Category Archives: Foreclosure

Judicial or Non-Judicial Foreclosure?

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

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Loan Modification, just in name?

Do you know people  who have been living in their house for a few years now without paying their mortgage? Wondering when something is going to happen? Well I see the trend changing. Recently I have been talking to home … Continue reading

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A short sale is a dignified solution…

With   millions of homeowners struggling to pay their mortgages, you or someone you know may need the best information on what steps to take next. Before deciding this, it’s important to understand the consequences of and alternatives to foreclosure. … Continue reading

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Wondering why a loan modification is so dificult?

This was earlier this week on Inman’s website: “Nearly half of the 1.3 million homeowners who have accepted loan modifications under the Home Affordable Modification Program have washed out of the program, according to the latest report from the Treasury … Continue reading

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Numbers in Sonoma County

With all the focus in the news about Short Sales, foreclosures, bankruptcy, it might feel that these are the only properties out there. Just sharing with you the local sales numbers in Sonoma County as of 5 minutes ago, all … Continue reading

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Strategic Short Sales

Alex Charfen made a great blog posting this morning.Everyone keeps talking about strategic foreclosures… I don’t think there is anything strategic about a foreclosure, you just let it happen. Some articles mention that it takes 3 years to be foreclosed on… yes, … Continue reading

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Walking away from your house?

Jamie Lee More wrote a great blog today. Should a home owner who is underwater on their house walk away/do a strategic foreclosure. This means a homeowners is able to keep up their payments however doesn’t want to because their … Continue reading

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C.A.R. Mortgage update from this morning…

Just wanted to share this information… great info for buyers! Fannie Mae and Freddie Mac are offering financing incentives for buyers of foreclosed homes owned by Fannie and Freddie.  Home buyers have until Oct. 30 to apply for Freddie Mac’s … Continue reading

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LOAN MODIFICATION ATTORNEYS UNDER INVESTIGATION

This came in my email news feed today: Brought to you by the CALIFORNIA ASSOCIATION OF REALTORS® The State Bar of California has recently launched numerous investigations against attorneys for misconduct related to loan modifications.  In a rare move, the … Continue reading

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Rental Scam Advisory from our local MLS®

Yesterday we received a ‘Red Alert’ email from our local MLS board about the Rental Scam on Listed properties. The PressDemocrat had an interesting article about the subject earlier this week. There is a rental scam taking place in which … Continue reading

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