Madeleine Drake

Agent Details

About Madeleine

Specialize in residential real estate sales, representing both sellers and buyers - Sales figures exceed $500,000,000 in the South Bay area of Los Angeles county - Represented clients in transactions throughout Los Angeles, Orange, Riverside, San Bernardino and Ventura counties - Train and supervise sales agents o Disclosure education and compliance o Contract and escrow compliance o Law and ordinance changes and updates o Use of technology o California DRE education requirements and license updates Short Sales Extensive experience working as the listing agent for clients seeking a short pay option from their lender. Assist client in preparation and presentation of financial statements and hardship letters. Worked with the loss mitigation departments of several lenders including: GreenPoint Mortgage Funding Corp. Household Finance Wells Fargo Bank Aurora Financial Services GMAC REOs From 1995 to 2003 was a sub-contractor to Wilcoxin Realty and Northwest Bank Minnesota Trust Corp. selling REOs in the South Bay area of Los Angeles. Acted as listing agent on forty-eight transactions. Additionally, handled the cleaning and rehabilitation of the listed properties. Some of the banks represented were: - Ohio Savings and Loan - Household Finance - First Midwest Bank - Home Savings & Loan - Glendale Federal Savings HUD approved Housing Counselor - Loss Mitigation - Home Ownership Los Angeles Housing Department Worked with more than 50 low and moderate income buyers to find qualified properties and secure financing. Assisted buyers through the application process with the Los Angeles (City) Housing Department, which enabled these buyers to secure deferred interest loans for down payments, closing costs and property rehabilitation. Worked with the following lenders: - Countrywide Home Loans - Downey Savings and Loan - JP Morgan Chase - Chase Home Finance - Citibank - National City Mortgage Probate Extensive experience selling probate property. Work with several attorneys in Los Angeles, Riverside and Orange counties. Handle the transaction from taking the listing to actual court approval of sale. EDUCATION & TRAINING San Diego State University- Bachelor of Arts University of California Los Angeles (UCLA) - Masters of Fine Arts California Real Estate Brokers License # 0123107

Specialties