After the hot foreclosure market of last year, this summer seems – in comparison – quiet and lackadaisical. A total of 1883 homes sold this July, a number close to the June homes sold. 50% of these sales are still REOs; however, the change is remarkable. Foreclosures have fallen 36.4% year over year. Short sales [...]

You’ve probably heard about President Barack Obama’s plan to rescue the housing market. He believes that restructuring distressed mortgages will help to keep struggling home owners in their homes. He also believes that this will help slow or stop the decline in housing prices. To this point $75 billion has been allocated toward modifying distressed [...]

New Short Sale listing in Rocklin take look at my first video. Still learning how to use the flip! Call me if you would like to schedule an appointment to view this property.

ONE avenue for escaping foreclosure may be getting a little easier to navigate: the so-called short sale, through which distressed owners sell their homes for less than the mortgage amount and are forgiven the remaining loan balance. More Mortgage Columns As the credit crisis deepened, short sales became harder to complete. Among other things, people [...]

2387 Snowberry, West Sacramento Approved Short Sale! Our buyer just received notice that he has to move out of state. We are looking for a new buyer on this home. This one won’t last long. This is a charming 4 bedroom home! This home is priced to sell at $181,000. Yes approved we can close [...]