As a Realtor that represents a major bank with their foreclosures, this is becoming a real problem in the current market. Imagine you signed a Lease for a home and you have been in the home for 8 months paying on time and one day there is a knock on the door. The representative at […]
Layman’s Information on H.R. 3221- Foreclosure Prevention Act of 2008
Layman’s Information on H.R. 3221- Foreclosure Prevention Act of 2008 The Good, the Bad and the Ugly: Part II It has been a few months since my first installment of this “series” and it’s time for some very important updates on the current state of the mortgage market. This information will affect you in the […]
What is REO?
What is REO? Here’s one for the longtail and a sort of WIKI entry to my BLOG!!! In any business it is hard not to slip into the industry vernacular and forget that our audience may not really be following. REO is an acronym for Real Estate Owned. Here in Simi Valley and Moorpark an […]