Joshua Deknoblough's (joshdek) Blog

  Foreclosure filings in Shasta County increased 32% compared to the previous month.  There were 78 notices of default filed with the Shasta County Recorder’s office in the month of October, compared to September’s low of 59. When we compared this month last year we saw 22% fewer filings.  In Oct...

With the changes in the credit market and the new FHA guidelines 100% financing is almost impossible to find.  I say almost because there are a few programs still available.  One of them is the U.S.D.A. Rural Development Program.  The U.S.D.A. Rural Development Program is a government backed loa...

A Deed-in-lieu of Foreclosure is basically giving the house back to the lender in exchange for payoff of the loan.  In most cases this will only work if the borrower does not have a second loan on the property.  The reason is, you can only give the property to one lien holder and the other lende...

We receive lots of questions about tax liability of short sales and foreclosures.  As real estate brokers we are not licensed to give advice on this topic however we can lead you to the information that may answer your questions.   On December 20, 2007 the Mortgage Forgiveness Debt Relief Act of...

Don't forget Saturday night is the City of Redding's Freedom Festival.  The fireworks show that is normally scheduled for July 4th was postponed this year because of the fires.  It will be held outside on the Redding Convention Center grounds.  Admission is free and there will be venders, food an...

Foreclosure filings in Shasta County dropped significantly compared to the previous month.   There were only 59 Notices of Default filed compared the previous months number of 206.  When we compared this month last year we saw a 34% fewer filings.  September 2007 there were 89 notices of default...