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Update on the “Making Home Affordable” Plan

Posted by jillcruey in September 16th, 2009 | no comment 
Published in Loan Modification, Short Sale

The Obama administration’s $50 billion mortgage relief program is finally picking up speed after a sluggish and disappointing start: Nearly early one in five eligible homeowners have been offered help so far.
The “Making Home Affordable” plan was launched with great fanfare in March. As of last month, lenders had sent out more than 571,000 offers […]

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Referral List for Short Sale/Loan Modification Advice

Posted by jillcruey in September 16th, 2009 | 1 comment 
Published in Loan Modification, Short Sale, Foreclosures

There are several local agencies in the Bay Area who will offer advice to homeowners who are trouble with their home loans.   Here is a list of some of them:

HUD Approved Counselors (800) 569-4287
California Bar Association Real Estate Information Page,  http://foreclosureinfoca.org/
Debt Collections Information (877) FTC HELP, http://www.ftc.gov/
John F. Kennedy Elder Law Clinic, 925-969-3341
Hope Now […]

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313 Bank Owned Foreclosures in Costa County Today

Posted by jillcruey in September 15th, 2009 | no comment 
Published in Foreclosures, Market Statistics, Home Purchase

There are 313 single family homes for sale today in Contra Costa County that are bank owned foreclosures (REOs) on the MLS.  There have been 610 REOs closed sales since 8/1/09.  The lowest priced single family home sold in Richmond on 8/3/09 for $36,000.  The highest priced single family home sold in Blackhawk for $1,500,000.
The […]

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