Monthly Archives: May 2012

Short Sale Relocation Assistance Program

Bank of America has announced that for a limited time, they are offering enhanced relocation assistance payments in which qualified homeowners who initiate a short sale without an offer could be eligible to receive $2,500 – $30,000* in relocation assistance and owe no more on their mortgage after the sale of their property.  Don’t miss this […]

Fannie Mae Concluded Years Ago That Principal Reductions Could Reduce Losses

As much as I want to, I will refrain from including my personal opinion about DeMarco and his recent actions but I will say that this is unacceptable. Time and time again I hear loan servicers tell homeowners that they won’t be eligible for a short sale unless they are behind on mortgage payments. If […]

Judicial Foreclosures Increase in Deschutes County

In Oregon, lenders may foreclose on deeds of trust or mortgages in default using either a judicial or non-judicial foreclosure process. The non-judicial process is much more common but judicial foreclosures are on the rise. After searching the Clerk’s Recordings, the majority of the Notices of Lis Pendens in Deschutes County were recorded by the […]

Bend Makes List of “Improving Housing Markets”

From KTVZ.COM News Sources  POSTED: 3:39 pm PDT May 7, 2012  UPDATED: 10:55 am PDT May 8, 2012 WASHINGTON — Bend’s housing market is on the mend, according to the folks who should know — the nation’s home builders, who on Monday added Bend to its list of improving markets. Numerically, the list of housing […]