Meet Jesse Madison, your Orange County Short Sale Realtor
The success of your Orange County, CA Short Sale depends on many factors. Having a solid pricing strategy will help you prevent pitfalls and delays that could undermine your goal of successfully selling your home. If the price is not a market value price the bank may decline your sale and you could lose your buyer and need to start over. Proper initial pricing will help you avoid this costly mistake and prevent foreclosure. Remember it is a race against the foreclosure clock.
Thorough review of all liens against the property is a must. Once all lien holders are contacted you must successfully negotiate all terms and submit complete packages to all lien holders to obtain short sale approval.
There are many compelling reasons to do a short sale. Completing your short sale can save your credit and you may be able to purchase a home again in as little as 2 years. Many banks are now pre-approving Short Sales and are paying some sellers as much as $30,000 to cooperate with short sales ( COOP Program). Banks will also pay sellers closing costs on Short Sales.
Remember to ask your tax professional about Debt Forgiveness on short sales as there has been an extension to the Mortgage Forgiveness Debt Relief Act.
If you or someone you know is in danger of losing their home to foreclosure…Contact me..your Orange County short sale realtor! 949-306-8416.
Jesse Madison is a certified orange county short sale realtor with a CDPE (Certified Distressed Property Expert) and SFR ( Short Sales and Foreclosure Resource) designation. He can assist you with your Orange County Short Sales.
call 949-306-8416 or email JMadison.firstname.lastname@example.org.
As your Orange County short sale realtor we cover:
Irvine short sales, Laguna Niguel short sales, Foothill Ranch short sales, Huntington Beach short sales, Capistrano Beach short sales, Corona Del Mar short sales, Dana Point short sales, Lake Forest short sales, Laguna Woods short sales, Laguna Beach short sales, Laguna Hills short sales, Aliso Viejo short sales, Newport Coast short sales, , San Clemente short sales, Trabuco Canyon short sales, Rancho Santa Margarita short sales, Mission Viejo short sales, Ladera Ranch short sales, Tustin short sales, Villa Park short sales, Costa Mesa short sales, Orange short sales, Anaheim short sales, Garden Grove short sales, Yorba Linda short sales, Corona short sales, Fountain Valley short sales, Placentia short sales, Chino short sales, Portola Hills short sales, Chino Hills short sales, Norco short sales, Whittier short sales, Buena Park short sales, La Palma short sales, Cypress short sales, La Habra short sales, La Mirada short sales, Stanton short sales, Artesia short sales, Lakewood short sales, Los Alamitos short sales, Seal Beach short sales, Sunset Beach short sales, Surfside short sales, Mira Loma short sales, Ontario short sales, Diamond Bar short sales, Camp Pendleton short sales, Fallbrook short sales, Riverside short sales, Lake Elsinore short sales, Murrieta short sales, Perris short sales, Menifee short sales, Sun City short sales, Temecula short sales, Wildomar short sales, Irvine short sales, Huntington Beach short sales, Laguna Niguel short sales, El Toro short sales, Foothill Ranch short sales, Capistrano Beach short sales, East Irvine short sales, Midway City short sales, Newport Beach short sales, San Juan Capistrano short sales, Silverado short sales, Westminster short sales, Ladera Ranch short sales, Santa Ana short sales, Atwood short sales, Brea short sales, Fullerton short sales, Norco short sales, Coto De Caza short sales, Dove Canyon short sales, Robinson Ranch short sales, Las Flores short sales, Nellie Gail Short Sales, Orange County short sales Testimonials available
Jesse MadisonShort Sale Real Estate AgentShort SaleWritten by: Monica FernandezDate Published: 12/09/2010Jesse is a on top of things, he is right there when you need him and highly professional. I have purchased and sold several properties with him already. Best part he is not pushy like some sales people (even with this market). He will give you his honest opinion and tell you what your options are right away. Great to work with.5 / 5 stars
- TurboTax – Video: Guide to Short Sales, Foreclosures and Your Taxes (turbotax.intuit.com)
- Top 5 Reasons doing a short sale is now easier than ever (orangecountyshortsalebroker.com)
- Chase Priority Partner Short Sales Program (orangecountyshortsalebroker.com)
Top 5 Reasons short sales in Orange County are now easier than ever.
Understanding the top 5 reasons short sales in Orange County are now easier than ever will help you realize that you now have options. Help is here. You can get your short sale approved quickly so that you can sell your home at no additional cost!
- Banks are now pre-approving short sales. Yes its true! You will actually get your Price approved before your home gets listed. Then all you need to do is get the home under contract and close escrow quickly.
