default advocate: CalHAFA Elk Grove Short Sale Approved-Elk Grove Short Sale Information
- 10/10/14 03:18 AM
CalHAFA Elk Grove Short Sale Approved. Looking for Elk Grove short sale information? You have come to the right place. Mike Rigley Certified Default Advocateand your top Elk Grove short sale specialist here thank you for joining us. We had a short sale where Guild Mortgage was the servicer for a Cal HAFA backed loan. This young family had outgrown the house and still owed more than twice what it was worth. They had applied for and received a loan modification but even though the loan mod made the home more affordable it still did not meet the needs of their growing family. We placed the property up … (0 comments)
default advocate: Bank of America to Offer Some Homeowners Extra Assistance
- 10/09/14 02:00 AM
Sacramento Bank of America Short Sale Information. Sacramento Short Sale Specialist Mike Rigley. Under the $25 billion foreclosure settlement signed last month, Bank of America will offer to write down the loans of more than 200,000 underwater homeowners to market value, said Shaun Donovan, the Secretary of Housing and Urban Development, in an interview Monday with The Huffington Post. Other banks will also make these principal reductions, but are not required to offer as much relief, Donovan said. "This is a universal program with deeper principal reduction than required [of other banks] under the settlement," Donovan said. Bank of America … (1 comments)
default advocate: Keep Your Home California Transfer Assistance Program
- 10/08/14 01:29 AM
Elk Grove Short Sale Specialist, Certified Default Advocate, Distressed Property Expert and Elk Grove Short Sale Agent Mike Rigley here bringing you the latest Elk Grove Short Sale Information. Thank you for joining us. Today let’s talk about Keep Your Home California Transition Assistance program or TAP. Let’s say none of the other Keep Your Home California programs worked out for you or you did not qualify. Whether you opted to short sale or Deed in Lieu of foreclosure you may qualify for TAP. TAP provides one-time funds up to $5,000 to help eligible Elk Grove homeowners relocate into a new housing situation after executing a Elk Grove short sale or deed-in-lieu of foreclosure … (0 comments)
default advocate: CalHFA Elk Grove Short Sale Information -Whats my Elk Grove Home Worth
- 10/07/14 12:26 AM
CalHFA Elk Grove Short Sale Information. Looking for Elk Grove short sale information? You have come to the right place. Mike Rigley Certified Default Advocate, Distressed Property Expert and your Elk Grove short sale specialist here thank you for joining us. CalHFA Elk Grove Short Sale Information. Those who know us know we have had great success in helping distressed homeowners get out from under their over encumbered property. One of the lender / investors we like working with the best is the great folks over at CalHFA. Just this week I received a call from our negotiator. He had sent me a request for updated financials over a week … (0 comments)
default advocate: NEW FANNIE / FREDDIE LOAN MOD AVAILABLE - Sacramento Short Sale Info.
