Mortgage Debt Forgiveness Act coming to an END !

As we await the much sought out extension of the Mortgage Debt Forgiveness Act, we must come to the possible realization that come the end of December, 2012, we no longer will have the tax shield.  For those that are on the fence, contemplating whether to do a Short Sale, or let your home get foreclosed by the bank…either way, a decision has to be now. A Short Sale has much more of an appeal since it affects your credit less severe then a foreclosure would. Also, there is a good possibility that you would be eligible for the Federal “HAFA” program, where you would receive (at closing) an amount of approximately $3,000 for moving expenses, etc… Don’t wait. The process takes a few months, therefore time  is still on your side to act and get it Sold.

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Beautiful Five Bedroom Home in AnaVerde (West Palmdale) Community

Standard Sale (NOT a Shortsale or REO), located in the AnaVerde Community. Turn Key condition on a Cul-de-sac, featuring Courtyard, Upgrades throughout. Hickory Hardwood floors, design carpeting, 18×18 beautiful tile, granite counters, Deco White Cabinets with Glass Inserts, Blinds, and Fans throughout. Rear yard is fully landscaped with an above ground 72 jets jacuzzi, and patio slab. Great for Entertaining! A MUST see!!! SOLD FOR $285,000!!!

Call Anna for a private viewing @ (661) 400-5935 c


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AnaVerde Pool Home for Sale



Two Story, 3500 sq. ft. Pool home in the AnaVerde Community! Open and bright Floor Plan with in ground pool and spa and low maintenance rear yard. No neighbors behind and view of the local mountains. Custom barbeque and stamped colored concrete throughout the yard, Covered Patio perfect for entertaining.  A must see…call Anna with HomeBased Realty for a private viewing @ 661 400-5935 today! SOLD FOR $265,000 (SHORT SALE) !

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Real Estate Market as of July 7, 2011

I’m sure you have all heard or read from the various “experts/economists” as to the current status and the future of Real Estate. The problem is that no one can come up with the same information for the consumer to digest and act in an responsible manner.
On one website the information states that the market has hit rock bottom and the prices are only going to go up from here on.
Then another “expert” will state that consumer confidence is still at an all time low and the market will continue to decline for at least another couple of years…
Who do we believe?
Even on the same day, the information is confusing to say the least!
I think the more important question is Are you able to afford a home with the incredible low interest rates and prices that are half of what they were in 2007?
If one is able to qualify with a down payment as low as Three Percent, then it would make perfect sense not to gamble and wait to see where the market will go.
There is no time like the present to become a homeowner and take advantage of the Bank Owned and Short Sales properties that are out there.
Regardless if you are buying as an investor, or a first time buyer…don’t sit idle and let this awesome opportunity pass you by!

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