Category Archives: Foreclosure

Foreclosures, is it that bad in Sonoma County?

Posted on December 4, 2011 by Mirjam

Following the news headlines might give you the impression that every home that is being sold right now is in foreclosure… As this might be the case in certain areas, this is not the case in Sonoma County. To give … Continue reading →

Posted in Buyers, Foreclosure, RE by the numbers, Sellers, Short Sale, Sonoma County info | Tagged , , , | Leave a comment

Deficiency: shortage, deficit… or paying back what you owe…

Posted on November 27, 2011 by Mirjam

The majority of people who buy a home need a mortgage or a loan. The home is yours, you pay the mortgage back over the life of the loan. When you sell the home you pay off the remainder of … Continue reading →

Posted in Foreclosure, HAFA, Mortgage, Sellers, Short Sale, Sonoma County info | Tagged | Leave a comment

Short Sales… and how about Tax Liens?

Posted on July 10, 2011 by Mirjam

When a person/business does not pay taxes the IRS can put a lien on a house. A contractor can do the same by the way, it’s called a mechanic lien. When a homeowner wants to avoid a foreclosure and do … Continue reading →

Posted in Foreclosure, Sellers, Short Sale, Sonoma County info | Leave a comment

60% of all Foreclosed Homeowners….

Posted on April 10, 2011 by Mirjam

On March 29th, Alex Charfen from the CDPE Institute did a webinar with Rick Sharga from RealtyTrac – the leading online market place for foreclosed properties. Besides the fact that foreclosure activity has increased on a year-over-year basis for 52 … Continue reading →

Posted in Foreclosure, HAFA, Making Home Affordable, Short Sale, Sonoma County info | Leave a comment

Buyers… and Sellers

Posted on March 27, 2011 by Mirjam

Statement for today: when you as a buyer are frustrated with the seller or the sales process, please keep in mind: it’s most likely not your intention to create a life long friendship with that seller, you are interested in … Continue reading →

Posted in Buyers, Foreclosure, Sellers, Short Sale, Sonoma County info | Leave a comment

Short Sales and every changing guidelines

Posted on January 9, 2011 by Mirjam

This week there were 2 interesting updates: BofA is going to announce a major change in the way they work with agents. They are changing their systems to approve short sales within 2 weeks of an offer. Currently I am … Continue reading →

Posted in Foreclosure, HAFA, Making Home Affordable, Sellers, Short Sale, Visit WineCountry, Wine Tasting | 1 Comment

Foreclosures… How is our market?

Posted on December 12, 2010 by Mirjam

Only articles with spectacular-read bad news- titles sell. Quite often the perception is that every home sold is a foreclosure or a shortsale.  Our MLS keeps track of this and guess what??? In 2010 in Sonoma County,  about 50% of … Continue reading →

Posted in Buyers, Economy, Foreclosure, Sellers, Short Sale, Sonoma County info, Visit WineCountry | 1 Comment

Short Sale Process Time Line – BofA

Posted on November 14, 2010 by Mirjam

Posted in Buyers, Foreclosure, Sellers, Short Sale | 7 Comments

Reverse Mortgage – a way to foreclosure proof your house.

Posted on November 7, 2010 by Mirjam

A few days ago I had coffee with David Carter, he is a reverse mortgage specialist at BofA. When I initially heard about reverse mortgage I thought is was some sort of a scam… I was wrong. As with any … Continue reading →

Posted in Aging in Place, Foreclosure, Mortgage, Retirement, Reversed Mortgage, Sonoma County info, Visit WineCountry, Wine Tasting, Winery with picnic place | 10 Comments

Judicial or Non-Judicial Foreclosure?

Posted on October 24, 2010 by Mirjam

OK, all the articles in the papers about home owners in foreclosure, in some states the whole process takes about 2 years minimal while in other states like California, it takes 3 months and 3 weeks minimal. It is relatively … Continue reading →

Posted in Foreclosure, Short Sale | 1 Comment