http://www.homes-in-stockton.com/blog Stockton Real Estate Opinion Thu, 09 Sep 2010 14:45:43 +0000 http://wordpress.org/?v=2.7.1 hourly 1 http://www.homes-in-stockton.com/blog/stockton-real-estate/nothing-new-freddie-fannie/comment-page-1/#comment-1866 Obama Launches New Mortgage Aid : The Stockton Specialist Wed, 08 Sep 2010 01:13:21 +0000 http://www.homes-in-stockton.com/blog/stockton-real-estate/no-new-ideas-from-mortgage-summit/#comment-1866 [...] the last month we have mentioned in Could This Be The End of Short Sales? and  No New Ideas From Mortgage Summit that it was rumored the Obama administration was about to order the government-controlled lenders [...] [...] the last month we have mentioned in Could This Be The End of Short Sales? and  No New Ideas From Mortgage Summit that it was rumored the Obama administration was about to order the government-controlled lenders [...]

]]> http://www.homes-in-stockton.com/blog/stockton-real-estate/obama-fannie-freddie-forgive-debt/comment-page-1/#comment-1865 Obama Launches New Mortgage Aid : The Stockton Specialist Wed, 08 Sep 2010 01:02:48 +0000 http://www.homes-in-stockton.com/blog/stockton-real-estate/could-this-be-the-end-of-short-sales/#comment-1865 [...] the last month we have mentioned in Could This Be The End of Short Sales? and  No New Ideas From Mortgage Summit that it was rumored the Obama administration was about [...] [...] the last month we have mentioned in Could This Be The End of Short Sales? and  No New Ideas From Mortgage Summit that it was rumored the Obama administration was about [...]

]]> http://www.homes-in-stockton.com/blog/contact-us/comment-page-1/#comment-1844 Legal Chart Quick Reference for California Deficiency Judgments : The Stockton Specialist Thu, 26 Aug 2010 18:18:17 +0000 http://www.homes-in-stockton.com/blog/?page_id=348#comment-1844 [...] Contact Us [...] [...] Contact Us [...]

]]> http://www.homes-in-stockton.com/blog/stockton-real-estate/obama-fannie-freddie-forgive-debt/comment-page-1/#comment-1841 No New Ideas From Mortgage Summit : The Stockton Specialist Wed, 25 Aug 2010 00:25:36 +0000 http://www.homes-in-stockton.com/blog/stockton-real-estate/could-this-be-the-end-of-short-sales/#comment-1841 [...] August 12th in the post Could This Be The End of Short Sales? we wrote about how On August 17th  the Treasury was going to be holding a hearing regarding [...] [...] August 12th in the post Could This Be The End of Short Sales? we wrote about how On August 17th  the Treasury was going to be holding a hearing regarding [...]

]]> http://www.homes-in-stockton.com/blog/contact-us/comment-page-1/#comment-1780 HAMP & HAFA Foreclosure Alternatives for Central Valley Homeowners : The Stockton Specialist Wed, 28 Jul 2010 17:22:55 +0000 http://www.homes-in-stockton.com/blog/?page_id=348#comment-1780 [...] Contact Short Sale Agent [...] [...] Contact Short Sale Agent [...]

]]> http://www.homes-in-stockton.com/blog/contact-us/comment-page-1/#comment-1779 Page not found : The Stockton Specialist Wed, 28 Jul 2010 17:18:59 +0000 http://www.homes-in-stockton.com/blog/?page_id=348#comment-1779 [...] Contact Short Sale Agent [...] [...] Contact Short Sale Agent [...]

]]> http://www.homes-in-stockton.com/blog/stockton-real-estate/june-2010-stockton-area-real-estate-market-update-2/comment-page-1/#comment-1725 Olen Lawler Sat, 10 Jul 2010 23:09:12 +0000 http://www.homes-in-stockton.com/blog/june-2010-stockton-area-real-estate-market-update-2#comment-1725 I'd be more optimistic if the global economy was doing fine and we are free and clear of a recession, but that is far from the case. If you look at historical pricing you'll find there is the occasional boom followed by years of flat price growth or slight price decreases. I’d be more optimistic if the global economy was doing fine and we are free and clear of a recession, but that is far from the case. If you look at historical pricing you’ll find there is the occasional boom followed by years of flat price growth or slight price decreases.

]]> http://www.homes-in-stockton.com/blog/stockton-real-estate/short-sale-fraud/comment-page-1/#comment-1504 Pat Holkesvig Thu, 04 Feb 2010 19:44:03 +0000 http://www.homes-in-stockton.com/blog/short-sale-fraud#comment-1504 I recommend seeking the advice of a knowledgeable real estate attorney. I recommend seeking the advice of a knowledgeable real estate attorney.

