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Fraud Alert! Crooks Impersonate Foreclosure Counselors to Scam Homeowners
By Pamela Yip, The Dallas Morning News Sept. 20—One of the ugliest effects of this economic downturn is how it’s brought out crooks who prey on financially distressed homeowners by ensnaring them in home-loan modification scams. “Consumers Read More...
Great News! You CAN Buy a Home after a Short Sale!
DSNews - Default Servicing In Print and Online Fannie Mae has just stepped up to the plate and announced that they have updated several policies regarding a borrowers loan eligibility when the borrower has been through a short sale. This is important Read More...
HUD Home May Be Best Value for Homebuyer
As the government looks to further stimulate the housing market in the face of a steadily rising national inventory of HUD foreclosures, huge savings are being realized on these properties, according to Annapolis, Maryland-based Heavy Hammer, Inc. The Read More...
More Lenders Suspend Foreclosures for Christmas 2009!
As we shared last week, Fannie Mae, Freddie Mac , and Citigroup said they will not foreclose on families during the holidays. And as expected, other major lenders have followed suit, including Bank of America, JPMorgan Chase, and Wells Fargo. Bank of Read More...
Help for California Homeowners ~ Workouts Beat Foreclosure 2 - 1
Writer Brittany Dunn, DSNews.com In her testimony before the State Assembly Select Committee on the safety and protection of at-risk communities in California, Faith Schwartz, executive director of the HOPE NOW alliance, said more than 279,000 California Read More...
Behind on House Payments? Facing Foreclosure?
What should you do if you are getting those calls and letters from your loan company because you are late on your house payments? Believe me, you are not alone! Here are some ideas to help you figure out what to do next... First, don't panic, but Read More...
One in Four Borrowers is Underwater on their Home
One in four borrowers is underwater Despite recent indicators that the housing market is improving,a new report shows that one in four mortgage borrowers are underwater, meaning they owe more on their mortgage than their home currently is worth. According Read More...
What If..You Stop Making House Payments???
We all talk about what-ifs. One big what-if many homeowners have today has to do with making house payments. Many homeowners are underwater, meaning they owe more than the home is worth at today's depressed prices. Some homeowners certainly are wondering Read More...
Avoid Foreclosure
Home owners who are facing foreclosure often dread dealing with the facts that got them to that place. If they think back to when they first bought that home, losing their home was probably the furthest thing from their mind. Few home owners actually Read More...
New 90 Day Foreclosure Rule in California
Recent news headlines have caused confusion by mischaracterizing the new California Foreclosure Prevention Act as a 90-day moratorium and incorrectly stating that the lender must modify delinquent loans before it begins foreclosure. In reality, the foreclosure Read More...
HOMEOWNERS BEWARE: Foreclosure Rescue Scams
Brought to you by your Realtor®, Liane Thomas, and the California Association of Realtors® With the recent rise in foreclosures, foreclosure-related scams have exploded onto the real estate scene. These so-called “foreclosure rescue companies” Read More...
Local REALTOR(R) Earns Prestigious Designation to Help Homeowners In Danger of Foreclosure
Liane Thomas of The Thomas Group, Keller Williams Realty in Corona Ca. has earned the prestigious Certified Distressed Property Expert (CDPE) designation, having completed extensive training in foreclosure avoidance and short sales. This is invaluable Read More...
Home Sales Jump ~ April 2009
Pending US Home Sales Surge Pending US home sales skyrocketed to their highest number in 7 years, a sure sign that the bottom is forming and that bargain seekers have arrived. The National Association of Realtors reported that its seasonally adjusted Read More...
Posted: Tuesday, June 02, 2009 11:02 AM by Liane Thomas | 0 Comments
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CALIFORNIA HOMEOWNERS ARE BEING TARGETED BY CON ARTISTS OFFERING FORECLOSURE ASSISTANCE
CALIFORNIA HOMEOWNERS ARE BEING TARGETED BY CON ARTISTS OFFERING FORECLOSURE ASSISTANCE The U.S. Department of Housing and Urban Development (HUD) has issued a warning that California homeowners are increasingly becoming the target of con artists trying Read More...
Are we near the bottom of the housing crisis? Freddie Mac says "YES"!
Freddie Mac says housing sales are near bottom Frank Nothaft, chief economist of Freddie Mac, said on Saturday that housing sales are nearing a bottom, with foreclosures accounting for a third of all sales. But you knew there's a "but" coming, Read More...
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