Foreclosure in Pollock Pines : Advice

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Douglas Zell…, Real Estate Pro in El Dorado County, CA
Error-prone and even abusive practices still plague the mortgage servicing business, according to a new report from the Consumer Financial Protection Bureau (CFPB). The report indicates that servicers… Read more
Blogged Wed Aug 28, 2013 by Douglas Zeller Financing Foreclosure Home Ownership
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Doug & Bud Z…, Real Estate Pro in Placerville, CA
The U.S. Department of Housing and Urban Development is reportedly going to be releasing more of its homes to the market, which could be welcome news to buyers who have faced slim pickings in for-sale… Read more
Blogged Tue Apr 30, 2013 by Doug & Bud Zeller Foreclosure Property Q&A Home Ownership
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Bud Zeller, Real Estate Pro in Placerville, CA
With shrinking inventories and more competition, buyers are finding they have less negotiating power in today’s market. CNNMoney recently highlighted some of the following tips to help home buyers… Read more
Blogged Thu Apr 11, 2013 by Bud Zeller Home Buying Foreclosure Investment Properties
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Bud Zeller, Real Estate Pro in Placerville, CA
The percent of California’s mortgage debt balance that was 90+ days delinquent decreased to 6.7% in the third quarter (3Q) of 2012. This was down from 8.7% one year earlier. The normal 90+ day delinquency… Read more
Blogged Mon Jan 14, 2013 by Bud Zeller Market Conditions Financing Foreclosure
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Bud Zeller, Real Estate Pro in Placerville, CA
FORECLOSURES are taking significantly longer in states where lenders must go through the courts, and the delay may or may not be good for borrowers, depending on their circumstances. But some researchers… Read more
Blogged Sat Dec 15, 2012 by Bud Zeller Market Conditions Foreclosure Home Ownership
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Bud Zeller, Real Estate Pro in Placerville, CA
Just as the housing market is recovering, a growing group of homeowners–widows over the age of 50 whose husbands alone were holders of the mortgage–are losing their homes to foreclosure.… Read more
Blogged Tue Dec 4, 2012 by Bud Zeller Market Conditions Foreclosure Home Ownership
Doug & Bud Z…, Real Estate Pro in Placerville, CA
Recent media reports have suggested that the FHFA, Fannie Mae, and Freddie Mac will start to take severe legal action against strategic defaulters. But are mortgage cops really going to chase down these… Read more
Blogged Sat Oct 20, 2012 by Doug & Bud Zeller Market Conditions Financing Foreclosure
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Douglas Zell…, Real Estate Pro in El Dorado County, CA
Short sales are growing in popularity, but that may soon change. The “Mortgage Forgiveness Debt Relief Act and Debt Cancellation” is expiring at the end of the year, which could make more home… Read more
Blogged Tue Oct 2, 2012 by Douglas Zeller Market Conditions Foreclosure Property Q&A
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Douglas Zell…, Real Estate Pro in El Dorado County, CA
Some Americans are still jittery over the housing market, but here are eight positive signs that should quell some of their fears.  Housing prices are on the rise across the country. Foreclosures… Read more
Blogged Thu Aug 9, 2012 by Douglas Zeller Market Conditions Home Selling Foreclosure
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Doug & Bud Z…, Real Estate Pro in Placerville, CA
Data is not available, but interviews with lenders, builders, REALTORS®, and consumers suggest that a growing number of Americans are getting back into the housing market, even though they went through… Read more
Blogged Sat Jun 2, 2012 by Doug & Bud Zeller Home Buying Foreclosure Home Ownership
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Douglas Zell…, Real Estate Pro in El Dorado County, CA
The Federal Reserve has released a video explaining how borrowers who feel they were financially hurt during the mortgage foreclosure process in 2009 and 2010 can apply for a free, independent foreclosure… Read more
Blogged Thu May 24, 2012 by Douglas Zeller Market Conditions Financing Foreclosure
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Doug & Bud Z…, Real Estate Pro in Placerville, CA
Fannie Mae, which backs the most loans in the country, announced that it would not need taxpayer aid to cover losses for the first time since the federal government took control over the mortgage giant… Read more
Blogged Sat May 12, 2012 by Doug & Bud Zeller Home Selling Financing Foreclosure
Doug & Bud Z…, Real Estate Pro in Placerville, CA
Some in U.S. Senate are urging the Treasury Dept. to cancel its plans to subsidize debt forgiveness for troubled homeowners, saying the money would be better off reducing the federal debt. Interesting… Read more
Blogged Sat Apr 21, 2012 by Doug & Bud Zeller Market Conditions Home Selling Foreclosure
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Douglas Zell…, Real Estate Pro in El Dorado County, CA
Good news to share! Foreclosure filings are continuing to fall, dropping 2 percent in the first quarter of this year compared to the previous quarter and are down 16 percent compared to the same time last… Read more
Blogged Sat Apr 14, 2012 by Douglas Zeller Market Conditions Foreclosure Property Q&A
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Douglas Zell…, Real Estate Pro in El Dorado County, CA
A survey of bank risk professionals found fewer lenders expect a rise in delinquencies on home loans, car loans, and small business loans, according to FICO’s quarterly survey. In the latest survey,… Read more
Blogged Wed Apr 4, 2012 by Douglas Zeller General Area Financing Foreclosure
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Bud Zeller, Real Estate Pro in Placerville, CA
GOOD NEWS to share! According to CoreLogic, an estimated 65,000 completed foreclosures were reported in the United States last month versus 71,000 in January and 66,000 in February 2011. The number of… Read more
Blogged Sat Mar 31, 2012 by Bud Zeller General Area Market Conditions Foreclosure
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Doug & Bud Z…, Real Estate Pro in Placerville, CA
Foreclosures are expected to pick-up as soon as banks begin to clear their backlog of troubled loans. RealtyTrac is projecting a 25 percent increase in foreclosures in 2012.  If an increase does occur,… Read more
Blogged Mon Mar 19, 2012 by Doug & Bud Zeller Home Selling Foreclosure Property Q&A
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Doug & Bud Z…, Real Estate Pro in Placerville, CA
The number of loan servicers taking part in a state mortgage-aid program continues to grow roughly one year after its launch. The Keep Your Home California program now has 55 participating mortgage servicers,… Read more
Blogged Thu Jan 12, 2012 by Doug & Bud Zeller Financing Foreclosure Property Q&A
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Bud Zeller, Real Estate Pro in Placerville, CA
Fannie Mae and the U.S. Army recently announced new initiatives to help service members who are struggling with their mortgage payments avoid foreclosure. The effort includes a mortgage payment forbearance… Read more
Blogged Fri Dec 30, 2011 by Bud Zeller Home Selling Financing Foreclosure
Douglas Zell…, Real Estate Pro in El Dorado County, CA
Fannie Mae and Freddie Mac announced they will suspend all evictions involving foreclosed occupied single family and 2-4 unit properties with mortgages owned by the GSEs from Dec. 19, 2011-Jan. 2, 2012.… Read more
Blogged Sun Dec 11, 2011 by Douglas Zeller Foreclosure
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