- 10/06/14 01:17 AM
NEW FANNIE / FREDDIE LOAN MOD AVAILABLE. Sacramento Short Sale Specialist, Default Advocate, Distressed Property Expert and Sacramento Short Sale AgentMike Rigley here bringing you the latest Sacramento Short Sale Information. Thank you for joining us. As reported in DS NEWS this week by guest commentary Daren Blomquist, VP at Realty Trac, starting July 1, large numbers of non-paying borrowers will have the opportunity to modify existing mortgages through a more streamlined process. Blomquist continues, This sounds like a good way to reduce foreclosures and prop up home prices, but as we will shortly see, the proposed program is oddly risky and likely to encourage additional defaults. According to the Federal … (0 comments)
default advocate: Greentree Fannie Mae Short Sale - Elk Grove Short Sale Information
- 10/03/14 01:32 AM
Greentree Fannie Mae Short Sale - Elk Grove Short Sale Information. Elk Grove Short Sale Agent Mike Rigley . Looking for Elk Grove short sale information? You have come to the right place. Mike Rigley Certified Default Advocate, Distressed Property Expert and your Elk Grove short sale specialist here thank you for joining us. We help not only distressed homeowners with saving their Elk Grove homes but we also coach and train fellow agents in the art of Elk Groveshort sales. Recently I had an agent come to me in distress. She was negotiating a short sale where Greentree was the servicer and Fannie Mae was the investor. Greentree had approved the short … (0 comments)
default advocate: Who owns your Elk Grove loan and Why it is important
- 10/01/14 01:54 AM
Today we are talking about who owns your Elk Grove loan and why it makes a difference. As you probably know the bank you are making the payments to seldom actually own the loan or note as it is referred to. When the bank does own the note that type of loan is called a portfolio loan because it is held in the banks own investment portfolio. For the most part your bank is more than likely acting as the servicer meaning they made or bought the loan or note and sold the debt to an investor but is getting paid to service the loan you know – collect the … (0 comments)
default advocate: Strategic Default - Sacramento Short Sale Information
- 09/30/14 03:48 AM
Looking for Sacramento short sale information? You have come to the right place. Mike Rigley Certified Default Advocate, Distressed Property Expert and your Sacramento short sale specialist here thank you for joining us. Let’s talk about Strategic Default. What the heck is that you say. To be brief, Strategic Default is when you can afford to pay for your Sacramento mortgage but the property is so far upside down that it just doesn’t make sense to keep paying. So let’s say you owe $400,000 and your Sacramento house is now worth $200,000. Based on normal appreciation you can expect to pay the property off before it is ever worth what … (0 comments)
default advocate: Wells Fargo America / America’s Servicing Company Elk Grove Short Sale
- 09/29/14 04:29 AM
Here is another great story about saving another home from foreclosure. This was an investment property that had gone wrong. The property had always been rented at a loss but the investors’ hopes were prices would appreciate and they would eventually make money on the sale. With prices plummeting and their own personal situation changing it just no longer made sense to keep the property. The sellers contacted us, we placed the property on the market and had offers within a couple of weeks. Now those of you who have dealt with Wells and ASC before know they can be … (0 comments)
default advocate: Sacramento Bank of America FHA Short Sale Information
- 09/26/14 01:28 AM
Sacramento Bank of America FHA Short Sale Information - Sacramento Short Sale Agent Mike Rigley Sacramento Bank of America FHA Short Sale Information. Looking for Sacramento short sale information? You have come to the right place. Mike Rigley Certified Default Advocate, Distressed Property Expert and your short sale specialist here thank you for joining us. We just closed another marathon Sacramento Bank of America FHA Short Sale. We honestly worked on this file for nearly 10 months. Keep in mind the Sacramento Bank of America FHA Short Sale Guidelines call for a decision to be made whether or not the borrower can participate within 45 days of submission and once the … (0 comments)
default advocate: Elk Grove Citi Bank Short Sales - Elk Grove Short Sale Information
- 09/22/14 04:17 AM
