Realtors and real estate associations have been voicing their concern over the long short sale process and have been pushing for a standardized faster short sale process. One that does not take many many months or even years. Our voices have been heard and as of November 1st, 2012 new guidelines announced from the Federal Housing Finance […]
Tag: short sale
Should I Short Sale or Foreclose?? Going the route of a short sale or foreclosure is a really tough decision. There are many factors and pitfalls in each. In the last couple of years there has been reform through the federal as well as the California legislature for homeowner protection. It is a good idea […]
Governor signs California Homeowner Bill of Rights into Law California Governor Jerry Brown signed into on July 11th 2012 the Homeowner Bill of Rights to help struggling Californians keep their homes. This law aims to avoid foreclosure where possible to help stabilize California’s housing market and prevent the other negative effects of foreclosures on families, […]
What you need to know when buying a home after a short sale, foreclosure or bankruptcy. A common question sellers from a short sale, foreclosure or bankruptcy have now that they want to re-purchase a home today is, “How long must I wait before obtaining financing after short sale, foreclose or bankruptcy?” An important step […]
Basic Short Sale Questions – Answered Here are questions most homeowners ask about a short sale. 1. What is a real estate short sale? A real estate short sale is a form of agreement between the seller of a home in the beginning stages of foreclosure and their lender, allowing the home to be sold […]