Tag Archive: Bank of America

Sacramento Short Sales Still a Mess–And Everywhere Else Too

Often times I wonder ‘what could there possibly be to write about today?’, and then along comes Mary!  And I hesitate to write too much negative info, because I don’t want to discourage you from doing a Short Sale, it is still far better for you Mr. or Mrs. or Ms. Seller, to go thru…

Bank of America Announces Principle Reductions for Troubled Homeowners.

Yep! You are reading it correctly, and far too long after too many have lost their homes–in my opinion. Since B of A services about 65% of the home loans in Sacramento,  it’s pretty easy to run into someone who has done a B of A short sale. Prior to today, the question of every…

Real Life Drama in the Sacramento Real Estate Market!

The title of this entry almost sounds like a Fox TV reality show, doesn’t it? Or maybe HGTV, which is better known for it’s sometimes real portrayal of real estate tidings. I set my sights for this site, to be real time stories from the Sacramento Real Estate market. Whether you’re a real estate buyer…

Short Sale Hardships Come In Many Shapes And Forms

Nadine’s hardship story is probably similar to many people’s story, so I hope it illustrates that checking with a qualified Realtor is the best way to establish whether you have potential opportunities to do a short sale. Nadine is self employed and when business was great, she was not only able to purchase a home,…

A Short Word About Short Sales……

If you are thinking about doing a short sale—remember that whoever you are writing your monthly mortgage check to is usually just a “loan servicer”, not the actual investor who holds the loan. The actual investor might be the Fannie Mae, Freddie Mac, Bank of New York, or any of many others! They are the…