Find a Home to Buy Rocklin-Search for Rocklin CA Homes for Sale Buying a new home is a big and exciting step.  Buying a home in Rocklin CA is a smart move!  Rocklin is: Beautiful.  It is hilly, has lots of trees, and well kept homes. Family friendly.  Many move to Rocklin primarily for the schools.  It is home to several CA Distinguished Schools.  It also has tons of children's Continue Reading

First Time Home Buyer Rocklin It is an exciting time to be a first time home buyer in Rocklin.  Prices in Rocklin have never been better!  As a first time home buyer, you have a lot of advantages.   You don't have a house to sell first.   Your credit is probably pretty good since you don't have a short sale or foreclosure in your recent past.  Last, you have some terrific mortgage and Continue Reading

Rocklin Short Sale-Will I Have Tax Liability? If you're a Rocklin homeowner, considering a short sale, you are probably wondering if you will have to pay Federal or State taxes once the short sale is complete.  The Mortgage Debt Relief Act applies to people selling their primary residence as a short sale and only applies to qualified principal residence indebtedness.  Qualified principal Continue Reading

Short Sale Rocklin-Why Would My Lender Agree to a Short Sale? Lenders have incentive to negotiate a short sale with a distressed Rocklin homeowner.  For example, if your lender took back your home as a foreclosure, they would become responsible for the maintenance, HOA fees, utilities, and other fess.  They would also be responsible for any vandalism, squatters, or damage done to the Continue Reading

Rocklin Short Sale-Do I Qualify for a Short Sale? If you are considering selling your Rocklin home as a short sale and have already investigated the short sale process, you are probably wondering if you qualify for a short sale. To qualify for a Rocklin short sale you must have a hardship of some kind.  Examples of a hardship: Sudden Illness or medical condition. Unemployment or Continue Reading

Short Sale Rocklin-Writing a Hardship Letter When selling your Rocklin home as a short sale, your lender will ask you to write a hardship letter explaining why you can no longer afford to pay the mortgage on your home.  The hardship letter is an important part of the short sale process. Learn how to write the best possible hardship letter for your Rocklin short sale: Make your Continue Reading

Buy A Short Sale Home in Rocklin It's a Buyers Real Estate Market and often the best deals, with the most room for negotiating come from short sale listings.  A short sale is when a seller owes more on their home than it's worth and must sell, negotiating with the lender to accept less than the mortgage amount. As a Rocklin short sale buyer, your best chance for a successful short Continue Reading

Rocklin Short Sales-Avoid Deficiency Judgment What is a deficiency judgment?  A deficiency is the amount of the principle mortgage LESS the amount the bank receives from a short sale.  A deficiency judgment is when the lender tries to collect some or all of the deficiency after the short sale closes.  Attention Rocklin Short Sale Sellers.... you DO NOT want to agree to a short sale if Continue Reading

Rocklin Short Sale Process Short Sales in Rocklin are becoming a more common and successful way to sell a home.   Here is the Rocklin short sale process for both sellers and buyers: Short sale process for Sellers:  1. Contact an experienced Rocklin real estate agent who is an expert selling short sales.  They will meet with you and discuss your options for a loan modification or short Continue Reading