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RE/MAX Agents Outperform the Competition

RE/MAX CEO, Margaret Kelly, discusses how RE/MAX agents are successfully helping more home buying and selling consumers. Sales statistics show that for 13 consecutive years RE/MAX agents have out- performed the competition, and are working hard to better serve their clients. Nobody in the world sells more real estate than RE/MAX.

Antelope Valley Real Estate Experts

Introducing the RE/MAX All-Pro Minute

A panel of experts answering questions
from home-owners, home-buyers, and investors


Have a question? CLICK HERE to contact us for an answer 

Your question may be posted in our next video to help others get the answers they need!



Buying Homes in the Antelope Valley; Palmdale/Lancaster Real Estate

 Buying Homes in the Antelope Valley; Palmdale/Lancaster Real Estate

Have you noticed how some “housing experts” say that demand is “overwhelmed by supply” while others throw out estimates of an “excess supply” of over three million homes? Yet, buyers keep saying how there‟s nothing to choose from? Worse yet, when they do finally find a home they want, they often submit an offer only to find that theirs is one of multiple offers the seller‟s received! Do you have a bidding war and multiple offers in your market on any listings? What‟s going on? How can in- ventory be high with slim pickings and multiple offers? According to one study, although listings may be up from January-which is true every year due to the annual winter hibernation of the housing market-on-market inventoryand new listings, are actually down from this same time last year. The study continues, “every „major market‟ except Las Vegas has less listings than this time in 2010”! Moreover, new listings of non-distressed homes, which are more frequently well-kept and owner-occupied (i.e. the kind of home that most non-investor buyers are interested in), are falling over twice as fast as bank-owned (REO) listings. Where all the listings are hiding? -Jack

From the study, “If we don‟t start to see more listings from owners who have the equity to put their homes on the market, prices of increasingly rare non-distressed listings seem likely to stop falling soon, just due to basic supply and demand. Of course, that claim leads to the big ques- tion: howsoon?” Although supply and demand are the primary drivers of the real estate market, prices seem to react to these inputs with ice-age speed. When the bubble was inflating, it took over a year of declining sales and increasing inventory before prices peaked and began to fall, and although on-market inven- tory has been declining since mid-2008, the slow recovery of sales along with a shift in psychology away from home ownership has delayed the turnaround of prices (and this isn‟t even considering all the government intervention!) As Calculated Risk recently pointed out, home prices are not far above their historic lows, although it‟s a pretty safe bet that we‟ll have a bit of an overshoot on the downside, followed by at least a few years of flat prices (which is down when inflation is factored in). Foreclosures are still quite high and will likely take three to five years to work through, but growth in both the beginning and the end of the foreclosure pipeline seem to be backing off their 2010 peaks. The worst seems to be behind us on that front. Every region has different dynamics, but with generally lousy selection, slowly recovering sales, and year‟s worth of foreclosures to work through, where does that put us today, and through the end of this year? Barring some unforeseen economic events, some believe that home prices will likely stop falling by this time next year, while others expect prices to end the year higher than where they are today. Sales will continue their slow increases, foreclosures will be slowly but surely absorbed (many by all-cash investors), and hopefully, non- distressed sellers will begin to return to the market. In the end, nobody is able to perfectly time the market, and no matter where anyone thinks the bottom is, they‟re probably wrong. Is buying a home today less risky than it was five years ago? Absolutely. Will buying a home ever be a risk-free proposition? Unfortunately, no.

Did You Know………that while gloom and doom about the housing market dominate the news, it may be overlooked that it might be a great time to buy! In a recent survey, 64% of respondents say that they think it‟s a good time to buy a house. We all know the average median house price is down almost 10% from its peak in 2007, take a closer look at the attachments to this week‟s Newsletter at when homes have been at their cheapest.


Short Sale: The Basics Palmdale / Lancaster Real Estate

Short Sale: The Basics Palmdale / Lancaster Real Estate


Millions of homeowners are “under water” on their home loan and facing foreclosure. However, there are foreclosure alternatives. Learn more about the fastest growing alternative – Short Sales – and why this option is more attractive to both the homeowner AND the lender. Your qualified RE/MAX agent can guide you through the process.




