tag:blogger.com,1999:blog-86393397633510167802024-02-18T20:52:11.688-08:00Dawn O'Neal - Experienced California REALTOR®Reliable and Professional Real Estate information you can count on!Dawn O'Nealhttp://www.blogger.com/profile/02859788288690884349noreply@blogger.comBlogger19125tag:blogger.com,1999:blog-8639339763351016780.post-63586490413981307642012-05-03T15:36:00.001-07:002012-05-03T15:36:46.641-07:00Escape Your Unmanageable Mortgage
Getting free doesn't have to mean running away.
Today, many homeowners find themselves unable to escape an unmanageable mortgage. Some of them are being given some bad advice.
They are being told that walking away from their mortgage and letting the bank foreclose is their best possible option. It is called Strategic Default, and it has terrible consequences.
As a real estate professional Dawn O'Nealhttp://www.blogger.com/profile/02859788288690884349noreply@blogger.com0tag:blogger.com,1999:blog-8639339763351016780.post-8736916487988655292012-05-02T20:42:00.001-07:002012-05-02T20:42:05.864-07:00Cole's new Truck - Courtesy Grandpa Tom Here is Cole - just turned 2 in February and learning to drive in his front yard in Illinois. He is going to be a formidable force! Cutie that he is!Dawn O'Nealhttp://www.blogger.com/profile/02859788288690884349noreply@blogger.com0tag:blogger.com,1999:blog-8639339763351016780.post-66023713883585629242012-04-30T09:12:00.002-07:002012-04-30T09:12:26.435-07:00New Legislation Would Extend Mortgage Cancellation Relief…BUT<!--[if gte mso 9]>
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Dawn O'Nealhttp://www.blogger.com/profile/02859788288690884349noreply@blogger.com0tag:blogger.com,1999:blog-8639339763351016780.post-91837080326718271332012-04-29T19:32:00.000-07:002012-04-29T19:32:20.052-07:00Mortgage Cancellation Relief Continuation UNKNOWNNew Legislation Would Extend
Mortgage Cancellation Relief…BUT
IF
YOU ARE EXPERIENCING MORTGAGE PAYMENT DIFFICULTIES, DON’T WAIT TO SELL
A Short
Sale may help save your credit and help you get to a place where you can
rebuild more quickly than if you face foreclosure or bankruptcy. For more
answers, check out my website at Delinquent-Mortgage-Options.com
The Mortgage Dawn O'Nealhttp://www.blogger.com/profile/02859788288690884349noreply@blogger.com0tag:blogger.com,1999:blog-8639339763351016780.post-44712925667683592852012-03-23T08:13:00.000-07:002012-03-23T08:18:59.101-07:003.8% Tax Coming 1/1/2013 on Investment Income
The 3.8% Tax
Real Estate Scenarios & Examples
Effective January 1, 2013
The NATIONAL ASSOCIATION OF REALTORS® has developed this
informational brochure to help consumers understand the taxation effect of the new
tax — passed by Congress in 2010 with the intent of generating an estimated
$210 billion to help fund President Barack Obama’s health care and Medicare
overhaul plans.
ThisDawn O'Nealhttp://www.blogger.com/profile/02859788288690884349noreply@blogger.com0tag:blogger.com,1999:blog-8639339763351016780.post-48606678182730798232012-03-16T14:35:00.001-07:002012-03-23T08:19:54.199-07:00
Aren’t
ALL real estate agents REALTORS®?
NO! ……….So, what is a REALTOR®
Since I am a REALTOR®
in California, I will use this
States information.
