Median Sales Price in Wildomar 1 Br 2 Br 3 Br 4 Br All properties 1 yr 5 yr Max No. Bedrooms Feb - Apr '13 y-o-y 3 months prior 1 year prior 5 years prior 1 bedroom $108,212 - $86,000 - $144,000 2 bedrooms $158,000 +22.0% $146,000 $129,500 $187,114 3 bedrooms $265,000 +14.2% $235,000 $232,000 $280,000 4 bedrooms $300,000 +18.1% [...]
Odalys Simon, Realtor Faster. Easier. More transparent. These are only some of the benefits borrowers are experiencing with the new Freddie Mac Standard Short Sale program that became effective on November 1, 2012. Because of their complexity, short sales have traditionally taken months to complete. We worked with our regulator, the Federal Housing Finance Agency, [...]
The California Homeowner Bill of Rights became law on January 1, 2013 to ensure fair lending and borrowing practices for California homeowners. The laws are designed to guarantee basic fairness and transparency for homeowners in the foreclosure process. Key provisions include: • Restriction on dual track foreclosure: Mortgage servicers are restricted from advancing the foreclosure [...]
Below are general tips prepared by the CALIFORNIA ASSOCIATION OF REALTORS®. However, these just skim the surface of information available through your REALTOR®. As a member of C.A.R. your REALTOR® has access to this information in its entirety, and much more! SHORT SALE SELLERS 1. Hire a REALTOR®! Not all real estate [...]
Due to plummeting real estate values in recent years, there are record numbers of homeowners who owe more on their mortgages than the market value of their homes. This is commonly called being “upside down” in the mortgage, and under certain conditions, the homeowner may qualify for a short sale on the home. A short sale [...]
Odalys Simon, Realtor-Your Real Estate Consultant For Life Freddie Mac: Short Sale Are you struggling to keep your home, but don’t qualify for a loan modification? Are you thinking of selling your property in order to avoid foreclosure? If your mortgage is owned by Freddie Mac, you may be eligible for our recently enhanced short [...]
California law will further protect homeowners pursuing short sales by barring first and second lien holders from going after sellers for money owed after the short sales close. Gov. Jerry Brown signed Senate Bill 458, authored by Senate Majority Leader Ellen Corbett (D-San Leandro,) into law. Full Text of the Bill here. A short sale is [...]
The best advice: Don't ignore your situation, walking away is never the best choice. Keep in mind that you may have many options that will help you and protect you from the lenders getting a deficiency judgment and owing tens of thousands of dollars after losing your home. Most people who sign a mortgage don't [...]
Staging Secrets: How to Dress Your House for Sale Success Try these 13 tips to turn your home into buyer bait. Ever walk into an open house or a model home and notice how... well, inhumanly perfect it looks? If so, chances are the property is "staged." In real estate parlance, that means the place [...]
Based on specific criteria homeowners will receive a solicitation from Bank of America through a third party company Carrington Property Services, Inc. Because these select homeowners have already met certain requirements and the files have been reviewed upfront, Bank of America may be able to better assist qualified homeowners with the short sale process.The program, [...]
