Another Issue with Loan Modification

Issues with loan modification problems just don’t seem to go away and it really hurts when it effects the distressed home owner. Recently we came across a home that had a foreclosure date within 10 days in El Dorado Hills, Ca. With a foreclosure looming for the home owner, my partner and I did a [...]

Freddie Mac reports 600% increase in Short Sales!

It didn’t take an official statement from Freddie Mac’s CEO to convince us at the HomeStalkers Group, — the agents helping distressed homeowners on a daily basis — that short sales have increased dramatically across the country. However, the number was still impressive and makes a big statement on a movement within the real estate [...]

New California Program to help avoid foreclosures

California announces new program to help delinquent Home Owners California has just announced a new funding program to help home owners delinquent on their mortgages avoid foreclosure. The program will be administered by CALHFA. The guidelines are just starting to roll out, but there have been a few details released. The program is intended to [...]

What is the HAFA news all about

HAFA (Home Affordable Foreclosure Alternative) is the new government program that went active several weeks ago. We will be hearing A LOT about this program in the near future. Following are just a few of the numbers to help clarify why we have HAFA and its basic intention to help home owners. HAMP (Homes Affordable [...]

Where Have All the REO’s Gone?

Where are all the Bank Owned properties gone and when are they coming back? Or are they? My question of the day is where are all the REO (bank owned real estate) properties we keep hearing are going to hit our area market?> Just recently the REO listings controlled our MLS to the tune of [...]

Bank of America suspends Acorn loans

Big trouble continues for ACORN.  If you haven’t heard, troubles started over a recent video catching employees of ACORN on video camera discussing questionable methods with two people posing as a prostitute and her pimp on ways to avoid taxes and how to purchase a brothel with ACORN grants from the government. Following the steps of the government [...]

Some Major Considerations to Avoid Foreclosure

Yes, times are tough for many of us, but it is not a time to bury your head in the sand.  As real estate specialists in helping clients find solutions to their housing troubles, it is very disheartening to hear that someone has lost their home to foreclosure, but didn’t do anything to prevent it.  [...]