Top Four Foreclosure Questions and Answers

Section: Home Owners, Sellers, Short Sale Info Published on December 1st, 2011

Santa Clarita Real Estate Buzz

Short Sales and Foreclosures continue to be a force in the Santa Clarita Valley/Los Angeles real estate market.  The four most common questions asked lately are... How long does it take for the lender to take the home back in foreclosure?   The typical foreclosure timeline in California is just under four months.  However, in many instances it's taking longer, sometimes more than two years.  I was at a conference today with Chase Bank.  They claim their time period is 400+ days. They......Continue Reading!

Written by Kim Thomson // Leave A Comment

Search for a Home in Santa Clarita What's My Santa Clarita Home Worth?

Preventing Foreclosure: Is Your Bank Likely to Cooperate?

Section: Sellers, Short Sale Info Published on October 17th, 2011

Santa Clarita Real Estate Buzz

Preventing Foreclosure: Is Your Bank Likely to Cooperate? Fannie Mae just released a new list of loan servicers that are on track to earn the 3-star rating in its Servicer Total Achievement and Rewards Program (STAR).  The STAR system, which awards a maximum of 5 stars, evaluates the consistency and level of service that is provided by loan servicers (lenders or banks) in helping homeowners to avoid foreclosure. Fannie Mae had this to say about their new STAR program: “Fannie Mae’s mission......Continue Reading!

Written by Kim Thomson // Leave A Comment

Search for a Home in Santa Clarita What's My Santa Clarita Home Worth?

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