternatives(HAFA) Plan - A Flowchart showing how it works

IMPORTANT ANNOUNCEMENT
Read about the new Government plan to encourage lenders to help homeowners in distress. The new HAFA (Home Affordable Foreclosure Alternatives) gives lenders financial incentives to work more efficiently to help homeowners complete short sales. This plan will help keep many homeowners from foreclosure. 

This could be a very good start to cleaning up the mortgage mess we are in and could help a lot of folks in trouble!

<html><body><div>

New Condo Listing!

JUST LISTED        2100 Plaza Del Amo, Torrance  -  2 Bedroom, 2.50 Bath Townhouse style condo

This property is a two story unit in the Plaza Del Amo Condominium Complex in a highly desirable area of "Old" Torrance.

Located directly across the the pool, spa, and clubhouse, this unit is an open floor plan and has beautiful hardwood floors, a large dining area, and spacious living room with fireplace. The living room and both bedrooms have vaulted ceilings and there are two separate bathrooms upstairs plus a 1/2 bath downstairs. The kitchen is roomy with lots of cupboard space, tile counters and floors.

There is a separate inside laundry room, enclosed front patio, and balcony overlooking the pool.  The Plaza Del Amo grounds are beautifully maintained with trees and scrubs and lots of greenery. There is also a two car garage and the complex is security gated

If you want more details on this property or are interested in a private showing, contact me by phone or text @ 562-714-3311   

You can email me at davekerlin@gmail.com  


           
Click here to download:
New_Condo_Listing.zip (229 KB)

2009 3rd Quarter Numbers: Homeowner Mortgage Defaults and Foreclosures!

Read the the Mortgage Banker's Association's 2009 3rd Quarter Statistics re: Homeowner Delinquencies and Foreclosures in the U.S.

Over 42% of all Subprime Mortgages in the U.S. are either in Foreclosure or are over 30 days late making their mortgage payments.

Over 18% of all FHA Mortgages are currently delinquint.

Read all of the Statistics here: http://bit.ly/83F1SC

 

Definitions: Terms you need to know in today's Mortgage Crisis . . .

Short Sale -

A Short Sale is a closed transaction where the mortgage holder(s) agree to accept less than the mortgage amount balance to allow the homeowner to sell the property when in a hardship situation. A Short Sale is an option for a homeowner who is unable to make their mortgage payment yet their property value has dropped below what a buyer would be willing to pay in the current market . A Short Sale allows a homeowner to sell their property instead of losing the property in foreclosure because of their inability to make the mortgage payment.

 

Loan Modification - 

A mortgage modification is a process through which your mortgage lender changes any or all of the following:

  • Your interest rate
  • Your principal balance (through a reduction)
  • Your loan terms (example: from an adjustable to a fixed rate)

This process can allow borrowers to stay in their property when they can no longer afford their current mortgage payments.

The new listing at 6836 E. Huntdale St. in Long Beach has been reduced to $599,900

The price on the beautiful new listing at 6836 E. Huntdale St., Long Beach (MLS #R907086) has been reduced to $599,900.

If you want more details on this property or are interested in a private showing, contact me by phone or text @ 562-714-3311   

You can email me at davekerlin@gmail.com  

 

     
Click here to download:
The_new_listing_at_6836_E._Hun.zip (240 KB)

New Listing in Long Beach - Highly upgraded 3 Bedroom 2 Bath Home w/ Large Family Room $599,900.

My newest  listing is located at 6836 Huntdale (MLS #R907086) and is a really sharp looking home with lots and lots of great features. It's in the Plaza homes in East Long Beach, which is a wonderful pride of ownership neighborhood and one of East Long Beach's most desirable areas to live for families.

This home has  three bedrooms, 2 baths, a two car garage, and a beautifully decorated and spacious step down family room.  The size of the home is approximately 1800 square and the lot size is 57' X 100'. 

The floor plan is very open and roomy and includes a formal living area with a wood burning fireplace and plenty of room for a great big dining room table. (There's also an eating area/nook in the kitchen).

The upgrades are numerous and include both bathrooms which have been upgraded with beautiful tile and new fixtures. There is also crown moulding and new paint in all rooms including the bedrooms, and beautiful oak hardwood floors throughout. The family room has brand new carpet.

The kitchen is very large with lots of cupboard and counter space and funnels into a separate laundry room with even more storage.

The home was recently painted and is beautifully landscaped front and back. There are brick planters with lots of trees and flowers and a wonderful backyard patio area for barbequeing and entertaining.

If you want more details on this property or are interested in a private showing, contact me by phone or text @ 562-714-3311   

You can email me at davekerlin@gmail.com  

 

           
Click here to download:
New_Listing_in_Long_Beach_with.zip (519 KB)

Valentines Day . . . kissin' time

It's almost Valentine's Day and the kissing has already started. There was some serious smooching going on in Long Beach yesterday at the 3rd Annual Bulldog Beauty Contest. Check out the photo gallery. There are lots of fun things to do in Long Beach's 2nd Street, Belmont Shore area and this amazing collection of sexy "smoochers" was no exception.