Is now the time to sell?
W ith all the news about interest rates and mansions selling for the price of shacks, many people are asking themselves, “Is now the time to sell our home?” The answer to that question depends heavily on your situation. If you are a distressed home owner who may at some point in the future or currently is facing foreclosure, then the sooner you can get your home on the market, the sooner you can move on from your situation. But if you didn’t take part in the real estate fiasco of the last five years, then now may be the best time for you to consider getting the home of your dreams at discount club store prices! There are many other reasons that you should consider selling your home and today’s market including: Our market has increased in value: Yes...
The Visual Effects of Foreclosure in Manteca
I f you close your eyes and think of the word “foreclosure”, what are some images that come to mind? Some see outwardly expressed imagery such as six foot high weeds, dry and dead lawns, papers taped to windows, spider webs and other pictures that remind you of the opening scenes of an old, black and white scary movie panning into the haunted mansion. The only problem is, that haunted mansion is found all over our southern San Joaquin community. It is easy to spot a foreclosure in our community or distressed property. We see all of those outward signs. It can be very frustrating to you the neighbor who pays their mortgage, waters their lawn and cares for their home. But just as it is easy to spot the outwardly effects of a foreclosure in our...
California’s Foreclosure Activity Drops Across the Board: Report
D SNEWS.COM BY: CARRIE BAY Foreclosure activity in California is beginning to trend downward. The locally-based tracking firm ForeclosureRadar says its statistics dropped last month for every stage of the foreclosure process – with new defaults falling more than 17 percent. It’s the second straight month that the company has recorded across-the-board declines. Filings at each step of foreclosure – default, sale, repossession – also posted sharp drops from year-ago levels. While the numbers appear to paint a clear picture of improvement, ForeclosureRadar remains cautious in its analysis. “Given the staggering number of delinquent home loans, foreclosure activity should be rising not falling as we found again this month” said Sean O’Toole, founder and...