RE/MAX Gold/ John J. Hayes

The U.S. housing market has shown increased stability in home sales during 2011 compared to the previous year. The trend has been an upward one since the expiration of the tax credit last summer. Home prices have softened, particularly earlier this year, due to a higher-than-normal number of dis...

El Dorado Hills CA – Most people short selling their home do not want to repay the deficiency. And in most cases, the lender allows them to walk away with no deficiency. But, that is not always the case. Some banks are very pushy when it comes to the deficiency. They won’t approve the short sale...

Folsom CA – I mentioned in the last note that you’ll need to keep a file of records about your credit restoration process. This is an important part of the process, and deserves a bit more than a brief mention. The credit reporting companies have 30 days (by law), to investigate and handle the d...

Fixing Credit After A Folsom Short Sale Step 2: Analyzing Your Credit Report Folsom CA – Once you have gotten your credit report, the next step in the process of restoring your credit score is to go over it with a critical eye. Analyze what the report says. Put aside any emotion that looking at t...

El Dorado Hills CA – The Stop Foreclosure Institute recently received a question from Dan. Here was Dan’s Question. "I recently purchased another home and tried to sell my former home. It isn’t selling and I can’t afford to make both payments. The home won’t rent for even 1/2 of the mortgage pay...

Folsom CA - The Stop foreclosure Institute recently received a question from Susan about short sales. Here was Susan's Question. "My home is scheduled to be going on the courthouse steps in about 2 months. I had thought about short selling, but a friend told me I wouldn't have enough time to do ...

Folsom Short Sales: How Do You Handle Multiple Offers? Folsom CA – The Stop Foreclosure Institute recently received a question from another agent. Here was her question. "I have a short sale listed. At what time in the short sale process do you stop accepting additional offers for submittal to th...

Common Sacramento Short Sale Myth: Short Sales Are Difficult And Banks Never Approve Them Sacramento CA - The Stop Foreclosure Institute recently talked to a homeowner whose home had been sold on the courthouse steps. We asked if she had considered selling the home as a short sale. "I did, but I ...

Sacramento Short Sales: How To Look At A Short Sale From The Lender’s Perspective Sacramento CA – The Stop Foreclosure Institute received a few responses from yesterday’s blog post. Most of the questions went something like this. "I think a lender would be stupid to approve an investment property...

Don’t Make This Mistake On Your Sacramento Loan Modification Sacramento CA – If you're trying to get a loan modification, then you have think like a banker. How you present your finances is the key to success. You’ve got to show them an income that’s not too high and not too low. If you show them...