short sales: TRUSTEE SALES - 02/03/09 12:25 PM
How many of you have noticed the trustee sales lists in the back of the paper?  If you really pay attention you will start to notice that 90% if the trustee sales are from Hispanic homeowners.
This is a shame that this ethnic group was targeted by the lending institution.  They were not informed properly.  They were not given the whole picture.  They were promised a dream and then it was taken away. Home ownership is a dream to many thought to be totally out of reach.
Then our lenders came up with this adjustable rate system to give everyone a home … (1 comments)

short sales: HOPE FOR HOMEOWNERS IN A SHORT SALE SITUATION - 08/05/08 01:34 PM
"Hope for Homeowners" is a short-sale refinance intended to allow distressed homeowners keep owner occupied homes from going into foreclosure.  There are a lot of moving parts to this bill and the homeowners will have to agree to an equity share for five years after they refinance into this loan.  The mortgage holders are NOT required to participate in the program. 
 
Basic principles are:
•·         Principal residence only.
•·         Borrowers certify that they did not intentionally default on the mortgage for the purpose of obtaining the HOPE loan.
•·         Borrowers mortgage debt-to-income ratio (including all existing mortgages) as of March 31, … (0 comments)

short sales: 8 REASONS WHY YOU SHOULD WORK WITH A REALTOR - 07/25/08 05:34 AM
8 Reasons Why You Should Work With a REALTOR®
1. Navigate a complicated process. Buying or selling a home usually requires disclosure forms, inspection reports, mortgage documents, insurance policies, deeds, and multipage settlement statements. A knowledgeable expert will help you prepare the best deal, and avoid delays or costly mistakes.
2. Information and opinions. Realtors® can provide local community information on utilities, zoning, schools, and more. They'll also be able to provide objective information about each property. A professional will be able to help you answer these two important questions: Will the property provide the environment I want for a home … (0 comments)

short sales: LETS TALK ABOUT FORECLOSURES! - 07/17/08 09:39 AM

 
Be prepared to have money to repair.   After viewing many homes in foreclosure, I have learned that once the bank foreclosed on a home, the people that formerly owned the home took EVERYTHING WITH THEM. 
You will need to replace appliances, carpet and paint almost every one.  Some people took the new kitchen cabinets and left the old ones.  One home took the bath tub and then walled in where it used to be.  Some even removed the new sod in the back yard.   You need to either bring enough money to the table to do repairs and replace items or add extra to your loan … (0 comments)

 
Elissa Davey, San Diego County Realtor  (Carnevale Real Estate)

Elissa Davey

San Diego County Realtor

Vista, CA

More about me…

Carnevale Real Estate

Address: 2766 Laning, San Diego, CA, 92106

Office: 760(805) 905-8105

Mobile: (760) 805-9058



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