Category Archives: Foreclosure

Your Check Is In The Mail!

There is a possibility that you may be receiving a check in the mail as “Compensation” from the banks for a short sale, denial of loan modification, foreclosures, bankruptcy, or a myriad of other actions by the bank for which … Continue reading

Posted in Foreclosure, Investors - Investment Income, Lenders & Loans, NOD-Notice of Default, NTS-Notice of Trustee Sale (Foreclosure), Personal Opinions, Real Estate - Sellers & Buyers, REALTOR®, Seller Disclosure, Short Sales | Tagged , , , | Leave a comment

I need your help to help a deserving client avoid Foreclosure!

Here are the full questions & answers related to the Petition I have submitted for assistance in helping a client prevent a Foreclosure that should never happen! Find the petition at : http://www.change.org/petitions/help-save-this-family-from-foreclosure?share_id=iGqkvcTcnK QUESTIONS: I’m confused by this Dawn. It … Continue reading

Posted in Foreclosure, NOD-Notice of Default, NTS-Notice of Trustee Sale (Foreclosure), REALTOR®, Short Sales | Tagged , , , , , | Leave a comment

HAFA Eligibility Checklist

I just listened to a webinar that mentioned that the HAFA (Home Affordable Foreclosure Alternatives) program has been exteneded through the end of  2014 CORRECTED – SHOULD BE  2013.  Now IF the Debt Forgiveness Act is extended also, we will have a … Continue reading

Posted in FHA & VA Loans, Foreclosure, Investors - Investment Income, Lenders & Loans, NAR-National Association of REALTORS®, NOD-Notice of Default, NTS-Notice of Trustee Sale (Foreclosure), Real Estate - Sellers & Buyers, REALTOR®, Security Clearance, Short Sales | 1 Comment

INVENTORY Info Request from READER

QUESTION FROM NEWSLETTER READER 5/21/12: I wonder if you could give your thoughts on the amount of “shadow” inventory for the south bay. I guess shadow inventory would include REO, pre-foreclose, & short sale. Why is inventory so low? Thanks, … Continue reading

Posted in Foreclosure, Investors - Investment Income, Personal Opinions, Real Estate - Sellers & Buyers, REALTOR®, Short Sales | 2 Comments

Escape Your Unmanageable Mortgage

Getting free doesn’t have to mean running away. Today, many homeowners find themselves unable to escape an unmanageable mortgage. Some of them are being given some bad advice.They are being told that walking away from their mortgage and letting the … Continue reading

Posted in Credit score, Foreclosure, Real Estate - Sellers & Buyers | Leave a comment

Getting back in the black

Here is a great article from The New York Times that our California Association of REALTORS® shared for your information….. Getting back in the blackMore than 2.6 million households are at least 60 days delinquent on their mortgage payments, according … Continue reading

Posted in Foreclosure, Real Estate - Sellers & Buyers, Short Sales | Leave a comment

Investors….. They STILL don’t get it!

I recently had a short sale go south. This is so sad because now the Buyers lost an opportunity to become homeowners and the investors lost the chance to recoup almost 75% of their money. The property will now go … Continue reading

Posted in Foreclosure, Investors - Investment Income, Lenders & Loans, NAR-National Association of REALTORS®, Real Estate - Sellers & Buyers | Leave a comment