Is It Time For A New Water Heater?   Water heaters are one of those things that you don’t pay attention to until it no longer working correctly. Your water heater will not last forever, eventually it will fail. When will that be? There is no way to say how long a water heater will last but there are some signs that you can look for when the heater is nearing the end of its life.   Do I need a new water heater?   My water heater is leaking. There should never be water leaking from the heater, water leaking from inside the unit is a sure sign that it needs to be replaced. Even a slow internal leak is warning of further problems, and the unit should be replaced immediately. The water heater has rust or corrosion. Maybe the unit is not leaking yet but there are areas of rust and corrosion... 05/21/2013

242 Briggs Ranch Dr. - Folsom Home for Sale Check out my newest house for sale in Folsom!  242 Briggs Ranch Drive is an attractive one-story with a 3 car garage and RV access.  It has 4 bedrooms, 2 baths, and almost 2,100 square feet.  The yard is larger than average at .31 acres.  With the inventory of homes for sale in Folsom at a low, this home is going to be very popular at $375,000!  Plus, it's a traditional sale...no waiting for a short sale approval! Call your Folsom real estate agent for a tour of this Briggs Ranch home! Folsom home inventory is the lowest it's been since 2005.  This is creating a mini seller's market with multiple offers, competitive buyers, and full price+ offers.  With banks expected to release their shadow inventory of bank-owned homes later this year, there... 04/09/2012

Folsom El Dorado Hills CA – What can you do if you are facing a foreclosure? One of the scariest and worse case scenarios for a homeowner is getting so far behind in your payments that foreclosure is leering around the corner. You feel as though you have let everyone, yourself included, down. You feel embarrassed, even if you aren’t actually holding the papers yet. So now what? Click here to discover how other sellers successfully did a short sale and avoided foreclosure. Here are a few tips to help you out: 1.) First off if you’ve been getting letters “threatening “ foreclosure you need to step up and take action. Ignoring them until you actually get the foreclosure papers sent to you will not make it go away. 2.) It’s time to sit down and figure out how far behind you are and if it i... 12/08/2011

El Dorado Hills Short Sale Question: Lender Won’t Approve The Short Sale. What Should I Do? El Dorado Hills CA – The Stop Foreclosure Institute recently received a question from another agent named Sylvia. Here was her question. “Here's a question for you. I have a short sale with two offers. The appraisal was close to the sales price and the inspection was good. However, the bank calls me and says, “Sorry, you can’t short sale the house because this is a recourse loan for 5 years.” I did some research and the loan is owned by Fannie Mae. The sellers received foreclosure papers a week later. Fannie May says that the lender can approve the short sale. But, the lender says they can’t without Fannie Mae’s permission. Needless to say, I am confused. Any thoughts on how this could have a ha... 10/07/2011

El Dorado Hills CA – If you are thinking of short selling your house, then you have probably about forensic loan audits. Some claim they are wonderful. "Your lender will approve your short sale right away", one so called expert claimed. "Your lender is more likely to give you a loan modification after you discover they broke the law. And most loans were illegal during the crazy lending period we experienced recently", claims another. Click here to discover how other sellers successfully did a short sale and avoided foreclosure. Even more insane is the guy who claims, "Lenders will jump over themselves to approve your short sale flip offer." I didn't know if any of this stuff was true. But, I did hear a story where a lender didn't care about the forensic loan audit. An agent I know was ... 09/13/2011

FHA Loans - Higher Costs & Tougher Standards are Coming Soon:  An FHA Loan is insured by the federal government, guaranteeing its payment in case of default by the borrower.   FHA Loans, due to their low down payment requirements and other relaxed guidelines have become popular the past couple of years.  It was recently discovered that the Federal Housing Authority's reserves had dropped below their required limits and their solvency may be in jeopardy.  In response to this peril, HUD Secretary Shaun Donovan made it clear last week that buyers using FHA backed loans will be facing increased costs and tougher credit standards in early 2010.  How will this affect you?  Although the changes have not taken place yet, here is what's coming soon:  1)  An increase in the minimum down payment. ... 12/19/2009