4th Quarter 2011 Case-Shiller Housing index; Home Prices Worsening in Los Angeles…More Short Sales
Case-Shiller released the 4th quarter tracking on home prices. Los Angeles, while not a the top, certainly was showing now signs of home pricing rebounds...with an annualized decrease of almost 5% year over year and a 1 month decline of 1.5% from September "11...
This is Just Funny…Thanks Kevin! Bank of America Needs….Demands Your Help!
My Brother Kevin shared this with me today...times are getting tough at BofA... there stock closed at $5.56 today... that's about 57 cents away from a penny stock... Great laughs!
HUD Extends Waiver of Anti Flipping Rule to December 31,2012…More Short Sales!
Really...No surprise here. In an effort to stimulate sales and reduce housing inventory...the HUD extended it's "lift" of the ban on "Flipping"...the process of purchasing a home, fixing it up and selling it on the open market...sounds sill but yes...the Government...
Bank of America is Hosting 45 "Speak to Your Servicer" events in 2012…Short Sale, Rent and Buy Back?
Much needed and long awaited, BofA is stepping up and addressing the homeowners face to face in 45 scheduled meetings across the US. What's BofA's objective...probably to tell their homeowners that there is nothing they can do...but in a nice formal manner so...
Short Sale Questions…Kris & Kim Darney Answer What's HAFA
Kris and Kim Darney answer most frequently asked questions from homeowners that are considering a Short Sale. As of 2009 more than 11.3 million residential properties fell into negative equity. That equals 24% of all homes in America with a mortgage. Consider walking...
More on HAFA…Kris & Kim Darney Talk About Benefits to Home Owners Doing Short Sales
Kris and Kim Darney highlight HAFA….Home Affordable Foreclosure Alternative rolled out April 5th by our Treasury Department as an extension of HAMP….Home Affordable Modification Program. Some of the highlights of HAFA include an incentive of up to $3000 for relocation...
Jeff Lischer…NAR Representative Explains HAFA…Short Sales…See Kris & Kim Darney Blog
Kim and I are excited to run across this video on HAFA from Jeff Lischer, communications Representative for National Association of Realtors...Great Video...15 minutes...but worth it if you are in need fo assistance.
Correction…HAFA Does Help Home Owners with 2nd and 3rd Liens
In a Recent article in the Inland Valley Daily Bulletin...the article stated that home owners with 2nd liens will not be helped under HAFA... Actually...HAFA really comes to the rescue of the Home owner with 2nd liens...call us and we can talk about it.
Feds Help with HAFA…Kris & Kim Highlighted
Real estate specialist Kris Darney on Thursday walks through a Rancho Cucamonga home whose owners are hoping it will be purchased in a short sale instead of being lost to foreclosure. (Mediha Fejzagic DiMartino/Staff Photographer) Read...
CNBC Talks About HAFA…Short Video
Hafa and Short Sales...Short Sales are in the news!
Barney Frank Get's It…Support Him in His Efforts to Help Our Homeowners!
Congressman Barney Frank (Mass.) gets our kudos for taking the time to understand the misdeeds of the banks...2nd lien holders in this case. Congressman Frank is sending out an ultimatum to Bank of America, Citigroup, Wells Fargo and JP Morgan Chase. Mr. Frank is a...
Walking away from your home…Short Sales are an alternative
In some areas, you have a homeowner on either side of you that's in a situation of "negative equity." According to economists, it's not going to get any better for a while....How long will it be before the housing market bottoms out is up for interpretation. Let's say...
Old Video…Pre Short Sale Days
Man...this is old!
DiTech Closes Headquarters in Costa Mesa, CA
The one time behemouth DiTech...part of GMAC closed it's operation yesterday February 03, just as the Tresuary pumps another $3.8 billion into finaniciers open wounds. These cutbacks by parent GMAC are in an effort to reduce 300 postitions and balance out it's big...