Lenders and Homeowners Dancing the Default Limbo

Posted by & filed under Short Sales, Stockton foreclosure, Stockton Real Estate, Stockton Short Sale.

Download now or preview on posterous 07 26 10.pdf (233 KB) About 4.5 % of mortgages in the greater San Francisco Bay area are at least 3 months behind in mortgage payments and not yet in foreclosure. This default limbo is different from other real estate crashes because previously there were fewer troubled loans which […]

Struggling Homeowners Can Take Steps to Save Credit

Posted by & filed under Short Sales, Stockton Real Estate.

If you’re a struggling homeowner, remember the safest option is always to keep making your mortgage payment. However, if you can’t pay, try to work with the government’s foreclosure prevention program. If that doesn’t work, consider all of your potential options and the affect each one will have on your credit scores before making a […]