Santa Clarita Valley Real Estate

Fannie Mae bites back on homeowners who walk away from the upside down homes and investment properties. The courts will now come to the mortgage giant’s plans to take on those who decide not to make their payments. It also will limit their access to future loans. Foreclosures continue at a rate of 2.5 million a year, Federal Deposit Insurance Corp. Chairwoman Sheila Bair said, and some 11 million households owe more on their mortgage than their home is worth. Taking aim at homeowners who are able to pay their mortgage but decide it's not worth it, Fannie Mae plans to go after them in court and to limit their access to home loans for seven years. It was a clarion call to companies servicing its loans to recommend, engaging in a so-called deficiency judgment — a court order requiring a defaulting borrower to pay any remaining unpaid portion of the loan after a seized home is sold. Under California state law, lenders who opt for court proceedings can obtain a deficiency judgment

Foreclosure Timeline Seller's, Borrower's and even novice Realtor's are often confused by the entire foreclosure process; Foreclosure has never been simple but with the current backlog of bank owned properties and other pressures, it's become worse than ever. Here is an easy to read foreclosure process time line. It will help one understand the different methods used to handle and a purchase short sale, pre-foreclosures and foreclosed properties. If you have personal situation we can answer it, or get an answer to your question about your options for staying in your home, selling and moving on your schedule while helping you step by step through the process. 1. First month missed payment. This counts as day one for the bank but notice, the homeowner had 30 days just like normal to come up with a payment. They will always remain 30 days ahead of the bank schedule. 2. Second missed mortgage payment...day 30 for the bank. 3. Third missed mortgage payment...day 60

Create a Certified Wildlife Habitat - National Wildlife Federation

For 24 hour Info 1-800-422-8693 Ext 397 Embrace the Splendor! One of the best locations in Valencia with easy access to everything. Gorgeous and rare largest model in The Fairways features fresh upgrades inside! 3 bedroom, 2 baths, plus a den. Light and bright end unit town home on a cul-de-sac street is surrounded by large wrap around covered patio, expansive greenbelts, mature trees, community tennis courts, spas and sparkling pools. Spacious 1,462 sq. ft. home, plus attached double garage with newer furnace and A/C. Designer kitchen with recessed lighting, Corian countertop and sink. Newer laminate flooring downstairs and newer carpet in the downstairs bedroom and upstairs. Fresh paint thru out, home is ready to move into! Centrally located within walking distance to Valencia schools, parks, paseos and stores! This Valencia home is very clean and shows true pride of ownership! Directions: Exit I - 5 East on McBean Parkway to Tournament, Right @ 1st stop sign, Lema Dr. nex

Avoiding Burglary Showing you how to improve your life and helping you protect their belongings! Santa Clarita CA enjoys the reputation of being one of the safest cities in the nation. However this status does insure total safety in our lives and does not allow us to skip preventive measures and action to protect ourselves and our families.  With summer approaching, many of us are considering family vacations. You know who else is looking forward to their summer vacation? Neighborhood thieves! Keep in touch with your friends and help them protect their home by passing along a couple of useful articles on how burglars determine if a home is a good topic. From Reader's Digest, these two articles are great conversation starters: 13 Things a Burglar Won't Tell You http://www.rd.com/your-america-inspiring-people-and-stories/13-things-a-burglar-wont-tell-you/article156709.html 8 More Things a Burglar Won't Tell You http://www.rd.com/living-healthy/article-8-more-