Sacramento Short Sales

YIKES 30 pages of properties ready to be auctioned!https://finance.saccounty.gov/Tax/Documents/February%202022%20Public%20Auction%20Property%20List.pdf

finance.saccounty.gov

If you need help. Call me. (916)230-3880
https://patch.com/georgia/peachtreecorners/time-bomb-ticking-see-rental-arrears-gwinnett-county

'A Time Bomb Ticking': See Rental Arrears In Gwinnett County A new analysis found more than 6 million nationwide are behind on rent, owing a total of $23 billion.

This feels oddly familiar....

Administration Unveils Plan to Cut Payments on Government-Backed Loans Up to 25% | NAHB Now | The News Blog of the National Association of Home Builders The Biden administration has announced new loan modification options for borrowers who have government-backed home loans in order to help home owners who are still struggling to make their mortgage payments due to the COVID-19 pandemic.

https://www.cbsnews.com/news/eviction-moratorium-ending-harvard-housing-report/

With moratorium ending, more than 8 million households face foreclosure or eviction One homeowner in Alabama is five months behind on her mortgage and hopes she can strike a deal with her lender.

https://www.whitehouse.gov/briefing-room/statements-releases/2021/02/16/fact-sheet-biden-administration-announces-extension-of-covid-19-forbearance-and-foreclosure-protections-for-homeowners/

Fact Sheet: Biden Administration Announces Extension of COVID-19 Forbearance and Foreclosure Protections for Homeowners | The White House As millions of Americans face continued hardship from the COVID-19 pandemic, President Biden is continuing to take action to help keep individuals and families in their homes. The COVID-19 pandemic has triggered a housing affordability crisis. Today, 1 in 5 renters is behind on rent and just over 10...

THERE ARE 22 SHORT SALES IN Placer & Sacramento Counties as of today! All are pending. But let's watch. Who's surprised with the market that we have, someone is upside down?
23 in , CA today. 8
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Jen Klein Lewis

Who is eligible? Is it debt forgiveness? How can you protect yourself?

Mortgage FORbearance FOR WHO? Buford, GA Realtor Jennifer Lewis discusses mortgage Forbearance. Who is eligible, who is not? What does it even mean? And HOW can it be done correctly and p...

Placer & Sacramento County foreclosure check ins and watch.
http://jenklein.com/placer-county-and-sacramento-county-foreclosures

Placer County and Sacramento County Foreclosures I've been monitoring Placer County & Sacramento County Foreclosures for some time now. Basically since the last crash. Foreclosures are a great indicator as to what the market is doing. I& #03

Help if needed. Call me.

FHFA, FHA remind servicers of mortgage relief options as coronavirus spreads FHFA Director Mark Calabria is reminding servicers and borrowers that hardship forbearance is an option if they can't make monthly mortgage payments.

RE; REVERSE MORTGAGE- Did you know that a non-borrowing spouse or family member can purchase a home on a short sale from the existing trust? at a considerable discount if you know what you're doing! Call me for info (916)678-1552

Sacramento Short Sales updated their business hours.

It's been a long time! But I'm still here. The banks are handling things a little differently now, so you should be sure ask a professional!

ARTICLE discussing the reason CHASE BANK IS OFFERING $10,000-$35,000 FOR SELLER'S TO DO A SHORT SALE!

Chase offers mortgage holders a way out - St. Petersburg Times Short sales would bring cash, forgiveness. JP Morgan Chase has a deal for some homeowners behind on their payments: If they'll accept a quick sale of their home, the bank will give them $10,000 to $20,000 and forgive what it loses on the mortgage.

I don't usually post twice in a row, BUT THIS IS BIG! CHASE BANK IS OFFERING UP TO $35,000 IF THE SELLER WILL DO A SHORT SALE! This is HUGE! Call me (916)230-3880 or email me [email protected].

Dear short sale gods, you have been less than friendly to me this last week: please just keep in mind, I KICK BACK!

On hold with Fannie Mae, we'll see who's in charge here Bank of America!

Who Pays for the Listing Agent? Who Pays for the Listing Agent? You do have options, even if you don't have the funds to pay a listing agent! Learn why you can possibly short sale your home ... Explore your options today and give us a call. REALTOR(r) Jennifer Klein 916-230-3880 [email protected] REALTOR(r) Steve Ostrom 91

Quote of the day "Bankruptcy absolves consumer debt, secured debt survives bankruptcy!" WHICH MEANS Bankruptcy does not get rid of your mortgage, they are two very separate processes! Know what your doing and how one can effect the other!

Check out my VLOG on buying short sales!

Roseville Realtor: Buying a Short Sale If you are considering purchasing a short sale, be sure to know how strong your offer is. Don't assume that offerring list price is going to get your offer accepted... it may not be priced correctly.

Perfect for first time homebuyer! Large yard with tons of room for growth! Cozy home perfect for growing family! New Short Sale, MAKE OFFER Listed $175K!

8883 Greenhalgh, Orangevale, CA | Powered by Postlets Large Lot, with room for Home expansion!

Initiating another short sale in Equator! Hoping to close before the end of the year!

Coming soon.... My newest short sale! Catch and release fishing in Roseville?!

1241 Laysan Teal, Roseville, CA | Powered by Postlets Newer Neighborhood! Great Family Friendly Neighborhood.

Here is more info on the Modification Forum, "American Dream" happening until Tuesday at CalExpo. According to interviews, 12 of 20 people received serious mortgage debt relief.

Video Library - cbs13.com View video clips from Sacramento's source for breaking news, traffic and weather.

Citimortgage closing agent:"but this isn't what I had approved on the HUD, we can't close." ME: "your right it's MORE for Citi?.... um think we should escalate to see if that's ok?" Doesn't anyone think for themselves anymore? never thought a bank would have a problem receiving a bit MORE than what was approved! thank god we're on record!

There's nothing like a 6 day close to get the blood flowing! Thanks Fannie for not postponing sale. BIGGER thanks to my very flexible CASH buyer! Ready... SET... break.

Oh man! This Short Sale and housing bust just keeps getting better... ****sarcasm***. As of today, Fannie and Freddie are not postponing foreclosure sale dates. The implications for what this means are worse than I can say in status update. But know this IS A REALLY BIG, BAD DEAL! Let's just say HUD REO's will be a HUGE part of 3rd quarter inventory!

Will home renters become more the norm?

Renter Nation - Is The Tide Turning Against Home Buyers and Homeowners? - CBS MoneyWatch.com Will the U.S. turn into a nation of renters? Several writers and economists are arguing that the current economic malaise is turning the tide against

Wondering who determines the value of your home on a short sale? And how can that effect the outcome?

Broker Price Opinion (BPO) and how it can effect your short sale. An essential element to completing a short sale is a BPO, which stands for Broker Price Opinion. Essentially this is the bank's way of obtaining a value on the subject property. Not to be confused with an appraisal, this format requests an agent do an audit of the subject property and establish a Br...

Sometimes being a good agent means walking away from and incredibly large commission, because the deal just doesn't make sense and the condition of the home is not up to standard. It is your responsibility and priority to do what's right for your buyer instead of what may feel good! Still praying the bank sees the light and we all win... hopeful, fingers crossed.

Awaiting more BofA training on Traditional Short Sales... let's see if there's good news!