Antioch CA - The big banks made mistakes and received a bailout. They have the resources to lobby congress and the courts to have laws written to suit them. But, what has the little guy received? Nothing. So we decided to put together a Homeowner's Bill of Rights. It's time we had Washington look at what we want, versus taking care of the big banks. Considering that the big banks have way more rights than the little guy, here is what we think should be done to "level the playing field." The Homeowner's Bill of Rights. 1. Stop The Loan Modification Insanity! The Right to an open and transparent loan modification process. Any homeowner that can no longer afford their mortgage payment, petitions their lender for a loan modification, and it turned down shall receive a written, coherent resp... 12/06/2010

Antioch CA - Wiki leak's Editor, Julian Assange, recently said he would be releasing documents on a large US Bank. We decided to beat him to it and release some information on how a large US Bank caused their client to lose an estimated 40k because of their incompetence. Discover how other sellers successfully did a short sale to avoid foreclosure by clicking here. This is a house that we drive past every day on my way to work. We noticed that it look abandoned. We looked up the owner to see if they might want to sell the house. That’s when I saw that the home had already been foreclosed. The house was foreclosed on February 4th, 2009. That’s almost a two years ago. Since we didn’t know who the lender was, we forgot about the house. But, it was a great example of why a bank owned house ... 12/02/2010

Antioch CA - Most people think the person they mail their mortgage payment to every month is the owner of their loan. Not so. In fact, most of the time, they are not the owner. As an example, 80% of all loans that Bank of America handles are not owned by Bank of America. Discover how other sellers successfully did a short sale to avoid foreclosure by clicking here. The largest owners of US mortgages are two companies that some would allege are owned by Uncle Sam. They are Fannie Mae and Freddie Mac. They own an estimated 55-60% of all US Mortgages. Another estimated 10-15% are insured by Uncle Sam as well, thru the FHA and VA loan guarantee programs. Another estimated 10-15% are owned by Wall Street Firms, Pension Funds, and other entities. That means the company you mail your check to ... 11/29/2010

Homepath Homes in Antioch California These are all the Homepath Homes in Antioch California as of 11-29-10.  If the this post is now somewhat dated and no homes are showing please E-Mail me for a current list of Homepath Homes and let me know where you are interested in Homepath Homes. Or Click Here to Search Homes! Homepath Homes are Fannie Mae owned homes on the market in many local markets.  Homepath offers streamlined financing for Fannie Mae Homes with 3% down payment options. Right Now many Homepath Homes are offering special Incentives if you close on a purchase by the end of the year.  On many of these homes they are agreeing to pay 3.5% closing cost.  With the streamlined Homepath Mortgage it may be possible to close by the end of the year if you shop now. Antioch California is... 11/29/2010

Bank Owned Homes 94509 - 94531 Bank Owned Homes have dominated the market for the last couple of years. At this time Short Sales may be more prevalent, but as banks begin to unload inventory we may see more and more Bank Owned Homes on the Market. (Click Here for Free Report on Bank Owned Homes!) This report looks at market trends of Single Family Bank Owned Homes 94509 - 94531 - Antioch California - by looking at the current market and comparing it with sales of Bank Owned Homes in September and October. Right now there are 113 Bank Owned Homes 94509 - 94531 on the market with an average asking price of $203,557.00 and a median asking price of $192,900.00. The average asking price per SF is $109.00 and they have been on the market an average of 44 days. In September 54 Bank Owned Homes... 11/26/2010

Antioch CA - I am following up on a question from Arman. His loan was owned by Fannie Mae and the company handling the loan for Fannie Mae was rejecting an excellent short sale offer for no reason. Discover how other sellers successfully did a short sale to avoid foreclosure by clicking here. Here is a quick recap of what I recommended Arman do. Step #1: Call up IBM and demand a written letter explaining why they are declining the short sale offer. Step #2: Write down what you project your damages are going to be if the property is foreclosed upon instead of sold as a short sale. Step #3: Call up the company handling the loan for Fannie Mae and tell them if they reject the short sale for no reason and the house is foreclosed, then you will be suing them for those specific damages you dr... 11/23/2010

Antioch CA - I just saw the second of two articles about homeowners losing their home or property because of high property taxes. Most of the stories were based in the Northeast, where the property taxes are much more expensive. In one story, http://www.wbaltv.com/r/25677444/detail.html, a Maryland Woman is going on a hunger strike to bring attention to the situation. The story makes it sound like high property taxes caused her mortgage payment to go up by 40%. That is a huge jump in property taxes. I have seen some people’s property taxes jump by $200 to $400 myself. In another story, a lady in Connecticut lost some property next to her house after a drawn out tax dispute. Here is the link to the news report: http://www.youtube.com/watch?v=hFQzxY2Mlxo. The new owner of the land put up ... 11/19/2010