800.336.3629 Bringing families Home Serving the Entire Antelope Valley Since 1990 

7 Smart Steps Every New Homeowner Should Take

7 Smart Steps Every New Homeowner Should Take


Antelope Valley Real Estate Experts 

RE/MAX All-Pro Presents Real Estate Tips from Investopedia

800.336.3629 Bringing families Home Serving the Entire Antelope Valley Since 1990 

7 Smart Steps Every New Homeowner Should Take

Turning the key in a lock that no landlord has access to, reading in a hammock in your own backyard and painting your dining room bright red – what could be more exciting than making the leap from renter to first-time homeowner? Getting swept up in all the excitement is a wonderful feeling, but some first-time homeowners lose their heads and make mistakes that can jeopardize everything they’ve worked so hard to earn.

TUTORIAL: How To Buy Your First Home

Don’t be one of those people; take a few moments to ponder these seven practical concerns that will help ensure that your first home becomes the place of luxury and financial freedom you’ve anticipated.

1. Don’t Overspend on Furniture and Remodeling 
You’ve just handed over a large portion of your life savings for a down paymentclosing costs and moving expenses. Money is tight for most first-time homeowners – not only are their savings depleted, their monthly expenses are often higher as well, thanks to the new expenses that come with home ownership, such as water and trash bills, and extra insurance.


Everyone wants to personalize a new home and upgrade what may have been temporary apartment furniture for something nicer, but don’t go on a massive spending spree to improve everything all at once. Just as important as getting your first home is staying in it, and as nice as solid maple kitchen cabinets might be, they aren’t worth jeopardizing your new status as a homeowner. Give yourself time to adjust to the expenses of home ownership and rebuild your savings – the cabinets will still be waiting for you when you can more comfortably afford them. (For further reading, see To Rent Or Buy? The Financial Issues.)

2. Don’t Ignore Important Maintenance Items
One of the new expenses that accompanies home ownership is making repairs. There is no landlord to call if your roof is leaking or your toilet is clogged (on the plus side, there is also no rent increase notice taped to your door on a random Friday afternoon when you were looking forward to a nice weekend). While you should exercise restraint in purchasing the nonessentials, you shouldn’t neglect any problem that puts you in danger or could get worse over time, turning a relatively small problem into a much larger and costlier one. (For tips on how to spot problems with a potential home before you buy it, see Do You Need A Home Inspector?)

3. Hire Qualified Contractors
Don’t try to save money by making improvements and repairs yourself that you aren’t qualified to make. This may seem to contradict the first point slightly, but it really doesn’t. Your home is both the place where you live and an investment, and it deserves the same level of care and attention you would give to anything else you value highly. There’s nothing wrong with painting the walls yourself, but if there’s no wiring for an electric opener in your garage, don’t cut a hole in the wall and start playing with copper. Hiring professionals to do work you don’t know how to do is the best way to keep your home in top condition and avoid injuring – or even killing – yourself. (For tips on finding qualified workers, read The Better Business Bureau’s Tool Belt For Saving Cash. For home improvement projects most homeowners can tackle themselves, read Do-It-Yourself Projects To Boost Home Value.)

4. Get Help with Your Tax Return 
Even if you hate the thought of spending money on an accountant when you normally do your returns yourself, and even if you’re already feeling broke from buying that house, hiring an accountant to make sure you complete your return correctly and maximize your refund is a good idea. Home ownership significantly changes most people’s tax situations and the deductions they are eligible to claim. Just getting your taxes professionally done for one year can give you a template to use in future years if you want to continue doing your taxes yourself. (For more insight, see Crunch Numbers To Find The Ideal Accountant and Give Your Taxes Some Credit.)

5. Keep Receipts for Home Improvements
When you sell your home, you can use these costs to increase your home’s basis, which can help you to maximize your tax-free earnings on the sale of your home. In 2008, you could have earned up to $250,000 tax free from the sale of your home if it was your primary residence and you had lived there for at least two of five years before you sold it. This assumes that you owned the home alone – if you owned it jointly with a spouse, you could each have gotten the $250,000 exemption. (To learn more about how having a spouse can affect your tax return, read The Tax Benefits Of Having A Spouse and Happily Married? File Separately!)


Let’s say you purchased your home for $150,000 and were able to sell it for $450,000. You’ve also made $20,000 in home improvements over the years you’ve lived in the home. If you haven’t saved your receipts, your basis in the home, or the amount you originally paid for your investment, is $150,000. You take your $250,000 exemption on the proceeds and are left with $50,000 of taxable income on the sale of your home. However, if you saved all $20,000 of your receipts, your basis would be $170,000 and you would only pay taxes on $30,000. That’s a huge savings: in this case, it would be $5,000 if your marginal tax rate is 25%. (For more insight, see Is it true that you can sell your home and not pay capital gains tax?)

