flipping: San Jose Cambrian Broker Earns NAR Short Sales and Foreclosure Certification - 01/31/11 07:12 PM
This month I earned the NAR Short Sales and Foreclosure Certification. Here is a press release announcement ...
 
 
Paul Caloca Earns NAR Short Sales and Foreclosure Certification
Buyers and Sellers Benefit from REALTOR® Expertise in Distressed Sales
 
San Jose, CA — Paul Caloca, real estate broker with The Papas Group (DRE #01766524) has earned the nationally recognized Short Sales and Foreclosure Resource certification. The National Association of REALTORS® offers the SFR certification to REALTORS® who want to help both buyers and sellers navigate these complicated transactions, as demand for professional expertise with distressed sales grows.
According to … (0 comments)

flipping: San Jose Cambrian FHA Anti-Flipping Waiver Exteneded, House Flippers Get Going Again - 01/31/11 06:55 PM
The FHA has extended their anti-flipping waiver in order to move the inventory of REO homes to 12/31/2011. To qualify ...
 
All transactions must be arms-length, with no identity of interest between the buyer and seller or other parties participating in the sales transaction. In cases in which the sales price of the property is 20 percent or more above the seller’s acquisition cost, the waiver will only apply if the lender meets specific conditions. The waiver is limited to forward mortgages, and does not apply to the Home Equity Conversion Mortgage (HECM) for purchase program. What does that mean … (2 comments)

 
Paul Caloca (The Papas Group (DRE #01766524))

Paul Caloca

Scotts Valley, CA

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The Papas Group (DRE #01766524)



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