Sengdao Vongruksukdi's Blog

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Real Estate Agent - Starlight Realty Certified REO & Short Sale Specialist

ARCHIVED BLOG POSTS

2011 

Breaking News from Corelogic (and Diana Olick): * According to Corelogic, 23% of all homeowners (with a mortgage) are now..upside down. Remember, we reported on this blog months ago that the expected number of underwater owners would be 20,000,000 when home values fell just another 5%.  There are...
03/09/2011
Among the drivers of the wave of cash-in refinancings in the fourth quarter was consumers looking to bring their jumbo mortgage down to the conforming limits to benefit from lower rates and fees, an analyst with Braver Stern Securities said. Freddie Mac came out with a study which looked at its o...
03/08/2011
You've probably heard it said that classified advertising is dead or at least dying. Major newspapers are suffering a decline in the number of subscribers to the daily print editions. These days, with free lead generation vehicles such as Craigslist so readily available, many agents actually beli...
03/08/2011
Did you know some very famous and/or wealthy people share a very unusual commonality. This commonality is "journaling." Journaling is defined by the Free Dictionary as... "A personal record of occurrences, experiences, and reflections kept on a regular basis; a diary." Now I realize this might so...
03/08/2011
NEW YORK (CNNMoney) -- The rich are different from you and me: They're buying real estate. After four straight years of declines, sales of million-dollar homes and condos rose last year in all 20 major metro areas, according to DataQuick Information Systems. On average, these cities saw an 18.6% ...
03/07/2011
As scammers continue to prey on vulnerable, financially stressed homeowners, the California State Department of Real Estate is warning consumers to be wary of promises for loan modification and mortgage relief. The typical scam involves the assurance of a loan modification in exchange for an upfr...
03/07/2011
Equator, a software provider to the default and REO industry, has launched three new products for lenders and servicers to use for REO and short sale inventory. The three new modules called Loan Segmentation, REO Segmentation and Invoice Management can be used with the company's current modules. ...
03/07/2011
.."Is Strategic Default Wrong...Should Agents Help Underwater Owners Do Strategic Short Sales?" The overwhelming response from agents just 3 years ago was....Strategic Default is wrong and agents should have nothing to do with owners who are choosing to default for reasons other than hardship. Fa...
03/07/2011
The National Association of Realtors truly are our only voice in D.C. We need to do everything to reinforce their efforts to keep homeownership front and center. The National Association of Realtors® month-long Home Ownership Matters Bus Tour kicks off this weekend in Chicago outside of the Chica...
03/07/2011
Todd Whittemore, the newly appointed executive vice president of master risk management of Digital Risk LLC, Maitland, Fla., attended the Mortgage Bankers Association's National Mortgage Servicing Conference in Dallas to stay current on market issues and trends in servicing demand. The main take ...
03/06/2011
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Sengdao Vongruksukdi

Newport Beach Real Estate
local_phone(949) 650-4746
smartphone(949) 244-1597
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