Ricco Sells Homes Blog

  Arizona Economic Development Director, Jonas Peterson, to Take EDC Reins June 28The Santa Clarita Valley Economic Development Corp. has hired an award-winning economic development director from Arizona to become the first executive director of the newly established SCVEDC. The SCVEDC Board of ...

Valencia resident's here's an interesting way to put your home to work for you. Going green with solar not only adds value to your property, it saves you on energy costs and gives Federal Tax Credits and Rebates.  Definitely worth looking into if your looking for tax credits, even as a new buyer ...

                                           The term Strategic Default is the current buzz word ringing in homeowner's ears. Homeowners considering to strategically default on their mortgage need to carefully consider the pros and cons.  Homeowners should consult with a CPA or attorney regarding a...

                                   Santa Clarita Foreclosure & Short Sale Resource Center These are tough and frustrating times with nearly 1 out of every 6 homeowners in America are behind on mortgage payments.  Chances are, you or someone you know in Santa Clarita is facing the possibility of f...

Like the original HAFA guidelines issued from Treasury, Fannie and Freddie loans must first be found eligible for the Home Affordable Modification Program (HAMP). If the borrower then fails to fulfill their HAMP obligations, a HAFA short sale or deed-in-lieu will be offered, but unlike the non-G...

                                                                               Does your mortgage make you feel like your in a maze? Headlines today are filled with stories about homeowners in financial distress-people who face a lender's foreclosure on their home. Millions of American homeowners...

Why Choose a Keller Williams Agent? Jennifer and I joined Keller Williams VIP Properties, in Santa Clarita California because we were attracted to their business model and the strong moral and family orientation of the company. Their education and training is unsurpassed in the industry, which is...

Here are some interesting graphs that support an increase in foreclosure starts (filing NOD's). As you can see by the graph provided by Lender Processing Service.  As indicated the number of loan deteriorating further into delinquent status is almost 2.5 times the volume of Foreclosure starts (d...

                  Here are some definitions our clients focus in on during our pre foreclosure consultations. Most pay particular attention to NOD & NOTS, however sometimes sauvy clients point out how the media or real estate professionals are misusing the term foreclosure IE; I can help you buy ...

Loan/mortgage is eligible for HAFA Short Sale Program if all of the following conditions are met: • Property is borrower's principal residence • Loan is a 1st lien mortgage • Originated before Jan 1, 2009 • Mortgage is delinquent or default is reasonably foreseeable • Current unpaid balance is e...