For the Home Seller
Foreclosure sales in California are down 16.7 percent
(From my friends at Foreclosure Radar) Foreclosure Sales Continue to Plummet For the second month in a row we’ve seen a dramatic drop in the number of properties sold at foreclosure, or “trustee sale”, auctions. Foreclosure sales in California are down 16.7 percent from February to March 2012 and down 53.1 percent from March a [...]
Fresh of the Foreclosure Press
This article just came in from the California Association of Realtors….. California to Receive $18 Billion in Mortgage Settlement On February 9, Attorney General Kamala D. Harris announced that California secured up to $18 billion for its distressed homeowners as part of a $25 billion national multistate settlement with the country’s five largest loan servicers. [...]
Sacramento Real Estate Legal Eagle–Ficuciary Duty
While I’m not an attorney (blatant disclaimer!) and I don’t practice law, I think it’s important as a professional practitioner and part-time professor (have you ever seen so many P’s?!) to keep up on current events that might affect my business and my clients. So here’s a recent legal issues in the real estate industry: [...]
Buying or Selling a Sacramento Flipped Property
Recently on my blog talk radio show, Sheri Schmitz and I were discussing some of the nuances of flipped properties. Many buyers with FHA government backed loans do not know that the FHA requires two appraisals on a flipped property to ensure buyers are not getting ripped off. The buyer must absorb this cost and [...]
