Your Loan Modifier Must Know of Foreclosure Notices on Your house

Dear Home Owners,

It’s encouraging to know that a lot of loan modifications are succeeding, granting that it took several months, sometimes years, to make it happen.  It’s working.  However, a few would fall in the cracks, neglected, the unknowing home owner who was told by her attorney that everything was alright, but stopped communicating,  and the bank foreclosed.

You should be calling your modifier at least once a week, or they call you once a week. When your modifier stops communicating for a while, please look  for other options.  There are good loan modifiers out there.

Give me a call, I have gathered information on good modifiers from satisfied homeowners that got a permanent loan, got good rates and are keeping their houses.


Increase your Sales with FHA 203K

FHA 203K is back! If REO agents or Short Sale agents don’t like your FHA 203K offer, think many times before you quit: this program will help boost the real estate market condition: Homebuyers with little down payment and who intend to occupy the house will have funds to rehab the house, their prices will be higher than All Cash buyers, Bank sellers (REO)  don’t have to fix anything, nor replace carpet and fixtures which might be stolen because the house is vacant; listing agents don’t have to keep an eye on these listings 24/7 especially after [Read more…]

Carbon Monoxide Detectors in Dwellings Required

This law revises the TDS and MHTDS to include a disclosure regarding compliance with the smoke detectors and water-heater bracing laws (eliminating the need for separate disclosure forms). The TDS and MHTDS will also add a disclosure regarding carbon monoxide detection devices. This law enacts the Carbon Monoxide Poisoning Prevention Act of 2010.  The law requires a carbon monoxide device (battery or hard-wired) to be installed in a “dwelling unit intended for human occupancy.” A violation is punishable by [Read more…]

Beware of Government Look-Alike

Recent Real Estate Law cracks down on the mailed advertisements sent to property owners offering, for compensation, to provide a copy of the grant deed or other record of title by making it a crime unless certain disclosures are provided and the advertisement does’t mislead a person into believing that the company is affiliated with a government agency.

Section 17537.10 is added to the Business and Professions Code.

Dream-Staging an International Venture, pt. 2

Boracay Island, Philippines in December, 2010

Buying beach front properties is still an open opportunity. Corporate investors are starting to buy up and tear down shanties to build resorts and hotels. There are still some native owners one can try to find if one is willing to research deeper and strike a deal. White sands all around the island; west side, called white long beach, is calmer than the east side. Tourists from [Read more…]

Real Estate Tip

As a fairly general rule, homes appreciate about four or five percent a year. Some years will be more, some less. The figure will vary from neighborhood to neighborhood, and region to region. Five percent may not seem like that much at first. Stocks (at times) appreciate much more, and you could easily earn over the same return with a very safe investment in treasury bills or bonds. But take a second look…
[Read more…]