RE/MAX Gold/ John J. Hayes

Follow me
Real Estate Agent - RE/MAX Gold Folsom - BRE #01709600
Short Sale Updates, REO updates, Listing Updates, Area Stats, Folsom,El Dorado Hills,Mather,Cameron Park Ca
Sacramento CA - Yesterday I gave you a good example of why you should "escalate" a short sale file. The Stop Foreclosure Institute took a short sale that wasn't going to be approved, pushed for an approval, and received it. As a result a homeowner avoided foreclosure, a buyer was able to buy the...
Folsom Short Sales: For Sale VS Sold. Folsom Short Sales: Months of Inventory. Inventory need to be about 3.5 months for sellers. Good for buyers. Folsom Short Sales: Days on Market. Thinking about a loan modification? Our Sacramento Loan Modification Kit has the instructions you will need to get...
Sacramento CA - What do you do when the house won't sell for any more money, but the bank keeps on rejecting the offers? You can give up, but the seller may lose their home to foreclosure. Ouch! Why not escalate the file and get it approved. Here's an example of how it worked for the Stop Forecl...
Sacramento CA - First, it benefits the owner of the loan. This is because they get to sell the house at today's price, versus what it will be worth 6-12 months down the road. I just did a comparison and pulled up sold listings. All of the listings were the similar properties in similar neighborh...
Sacramento CA - The Stop Foreclosure Institute received another testimonial from a seller. She said a lot of stuff and it refreshed my memory. The average person just doesn't realize how "going broke" makes people feel like trash. People start doubting themselves. They keep on kicking themselves...
Sacramento CA - I've heard the following myth from a lot of people. Here's what they tell me. "The banks can't afford to approve loan modifications because they don't want to take the losses on their books that fast. Also, their investors may not approve the short sale, because they can't afford ...
Many people think you will have a better opportunity of getting a loan modification if you pay up some of your back payments. It all depends on who you are talking to at your lender. When you first get behind on your payments, you will be dealing with the collections department. In my opinion, th...
The re-default rate of loans modified in the first quarter of 2009 was 51.5 percent by the end of the year, according to the Office of the Comptroller of the Currency and the Office of Thrift Supervision. Assistant Treasury Secretary, Herb Allison gave his opinion. “Borrowers were more likely to ...
Sacramento CA – It takes a lender months to foreclose on your house. I have seen some lenders take 2-3 years to foreclose on a house. There are two reasons this is happening. First, there are a lot of people unable to make their payments. Second, the court system is backed up. This gives you plen...
Sacramento CA – A forbearance is when you catch up all your back payments and continue paying your original mortgage payment. This is a good option for many. However, it doesn’t reduce your payment as much as a loan modification does. Most lenders are glad to negotiate a forbearance. The one adva...

John Hayes

Folsom,El Dorado Hills, Shingle Springs, CP
local_phone(530) 306-3316
smartphone(530) 306-3316
Contact The Author
Short Sale Updates, REO updates, Listing Updates, Area Stats, Folsom,El Dorado Hills,Mather,Cameron Park Ca