Category Archives: Foreclosure

Foreclosure is the process where the Bank sends legal notice to a homeowner to vacate the property and the Bank takes ownership of the property.

Foreclosure Statistics for Sacramento in August 2010

Posted on October 13, 2010 by Gena Riede

One in every 122 Sacramento houses received foreclosure notices in August 2010.  You can see by zip code those hardest hit, the darker the area the more notices received. For Sacramento County as a whole, 1 out of every 113 homes … Continue reading →

Posted in Foreclosure | Leave a comment

Foreclosed Homes Sometimes Have Unexpected Costs

Posted on September 10, 2010 by Gena Riede

 The Sacramento home buyer referred to in this video opted not to buy the foreclosed bank owned home for sale but this was after the home buyer paid for a Pest Inspection and Home Inspection. With dry rot damage and … Continue reading →

Posted in Foreclosure, Sacramento Real Estate Videos | Tagged , | Leave a comment

Sacramento Getting Some GREAT Real Estate News

Posted on August 25, 2010 by Gena Riede

There is good news on the horizon for distressed homeowners who refinanced their home.  A deficiency judgment may not be lingering over your heads much longer.  The Senate and CA State Assembly passed SB 1178 that protects homeowners who refinanced … Continue reading →

Posted in Foreclosure, Real Estate News, Short Sale | Tagged , | 3 Comments