MorminoBlog: Frequently asked question...

MorminoBlog: Frequently asked question...: "I was asked several times in the last few days by different clients and visitors to an Open House I held as to the difference between a 'Sho..."

Frequently asked question...

I was asked several times in the last few days by different clients and visitors to an Open House I held as to the difference between a "Short Sale," a "Foreclosure" and and "REO" (and no, not meaning the 70's band!).
Very simply...

“A short sale occurs when the lender agrees to take less than the full loan payoff of an owner’s property. The homeowner is most likely behind on payments and owing more than the home is worth.

Foreclosure is where the bank takes possession of the property because of non-payment for a long period of time or an unapproved short sale.

An REO is a bank-owned property (“real-estate owned”), when homes go into foreclosure they are sold at a trustee sale, if no one purchases it at the trustee sale, they become REO properties. Later they are often listed by Realtors hired by the bank.”

Hope that clears things up.  If there are any other questions anybody has, do not hesitate to contact me!

Website for newest listing...

New website is ups and running fro my great new listing!  Very excited to have the opportunity to work with such a great property!
Here it is...www.24579Calvert.com

BRAND NEW LISTING IN WOODLAND HILLS

Awesome new listing in Woodland Hills on the way!
More info to come tomorrow.
In the meantime, here is a description:
Breathtaking. 
The only word that fits this stunning property. 
Step through the unassuming front door into a world that combines
Tuscan elegance with all the best Southern California has to offer.
The gleaming  wood floors lead you to pure magic!  
The kitchen is truly a chef's dream.
Designed by Michael Payne and featured on Designing for the Sexes on the Home and Garden Channel, it features gorgeous granite counter tops with custom cabinetry, 
a DCS 6 burner stove with convection oven,
Kitchen Aid appliances and specially designed lighting.
The Family room has a rustic fireplace ideal for all your entertainment needs.
The distinctive iron railing leads you upstairs to five glorious bedrooms with ceiling fans,
new closet doors (some with organizers).  Step into the Master Bedroom (featuring a huge walk-in closet) and gaze out at the magnificent view. 
Last but not least,  relax and entertain in your very private backyard,
with a built-in BBQ, a grey-bottomed pool, an above ground spa, and a view that is unparalleled!
Minutes from the 101, shopping and ward winning schools,
This is not just a home, it is a way of  life.

Incredible California Vacation Hotel!!!!!!

Visited this most magical hotel for my birthday weekend and definitely want to share it with everyone.  Each of the 109 rooms are a different theme (we stayed in the Jungle Rock room), and one is more incredible than the next!  The grounds are spectacular, the restaurants are beautiful (and delicious), everything is immaculate, and even the drive up there is whimsical (complete with cows, horses, sheep, and endless beauty!).  It's also only 45 minutes from the Hearst Castle, which is also a site to behold.  The website for the hotel is http://www.madonnainn.com/.  Check it out, and hope you get a chance to go!!!

A special day!

A special day today...

47 years ago today I was placed in my parents arms to begin this wacky, crazy, fun, and exciting journey called life.  I realize today every single day has led me to to this moment that is now, and how lucky I am to be where I am at.  Thank you to everyone who has made my life what it is...(and of course, had to include a pic of the three greatest gifts I have ever been given)!  Fun day ahead...will update everyone when I can!!!!! (...and side note, stay tuned for informative blogs as well regarding real estate, etc...but for now, it's all about birthday fun!!!!)

Beautiful listing I have in Oak Park...

Magical Oak Park home on breathtaking cul-de-sac in incredible neighborhood! Walking distance to a great park, hiking trails and award winning schools! White picket fence surrounds beautiful landscaped pool-sized yard. Walk through the front doors into a home filled with abundant sunshine, complete with gleaming solid wood floors. Sit by the beautiful fireplace in the warm inviting family room. Spacious master bedroom with great walk-in closet. Jack-and-Jill bathroom between two wonderful bedrooms. Choose the location of your next meal in the formal dining room or dining area in kitchen overlooking spacious beautiful backyard. Stainless steel appliances and custom entertainment unit are two of many highlights this home has to offer. This property exudes charm and warmth inside and out! Shoot me an email or call me with any questions, comments, or thoughts!!!!!

A gorgeous day in Beverly Hills...!

Found myself strolling through Beverly Hills to meet an attorney friend (and fellow Chicagoan) for lunch.  I was literally stopped in my tracks at how beautiful the weather is and how lucky I am to live in SoCal.  Even after being here for 21 years, I am still in awe of the sunshine, the palm trees, and the privilege to live here surrounded by such beauty.  Topped it off by driving home down PCH with the top down and the sun setting.  Sheer bliss! PS.  Sorry to all in Chicago who are getting blasted by Blizzard/2011.  Once O'Hare thaws out (sometime in July), you're all more than welcome to come to Southern Califonia!!!

Welcome to my Blog!

A grateful welcome to my blog (and according to many, a long time coming!).
I’ll share with you moment’s I cherish with my family, interesting real estate info, and of course, experiences and thoughts I hope to enlighten and entertain.  Regardless, of what you read, I hope you enjoy it all!