Bank of America to pay homeowners more for short sales

Bank of America launched a new short sale program that could pay distressed homeowners between $2,500 and $30,000 in relocation assistance.

Qualified homeowners who initiate a short sale without an offer could be eligible to receive $2,500 to $30,000 in relocation assistance and owe no more on their mortgage with the sale of their property.

The new program requires a borrower to work with the bank to obtain a preapproved sales price before submitting a purchase offer. To qualify for the program, a short sale offer must be submitted by the end of 2012 and close by Sept. 26, 2013.

“This program can help customers make a planned transition from ownership when home retention options have been exhausted or they have made a decision not to keep the home,” said Bob Hora, executive of home transition services for BofA.

721 W Pebble Beach Ave | Open House Sat 5/19 from 1-3 pm

Spectacular home at an unbelievable price! Unobstructed panoramic city light and mountain views! Located in the highly sought after and gated Westhills community, this home’s bright and spacious floor plan offers 5 bedrooms, inclusive a main floor bedroom and bath, formal living and dining area, and a beautiful isle kitchen which opens to the spacious family room complete with fireplace and fabulous views!  Newly updated with gorgeous neutral paint colors, plush carpet, gleaming hardwood floors and all new lighting fixtures & hardware throughout. Upstairs is the luxurious master suite featuring vaulted ceilings, expansive walk in closet, spacious bath arena with jetted tub, and private balcony where you can relax and enjoy the breathtaking views.  Step outside to discover the wonderful yard framed with soaring palm trees and boasting covered and uncovered dining patios as well as lush lawn areas.  This property is not to be missed!

Aaron & Margaret Brotsky

The Geronsins did something that two other listing agents could not do, they sold our house within a remarkably short time frame. Due to their extraordinary marketing skills, they brought more potential buyers into our home within 2 weeks than the two previous agents combined. We applaud their expertise, professionalism, and knowledge of the Old Bridge Community. After several “bad” experiences with realtors, we are grateful we finally connected with The Geronsins. We will always use them for our real estate needs. It was a pleasure!

523 Normandy Avenue, Placentia

Wonderful home nestled on a corner lot in a prime Placentia neighborhood.  With 3,000 sq ft of open and spacious living, this residence features a 2 story entry with granite floors and gorgeous leaded glass window, formal living room with fireplace, family kitchen with granite counters, main floor office with French doors and 2 car garage. Expansive family room with fireplace and formal dining room with full entertainer’s bar provide the perfect gathering place for friends and family.  Upstairs you’ll find three spacious secondary bedrooms, one with private balcony, and a master suite complete with double door entry and dual closets.  Step outside to discover the serene garden nicely shaded from the extensive mature trees.  Relax with family and friends beneath the covered dining patio or around the pool.  Ideally located blocks from schools, shopping and restaurants, this home has the location and square footage you have been waiting for!

The Ferguson Family

The Geronsins have sold our last two homes and in both cases for more than we expected.  The team is a smooth running machine that gets results and in this difficult time to sell property, they got the job done. They sold our last home in three months and this was over the holiday period.

270 S Old Bridge Road, Anaheim Hills

Situated in one of Orange County’s finest neighborhoods, this stunning 3,600 sq ft home features a grand entry with sweeping staircase, formal dining room with trey ceiling, office/library, 5 bedrooms inclusive of a main floor suite, and 4.5 bathrooms. Travertine and rich wood floors provide warmth and set the stage for this wonderful residence which boasts cathedral ceilings throughout, bay windows, and remodeled bathrooms with espresso cabinets and granite countertops.  The kitchen comes complete with large island, greenhouse window, breakfast area, and updated appliances.  Retreat to the spacious master suite which boasts a fireplace, private balcony, dual walk-in closets and gorgeous bathroom arena with travertine shower and jetted tub.   A dining patio surrounded with two expansive lawn areas provides a relaxed outdoor living space perfect for family gatherings or entertaining guests.

825 S Country Glen Way, Anaheim Hills

Immaculate and perfectly updated home nestled on a serene cul-de-sac street in Anaheim Hills. This 2,341 sq ft model perfect residence boasts the views, location and floor plan you have been waiting for! Open floor plan features a dramatic two story living room with expansive windows and gorgeous slate stone fireplace, formal dining room with adjacent bar, spacious kitchen with center island, and main floor bedroom with gorgeous hardwood floors. Upstairs is a large bedroom suite with private balcony and the wonderful master suite with walk-in closet, dual vanities and jetted tub. Enjoy the city light views while entertaining in the tropical yard boasting covered dining patio, putting green, barbecue center, and custom rock spa with waterfall. Two car garage with epoxy flooring and custom cabinets complete this must see Executive home.

514 S Peralta Hills Drive, Anaheim Hills

Car collectors dream home features 2,500 sq ft of garage space with 12′ high ceilings plus room for a 42′ RV. Soaring palm trees and tropical landscaping create a wonderful resort like atmosphere and provide total privacy for this gated single level home tucked away on  a corner lot in Peralta Hills. Completely rebuilt from the ground up in 1994 with 4,500 square feet of open and relaxed living spaces, large 800 square foot guest house, and dual garages.  Travertine floors, designer carpet, tray ceiling, crown moldings and skylights are but a few of the amenities that bring warmth and a sense of tranquility to this wonderful space. Vaulted ceilings and large skylight provide gorgeous natural lighting to the chef’s kitchen complete with all new top of the line stainless steel appliances, granite counters, greenhouse window and center island with additional prep sink.  The master suite provides the ultimate escape and features a sitting room, fireplace, patio and expansive spa like bath with jetted tub and two person walk-in shower.  Step outdoors to discover the ideal grounds for entertaining family and friends while relaxing around the pool/spa, barbecue center or lush lawn area.  Don’t miss this opportunity to reside in one of the best neighborhoods of Anaheim Hills.

28580 Brush Canyon Drive, Yorba Linda

Located in a highly desirable neighborhood of Yorba Linda with hillside views, this 2,500 sq ft home features a spacious living room with soaring ceilings and extensive windows, formal dining room, family room with lovely fireplace, and 3 car garage.  The large kitchen opens to the family room and offers a breakfast bar, breakfast nook and walk-in pantry.   Four spacious bedrooms include a main level bedroom and an upstairs master suite with double door entry, vaulted ceilings, walk-in closet, deep soaking tub and dual vanities.  Outdoors is large yard complete with pool, pergola covered dining patio and plenty of grassy lawn perfect for relaxing with family and friends.  Don’t miss this home ideally located near parks, hiking, biking, horse trails and within the new Yorba Linda High School district.

40 Tamarac Place

Pristine end carriage unit located in the highly desirable gated community of Windflower. Light and bright, this home offers a great room concept style of living with a spacious living room complete with fireplace, open kitchen and dining room with ease of access to the oversized balcony.  Unwind in the spacious master suite which boasts vaulted ceilings, large walk-in closet and his and hers vanities.  Additional amenities include hardwood floors, plush carpeting, ceiling fans, window blinds, and neutral color palette throughout.  Attached one car garage  with laundry niche and one additional covered space. Don’t miss this fabulous residence ideally located steps to the community pool and tot lot, within walking distance to Aliso Viejo Town Center and with close access to the 241 toll road, bike trails, and Soka University.