Madison Realty- Jesse Madison, Broker

2 Bedroom Condo in Lake Forest $140,000 See Video!

Bidding on this home will end in just 2 days.
HUD Owned home and FHA approved

23214 Orange Ave Apt 5, Lake Forest, CA

Perfect Starter home in Aliso Creek Villas with 2 Beds 1 Bath and convenient, private front and back patios. Light and Bright kitchen, Laminate wood flooring in living area and on site laundry and storage area off of Front Patio. Located across from greenbelt and short walk to the Association pool. Close to schools, shopping centers, churches and freeways. This is a HUD Owned home and FHA approved.

2BR/1BA Condo offered at $140,000
Year Built 1980
Sq Footage 833
Bedrooms 2
Bathrooms 1 full, 0 partial
Floors Unspecified
Parking 1 Covered spaces
Lot Size Unspecified
HOA/Maint $270 per month

3.8% Tax on Real Estate home sales: What’s True, What’s Not

Top 5 Reasons doing a short sale is now easier than ever

Top 5 Reasons doing a short sale is now easier than ever.

short sale easy

  1. Banks are now pre-approving short sales. Yes its true! You will actually get your Price approved before your home gets listed. Then all you need to do is get the home under contract and close escrow quickly.
  2. Banks are paying some distressed sellers to sell their home as SHORT SALES rather than Foreclose. Some banks will compensate sellers as much as $30,000 to cooperate with short sales.
  3. Banks will pay for seller closing costs. Sellers can virtually complete the short sale with no out of pocket costs. This is a huge relief to cash poor sellers that are behind on their mortgages.
  4. Debt Forgiveness. With the extension of the Mortgage Forgiveness Debt Relief Act, sellers will, will, for one more year, exempt the taxation of mortgage debt that is forgiven when homeowners and their mortgage lenders negotiate a short sale or loan modification (including any principal reduction). Sellers in CA can take comfort that C.A.R. is sponsoring SB30 which will conform state law to federal law regarding Mortgage Forgiveness.
  5. You can buy a home again in as little as 2 years. This is a big consideration as opposed to a 7 year wait when you allow your home to go into Foreclosure. Foreclosures remain on your public record for 7 years. Short Sales are not reported on a persons credit history. FHA – If current at the close of short sale, a homeowner may apply for an FHA loan immediately. If homeowner is late before close of short sale closing, will be eligible for FHA loan after 3 years.

Orange County Short Sale Realtor -Tips on Preventing Orange County Foreclosures, CDPE, SFR

short-sale help 1

If you or someone you know is in danger of losing their home to foreclosure…Contact Me Today!

Jesse Madison 949-306-8416

jmadison.realtor@gmail.com

Certifications:

CDPE, Certified Distressed Property Expert

SFR® Certified, Short Sales and Foreclosure Resource

Short Sale Help is here. Serving All Orange County Communities and surrounding areas:

Irvine, Laguna Niguel, Foothill Ranch, Huntington Beach, Capistrano Beach, Corona Del Mar, Dana Point, Lake Forest, Laguna Woods, Laguna Beach, Laguna Hills, Aliso Viejo, Newport Coast, , San Clemente, Trabuco Canyon, Rancho Santa Margarita, Mission Viejo, Ladera Ranch, Tustin, Villa Park, Costa Mesa, Orange, Anaheim, Garden Grove, Yorba Linda, Corona, Fountain Valley, Placentia, Chino, Portola Hills, Chino Hills, Norco, Whittier, Buena Park, La Palma, Cypress, La Habra, La Mirada, Stanton, Artesia, Lakewood, Los Alamitos, Seal Beach, Sunset Beach, Surfside, Mira Loma, Ontario, Diamond Bar, Camp Pendleton, Fallbrook, Riverside, Lake Elsinore, Murrieta, Perris, Menifee, Sun City, Temecula, Wildomar, Irvine, Huntington Beach, Laguna Niguel, El Toro, Foothill Ranch, Capistrano Beach, East Irvine, Midway City, Newport Beach, San Juan Capistrano, Silverado, Westminster, Ladera Ranch, Santa Ana,Atwood, Brea, Fullerton, Norco and more!

