The Mortgage Forgiveness Debt Relief Act and Debt Cancellation Expiring in December 2012 Extension Expected

Posted by & filed under All-communities, Short Sales, Stockton Short Sale.

There was been much speculation regarding the extension of the tax relief for Central Valley distressed homeowners beyond the December 31st expiration date. Everything I read indicates that an extension is expected but given the turmoil in D.C. no one knows for sure. I discussed the situation with my accountant and he pointed out that […]

Stockton, CA, Short Sale Stockton Home for Sale & Stockton Real Estate , 3756 Popolo Cir, Stockton, CA, 95212

Posted by & filed under Stockton Real Estate.

Download now or watch on posterous 3756 Popolo Cir _Stockton_ CA_95212.mp4 (8361 KB) For information on this and all the Stockton homes for sale visit www.Homes-In-Stockton.com! HAFA PRICED APPROVED SHORT SALE. Terrific home in Villa Antinori Estates~ 5 bed/ 3 bath on .28 acre corner lot with no rear neighbors. Bedroom and bath downstairs. Possible […]

Understanding Deficiency Clauses

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

Recently a seller let an approved short sale go to foreclosure over a deficiency clause. This is a situation where everybody loses, the seller, the buyer, their agents, the servicers and the lenders all who spend their time and money to negotiate the approval. All wasted over two little sentences. “BAC Home Loans Servicing, LP […]

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

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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?

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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

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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 […]

A Glimmer of Hope

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

Download now or preview on posterous 08 03 10.pdf (23 KB) According to a recent report on CNBC, Stockton’s luck may be changing. More properties that would have previously been lost to foreclosure are instead becoming short sales. According to the report, San Joaquin County foreclosures have fallen from 85 to 68 percent and defaults […]

GREAT Stockton Short Sale Homes for Sale in the 95219 Zip Code

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The following Stockton Short Sales are available in the 95219 zip code. Call 209-471-6516 for a private showing and visit Homes-In-Stockton.com for details! Address List Price 3219 Mill Springs Dr Stockton, CA 95219 $ 105,000 3602 Stone River Cir Stockton, CA 95219 $ 120,000 7023 Germanna Ct Stockton, CA 95219 $ 125,000 3283 Amberfield Cir […]

Stockton, CA, Short Sale Stockton Home for Sale & Stockton Real Estate, 3440 Heatherbrook Dr, Stockton, CA, 95219

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Download now or watch on posterous 3440 Heatherbrook Dr_Stockton_CA_95219.mp4 (11011 KB) For information on this and all the Stockton homes for sale visit www.Homes-In-Stockton.com! Great Stockton Short Sale! Updated kitchen with granite counters and stainless appliances. Custom Paint and tile. Family Room with fireplace and french doors. Formal Dining with crown moulding throughout. Stamped concrete […]

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

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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 […]

Sellers Waiting in the Wings Could Pose A Problem

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Download now or preview on posterous 07 29 10.pdf (43 KB) There are many homeowners who would like to sell but aren’t financially required to do so. Many of these people are waiting in the wings for the opportune moment to jump back into the housing market. In fact, Zillow.com reported about 7% of homeowners […]

Fannie Mae Retaliates Against Strategic Defaulters!

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

Download now or preview on posterous fannie-mae-intensifie.pdf (24 KB) Fannie Mae announced this week that it will pursue deficiencies in some cases of strategic defaults. It’s getting nasty! Make sure you discuss your potential short sale or foreclosure options with a real estate attorney. Your Home Team can walk you through the short sale process. […]

Stockton Homes for Sale & Stockton Real Estate, 330 Willow St Stockton CA 95203

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For information on this and all the Stockton homes for sale visit www.Homes-In-Stockton.com!  Charming UOP short sale in Stockton. Home is lined with decorative stained glass windows and custom cabinetry. Wood floors throughout. Kitchen with gas cooktop, dishwasher and double oven. Inside laundry area. French doors leading to the yard. Tons of character. Will not […]

More Central Valley Short Sales Expected as the Majority of Loan Modifications Fail

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Download now or preview on posterous Loan Mod Failures.pdf (97 KB) A recent AP story suggests that short sales and foreclosures are expected to increase as the number of loan medications fail. To date 27% of loan modifications have succeeded. If you have any questions regarding the short sale process or any real estate related […]

Are Loan Modifications and Short Sales Decreasing or Delaying Foreclosures?

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Download now or preview on posterous 06 16 10 Santa Clara.pdf (85 KB) Santa Clara County has seen an annual decline in foreclosure notices for the past consecutive six months. Yet, Foreclosure Radar reports that these types of declines don’t make any sense. They speculate that lenders may be holding on to the foreclosure inventory […]

Stockton Homes for Sale & Stockton Real Estate, 2316 Hydrangea Dr Stockton CA 95212

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Download now or watch on posterous 2316 Hydrangea Dr_Stockton_CA_95212.mp4 (5501 KB) For information on this and all the Stockton homes for sale visit www.Homes-In-Stockton.com!  Do not disturb tenants. Write offer subject to inspection.Adorable house with den/study and bedroom downstairs. Kitchen with granite counters and dining bar. Cute yard that requires little maintanence. This home is […]

New Short Sale Rules Could Help Borrowers

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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 […]