by Phyllis Rockower | Mar 4, 2013 | Foreclosure Updates
When talking to sellers who are in trouble, the topic of loan modification will always come up. You need to have some basic information to give to them. First of all, there are very tight qualifications for this process and it ain’t easy. If you make too much,...
by Phyllis Rockower | Feb 17, 2013 | Foreclosure Updates, Uncategorized
California has strict laws about what you can and can not do if someone is in foreclosure. They have a special agreement called an equity purchase agreement and a five day right of rescission. There is a law that will get you in trouble if you violate it. Make sure...
by Phyllis Rockower | Sep 18, 2012 | Economic News, Foreclosure Updates, Housing News
Prices are really jumping because of the shortage of homes available and the big hedge fund dummies buying up everything. However, i am concerned. This is not a natural progression. Usually prices increase when income increases. This is not why prices are increasing....
by Phyllis Rockower | Jul 25, 2012 | Foreclosure Updates, Housing News
Both houses being foreclosed on and the number of properties entering the foreclosure process is down. It is clear that we have turned the corner. Don’t wait until it’s too late and prices start to rise big time. Yes we will have another bubble. It always...
by Phyllis Rockower | Jul 13, 2012 | Foreclosure Updates
It’s to be expected that a non-judicial process that divests a defaulting property owner of their title to real property would be closely regulated to insure fair dealing and uniform application throughout the state. California is one of the toughest. Even in...