Irvine short sales, Laguna Niguel short sales, Foothill Ranch short sales, Huntington Beach short sales, Capistrano Beach short sales, Corona Del Mar short sales, Dana Point short sales, Lake Forest short sales, Laguna Woods short sales, Laguna Beach short sales, Laguna Hills short sales, Aliso Viejo short sales, Newport Coast short sales, , San Clemente short sales, Trabuco Canyon short sales, Rancho Santa Margarita short sales, Mission Viejo short sales, Ladera Ranch short sales, Tustin short sales, Villa Park short sales, Costa Mesa short sales, Orange short sales, Anaheim short sales, Garden Grove short sales, Yorba Linda short sales, Corona short sales, Fountain Valley short sales, Placentia short sales, Chino short sales, Portola Hills short sales, Chino Hills short sales, Norco short sales, Whittier short sales, Buena Park short sales, La Palma short sales, Cypress short sales, La Habra short sales, La Mirada short sales, Stanton short sales, Artesia short sales, Lakewood short sales, Los Alamitos short sales, Seal Beach short sales, Sunset Beach short sales, Surfside short sales, Mira Loma short sales, Ontario short sales, Diamond Bar short sales, Camp Pendleton short sales, Fallbrook short sales, Riverside short sales, Lake Elsinore short sales, Murrieta short sales, Perris short sales, Menifee short sales, Sun City short sales, Temecula short sales, Wildomar short sales, Irvine short sales, Huntington Beach short sales, Laguna Niguel short sales, El Toro short sales, Foothill Ranch short sales, Capistrano Beach short sales, East Irvine short sales, Midway City short sales, Newport Beach short sales, San Juan Capistrano short sales, Silverado short sales, Westminster short sales, Ladera Ranch short sales, Santa Ana short sales, Atwood short sales, Brea short sales, Fullerton short sales, Norco short sales, Coto De Caza short sales, Dove Canyon short sales, Robinson Ranch short sales, Las Flores short sales, Nellie Gail Short Sales, Orange County short sales

Just Listed! 2 Bed 1 Bath Condo in Lake Forest $140,000 HUD Owned!

HUD Owned home and FHA approved

23214 Orange Ave Apt 5, Lake Forest, CA

Perfect Starter home in Aliso Creek Villas with 2 Beds 1 Bath and convenient, private front and back patios. Light and Bright kitchen, Laminate wood flooring in living area and on site laundry and storage area off of Front Patio. Located across from greenbelt and short walk to the Association pool. Close to schools, shopping centers, churches and freeways. This is a HUD Owned home and FHA approved.

HUD owned Lake Forest

2BR/1BA Condo offered at $140,000
Year Built 1980
Sq Footage 833
Bedrooms 2
Bathrooms 1 full, 0 partial
Floors Unspecified
Parking 1 Covered spaces
Lot Size Unspecified
HOA/Maint $270 per month

 

HUD Homes in CA Best Value List week of 1/10/13

Investors! Get a deal on HUD Homes in CA 

No matter what the offer is, it WILL be considered! Take advantage of one of these deals before it’s too late! 

Check out this list of Best Deals for HUD homes.

Best Value List 1-10-13

Please call Jesse at 949-306-8416 for more information on these and other exciting HUD Homes! More details can be found at http://www.HUDHOMESTORE.com

Investors! Get a deal on HUD Homes.

No matter what the offer is, it WILL be considered! Take advantage of one of these deals before it’s too late! 

Check out this list of Aged inventory for HUD homes.

Short Sale Tax implications update! CAR is sponsoring SB30 to conform CA state law to Federal law.

California Short Sale Tax implications update!

short sale tax

FEDERAL TAXES: On the Federal level, The Mortgage Forgiveness Debt Relief Act was renewed which will, for one more year, exempt the taxation of mortgage debt that is forgiven when homeowners and their mortgage lenders negotiate a short sale or loan modification (including any principal reduction).

