Assembly Pulls Dirty Trick, Holds Underwater Homeowners Hostage
Call Assembly Member Gatto TODAY to Voice Your Outrage!
C.A.R. is sponsoring SB 30 to provide relief to distressed homeowners attempting to sell their homes in a “short sale.” Last week the Assembly Appropriations Committee, at Assembly Member Gatto’s direction, took SB 30 hostage in an attempt to extort C.A.R.’s support for a new tax measure.
Action Items
1. Call Assembly Member Mike Gatto 1-800-969-3420
CLICK HERE FOR ENTIRE ARTICLE BY C.A.R.
info provided by C.A.R.
How to Avoid a stressful move
Relocating to Ramona CA by Regina Flores: #(760) 788-0721
Read Helpul hints to keep stress levels down during the move.
Happy New Year in 2013
“We will open the book. Its pages are blank. We are going to put words on them ourselves. The book is called Opportunity and its first chapter is New Year’s Day.”
― Edith Lovejoy Pierce
Always choose a Professional REALTOR to sell your home
Whether you are selling your home as a short sale or standard traditional sale with equity, it is important to choose wisely when hiring a Real Estate Professional. Check credentials and experience first. It could save you headaches and money later.
CLICK HERE FOR REGINA’S BIO AND CREDENTIALS
Regina Flores, ABR, RMS, SFR, SRS
REALTOR, Broker Associate
RE/Max Direct
Selling Your Home – Selling at a Loss
Selling Your Home – Selling at a LossCan a home seller sell a home for less than its mortgage? Yes, in some case you can sell your home for less than what you still owe on the mortgage. But it is complicated and depends on the lender. This situation is known as a “short sale.” Sometimes a lender will be willing to split the difference between the sale price and loan amount, which still must be paid. A short sale may be more complicated if the loan has been sold to the secondary market because then the lender will have to get permission from Freddie Mac, the two major secondary-market players. If the loan was a low down payment mortgage with private mortgage insurance, then the lender also must involve the mortgage insurance company that insured the low-down loan. |