Rama Mehra
San Ramon Real Estate Specialist
San Ramon Real Estate Blog
Search for Homes for Sale and Market Statistics of San Ramon, Dublin, Pleasanton and Danville Real Estate
It took a lawsuit for Bank of America to swing into action but is too little too late?? All the big announcements in the media and people getting excited that their bank is finally going to help but out of the millions of troubled loans on their file, they are going to help only 45,000 homeowners... are you kidding me?? Pulling the wool over the eyes is a forte with banks in our country.
Read all of Bank of America principal reduction- too little, too late?
The much awaited HAFA- Home Affordable Foreclosure Alternative- provides opportunities for homeowners who can no longer afford to stay in their home but want to avoid foreclosure to transition to more affordable housing through a short sale or deed-in-lieu of foreclosure.
Read all of HAFA is finally here
•First American CoreLogic estimates that the typical U.S. homeowner who is in a negative equity position will not experience positive equity until late 2015 to early 2016. •In some depressed markets, the typical borrower in negative equity may not experience positive equity until 2020 or later. •For the foreseeable future, decline in negative equity is driven slightly more by amortization than by home price appreciation trends.
Read all of How Long will the Negative Equity Last? It may take years..
When a lender agrees to accept less for a property than is actually owed on a property this is called a short sale. When the lender agrees to accept the short sale they have a few options. They can choose to accept the loss, as a tax write off for themselves.
Read all of Tax Implications in Short Sales
New Obama Treasury Department program PAYS homeowners to avoid foreclosure..and do a short sale. In an effort to end the foreclosure crisis, the Obama administration has been trying to keep defaulting owners in their homes. Now it will take a new approach: paying some of them to leave.
Read all of Mortgage Principal Reductions- Truth or Myth?
A non recourse loan is a loan with no personal or business responsibility.If the loan is not paid off, the lender can not go after the borrower. At most, the lender can keep the collateral pledged as a warranty for the loan.
Read all of Recourse vs Non Recourse Loans
Short Sales in San Ramon|Foreclosures in San Ramon|Investment Homes in San Ramon| Short sell my home
Investment Properties in San Ramon, Foreclosures and Short Sales in San Ramon
Foreclosures in San Ramon CA, Pleasanton,Danville,Dublin can make great homes and great investment properties. Free foreclosure lists!
Read all of Foreclosures - List of San Ramon Foreclosures & Area Foreclosures
Read all of Windemere has plenty of good deals
New overpriced listings in Windemere and it just blows my mind that some sellers are getting taken for a ride.When sellers contact me for getting a value of their homes, I tell them the truth.Some like it and some don't because people want to hear what they think is right.
Read all of Overpriced Listings.. don't they get it?
