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Saturday, February 04, 2012 11:09 AM

Homes For Sale in Stockton: A Decline in Foreclosures

Foreclosures comprise approximately 20 percent of homes for sale that closed escrow in the third quarter according to RealtyTrac a leading reporting company in the U.S. There has been a notable decline from the third quarter of 2010 when foreclosures
Posted by Hugh Lilly and Maria Estrada at PMZ Real Estate | 0 Comments
Friday, February 03, 2012 4:28 PM

Homes For Sale in Stockton: The Year of the Short Sale

2012 is ramping up to be the year of the short sale in Stockton and San Joaquin County . I talk with homeowners daily that are faced with the choice of giving up everything they have worked for and making monthly payments on their home, even though they
Posted by Hugh Lilly and Maria Estrada at PMZ Real Estate | 0 Comments
Sunday, January 15, 2012 7:29 AM

Homes in Stockton: Short Sales and The Buyers Advantage

One of the biggest problems we see in a short sale transaction is buyer education. Patience is one of the most important attributes of a buyer considering a short sale and this also includes the buyer’s real estate agent. The buyer’s agent
Posted by Hugh Lilly and Maria Estrada at PMZ Real Estate | 0 Comments
Saturday, January 14, 2012 6:37 AM

Homes in Stockton: Mortage Interest Rate and Trends for January 2012

Searching for a mortgage lender with the right fit is extremely important for the first time homebuyer and for move up buyers. Rates are at an record lows and home values are flat making a perfect environment to purchase a home. Because there are so many
Posted by Hugh Lilly and Maria Estrada at PMZ Real Estate | 0 Comments
Wednesday, January 11, 2012 4:22 AM

Stockton Home Buyers: FHA Home Loans

The FHA mortgage loan program is serving Stockton home buyers giving them the opportunity to purchase homes with as little as 3.5% down and record low home loan interest rates. It is one of the loans that serve first time home buyers and move up buyers.
Posted by Hugh Lilly and Maria Estrada at PMZ Real Estate | 0 Comments
Friday, January 06, 2012 5:26 AM

Homes in Stockton: Mortgage Interest Rate Trends and Rates

Low mortgage rates likely to continue through 2012 The mortgage market did not live up to predictions from the experts for 2011. Record low interest rates for mortgages are the lowest in 40 years, but very few potential homebuyers took advantage of these
Posted by Hugh Lilly and Maria Estrada at PMZ Real Estate | 1 Comments
Thursday, December 29, 2011 5:03 AM

Homes in Stockton: Consumer confidence improves in December 2011

Consumer confidence improves in December The Conference Board Consumer Confidence Index improved to 64.5 (1985=100) in December, up from 55.2 in November. The Present Situation Index increased to 46.7 from 38.3, and the Expectations Index rose to 76.4
Posted by Hugh Lilly and Maria Estrada at PMZ Real Estate | 0 Comments
Wednesday, December 28, 2011 3:01 AM

Short Sales and Homes in Stockton: Does Bank of America or Wells Fargo Own Your Mortgage?

One of the important consideratons in doing a short sale is who is the actual investor. Just because Bank of America, Wachovia, Wells Fargo or Chases name is on you monthly mortgage statement doesn't mean they own the loan. This is important for you
Posted by Hugh Lilly and Maria Estrada at PMZ Real Estate | 0 Comments
Monday, December 26, 2011 4:50 AM

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.
Posted by Hugh Lilly and Maria Estrada at PMZ Real Estate | 0 Comments
Thursday, December 22, 2011 7:34 AM

Homes in Stockton: Stay or Short Sell My Home, Short Sales in Stockton

Short selling your home can be a frustrating, confusing and a difficult decision to make. The Xpress Short Sale Group at PMZ Real Estate hopes that these results can assist you in making the best financial decision for you and your family. Over 75% of
Posted by Hugh Lilly and Maria Estrada at PMZ Real Estate | 0 Comments
Thursday, December 22, 2011 5:01 AM

Homes in Stockton: How Does a Short Sale Affect Your Credit?

This question is asked very frequently by my clients with Homes in Stockton and involves a number of unique variables. The first thing to keep in mind is that the moment you are 30+ days behind on your mortgage payment, your mortgage lender has the right
Posted by Hugh Lilly and Maria Estrada at PMZ Real Estate | 0 Comments
Tuesday, December 20, 2011 7:00 AM

Homes in Stockton: Why Would a Bank Say Yes to A Short Sale

With foreclosures on the rise in the US, banks are looking for any way they can to minimize their foreclosure losses. It more cost effective for your lender to agree to a short sale rather foreclose on a home. Short sales and foreclosures comprise much
Posted by Hugh Lilly and Maria Estrada at PMZ Real Estate | 0 Comments
Monday, December 19, 2011 5:32 AM

Homes In Stockton: Do I have to pay the difference between what my house sells for and the amount I owe

Distressed homes in Stockton are the majority of homes listed for sale on the MLS and short sales have proved to be the answer for many homeowners. The question we get asked most often is, do I have to pay the difference between what my house sells for
Posted by Hugh Lilly and Maria Estrada at PMZ Real Estate | 0 Comments
Friday, December 16, 2011 7:07 AM

Homes in Stockton: Keep Your Family Safe this 2011 Christmas Season

Keep Your Family Safe this Christmas Season The U.S. Fire Administration (USFA) reports more than double the number of open-flame fires on Christmas Day than on an average day, and about twice as many on New Year’s Day. Property loss during a holiday
Posted by Hugh Lilly and Maria Estrada at PMZ Real Estate | 0 Comments
Monday, December 12, 2011 7:00 AM

Homes in Stockton: Short Sale and You

A real estate short sale is sometimes a complex transaction and an emotional one for both buyer and seller and requires a real estate team that is experienced and pays attention to detail. There are many ways to lose a home but signing away ownership
Posted by Hugh Lilly and Maria Estrada at PMZ Real Estate | 0 Comments
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