How long should a Short Sale Take?

by troysage September 29, 2011 Buyers

Every wonder how long it should take for a short sale to have approval and to close escrow? As a buyer or a seller of a home, it’s important to understand the timelines in getting a short sale approval and how much time the lien holders will allow for the buyer to actually close …

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Bogus Short Sale Negotiation Fees

by troysage September 28, 2011 Buyers

Have you ever wondered what fees are involved in a Short Sale? As a buyer or seller do you wonder what fees you are obligated to pay? Well, there are some fees a buyer or seller of a short sale may be required to pay, but for the most part all Short Sale …

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5 bedroom 3 bathroom Paseo Del Sol Home

by troysage September 24, 2011 Buyers

Come check out this wonderful home at our open house today and receive free BBQ! Open House is today Saturday September 24, 2011 from 11AM till 4 PM.

This is a standard sale and it’s ready for move in.

 

 

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California Association of Realtors applaudes Gov. Jerry Brown on Signing SB458

by troysage September 14, 2011 Latest News

Great news for California homeowners in distress and selling their home as a Short Sale.

The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) applauds Gov. Jerry Brown on signing SB 458 (Corbett) into law. SB 458 extends the protections of SB 931 (2010), to ensure that any lender that agrees to a short sale must accept …

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Can a Seller buy their home back as a Short Sale?

by troysage September 12, 2011 Latest News

In the ever changing world of Real Estate short sales, foreclosures, and died in lieu of foreclosure being the three predominate factors of selling a home.  Can a homeowner purchase their home back at the current market value, if the home is approved as a Short Sale?  It would seem logical to have the option …

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Treasury Department issues New HAFA guidelines to help homeowners!

by troysage September 9, 2011 Latest News

The Treasury Department has issued new HAFA guidelines to help homeowners qualify for a Short Sale. These new guidelines remove the 31% mortgage to income ratio, they also change the Owner Occupied status, and more. This is great news for homeowners in distress needing to sell their home.

There are so many homeowners throughout …

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Temecula Real Estate News – Mortgage Delinquency Rates and What’s happening in our Market

by troysage September 9, 2011 Latest News

Mortgage Delinquency Rates seem to be a hot button with regards to what’s happening in our real estate Market. Meaning, delinquency rates have increased and so have the number of days homeowners are delinquent. Why is this happening? Well, it’s my humble opinion, the increase in delinquency has to do with …

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HAFA Short Sale guidelines helping homeowners in Distress – Temecula Real Estate News

by troysage September 7, 2011 Latest News

As of Sept 1, 2011 the HAFA short sale guidelines have changed for the better. That’s right, homeowners in distress have a much better opportunity to qualify for a HAFA short sale. What does this mean? Well it means that anyone that is in distress and have a need to sell their …

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Short Sale Hardships the bank will accept.

by troysage September 6, 2011 Latest News

There are only 16 defined hardships a lender will look at in order to consider debt forgiveness, or a short sale. If a seller does not have one of these hardships, the banks will most likely not approve a short sale. To learn more watch the video below.

Temecula Real Estate Video is hosted …

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Buyers Earnest Money Deposit and Short Sales

by troysage September 2, 2011 Buyers

So you’re a buyer and you want to place an offer on a Short Sale. Ever wonder if you should place your earnest money deposit into escrow while the short sale is being negotiated with the sellers bank?

There are a couple different opinions on this subject. To learn more watch the …

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