- Banks are paying some distressed sellers to sell their home as SHORT SALES rather than Foreclose. Some banks will compensate sellers as much as $30,000 to cooperate with short sales.
- Banks will pay for seller closing costs. Sellers can virtually complete the short sale with no out of pocket costs. This is a huge relief to cash poor sellers that are behind on their mortgages.
- Debt Forgiveness. With the extension of the Mortgage Forgiveness Debt Relief Act, sellers will, will, for one more year, exempt the taxation of mortgage debt that is forgiven when homeowners and their mortgage lenders negotiate a short sale or loan modification (including any principal reduction). Sellers in CA can take comfort that C.A.R. is sponsoring SB30 which will conform state law to federal law regarding Mortgage Forgiveness.
- You can buy a home again in as little as 2 years. This is a big consideration as opposed to a 7 year wait when you allow your home to go into Foreclosure. Foreclosures remain on your public record for 7 years. Short Sales are not reported on a persons credit history. FHA – If current at the close of short sale, a homeowner may apply for an FHA loan immediately. If homeowner is late before close of short sale closing, will be eligible for FHA loan after 3 years.
Top 5 Reasons short sales in Orange County are now easier than ever
Orange County Short Sale Realtor -Tips on Preventing Orange County Foreclosures, CDPE, SFR
If you or someone you know is in danger of losing their home to foreclosure…Contact Me Today!
Jesse Madison 949-306-8416
CDPE, Certified Distressed Property Expert
SFR® Certified, Short Sales and Foreclosure Resource
To discuss the Top 5 Reasons short sales are now easier than ever Please call me today! 949-306-8416
. Serving All Orange County Communities and surrounding areas:
Irvine, Laguna Niguel, Foothill Ranch, Huntington Beach, Capistrano Beach, Corona Del Mar, Dana Point, Lake Forest, Laguna Woods, Laguna Beach, Laguna Hills, Aliso Viejo, Newport Coast, , San Clemente, Trabuco Canyon, Rancho Santa Margarita, Mission Viejo, Ladera Ranch, Tustin, Villa Park, Costa Mesa, Orange, Anaheim, Garden Grove, Yorba Linda, Corona, Fountain Valley, Placentia, Chino, Portola Hills, Chino Hills, Norco, Whittier, Buena Park, La Palma, Cypress, La Habra, La Mirada, Stanton, Artesia, Lakewood, Los Alamitos, Seal Beach, Sunset Beach, Surfside, Mira Loma, Ontario, Diamond Bar, Camp Pendleton, Fallbrook, Riverside, Lake Elsinore, Murrieta, Perris, Menifee, Sun City, Temecula, Wildomar, Irvine, Huntington Beach, Laguna Niguel, El Toro, Foothill Ranch, Capistrano Beach, East Irvine, Midway City, Newport Beach, San Juan Capistrano, Silverado, Westminster, Ladera Ranch, Santa Ana,Atwood, Brea, Fullerton, Norco and more!
Irvine short sales, Laguna Niguel short sales, Foothill Ranch short sales, Huntington Beach short sales, Capistrano Beach short sales, Corona Del Mar short sales, Dana Point short sales, Lake Forest short sales, Laguna Woods short sales, Laguna Beach short sales, Laguna Hills short sales, Aliso Viejo short sales, Newport Coast short sales, , San Clemente short sales, Trabuco Canyon short sales, Rancho Santa Margarita short sales, Mission Viejo short sales, Ladera Ranch short sales, Tustin short sales, Villa Park short sales, Costa Mesa short sales, Orange short sales, Anaheim short sales, Garden Grove short sales, Yorba Linda short sales, Corona short sales, Fountain Valley short sales, Placentia short sales, Chino short sales, Portola Hills short sales, Chino Hills short sales, Norco short sales, Whittier short sales, Buena Park short sales, La Palma short sales, Cypress short sales, La Habra short sales, La Mirada short sales, Stanton short sales, Artesia short sales, Lakewood short sales, Los Alamitos short sales, Seal Beach short sales, Sunset Beach short sales, Surfside short sales, Mira Loma short sales, Ontario short sales, Diamond Bar short sales, Camp Pendleton short sales, Fallbrook short sales, Riverside short sales, Lake Elsinore short sales, Murrieta short sales, Perris short sales, Menifee short sales, Sun City short sales, Temecula short sales, Wildomar short sales, Irvine short sales, Huntington Beach short sales, Laguna Niguel short sales, El Toro short sales, Foothill Ranch short sales, Capistrano Beach short sales, East Irvine short sales, Midway City short sales, Newport Beach short sales, San Juan Capistrano short sales, Silverado short sales, Westminster short sales, Ladera Ranch short sales, Santa Ana short sales, Atwood short sales, Brea short sales, Fullerton short sales, Norco short sales, Coto De Caza short sales, Dove Canyon short sales, Robinson Ranch short sales, Las Flores short sales, Nellie Gail Short Sales, Orange County short sales
35109 Highway 79 Spc 180
This turnkey home has terrific valley views. New Carpet and Paint.
