Real Estate Trends - Palmdale, Lancaster, Anaverde and the Greater Antelope Valley February 26 - 2010 Who benefits from the Short Sale? Short sales are a win-win situation. Lenders, Mortgagees and Realtors all benefit from the successful short sale. Mortgagors get the majority of their money back, Mortgagees get the relief they need and are able to sell their property and avoid foreclosure, and Realtors can facilitate the transaction and receive compensation (commission the bank pays) from the sale of the property. Why would banks forgive the difference? To mitigate their losses, banks often accept a settlement of less than what is owed on the property. When faced with the option of getting the property ‘back’ through foreclosure, a short sale often makes a much wiser business decision... 02/26/2010

Real Estate Trends - Palmdale, Lancaster, Anaverde and the Greater Antelope Valley February 22 - 2010 In the Hills of Palmdale back in early 2003 just off avenue “S” a new community named Anaverde was started.  The planned community consisting of over 4,500 single family home got under way and during the buying frenzy most if not all home were sold.  Now with the troubles with the financing in recent years a lot of the homes are coming available to qualified buyers at a huge discount.  In 2007 when the first wave of foreclosures started 30% or so in the Anaverde planed community were put on the market.  Today we are seeing more Short Sales in Anaverde due mainly to the loans term changing.  What was a comfortable monthly mortgage payment for a $500,000.00 home is now out of reach.  How... 02/22/2010

The day begins,  and everyone has  the same amount of sunlight to live their day. I have thought long and hard, Ive always  tried to figure out the difference between me and someone who is exceptional, powerful person who impacts his industry like; Alan Greenspan, who is not any longer the Federal Reserves Chairman , yet his comments create action both positive or negative in the markets around the world. Micheal Jordan, a man who has not played in the NBA for  few years and is still spoken of today..As the greatest that ever was... History speaks of many others who have long paced away and their influence is still felt in all our lives. For instance , Mother Teresa, Martin LUther King, Cesar Chaves, and Abraham Lincoln and many more...... I have begun this journey to discover the  diff... 09/29/2007