A short sale can be an optimal way for a distressed homeowner to get out from under a mortgage that they can no longer afford. Proactive homeowners can use a short sale to prevent foreclosure and avoid the black mark on their credit rating that foreclosure brings - all important moves here in San
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05/21/2011
Short Sale with Dignity http://www.SantaCruzCountyShortSales.com If you are facing foreclosure and considering a short sale, there is much more to think about than just numbers, credit repercussions, and finances. There is your self-worth and sense of pride to make allowances for as well. The t
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05/20/2011
I want to share with you the latest about Vacation Rental Ordinace. Santa Cruz County has curbed the right of homeowners to use their homes for economic benefit as they see fit. This is so screwed up as we now have more government interference and regulation. So if you are considering buying a v
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05/18/2011
Here are some documents that may help you understand the HAFA guidelines Hire a shorts sale expert http://www.SantaCruzCountyShortSales.com NEW HAFA Directive 12-28-10.pdf Forms and Guidelines NEW ****Fannie and Freddie as of 8-2010 have their own version of HAFA Quite possibly because HAFA and
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05/14/2011
http://www.SantaCruzCountyShortSales.comHAFA short sales have completely different qualifying factors than a traditional short sale. Here is a summary of the main differences between a HAFA short sale and the traditional short sale. Qualifications-Traditional Short Sale- Each homeowner situatio
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05/14/2011
I have been asked to explain a specifc type of short sale: http://www.SantaCruzCountyShortSales.com HAFA sounds like half the-yet a HAFA short sale is hardly ever half the time to complete as compared to a traditional short sale. You may wonder about the HAFA short sale.Maybe you have heard abou
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05/14/2011
Santa Cruz County third most expensive in nation: Renters waiting for economic recovery The median sales price for a home has plummeted 40 percent in four years, but rents have not. In Santa Cruz County, a full-time worker must earn $33.27 per hour to afford a modest two-bedroom rental, according
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05/13/2011
Fannie Mae announced it will pay up to 3.5 percent of the sales price of a home purchased through its HomePath REO program, towards a buyer's closing costs. Attorneys and Realtors who have tried to represent buyers of a Fannie Mae REO are probably shaking their heads and asking, "Why are they
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05/11/2011
Bank of America-will have no more BPOs (Broker Price Opinion) Late Friday I spoke with a Bank of America negotiator who's in Delaware. She reported many changes are coming to BofA, one of them, no more BPOs or appraisals....they are moving into using AVA or AVM (like Zillow). Can you imagine how
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05/11/2011