STATE TAXES:

C.A.R. is sponsoring SB 30 (Calderon, D-Montebello).  SB 30 will conform state law to the federal law passed last week.  Upon passage of SB 30, the measure will be effective retroactive to Jan. 1, 2013.

If you need any help with an Orange County Short Sale please call me at 949-306-8416. I can help guide you through this process and help you find a solution so you can move on with your life.

Just Listed! $185,000 2 Bed 1.5 Bath Tustin Condo HUD Owned! FHA Approved! See video…

13662 Red Hill Ave #D
Tustin, CA 92780
Tustin 2 Bedroom Condo

Just Listed! $185k

HUD Owned! FHA Approved 2 bedroom Condo!

Enjoy this comfortable 2 Bed 1.5 Bath 2 level condo in Tustin Villas. Located in the back of the gated complex this home offers laminate wood flooring in the living room and a spacious kitchen that opens to the dining area. Upstairs you will find 2 large spacious bedrooms with a full bathroom with double sinks upstairs. Back patio offers extra storage closets and a 1 car garage. Enjoy the large greenbelt in front of the unit and the association pool just a short walk away. This home is HUD owned and FHA approved with a repair escrow.

 

2BR/1+1BA Condo offered at $185,000
Year Built 1964
Sq Footage 1,005
Bedrooms 2
Bathrooms 1 full, 1 partial
Floors 2
Parking 1 Car garage
Lot Size Unspecified
HOA/Maint $241 per month

Contact Jesse at jmadison.realtor@gmail.com for more info on this new listing!

Just Listed $300,000 in South Orange County! HUD Owned 2 Bed 2 Bath .

 
048-460306 Front_18601200
18953 Woodland Way,
Trabuco Canyon, CA 92679

HUD Owned 2 Bed 2 Bath Home in Portola Hills! FHA Approved.

048-460306 Kitchen_18601256048-460306 Living room 4_18601269

Wonderful opportunity for a HUD home in Portola Hills. This single level home is approved for FHA financing.

2BR/2BA Single Family House offered at $300,000
Year Built 1987
Sq Footage 1,149
Bedrooms 2
Bathrooms 2 full, 0 partial
Floors 1
Parking 2 Car garage
Lot Size 3,850 sqft
HOA/Maint $138 per month
Jesse Madison
Madison Realty
License #01366391
(949) 306-8416

Breaking News! Mortgage Debt Relief Act will be extended through 2013 as part of the Fiscal Cliff Deal!

The extension means homeowners now will be excused from paying taxes on forgiven mortgage debt through 2013. The debt relief was set to expire Dec. 31.

Short Sale Debt Forgiveness Extended through 2013

Short Sale Debt Forgiveness Extended through 2013

This is a huge relief for homeowners who currently or intend to sell their home as a short sale or perform mortgage modifications. Without this extension these sellers may have faced tax bills in the tens of thousands of dollars.

HUD Homes Best Value List week of 12/27/12

Investors! Get a deal on HUD Homes in CA 

No matter what the offer is, it WILL be considered! Take advantage of one of these deals before it’s too late! 

Check out this list of Best Deals for HUD homes.

HUD Home Deals Best Value 12-27-12

 

Please call Jesse at 949-306-8416 for more information on these and other exciting HUD Homes! More details can be found at http://www.HUDHOMESTORE.com

Investors! Get a deal on HUD Homes.

No matter what the offer is, it WILL be considered! Take advantage of one of these deals before it’s too late! 

Check out this list of Aged inventory for HUD homes.

 

Testimonials:

Testimonials

24686

' Jessie is a honest, hardworking, and friendly agent. We thought we weren't ready to buy a home, but Jesse explained the process and made it easy. We ... more '
5.0/5.0
by Lety Perkins

24553

' Jesse Madison proved to be a very courteous, knowledgeable, and helpful real estate professional. I was very impressed with the way he handled my ... more '
5.0/5.0
by Laniklane

Relocate.org

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