Facing Foreclosure in Long Beach?

Shannon Featured Articles , Foreclosures , Short Sales

If you behind on your mortgage payments or facing foreclosure of your Long Beach home, you may be wondering what your options are. My team and I have worked with lots of homeowners in this situation. We’ve been able to help homeowners successfully avoid foreclosure even when the trustee sale was just around the corner. One of the first options that many homeowners explore is a loan modification. Sometimes, though, even if the bank agrees to reduce the payment, it’s not enough to reduce the financial stress on the homeowner. With negative equity, refinancing can be a challenge. Doing a …

Should I Walk Away From My Long Beach Home?

Shannon Featured Articles , Short Sales

Last weekend I met with a woman who was trying to decide what to do with a Long Beach home. Her uncle just passed away and as the trustee and executor, it’s her job to take care of the estate. Unfortunately, the primary asset is a home with no equity. The mortgage is current right now, and we discussed her options. She wondered whether she should attempt a short sale of the Long Beach home or simply walk away from the mortgage. What about other options? Certainly, the woman I met with this weekend is not alone. As the current housing …

Don’t Let Your Long Beach Home Get Foreclosed On Without Exploring Other Options!

Shannon Featured Articles , Short Sales

Earlier this month, we had some past clients who lost their Long Beach home to foreclosure. It was devastating for them and disappointing for us as well. We have helped dozens of Long Beach homeowners avoid foreclosure through short sales and we wanted to help them too. Unfortunately, it was too late. They waited too long to explore options other than foreclosure and the lender wouldn’t postpone the scheduled trustee sale. If you are behind on mortgage payments for your Long Beach home and don’t know what to do, I strongly encourage you to explore your options sooner rather than waiting! …

Another Short Sale Class? You Bet!

Shannon Featured Articles , Short Sales

Several years ago, as the Long Beach real estate market shifted, my business made a radical shift along with it. I went from doing all traditional sales to doing a lot of short sales. The first couple were tough. In one of our first underwater sales, we listed a Long Beach home for sale just three days before it was slated to go to trustee sale. I remember designing a flyer and sending out emails for a “72 Hour Sale!” Fortunately, I was able to secure an offer, get the bank to postpone the sale and successfully close the short sale. Whew! Since then, I’ve …

5 Tips for Buying A Short Sale

Shannon Buying a Home , Featured Articles , Short Sales

If you’re considering buying a short sale, you may have heard horror stories about buyers who’ve waited for months or even years only to find out they can’t buy the dream home they’ve been waiting for. That does happen. But if you understand the process and follow the five tips below from Long Beach short sale expert Shannon Jones, you may be able to save yourself some heartache and wasted time. First let’s review what a short sale is — it’s simply the sale of a home by an owner who is “short” on equity. Because they are “upside down,” they must …


3913 N Virginia Rd #210

Shannon Featured Properties , Long Beach Condos , Short Sales

SOLD! Two bedroom Virginia Country Club area condo has wood laminate floors, high ceilings with crown moldings, and a gas fireplace. Tucked in the rear of the complex, this unit has two private patios — one off the master bedroom and another off the dining room and second bedroom. You’ll love the features of this condo, from the cute kitchen with tiled counters and built-in microwave to the walk-in closet in the master bedroom to the in-unit laundry area with stackable washer/dryer hookups.  This complex has a common area with a swimming pool and spa (both currently undergoing renovation), along with …

Long Beach CA Short Sale Expert Offers Advice to Struggling Homeowners

Shannon Featured Articles , Foreclosures , Short Sales

If you or someone you know is considering a short sale of your Long Beach area home, it’s important to get all the facts. Many times when people fall behind their mortgage, they get bombarded with information and solicitations but aren’t sure where to turn. If you do nothing, the eventual result will probably be foreclosure, which could damage your credit and make it difficult to buy a home in the future. Unfortunately, there are a number of companies out there who prey on struggling homeowners. There are foreclosure alternatives you can pursue for free. Obtaining a loan modification on your …

2429 E 4th St

Shannon Featured Properties , Historic Homes , Real Estate , Rose Park , Rose Park Neighborhood , Short Sales

SOLD! This charming 3 bedroom Craftsman bungalow in the Rose Park South Historic District features a large living and dining room with hardwood floors, a master bedroom wih separate sitting area and a full master bath with clawfoot tub and separate shower.  There are 2 additional bedrooms and a 1/2 bath, an inside laundry area, a kitchen with tiled floors, and a den with French doors overlooking the large wood deck and back yard patio.  A detached garage with alley access and a gated driveway in the front provide plenty of off-street parking.This home is walking distance to the shops, …

810 Junipero, Long Beach

Shannon California , City of Long Beach , Featured Properties , Historic Homes , Long Beach , Real Estate , Rose Park , Rose Park Neighborhood , Short Sales

SOLD!  Craftsman bungalow in the Rose Park Historic District has three bedrooms, two bathrooms, a formal living and dining room, plus a huge family room that opens to a deck. The home features hardwood floors, a remodeled kitchen and a detached garage.  If you’re looking for a gigantic master bedroom and bathroom, this is your house. All it needs is a little TLC to make it shine! Property Map View Larger Map   Check out other great listings in this same area! Rose Park Homes for Sale

3927 Gardenia Ave, Long Beach

Shannon Buying a Home , California , Featured Properties , Long Beach , Real Estate , Short Sales

SOLD!  This charming, spacious 2 bedroom home is conveniently located in the Bixby Terrace area of Long Beach.  It features a large living room with a fireplace, and a large formal dining room with direct kitchen access. The eat-in kitchen features tile counters, dishwasher, and a dining area. Both bedrooms have ceiling fans and one has hardwood floors.  The large bath has tiled counters and floors, with a separate tub and shower. There is a detached 2 car garage with alley access and an automatic opener, and an attached bonus room just off the garage. The back yard has a …