bay area home for sale: ~*~JUST SOLD $1,050,000~*~504 ALAMEDA DE LAS PULGAS, Redwood City 94062
- 11/26/09 07:57 PM
Property sold withing 64 Days on the market. Stunning custom designed 5 Bed/4 Bath. approximately 3950 Sq. ft. of charming living space. Elegant finishes and materials. Open floor plan featuring three bedrooms two baths upstairs and two-bedroom one-bath downstairs,In-law unit with separate entrance.Beautiful hardwood floors, Double Paned Windows, Crown Molding and Skylights.
In the above maps earch, you can real estate market activities in Redwood City California. 56 homes sold within the last 90 days. … (5 comments)
A short sale is a real estate transaction that occurs when homeowner cannot longer make their house payments and want to sell their home at the current market value (to avoid foreclosure), which could result in most cases in a short pay off to the lenders, because the loan balance is higher than the current resale value.
If lenders are willing to accept less than the full mortgage payoff, the homeowner could then list the property with a real estate agent (agent should have experience with short sale). They short sale the property and … (7 comments)
bay area home for sale: First-time homebuyer's job layoff and disability Protection Program
- 04/02/09 09:12 PM
I have received an email this afternoon from my office manager at prudential in San Mateo California regarding The CAR Mortgage Protection Program. I thought what great news to share with you, first-time homebuyers who might be searching to buy your first home to take advantage of the current market opportunity, but are afraid of the possibility of losing your home if you lose your job or become disabling.
The Mortgage Protection Program is being offered by the California National Association of Realtor housing affordability fund (CARHAF) in an effort to motivate first-time homebuyers' confidence to purchase a primary … (3 comments)
bay area home for sale: Loan Modification Can HELP You Keep Your Home..............
- 03/05/09 11:16 AM
What is a Loan Modification? A loan modification is an agreement between the borrower and the lender to modify your current loan terms and payments. To qualify for a loan modification you must show that you have a financial hardship. Because of this hardship you will not be able to make your monthly payment. Here are some examples of financial hardship: job loss, divorce, salary reduction, death of a spouse or partner and serious illness of head of household.
If you are one of the millions of homeowners who are at risk of losing their home, you are not alone. … (6 comments)
Are you about to default on your mortgage? Have you processed short sales with SLS "Specialized Loan Servicing"? I have completed a lot of Short Sale with this company. I am currently working to close a Short Sale in San Francisco with SLS (Specialized Loan Servicing). I notice that they are difficult to work with. In this specific situation, SLS is the second lien holder, and Saxon Mortgage is the lien first. Here is the case, after covering all the closing costs expenses, the first lender (Saxon Mortgage) will get paid in full, because we were able … (11 comments)
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