This turnkey home has terrific valley views from the back deck. Features include new paint, new carpet, new flooring throughout. Pantry and center island in kitchen, Sliding door from living room to back yard. Ceiling fan, Cozy den with Fireplace, Inside laundry, Master suite, Spacious carport. Must see! Unit address on home/mailing address unit is 181. Lot/legal address is 180.
Investors! Get a deal on HUD Homes in CA
No matter what the offer is, it WILL be considered! Take advantage of one of these deals before it’s too late!
Check out this list of Best Deals for HUD homes.
Please call Jesse at 949-306-8416 for more information on these and other exciting HUD Homes! More details can be found at www.HUDHOMESTORE.com
Investors! Get a deal on HUD Homes.
No matter what the offer is, it WILL be considered! Take advantage of one of these deals before it’s too late!
Check out this list of Aged inventory for HUD homes.
Please call Jesse at 949-306-8416 for more information on these and other exciting HUD Homes! More details can be found at www.HUDHOMESTORE.com
24044 Colmar Ln
Large Single Level 4 Bedroom with Den. Move in Ready!
Highly desirable single level 4 bedroom home plus den. Home also offers a large family room with vaulted ceiling and living room. Large Kitchen island with breakfast bar and new stove and sink. New Carpet in bedrooms, new paint, Super clean home with large front patio and large back yard. Large Master Suite features a large walk in closet with its own sliding door to backyard. Large Oval Tub and seperate shower and dual sinks in master bath. Inside Laundry, Excellent location close to schools and shopping. Quick freeway access. Low taxes! Must See!
25780 Saint Marta Dr
Bank owned Remodeled Single Level on Culdesac!
Terrific Single level on private culdesac street. This home has been nicely remodeled with beautiful new neutral color carpet and fresh new paint, The neutral tones with go well with any decor. New Stainless Steel Microwave hood in Kitchen, Spacious Master Suite with huge walk in closet. Front Porch, Open vaulted ceiling above living room and dining room. Separate eating area in kitchen. Large 2 car garage with laundry facilities. Must see this cozy single level home close to shopping, schools, parks and very quick freeway access.
Terrific potential. Come enjoy this large single level manufactured home with 2 car garage and storage shed on almost a 1 acre level lot. The home also has a front and back porch, gazebo with jacuzzi and gated areas. Large Master Suite, living room, family room with fireplace, formal dining area and kitchen eating area, 2nd bedroom, inside laundry. Back room addition does not appear to be permitted. Buyer to verify. All roads paved to this property and located on a quiet culdesac street. Call Jesse 949-306-8416 for a showing!
22080 Valley View, Nuevo, CA 92567
DRE issues consumer fraud alert for mortgage relief litigation
I. HOME MORTGAGE RELIEF THROUGH LITIGATION (and “Too Good to Be True” Claims Regarding Its Use to Avoid and/or Stop Foreclosure, Obtain Loan Principal Reduction, and to Let You Have Your Home “Free and Clear” of Any Mortgage).
This alert is written to warn consumers about marketing companies, unlicensed entities, lawyers, and so-called attorney-backed, attorney-affiliated, and lawyer referral entities that offer and sell false hope and request the payment of upfront fees for so-called “mass joinder” or class litigation that will supposedly result in extraordinary home mortgage relief.
The California Department of Real Estate (“DRE” or “Department”) previously issued a consumer alert and fraud warning on loan modification and foreclosure rescue scams in California. That alert was followed by warnings and alerts regarding forensic loan audit fraud, scams in connection with short sale transactions, false and misleading designations and claims of special expertise, certifications and credentials in connection with home loan relief services, and other real estate and home loan relief scams. The Department continues to administratively prosecute those who engage in such fraud and to work in collaboration with the California State Bar, the Federal Trade Commission, and federal, State and local criminal law enforcement authorities to bring such frauds to justice.
On October 11, 2009, Senate Bill 94 was signed into law in California, and it became effective that day. It prohibited any person, including real estate licensees and attorneys, from charging, claiming, demanding, collecting or receiving an upfront fee from a homeowner borrower in connection with a promise to modify the borrower’s residential loan or some other form of mortgage loan forbearance.
