how to stop foreclosure: California Assembly Bill 1639 Requires a Foreclosure Mediation Mortgage Workout Program or “MMW” - 06/04/10 12:40 PM

You know…the more we read about CA the less I am concerned that we are the litigious state that we have the esteemed label of being.
Lot’s of new laws hitting the Halls of Sacramento for consideraton…laws that have already been in place in many other states nationwide…Is CA behind the Legal Eight Ball? 
Here’s another bill
Coming to the CA assembly floor this week.
Allows for the homeowner to have a Face to Face with their Mortgage Company with the assistance of a mediator… Process begins when the borrower receives a Notice of Default or NOD. Borrower will recieve … (0 comments)

how to stop foreclosure: 50% of Loan Modifications Result in Defaults…Homeowners Turning to Short Sales... - 02/05/09 03:01 AM
Short Sales for 2008 hit an all-time high in Arizona, Nevada, California and Florida.
Home Values Plummet $2 Trillion in 2008 With a rising number of adjustable-rate mortgages on the verge of resetting, continued economic instability and plummeting housing values, the Federal Reserve predicts that new foreclosures will reach about 2.25 million the next twelve months.
In 2008, distressed property sales (Foreclosures and Short Sales) comprised 40% of U.S. home sales. A Short Sale occurs when a lender agrees to accept less than is owed on a home loan.
With these staggering predictions, call me crazy…but you  would … (0 comments)

how to stop foreclosure: The Housing Crisis…Meat lovers & vegitarians agree at the lunch table... - 02/04/09 02:51 PM
Really, no matter where we are for lunch, the next table over is discussing the housing dilemma! There have been a few times that I wanted to put in my “two cents” but at the risk of being called an eavesdropper….
Here in the Inland Empire, we are all painfully aware of the economic stress that has hit.  Just look around the neighborhoods you live in and the nearby shopping malls.  There empty! I counted 9 empty store fronts just in the Home Depot center near my house.  On the way home at least 20 for sale signs in yards, and … (0 comments)

how to stop foreclosure: It's not about being the most Popular when it comes to choosing a Real Estate Agent for your Short Sale! - 08/29/08 12:52 PM
Choosing A Real Estate Agent, Once You Decide To Short Sale Your Home… August 29th, 2008<!-- by Admin --> · No Comments If you have made the decision to do a short sale, there is another tough decision to make. Representation. Who are you going to use to represent you in the sale of the home, negotiate, and do whatever it takes to close the sale (within legal parameters, of course).
In days past, sellers chose real estate agents using what I call “voted most popular”. You know, if you see their face every where they have to be really good … (0 comments)

how to stop foreclosure: IndyMac...Short Sale Approval!...No NotvReally, Well, Ok But...It's Gonna Cost You! - 07/24/08 02:02 PM
Not that you want an education on Short Sales, I know to some people it's like speaking a foreign language.  I'll try not to bore you, but just a little insight that will hopefully help you to understand just how amazingly Crazy this day has been.  Often during the Short Sale process we get offers that are higher than asking price. That usually happens when the home is in a very desirable area or well priced.  We just had one sell in Rancho Cucamonga that fit into that scenario.  The buyer was blessed with an excellent price for the home and … (8 comments)