Anti-Deficiency Protection Red Alert: C.A.R. has issued a “Red Alert” asking all REALTORS® to urge Governor Schwarzenegger to sign Senate Bill 1178. This bill extends anti-deficiency protections to homeowners who refinanced their mortgages, but didn’t take any cash out, and are now facing foreclosure.

Get Help With Your Bank Here is a resource that agents can use to find help for troubled short sale cases: HelpWithMyBank.gov is administered by the U.S. Department of the Treasury Office of the Comptroller of the Currency (my hands cramped just writing that!) … even if you can’t remember the name of who’s administering [...]

Gaining mortgage loan can be demanding and nerve-racking affair because it is hard to get a loan these days. Sadly many are being approved for mortgage loans but they are not financially competent to repay the debt. As a result, vast amount of homes are abandoned across the country. In seeking home loan through a [...]

When the economy took its plunge down two years ago, the home or land selling through auctions or trustees is much crucial for some people who involves in fiscal business. So, what’s the matter? People are often availing money thru loans, especially if it is meant to purchase or lease. Therefore, they don’t have any [...]

One of the major causes of anxiety of the ex-homeowners whose residence have been sold through public auctioning or trustee’s sale is deficiency judgment. At some point of economic situation, paying such obligations is quite hard to abide by. Failure in payment means the investor can claim his entitlement by means of selling the home [...]