In the Fourth Judicial Circuit Court in Duval County Florida in a court case of JP Mortgage Chase Bank versus two homeowners willing to defend their position, the court found JP Mortgage Chase, Washington Mutual Bank and their attorneys guilty of presenting false assignments of mortgage so th
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09/29/2010
Homeowner Gets Deed of Trust Voided, Promissory Note Rescinded and Financial Damages Award in Federal Court against Chase in Orange County, California For those who haven't heard of one of the victories that one homeowner just won against a bank trying to foreclose on a house, Paul Nguyen took it
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09/23/2010
Beautiful Carlsbad, California Home for Sale in Bressi Ranch Community This can be your dream home! 4 bedrooms2.5 bathroom3,019 sq ft.Built 20063 Car Garage Immaculate condition! Great planned community with pools, community center, shopping. Go to: http://buycarlsbadhouse.com/ for home tour.Call
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09/14/2009
One of the resounding issues we have found with San Diego homowners who have a need to short sale their home, is that they are not just underwater and in debt with their home. Usually the homeowners are facing extreme financial hardship and have used whatever source they can to survive. Many ho
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09/04/2009
California has strict rules regarding the collection of up-front fees for loan modifications. This is a regulated activity by the Department of Real Estate. Many loan modification companies are not fully compliant with the laws, and hundreds of Desist and Refrain Orders have shut down illegal o
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09/03/2009
We have been negotiating short sales for several years now. We have recently received two payoff statements from Bank of America with Line Item #10 stating "there must be no transfers of property within 30 days of the closing of this transaction" The Question comes to mind: Is this legal? Doe
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08/18/2009
I've spoken with multiple homeowners with horror stories regarding their treatment by the bank, while trying to avoid an oncoming train reck regarding their mortgage. Many people have been told that they need to be late on their mortgage for banks to consider either a loan modification or short
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07/23/2008
For those of you who are or have processed the a short sale with the lender one of the most important aspects of processing is bank follow-up. Do not expect the banks to call you! You must be the squeaky wheel to get your file looked at. Not only is it important that your file is complete, it i
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06/29/2008
We have found that under certain cirucumstances that it is advisable for Real Estate Brokers and their agents not to take a Short Sale Listing. Many have to do with time contrainsts, the particular bank(s) you will have to work with, and homeowner-specific circumstances. Here is a few that we h
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06/28/2008
