According to the Federal Housing Agency’s website on 3/31/2020, Fannie Mae, Freddie Mac (the Enterprises) and the Federal Home Loan Banks are taking steps to help people who have been impacted by the coronavirus. If your ability to pay your mortgage is impacted, and your loan is owned by Fannie Mae or Freddie Mac, you may be eligible…
Tag: foreclosure
Best Bidder Home Sale at 1449 Ohare Dr in Benicia, CA this Weekend 6/21-6/22 1-5PM ONLY–Bidding Starts at ONLY $200,000!!
Benicia Home for Sale 1449 Ohare Drive.–Best Bidder Home Sale in Benicia, CA this Weekend 6/21-6/22 1-5PM ONLY
3 Bedroom 3 Bath House Bidding Starts at only $200,000!!
Best BidderBEST BIDDER HOME SALE- Saturday and Sunday 6/21-6/221-5PM ONLY….You must view the property in person this weekend in order to place a bid! All initial bids are due by Sunday at 5PM. Final bidding will happen by phone starting at 6Pm on Sunday. Cash or Loans Okay!! EVEN VA & FHA Loans are Acceptable if Buyer is able to pay for any lender required repairs!
This is not a foreclosure or a short sale and it is NOT ON THE MLS. This is just another way to sell a home for top dollar quickly –
See more details and pics at:
https://robinbirdteam.com/listings/0,88112/1449_Ohare_Dr_Benicia_CA_94510/#sthash.xytxxEus.dpuf
Great News for People Who Did Short Sales in 2012 and 2013 in California!
Great news from a letter I just received…
As we anticipated, C.A.R. today received a letter from the California Franchise Tax Board (FTB), obtained by the State Board of Equalization, clarifying that California families who have lost their home in a short sale are not subject to state income tax liability on debt forgiveness “phantom income” they never received in a short sale.
Sales Slowing in Livermore, the Tri-Valley and Bay Area & Across the U.S. A GREAT Time for Buyers to Buy a Home!
As many Sellers who put their home on the market in August hoping to be part of the summer buying frenzy with multiuple offers and over asking price offers are finding out, home sales in Livermore, the Tri-Valley, most of the East Bay Area and across the U.S. are slowing. In some bay area cities, average days on market for active listings is more than 30 days. That is not a bad thing necessarily. It is just a sign that that fall is here, mortgage rates are beginning to rise and hopefully, we will be headed to a more “normal” market and inventory.
Free Loan Modification Help from NACA will be available in San Jose June 17-22 and LA June 25-29
NACA is the organization that was able to get me and several people I know and thousands of others great loan modifications after our banks had already denied us…and they did it for FREE! They saved me about $1620 per month! If you only own one property (the American Dream), or one property that has a mortgage on it, then NACA may be able to help you too. It is definitely a good alternative to foreclosure in the Bay Area!
Banks Really Do Prefer Short Sales Over Foreclosures!
Banks prefer shortsales over foreclosures. A study by Clayton Holdings demonstrates that short sales are much better for banks than foreclosures.