Go to the ocwen.com

Even if this is the first time you have been to the site you need to click on the Log in to Offer account  if you want to register.  This will help later because you will already have an established password and log on.

Now fill in the information on user registration.  And I'm sure all of you have this on hand it is no different from any of those BPO websites we have all been signing up on.  "Just the facts mam"

And your done!  Now when you log on you will see all of your offers with ocwen. But it will not tell you what stage you are in the biding process it just tells you how many you have active at that point.

Now what nice Bank owned agent will tell you at the drop of a hat not only how many offers you have with them but where they stand in the biding process.

You will have to go back threw the website to the properties and see where your bid stands.

To see how to do this go to "How to search for properties on Ocwen.com"

Sandy Schweiger
Sandy@1ReoGirl.com
(530)878-0321

For those of you out there that may or may not know a lot of the banks have taken a new direction with their websites.  Ocwen is one of them so I decided to write a blog about it and provide the steps it took to search for my clients.

Go to the website at Ocwen.com

 Click on Properties for sale.

Then on Residential Properties

Now find the state you are looking in

View property list

Now find the city you are looking.  Sometimes this can take a while especially if your city has allot of properties.  Just keep in mind the bedrooms and square footage.  This will cut down on some of the unnecessary clicking.

After you found your city click on the long number to the left of the state and city.

And here you go!  The best part is you can see if there are already offers in on the property and what they are.  Remember every offer is the NET offer if you ask for anything like help with the down or other needs and wants that will be take off the banks NET and that will effect you standing when biding agents many agents. 

Be sure you have the below information on hand about your client.

• Name of signers on contract
• Address and phone number
• E-mail address of client
• FICA score - Even for your cash buyers

Hope this helps enjoy buying bank owned!  This is an amazing time to be in Real Estate!

Sandy Schweiger
(530)878-0321
Sandy@1ReoGirl.com

This REO (Real Estate Owned) Bank owned property is located in the lovely town of Colfax.
With the charm only the California foothills can bring this home is perfect for a first time home buyer. 

MLS # 90026753
Bedroom - 4
Bath - 2
Sq. Foot - 2008
Price per Sq foot- 92.13
Year built - 1956
Acres - 0.69
Pool - Yes
Garage Spaces - 1
RV Possible

Colfax Elementary
Colfax High School

US Loan Auditors can help ask me how!

They search for victims of predatory lending violations and file lawsuits on the behalf of your client.

As much as 90% of all loans from 2001-2008 contain Predatory Lending Violations.

If you, your present or past clients or someone you know has any of the following, we may be able to help:

1. Stated Income Loan
2. Liar Loan
3. Adjustable Rate Mortgage or ARM
4. Negative Amortization Loan or NegAM
5. Pick-a-Payment loan
6. Prepayment penalty
7. Excessive fees
8. If they were never fully informed of their terms or conditions.

They can help any client who is a victim of predatory lending whether or not they are in default, real estate investors or fully able to make their payments.

Benefits of US Loan Auditors

Immediate Benefits During Litigation

1. FULL Money Back Guarantee if the case doesn't have enough merit.
2. STOP FORECLOSURE PRECEDINGS
3. STOP ALL CALLS and negative reporting to credit bureau agencies
4. STOP ALL PAYMENTS IMMEDIATELY IN LITIGATION 

A customary settlement could include  

1. Principal balance reduction
2. Interest rate and terms are modified
3. Some or all of the closing costs paid at closing are returned to the borrower
4. Some or all monies paid for the interest are refunded to the borrower
5. Borrowers attorneys fees are paid by the lender
6. Punitive damages can be awarded to the borrower
7. Removal of any derogatory credit that was reported by the lender

Services Provided by US Loan Auditors

1. FREE 5-10 min interview to establish basic merit.
2. If there seems to be merit then a preliminary review of ALL of your loan documents to determine if there is enough evidence to move forward with a forensic audit of the file free of charge.
3. MONEY BACK GAURANTEE of a forensic audit of the file reviewed by senior underwriters and auditors with as much as 30 years of finance experience.
4. A consultation with an attorney that specializes in predatory lending law as to whether or not the case is worth filing a lawsuit on.

Call me now if this sounds like you or someone you know.  (530)878-0321

 I recently attended a presentation conducted by Insurance agent Frank R. Lewis, where I learned some valuable information regarding the importance of securing homeowner's insurance early in the escrow process.  It seems many companies are no longer writing insurance in parts of California due to the risk known as the "Wildfire Zone".  Not only is homeowner'sinsurance a wise idea, it is also a necessary requirement whenever a buyer is obtaining a home loan.  Unfortunately, many buyers wait until the last minute to obtain insurance for their home purchase which can result in the delay or inability to close escrow.   

In addition this is very useful information for your buyers packet in order to help the buyer understand that there are some guidelines when shopping in certain areas.

Sandy Schweiger

 What can you do?

•     Work with a local insurance agent that is familiar with the area where you are purchasing your home

•      Contact your insurance company immediately upon acceptance of your offer and ask if the property is located in that company's "Wildfire Zone".

•      Ask your Insurance Agent to submit an application to obtain pre-approval and "Binding Authority" from underwriting.  (Not just verbal approval.)

•      Ask your Insurance Agent to inspect the property to determine if any of the underwriting requirements need to be met.  This knowledge would be great to have during the purchase contract inspection period so you can negotiate with the Seller to fix these required items.

When determining risk, insurance companies look for many of the items in the following general
checklist *:

• ROOF:

      Do all structures have an approved roof type? (Wood is not approved)

• VEGETATION:

      Are all structures over 300 feet from any combustible vegetation?

