Is it just me, or is every report on the economy and housing extra negative lately? The truth is, the real estate market has been catching much flack lately for it’s “poor” signs of recovery since last year, and rightly so. Looking at California Stats for May of 2011 vs last year we see a 14.4% […]
Is California growing a conscience?
April 9, 2010 by
Foreclosures, Short Sales, Loan Modifications and Taxes With so many California residents suffering from the economic downturn, loosing their homes to foreclosure, short sales and loan modifications, I’ve found it very disappointing that California would not follow suit with the Federal Governments Mortgage Debt Forgiveness Relief Act. The Federal provision bans the IRS from taxing forgiven […]
Loan Modification Frauds
February 3, 2010 by
What I want to share with you today is on the topic of loan modifications and more specifically using a third party to help you with a loan modification. The reason why I bring this up is because the California Department of Real Estate said it had revoked a record number of licenses in 2009. […]
A New Record For Defaulting Mortgages
November 17, 2009 by
A report this morning by CNBC showed the pace at which homeowners defaulted on their home loans slowed over the summer for the third straight quarter but the overall rate of delinquency hit a new high. Transunion, the credit reporting agency showed that for the months of July, August and September, 6.25% of all U.S. […]
THE REAL ESTATE BUSINESS HAS LESS TO DO ABOUT SELLING PROPERTIES AND EVERYTHING TO DO ABOUT HELPING PEOPLE.
