Who Owns My Mortgage and Why Do I Need To Know?

Posted by & filed under Stockton Real Estate.

Don’t be afraid to ask the customer service representative for your mortgage servicer who owns your mortgage. The owner, who is often referred to as the investor, might be different from the servicing company or bank that collects and processes your payments. Lenders often sell off the servicing rights, too. So it is very common […]

Over a Quarter of All 2010 Home Sales Were Foreclosures

Posted by & filed under Stockton foreclosure, Stockton Real Estate.

According to RealtyTrac 26% of all home sales last year were foreclosures. In the Stockton area 72% of sales were bank or government held and 50% were REOs. Short sales accounted for 22% of all Stockton homes sold last year. Leaving 28% that were not bank or government related sales. For more information on the […]

Readers Rate Local Economy San Joaquin #2 Story of the Year

Posted by & filed under Stockton Real Estate.

According to The Record readers, the local economy was the number two story of the year. One factor contributing to the overall economy was the housing market. San Joaquin county was number two in the nation for foreclosures in 2010 but housing prices remained relatively unchanged with an average home price of $181,000.

Stockton, CA, Stockton Home for Sale & Stockton Real Estate, 3591 Quail Lakes Dr # 167, Stockton, CA, 95207

Posted by & filed under Quail Lakes Real Estate, Stockton Real Estate.

Download now or watch on posterous 3591 Quail Lakes Dr #167_ Stockton_ CA_ 95207.mp4 (5584 KB) For information on this and all the Stockton homes for sale visit www.Homes-In-Stockton.com! Lower Unit in Back. Kitchen and bath updated! Laminate flooring in living area. Perfect for a college student! Posted via email from www.Homes-In-Stockton.com Posterous

Stockton, CA, Stockton Home for Sale & Stockton Real Estate, 9128 Chianti Cir, Stockton, CA, 95212.

Posted by & filed under Stockton Real Estate.

Download now or watch on posterous 9128 Chianti Cir_ Stockton_ CA_ 95212.mp4 (7164 KB) For information on this and all the Stockton homes for sale visit www.Homes-In-Stockton.com! Move-in condition home in family friendly neighbourhood (a park is across the street!!). A built-in desk area, eat-in kitchen, and shutters in family, dining and kitchen makes this […]

Stockton, CA, Stockton Home for Sale & Stockton Real Estate, 3215 W Alpine Ave,Stockton, CA, 95204

Posted by & filed under Stockton Real Estate.

Download now or watch on posterous 3215 W Alpine Ave_Stockton_ CA_95204.mp4 (11442 KB) For information on this and all the Stockton homes for sale visit www.Homes-In-Stockton.com! Move in ready & priced BELOW APPRAISED VALUE!!! This charming house has been recently brought back to life inside & out! Offering 4 possible bedrooms, 2 full bathrooms & […]

Stockton, CA, Stockton Home for Sale & Stockton Real Estate, 2938 Water Mill Ct , Stockton, CA, 95212.

Posted by & filed under Stockton Real Estate.

Download now or watch on posterous 2938 Water Mill Ct_Stockton_CA_95212.mp4 (4861 KB) For information on this and all the Stockton homes for sale visit www.Homes-In-Stockton.com! Stockton Short Sale on a large corner lot! Master with walk in closet and double sinks. Kitchen with gas stove and tile counters. 3 Bedrooms plus a loft. This home […]

Lathrop, CA, Short Sale Lathrop Home for Sale & Lathrop Real Estate , 16990 Pecan Hollow Way, Lathrop, CA, 95330.

Posted by & filed under Stockton Real Estate.

Download now or watch on posterous 16990 Pecan Hollow Way_ Lathrop_CA_95330.mp4 (4815 KB) For information on this and all the Lathrop homes for sale visit www.Homes-In-Stockton.com! Great Lathrop Short Sale in Mossdale Landing. Over 2500 sq. ft. of living space! Open floor plan. Downstairs bathroom and bedroom. Bonus loft area upstairs. Kitchen with Corian counters. […]

Home Sales Up in US but Down in CA – Lenders Partially to Blame

Posted by & filed under Short Sales.

National home sales were up 10% this September according to the National Association of Realtors. Some factors contributing to this growth are low mortgage rates and high affordability, home prices are averaging 22% less of where they were five years ago. Affordability has been influenced by the weakness in home buying activity. September’s home sales […]

Foreclosures – Suspended or Expedited? Depends on Who You Ask

Posted by & filed under Short Sales.

On October 7, 2010, Barack Obama rejected the Interstate Recognition of Notarizations Act, which would require courts to accept documents that have been notarized in another state. Many are calling for a moratorium on foreclosures, stating banks have reclaimed homes on fraudulent documentation. Just last week, Bank of America, JPMorgan Chase and GMAC announced they […]

New California Short Sale Deficiency Law

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

As of January 1, 2011, the first position lender will not be permitted to obtain a deficiency judgment against the seller after a short sale. The short sale approval letter and acceptance of the funds will constitute payment in full and discharge of the deficiency. However, these new changes will not apply to refinanced loans. […]

California DRE Reports Increased Mortgage Fraud

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

Download now or preview on posterous 09 13 10.pdf (17 KB) The California Department of Real Estate and the Department of Financial Institutions are warning about increased reports of short-sale mortgage fraud activity. Some of the fraud related activity includes short-sale negotiators requiring buyers to pay their fee, fees being paid outside of escrow and […]

Legal Chart Quick Reference for California Deficiency Judgments

Posted by & filed under Short Sales, Stockton Short Sale.

