tracy home loans: MakretWATCH Tracy: 20 July 2016
- 07/20/16 04:48 AM
There were 33 homes newly listed in Tracy this week, with several coming back on the market or having price adjustments. They range in price from $189,000 - $1,475,000, wiht an average of $497,000. These homes range in size from 800sf- 3779sf. FEATURED PROPERTIES 2353 Joseph Damon $370,000 - MLS# 16046791 Charming 3 bedroom/3 full baths. One bedroom and one bath on first level. Two master suites on upper level. Large size yard with possible RV Parking. New Engineered wood floors, New tile on entry way, New Interior paint, New Carpet. Click here for listing details
1914 Raven Ct $475,000 - MLS# 16046425 Immaculate executive home! Located in … (1 comments)
tracy home loans: Facing foreclosure First the good news
- 01/10/11 07:21 AM
Tracy CA – It takes a lender months to foreclose on your house. I have seen some lenders take 2-3 years to foreclose on a house. There are two reasons this is happening. First, there are a lot of people unable to make their payments. Second, the court system is backed up. This gives you plenty of time to negotiate a loan modification. Discover how to negotiate a loan modification here. Here are a few examples. I have seen many lenders wait up to a year to file for foreclosure. The homeowner stopped making their payments in January. Their lender didn’t file … (2 comments)
tracy home loans: Tracy Loan Modification Don't allow your lender to take advantage of you.
- 01/10/11 07:15 AM
Many people think you will have a better opportunity of getting a loan modification if you pay up some of your back payments. It all depends on who you are talking to at your lender. When you first get behind on your payments, you will be dealing with the collections department. In my opinion, these people will tell you anything, just to get you to pay a dime. Let me explain. Their job is to collect as much money as possible. It’s in the lender’s best interest to get you to pay them anything. They don’t want to approve a loan … (0 comments)
tracy home loans: Do I Qualify For A Loan Modification
- 01/10/11 07:12 AM
If you can’t afford your house payment, or are in foreclosure, then you should ask your lender for a loan modification. Many Stockton Homeowners are getting their loan modifications approved. However, it takes a lot of work. You may qualify for a loan modification if you are at risk of near default. Has your income recently been reduced? Or, is your interest rate about to re-set to a level you cannot afford? In these cases, you probably qualify for a loan modification. This is true even if you are not yet behind on your payments. Are you looking for Stockton Loan … (0 comments)
tracy home loans: Is The Fox Is Watching the Henhouse
- 01/10/11 06:58 AM
Tracy CA – It appears that Bank of America is getting for another bailout. We had a short sale where the first mortgage is Fannie Mae. Fannie Mae Short Sale Guidelines stipulate that the maximum any junior mortgages can be paid is $3,000. However, the negotiator set it up so the second mortgage is getting paid $5,700. It just so happens that the second appears to be owned by Bank of America. In my opinion, it looks like the fox is watching the henhouse. It appears that in a roundabout way, Bank of America is getting a bailout from Uncle Sam. … (2 comments)
tracy home loans: Why Does a British Bank Do A Better Job On Tracy Short Sales or Tracy Loan Modifications Versus the American Banks
- 01/10/11 06:53 AM
Tracy CA – We recently talked to someone who did a Stockton loan modification with HSBC. We couldn’t believe how easy the process was for them. They didn’t have to wait 60 days for a person to be assigned to work on the loan modification. They didn’t have to fill out an entire “package”, the fax machine actually worked, and everything went smoothly. I’ve have good experiences on HSBC short sales. Obviously they also do a good job on loan mods. Now, let’s contrast this with a large American Bank, such as Bank of America or JP Morgan Chase. Bank of … (0 comments)
tracy home loans: The Biggest Reason Tracy Loan Modifications Fail
- 01/10/11 06:46 AM
Tracy CA – Shocking Fact: Most banks don’t own the loans they are handling.In fact, one of the “Big Four US Banks” only owns around 20% of the loans they hold. They are handling the other 80% as a servicer. The actual owner might be Fannie Mae, Freddie Mac, a Wall Street Trust, or a pension fund. A servicer acts as a trustee for the actual investor. They collect the payments and handle the “Lender” Functions. They then forward the money to the owner of the loan each month. The lenders get paid the same amount of money whether they do a … (0 comments)
tracy home loans: Why January is a great time to buy a home.
- 01/07/11 02:13 AM
Stockton CA – If you are looking to buy a home, then you probably want to get the best deal. January is the best time to be purchasing a home. Let me explain why. A lot of people put their homes on the market in January. In addition, there are very few people looking to buy a home in January. This is because most of the people transferring for a job have already bought a home. Their companies want them to have purchased by the end of the year so they can write it off on the corporate tax bill. Discover … (0 comments)
There were 33 homes newly listed in Tracy this week, with several coming back on the market or having price adjustments. They range in price from $189,000 - $1,475,000, wiht an average of $497,000. These homes range in size from 800sf- 3779sf.
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