There was been much speculation regarding the extension of the tax relief for Central Valley distressed homeowners beyond the December 31st expiration date. Everything I read indicates that an extension is expected but given the turmoil in D.C. no one knows for sure. I discussed the situation with my accountant and he pointed out that […]
Posts Tagged: Short Sale Agent
New California Short Sale Deficiency Law
As of January 1, 2011, the first position lender will not be permitted to obtain a deficiency judgment against the seller after a short sale. The short sale approval letter and acceptance of the funds will constitute payment in full and discharge of the deficiency. However, these new changes will not apply to refinanced loans. […]
Understanding Deficiency Clauses
Recently a seller let an approved short sale go to foreclosure over a deficiency clause. This is a situation where everybody loses, the seller, the buyer, their agents, the servicers and the lenders all who spend their time and money to negotiate the approval. All wasted over two little sentences. “BAC Home Loans Servicing, LP […]
California DRE Reports Increased Mortgage Fraud
Download now or preview on posterous 09 13 10.pdf (17 KB) The California Department of Real Estate and the Department of Financial Institutions are warning about increased reports of short-sale mortgage fraud activity. Some of the fraud related activity includes short-sale negotiators requiring buyers to pay their fee, fees being paid outside of escrow and […]
Stockton, CA, Short Sale Stockton Home for Sale & Stockton Real Estate, 3026 English Oak Cir, Stockton, CA, 95209.
Download now or watch on posterous 3026 English Oak Cir_Stockton_CA_95209.mp4 (5699 KB) For information on this and all the Stockton homes for sale visit www.Homes-In-Stockton.com! Nice Stockton Short Sale! Well cared for home in gated community. Large corner lot. Priced to sell. Kitchen with tile counters and dining bar. Low maintenance yards. Posted via email […]
GREAT Stockton Short Sale Homes for Sale in the 95219 Zip Code
The following Stockton Short Sales are available in the 95219 zip code. Call 209-471-6516 for a private showing and visit Homes-In-Stockton.com for details! Address List Price 3219 Mill Springs Dr Stockton, CA 95219 $ 105,000 3602 Stone River Cir Stockton, CA 95219 $ 120,000 7023 Germanna Ct Stockton, CA 95219 $ 125,000 3283 Amberfield Cir […]
Stockton, CA, Short Sale Stockton Home for Sale & Stockton Real Estate, 3440 Heatherbrook Dr, Stockton, CA, 95219
Download now or watch on posterous 3440 Heatherbrook Dr_Stockton_CA_95219.mp4 (11011 KB) For information on this and all the Stockton homes for sale visit www.Homes-In-Stockton.com! Great Stockton Short Sale! Updated kitchen with granite counters and stainless appliances. Custom Paint and tile. Family Room with fireplace and french doors. Formal Dining with crown moulding throughout. Stamped concrete […]