by Admin | May 11, 2009 | American Home Mortgage, Bank Negotiations and Short Sales in Southern California, Bank of America, Countrywide, Loan Modifications, Understand Obama's Help for Homeowners
After dozens of submissions for Loan Modifications for our friends and family…as well as our clients, we can confirm this…. In our experience, a loan modification is either Granted or Denied. The terms of the loan modification are solely up to the... by Admin | May 6, 2009 | Success Stories
This is a great motivational video…a short 6 minutes…but praiseworthy. As agents we’re faced with “Peaks and Valleys.” It’s how you address the steep climbs when your in the valley’s that tests our reserve. Challenge yourself... by Admin | May 5, 2009 | Uncategorized
Victorville, CA… Kim and I have 2 short sale listings next to this catastrophe’. Price drops have hit as much as 65% from their 2006 highs. Despite the rhetoric coming from Washington’s talking heads, we still have 2 to 4 years of this devastation... by Admin | Apr 27, 2009 | Advice on Selling with No Equity in Southern California, Bank Negotiations and Short Sales in Southern California, Bank of America, Countrywide, Frequently Asked Q&A about Short Sales, How to Choose a Real Estate Agent when doing a Short Sale, Pre Foreclosure, Short Sales Stop Foreclosure, Short Sales, Foreclosures,Current Events, Understand Obama's Help for Homeowners
In an article released today, Bank of America is easing their policy to accept no less than 10% on HELOCs and 2nd mortgages. The new policy is reducing the payoff amount to 5% for a short sale. A majority (77%) of California foreclosures carry HELOCs and 2nd... by Admin | Apr 23, 2009 | Government Bills, Regulations and other news affecting, Pre Foreclosure, Understand Obama's Help for Homeowners
According to MDA Datequick statistics (Monitors Real Estate Activity), 135,431 NOD’s sent to California homeowners in 1st quarter of 2009…up 80 percent from 4th quarter 2008. What changed? Banks sat on their hands while the government restricted...