Elk Grove Citi Bank Short Sales. Looking for Elk Grove short sale information? You have come to the right place. Mike Rigley Certified Default Advocate, Distressed Property Expert and your short sale specialist here thank you for joining us. Elk Grove Citi Bank Short Sales. Who doesn’t love Citi when it comes to Elk Grove Short Sales? Of all the lender / servicers we work with none are as easy to work with as Citi. Doesn’t matter if it is a first mortgage, second mortgage or Home Equity Line or HELOC, Citi truly “gets” it. The powers to be seem to understand that a Citi Short Sale saves them money and have put systems and processes in … (1 comments)
default advocate: Sacramento FHA Short Sale Information - Sacramento Short Sale Agent
- 09/19/14 04:47 AM
Sacramento FHA Short Sales Information - Sacramento Short Sale Agent, Certified Default Advocate, Distressed Property Expert and Sacramento Short Sale Specialist Mike Rigley here bringing you the latest Sacramento Short Sales Information. Thank you for joining us. Let’s talk about Sacramento FHA shorts sales. Sacramento FHA Short Sales are a little different than traditional or HAFA short sales in that they are overseen by the Department of Housing and Urban Development or HUD. HUD rules and guidelines are unique. The HUD program is known as the Pre Foreclosure Sales Program or PFS for short and the General Guidelines are: -The Sacramento short sale must be an owner occupied sale -Must Be … (2 comments)
default advocate: Fannie Mae Sacramento Short Sale Escalations - Sacramento Short Sale
- 09/18/14 03:23 AM
Fannie Mae Sacramento Short Sale Escalations. Looking for Sacramento short sale information? You have come to the right place. Mike Rigley Certified Default Advocate, Distressed Property Expert and your Sacramento short sale specialist here thank you for joining us. Talk about a Hail Mary Pass in the closing seconds to save another homeowner from foreclosure. This was a Wells Fargo serviced / Fannie Mae owner loan that took us nearly a year and 5 buyers before we closed. We have had no less than four foreclosure sale dates postponed and I was sure there was no way Fannie Mae was going to allow number five. FannieMae had declined our buyer over a minor technicality and … (0 comments)
default advocate: Bank of America Short Sale Declined - Elk Grove Short Sale Specialist
- 09/17/14 03:29 AM
Bank of America Short Sale Declined. Looking for Elk Grove short sale information? You have come to the right place. Mike Rigley Certified Default Advocate, Distressed Property Expert and your Elk Grove short sale specialist here thank you for joining us. Elk Grove Bank of America Short Sale. Just saying it makes me shake my head. Now to be fair there are a lot of great folks over in the Elk Grove Bank of America Short Sale Department. Real caring honest individuals. And then there are those who would give any company a bad name. It is unfortunate that Elk Grove Bank of America Short Sale negotiators get painted with the … (0 comments)
default advocate: Chase Rebates on Sacramento Short Sales - Sacramento Short Sale Agent
- 09/16/14 02:35 AM
Sacramento Chase Short Sale, Sacramento Short Sale Agent, Default Advocate, Distressed Property Expert and Sacramento Short Sales SpecialistMike Rigley here bringing you the latest Sacramento Short Sale Information. Thank you for joining us. What is up with all the Rumors of banks giving away money to entice you to do a short sale in Sacramento? Well, in many cases it is the truth. Chase has a program where you can get as much as $30,000 when you short sale your Sacramento home. $30,000 – that’s a lot of money. The story is they own a number of portfolio loans that they have no idea where the documentation … (0 comments)
default advocate: Elk Grove Green Tree Short Sales Improve - Elk Grove Short Agent
- 09/11/14 04:31 AM
Elk Grove Green Tree Short Sales Improve- Elk Grove Short Sale Agent, Default Advocate, Distressed Property Expert and Top Elk Grove Short Sale Specialist Mike Rigley here bringing you the latest Elk Grove Short Sale Information. Thank you for joining us. Elk Grove Green Tree Short Sales Improve. You heard me right. Elk Grove Green Tree Short Sales, not often known for their speed or customer service has shown significant changes in the last couple of months. Elk Grove Green Tree Short Sales are known throughout the industry as being slow and difficult. We should know. We’ve completed dozens over the past couple of years. Our last couple of Elk … (0 comments)
default advocate: Sacramento Bank of America Short Sale Process
- 09/10/14 03:46 AM
