Distressed Homeowners, Want to Stay in Your House?

Thanks to the government's "Making Home Affordable" program, there's a good chance you can stay in your home if you are distressed home owner. The program, Home Affordable Foreclosure Alternative (HAFA), has new voluntary guidelines to help home owners who want to stay in their home, stay, and stay affordably. Though these guidelines are voluntary, over 100 loan servicers have signed up for the program, representing 89% of current mortgage debt.


To Learn More about eligibility:
http://makinghomeaffordable.gov/

Why Rent when You Can OWN

Just listed, 1, 2 and 3 bedroom condos in the heart of Elk Grove's Laguna area. These are located in the established neighborhood of Foulks Ranch and close to the greenbelt, parks, schools and shopping. Community complex is well maintained and includes pool, spa, fitness center, club house and child park. Each unit also includes a detached garage.

1 bed/ 1 bath 772 sf $85,000
http://www.postlets.com/res/2655256

2 bed/ 2 bath 1,039 sf $104,500
http://www.postlets.com/res/3617020

3 bed/ 2 bath 1,168 sf $120,000
http://www.postlets.com/res/2648744

Immaculate Stonelake Home $235K

This home has is a short sale with one offer to the bank, but we are looking for backups....just in case. It's on a private street and has 3 bedrooms, a den/office and two bathrooms. At 1,728 square feet, there is plenty of room, but you won't spend all your weekends cleaning or doing yard work. Within the community of Stonelake there is a club house, pool, spa, tennis courts, basket ball courts, an elementary school and great parks. Also, closes to shopping and freeway access...but not too close.

See for yourself:
http://www.postlets.com/res/3385783

FHA Buyers Forget the Tax Credit, Go for this Short Sale

I know all you FHA buyers out there are ignoring the short sales so that you can get the tax credit. However, I also know you are getting beat out by multiple offers, and those doing conventional loans or paying cash. Forget the credit and wait it out for a fabulous house. Here's your opportunity to own a home in the established neighborhood of Foulks Ranch in Elk Grove. A neighborhood of award winning schools, a greenbelt, multiple parks and amenities galore.

This home's layout cannot be beat -- it's open, airy and just waiting for your touches. It has 4 bedrooms, 3 full baths and 2291 square feet, with one bedroom/bathroom downstairs. Also, recently upgraded with a roof, air conditioner, heater, water heater and kitchen appliances.

Don't miss this house:
http://www.postlets.com/res/3551719

Mobile Home Just Reduced to $39,000

There aren't many places you can own to live in for $39,000. Cars cost more than this! If you are 55+ and want to live in the most well-maintained mobile home park in the valley, then this is the one for you.

For property details:
http://sacramento.craigslist.org/reb/1651748589.html

New Listing 5430 Jacinto Ave, Sacramento

New short sale listing -- ONE LOAN -- the best kind of short sale to put an offer in on.

Well maintained home in desirable neighborhood near the greenbelt, trails and schools. Home features lots of natural light, spacious and open living areas, vaulted ceilings, kitchen island, backyard patio cover and much more. Home has 3 bedrooms, 2.5 baths and 1435 square feet.

For details and photos, click link below:
http://www.postlets.com/res/3518482

Waiting for Loan Docs

When you get toward the end of escrow, the last thing everyone is waiting for are the infamous buyer's loan docs. I call the lender, "where are the loan docs." Lender says, "they are at title." I call title, title says, "we don't have them." Buyer calls me, "where are my loan docs." And so the story goes with multiple calls to all concerned.

Loan docs arriving mean buyers are days away from owning a home, and a seller almost free of the home. But the endless hunt can be exhausting. Of course, once everyone signs -- buyer and seller -- then the "did the loan fund," game starts. Basically a repeat of the above. In the end, it's always the same, a closing of a deal...and a happy ending.