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Homes in Stockton: What is a Short Sale

A short sale is a sale of real estate in which the proceeds from selling the property will fall short of the balance of debts secured by liens against the property. In addition, the property owner cannot afford or chooses not to repay the liens full amounts.

Lodi Real Estate Market Trens for October 2010

Please review the graphs below for Lodi Market Real Estate Trends. Total listing have declined from 284 to 257 available MLS listings, There were 39 closed sale for October and the average price for closed sales was $198,000, Days on the market increased

Stockton Real Estate Market Trends for October 2010

Please review the graphs below for Stockton Market Real Estate Trends. Total listing have declined from 1,313 to 1264 available MLS listings, There were 324 closed sale for October and the average price for closed sales was $145,000, Days on the market

Foreclosure Fears and Short Sale Success, Knowledge is Power

If you are currently behind on your monthly mortgage payments you may have thought about just letting your property go into foreclosure and that maybe the worst decision you can make. There are other solutions to avoid foreclosure and suffer destructive

Bad Credit and Mortgage Loans, There is Hope for Home Buyers with Poor Credit

You Can become a Homeowner with Bad Credit Making rent payments is not going to enhance your financial health. Owning a home is one of the first steps in securing you future. Future home buyers with less than perfect credit can still buy a home, regardless

Repeat Home Buyers and Real Estate Investors are Jumping into Stockton Real Estate

Repeat buyers and real estate investors are over taking first time buyers for the first time in over three years. Prices are trending up for a typical multiple listing in Stockton and Lodi. Homes for sale in California have shown a 13 percent increase

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