One of the most frequently asked questions we receive from our Stockton short sale sellers is whether or not a Central Valley short sale can be completed without a homeowner missing payments. In the past this had been a challenge however we recently have seen a change. We currently have two Stockton short sales in […]
Monthly Archives:: August 2012
New Auto Car Sales Up 17%….Dig Deeper…GM Increased Sub Prime Loans 79%!
Did the government not learn a lesson from the housing bubble? Making loans to unqualified buyers is not good business! Similar to the housing bubble auto sale increases are being driven by GM subprime loans!! Sound familiar? When are they going to learn…people who are leveraged and having a hard time making their payments are […]
$900,000,000 Stockton Prison Health Facility Expected to Have Positive Impact on Housing Prices.
The new California Health Care Facility off of Arch Road in Stockton is expected to open in May 2013. The 1.2 million square foot hospital is costing taxpayers $840 million to build and will provide 2500 to 3000 permanent jobs varying from nurses and doctors to warehouse workers. The facility is expected to bring $300 […]
Central Valley Foreclosure and Central Valley Short Sale HOA Lien and Assessment FAQs
Foreclosure and Short Sale Issues_ HOA Liens & Assessments FAQ.pdf Download this file The Central Valley Foreclosure and Central Valley Short Sale transaction process can be frustrating. Many Central Valley buyers, Central Valley sellers, Central Valley listing agents and Central Valley buyer’s agents are not familiar with the ins and outs of HOA liens […]
6091 Riverbank Cir Stockton CA 95219 Brookside Waterfront Lot
California living! Fantastic opportunity to purchase a waterfront lot in prestigious The Pointe development in Stockton’s gated Brookside community. Dock is in. Build your dream home. Deep water access to San Francisco and Sacramento! Take a video tour. View all Brookside Real Estate! Call Pat at (209) 471-0285 for more information.
New FHFA Guidelines to Help Underwater Central Valley…..Really????
New Central Valley Short Sale FHFA Guidelines.pdf Download this file It was proclaimed yesterday that Central Valley homeowners will find the short sale process easier starting in November 2012. Really???? The FHFA announced changes in the mortgage-finance giants Fannie Mae and Freddie Mac guidelines. The changes include extending short sale help to homeowners who are […]
Central Valley Short Sale Active August 23, 2012
2306 Hollywood Dr Stockton Short Sale $ 400,000 2124 Honeybrook St Stockton Short Sale $ 178,888 2319 Gardena Ave Stockton Short Sale $ 85,000 9440 Shawnee Ct Stockton Short Sale $ 128,900 1481 Manila Rd Lathrop Short Sale $ 1,299,000 9515 Ravenna Ln Stockton Short Sale $ 200,000 1615 E Worth St Stockton Short Sale […]
Is the Game Rigged? Fannie Mae Bulk REO Sale Smells BAD!
Memo Style.pdf Download this file The housing inventory levels in California are very low. First time home buyers are competing unsuccessfully with cash investors for homes dominated by REO and short sales. Just when you thought the situation could not get any worse in steps FHFA and Fannie Mae. In a secretive behind closed doors […]
3409 Glen Abby Court in Guard Gated Brookside Stockton CA 95219 Call Pat at 209.471.0285 to schedule a showing.
California still dominates foreclosure scene – Stockton still ground zero for foreclosures
Stockton is #1 for foreclosure starts. Ugh. If foreclosures are up why is inventory so low? http://www.fosters.com/apps/pbcs.dll/article?AID=/20120729/GJBUSINESS_01/707299971/-1/fosbusiness