Ar_home_b_search
 



lenders: RESPA - New ActiveRain Group - 01/02/10 02:00 PM
RESPA has been a mine field on the Real Estate landscape since 1974.  It is legislation that was created to keep us all honest and protect the consumer.  Since that time, there have been a number of changes to the rules of RESPA - many of which have been met with resistance from one segment or another of the real estate industry...if not the industry as a whole.Well, on January 1st, 2010 the rules changed again and there is now a 'standardized' good faith estimate and a new HUD-1 - both of which are intended to further protect the consumers of … (19 comments)

lenders: Hemet - San Jacinto CA Short Sale: What is a Short Sale Package? - 12/09/09 08:10 PM
When a local Hemet - San Jacinto CA REALTOR meets with a local homeowner to discuss selling the home as a short sale, the topic of conversation turns to the documentation that the seller will have to produce to establish the fact that they can no longer afford to keep the home.  I often tell the homeowner it is as if they are un-qualifying for a home loan.
Each lender has their own formats of how they want the package submitted for their review and ultimate approval. Yes, you will find similarities between various lenders - but you must understand and … (4 comments)

lenders: Before You Buy a Bank Owned Home At Auction Read This - 08/03/08 03:18 PM

Lenders are doing whatever they can to sell their inventory of REO homes.  There are entire portfolios being sold wholesale for 60 to 70 cents on the dollar of the BPO price-which can be a great deal if you have $10 million or more to invest. 
Most homes are being assigned to REALTORS® like myself to list, market, maintain and sell the assets on the retail real estate market.  In the Hemet-San Jacinto Valley we saw the number of closed REO sales during the month of June 2008 exceed 70% of all the sales in this local market.  I am … (10 comments)

 
3-4%20headshot%20-%20040112 Rainmaker_large

John Occhi, ePRO, Temecula - Murrieta CA Real Estate, 951-443-6259

Murrieta, CA

More about me…

Exit Twin Advantage Realty

Address: 39755 Murrieta Hot Springs Rd., Suite G-110, Murrieta, CA, 92563

Cell Phone: (951) 443-6259

Email Me

ePro,John Occhi,www.johnocchi.com,realtor      Five Star Logo,Certification,REO,Five Star Institute

John Occhi CA Realtor's Facebook profile

Temecula & Murrieta Valleys, CA, real estate news, views and information provided to our community and agents.

Protected by Copyscape plagiarism checker - duplicate content and unique article detection software.

Real Estate Blogs Directory - Directory of real estate blogs and blogs of industries affiliated with and serving the real estate industry.



Listings

Links

Archives

RSS 2.0 Feed for this blog