http://www.southsacramento.com Informing "Home Sellers" and "Home Buyers" Wed, 12 May 2010 20:10:37 +0000 http://backend.userland.com/rss092 en If you have received a "Notice of Default" you have roughly 112 days before you loss your home.  Get help! Even if you have modified before,  you might still have options.  You might be able to take advantage of the "Making Home Affordable Modification".  Don't quit.  If you have exhausted all ... http://www.southsacramento.com/have-you-received-a-notice-of-default/ http://www.southsacramento.com/sacramento-homes-listed-vs-homes-sold/ All MLS listing in the Sacramento Region available. Here is what you can expect: Quick Search  and daily emails available for new listings Change your home Search criteria when you like Save, track and leave notes on you favorite properties Email me for showings or financing information Do a map search http://www.southsacramento.com/using-this-site/ This is a list of homes currently scheduled for auction.  The accuracy of all information is deemed reliable but not guaranteed.  Individuals must verify all information.      Address  City State Zip Auction Date 9744 Westfalen Way Elk Grove CA 95757 1/21/2010 6124 Wild Fox Ct Elk Grove CA 95757 1/19/2010 9921 Benevento Way Elk Grove CA 95757 1/19/2010 9851 Cortino ... http://www.southsacramento.com/area-homes-scheduled-for-auction/ What is a "Short Sale"?  The "Short Sale" lender agrees to accept as payment in full a reduced loan balance, including liens, closing cost and commissions, etc.  Can I do a short sale if a "Notice of Default" has been filed?  Yes, you can still sell your home, but timing is critical.  In order ... http://www.southsacramento.com/most-frequently-asked-short-sale-questions/ "When Diane Taylor came to our door, we had basically given up hope of working with our bank to get anything done with our house.  She encouraged us to try a short sale.  Diane sat down with us and explained the entire short sale process.  She answered all of our ... http://www.southsacramento.com/i-am-satisfied/ “Copyright National Association of REALTORS®, Reprinted from REALTOR.org with permission.” The tax deductions you’re eligible to take for mortgage interest and property taxes greatly increase the financial benefits of homeownership. Here’s how it works. Assume: $9,877 = Mortgage interest paid (a loan of $150,000 for 30 years, at 7 percent, using year-five interest) $2,700 ... http://www.southsacramento.com/tax-benefits-of-homeownership/ "Copyright National Association of REALTORS®, Reprinted from REALTOR.org with permission." What is a short sale? A short sale is a transaction in which the lender, or lenders, agree to accept less than the mortgage amount owed by the current homeowner. In some cases, the difference is forgiven by the lender, and in ... http://www.southsacramento.com/why-is-the-number-of-short-sales-rising/ Should I pay for a loan modification?  Who can help me? Is a loan modification best for me? Click on the highlighed link and get answers to some of the most Frequently Asked Questions regarding loan modifications.  What if you tried a Loan Modification, but it was denied or rejected.  Are you currently facing foreclosure?  ... http://www.southsacramento.com/the-loan-modification-and-hud/ Short Sale means the sellers loan balance is higher than  today’s market value of the property.  Example, Sellers loan balance $200,000 (amount owed to lender).  Today’s market value $100,000.  The seller is short $100,000.  The sellers lender will decide if they willing to accept the sellers shortage.  The lender has ... http://www.southsacramento.com/short-sale-example/