]]> http://www.homes-in-stockton.com/blog/stockton-real-estate/short-sale-fraud/comment-page-1/#comment-1503 Babara Lyttle Wed, 03 Feb 2010 18:26:22 +0000 http://www.homes-in-stockton.com/blog/short-sale-fraud#comment-1503 I sold a house in 2008 in a Short Sale Process with the help of a repetable Realtor with Remax Auusred, at least i thought i did up until i recently recieved a letter from Bank Of America (BOA) that i have an outstanding default amount of $107.831.60. It started out with phone calls from a Heather Knott, Acct Administrative of BOA, i then asked her to send me a copy of the promissory note that i signed and she stated she would, a few weeks went by (nothing) so i called BOA and spoke again to Heather Knott and she stated that the prommissory note had been ordered and it takes a while. Did not hear back from her anymore until i recieved the above mentioned letter still no promissory note. So i took it upon myself to send ceritified mail to request a copy because it would be my word against hers in a phone conversation and also asked for an audit of my owing this amount which is in progress as i write this. Now, I am guilty of signing a piece of paper that i probably should not have but this piece of correspondence was not explained to me during the process of the short sale there was never any money talked about. Not knowing how the short sale processed worked my question to the realtor was always will i owe any monies to either bank at the close of this and was always told (NO) the piece of paper that i signed was BOA basic letter that i see all over the internet stating that BOA would release the lien if they recieved the $2,500.00 in certified funds and that the remaining debt is collectable balance. I was a little to trusting and under the stress of loosing my home no one their explained that piece of paper when you're having paper thrown at you at the end of closing that piece surely would have stood out had i known but was told by the realtor that at the last minute they always throw papers in like and nobody knew it was there. Then i called City Title where i saigned my papers and asked her for copies and that is what she sendt me and assured me that during closing every piece of papaer is exlplained in the process that was a (LIE) because how could you miss the most important piece of paper in the whole signing. What idiot would knowingly agree to that. I am in the process now having trying to get some legal help just made a call this morning which is 2/03/2010 not sure when someone would read this but i feel as though this was not done properly and would like for someone to tell me what to do and am i liable for this amount of monies BOA is requesting perhpas that can be determined once i get my audit done. if someone out ther can give some insight on this i would love to hear it. Aslo, they have already sent this to a collection agency and i did speak with the person at the collection agency that is handling my particular case and he told me if i liked they would accept $12000.00 and i could set up payment arrangements right then and there and i told him not until i find whether i owe this and he said ok suit yourself and that is exactly what i intend to to do give me proof that i owe this much after my house is already gone that i saved up for to purchase after retiring from the Pentagon 33 years of service. I sold a house in 2008 in a Short Sale Process with the help of a repetable Realtor with Remax Auusred, at least i thought i did up until i recently recieved a letter from Bank Of America (BOA) that i have an outstanding default amount of $107.831.60. It started out with phone calls from a Heather Knott, Acct Administrative of BOA, i then asked her to send me a copy of the promissory note that i signed and she stated she would, a few weeks went by (nothing) so i called BOA and spoke again to Heather Knott and she stated that the prommissory note had been ordered and it takes a while. Did not hear back from her anymore until i recieved the above mentioned letter still no promissory note. So i took it upon myself to send ceritified mail to request a copy because it would be my word against hers in a phone conversation and also asked for an audit of my owing this amount which is in progress as i write this. Now, I am guilty of signing a piece of paper that i probably should not have but this piece of correspondence was not explained to me during the process of the short sale there was never any money talked about. Not knowing how the short sale processed worked my question to the realtor was always will i owe any monies to either bank at the close of this and was always told (NO) the piece of paper that i signed was BOA basic letter that i see all over the internet stating that BOA would release the lien if they recieved the $2,500.00 in certified funds and that the remaining debt is collectable balance. I was a little to trusting and under the stress of loosing my home no one their explained that piece of paper when you’re having paper thrown at you at the end of closing that piece surely would have stood out had i known but was told by the realtor that at the last minute they always throw papers in like and nobody knew it was there. Then i called City Title where i saigned my papers and asked her for copies and that is what she sendt me and assured me that during closing every piece of papaer is exlplained in the process that was a (LIE) because how could you miss the most important piece of paper in the whole signing. What idiot would knowingly agree to that. I am in the process now having trying to get some legal help just made a call this morning which is 2/03/2010 not sure when someone would read this but i feel as though this was not done properly and would like for someone to tell me what to do and am i liable for this amount of monies BOA is requesting perhpas that can be determined once i get my audit done. if someone out ther can give some insight on this i would love to hear it. Aslo, they have already sent this to a collection agency and i did speak with the person at the collection agency that is handling my particular case and he told me if i liked they would accept $12000.00 and i could set up payment arrangements right then and there and i told him not until i find whether i owe this and he said ok suit yourself and that is exactly what i intend to to do give me proof that i owe this much after my house is already gone that i saved up for to purchase after retiring from the Pentagon 33 years of service.

]]> http://www.homes-in-stockton.com/blog/stockton-real-estate/build-your-ark-the-short-sale-flood-is-coming/comment-page-1/#comment-1502 Jeff Green Wed, 03 Feb 2010 18:26:14 +0000 http://www.homes-in-stockton.com/blog/?p=385#comment-1502 Pat, excellent article and yes, title. Looking forward for more updates regarding Stockton real estate. Thanks. Pat, excellent article and yes, title. Looking forward for more updates regarding Stockton real estate. Thanks.

]]>