Hugh Lilly Stockton Real Estate

**Please leave a CommentSeller financing is difficult to find but it is out there and we don’t find a lot of this type financing available in Stockton. The seller assists the potential buyer in purchasing the home by lending the buyer either a portion of the amount to be financed or the entire amount. Seller financing can be a good strategy ...

The Foreclosure Process in California: Mortgage lenders in California may foreclose on deeds of trusts or mortgages in default using either a judicial or non-judicial foreclosure process. It’s important to know the difference. Most home owners with homes in Stockton want to avoid foreclosure and they do have options.Judicial Foreclosure: ...

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 to know when considering a short sale. There can be three layers when trying to get a short ...

 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. Therefore, the lien holders agree to release their lien on the real estate ...

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 homes for sale in Stockton are either a foreclosure or short sales. Thhe objectives of most ...

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 to report to all of the credit bureaus that you are 30 days behind on your payments. ...

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 of the market for homes in Stockton and homes ...

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 and the amount I owe on the home after I do a Short sale? In most cases, no you don’t; ...

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 fire is 34 percent greater than in an average fire, and the ...

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 in a manner that destroys credit, creates undue stress and embarrasses the family ...