Has anyone heard or seen the new Bank of America Short Sale Addendum that they require all parties involved, including agents, to sign? I'm working on getting a copy of it...Continue
Los Angeles Short Sales - Chase to buy Bank of America!!!!
After some digging in I've been told by an Attorney who's one of several attorney's working on the buy out/merger of Bank of America with Chase! What I've been told is that out Federal Government has been strategically planning on having Chase buy Bank of America for years now! It's finally coming to life..! I've been waiting off on putting this…Continue
Los Angeles, CA – Just in, Governor Brown, signed into law today, SB458. This law will be written in the California Civil Code Procedures under CA CCP Section 580(e).
What this law states is that if a homeowner does a short sale, where the property has a 2nd Trust Deed, that 2nd lender/investor can no longer pursue the homeowner for the deficiency…Continue
Los Angeles CA – I recently received an e-mail from another real estate agent. They were asking for our advice on a short sale.
They accused a large, national lender (one of the 4 largest in America) of lying to Fannie Mae. Fannie Mae is almost a subsidiary of the Federal Government
Los Angeles CA – I receive calls all the time that go a little something like this: “I have fought the bank for year and half, and after paying thousands and thousands I…Continue