Antioch CA – Loan Modifications are tough. Lenders don’t want to reduce your payment or reduce the amount you owe. It’s insane. Don’t even get me started on the topic of the nation’s courts being tilted in the favor of the big banks! Most loan modifications end in failure because the banks are so hard to work with. In a recent story in the news, a New Jersey Company is accused of defrauding homeowners out of thousands of dollars. Discover how other sellers successfully did a short sale to avoid foreclosure by clicking here. According to the story, one couple had more than $2,800 billed to their credit card but received no loan modification. Another customer paid more than $3,500 and received no assistance. Your best bet for a successful loan modification is to negotiate it yourself. No ... 01/02/2011

Real Estate Investors often get started with Investing like a Blogger gets started with Blogging. They tell you to just get going and learn as you go. There is a difference. As a Blogger I make a lot of mistakes. I look back and wish I had written something different, set my categories different, worked on the back side of it better, or did any number of things different. Some of these things I can correct easily, others not so easily, and I loose opportunities by not starting off right. In Real Estate Investing I see a lot of Investors here in Contra Costa County Communities such as Antioch, Pittsburg, Oakley and Brentwood start of in the wrong direction. The problem with starting off wrong in Real Estate Investing is it is harder to fix the problem, if you can fix it all. What seem li... 01/02/2011

For Real Estate Investors almost every example I have found shows the Real Estate Investor is better off putting as little down as possible. I will tell you why before the end of this post. But first a word of caution. Click Here Now If You Just Want to Search Homes! This appeals to some Real Estate Investors either because they have little or nothing to put down and are thinking about flipping the property. There are a lot of guys on late night TV selling investment strategies like this. I often wonder if they are selling the plans because they cannot make a living actually doing their plan? Real Estate Investing involves careful in site and some work. I think Real Estate Investing can be very profitable and now is certainly the time to Invest in Real Estate. However, be careful of tho... 12/31/2010

Short Sales in Antioch California 94531 Short Sales have become the dominate part of the market. You cannot ignore what is going on with Short Sales. I expect that in 2011 Banks will begin to ease and speed up the Short Sale process. This report looks at Single Family Homes that are Short Sales in Antioch California 94531 by comparing the Active Market to the Pending Short Sale Market and the Short Sales for the last two months. The 94531 zip generally represents the newer parts of Antioch, which features many fine homes. There are 111 Active Short Sales in Antioch California 94531 on the market now with an average asking price of $229,000.00 and a median price of $229,000.00. These Short Sale Homes are listed at an average or $109.00 per SF and have been on the market an average of 74 ... 12/29/2010

Short Sales in Antioch California 94509 Short Sales have become the dominate part of the market. You cannot ignore what is going on with Short Sales. I expect that in 2011 Banks will begin to ease and speed up the Short Sale process. This report looks at Single Family Homes that are Short Sales in Antioch California 94509 by comparing the Active Market to the Pending Short Sale Market and the Short Sales for the last two months. The 94509 zip generally represents the more established parts of Antioch, which features many fine homes. There are 71 Active Short Sales in Antioch California 94509 on the market now with an average asking price of $167,381.00 and a median price of $152.900.00. These Short Sale Homes are listed at an average or $105.00 per SF and have been on the market an aver... 12/29/2010

Antioch CA – The Stop Foreclosure Institute recently received a question from Richard. “I accepted a job transfer and had to move. Unfortunately we were upside down on the house. I decided to rent it out rather than short sale it. The renters just moved out. I just checked the house. They trashed it! I could rent the house out again, but I would have to spend several thousand dollars fixing it up first. What would you recommend that I do?” Richard asked. Discover how other sellers successfully did a short sale to avoid foreclosure by clicking here. Here was our recommendation. That is a tough situation. You could fix up the house and rent it out again. But, you risk having the same thing happen all over again. Here is the other problem. The amount you can charge for rent has gone down i... 12/16/2010

[caption id="attachment_1149" align="alignright" width="283" caption="Yes, you can Short Sale and buy another home."][/caption] Antioch CA – We get this question a lot from people. “I am upside down and need to move. I would like to buy another home. Can I do that?” they ask us. Today they can. FHA (the Federal Housing Administration) has a new program that enables you to short sale your existing home and buy a new home at today’s reduced prices. Discover how other sellers successfully did a short sale to avoid foreclosure by clicking here. The home you purchase would have to meet FHA’s standard lending guidelines. FHA is a great mortgage program. In fact, more people buying a home in today’s market are getting an FHA loan. Here is what you would need to do to participate in the program... 12/15/2010