Bank of America Short Sale Process. Sacramento Short Sale Specialist, Default Advocate, Distressed Property Expert and Sacramento Short Sale Agent Mike Rigley here bringing you the latest Sacramento Short Sale Information. Thank you for joining us. What does it take to successfully complete a Sacramento Bank of America Short Sale? Great question. And the answer is simple: A complete Sacramento Bank of America Short Sale package, a Fair Market value or close to it offer, persistence and a little bit of luck thrown in for good measure. That’s the long answer. The short answer is hire a Sacramento Bank of America Short Sale specialist who knows what they are doing. With Sacramento Bank … (0 comments)
default advocate: Sacramento Bank of America FHA Short Sale Package
- 09/08/14 02:33 AM
Bank of America FHA Short Sale Package Sacramento Short Sale Specialist, Default Advocate, Distressed Property Expert and Sacramento Short Sale Agent Mike Rigley here bringing you the latest Sacramento Short Sale Information. Thank you for joining us. Sacramento Bank of America FHA Short Sale Package – It is the difference between a quick no nonsense approval and a long drawn out affair. Let me elaborate. We had a Sacramento Bank of America FHA Short Sale where we had received the Authorization to Participate in just under 30 days. As you know an FHA Short Sale is a two-step process. Three if you really think about it. First FHA has to approve you for liquidation vs. retention which is short … (0 comments)
default advocate: Elk Grove CalHFA Short Sale Success - Elk Grove Short Sale
- 09/05/14 03:18 AM
Let me start by saying the CalHFA programs are great programs. They have helped thousands of homeowners get into their first Elk Grove home and through the Keep Your Home California program have kept thousands more stay in their Elk Grove home. They offer principle reductions, money to make you payment while unemployed, money to get you caught up if you fell behind and if all else fails, relocation assistance if you short sale or are foreclosed on. We have personally directed a number of clients to the KYHC program and even have a video series on its benefits. It is a good program if you qualify. … (0 comments)
default advocate: Bank of America Serviced Released Loans and Your Sacramento Short Sale
- 09/04/14 03:01 AM
Sacramento Short Sale Specialist, Default Advocate, Distressed Property Expert and Sacramento Short Sale AgentMike Rigley here bringing you the latest Sacramento Short Sale Information. Thank you for joining us. Today let’s talk about what happens when you get the message from Bank of America that your Sacramento loan has been “Serviced Released” “Serviced Released” that doesn’t sound so bad does it – or does it? Well if you are in the process of a Sacramento Short Sale, depending where you are in the process it can be disastrous. We all know that banks buy and sell servicing rights to each other all the time. It is a very common practice and … (0 comments)
Author Bio: Serving the Northern California counties of Sacramento, Placer, Yolo, El Dorado, Yuba, Sutter, Solano and San Joaquin, Mike and Jennifer Rigley, co-owners of the Rigley Realty Group, bring to you their experience of over 1500 closed transactions and combined 50 years of business and Real Estate experience.
High school sweethearts and married since 1979, Mike and Jennifer have been residents of Sacramento since 1981. After Mike’s honorable discharged from the US Coast Guard in 1981 Mike & Jennifer Moved to Sacramento working as a sales rep selling industrial equipment. Starting as a bread man for Rainbo Baking Company in 1984, Mike quickly rose through the ranks to lead the sales department as Director of Sales. Leaving the baking industry after nearly 19 years for real estate, Mike was Rookie of the Year for Coldwell Banker in 2004, leading all new agents for unit production. After nearly 19 years with the California Grocers Association, Jennifer joined Mike as they moved to Keller Williams Realty in the fall of 2005. As consistent top producers, Mike and Jennifer were ranked number 45 worldwide in 2008 with Keller Williams Realty and remain Top Producers within the Sacramento four County Metroplex . In 2018 Mike and Jennifer opened their own brokerage - the Rigley Realty Group.
In addition to successful business and real estate careers, Mike and Jennifer have three grown children. Crystal, a graduate of UC Santa Barbara with a Masters in Education, works as a High School teacher at Berkeley High in Berkeley CA; Stacey, a graduate of Cal Poly San Luis Obispo with her Masters from UCLA, is an architect in Southern California; and Michael is a highly sought after Motion Graphics Specialist in Los Angeles. With their children grown and gone, Mike and Jennifer continue to remain active in the community.
Their team approach and commitment to excellence ensures smooth and hassle free real estate experience.
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