Senate Bill 94’s prohibitions seem to have significantly impacted the rampant fraud that was occurring and escalating with respect to the payment of upfront fees for loan modification work.
Also, forensic loan auditors must now register with the California Department of Justice and cannot accept payments in advance for their services under California law once a Notice of Default has been recorded. There are certain exceptions for lawyers and real estate brokers.
On January 31, 2011, an important and broad advance fee ban issued by the Federal Trade Commission became effective and outlaws providers of mortgage assistance relief services from requesting or collecting advance fees from a homeowner.
Discussions about Senate Bill 94, the Federal advance fee ban, and the Consumer Alerts of the DRE, are available on the DRE’s website at www.dre.ca.gov.
Lawyer Exemption from the Federal Advance Fee Ban
The advance fee ban issued by the Federal Trade Commission includes a narrow and conditional carve out for attorneys.
If lawyers meet the following four conditions, they are generally exempt from the rule:
1. They are engaged in the practice of law, and mortgage assistance relief is part of their practice.
2. They are licensed in the State where the consumer or the dwelling is located.
3. They are complying with State laws and regulations governing the “same type of conduct the [FTC] rule requires”.
4. They place any advance fees they collect in a client trust account and comply with State laws and regulations covering such accounts. This requires that client funds be kept separate from the lawyers’ personal and/or business funds until such time as the funds have been earned.
It is important to note that the exemption for lawyers discussed above does not allow lawyers to collect money upfront for loan modifications or loan forbearance services, which advance fees are banned by the more restrictive California Senate Bill 94.
But those who continue to prey on and victimize vulnerable homeowners have not given up. They just change their tactics and modify their sales pitches to keep taking advantage of those who are desperate to save their homes. And some of the frauds seeking to rip off desperate homeowners are trying to use the lawyer exemption above to collect advance fees for mortgage assistance relief litigation.
This alert and warning is issued to call to your attention the often overblown and exaggerated “sales pitch(es)” regarding the supposed value of questionable “Mass Joinder” or Class Action Litigation.
Whether they call themselves Foreclosure Defense Experts, Mortgage Loan Litigators, Living Free and Clear experts, or some other official, important or impressive sounding title(s), individuals and companies are marketing their services in the State of California and on the Internet. They are making a wide variety of claims and sales pitches, and offering impressive sounding legal and litigation services, with quite extraordinary remedies promised, with the goal of taking and getting some of your money.
While there are lawyers and law firms which are legitimate and qualified to handle complex class action or joinder litigation, you must be cautious and BEWARE. And certainly check out the lawyers on the State Bar website and via other means, as discussed below in Section III.
II. QUESTIONABLE AND/OR FALSE CLAIMS OF THE SO-CALLED MORTGAGE LOAN DEFENSE OR “MASS JOINDER” AND CLASS LITIGATORS.
A. What are the Claims/Sales Pitches?
They are many and varied, and include:
1. You can join in a mass joinder or class action lawsuit already filed against your lender and stay in your home. You can stop paying your lender.
2. The mortgage loans can be stripped entirely from your home.
3. Your payment obligation and foreclosure against your home can be stopped when the lawsuit is filed.
4. The litigation will take the power away from your lender.
5. A jury will side with you and against your lender.
6. The lawsuit will give you the leverage you need to stay in your home.
7. The lawsuit may give you the right to rescind your home loan, or to reduce your principal.
8. The lawsuit will help you modify your home loan. It will give you a step up in the loan modification process.
9. The litigation will be performed through “powerful” litigation attorney representation.
10. Litigation attorneys are “turning the tables on lenders and getting cash settlements for homeowners”.
In one Internet advertisement, the marketing materials say, “the damages sought in your behalf are nothing less than a full lien strip or in otherwords [sic] a free and clear house if the bank can’t produce the documents they own the note on your home. Or at the very least, damages could be awarded that would reduce the principal balance of the note on your home to 80% of market value, and give you a 2% interest rate for the life of the loan”.
Please don’t be fooled by slick come-ons by scammers who just want your money. Some of the claims above might be true in a particular case, based on the facts and evidence presented before a Court or a jury, or have a ring or hint of truth, but you must carefully examine and analyze each and every one of them to determine if filing a lawsuit against your lender or joining a class or mass joinder lawsuit will have any value for you and your situation. Be particularly skeptical of all such claims, since agreeing to participate in work is performed (e.g., a significant upfront retainer fee is required).