Typical Abandoned Real Estate Antioch CA– The New York Time had an interesting article about one man’s mission in the fight to stop foreclosure. According to the article, Mark Guerette, attempted to make use of all the empty, abandoned houses he saw. I get frustrated when I see homes sitting empty for months and months. “Those homes should be put to good use!” I thought to myself. It bugged me that homes would sit empty for months and even years at a time. The lawn would become overgrown. A window might leak. Or, vandals would break the windows. Rain would start getting inside the house, thereby causing mold on the walls and ceiling. The house would get uglier and uglier. As a working short sale realtor, I knew how much this would cause the home’s value to drop. Most of the homes were i... 12/14/2010

Antioch CA - The Stop Foreclosure Institute recently received a question from Jennifer. She is having a hard time selling her home. “I have had my house for sale for a little while, but it hasn’t sold. No buyers have come to look at it. At first I thought the price was fair. But, now that no one has come to see the home, I am beginning to realize that I am upside down. My realtor hasn’t talked to me about a short sale. What should I do?” Jennifer asked. Discover how other sellers successfully did a short sale to avoid foreclosure by clicking here. Here is what I would recommend to her. First, talk to your current agent about a short sale. They might be uncomfortable with bringing it up. Short sales are a sensitive issue. Some people get offended when you ask them about a short sale. It ... 12/13/2010

Bank Owned Homes Antioch California 94531 Bank Owned Homes have dominated the market for the last couple of years. At this time Short Sales may be more prevalent, but as banks begin to unload inventory we may see more and more Bank Owned Homes on the Market. (Click Here for Free Report on Bank Owned Homes!) This report looks at market trends of Single Family Bank Owned Homes in Antioch California 94531 - by looking at the current market and comparing it with sales of Bank Owned Homes in November and October. Right now there are 50 Bank Owned Homes in Antioch California 94531 on the market with an average asking price of $232,224.00 and a median asking price of $219,900.00. The average asking price per SF is $113.00 and they have been on the market an average of 42 days. In November 26 B... 12/13/2010

Bank Owned Homes Antioch California 94509 Bank Owned Homes have dominated the market for the last couple of years. At this time Short Sales may be more prevalent, but as banks begin to unload inventory we may see more and more Bank Owned Homes on the Market. (Click Here for Free Report on Bank Owned Homes!) This report looks at market trends of Single Family Bank Owned Homes in Antioch California 94509 - by looking at the current market and comparing it with sales of Bank Owned Homes in November and October. Right now there are 72 Bank Owned Homes in Antioch California 94509 on the market with an average asking price of $162,808.00 and a median asking price of $159,900.00. The average asking price per SF is $107.00 and they have been on the market an average of 49 days. In November 33 B... 12/13/2010

Antioch CA- Loan modifications have become a joke. People get turned down for no reason at all. People really want to keep their home, but just can't figure out what to do. The loan modification negotiators realize how desperate the homeowners are. They use their power over the person to take an ego trip. Discover how other sellers successfully did a short sale to avoid foreclosure by clicking here. [caption id="attachment_1126" align="alignright" width="332" caption="Banker to Homeowner, "You Pay Up!""][/caption] "I'm going to make this person beg me personally for their loan modification", they think to themselves. Everything becomes a competition between negotiators on who can squeeze more out of people. They talk to their fellow negotiators about what they are able to force people t... 12/09/2010

Homes for Sale Antioch California 94531 The Market Report looks at Single Family Homes for Sale Antioch California 94531 by comparing the current market with sales for the last two months. Right now there are 204 Homes for Sale Antioch California 94531 with an average asking price of $246,263.00 and a median price of $235,000.00. The average asking price per SF is $113.00 and the homes have spent an average of 62 days on the market. In November 53 Homes for Sale Antioch California 94531 sold for an average price of $253,763.00 and a median price of $257,000.00. This is an average price per SF of $109.00 and the homes were on the market for an average of 37 days. In October 52 Homes for Sale Antioch California 94531 sold for an average price of $239,612.00 and a median price of $225,563.... 12/09/2010