6. Don’t Confuse a Repair with an Improvement
Unfortunately, not all home expenses are treated equally for the purpose of determining your home’s basis. The IRS considers repairs to be part and parcel of home ownership -something that preserves the home’s original value, but does not enhance its value. This may not always seem true. For example, if you bought a foreclosure and had to fix a lot of broken stuff, the home is obviously worth more after you fix those items, but the IRS doesn’t care – you did get a discount on the purchase price because of those unmade repairs, after all. It’s only improvements, like replacing the roof or adding central air conditioning, which will help decrease your future tax bill when you sell your home.


For gray areas (like remodeling your bathroom because you had to bust open the wall to repair some old, failed plumbing), consult IRS Publication 530 and/or your accountant. And on a non-tax-related note, don’t trick yourself into thinking it’s OK to spend money on something because it’s a necessary “repair” when in truth it’s really a fun improvement. That isn’t good for your finances. (To find out which improvements can add the most value to your home, read Add Value To Real Estate Investments.)

7. Get Properly Insured
Your mortgage lender requires you not only to purchase homeowners insurance, but also to purchase enough to fully replace the property in the event of a total loss. But that’s not the only insurance coverage you need as a homeowner. If you share your home with anyone who relies on your income to help pay the mortgage, whether it’s a girlfriend or a child, you’ll need life insurance with that person named as a beneficiary so he or she won’t lose the house if you die unexpectedly. Similarly, you’ll want to have disability-income insurance to replace your income if you become so disabled that you can’t work. (For ideas on how to save money on your home insurance, readInsurance Tips For Homeowners.)


Also, once you own a home, you have more to lose in the event of a lawsuit, so you’ll want to make sure you have excellent car insurance coverage. If you are self-employed as a sole proprietor, you may want to consider forming a corporation for greater legal protection of your assets. You may also want to purchase an umbrella policy that picks up where your other policies leave off. If you are found at fault in a car accident with a judgment of $1 million against you and your car insurance only covers the first $250,000, an umbrella policy can pick up the rest of the slack. These policies are usually issued in the millions. (For more on car insurance, see Shopping For Car Insurance.)

Bottom Line
With the great freedom of owning your own home comes great responsibilities. You must manage your finances well enough to keep the home and maintain the home’s condition well enough to protect your investment and keep your family safe. Don’t let the excitement of being a new homeowner lead you to bad decisions or oversights that jeopardize your financial or physical security. 


For further reading, see To Rent Or Buy? There’s More To It Than Money.



Amy Fontinelle is a financial journalist and editor for a variety of websites, public policy organizations, and book publishers. She has written hundreds of published articles and blog posts on topics including budgeting, credit management, real estate and investing. Her articles have been featured on the homepage of Yahoo! and on Yahoo! Finance, Forbes.com, SFGate.com and numerous local news websites.


Read more: http://www.investopedia.com/articles/mortgages-real-estate/09/new-homeowner-tips.asp#ixzz1T9Kf8Wwr


800.336.3629 Bringing families Home Serving the Entire Antelope Valley Since 1990 

Is It Important To Have A Professional Short Sale Agent Negotiating On Your Behalf?

Is It Important To Have A Professional Short Sale Agent Negotiating On Your Behalf?

Let Us Help You Achieve The American Dream

Rent vs. Own



I am currently renting a home in east Lancaster for $1300 per month. I am considering buying a home but I don’t know where to start.



Many families who are currently renting have made the decision and taken the steps to become homeowners.

The Savvy renter understands that they can pay much less per month to own their own home in than to continue renting.

RE/MAX All-Pro listed this home in East Lancaster for $103,900, and I think it’s a great example of what we are talking about today. We have Gabby- Godde with Mountain West Financial here within the Re/Max All Pro office to talk about the financial aspects of purchasing a home like this with you.



So with average rents in East Lancaster ranging from $1200-$1400 per month, we are talking about a savings between $200-300 per month


Current housing market conditions in Lancaster and Palmdale makes for a strong and compelling case for homeownership. With prices still well below the historic highs of just a few years ago and attractive mortgage rates, qualified buyers have a unique opportunity to own their own home.

It is important to consider all aspects of purchasing a home. There are costs of homeownership that are not included in this breakdown such as the maintenance and utilities of a home; however, there are also some compelling reasons to strive for the “American Dream.”

