For information on this and all the Stockton homes for sale visit www.Homes-In-Stockton.com! Fabulous reverse plan with Delta Views.This stunning home is in mint condition with lush gardens. Vaulted Cedar ceilings make this home bright and perfect for entertaining. 4 bedrooms, all with French doors, and 3 baths. Family room with gas fireplace and French […]
Monthly Archives:: May 2010
And the Property Goes To…
According to CNNMoney.com Boom in real estate auctions – May. 25, 2010 more and more homes are being sold by way of auction. Just in the first quarter of 2010 auction sales have spiked 14%. They also reported that the Real Estate Disposition Corp. has already had 195 auctions this year. If that pace is […]
Fraud Alert
US Attorney Benjamin B. Wagner released information today regarding three different mortgage fraud cases all in California. May 21 PRNewswire-USNewswire Two are regarding bailout mortgage frauds and one is regarding a foreclosure rescue scam. Foreclosure rescue scams are everywhere waiting to prey on honest people who are trying to get out of a difficult situation. […]
Housing market statistics…what to believe?
Interesting article on housing market statistics. Is the housing market turning around or going down? Depends on who you are listening to. Real estate sales web site traffic is down but real estate rental sites traffic is up. View article… Posted via email from www.Homes-In-Stockton.com Posterous
Stockton Real Estate Market Report May 2010
May 2010 Stockton Area Market Update Short Sale? Foreclosure? Strategic Default? Underwater borrowers are often in a quandary about what to do. It’s been reported that 70% of borrowers whose homes are foreclosed upon never contacted their lender. Lenders prefer short sales. Foreclosure sales not only typically cost more, but also result in lower […]
Mortgage Bankers Association does a short sale of their D.C. office building!
The MBA would like you to continue paying on your underwater home while they walk away from their obligation. The hypocrisy continues. Click here to watch the video. Posted via email from www.Homes-In-Stockton.com Posterous
Miracle Short Sale Solution or Infomercial Gimmick?
A new short sale infomercial campaign will run in the Western United States. Starting in mid-May with a 60 second commercial (Real Help Today) soon to be followed by the launch of a 30-minute infomercial. The infomercial is being produced by We Save Homes, Inc. and Stardust Broadcasting. We Save Homes, Inc., who also offers […]
Despite Positive Reports Some Areas Still Suffer With Negative Equity
This week the media reported that US foreclosures have started to slow down, stating that across the nation filings were down 2 percent from April of last year. Despite this optimistic national trend there are still areas losing equity and remain at risk. According to Where Americans Are Losing Home Equity Most Nevada and Florida […]
Freddie & Fannie Suffer Losses, Request Aid From Treasury
On May 5th Housing Wire reported The Federal Housing Finance Agency had to request $10.6 billion from the Treasury Department to cover Freddie Mac’s $10.5 billion deficit. On May 11th the Wall Street Journal reported Fannie Mae needs 8.4 billion. According to Freddie Mac, due to new accounting standards implemented in the first quarter of […]
Media Reports REOs Are On The Decrease But Up Over Last Year According To LPS
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 […]
Details for the $10,000 2010 California New and First Time Home Buyer Tax Credit!
We have received many requests for information on the California Tax Credit. Click here to view the program details! Posted via email from www.Homes-In-Stockton.com Posterous
New Short Sale Rules Could Help Borrowers
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 […]