Welcome to Hugh Lilly Stockton Real Estate Sign in | Help

June 2010 - Posts

Saturday, June 26, 2010 5:15 AM

Alert for Home Buyers: Mortgages are Available in Stockton and Lodi

There has been a great deal of specualtaion that banks are not lending that is simply not true. Despite all the news about foreclosures and home values and the down turn in the real estate market these days, Buyers in an excellent position to buy. Lower
Posted by Hugh Lilly and Maria Estrada at PMZ Real Estate | 0 Comments
Saturday, June 26, 2010 5:07 AM

There is Help, Avoid Foreclosure Stockton/Lodi Homeowners. Dateline Stockton, CA June 26,2010

Home buyers in Stockton and Lodi are turning to short sales in the home search and increasingly realizing that dealing with an experienced Realtor and short sale specialist is in their best interest. Sellers thinking of selling their principal home or
Posted by Hugh Lilly and Maria Estrada at PMZ Real Estate | 0 Comments
Friday, June 25, 2010 5:58 AM

Single Story For Sale in Miracle Mile

Old World Craftmenship Desired UOP Area • 1,467 sq. ft., 1 bath, 2 bdrm single story - MLS® $143,900 - Value Priced Miracle Mile, Stockton - Old world craftsmanship in this 2bd home with cozy fireplace in well established neighborhood. Near UOP
Posted by Hugh Lilly and Maria Estrada at PMZ Real Estate | 0 Comments
Filed under: ,
Thursday, June 24, 2010 4:33 AM

Single Story For Sale in Spanos West

Located in one of Stockton's Prime areas • 1,674 sq. ft., 2 bath, 3 bdrm single story "Hard to find 1 story home" - MLS® $190,360 - Value Priced Spanos West, Stockton - The owner has spared no detail in this well appointed home.
Posted by Hugh Lilly and Maria Estrada at PMZ Real Estate | 0 Comments
Filed under: ,
Wednesday, June 23, 2010 4:35 AM

What is Required for A Short Sale? Datline Stockton, Lodi Ca June 23,2010

What is a Short Sale? A short sale is specifically designed to help borrowers who are unable to afford their first mortgage and want to sell their home and avoid foreclosure , even if the homes sale price does not pay off their mortgage. A short sale
Posted by Hugh Lilly and Maria Estrada at PMZ Real Estate | 0 Comments
Tuesday, June 22, 2010 4:30 AM

The Short Sale Process and New Developments, Dateline June 22, 2010 Stockton and Lodi, CA

Underwater borrowers in Stockton and Lodi are under a great deal of stress and frustrated about how to resolve their situation, Well over 82% of Stockton and Lodi homeowners whose homes end up in foreclosure have rarely contacted their lender to inquire
Posted by Hugh Lilly and Maria Estrada at PMZ Real Estate | 0 Comments
Sunday, June 20, 2010 4:30 AM

Successful Short Sale Dateline Stockton, CA June 20, 2010

Great results! I ended the week with a successful close on a Wachovia short Sale in Stockton. Bob and Rose came to me 2 months ago with an adjustable rate mortgage (ARM) that was out pacing their income and growing families needs. They were under a great
Posted by Hugh Lilly and Maria Estrada at PMZ Real Estate | 3 Comments
Friday, June 18, 2010 4:11 AM

How Do I Qualify for a Short Sale Dateline Stockton June 18, 2010

How Do I Qualify for a Short Sale? That's a great question, and you should ask it before you go into foreclosure and it becomes a bank owned property. It has taken a long time for many banks to realize doing a short sale is less costly than doing
Posted by Hugh Lilly and Maria Estrada at PMZ Real Estate | 0 Comments
Monday, June 14, 2010 4:39 AM

Benefits of a Short Sale Vs. a Foreclosure Dateline Stockton, CA

What is a Short Sale? When a home owner find themselves in the position of owing more on the mortgage than the home's market value. What are the options for a homeowner underwater in their mortgage? The options are a mortgage modification, deed in
Posted by Hugh Lilly and Maria Estrada at PMZ Real Estate | 0 Comments
Friday, June 11, 2010 7:45 AM

New Break Through for Short Sales and Loan Modification from Fannie Mae

Fannie Mae is putting together their own version of Making Home Affordable Foreclosure Alternatives (HAFA) program which will kickoff on August 1st 2010. Great news for borrowers underwater in their mortgages. A lot of the real estate for sale are short
Posted by Hugh Lilly and Maria Estrada at PMZ Real Estate | 0 Comments
Thursday, June 10, 2010 3:03 PM

Short Sales in a Hard Hit Stockton Real Estate Market

Stockton home owners have been particularly hard hit by the current real estate market Are you a home owner facing foreclosure? A mortgage modification or a Short Sale may be the answer. In the event of a short sale a lender can release you free and clear
Posted by Hugh Lilly and Maria Estrada at PMZ Real Estate | 0 Comments
Wednesday, June 09, 2010 2:08 PM

New Policy on Short Sales at Bank of America will Effect Short Sale in Stockton and San Joaquin County

As many of you are aware doing short sales with bank of America has been difficult. Stockton has been ground zero for foreclosures and short sales. B of A is now taking the position that they want to liquidate as as many defaulted loans as possible before
Posted by Hugh Lilly and Maria Estrada at PMZ Real Estate | 0 Comments