If you or anyone you know is interested in buying or selling a home, Re/Max All-Pro can help! Call us today for all your Palmdale Real Estate needs at (661)945-9461 OR visit our website at http://www.remaxallpro.com

Loan Modification Lancaster / Palmdale


Chris Sorensen exposes the problems with trying to get loan modification without knowing how to talk to your underwriter about your income. Chris offers information about the HELP you need. 661.945.9461

I decided to take some excerpts from her written testimony and provide it here with commentary in an effort to address what has been the obvious problem fortwo years that just now appears to be getting attention.  Read on as this testimony also describes each and every program that is currently available;

“Chairman Dodd, Ranking Member Shelby, and Members of the Committee, thank you for the opportunity to testify today regarding issues surrounding mortgage servicing. This testimony will cover two key areas: first, the steps we are taking to ensure that servicers participating in the Making Home Affordable (MHA) program are adhering to program guidelines in light of the recent foreclosure issues, and second, the accomplishments of MHA to date and its impact on mortgage servicing.

The reports of “robo-signing”, faulty documentation and other improper foreclosure practices by mortgage servicers are unacceptable. If servicers have failed to comply with the law, they should be held accountable.”

Campaign Donations, lobbyist and the sheer size and magnitude of the issues at hand will prevent anything more than lip service and hand wringing until more Americans threaten their elected leaders.

“The Federal Housing Administration (FHA) has been reviewing servicers of loans it insures for compliance with loss mitigation requirements. Additionally, the Office of the Comptroller of the Currency has directed all large national bank servicers to review their foreclosure management processes – including file reviews, affidavit processing, and signatures – to ensure that the processes are fully compliant with all applicable state laws.”

When all an institution must do is document that they attempted contact or document that a borrower failed to provide their proper paperwork and their is no forced face to face mediation, no matter how brief, this is all for not. This process assumes the borrowers are all incapable of proper utilization of a fax machine.

“Because MHA and its first lien program, the Home Affordable Modification Program (HAMP), are pre-foreclosure programs, the recent reports of robo-signing of affidavits and improper foreclosure documentation do not directly affect the implementation of HAMP.”

I respectfully disagree. I believe it demonstrates an overall lack of respect for the American public, its Judicial Branch of government and a lack of respect for the regulators and elected leaders.
I also believe they have a need to speed things up to avoid the American public from gaining knowledge, in any significant numbers, on their rights to demand that the entity foreclosing on them actually possesses the legal right to do so.

“HAMP is intended to prevent avoidable foreclosures by providing financial incentives to servicers, investors and borrowers to voluntarily undertake modifications of mortgages for responsible homeowners in a way that is affordable and sustainable over time.”

The average back end ratio historically that allowed borrowers to perform well, was limited to 38% to 41%. Under the HAMP program it AVERAGES 63.3%. This is not sustainable by any historical measurements and the incentive is provided to the Servicers up front regardless of the outcome. The claw back ability of the Treasury to get the tax payer money back for a lack of success on the HAMP program has not been utilized based on my research.

“To remedy servicer shortcomings, we have urged servicers to rapidly increase staffing and improve customer service.”

Urged? I would fine them until they reacted in a way that was in keeping with their assurances.

“MHA has strong compliance mechanisms in place to ensure that servicers follow our program’s guidelines.”

Again, I must respectfully disagree. If you did, the number would not be so dismal.

“Servicers may not proceed to foreclosure sale unless and until they have tried these alternatives. They must also first issue a written certification to their foreclosure attorney or trustee stating that “all available loss mitigation alternatives have been exhausted and a non-foreclosure option could not be reached.” On October 6, Treasury clearly reminded servicers of non-GSE loans of this existing requirement that they are prohibited from conducting foreclosure sales until these pre-foreclosure certifications are executed. It should be noted that the GSEs have similar guidelines for their HAMP modifications.”

This is a maddening process. The vast majority of those who have attempted to effectively comunicate with their Servicer has literaly came close to losing their mind. The lack of consistency in the overall process as well as the constant changing of the rules and expectations for all parites involved have created an environment of uncertainty. Confucious say; A confused mind will always say no. I’m an expert and I’m confused. I can’t imagine what they average HUD Counselor of homeowner must be going through.

“Treasury has implemented non-financial remedies that have shaped servicer behavior in order to address the most vital issue: the ultimate impact on the homeowner.”

I wonder is this was said with a straight face. 

I have this fantasy that Ms. Caldwell will win the Lottery and become rich beyond her wildest imagination. She would find this out moments before she is to testify. She would then get sworn in, sit down and pull the mic close to her and tear her written testimony up for all to see. Then she would tell the truth and blast the Servicers and the political lobbyist and her bosses for not having the backbone or commitment to the American homeowner to actually hold accountable those who created this crisis and continue to control the response to it today. I know, I know. That’s why its called a fantasy.