Homes for Sale Antioch California 94509 The Market Report looks at Single Family Homes for Sale Antioch California 94509 by comparing the current market with sales for the last two months. Right now there are 200 Homes for Sale Antioch California 94509 with an average asking price of $180,643.00 and a median price of $170,000.00. The average asking price per SF is $112.00 and the homes have spent an average of 63 days on the market. In November 67 Homes for Sale Antioch California 94509 sold for an average price of $169,833.00 and a median price of $161,000.00. This is an average price per SF of $107.00 and the homes were on the market for an average of 30 days. In October 70 Homes for Sale Antioch California 94509 sold for an average price of $180,238.00 and a median price of $175,450.... 12/09/2010

Antioch CA - Maybe this is a pet peeve of mine. Or maybe it just seems ridiculous that someone would call a debtor over and over again asking to be paid, when they have already been told the debtor doesn't have the money to pay them. Or maybe it is the fact that I see countless examples of debt collectors breaking the Fair Debt Collection Practices Act. But, no one seems to care that they are breaking the law. The Fair Debt Collection Practices Act forbids collectors from threatening to sue you, but then not following thru and actually filing suit. To get around this rule, they will use language that sounds legal, but isn't. In one situation, a debt collection firm in Buffalo, New York named their firm Hoffman, Weinberg & O'Brien to make it sound like they were a law firm. They would t... 12/08/2010

Antioch CA - If homeowner's have a bill of rights, then bankers must have one as well. We decided to put together the Banker's Bill of Rights. That way they wouldn't feel left out. Let me know if we should put this together and petition congress to add it to the constitution. The Banker's Bill of Rights. 1. All Bankers have the Right to make any mistake they want and still get bailed out by the American Taxpayer. They can fiddle around with complex derivatives with no risk to themselves or the bank they run. When they run their bank into the ground, they get the full assistance of the American Taxpayer to bail them out of their mess. [caption id="attachment_1104" align="alignleft" width="200" caption="American Taxpayer Bailing Out The Banks"] [/caption] 2. All Bankers have the right to ... 12/07/2010

Antioch CA - The big banks made mistakes and received a bailout. They have the resources to lobby congress and the courts to have laws written to suit them. But, what has the little guy received? Nothing. So we decided to put together a Homeowner's Bill of Rights. It's time we had Washington look at what we want, versus taking care of the big banks. Considering that the big banks have way more rights than the little guy, here is what we think should be done to "level the playing field." The Homeowner's Bill of Rights. 1. Stop The Loan Modification Insanity! The Right to an open and transparent loan modification process. Any homeowner that can no longer afford their mortgage payment, petitions their lender for a loan modification, and it turned down shall receive a written, coherent resp... 12/06/2010

Antioch CA - Wiki leak's Editor, Julian Assange, recently said he would be releasing documents on a large US Bank. We decided to beat him to it and release some information on how a large US Bank caused their client to lose an estimated 40k because of their incompetence. Discover how other sellers successfully did a short sale to avoid foreclosure by clicking here. This is a house that we drive past every day on my way to work. We noticed that it look abandoned. We looked up the owner to see if they might want to sell the house. That’s when I saw that the home had already been foreclosed. The house was foreclosed on February 4th, 2009. That’s almost a two years ago. Since we didn’t know who the lender was, we forgot about the house. But, it was a great example of why a bank owned house ... 12/02/2010

Antioch CA - Most people think the person they mail their mortgage payment to every month is the owner of their loan. Not so. In fact, most of the time, they are not the owner. As an example, 80% of all loans that Bank of America handles are not owned by Bank of America. Discover how other sellers successfully did a short sale to avoid foreclosure by clicking here. The largest owners of US mortgages are two companies that some would allege are owned by Uncle Sam. They are Fannie Mae and Freddie Mac. They own an estimated 55-60% of all US Mortgages. Another estimated 10-15% are insured by Uncle Sam as well, thru the FHA and VA loan guarantee programs. Another estimated 10-15% are owned by Wall Street Firms, Pension Funds, and other entities. That means the company you mail your check to ... 11/29/2010

Homepath Homes in Antioch California These are all the Homepath Homes in Antioch California as of 11-29-10.  If the this post is now somewhat dated and no homes are showing please E-Mail me for a current list of Homepath Homes and let me know where you are interested in Homepath Homes. Or Click Here to Search Homes! Homepath Homes are Fannie Mae owned homes on the market in many local markets.  Homepath offers streamlined financing for Fannie Mae Homes with 3% down payment options. Right Now many Homepath Homes are offering special Incentives if you close on a purchase by the end of the year.  On many of these homes they are agreeing to pay 3.5% closing cost.  With the streamlined Homepath Mortgage it may be possible to close by the end of the year if you shop now. Antioch California is... 11/29/2010