ARCHIVED BLOG POSTS
2011
The U. S. Treasury and the Department of Housing and Urban Development have been charged by the president with the responsibility of developing programs to help distressed homeowners try and save their homes or, at the very least, avoid having a foreclosure and all of the problems associate with...
02/22/2011
El Dorado Hills, CA REO (BANK OWNED) SALES DATA FOR January 2011 This is a continuation of our over three year long monthly report on Bank Owned (REO) home sales data for El Dorado Hills, CA. This report covers Bank Owned homes sold in January 2011. There were 14 Bank Owned homes sold in Janua...
02/21/2011
Folsom, CA REO (BANK OWNED) SALES DATA FOR January 2011 This is a continuation of a three plus year study of Bank Owned home sales in Folsom, CA. This report covers REO homes sold in January 2011. There were 14 REO homes sold in January, down from 19 in December. The average days-on-market ...
02/21/2011
FINALLY: THE GOVERNMENT BANS ADVANCE PAYMENTS FOR MORTGAGE ASSISTANCE RELIEF SERVICES! It is unfortunate that there is a segment of our society that always takes advantage of those who are in need of help. These bottom feeders identify problem areas and develop scams to bilk unsuspecting indi...
02/14/2011
The Insanity Continues: Bank's Policy Prevents Qualified Homeowner From Making Payments With Government Assistance! Last month we published a post about the new KEEP YOUR HOME CALIFORNIA program. This program was designed to help California homeowners who lost their jobs by paying qualified b...
02/12/2011
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THE COST OF GETTING A MORTGAGE IS GOING UP! AND WE ARE NOT JUST TALKING ABOUT INTEREST RATES! A majority of real estate loans are purchased on the secondary market by Fannie Mae and Freddie Mac. These two GSEs (Government Sponsored Enterprises) set their underwriting guidelines and almost eve...
02/04/2011
Rainmaker
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125,574
Mike West
El Dorado Hills, CA CDPE, CNE, Licensed Loan Origi
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