Because we're a non recourse state and our laws vary slightly.
Location: Los Angeles/City of Industry CA
Latest Activity: Jan 11, 2017
Started by debbie rumsey. Last reply by Stephanie Yonai Oct 18, 2013. 22 Replies 0 Likes
Does anyone have experience dealing with Cal HFA? (California Housing Finance Agency)I am also looking for any email formats for them?Thank you!!Continue
Started by Jim Schneider. Last reply by William C. Black Sep 7, 2012. 2 Replies 0 Likes
I was contacted by a personal friend about a company out of California that said they could refinance her house for 3%, all they needed was $2500, could I look into it for her. Well, she sent me…Continue
Started by Thom Colby CA Brkr 888-391-5245. Last reply by Thom Colby CA Brkr 888-391-5245 Aug 24, 2012. 3 Replies 2 Likes
Brought to you by the CALIFORNIA ASSOCIATION OF REALTORS®. California Homeowner Bill of Rights Becomes LawAll eyes in the nation now turn to California as Governor Jerry Brown signed into law today…Continue
Started by Barrett Thomas. Last reply by Sherry Sims Jan 7, 2012. 1 Reply 0 Likes
Does anyone know the recourse on Mobile Home Loans?
@Larry Davis - You would want to go to the property management company for the HOA and find out how to order the whole set of HOA documents for your clients. In San Francisco North Bay (Marin and Sonoma county), it is customary for sellers to provide the whole set of HOA doc, including the HOA certs.
If you have properties in Marin/Sonoma, I'd be happy to help.
Escrow orders an HOA Cert - sometimes, depending on the HOA and Management Company that can be done on-line (by escrow) and they get it electronically. Another way is to look at closed sales and call the Buyer's agent and ask them what their experience was.....
Doesn anyone know about Mobile Home Short Sales?
Banks forced to do Short Sales!?!?!?!?!?!?!
California REALTORS ---- This will be in all the Major newspapers tomorrow.. Thank you CAR !
Attempting my first "Cooperative short sale" Anyone have success or in process of?
V Turner -
Write a letter to the Lender / Fannie Mae explaining that you cannot pay the promissory note AND explain why (loss of income, medical issues, etc.) Give it to yoru Listing Agent to send to the negotiator. They will retract the request and you will close soon.
Best of luck,
Newport Beach CA
Please help, I am the seller in a short sale and Fannie Mae is asking us to sign a promissory note of $10,000 on a 100% purchase loan on which we paid PMI. I cannot afford to make payments on this. The house appraised at around $170,000 and that is what is offered by the short sale buyer. Is this common and how do I get them to agree to the short sale without coming after me and how do I find out what language needs to be in the agreement to release me of liability. Thanks
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