Download now or preview on posterous California Deficiency Judgements.pdf (55 KB) The attached document provides a quick reference to assist distressed sellers in determining if a lender would have the right to collect on a deficiency resulting from foreclosure in the State of California. It is intended only for reference. I recommend strongly that a […]

Stockton, CA, Short Sale Stockton Home for Sale & Stockton Real Estate, 3026 English Oak Cir, Stockton, CA, 95209.

Posted by & filed under Stockton Short Sale.

Download now or watch on posterous 3026 English Oak Cir_Stockton_CA_95209.mp4 (5699 KB) For information on this and all the Stockton homes for sale visit www.Homes-In-Stockton.com! Nice Stockton Short Sale! Well cared for home in gated community. Large corner lot. Priced to sell. Kitchen with tile counters and dining bar. Low maintenance yards. Posted via email […]

Could This Be The End of Short Sales?

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

Download now or preview on posterous 08 11 10.pdf (71 KB) Keep your eyes on the news August 17th when the Treasury will be holding a hearing regarding the future plans for Fannie Mae and Freddie Mac. It is rumored that the Obama administration is about to order the government-controlled lenders to forgive a portion […]

The Impact of HR 5872 & 5891 on the Stockton Real Estate Market

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

Download now or preview on posterous 08 10 10.pdf (9 KB) HR 5872, which passed the House of Representatives last week, increases FHA’s commitment authority for its multifamily insurance programs by $5 billion for the remainder of the fiscal year. While HR 5891, which passed the House of Representatives July 30, will permit FHA to […]

Stockton, CA, Short Sale Stockton Home for Sale & Stockton Real Estate, 7309 Camellia Lane, Stockton, CA, 95207

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

Download now or watch on posterous 7309 Camellia Lane_Stockton_CA_95207.mp4 (10120 KB) For information on this and all the Stockton homes for sale visit www.Homes-In-Stockton.com! Stockton short sale. Stockton home for sale located in Lincoln School District! Here is the perfect home for a couple starting out or a small family complete with a white picket […]

HAMP & HAFA Foreclosure Alternatives for Central Valley Homeowners

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

If you are pursuing a short sale, you should have already inquired about the government’s Home Affordable Modification Program and/or the Home Affordable Foreclosure Alternatives options. If you haven’t done so already and would like to find out if you are eligible, you should contact your lender and inquire directly. You can also learn about […]

Stockton, CA, Short Sale Stockton Home for Sale & Stockton Real Estate, 2031 Rosecrans Way, Stockton, CA, 95207

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

Download now or watch on posterous 2031 Rosecrans Way_ Stockton_CA_95207.mp4 (8353 KB) For information on this and all the Stockton homes for sale visit www.Homes-In-Stockton.com! Great Stockton Short sale in Lincoln School District! 3 bedroom 1 bath home with some improvements. Laminate, Wood and Tile Flooring. Updated kitchen with built in microwave. Newer kitchen cabinets. […]

Stockton, CA, Short Sale Stockton Home for Sale & Stockton Real Estate, 1533 Greeley Way , Stockton, CA, 95207

Posted by & filed under Stockton Real Estate.

Download now or watch on posterous 1533 Greeley Way_Stockton_ CA_95207.mp4 (4904 KB) For information on this and all the Stockton homes for sale visit www.Homes-In-Stockton.com! Great Stockton Short Sale with double sided fireplace! Wood Floors and french doors leading to the backyard. Bathrooms with tile and double headed shower. Too good to pass up! Posted […]

Stockton, CA, Short Sale Stockton Home for Sale & Stockton Real Estate, 540 E Downs St, Stockton, CA, 95204

Posted by & filed under Stockton Real Estate.

Download now or watch on posterous 540 E Downs St_Stockton_CA_95204.mp4 (5444 KB) For information on this and all the Stockton homes for sale visit www.Homes-In-Stockton.com! Great Stockton Short Sale in established neighborhood. Close to parks and schools. Perfect investment property. Posted via email from www.Homes-In-Stockton.com Posterous

Equator Launches New PRO Short Sale Software

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

Download now or preview on posterous Equator Introduces Short Sale and HAFA Software.pdf (20 KB) Equator launched a new short sale and HAFA software for communication between lenders, real estate agents and borrowers. Intended for smaller firms, PRO Short Sale allows buyers and agents to negotiate terms quickly by automating every aspect of a short […]

Stockton Short Sales Range in Value from $25,000 to $950,000!

Posted by & filed under Stockton Real Estate.

Pat Holkesvig has listed and sold more Stockton short sale listings than any other Stockton agent. She specializes in processing Stockton short sales. The following is a list of Stockton short sales currently available. Click here to search all Stockton homes for sale. Click here to request information on the Stockton short sale process. Call […]