Posts Tagged ‘short sales’

So you are doing a short sale and you have received a Notice of Default or maybe even a Notice of Trustee Sale.  You panic, and start looking for a moving truck.  Sound familiar?  Well that is how homeowners feel and it is important for us as default advocates to put their minds at ease [...]

LOS ANGELES (April 18) – The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) applauds yesterday’s announcement by the Federal Housing Finance Agency (FHFA) to streamline the short sale process to help more homeowners avoid foreclosure.  The move calls for Fannie Mae and Freddie Mac to develop enhanced and aligned strategies for facilitating short sales, deeds-in-lieu, and deeds-for-lease. [...]

Or at least that’s what most people I talk to believe their lender is doing for them.  Unfortunately most People do not want to speak with a default advocate because they trust their lender, who, by the way, has illegally processed 84 percent of their foreclosures.  That’s right, 84 percent of foreclosures are flawed so [...]

Brought to you by California Association of Realtors® In a major victory for REALTORS®, Governor Brown signed into law today a C.A.R.-sponsored bill, Senate Bill 458, prohibiting a deficiency after a short sale for one-to-four residential units, regardless of whether the lender is a senior or junior lienholder.  Effective immediately for transactions closing escrow from [...]

With the recent closing of three more Short Sales, two being HAFA (Home Affordable Foreclosure Alternatives) Short Sales, Cravens Realty Group headed up by Lee and Nanci Cravens continues to help home owners that are in trouble find alternatives to just walking away and avoiding foreclosure. We closed  HAFA Short Sale in Temecula, CA where [...]