A real estate agent is an individual who has completed all of
the courses required to get their license, passed a series of proctored tests
and then “sat” for their half day proctored California State’sDawn O'Nealhttp://www.blogger.com/profile/02859788288690884349noreply@blogger.com0tag:blogger.com,1999:blog-8639339763351016780.post-85052178278557296952012-03-08T18:10:00.004-08:002012-03-08T18:13:37.790-08:00Selling a Senior's HomeWhat Seniors and Adult Children are Asking
By Dawn O’Neal ~ Realty World Executive Advantage
When our loved one’s ability to live on their own has become a major concern for their health and/or safety, it is not an easy decision to make if they are going to move or if you Dawn O'Nealhttp://www.blogger.com/profile/02859788288690884349noreply@blogger.com0tag:blogger.com,1999:blog-8639339763351016780.post-64254208664902630712011-12-30T16:34:00.000-08:002011-12-30T16:34:15.334-08:00
Here is a great article from The
New York Times that our California Association of REALTORS® shared for your information.....
Getting back in the black
More than 2.6 million households are at least 60
days delinquent on their mortgage payments, according to the nonprofit
coalition Hope Now. While those who are delinquent 60-120 days can make back
payments to help them become current, those Dawn O'Nealhttp://www.blogger.com/profile/02859788288690884349noreply@blogger.com0tag:blogger.com,1999:blog-8639339763351016780.post-51788551322371727682010-10-19T18:11:00.000-07:002010-10-19T18:13:37.795-07:00Investors….. They STILL don’t get it!I recently had a short sale go south. This is so sad because now the Buyers lost an opportunity to become homeowners and the investors lost the chance to recoup almost 75% of their money. The property will now go into foreclosure; the lender will get less; the buyer will not own the home; the seller will have a bigger ding on their credit; all the work 2 agents performed for the clients will Dawn O'Nealhttp://www.blogger.com/profile/02859788288690884349noreply@blogger.com0tag:blogger.com,1999:blog-8639339763351016780.post-33414146363322346982010-10-19T13:59:00.000-07:002010-10-19T14:03:43.952-07:00The only ones that benefit from a short sale are the REALTORS®The only ones that benefit from a short sale are the REALTORS®These are the words a very good client and friend told me her bankruptcy attorney said to her. At first I was really angry and decided to sleep on it until I could write about it objectively so here goes…..YES – REALTORS® do profit from the sale – Eventually AND Sometimes. Fact of the matter is that, (from personal experience), 10 Dawn O'Nealhttp://www.blogger.com/profile/02859788288690884349noreply@blogger.com0tag:blogger.com,1999:blog-8639339763351016780.post-59818951491798643062009-09-20T14:30:00.000-07:002009-11-09T20:24:57.328-08:00Image by silverhawk42532 via Flickr$399,888 BUCKINGHAM! AVAILABLE TO RENT AT $2,000 PER MONTH.Location! Location! Location! BEST COMP VALUE!2889 BUCKINGHAM DRIVE in premier Buckingham, Kelseyville, Lake County, CAFor more pictures see www.2889BuckinghamDr.com • ALL NEW REMODEL• 2,000 sq ft (estimated)• 3 large all new bedrooms, 2 beautiful all new baths• Gorgeous views -- Dawn O'Nealhttp://www.blogger.com/profile/02859788288690884349noreply@blogger.com0tag:blogger.com,1999:blog-8639339763351016780.post-59564303508795484492009-09-04T12:47:00.000-07:002009-09-04T12:55:18.980-07:00What do you offer on a foreclosed property?<!--[if gte mso 9]> Normal 0 false false false MicrosoftInternetExplorer4 <![endif]--><!--[if gte mso 9]> <![endif]--> <!