Beverly Hills: Going first class

Beverly Hills Flats, 90210, is one of the most exclusive coveted … [Read on ... ]

beverly hills home and garden - prime real estate

Culver City: Studios, schools, fun!

"The Heart of Screenland" is so named because of the historical and … [Read on ... ]

Culver City children downtown playing in fountain

Westchester: Charming, affordable, ideal

Think about walking down a tree lined street filled with beautiful, … [Read on ... ]

westchester california property

Playa Del Rey: Clean air, cool condos

Sitting mostly at sea level, with its west side bordering the Pacific … [Read on ... ]

Mar Vista: ‘Heart of the Westside’

Think Mid-Century Modern Architecture with breathtaking views of the … [Read on ... ]

Mar Vista California

Beverlywood: East Coast feel on the Westside

This city is special. Composed of mixed architecture of … [Read on ... ]

Beverlywood California in L.A.

Foreclosures & loan mods

Credit score with foreclosure and short sales

Credit is the golden calf impacting your financial future. When facing the loss of your home, the decision to modify your loan, short sale your house or just to let your home foreclose can have a long-term impact on your credit. Short sale vs. … [More...]

roulette wheel for post on loan modifications

Why is it so hard to get a loan modification? Homeowners in Beverly Hills, Culver City and Westchester would like to know. Are the odds of getting a loan modification similar to hitting a zero on at a Roulette table in Vegas? The short … [More...]

distressed homeowners with deficiency

Here are two big pieces of the puzzle for distressed homeowners: deficiency judgments after a short sale, and the impact of foreclosures on deficiency judgments. A deficiency judgment is an unsecured monetary judgment against a borrower whose sale … [More...]

News & analysis

troubled homeowner's foreclosure notice

Loan modification redefaults growing

Loan modifications for troubled borrowers under the Home Affordable Modification program have come under criticism from the inspector general for the Troubled Asset Relief Program. "Already, 398,222 homeowners have not been able to keep up with their mortgage payments even though payments were lowered by HAMP," the report states. "Overall 29 percent of homeowners in HAMP … [More...]

HAFA short sale program logo

Finding help with HAFA short sales

HAFA is an improved short sale program that has standardized and streamlined the process, offering new incentives for servicers, protecting homeowners from deficiency claims, and providing $3,000 in relocation assistance. The program has been extended updated many times and is currently available through Dec. 31. HAFA short sales in California are streamlined for success; … [More...]

short sale sign: forgiveness tax relief

Solutions to tax forgiveness on short sales

Los Angeles property owners facing foreclosure are concerned about tax forgiveness on short sales. Homeowners who are concerned about their future do all they can avoid foreclosure. Fortunately for some, California has special provisions for those facing foreclosure. In preparing for a short sale, the sellers often ask: Are there exemptions from the taxation of cancellation … [More...]