“Twenty months into the program, close to 1.4 million homeowners have entered into HAMP trials and experienced temporary reductions in their mortgage payments. Of these, almost 520,000 homeowners converted to permanent modifications.”

During this same time over 7 million plus have become seriously delinquent. Uncertainty in what the government will do next has exacerbated the problem.

“In the year following initiation of HAMP, home retention strategies changed dramatically. According to the OCC/ OTS Mortgage Metrics Report, in the first quarter of 2009, nearly half of mortgage modifications increased borrowers’ monthly payments or left their payments unchanged. By the second quarter of 2010, 90 percent of mortgage modifications lowered payments for the borrower. This change means borrowers are receiving better solutions. Modifications with payment reductions perform materially better than modifications that increase payments or leave them unchanged.”

The fact that this had to be pointed out amazes me.

“Second Lien Modification Program”

“The Second Lien Modification Program (referred to as 2MP) requires that when a borrower’s first lien is modified under HAMP and the servicer of the second lien is a 2MP participant, that servicer must offer to modify the borrower’s second lien according to a defined protocol. 2MP provides for a lump sum payment from Treasury in exchange for full extinguishment of the second lien, or a reduced lump sum payment from Treasury in exchange for a partial extinguishment and modification of the borrower’s remaining second lien. Although 2MP was initially met with reluctance from servicers and investors who did not want to recognize losses on their second lien portfolios, as of October 3, 2010, Treasury has signed up seventeen 2MP servicers, which includes the four largest mortgage servicers, who in aggregate service approximately 60 percent of outstanding second liens. The program uses a third-party database to match second lien loans with first lien loans permanently modified under HAMP. Servicers are required to modify second lien loans within 120 days from the date the servicer receives the first lien and second lien matching information. The implementation of this database began over the summer. Five 2MP Servicers have already begun matching modified first liens with their corresponding second liens, while the other twelve are in some phase of developing systems capacity to do so. Information on the second lien program will be included in upcoming Monthly Servicer Performance Reports as data becomes available.”

I like this. Now, can we have a fine for those who will also seek a deficency letter from the borrower?

“Home Affordable Foreclosure Alternatives Program”

“Any modification program seeking to avoid preventable foreclosures has limits, HAMP included. HAMP does not, nor was it ever intended to, address every delinquent loan. Borrowers who do not qualify for HAMP may benefit from an alternative program that helps the borrower transition to more affordable housing and avoid the substantial costs of a foreclosure. Under HAFA, Treasury provides incentives for short sales and deeds-in-lieu of foreclosure for circumstances in which borrowers are unable to complete the HAMP modification process or decline a HAMP modification. Borrowers are eligible for a relocation assistance payment, and servicers receive an incentive for completing a short sale or deed-in-lieu of foreclosure. In addition, investors are paid additional incentives for allowing some short sale proceeds to be distributed to subordinate lien holders. The Home Affordable Foreclosure Alternatives (HAFA) Program became effective on April 5, 2010.”

How about a fine for not cooperating with this process inside of 90 days? And, no more games with appraisals or attempting to extort additional money from the Realtors involved.

“Principal Reduction Alternative”

“The Administration announced further enhancements to HAMP in March 2010 by encouraging servicers to write down mortgage debt as part of a HAMP modification (the Principal Reduction Alternative, or PRA). Under PRA, servicers are required to evaluate the benefit of principal reduction and are encouraged to offer principal reduction whenever the net present value (NPV) result of a HAMP modification using PRA is greater than the NPV result without considering principal reduction. The principal reduction and the incentives based on the dollar value of the principal reduced will be earned by the borrower and investor based on a pay-for-success structure. Under the contract with each servicer, Treasury cannot compel a servicer to select PRA over the standard HAMP modification even if the NPV of PRA is greater than the NPV of regular HAMP. However, Treasury has required servicers to have written policies for PRA to help ensure that similarly situated borrowers are treated consistently. The program became operational October 1, 2010 and the four largest servicers have indicated an intention to offer PRA to homeowners.”

This money begins as a principle forbearance and 1/3 of this amount is to be forgiven after each successful year of making the payments on time.
I have become a bit cynical and as this program is not required and it involves giving away money, I have my doubts. Especially in light of the fact that the Federal Government has proven its willingness to step in and help them financially when deemed necessary. If I were the CEO, I would avoid giving away my Shareholders money until all other options had been exhausted.

