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Who I Am

  • I'm a Realtor with Prudential California Realty in Turlock, CA. You can read more about me on my bio page.

    For my real estate site, including featured homes and full local MLS access, please visit me at
    weworkharder.com.

    I encourage you to leave your comments as well, or just send me an email!

April 14, 2009

How long after a bankruptcy, foreclosure or short sale until I can buy again?

If you are a homeowner in distress, there are several reasons why you should attempt doing a short sale rather than simply allowing your home to be foreclosed on by your lender. Here is yet another reason--much less time before you are again eligible to purchase another home.

According to Fannie Mae Announcement 08-16, dated June 25, 2008 and implemented as of August 1, 2008, this is how much time must pass before a borrower can get another Fannie Mae-backed-loan:

Continue reading "How long after a bankruptcy, foreclosure or short sale until I can buy again?" »

August 24, 2007

Where To Start If You're Afraid To Lose Your Home

You're either behind on your mortgage already, or your rate (and payment) are about to jump significantly, or perhaps you're current on your mortgage but you owe more than it's worth and now you need to move. What do you do?

There are an over-abundance of people and companies who will try to tell you what you should do. But who can you trust?

The Homeownership Preservation Foundation (HOPE) is a non-profit organization funded by the financial services industry and Fannie Mae that operates a hotline to help homeowners understand the options available to them and how to work through them. Each HOPE counselor is HUD-approved and has a credit counseling certification. As a non-profit, the services are provided free of charge and without bias of any kind.

HOPE is probably one of, if not the best place to start. The number is 1-888-995-HOPE. It is open 24/7 and has operators that speak English and Spanish. HOPE can also be found on the web at http://www.995hope.org

If you are looking for a local non-profit credit counseling agency, you can also check out http://www.hud.gov/offices/hsg/sfh/hcc/hccprof14.cfm and search for local HUD-approved counseling agencies located throughout the country.

If you are in a pickle, do something about it. If you're not sure where to start, and want good quality, unbiased information, this is the best way for you to start.