The Federal National Mortgage Association also known as Fannie Mae announced plans to assist military families stuggling to keep up with their mortgage payments due to death or injury of a service member. The plan outlines a 6 month reduction or even suspension of their mortgage payments to allow these families to get back on […]
Does Wells Fargo Email Signals “End Of Short Sales”
September 22, 2010 by
Short sales have dominated the housing market for the past few years with up to 50% of properties for sale in some areas of the country. This trend seemed poised to remain constant until I received an interesting email. Earlier this week, real estate agents who had been working with Wells Fargo on short sales all received a generic […]
Foreclosure – A Safe Place To Know Your Options
August 16, 2010 by
In this volatile real estate market we’ve been experiencing for the last few years, we’ve all been affected by it in some way or another. With most of us upside down on our homes, many have fallen on hard times unable to keep up with their monthly mortgage obligations due to the current economic downturn […]
I Am Upside Down, Now What? [Part 2]
February 25, 2010 by
I’m upside down, now what? In part 1 I went over the the sense of entitlement some home owners may have due to their declining property values yet have no financial hardship. In today’s part 2 I’m talking to those who are facing financial difficulties . There has been much talk following the housing collapse […]
I Am Upside Down, Now What? [Part 1]
February 23, 2010 by
I’m upside down, now what? We hear more and more these days about the growing number of home owners falling behind on their mortgage payments. With the over development of housing in San Diego county and especially in east chula vista during the peak of the housing bubble, it makes sense that these areas would […]
Foreclosures Up, Defaults Down?
January 29, 2010 by
A look into what caused a 41.9% spike in foreclosures for the month of December and why are notices of default declining. Should we expect to see many new forclosures on the market? No In Case you missed it there was an article in the San Diego Union Tribune, written by Roger Showley which showed […]
Upside Down Mortgages Could Get Worse
November 16, 2009 by
As signs of price stability in the housing market appear throughout the country, the areas most hit by the downturn still face an overwhelming number of under water mortgages. While these markets saw a tremendous increase in home values between 2002 and 2005, many home buyers jumped for the opportunity to get in, with many […]
THE REAL ESTATE BUSINESS HAS LESS TO DO ABOUT SELLING PROPERTIES AND EVERYTHING TO DO ABOUT HELPING PEOPLE.
