First time this home is on the market in the desirable Eagle Ridge area of Antioch!
Priced at $215,000 (2010-2011 County Tax Record Value), this home has 4 bedrooms, 2 baths and 2152 square feet. It has a newer AC/heater, water heater and stove, too. The back yard has room for your hammock to enjoy a relaxful afternoon. In addition is a covered patio and fruit trees. Here is a link to more photos and information!
For more information, please call me at 925-852-1659. This is a SHORT SALE with 2 lenders, and we’ve been working to obtain a HAFA Short Sale on this property.
Now that HAFA will be helping distressed homeowner’s get out of troubled mortgages, these homeowners are now asking, “how will a SHORT SALE effect my ability to purchase another home?” The MBD Residential Lending Manual just released updated information regarding the effects of short sales and deeds in-lieu on re-purchasing a home, so here is the link to view the new guidelines that lenders have received from MBD. Conventional-Credit-Standards-for-Pre-Foreclosure-Events
1 in 7 homeowners are currently NOT making their mortgage payment. If that is you contact a CDPE for more information on how they can help.
What in the world is HAFA? The attached link will take you to CDPE’s new video explaining HAFA. It is simple and to the point. Lenders must comply with this new law and several lenders have stepped-up to the plate. Wells Fargo Bank just hired 10,000 people to hande their case load, Chase has a new website to help its clients, and BofA is using Equator to streamline processing and has added a website. Also, mortgage insurer (MGIC) has signed up for the program. HAFA will not replace the short sale, but should be a great step forward in helping owners stay in their home until they obtain financial help or a new owner.
CDPE also has a website to help, so click here. If you need more help, let me know. Take care!
First time this home is on the market in the desirable Eagle Ridge area of Antioch!