US Tax Dollars pay prison inmates over $9M in Homebuyer Tax Credits

US Tax Dollars pay prison inmates over $9M in Homebuyer Tax Credits
According to Treasury Inspection General for Tax Administration (“TIGTA”) “Additional Steps Are Needed to Prevent and Recover Erroneous Claims for the First-Time Homebuyer Credit.
“A breakdown in fraud controls allowed prison inmates to apply for and receive $9.1 million in homebuyer tax credits from the… Read More

Short Sale-REDUCED – 951 S 12th Street #303 San Jose CA 95112

Short Sale-REDUCED – 951 S 12th Street #303 San Jose CA 95112

University Gardens

Overview Maps Photos Description Neighborhood Market Stats

$269,000

CondominiumFor Sale

Main Features

2 Bedrooms2 BathroomsInterior: 1102 sqftLot: 1,307 sqft

Location

951 S. 12th Street#303San Jose, CA 95112
To get updates on open home dates and other property events, please click the “Like”… Read More

Fannie Mae and Strategic Defaults

Fannie Mae wants borrowers to act in Good Faith in working out an alternative solution with the servicer. Simply walking away (“Strategic Default”) may subject a borrower to legal action to recoup the outstanding mortgage debt. This means, strategic defaulters may walk away from the property however under Fannie Mae’s new policy, in jurisdictions that… Read More

You lost your home – Really?

How does anyone lose a home? Aren’t they kinda big to lose? Afterall, a house is not like a set of keys … something a homeowner can misplace – right?

While sitting at clients’ dining room table the other day their very upset 5 year old daughter interrupted her parents and said:
“Mommie – I don’t… Read More

U-Serve-Yourself Realty versus Full Concierges Service Realty

Let me understand you correctly … you have an agent and YOU are calling me about my listing?

YOU, Mr. Buyer want to know:
1. Is the property vacant?
2. Is it a short sale?
3. How many days have home been on the market?
4. How many loans on the property?
5. Will the bank approve at that price?
6. Does… Read More

FHA Approval Process for San Jose Condominiums

If you, or anyone you know, are looking to buy a San Jose Condo or Townhome, and your financing is FHA, then you need to know the FHA condominium approval process.
As a San Jose Real Estate Broker, Certified Short Sale Specialist and Certified HAFA Specialist, I know firsthand the importance of lender approvals AND ensuring… Read More

A New Foreclosure Bill – Senate Bill 1275

On Thursday, June 3, 2010, the California Senate approved a new foreclosure bill SB 1275. With a 21 to 12 vote, SB 1275 will be heard by the Assembly Banking Committee before it goes to the full Assembly for a vote.
Sen. Mark Leno (D-San Francisco) and Senate President Pro Tem Darrell… Read More

Evergreen Valley Home for Sale

Evergreen Valley Home for Sale

Overview
Maps
Photos
Description
Neighborhood
Market Stats

$449,000

Single Family Home
For Sale

Main Features

3 Bedrooms
2 Bathrooms
Interior: 1789 sqft
Lot: 6,098 sqft

Location

3484 Woodside Lane
San Jose, CA 95121

Kathleen Daniels, CDPE

Intero Real Estate
(408) 972-1822
Kathleen@ExclusiveSanJoseHomes.com
http://www.ExclusiveSanJoseHomes.com

Listed by: Intero Real Estate – Kathleen Daniels

Our recent listings
Evergreen Valley Home for Sale
University Gardens
Berryessa Home for Sale
Cambrian Park Home for Sale
Courtyard Berryessa Condo For… Read More

Mortgage Modification Scams – San Jose Ca

Mortgage Modification Scams in the market today … according to Financial Crimes Enforcement Network
“First, subjects conned homeowners into signing quit-claim deeds to their properties, then sold homes from under the former owner to straw (fabricated) borrowers; the homeowners subsequently received eviction notices. Second, other scammers falsely claimed affiliations with lenders to convince distressed homeowners to… Read More

San Jose Ca Mortgage Modification Red Flags

“People facing foreclosure should avoid any company or individual that requires a fee in advance, guarantees to stop a foreclosure or modify a loan, or advises the homeowner to stop paying the mortgage company.”  Federal Trade Commission http://www.ftc.gov/ops/2009/07/loanlies.shtm

Always avoid offers to modify your mortgage in exchange for upfront fees. No one should expect payment for… Read More