Follow-up: Banks start to sue over balances owed on HELOCS when short selling your Downey home

Will the HELOC weigh your financial life after short sale down?


When short selling your Downey home you must be aware that banks are starting to sue over owed balances on HELOCs. Here we discuss what can be done to prevent this from happening when short selling your Alhambra Home. http://Themortgagespin.com

Summer time is the time to purchase your Downey Home

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This has been the common feeling among most of us when buying our home right? School is out for the kids, the weather is great, nighttime is not until later. Guess what: You’re right.

You are right that if you feel it’s the right time it will be. It could be November or June. The point is if you are ready, then it IS the right time to buy your Downey home.

So let’s back up your emotional certainty with cold hard logic:

1. The interest rates are STILL at historic lows.
2. Home prices are STILL low.

However at the end you know it’s not about that. It’s about you wanting to buy your Downey home.

Why Borrowers end up with Bad Mortgages – Downey Real Estate

Bad Mortgage


When you are going to purchase a Home in Downey do your due diligence and make sure you have the right mortgage before you buy your Downey Home. Read the Article here.

Stopping a trustee sale with a bankruptcy (Edwin’s story) – Downey Real Estate

trustee sale


In this video we will see how NOT to be like Edwin and use a bankruptcy to stop the sale of your home. – Downey Real Estate – http://TheMortgageSpin.com

Bankruptcy – Using bankruptcies to stall the trustee sale of your home – Downey Real Estate

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Read the full article of the Merryl Lynch exec that used a bankruptcy to stop the foreclosure sale of his $14M home here.

Is it time to buy apartments as an investment? – Downey Real Estate

Bargains lure buyers to apartment buildings. Read the article here.

Impact of Government Intervention on the Foreclosure crisis

Great article. Read here.

Remodel your Home comparable to your neighbors – or face the problems of the $10 M mansion


When adding/remodeling your home don’t make it so fancy that you will not get your investment back. Read the full article here. Alhambra Real Estate

How do you know the market is rebounding? – Downey Real Estate

The investors are back and buying foreclosures. Check out this article.

Flippers coming back

House Flippers anyone?