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Welcome
Marilyn Bell Realty is a full service real estate firm specializing in traditional sales, refinancing, short sales, reverse mortgages, loan modifications, and BPO’s (Broker Price Opinion). We are headquartered in Los Angeles, conveniently near LAX. Our mission is simple-We build partnerships for life by exceeding our clients’ expectations.
The current real estate market is challenging. Our team of qualified, loan officers, agents and housing counselors will alleviate the stress of solving your real estate needs. The bottom line is we don’t give up. We will keep working until your transaction is complete.
Our team has a strong work ethic and we are honest. We believe in educating ourselves daily to stay up to date on the changing housing market. Marilyn Bell Realty invites experienced real estate brokers, loan officers and sales agents to join our leading team. We are Fannie Mae and FHA approved.
We specialize is the following:
- Traditional Sales
- The purchase or sale of residential real property through which a buyer and seller agree to the terms of the sale. We explore all avenues to market your property for maximum exposure.
- Refinancing
- New loan types: Conforming- jumbo loans. As rates remain historically low, homeowners who were once capped off at $417,000 are now privy to new conforming jumbo loans. For example, Los Angeles County conforming jumbo limit is $729,750. This temporary conforming increase will last until the end of this year. The new loan limits will help an additional 138,000 Americans become homeowners and an additional 200,000 refinance. Marilyn Bell Realty is Fannie Mae and FHA approved.
- Short Sales/Short Pays
- A short sale occurs when a property is sold and the lender agrees to accept less than the total amount due, also known as a discounted payoff. We understand the challenges of a short sale and work with the lender, seller and buyer to ensure all due diligence has been performed to close.
- Reverse Mortgages
- A reverse mortgage enables older homeowners (62+) to convert part of the equity in their homes into tax-free income without having to sell the home, give up the title, or take on a new monthly mortgage payment. The reverse mortgage is aptly named because the payment stream is “reversed.” Instead of making monthly payments to a lender, as with a regular mortgage, a lender makes payments to you. Marilyn Bell Realty uses esteemed lenders such as IndyMac Bank and Countrywide to deliver a safe and informed Reverse Mortgage product.
- Loan Modification
- A loan modification is a permanent or temporary change in one or more of the terms of a mortgagor's loan, allows the loan to be reinstated, and results in a payment the mortgagor can afford. We follow through on the necessary components for a loan modification to get you into an affordable payment option.
- Broker Price Opinion (BPO)
- Broker’s Price Opinion (BPO) is a method used by financial institutions to submit an estimate for the value of a real estate property/ house. The estimate of value is submitted in a BPO report that includes local and regional Real Estate market information, neighborhood analysis, and properties that compare to the house that is being valued. Marilyn Bell Realty works with leading lenders to provide accurate BPO’s in a timely fashion.
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