“FHA Refinance ”

“Also in March 2010, the Administration announced adjustments to existing FHA refinance programs that permit lenders to provide additional refinancing options to homeowners who owe more than their homes are worth because of large declines in home prices in their local markets. This program, known as the FHA Short Refinance option, will provide more opportunities for qualifying mortgage loans to be restructured and refinanced into FHA-insured loans.

In order to qualify for this program, a homeowner must be current on their existing first lien mortgage; the homeowner must occupy the home as a primary residence and have a qualifying credit score; the mortgage owner must reduce the amount owed on the original loan by at least 10 percent; the new FHA loan must have a balance of no more than 97.75% of the current value of the home; and total mortgage debt for the borrower after the refinancing, including both the first lien mortgage and any other junior liens, cannot be greater than 115% of the current value of the home – giving homeowners a path to regain equity in their homes and affordable monthly payments. Program guidance was issued to participating FHA servicers in September 2010.”

FHA and VA always seem to get it right.

“As required by the Dodd-Frank Wall Street Reform and Consumer Protection Act, Treasury is preparing to establish a web portal that borrowers can access to run a NPV analysis using input data regarding their own mortgages, and to provide to borrowers who are turned down for a HAMP modification the input data used in evaluating the application.”

This will be awesome and the fact that it has taken two years and a Bill to force it upon the industry is shameful.
The only concern I have here is the Garbage In Garbage Out syndrome. If one is not very familiar with the Fannie Mae and Freddie Mac as well as FHA underwriting guidelines, one could easily enter the wrong income and create a false read.
Getting quality loan officers back into the process and offering them a small compensation for their time, much like an Agent is offered $75 for a Broker Price Opinion, would eliminate that vast majority of false starts due to inaccurate numbers entered into the Net Present Value calculation and the accusation that borrowers are failing to provide the required paperwork. Loan Officers, at least the majority of the remaining ones, are more than capable of knowing what paperwork is needed and collecting it. Why should these experts be left out and only pay HUD Counselors who often lack the skill-set required to make this program work?

“Servicers need to increase efforts in helping borrowers avoid foreclosure through modification, as well as other alternatives to foreclosure, such as short sales.”

Short sales are the best alternative for all.

Steps Treasury Expects To Be Taken In Order…

…”First, participating servicers are doing everything that they can to reach, evaluate, and start borrowers into HAMP modifications, second, if a HAMP modification is not possible, every servicer is properly evaluating each homeowner for all other potential options to prevent a foreclosure, including HAFA or one of their own modification programs, and third, servicers are utilizing programs such as UP or the HFA Hardest-Hit Fund to their fullest ability in order to prevent avoidable foreclosures.”

Treasury’s priorities are good, their just not aligned with the Serivers and without penalties in place or performance reports that will have a negative effect on the cost of delivering future loans to the GSE’s, we will continue to suffer through this.

“As we deploy a comprehensive suite of loss mitigation options, we must remember, as the President noted, not every foreclosure can be prevented. Any broad-based solution must aim at achieving both an efficient and equitable allocation of resources. This means a balance must be struck between affording homeowners opportunities to avoid foreclosure while expeditiously easing the transition in those cases where homeownership is not an economically sustainable alternative. This is especially important in order to lay the foundation for future appreciation which will provide a meaningful path to sustainable homeownership.”

If we would simply speed up the decision making process, have it be easily discerned and have penalties for Servicers that go beyond a certain number of days to render a decision, we might be able to achieve the stated objectives in this testimony.


H.E.L.P Foundation




800.336.3629 Bringing families Home Serving the Entire Antelope Valley Since 1990 Find more athttp://remaxallpro.com

Short Sale: Avoid Foreclosure Palmdale / Lancaster


There may be another option to save you and your home from foreclosure. Short sales allow you to avoid foreclosure and salvage your credit. Contact a knowledgeable RE/MAX agent to find out more.



800.336.3629 Bringing families Home Serving the Entire Antelope Valley Since 1990 Find more athttp://remaxallpro.com

Short Sale: The Basics

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Millions of homeowners are “under water” on their home loan and facing foreclosure. However, there are foreclosure alternatives. Learn more about the fastest growing alternative – Short Sales – and why this option is more attractive to both the homeowner AND the lender. Your qualified RE/MAX agent can guide you through the process.

800.336.3629 Bringing families Home Serving the Entire Antelope Valley Since 1990 Find more at http://remaxallpro.com