My New Blog

Hi All,

Click here Buy a Home Now PDF.pdf for an informative summary of the market. I have been preaching this for a while but this document does a nice job of summing things up. Sellers - INVENTORY IS EXTREMELY LOW. PRICE YOUR PROPERTY RIGHT AND GET READY TO MOVE. Call me for a market value evaluation.

Greg

Z-REO team is performing Home Retention assignments for major lenders. We are contracted (and paid) to contact the distressed owners and facilitate a negotiation between the Lender and Homeowner. The goal of this meeting is to keep the owner in the home. Call me if you or you know anyone who has been victimized by the economy or drop in values and my team can give a no obligation consultation about your/their situation. Again, it is a no obligation consultation unlike some of the loan modification companies out there charging up front fees. Try my team first we will give you or your acquaintances all of the options available. WE ARE HERE TO HELP!

Greg Z 

The moratorium on foreclosures is nearing an end. It is now looking like the moratorium will be lifted somewhere around the beginning of September. The Z-REO Team is doing BPO's (Broker Price Opinions) on pre-foreclosure properties on a daily basis. These properties being valued are the next REO's (real estate owned) or simply bank owned sales. Expect a flood of new bank owned listings to come SOON! Does this mean values are going to plummet? Considering a property in Anaheim priced at $232,000 had over 90 offers in less than a week on the market it looks like the entry level isn't going to go much lower. There are at least 89 Buyers who did not get that home and are in line for the next one. By the way, it sold for over $275,000. This is true for most homes in decent areas in Orange County under $500,000. Call me at (714) 403-0153 for my opinion on the over $500,000. I have something to share.

I will provide additional updates as they become available. It's an exciting time in the market for Buyer's (affordability), Seller's (low inventory) and investors (positive cash flow).

Greg Z