Decline in Distressed Sales Continues
According to this article on DSNEWS, “distressed homes sales, which are sales of REO properties and short sales comprised 9.9 percent of all U.S. home sales in May, the first … Continue reading
Number of “Bank Owned” Sales Down in Tuolumne County
The California Association of Realtors published this article recently with great news. In California bank owned sales of single family homes are decreasing while equity sales are increasing. The month … Continue reading
Congress Renews Mortgage Debt Relief Act!
On January 1, 2013, Congress passed an extension of the Mortgage Forgiveness Debt Relief Act. This extension of this act, which has saved homeowners more than $1 billion dollars … Continue reading
HAFA- Extended Through 2013, 2nd Lien Payoff Increased & Much More!
UPDATES AND EXTENSION: EFFECTIVE JUNE 1, 2012 The Home Affordable Foreclosure Alternatives (HAFA) Program is a government-sponsored initiative overseen by the US Treasury Department. It is administered by Fannie Mae … Continue reading
Tuolumne County Home Sales Increase by 60% in February
Residential Home Sales in Tuolumne County increased by 60% last month as compared to February 2011 and while prices are still declining the rate of decline has slowed down so far … Continue reading
Celebrating the Flavor of Tuolumne County 