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 [...]

Making sense of HAFA Delays, well sort of!

Problems with stalled HAFA system loans continue on, but we may have solved at least a portion of the mystery, well sort of. At the D&R team (HomeStalkers) we have negotiated hundreds of Short Sales on behalf of our clients in the greater Sacramento, Roseville, California area. As of April 5, the U.S. Treasury Department [...]

House extends 1st time buyer credit

House passes bill to extend tax credit deadline The U.S. House of Representatives passed a stand-alone bill yesterday extending the closing deadline for the federal home buyer tax credit to Sept. 30, 2010. Backers of the House measure said the 90-day extension would permit tens of thousands of home buyers whose paperwork didn?t clear by [...]

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 [...]

California mortgage assistance program extended

The California Mortgage protection program offered through California Association of Realtors (CAR) has been extended throught December 2010. I have a feeling that home owners are not aware CAR has an assistance program to help 1st time home buyers assit in helping make their payments in the event of a job loss. Offered by C.A.R.’s [...]

White House to Expand Program to Stem Foreclosures

White House to Expand Program to Stem Foreclosures Published: Monday, 30 Nov 2009 | 8:18 AM ET The program has come under heavy criticism for failing to do enough to attack a tidal wave of foreclosures. Analysts said the foreclosure crisis is likely to persist well into next year as high unemployment pushes more people [...]

Don’t Wash Your Money Down the Drain!

Now more than ever, it makes sense (and cents!) to protect your money. A thorough examination of your everyday expenditures will likely reveal areas where you can save some of your hard earned money. For example, did you know 78 percent of cell phone minutes go unused? Scrutinizing your cell phone bill may expose features [...]

October Market Stats. for Sacramento, El Dorado & Placer Counties

A Quick Peek at What’s Going On in our Market… October statistics showed another strong sales month in our Tri-County (Sacramento, Placer & El Dorado) market area for home sales. Lack of “For Sale” inventory continues to be a problem for buyers, but prices and interest rates continue to make for an attractive buyer’s market. [...]

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