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Short Sale Soundoff: Victory for short sale sellers

by countyproperties | Jul 22, 2011 | Current Affairs, Finance, Latest News, Riverside Short Sales, San Diego Short Sales, Short Sales

Governor Jerry Brown signed into law today a C.A.R.-sponsored bill, Senate Bill 458, prohibiting a deficiency after a short sale for one-to-four residential units, regardless of whether the lender is a senior or junior lienholder. Effective immediately for...

FTC stops bogus mortgage loan-modification business

by countyproperties | Jul 8, 2011 | Finance, Latest News, loan modification, Sellers, Short Sales

Under a settlement with the Federal Trade Commission, a federal court banned three men and their company from the mortgage modification business and ordered them to pay nearly $19 million for consumer refunds. The defendants allegedly deceived distressed homeowners...

Home owners wait for loan mod and get foreclosed on immediately

by countyproperties | Oct 15, 2010 | Finance, Latest News, Short Sales

I have run into 2 situations for what the market is going through. It seems there is no set protocol for the bank procedures with the loan modifications and it is very confusing to all the home owners in crisis. Home owners are worried about their homes and call the...

Have you been informed of the Wachovia Fast Track Short Sale Program?

by countyproperties | Jul 23, 2010 | Finance, Latest News, Short Sales, Wachovia

You may already be informed about the Wachovia Fast Track Short Sale Program. It is a unique program that allows the short sale process to be very successful in a quick time frame. Please see details below. Wachovia bank recently unveiled their new “Fast...
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