Short Sales 94531 Short Sales have become the dominate part of the market. You cannot ignore what is going on with Short Sales. This report looks at Single Family Homes that are Short Sales 94531 - Parts of Antioch California by comparing the Active Market to the Pending Short Sale Market and the Short Sales for the last two months. There are 93 Active Short Sales 94531 on the market now with an average asking price of $241,697.00 and a median price of $234,500.00. These Short Sale Homes are listed at an average or $109.00 per SF and have been on the market an average of 59 days. In September 18 Short Sales 94531 closed escrow with an average price of $240,204.00 and a median price of $237,500.00. The average price per SF on the Short Sales was $110.00 and the homes were on the market f... 11/17/2010

Short Sales 94509 Short Sales have become the dominate part of the market. You cannot ignore what is going on with Short Sales. This report looks at Single Family Homes that are Short Sales 94509 - Parts of Antioch California by comparing the Active Market to the Pending Short Sale Market and the Short Sales for the last two months. There are 75 Active Short Sales 94509 on the market now with an average asking price of $173,874.00 and a median price of $164,900.00. These Short Sale Homes are listed at an average or $108.00 per SF and have been on the market an average of 60 days. In September 11 Short Sales 94509 closed escrow with an average price of $158,863.00 and a median price of $170,000.00. The average price per SF on the Short Sales was $97.00 and the homes were on the market fo... 11/17/2010

Antioch CA - The Stop Foreclosure Institute recently received a question from James. “My loan was just sold. I was making payments to CitiFinancial and they sold it to Nationstar. Is that good or bad?” James asked. Discover how other sellers successfully did a short sale and request a free consultation by clicking here. Here is the answer. It’s neither good nor bad. In fact, I don’t think your loan was sold. You see, most loans were packaged up and sold to Fannie Mae, Freddie Mac, or Wall Street. James’s loan was more than likely packaged up and sold off. I asked him who his original lender was. He said it was a company called First Magnus. (First Magnus declared bankruptcy in 2007 and was afterwards closed.) The Stop Foreclosure Institute has negotiated short sales on loans that were o... 11/17/2010

Antioch CA - I'm sure you have heard about forensic loan audits. I've heard people say how wonderful they are. "Your lender will approve your short sale right away", claims one. Discover how other sellers successfully did a short sale and request a free consultation by clicking here. An agent told me a story about forensic loan audits. He worked with a woman who was trying to short sales 3 houses. He knew they were short sales and was glad to list them for sale. There was a guy involved who was supposed to be doing all the "negotiating" with the lender. Little did this agent know this guy was trying to flip the houses. This guy had a forensic loan audit done. He claims he paid foreclosure defense lawyers out of his own pocket. He did all this stuff in an attempt to force the lender to a... 11/16/2010

Antioch CA - Yesterday I gave you a good example of why you should "escalate" a short sale file. The Stop Foreclosure Institute took a short sale that wasn't going to be approved, pushed for an approval, and received it. As a result a homeowner avoided foreclosure, a buyer was able to buy the home they wanted, the bank reduced their losses, and we made a little money. There are a few problems you may run into when you attempt to escalate a file. Sometimes the negotiator won't give you their supervisor's info. They won't order a new appraisal or help you out. Most people would be at a dead end. Here is how to get their supervisor's contact info. Discover how other sellers successfully did a short sale and request a free consultation by clicking here. Call the lender's short sale 800 num... 11/12/2010

Homes for Sale 94531 The Market Report looks at Single Family Homes for Sale 94531, which is parts of Antioch California by comparing the current market with sales for the last two months. Right now there are 185 Homes for Sale 94531 with an average asking price of $253,077.00 and a median price of $239,900.00. The average asking price per SF is $113.00 and the homes have spent an average of 62 days on the market. In September 54 Homes for Sale 94531 sold for an average price of $260,324.00 and a median price of $252,500.00. This is an average price per SF of $111.00 and the homes were on the market for an average of 30 days. In October 47 Homes for Sale 94531 sold for an average price of $239,304.00 and a median price of $225,000.00. This is an average sold price of $116.00 per SF and ... 11/12/2010

