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Ken Patterson's Blog

By Ken Patterson | Broker in Rocklin, CA

CA Homeowner Bill of Rights Signed into LAW

Roseville CA Homeowner Bill of Rights Becomes Law by Keller Williams Realty Agent Ken Patterson

The intent of this New Law is to avoid Foreclosure where possible for Californians & Stabilize the California Housing Market

Main Provisions of SB900 and AB 278:

· Law becomes Effective January 1, 2013

· Pertains only to First Deeds on Owner Occupied Homes

· Mortgage Servicers can No Longer record a NOTICE OF DEFAULT or NOTICE OF TRUSTEE SALE OR CONDUCT A TRUSTEE SALE if a Foreclosure Alternative Program (Short Sale or Loan Modification) has be approved in writing – A.K.A No Dual Tracking

· Mortgage Servicers must respond within 5 days of Loan Modification Application submission

· Loan Modification and Short Sale Approvals must be honored by New Mortgage Servicer if Mortgage is Transferred during the process

· These are just a few of the High Points!! For more information – CONTACT US

Roseville CA Real Estate and Short Sale Information Dignified Transition Solutions

For FREE information regarding Selling YOUR Roseville CA Home in or FREE Short Sale Information please call us @ 916-751-1800 or visit www.TEAMPattersonRealty.com

TEAM Patterson Realty and Real Estate Agent Ken Patterson are very successfully helping traditional home sellers list and sell their homes Roseville, Lincoln, Rocklin and Folsom CA. Success comes from experience, knowing the current market dynamics, having a detailed plan to sell your home (201 Steps to SOLD) and having a consistent process to serve not just sellers, but buyers and other agents that is an “Ease of Doing Business” philosophy.

TEAM Patterson Realty also specializes in offering underwater mortgage assistance and Roseville CA short sales. They also help home owners in understanding Loan Modification Help your mortgage lender may be offering for your Roseville CA home. Lender specific loan modification information is available FREE.

Our Office: Keller Williams Realty Roseville, Folsom, Rocklin and Granite Bay – 548 Gibson Dr, Roseville CA 95678

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