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In Sonoma County, Ca., most “bubble” loans (loans originated 2004-2007) were not sold to Fannie or Freddie. However, double check with the sites below to see if your loan is owned by Fannie and Freddie. If you are in foreclosure, you may have a holiday delay in the sale of your home. The links below [...]
……………………………………. Federal Government & Attorneys General reach landmark settlement with major banks
Roughly $25 billion in relief for distressed borrowers, states and federal government.
From the “NationalMortgageSettlement.com” website.
After many months of negotiation, 49 state attorneys general and the federal government have reached agreement on a historic joint state-federal settlement with the country’s five largest [...]
Follow this link for an explanation from the National Association of Realtors website….and come see our listing at 3768 Hoen Ave, Santa Rosa,Ca…. coincidentally,an approved HAFA short sale. $262,650. 3/2 1276sqft. Open 11/06/2011 from 1-4pm.
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WHY IS THIS GOOD FOR THE INVESTOR?
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The standard market analysis is simply an estimate of value, of current competitive listings and recent Solds but what it lacks is critical, as it is one of the most important elements….THE FUTURE. When should you put your home on the market?? If you knew that a seller was getting ready to put a home [...]
This “Help for Home Owners” link is “buried” under a few layers of the Wells Fargo website. Despite that, Wells Fargo seems to be one of the easier banks to deal with these days. Whether your loan was originally with World or Wachovia…or has always been with Wells Fargo, makes a big difference when discussing [...]
If so, you are in the prime position for a Wachovia “streamlined” short sale. Sam Bedros, our local Wachovia short sale negotiator, held a “Short Sale” seminar at the North Bay Association of Realtors last week. Here’s so what he had to say; All short sales, at any bank, must first go through the eligibility process [...]
As usual, tons of useful information…all rolled into one very entertaining hour. This week; Making your property appealing without a PRICE REDUCTION by offering closing costs, buying down a mortgage, getting creative. Why this makes sense…Mike will break it down to the numbers~ The long and short of the Buyer/Agent relationship ~ Plus, Mike and Alli’s “Tales from the Trenches”; The Bank’s [...]
As mentioned in today’s Press Democrat…and on The Real Estate Hour; A free workshop on foreclosure prevention that includes information and counseling on mortgage modification will be held Saturday 7/24/2010 at the Santa Rosa headquarters of Redwood Credit Union. The session, which runs from 10 a.m. to 2 p.m. at 3033 Cleveland Ave., Suite 100, is sponsored [...]
When Mike and I meet with new clients we want them to be completely comfortable with the whole process of buying and/or selling a home. One of the first things we tell them is that there is no such thing as a dumb question in real estate. So, when creating an email for our Radio [...]
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