BANK OWNED (FORECLOSURE/REO) HOME SALES DATA FOR EL DORADO HILLS, CA – APRIL 2012 - 05/25/12 03:40 PM
BANK OWNED (FORECLOSURE/REO) HOME SALES DATA FOR EL DORADO HILLS, CA – APRIL 2012
 
This is the latest monthly report of our more than four-year study of bank owned (foreclosure/REO) home sales in El Dorado Hills, CA.  This report covers April 2012.
 
There were 11 bank owned (foreclosure/REO) homes sold in El Dorado Hills in April, three less than in the previous month. 
 
The average days on market increased from 47 in March to 49 in April, yet only one of the homes had been on the market for over 100 days. Only one the homes that … (1 comments)

BANK OWNED (Foreclosure/REO) HOME SALES DATA FOR FOLSOM, CA – APRIL 2012 - 05/25/12 03:35 PM
BANK OWNED (Foreclosure/REO) HOME SALES DATA FOR FOLSOM, CA – APRIL 2012
 
This is the latest monthly report of our more than four-year study of bank owned (Foreclosure/REO) home sales in Folsom, CA.  This report covers April of 2012.
 
There were 10 Bank Owned (Foreclosure/REO) homes sold in Folsom this month, exactly the same number as in the previous month.
 
The average days-on-market decreased from 36 the previous month to 30 in April. None of the homes had been on the market for over 100 days, and only 20% of the homes that sold were on the market … (1 comments)

MORTGAGE FRAUD STILL RUNNING RAMPANT - 05/05/12 12:21 PM
MORTGAGE FRAUD STILL RUNNING RAMPANT
The Federal Trade Commission continues to monitor mortgage fraud scams. One of the newer iterations is what they call the “Mass Joiner Lawsuits.”
Naturally, the target is the struggling homeowner.  They lure their victims with promises of using legal tactics to forestall foreclosure, reduce mortgage balances, lowering the existing interest rates, or restoring borrower’s credit.
The perpetrators purport to be law firms, according to a consumer alert by the Federal Trade Commission’s web site.  Some have only one attorney on staff and others have none.
The firms charge up front fees ranging from a few thousand … (2 comments)

 
Mike West -El Dorado Hills, CA CDPE, CNE, Licensed Loan Originator (Heritage Oak Properties) Rainmaker_large

Mike West -El Dorado Hills, CA CDPE, CNE, Licensed Loan Originator

El Dorado Hills, CA

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Heritage Oak Properties

Address: P.O. Box 5571, El Dorado Hills, CA, 95762

Office Phone: (916) 337-0658

Cell Phone: (916) 337-0658

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