Category Archives: Sellers

Your Home May Be Worth More Than You Think!

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Today’s real estate market is very different than it was a year ago. Prices have increased rapidly over the past 6-8 months as part of a steady recovery we’re seeing take place across the nation in real estate. If you or someone you know has a home in which they owed more on their mortgage…

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Don’t Let Time Run Out!

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The Mortgage Forgiveness Debt Relief Act was passed by Congress in 2007 in an attempt to provide some relief for the millions of homeowners who found themselves owing more on their mortgage than the property was worth as a result of the collapse of the housing and finance industries. This report was created to give…

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3-year foreclosure-waiting period waived

FHA has waived its 3-year foreclosure-waiting period. Mortgagee Letter 2013-26 Released August 15, 2013. The FHA Back To Work – Extenuating Circumstances program ends September 30, 2016. Effective for FHA Case Numbers assigned on, or after, August 15, 2013, borrowers with a recent history of bankruptcy, foreclosure, judgment, short sale, loan modification or deed-in-lieu can apply and…

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Why did most Californians purchase their home in 2013?

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Keep Your Home Sale from Falling Apart

After finding a buyer, all you have to do to make it to closing is to avoid these five traps. Mistake #1: Ignore contingencies If your contract requires you to do something before the sale, do it. If the buyers make the sale contingent on certain repairs, don’t do cheap patch-jobs and expect the buyers…

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