Rebecca Austin discusses ” Common Loan Modification Questions “ the Law Office of Michael Groves
Radio Show: Home Help Radio with Rebecca on KPRZ
Date: 12-03-11
Rebecca Discusses ” Myths & Misconceptions about Underwater Home Values~A Guide for Homeowners in 2012 ” – If you are a homeowner whose house value is less than what you owe, or if you are falling behind on your mortgage payments, listen to this segment as Rebecca brings clarity to the common myths and misconceptions about Short Sale, Loan Modifications, and the Lending Institutions that hold your mortgage.
Radio Show: Home Help Radio with Rebecca Austin on KPRZ
Date: 12-03-2011
Rebecca Discusses some of the ” Strategies for Homeowners in 2012“
Radio Show: Home Help Radio with Rebecca Austin
Date: 12-24-2011
Rebecca Discusses some of the ” Smartest Real Estate Decisions for 2012 “
Radio Show: Home Help Radio with Rebecca Austin
Date: 12-24-2011
2.6%
Would you believe that is how much the median price of homes in San Diego dropped last year? With all the doom and gloom in the market you’d expect a double digit response, but San Diego almost falls into the flat category.
Here’s another number for ya:
5 million
Now we’re talking, right? This is the number of loans in America that are more than 90 days late.
How about this one:
$246 billion
Yes, this is estimated to be how much taxpayers stand to lose from the 3.1 million homes in the federal government’s REO inventory.
This inventory our cooler nickname “shadow inventory” is a critical topic. The other critical topic is Robosigning and the Foreclosure Process questioning that stopped all Trustees Sales a while ago. This drama has not come to an end and for the first time in our recent experience we are actually seeing foreclosures being rescinded by the banks. Schedule to go to sale and then rescinded meaning the bank says “never mind”.
Why would a bank do a foreclosure do-over? Perhaps they are a little concerned about their processes and are wondering if they actually have clear title after? Shadow inventory has assisted in keeping the inventory somewhat under control, but now shadow inventory could tighten even more if the banks are wondering if they can even sell it! YIKES!
What does this mean if you are a seller?
Once the banks figure this out they will most likely over correct as usual and inventory will increase. If you are thinking about selling this would be a good time to evaluate things.
CLICK HERE FOR OUR ONLINE HOME EVALUATION PREPARED BY REBECCA
What does this mean if you are a buyer?
Rates are low and if you are looking to buy homes in the under 300K range are actually more available now so if you were looking last summer you might want to take another look around. You might be surprised what you find.
How do you get a deal?
We’ll just let you know when they’re listed! Well, wouldn’t that be nice! The real deals are not always listed at the great deal price so don’t get stuck there. The deal is in the negotiations and we get in the ring for you and battle that part out! Your job? To review homes that are listed for sale in the areas you like that match your criteria, then if you love the home, we prepare the offer documents and negotiate the best deal possible.
CLICK HERE FOR A MARKET UPDATE AND LIST OF HOMES PREPARED
FOR YOU BY REBECCA.
