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aurora loan services: Some Sacramento Short Sales are Improving But Aurora and CitiMortgage Take the Cake - 11/17/09 09:24 AM
Now that homebuyers no longer feel pressured to buy a home before the home buyer tax credit expires (because it was extended to April 30, 2010), it seems that the market is a teeny bit quieter in Sacramento. Usually Mondays are the worst day of the week, phone-wise. My cellphone tends to ring constantly on Mondays, generally because buyers are out over the weekend looking at homes. But yesterday, it was eerily silent.
In fact, I mentioned to my husband over lunch that my phone hadn't rung once. Was the market slowing down? He asked me if it was turned on. … (9 comments)

aurora loan services: Buyer Sues Lender Over Short Sale - 08/26/08 08:32 PM
I'm certain there are plenty of real estate agents, present company included, who are tickled pink over this development. Seems a lender agreed to a short sale and then tried to back out of the contract. Sound familiar to anyone?
Aurora Loan Services, based in Littleton, Colorado, has been sued by a buyer, Ribsy Productions, a Solana Beach, CA-based real estate company, for reneging on a short sale. The property is located in Tucson, Arizona. Apparently, Aurora agreed to a short-sale offer of $158,000 on a $587,000 secured loan. That's a 73% drop in the mortgage balance. Somewhere along the line, … (22 comments)

 
Eliz Rainmaker_large

Elizabeth Weintraub, Sacramento Short Sale Agent, Land Park, East Sac, Lyon RE

Sacramento, CA

More about me…

Top 1% at Lyon Real Estate #00697006

Address: 2801 J Street, Sacramento, CA, 95816

Office Phone: (916) 233-6759

Cell Phone: (916) 233-6759

Email Me

Broker-Associate at Lyon Real Estate, midtown Sacramento. Selling since 1974. Home Buying Columnist at About.com. Sacramento short sale agent.
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