foreclosure: What is Cash for Keys?- - Tracy & Mountain House Questions Answered
- 05/08/11 07:10 PM
What is Cash for Keys? Otherwise known as "Relocation Funds"? I was asked today if I'd heard of "Cash for Keys" this by a short sale seller. This made me think there are others who have this question.... Cash for Keys is just what is sounds like. Someone gives you CASH (or a check) and you give them KEYS (the keys to the property you are occupying.) Cash for Keys can be given to a tenant, a home owner, almost anyone who is living in the property. The amount of Cash for Keys can vary from circumstance to circumstance, bank … (5 comments)
foreclosure: What would you do? This is becoming more the norm in Mountain House, CA
- 05/06/10 05:16 PM
What would you do? This is becoming more the norm in Mountain House, CA 6 or the 17 new listings in Mountain House, were occupied by tenants. The MLS instructions are very clear. "No Showings, write offer subject to viewing". Of these 6 properties, 4 are "flips" and 2 are REO's. Yes, really. This is a new phenomenum that the housing market in Mountain House appears to be bearing. Banks and investors sellers are putting their Mountain House Homes for Sale on the market before it is vacant or available. One such home in Mountain House had previous tenants turn down … (5 comments)
foreclosure: Is it Immoral, lacking in Integrity to Stop Paying Your Mortgage?
- 10/08/09 05:34 PM
This question - Is it Immoral or lacking in integrity to STOP paying your mortgage? This question has been asked over and over again. I'm not here to give an answer. I do know that in my communities of Tracy and Mountain House, CA the real estate market has taken a 50% dive in the past 3 years. Numerous home owners have asked this question..... Here are a couple of things to consider.... 1) The homeowner didn't borrow money from grandma, friends and then say "Sorry not paying you and you can't have anything of mine." 2) This was a bilateral … (8 comments)
foreclosure: Are you facing Foreclosure or a Short Sale and do you know the difference!
- 08/03/07 07:09 PM
First, you are not alone if you are in a situation where your payments are more than you can handle. You are not alone if you fear you may lose your home. You do not need to feel ashamed or embarrassed, bad things happen to very good people. What you do need is someone who understands, is compassionate and that can HELP! Let's start with a definition. Foreclosure, the sheriff comes to your home and escorts you out. The bank "reposses" your home and sells it on the court house steps for hopefully the loan amount. This is not pretty, this will damage … (2 comments)
foreclosure: Options if your loan is adjusting
- 07/21/07 05:11 AM
Life comes at your fast. Now, what? Many people who bought homes in the past 3 years with starter rate adjustable loans are going to see those loans adjusting soon. What happens when that new payment is one that is no longer affordable? What are the options? Foreclosuer - that means the sheriff comes and kicks you out, the bank takes back your home and you have to find somewhere else to live. Foreclosure can also affect your car insurance, your employment, finding rental property, getting a credit card, even getting a checking account. Foreclosue is NOT a great option. Short Sale - … (0 comments)
Helping people is what I do. How can I help you? Are you looking to buy in Northern California? What about selling, do you have questions about short sales or foreclosures? Do you need to short sale your luxury home? Confidentially CALL ME.
What is Cash for Keys? Otherwise known as "Relocation Funds"? 
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