Man Sentenced for Stockton Flipping Scheme

Posted by & filed under Foreclosures, Stockton Real Estate.

Iftikhar Ahmad received a 21-month prison sentence and was ordered by U.S. District Judge William B. Schubb to pay restitution of $382,750 and spend three years under supervision upon his release from prison. Ahmad bought up Stockton foreclosures often paying cash, then sold those same homes to fake buyers using false identities. The subprime loans […]

Stockton, CA, REO Stockton Home for Sale & Stockton Real Estate 3830 Estate Dr, Stockton, CA, 95209

Posted by & filed under Stockton Real Estate.

Download now or watch on posterous 3830 Estate Dr_Stockton_ CA_95209.mp4 (5358 KB) For information on this and all the Stockton homes for sale visit www.Homes-In-Stockton.com! REO located in 95209 Zip Code! Large 5 bedrooms, 4 full baths. Family room with fireplace. Kitchen with tile counters, dishwasher, and cook top. Backyard with covered patio fantastic for […]

Stockton Foreclosure Rates Decrease

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Download now or preview on posterous 09 30 10.pdf (27 KB) According to the Central Valley Business Times, CoreLogic reports foreclosure rates in Stockton decreased in July compared to a year earlier. Foreclosures among outstanding mortgage loans were 4.38 percent down from last year’s 5.42 percent. However foreclosures are still higher than the national average […]

Fannie Mae Retaliates Against Strategic Defaulters!

Posted by & filed under Foreclosures, Short Sales, Stockton Real Estate.

Download now or preview on posterous fannie-mae-intensifie.pdf (24 KB) Fannie Mae announced this week that it will pursue deficiencies in some cases of strategic defaults. It’s getting nasty! Make sure you discuss your potential short sale or foreclosure options with a real estate attorney. Your Home Team can walk you through the short sale process. […]

Stockton Homes for Sale & Stockton Real Estate, 330 Willow St Stockton CA 95203

Posted by & filed under Short Sales, Stockton Real Estate.

For information on this and all the Stockton homes for sale visit www.Homes-In-Stockton.com!  Charming UOP short sale in Stockton. Home is lined with decorative stained glass windows and custom cabinetry. Wood floors throughout. Kitchen with gas cooktop, dishwasher and double oven. Inside laundry area. French doors leading to the yard. Tons of character. Will not […]

More Central Valley Short Sales Expected as the Majority of Loan Modifications Fail

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Download now or preview on posterous Loan Mod Failures.pdf (97 KB) A recent AP story suggests that short sales and foreclosures are expected to increase as the number of loan medications fail. To date 27% of loan modifications have succeeded. If you have any questions regarding the short sale process or any real estate related […]

Are Loan Modifications and Short Sales Decreasing or Delaying Foreclosures?

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Download now or preview on posterous 06 16 10 Santa Clara.pdf (85 KB) Santa Clara County has seen an annual decline in foreclosure notices for the past consecutive six months. Yet, Foreclosure Radar reports that these types of declines don’t make any sense. They speculate that lenders may be holding on to the foreclosure inventory […]

Stockton Homes for Sale & Stockton Real Estate, 2316 Hydrangea Dr Stockton CA 95212

Posted by & filed under Short Sales, Stockton Real Estate.

Download now or watch on posterous 2316 Hydrangea Dr_Stockton_CA_95212.mp4 (5501 KB) For information on this and all the Stockton homes for sale visit www.Homes-In-Stockton.com!  Do not disturb tenants. Write offer subject to inspection.Adorable house with den/study and bedroom downstairs. Kitchen with granite counters and dining bar. Cute yard that requires little maintanence. This home is […]

Media Reports REOs Are On The Decrease But Up Over Last Year According To LPS

Posted by & filed under Foreclosures, Stockton Real Estate.

According to the Lender Processing Services (LPS) Mortgage Monitor report as of March 2010, over seven million mortgages in the US are in a REO status. In fact, REOs are at their highest numbers since 2008. The media reports that the REO levels are down from February 2010, and this is true, but according to […]

New Short Sale Rules Could Help Borrowers

Posted by & filed under Short Sales, Stockton Real Estate.

The new HAFA rules are not such a new topic of discussion, but they are new in practice since they only just went into effect this past month. Borrowers (sellers) who are considering a short sale should become well educated on HAMP, HAFA, the short sale process and what they all mean to their specific […]