by Admin | Mar 4, 2009 | Government Bills, Regulations and other news affecting, Loan Modifications, Short Sales Stop Foreclosure, Understand Obama's Help for Homeowners
Mr. Obama has rolled out his new plan to help homeowners. Check it out! Direct Link to Mr. Obama’s Plan via The Department of The Treasury Read the Q&A’s for a broad-stroke understanding. More to come! Kris... by Admin | Feb 25, 2009 | Advice on Selling with No Equity in Southern California, Bank Negotiations and Short Sales in Southern California, Bank of America, Countrywide
It’s starting to get harder, and more expensive to get extra time to get extensions on Short Sales… Most of the time lenders allow about 30 days to close once they issue an approval, and that’s not very long considering all of the hoops a buyer has... by Admin | Feb 25, 2009 | Loan Modifications, Short Sales Stop Foreclosure
I’ve been reading in detail the “Homeowner Affordability and Stability Plan”. One thing for sure, nothing is really for sure! So much is left up to lender discretion, I was hoping to see “mandatory principal balance” redutions in areas... by Admin | Feb 19, 2009 | Government Bills, Regulations and other news affecting, Short Sales Stop Foreclosure
After reading through President Obama’s latest package Homeowner Affordability and Stability Plan, it appears to be a good for the time being… Allows for refinancing of your Fannie Mae or Freddie Mac loans even if your upside down. Incentivizes lenders... by Admin | Feb 5, 2009 | Advice on Selling with No Equity in Southern California, Bank Negotiations and Short Sales in Southern California, How to Choose a Real Estate Agent when doing a Short Sale, Short Sales Stop Foreclosure
Short Sales for 2008 hit an all-time high in Arizona, Nevada, California and Florida. Home Values Plummet $2 Trillion in 2008 With a rising number of adjustable-rate mortgages on the verge of resetting, continued economic instability and plummeting housing values, the...
