About California
October 28, 2008, 10:13 pm,
by John McConnin, Esq.
When dealing with Short Sales in California bank of america has been known for sending out vague short sale approval letters and attempting to keep the seller on the hook for deficiencies.Â
Countrywide was known be slow and frustrating, but, if they approved short sales they almost always send out short sale approval letter which indicated that country and its investors would not seek a deficiency. Sometimes this letter might not have been quite what the seller needed but they were...
October 25, 2008, 4:22 pm,
by John McConnin, Esq.
Faced with a decision about your home loan payments.
People who are in default and either thinking of walking away, or selling their homes sometimes wish to know about the foreclosure timeline.
The the first thing they should look for is the notice of acceleration. Once you go into to default on your loans, your lender will probably send out a notice of acceleration. The lender gives you about 30 days to get current on your loan or they warn tehy will accelerate your whole loan schedule and...
June 13, 2008, 1:18 pm,
by BAP admin
It seems like I am asked this and many other questions from both buyers and sellers on a daily basis. Are home prices going to continue their decline? Are interest rates skyrocketing back to 10%? Are lenders going to keep going under? What about foreclosures?There is no simple answer, yet hundreds of experts on the subject. I don't claim to be a so-called expert but I don't see how these "experts" can sit behind their desk and estimate. The truth is you can't compare one market to another like...
June 13, 2008, 1:18 pm,
by BAP admin
It seems like I am asked this and many other questions from both buyers and sellers on a daily basis. Are home prices going to continue their decline? Are interest rates skyrocketing back to 10%? Are lenders going to keep going under? What about foreclosures?There is no simple answer, yet hundreds of experts on the subject. I don't claim to be a so-called expert but I don't see how these "experts" can sit behind their desk and estimate. The truth is you can't compare one market to another like...
June 13, 2008, 1:18 pm,
by BAP admin
It seems like I am asked this and many other questions from both buyers and sellers on a daily basis. Are home prices going to continue their decline? Are interest rates skyrocketing back to 10%? Are lenders going to keep going under? What about foreclosures?There is no simple answer, yet hundreds of experts on the subject. I don't claim to be a so-called expert but I don't see how these "experts" can sit behind their desk and estimate. The truth is you can't compare one market to another like...
June 13, 2008, 1:18 pm,
by BAP admin
It seems like I am asked this and many other questions from both buyers and sellers on a daily basis. Are home prices going to continue their decline? Are interest rates skyrocketing back to 10%? Are lenders going to keep going under? What about foreclosures?There is no simple answer, yet hundreds of experts on the subject. I don't claim to be a so-called expert but I don't see how these "experts" can sit behind their desk and estimate. The truth is you can't compare one market to another like...
June 13, 2008, 1:18 pm,
by BAP admin
It seems like I am asked this and many other questions from both buyers and sellers on a daily basis. Are home prices going to continue their decline? Are interest rates skyrocketing back to 10%? Are lenders going to keep going under? What about foreclosures?There is no simple answer, yet hundreds of experts on the subject. I don't claim to be a so-called expert but I don't see how these "experts" can sit behind their desk and estimate. The truth is you can't compare one market to another like...
June 13, 2008, 1:18 pm,
by BAP admin
It seems like I am asked this and many other questions from both buyers and sellers on a daily basis. Are home prices going to continue their decline? Are interest rates skyrocketing back to 10%? Are lenders going to keep going under? What about foreclosures?There is no simple answer, yet hundreds of experts on the subject. I don't claim to be a so-called expert but I don't see how these "experts" can sit behind their desk and estimate. The truth is you can't compare one market to another like...
June 13, 2008, 1:18 pm,
by BAP admin
It seems like I am asked this and many other questions from both buyers and sellers on a daily basis. Are home prices going to continue their decline? Are interest rates skyrocketing back to 10%? Are lenders going to keep going under? What about foreclosures?There is no simple answer, yet hundreds of experts on the subject. I don't claim to be a so-called expert but I don't see how these "experts" can sit behind their desk and estimate. The truth is you can't compare one market to another like...
June 13, 2008, 1:18 pm,
by BAP admin
It seems like I am asked this and many other questions from both buyers and sellers on a daily basis. Are home prices going to continue their decline? Are interest rates skyrocketing back to 10%? Are lenders going to keep going under? What about foreclosures?There is no simple answer, yet hundreds of experts on the subject. I don't claim to be a so-called expert but I don't see how these "experts" can sit behind their desk and estimate. The truth is you can't compare one market to another like...
California