-- /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-parent:""; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; font-family:"Times New Roman"; Dawn O'Nealhttp://www.blogger.com/profile/02859788288690884349noreply@blogger.com0tag:blogger.com,1999:blog-8639339763351016780.post-40130092120956274462009-09-01T08:02:00.000-07:002009-09-01T08:09:48.644-07:00Short Sale Question from Trulia ReaderQUESTIONS: So in other words..... When an MSL listing is listed as a short sale for say 400,000 and you offer 400,000 that price has not been bank approved?Why even bother looking at these listings then. It wastes my time- the realtors etc. Dennis Olson Both Buyer and Seller Pendleton, OR Dennis, You hit the nail on the Dawn O'Nealhttp://www.blogger.com/profile/02859788288690884349noreply@blogger.com0tag:blogger.com,1999:blog-8639339763351016780.post-80007084673451361442009-08-28T13:36:00.000-07:002009-08-28T16:39:10.204-07:00Bittersweet Assistance ~ Another Short Sale ClosesToday we closed escrow on another short sale for some of my clients but they don't get any easier. The process does but the feeling for the clients do not. It is satisfying knowing that I have helped them through a rough process but at the same time it hurts knowing I could not do more to help them keep their home. The only satisfaction that I can make myself believe is that now the worst is Dawn O'Nealhttp://www.blogger.com/profile/02859788288690884349noreply@blogger.com0tag:blogger.com,1999:blog-8639339763351016780.post-2593274366679348192009-04-09T16:32:00.000-07:002009-04-09T16:37:07.189-07:00Short Sales, Foreclosures, Enough Already!LENDERS NEED TO TAKE A PAGE FROM PARENTING GUIDESWouldn’t it be great if banks would recognize a giant service opportunity to their existing clients by working with them as parents do with their children! Don’t just throw your clients away - get down to basics and help keep the ones you have.Many homeowners that put 10% to 20% down on their houses years ago are now being affected by the decline Dawn O'Nealhttp://www.blogger.com/profile/02859788288690884349noreply@blogger.com0tag:blogger.com,1999:blog-8639339763351016780.post-36050945164684585812009-01-18T14:01:00.000-08:002009-01-18T14:05:15.645-08:00QUESTION RE SELLER'S LACK OF DISCLOSUREQUESTION ASKED BY LJ:I purchased a home a few months ago in Orange County CA and recently discovered that 2 rooms which are an addition to the house do not have heat. There are vents in each room but not heat comes out. No mention of this was made in the disclosure report or in the inspection report (the inspector checked to see if the furnace worked - he did not check to see if heat came out of Dawn O'Nealhttp://www.blogger.com/profile/02859788288690884349noreply@blogger.com0tag:blogger.com,1999:blog-8639339763351016780.post-60588713317087752642008-12-27T11:28:00.000-08:002008-12-27T12:53:49.776-08:00Information for SeniorsThis blog has lots of information and resources for seniors and their adult children.Tom and Dawn are both Seniors Real Estate Specialists (SRES).Dawn O'Nealhttp://www.blogger.com/profile/02859788288690884349noreply@blogger.com0tag:blogger.com,1999:blog-8639339763351016780.post-67837612698326535702008-12-26T08:42:00.000-08:002009-01-07T16:22:48.785-08:00Keep Your Prop 13 Property Tax BasisProp 60Prop 90Retirement Tax BasisProposition 13Many people have asked exactly how the Prop 60 and Prop 90 works for them to be able to take their Property Tax Basis under Proposition 13 with them to a new home, and what the differences are. The first rule is that one spouse or owner must be 55 years or older.Second you need to confirm that the County you want to move into participates in the Dawn O'Nealhttp://www.blogger.com/profile/02859788288690884349noreply@blogger.com0tag:blogger.com,1999:blog-8639339763351016780.post-19903888097068366012008-12-25T09:59:00.000-08:002008-12-25T10:09:43.220-08:00What is a "Short Sale"?• Short Sales • Posted: 12/22/08 - 05:10:38 P by: Dawn O'Neal & Tom BinderWHAT IS A “SHORT SALE”? A “Short Sale” is the term coined by the industry for a home that has a mortgage balance owed to the lender/bank that is higher than the home will sell for based upon the current comparable Fair Market Value, (FMV), sales in the area. Prior to the property going back to the bank as a foreclosure,Dawn O'Nealhttp://www.blogger.com/profile/02859788288690884349noreply@blogger.com0