• ACCESSIBILITY:

     Is the street PAVED and over 25 feet wide?

     Is there PAVED access to all structures from two directions?

     The risk is NOT located in or accessed through a steep, narrow canyon?

  • FIRE DEPARTMENT:

    Is the fire department a 24-hour responding station?

    Is the risk within 5 miles of the responding fire station?

    Is the risk within 1,000 feet from a hydrant?

    If no hydrants, what is the fire fighting water source?

   Are the eaves on all structures enclosed?

   All structures do NOT have wood siding?

• ADDITIONAL UNDERWRITING CONCERNS:

   Are all structures situated on an approved foundation, and not on cantilevers, stilts, or pilings?

   Are all raised decks kept clear of accumulations of combustible materials?

   Is the structure visible from a public road, is the address clearly posted at the driveway entrance and is  the driveway able to accommodate emergency vehicles?

* The above list is provided for general information purposes only and depending on underwriting practices may not be an all inclusive list of requirements.   Use this list to be proactive in determining potential "red-flags" that may render a property uninsurable.

Homeowner's insurance is one of the many items you will need to address during the escrow process.  The sooner you contact your Insurance Agent after opening escrow, the easier the process will be. 

About Frank R. Lewis State Farm

Frank has been a State Farm agent for 27 years.   His office is located in Auburn, California.  His team strives to help people manage the risks of everyday life, recover from the unexpected and realize their financial dreams.  For more information, visit www.FrankRLewis.biz or contact 1-800-234-5330.

I get comments like this weekly.  Some clients still believe if they use an agent that is older they have more success but the truth is they more often then not are still selling homes the old fashionedway and not using the Internet for all its possibilities.

Even if you haven't had to file a tax return for many years due to being on Social Security you can still qualify for the infamous Stimulus Payment.

But, you must file a tax return for 2007 to get the Payment even if you show no tax due.

If you didn't file on by April 15, 2008, you could have filed one with an extension, or even file late after April 15, 2008 and claim your refund of at least $300 for single persons or $600 for married.  But you must file!!

Those who are not seniors are eligible too.

All you need is to have earned income or certain veteran benefits of more than $3,000.  The amount you will receive is dependent on several factors, such as how many children, too large of an income, etc. 

As always check with your tax advisor.

This information has been provided by

Richard H. Duncan, CPA
233 So. Auburn St., #265
Colfax, CA  95713
(530) 346-8566  Tel
(530) 346-8577  Fax

 www.rhd-cpa.com

 When I moved to Auburn almost 18 years ago I came fully equipped with 1 dog(dog), 1 cat (digger) and 1 horse (monkey) and they all needed food and supplies.  After spending a very short amount of time testing the areas feed stores I found and fell in love with the warm family atmosphere of Echo Valley Ranch.  At that time it was located at the corner of Epperle and Auburn Ravine the building itself was a cold warehouse but inside you where greeted with warm smiles and honest information about area animal vendors. 

Since then the family has grown; moving the store to their now current location at  
205 Nevada St. Auburn, Ca offering the lovely Penny that runs everything like a machine leaving Gregg the opportunity to visit not only with the families looking to pick up a chick for Easter but the local vendors bringing in all the quality feed and supplies. 

I will be brining you a little bit of Echo every month offering you most up to date information on all the best prices for quality dog food, horse supplies, and my favorite a yearly spotlight on the
local trainers that shop there.

Here is this months specials!

 Free TUB with purchase of large bag of Eukanuba

And $3.00 off at the register

Echo has everything you need!

But don't forget about the horses

Orchard - Three Grain - Alfalfa - 50/50 Grass - Straw

Echo Valley Ranch are proud to support the World Famous 100-Mile Tevis Cup Endurance Ride.

So stop by and take a look if you don't already have animals

Echo Valley Ranch will be happy to supply you with some : ) 

When people go on and on telling me how busy they are and how many errands and meetings they have to keep I can’t help but wonder are you just moving the furniture in the living room around while your kitchen is on fire?

You see most people keep busy with the semi important stuff and completely avoid the things that can truly burn your business and life to the ground and that is proper accounting, we all hate it but we all know it is truly the ultimate decision makers in the difference between a good year and a bad one.

Something to look forward to shifting the responsibility of keeping stupid receipt from a lunch over 3 weeks ago in order to finally implement the infamies write off and ultimately put the receipt in its home for the remainder of the year.

If you just put accounting on your dream board or even you refrigerator as a want instead of avoiding it like fire eventually you will find the deference between moving furniture and putting out a fire.

Remember everyone has a different level of priorities this is for those of you that need just a few ideas :)

1.   Just a few minutes every morning during your visual training and visualize yourself doing your accounting I know everyone want to visualize driving that fast car but this is what gets you the fast car proper accounting on a daily and monthly bases.

2.  Wake up to the belief that you will open you accounting software just like you open your email.

3.  Keep your receipts in an easy to find place in your car as well as your office ask a friend to help ;)

4.  Ok I have nothing please just do it and you will never regret it!

Both my boys went to this enchaining School Sierra Hillsand I have never felt so much love and care for the true dedication to helping new families understand the benafits of quality in a good education and excellent teachers.  I could spend this entire blog on thank yous to current teachers that are still there as well as past teacher that have been let go due to budget cuts : (   thats not what this is about. 

Lets talk Kindergarden sign ups on-line for you soon to be relocating to Meadow Vista California. 

You will need a few things

1. Birth certificate
2. Immunization record
3. Proof of residence
4. Completed registration packet
5. Sierra Hills is also accepting out of district transfers

(530)878-0321