Where has $70 Billion Dollars Gone?

Where has 70 Billion in Home Owner Assistance Gone? As Real Estate Agents focusing on home owner foreclosure avoidance in the local Sacramento, CA market, we have experienced less and less impact with help from the government programs intended to help home owners keep their homes. From the start the program under the HAMP (Home [...]

Is HAFA Program helping Distressed Home Owners?

Is HAFA the answer for distressed home owners? Is HAFA the savior for distressed home owners? At our HomeStalkers Group, we have negotiated hundreds of short sales on behalf of our clients with over an approximately 99% success rate. To date, we have several HAFA short sales in the works. Our honest opinion is it [...]

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 [...]

Lat minute offers to delay Foreclosures a thing of the past?

Beware to Home Owner close to a Foreclsoure! In the past, if a client was close, by close we mean a few weeks, we could typically market this property aggressively, hopefully receive an offer for submission to the lender and stall the forclosure. In some cases just days prior to the foreclosure date. The other [...]

Who Really qualifies for HAFA

Who really qualifies for HAFA? At HomeStalkers Real Estate Group, we have two active files that involve HAFA candidates. Both files have been caught in some form of a very ugly vortex. Folks this is SERIOUS business since it involves deep emotions to sellers, buyers and agents. For all those agents dealing in short sales [...]

Clarification to the home buyers tax credits

There is a little bit of confusion out there on the home buyer tax credits, so hopefully this clears if up… Federal Tax Credit The first time home buyer tax credit extension allows a buyer to enter an agreement with a seller by April 30, 2010 and close on the house by June 30, 2010. [...]

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 [...]

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