by Admin | Mar 18, 2009 | Frequently Asked Q&A about Short Sales, Government Bills, Regulations and other news affecting
The answer is maybe. President GW Bush signed The Mortgage Debt Relief Act of 2007. The act may be utilized by a homeowner with financial hardship selling his/her primary residence under a Real Estate Short Sale. In essence, under this Act, the seller will not be... by Admin | Mar 18, 2009 | Advice on Selling with No Equity in Southern California, Bank of America, Countrywide, Government Bills, Regulations and other news affecting, How to Choose a Real Estate Agent when doing a Short Sale, Loan Modifications, Short Sales Stop Foreclosure, Understand Obama's Help for Homeowners
If your living in California and are a homeowner the odds are pretty high that your equity has decreased. Riverside and San Bernardino County…( The Inland Empire ) is devastated with property values declining 50% and higher. The decline in home values are down... by Admin | Mar 13, 2009 | American Home Mortgage, Bank Negotiations and Short Sales in Southern California, Bank of America, Countrywide, Loan Modifications, Short Sales Stop Foreclosure
In a recent release by Foreclosure Radar, the average California home in the deafault process had a mortgage value exceeding $200,000 of Current Market Value (CMV) for the month of February 2009. A 189% increase in negative equity year over year. Also released in... by Admin | Mar 6, 2009 | Advice on Selling with No Equity in Southern California, American Home Mortgage, Bank Negotiations and Short Sales in Southern California, Countrywide, Government Bills, Regulations and other news affecting, Loan Modifications, Short Sales Stop Foreclosure
Mr. Obama has been given the daunting task of reviving the nations economy. The main concerns on most Americans minds is that of the precipitous position of their mortgage and home values. In an effort to pacify his constituents, Mr. Obama rolled out the Home... by Admin | Mar 4, 2009 | Bank Negotiations and Short Sales in Southern California, Bank of America, Countrywide, Government Bills, Regulations and other news affecting, Loan Modifications
It’s here, we have all been waiting to find out what will be offered to help cure our bleeding housing market. President Obama’s plan is much stronger than I had anticipated. In summary, there are several components in place to help those families in a...
