HAFA UPDATE, Release of Subordinate Liens. This is a much needed change. Prior to this update if you had a 2nd loan on your home HAFA would pay the 2nd lender 6% of the balance owed up to a maximum payment of $6,000.00 This formula would not work well on loan balances under $100,000 Example -
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12/31/2010
HAFA UPDATE, from your Short Sale Specialist. A good and major rule change to HAFA. Prior to now to be eligiblefor the HAFA program you were required to be occupying the property. If you had to relocate or rent the home,you did not qualify! Here's the new verbiage.... To be considered for HAFA,
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12/30/2010
California Senate Bill 94 (SB94): Passes; Not Even attorneys can do it now! In an emergency procedure California Governor Schwarzenegger signed into law Senate Bill 94. This bill stops advance fee collection on all further loan modifications, even through attorneys. This bill came about due to
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12/30/2010
DO you have a Carbon Monoxide Detectors installed? It's required by law in California. Just in-case you missed it. Senate Bill 183 was signed into law by Arnold Schwarzenegger.In a nutshell,if your personal home or rental has a gas heater,stove,dryer or water heateryou are required to install a C
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12/28/2010
NEED new buyer for this Short Sale Home.Large 5 bedroom home in Murrieta Calif.Backs to open space next to golf course! Short Sale Specialist Sidney Kutchuk will get this one approved for your buyer,bring your qualified buyer and we will do the rest. Priced at $289,663.00 Short Sale Special Ov
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12/28/2010
Bank America is trying something new again.Below is a copy of an email I received from Bank of America today. Short Sale Welcome Call Thank you for initiating a short sale with Bank of America. Our welcome team will be attempting to contact you within the next five business days. This team i
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12/27/2010
Find a rental home in Temecula,CA Looking to rent a home in the Temecula or Murrieta Area?WE can help you. Call or email us for local homes for rent. www.RealtyWrks.com or (951)676-4663
12/24/2010
It will be law soon.Might as well buy a Carbon Monoxide detector now.If you manage properties make sure your rentals also all have them installed. Watch the big box store add's. They are often on sale for less than $20.00 each. BE SAFE. Carbon Monoxide - The Silent Killer Prompts a New Law in Cal
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12/24/2010
Did you have a "Pick-a-Pay" loan with World Savings or Wachovia? Well Fargo who has taken over these loans has come to an agreement with the CaliforniaAttorney General to provide over 2 BILLION Dollars in home loan mods to California home owner'swith the Pick-a-Pay loans. There are an estimated 1
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12/23/2010
I can't believe this!! I am trying to close a sale today with CHASE,they will be PAID IN FULL! No short sale,PAID IN FULL, including all late fee's,attorney fee's,and foreclosure fee,s.This home will go into foreclosure if not closed by the 23rd of this month. We go to close today and the title
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12/22/2010
