Short Sales and Foreclosures Expected To Push Home Prices Down Before Years End
Not surprising news...Home prices will most likely continue to decline before the end of this year due to the increased homes on the market, pending foreclosures and more Short Sales. If your looking to rent, be ready to join the masses that are looking with you to do...
FTC is Sending Checks to Over 450,000 Countrywide Clients…Are you Getting Yours?
The FTC is sending out 450.000+ checks for a whopping $240...yes...$240. The FTC is mailing out 450,177 checks worth nearly $108 million to homeowners who were allegedly overcharged by former mortgage giant Countrywide. Unfortunately, that means...
Did You Pay Too Much for Your Short Sale Purchase? Likely…Yes!
With prices projected to drop another 15%+ over the next year...the likely hood is that if you purchased a home in the last few years...you paid too much. This post by Zillow gives specifics as to the amounts over paid by today's home buyers. If your a...
Homeowners That Can Are Refinancing To Remodel…Those Who Can't Are Short Sales.
Hope for Homeowners (H4H) implemented on Oct. 1, Guidlines are stiff!
Here is some great information that I located that will explain the very detailed rules and restrictions that support the Hope for Homeowners initiative that kicked off at the first of October. If you are trying to keep your home and reduce your payments. This program...
Must READ! Foreclosed Home Sold At Auction….$115,000 Less Than Offer Lender Rejected???
If you follow our blogs, one of my recent posts " In the business to foreclose...ask Ryan" told of a loan servicing company that declined to order a bpo on a property due to the fact they had done their own appraisal months prior to the offer we had provided them....
Heather Shares Her Experience Of Short Selling Her Home
Meet Glenn and Rose our new neighbors….
The Subprime Boom….then Bust. Short Sale Anyone?
I found some great information on a blog post today from the OC Register. The story was focused on the Orange County area, but clearly shows the degree and areas that were hard hit with unsavory loans in the Inland Empire. The loans that shook the financial world...
Can I live in my home while I'm Short Selling it, even though I'm not making the payments?
Today I was talking to a fellow that called me to find out about how a Short Sale works. I realized after talking with him for nearly an hour that there are a lot of people (real estate agents) that give out conflicting and incorrect information. I don't believe...
California Loan Holders could see some relief with Countrywide
It appears that their is something coming to California Homeowners that have Counrywide loans. We will find out more today concerning the specifics. We will keep you posted. Countrywide mortgage pact may be worth $3.5 billion to California loan holders Bank of America...
In Business To Foreclose? Ask Ryan…Option One are you aware of this?
This is for our clients...you have been wonderful to work with! Thanks for letting us share. Like most of our clients, the ***** family were no longer able to make their mortgage payments. Their home had a sale date set in less than two weeks from them contacting us....
Bail Out Plan for Homeowners…Really?
It’s being called a rescue package for our financial system. Obvious goal is to slow down the foreclosures. Keep people in their homes….Let’s take a look at the specifics of this $700 Billion “rescue Package”. How does the bailout plan help homeowners facing...
HOPE for Homeowners-Foreclosure Prevention Act of 2008
Important Information about Title IV of H.R. 3221 Foreclosure Prevention Act of 2008 - HOPE for Homeowners For many homeowners the dream of owning a home has become a nightmare. An option that has received a lot of attention is the FHA Housing recovery bill of 2008....