Agents: Robbing Clients & Banks: How Real Estate Agents Are Making Things Worse

Not going to be well-received by those unethical real estate agents, there is a growing wave of agents who are in cahoots with straw buyers, are lying about the 'arms length' agreement between them and the buyer on short sales and REO's, and are 'freezing out' other agents to show their listings or even go so far as refuse to present all offers to the seller. This can amount to literally hundreds of thousands of dollars lost to the seller/investor.

Sadly, this behavior has become an epidemic: unethical agents are taking money from the pockets of banks and traditional sellers. Quite disturbing is that there is little most real estate brokers are willing to do to curb this behavior as they benefit from their agents representing both sides. It's not that some agents don't complain - it's that brokers and those that regulate our industry are simply turning a blind eye to the outright fraud being perpetrated by, unfortunately, many agents.

Wells Fargo To Host Home Preservation Workshop in Irvine, California

Wells Fargo Home Preservation Workshops: will host a home preservation workshop in Irvine, California, on Wednesday, June 22 and Thursday, June 23, 2011 to assist Wells Fargo and Wachovia customers in Southern California who are facing financial hardships.

NACA event at the Los Angeles Shrine Expo Center from June 2 - June 6, 2011

Visit their 'Save The Dream Tour' and out if you are eligible for a loan modification. NACA is a non-profit, community advocacy and homeownership organization: I have had clients report good things about them and have found them to be one of the best FREE homeowner assistance organizations.

Mortgage modifications may lead to foreclosure

Owners thought banks were helping with terms, only to lose their homes

NACA event at the L.A. Convention Center from Sept 30 - Oct 4, 2010

Great opportunity to find out if you are eligible for a loan modification. NACA is a non-profit, community advocacy and homeownership organization: I have had clients report good things about them and have found them to be one of the best FREE homeowner assistance organizations.

FREE Homeowner Solution Seminar: Clark Group: Surteree Properties

Come join us Thursday, June 3 from 6:00 pm - 9:00 pm for a FREE seminar on how to deal with the current real estate market. Whether you are a homeowner experiencing problems with your current mortgage, or are looking for answers about loan modifications, you are welcome to join us at one of our very informative free seminars.

WSJ: Supply of Foreclosed Homes on the Rise Again

The Wall Street Journal reports that the supply of foreclosed homes that banks need to sell is rising again, signaling further downward pressure on home prices in some parts of the U.S.

Mortgage analysts at Barclays Capital in New York estimated that banks and mortgage investors held a total of 645,800 foreclosed homes in January, up 4.6% from 617,286 a month earlier.

Is this something we will see here in Orange County?

FREE Foreclosure Search:

Find one of hundreds of homes for sale in Orange County that are in a distressed situation, including Irvine foreclosures and auction properties, and Newport Coast REO homes. To find any Orange County foreclosure, click here.

March 9, 2010: State law to save foreclosure victims from losing shirt on taxes

State law to save foreclosure victims from losing shirt on taxes: update

Can the banks - and government - be any worse about helping homeowners?

Terrible what is occurring with loan modifications and short sales - and the banks and government share equally in creating and perpetuating this farce. Where do we go from here?

CNN Money: Mortgage lenders pursue homeowners even after foreclosure

Mortgage lenders pursue homeowners even after foreclosure: Don't make the mistake of not using an attorney to help negotiate your short sale.

Big Banks Accused of Short Sale Fraud - CNBC

So you think the deck is stacked against you? Well sadly, you are right. Read about how the big banks keep taking, taking and taking.

8 New Market: Short Sale in West Irvine, CA: Sold by the Clark Group | Surterre Properties

8 New Market in West Irvine for sale.

Temecula Single Family Home For Sale: 31520 Mendocino Ct.: Sold by the Clark Group | Surterre Properties

Located in the prestigious Wolf Creek area of Temecula, 31520 Mendocino Court is listed by the Bruce Clark Team. A short sale, call us at 949-285-1207 for more information about this wonderful opportunity.

Distressed Orange County Properties

Information on how to buy or sell a distressed Orange County property, including a home in Irvine, Newport, Tustin or any other city in Orange County