Bank of America said today it would stop foreclosures in all 50 states, including CA.  Last week B of A stated they would halt foreclosures in 23 states but California wasn't included. Now, the nations largest bank is stopping all foreclosures while they review their foreclosure documents and process.  So, what does this mean for homeowners in default with BofA? Well at least for Continue Reading

Sacramento property values have declined another 3.7% in the last fiscal year according to state tax officials.  In my opinion, these tax officials are conservative with their estimates because higher property values equals more property taxes.  Still, lower values and historically low interest rates are not keeping buyers away. Read more here: Continue Reading

I get this question a lot.  Here is an easy article that expains the basics: http://www.sacbee.com/2010/09/05/3006672/the-path-of-a-short-sale.html Posted by Allan Sanchez Sacramento, Roseville, Elk Grove Short Sale Agent www.AllansHomes.com Continue Reading

I'm sure you have heard the stories about Short Sales and what they entail.  I have sold some short sales that take about as long as a traditional sale and are a great deal, even compared to foreclosures.  Then, there are the six months wait, only to have the bank foreclose and leave my buyer hanging.  The worst part is, you never know what you are going to get.  You don't know whether your short Continue Reading