The reality is that litigation is time-consuming (with formal discovery such as depositions, interrogatories, requests for documents, requests for admissions, motions, and the like), expensive, and usually vigorously defended. There can be no guarantees or assurances with respect to the outcome of a lawsuit.
Even if a lender or loan owner defendant were to lose at trial, it can appeal, and the entire process can take years. Also, there is no statistical or other competent data that supports the claims that a mass joinder and class action lawsuit, even if performed by a licensed, legitimate and trained lawyer(s), will provide the remedies that the marketers promise.
There are two other important points to be made here:
First, even assuming that the lawyers can identify fraud or other legal violations performed by your lender in the loan origination process, your loan may be owned by an investor – that is, someone other than your lender. The investor will most assuredly argue that your claims against your originating lender do not apply against the investor (the purchaser of your loan). And even if your lender still owns the loan, they are not legally required, absent a court judgment or order, to modify your loan or to halt the foreclosure process if you are behind in your payments. If they happen to lose the lawsuit, they can appeal, as noted above. Also, the violations discovered may be minor or inconsequential, which will not provide for any helpful remedies.
Second, and very importantly, loan modifications and other types of foreclosure relief are simply not possible for every homeowner, and the “success rate” is currently very low in California. This is where the lawsuit marketing scammers come in and try to convince you that they offer you “a leg up”. They falsely claim or suggest that they can guarantee to stop a foreclosure in its tracks, leave you with a home “free and clear” of any mortgage loan(s), make lofty sounding but hollow promises, exaggerate or make bold statements regarding their litigation successes, charge you for a retainer, and leave you with less money.
III. THE KEY HERE IS FOR YOU TO BE ON GUARD AND CHECK THE LAWYERS OUT (Know Who You Are or May Be Dealing With) – Do Your Own Homework (Avoid The Traps Set by the Litigation Marketing Frauds).
Before entering into an attorney-client relationship, or paying for “legal” or litigation services, ascertain the name of the lawyer or lawyers who will be providing the services. Then check them out on the State Bar’s website, at www.calbar.ca.gov. Make certain that they are licensed by the State Bar of California. If they are licensed, see if they have been disciplined.
Check them out through the Better Business Bureau to see if the Bureau has received any complaints about the lawyer, law firm or marketing firm offering the services (and remember that only lawyers can provide legal services). And please understand that this is just another resource for you to check, as the litigation services provider might be so new that the Better Business Bureau may have little or nothing on them (or something positive because of insufficient public input).
Check them out through a Google or related search on the Internet. You may be amazed at what you can and will find out doing such a search. Often consumers who have been scammed will post their experiences, insights, and warnings long before any criminal, civil or administrative action has been brought against the scammers.
Also, ask them lots of specific, detailed questions about their litigation experience, clients and successful results. For example, you should ask them how many mortgage-related joinder or class lawsuits they have filed and handled through settlement or trial. Ask them for pleadings they have filed and news stories about their so-called successes. Ask them for a list of current and past “satisfied” clients. If they provide you with a list, call those people and ask those former clients if they would use the lawyer or law firm again. Ask the lawyers if they are class action or joinder litigation specialists and ask them what specialist qualifications they have. Then ask what they will actually do for you (what specific services they will be providing and for what fees and costs). Get that in writing, and take the time to fully understand what the attorney-client contract says and what the end result will be before proceeding with the services. Remember to always ask for and demand copies of all documents that you sign.
Mortgage rescue frauds are extremely good at selling false hope to consumers in trouble with regard to home loans. The scammers continue to adapt and to modify their schemes as soon as their last ones became ineffective. Promises of successes through mass joinder or class litigation are now being marketed. Please be careful, do your own diligence to protect yourself, and be highly suspect if anyone asks you for money up front before doing any service on your behalf. Most importantly,DON’T LET FRAUDS TAKE YOUR HARD EARNED MONEY.
This super clean manufactured home has hardly been lived in and is truly turnkey. The panoramic views out the back are fabulous. Enjoy coffee in the morning from both your front and back porch accented with white fencing. Built in 2006 it has New carpet, Modern Bullnosed corners on drywall with vaulted ceilings and skylights offering a light and bright ambience throughout. Breakfast bar and upgraded stainless appliances in the kitchen area and 4 bedrooms. Title states 3 bedrooms but the 4th bedroom does have a closet as well. Master suite has a private bath with seperate shower and tub and dual sinks. Located near the SCGA golf course in a Senior Community with quick freeway access and close to shopping, parks, hospitals and restaurants. Must see!
Senior Community! 55+
Call Jesse Madison at 951-526-2574 today!
|4BR/2BA Manufactured||offered at $198,000|