Homes for Sale 94509 The Market Report looks at Single Family Homes for Sale 94509, which is parts of Antioch California by comparing the current market with sales for the last two months. Right now there are 197 Homes for Sale 94509 with an average asking price of $187,203.00 and a median price of $180,000.00. The average asking price per SF is $112.00 and the homes have spent an average of 54 days on the market. In September 57 Homes for Sale 94509 sold for an average price of $172,844.00 and a median price of $165,000.00. This is an average price per SF of $108.00 and the homes were on the market for an average of 36 days. In October 64 Homes for Sale 94509 sold for an average price of $175,108.00 and a median price of $175,500.00. This is an average sold price of $110.00 per SF and ... 11/12/2010

Antioch CA - First, it benefits the owner of the loan. This is because they get to sell the house at today's price, versus what it will be worth 6-12 months down the road. I just did a comparison and pulled up sold listings. All of the listings were similar properties in similar neighborhoods. First, I looked up the average selling price per SQFT of homes that sold in Spring. They sold for an average of $103 a SQFT. Then, I pulled up homes in the same neighborhoods that sold as REOs in the last 2 months. They were sold for an average of $98 a SQFT. These homes average 3,000 SQFT. That means a 3,000 SQFt REO sold for $15,000 less. Ouch! Discover how other sellers successfully did a short sale and request a free consultation by clicking here. The other person that's getting value is the ... 11/10/2010

Antioch CA - The Stop Foreclosure Institute received another testimonial from a seller. She said a lot of stuff and it refreshed my memory. The average person just doesn't realize how "going broke" makes people feel like trash. People start doubting themselves. They keep on kicking themselves down mentally. "Why did I buy that house?" "Why didn't I work harder at my job, so I wouldn't get laid off?" Why did I get laid off, and not Joe?", they say to themselves. "I am such a loser and I can't find a decent job anymore!" Discover how other sellers successfully did a short sale and request a free consultation by clicking here. They start thinking all of this stuff. Then, they start getting a lot of mean people calling the house. People such a bill collectors, debt collectors, and their mor... 11/09/2010

Antioch CA - The Stop Foreclosure Institute recently received a question from a homeowner facing foreclosure. I'll call him Dave to protect his identity. (Foreclosure is embarrassing and I don't want to put his name out there.) Dave asked, "I haven't made a house payment in a while. I'm just wondering how much longer it will be before I have to move out?" Discover how other sellers successfully did a short sale and request a free consultation by clicking here. Most people in foreclosure are at a disadvantage because they how the process works. Here is the answer to his question. It all depends what on the state he is located in and whether or not his lender has started the foreclosure process. So the first thing you should do is find out if the foreclosure has been started. You can do t... 11/05/2010

Investment Properties 94509 94531 Investment Properties 94509 94531 - Antioch California are some of the best opportunities for investors in California. Antioch California lies in the Sacramento-San Joaquin Delta where they two rivers come together and flow towards the San Francisco Bay. Homes in this community are affordable but get good rents for the money. Antioch is the largest community in East Contra Costa County and is the center of commerce and business in East Contra Costa County Investment Properties 94509 94531 are in demand for these reasons and more. Right now with prices and interest rates low it is time for Investors to buy Investment Properties 94509 94531 - Antioch California. For the first time Investor there are a number of fine Single Family Homes, Condos, Townhomes,... 11/05/2010

Antioch CA - "The only thing certain in life is death and taxes - Benjamin Franklin"][/caption] The Stop Foreclosure Institute recently received a question from a homeowner facing foreclosure. I'll call him Peter to protect his identity. (Foreclosure is embarrassing and I don't want to put his name out there.) Peter asked, "I am six months behind on my mortgage payments. I just got the tax bill for 2010 in the mail. Should I pay it?" He continued, "What will happen if I don't pay it? Will my house be auctioned to pay the taxes?" Discover how other sellers successfully did a short sale and request a free consultation by clicking here. Here is the answer to Peter's Question. It all depends on what his plans are and how tight he is on money. Most people in Peter situation fall into one of ... 11/04/2010

Antioch CA - Should you walk away or should you stay? Here is how to determine whether or not you should walk away from your home. Because of the decline in the nationwide housing market, I doubt that your home is worth what you paid for it. Discover how other sellers successfully did a short sale and request a free consultation by clicking here. First, determine the current market value of your home. Talk to a realtor. They will give you a market analysis, based on what other homes similar to yours are selling for. For example, we recently helped a home seller who had paid around $700,000 for his home. We thought the home was worth about $400,000. His mortgage payment was a little over $4500 a month. When you add in the property taxes and insurance his total monthly payment was around ... 11/02/2010