Is Your Landlord About To Foreclose?

Today, many tenants and renters are finding out that the owners of their rental are not making the mortgage payments and are left with very short notice to find a new place to live. This is a situation that can cause major aggravation when a a person or family has built their life around the terms of their lease.

Many do not know this but we can check to see if the owner of the home you rent is going into foreclosure and whether or not they have been making the payments.

If we find that this is the case, we can help negotiate an acceptable solution for you and/or help you find a place to live before it is too late. This is a free service we will provide to our Southern California clients who are not quite ready to buy their own home, but when they are ready, we look forward to helping them find the perfect home.

Hope you find this informational service helpful. If you have any other questions about Anaheim homes, please contact us for information and if you are in the Orange County area and are curious wheather or not your landlord might forclose please fill out our landlord screening request.

Just Listed - 4 Bedroom Sunny Hills Pool Home

SOLD! - Congratulations Kathy and Bruce!


A Beautiful 4 Bedroom Pool Home in a Popular Sunny Hills West William Lyons Tract.

In a group of homes known for large floorplans and large lots, this one truly does not disappoint. The 18,000 sqft lot host a large solar heated pool, covered patios, and terraced yard perfect for entertaining and still keeping an eye on the swimmers.

Rv access will give you plenty of room for toys or even adding on to the house. Large master has private bathroom. Grand living room with high ceilings makes for a stunning view upon entering the home. Downstairs family room has fireplace, an adjacent bed & bath, plus access to backyard.

Remodeled kitchen, new carpet and paint throughout house. Property located at end of small cul-de-sac near grissom park in the sunny hills high school, parks junior high, sunset lane elementary school districts.

Motivated owner, bring all reasonable offers. For more info or to request a private showing, call 714 686 6946



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Sunny Hills West Homes For Sale

FOUST Team in the news lately!

A strong web presence continues to pay off as we've:

-Had quite a few of some of our clients homes go from active to sold this week plus

-Gained an opportunity to help some of the home buying public

First off, to follow up on a previous post we have had the LA Times publish one of our listings in a section of their paper call "On the Market". The writer, Lauren Beale, used a house we have listed at Morningside in Whittier as a showcase for what modern buyers can get for around $500,000. You can see this story here.

Second, A recent article that we have authored just appeared on Realty Times, Yahoo Real Estate, and quite a few places in the blog sphere. We don't want to directly link back to this article but it is easily found by doing a quick Google search with the keywords "Mello-Roos on Realty Times" Anybody looking to buy a home in South Orange County, or anywhere where there is a lot of construction newer than 1994, should definitely read this.

Lastly, Look for us again to appear in an upcoming section of the LA Times Career Builder Section where we will be answering some questions about first time home buying and the foreclosure market. It is scheduled to print Friday July 17th.

We're Looking For a Few Good Sellers

Believe it or not, even during this economy, we've got quite a few first time homebuyers who:

- have been personally qualified by us and our lender and
- who we can vouch for as being great people
- are frustrated with bank owned bidding wars
- and finally who are motivated and willing to pay market price for a home in the next 2 months

Here is what we are looking for:

Buyer #1 - FHA buyer approved for loan up to $300,000. Young couple willing to do major repairs looking for:

2-3 Bedroom Home in Fullerton, any condition, most neighborhoods, up to $315,000


Buyer #2 - 20% downpayment buyer approved for loan up to $380,000. Young couple willing to do some repairs looking for:

3-4 Bedroom Home in Fullerton, over 1200 sq feet, any condition, up to $380,000


Buyer #3

NOW A HOMEOWNER, CONGRATULATIONS ANDREA!!

Buyer #4 - 10% downpayment buyer approved for loan up to $300,000. Young couple looking for:

2-3 Bedroom Condo in NOC, over 900 sq feet, nicer community, up to $300,000 (10% down)

If you have a home that you are interested in possibly selling that might fit the above criteria, please let us know as soon as possible. This list is by no means the only buyers we have, it is merely representative of our 4 most active, motivated and qualified home buyers we are currently working with. You can rest assured that our buyers will not waste your time with unrealistic offers, inability to get a loan, or a lack of motivation. Thank you for your continued support.

If you have a home that doesn't fit the above description, you are considering selling it, and you'd like us to first check and see if we have a buyer for you, please feel free to call as well.

*To protect privacy, people pictured above are actors used for advertising purposes. The actual buyers do exist but prefer not to be pictured.

FOUST Team Listing Will Be Featured in LA Times

Just a quick heads up that one of our listings in the city of Whittier, CA will soon be featured in an upcoming article on real estate in the area. The listing is this 3 bedroom 2 bath 1800 square foot home in the popular Morningside community.





The author of the story should be Lauren Beale and we imagine the spotlight section should take place in the real estate section.



This is just another example of how a strong web presence pays big dividends in the current real estate market.

We'd like to thank the LA Times for featuring us and invite all interested parties to check out our Whittier real estate and Whittier homes for sale pages.

Sorrento Hills Neighborhood Review Now Up!

Here is the link to the Fullerton's Sorrento Hills Neighborhood Review and the Sorrento Hills Homes For Sale Pages.

And while we're at it, check out this great house for sale in Sorrento Hills -Fullerton, CA that we just had a price reduction on.

Let us know if you have any questions about this or any other piece of real estate.

If You Think You’re Facing Foreclosure, You Need To Understand the New California Law.

As a California real estate professional, my clients have been asking me quite a few questions about the new law that will take effect on May 21, 2009 involving extending foreclosure periods by 90 days.

Instead of explaining all of the legal mumbo-jumbo (and believe me there is a lot of it); let me take a few moments to explain the new law in easy-to-understand terms.

The first and most important thing to do if you’re facing a possible foreclosure situation is to check with your mortgage lender. The new law (extension of time) does not apply to lenders that currently offer a loan modification program.

The new law only applies to owner-occupied homes only where the first loan was recorded between January 1, 2003 and January 1, 2008. The new law will extend the time period before the filing of notice of sale by 90 days beyond the current three month period following the filing of the original notice of default.

In order for your lender to qualify for an exemption from this new law, your lender must offer a comprehensive loan modification program that includes the following features:

1. The program is intended to keep borrowers (you) in your home when the anticipated recovery period under a loan modification exceeds the recovery period through foreclosure on a net value present basis.

2. It targets a debt-to-income ratio of 38% or less.

3. It includes a combination of the following features:

· An interest rate reduction for at least five years
· An extension of loan term to no more than 40 years
· A deferral of some portion of the unpaid principal balance
· A reduction in principal
· Full compliance with a federally mandated loan modification program
· Seeks to achieve long-term sustainability for the borrower (you) when determining a loan modification solution.

Additionally it’s very important to understand that the following loans are exempted from the 90 day extension under the new law.

1. A loan made, purchased, serviced or used as collateral by a California State or local housing finance agency.

2. Loans where the borrower (you) has surrendered the property, contracted with an organization regarding how to extend the foreclosure process, or filed for bankruptcy and the case has not been closed or dismissed.

All of the provisions of this new law will be repealed on January 1st, 2011 unless the California Legislature extends them.

To learn more about the law or other real estate issues visit http://www.foustonline.com/
If you’re thinking of foreclosing or doing a short sale, please contact us. We will be glad to spend time answering all of your questions and helping you find the critical resources you will need during this challenging time.