Ar_home_b_search
 



preforeclosure: When is it too late to save a home from foreclosure? What NOT to do if owner wants to keep the house - 05/08/09 03:37 PM
This woman called me, clearly in distress. She's losing her house that she felt she shouldn't have bought in the first place. She saw me on HGTV's "What's my house worth" and was reminded that she wanted to talk to me.
NEGATIVE AMORTIZATION (Mistake #1)
When she was looking to buy a house, using money from her 401K as a downpayment, she fell in love with a house. Three times she was turned down by lenders who told her that with her income, she couldn't qualify for a loan. But a third lender told her that she can: with a negative … (5 comments)

preforeclosure: What can a property owner in distress do to keep her property? - 04/18/09 12:48 AM
Several prospective buyers and investors have contacted me about properties they have seen---and thought ---- were foreclosures because of info they found online in sites like RealtyTrac, and recently in ForeclosureRadar (California)
However, it is important to tell prospective buyers and investors that not all properties in distress are for sale. The property owners may have received a Notice of Default, or even a Notice of Trustee Sale. But not all is lost.
This may be a good time to review what a property owner can do to keep her property:
Forbearance. the lender may allow the property owner to pay … (2 comments)

 
Pacita Rainmaker_large

Pacita Dimacali - ePRO, SRES, CDPE, MBA Alain Pinel in Alameda County CA

Oakland, CA

More about me…

Alain Pinel

Address: 6211 La Salle Ave, Oakland, CA, 94611

Cell Phone: (510) 205-2992

Email Me



Listings

Links

Archives

RSS 2.0 Feed for this blog

Find CA real estate agents and Oakland real estate on ActiveRain.