Foreclosures | Elk Grove Real Estate Blog https://elkgroverealestate.com Useful Real Estate News Tue, 14 Mar 2017 06:17:49 +0000 en hourly 1 https://wordpress.org/?v=6.4.2 Realty Check for August – Rising Home Prices https://elkgroverealestate.com/2013/08/reality-check-for-august-rising-home-prices/ Mon, 12 Aug 2013 01:29:07 +0000 https://elkgroverealestate.com/?p=1155 Rising home prices over the past couple of years are reducing the number of homeowners who are “underwater” in their mortgage, bringing more potential sellers off the sidelines to take advantage of the robust housing market. That’s good news for hundreds of thousands of homeowners across the country, but the trend also provides relief for […]

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]]> Are You Eligible for a Home Affordable Refinance? https://elkgroverealestate.com/2013/01/800/ Fri, 25 Jan 2013 00:47:59 +0000 https://elkgroverealestate.com/?p=800 Are you having trouble paying your mortgage? Has your world fallen down around you? Do you think you need to do a short sale? Is the bank ready to foreclose on your home? Are you eligible for a Home Affordable Refinance to take advantage of lower interest rates? Is a bankruptcy the only way out […]

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]]> Lender Must Provide Summary for Foreclosure Notices https://elkgroverealestate.com/2012/10/lender-must-provide-summary-for-foreclosure-notices/ Thu, 04 Oct 2012 20:04:18 +0000 https://elkgroverealestate.com/?p=636 Summary provided by California Association of Realtors: A lender must provide a borrower with a specified summary of information attached to a copy of a notice of default and notice of sale for any property containing one-to-four residential units. The summary must be in English, Spanish, Chinese, Tagalog, Vietnamese, and Korean. The beginning of the […]

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]]> Tenant Entitled to a 90-Day Notice to Terminate After Foreclosure https://elkgroverealestate.com/2012/10/tenant-entitled-to-a-90-day-notice-to-terminate-after-foreclosure/ Tue, 02 Oct 2012 19:47:10 +0000 https://elkgroverealestate.com/?p=628 Summary provided by California Association of Realtors: Effective January 1, 2013, a month-to-month tenant in possession of a rental housing unit at the time the property is foreclosed must be given a 90-day written notice to terminate under California law. For a fixed-term residential lease, the tenant can generally remain until the end of the […]

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]]> Landlord Must Disclose Notice of Default to Prospective Tenants https://elkgroverealestate.com/2012/10/landlord-must-disclose-notice-of-default-to-prospective-tenants/ Mon, 01 Oct 2012 17:41:03 +0000 https://elkgroverealestate.com/?p=618 Summary of new law from the California Association of Realtors: Starting January 1, 2013, every landlord who offers for rent a residential property containing one-to-four units must disclose in writing to any prospective tenant the receipt of a notice of default that has not been rescinded. This disclosure must be made before executing a lease […]

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