OAKLEY CA SEPTEMBER HOUSING MARKET UPDATE
September is rapidly coming to a close and usually it is a time when the Real Estate Market begins to slow down. However, the Housing Market in Oakley CA is not normal and has not been for quite some time. Oakley CA and its surrounding cities Real Estate Market are hot! The current market is predominantly Bank Owned and Short Sale Listings. There are bargains galore and Buyers are showing their appreciation for this market and sales are brisk. Oakley CA currently has 67 available listings and the Average Sales Price is $180,751. Listings are taking an Average of 82 days of Market time to sell.
Now is a great time to buy in Oakley CA. There is Real Estate Available for First Time Buyers, Move Up Buyers and Investors. Oakley CA is a great family community located in the greater San Francisco Bay Area.
If you are looking to purchase Real Estate in Oakley CA or any of the surrounding cities give us a call or visit our website for more local information.
OAKLEY CA SEPTEMBER HOUSING MARKET UPDATE
INDYMAC/ONE WEST BANK LOAN MODIFICATION HELP IS JUST LIKE A FOX WATCHING THE CHICKEN COOP 
Just when you thought the President's Home Affordable plan was going to be your saving grace, in the midst of this foreclosure mess, you get a rude awakening after you submit your Loan Modification Package. You get a letter stating that you do not qualify for a Loan Modification. SAY WHAT??? You read the letter again to make sure you didn't miss anything and yes you confirm that yes indeed you have been declined. You think this has got to be a mistake and immediately call Indymac/One West. The call goes something like this:
You: Hello, I just got a letter that says I don't qualify for a Loan Modification.
Indymac/One West Rep: Yes, that's true Mr./Ms. Customer it says right here on my computer screen that you don't qualify because you have too many bills and not enough money coming in to cover those bills.
You: You are right about me having a lot of bills but that's why I applied to get a Loan Modification so I could get some debt relief in the way of a lower payment.
Indymac/One West Rep: Well you don't qualify for a modification so you should just Short Sale your home.
You: WHAT? SHORT SALE MY HOME! I thought you people were supposed to make every effort to help distressed borrower.
Indymac/One West Rep: Well all I can do is suggest you re-apply for a modification or put your house on the market as a Short Sale.
I am sure by know if you don't get where that phone conversation is going I will give you a clue. No where, just like your application for a loan modification.
If you are not aware of the fact that Indymac/One West was sold to a group of Gazillionare Hedge Funders. You know now! You see these folks that bought were subsidized with tax money and their exposure to "bad" loans is minimal. Well what do think about that? Get government subsidy, no accountability for lack of help to distressed property owners. What a deal! But, wait here's one more blow to Indymac/One West Borrowers. Indymac/One West has NOT adopted the Home Affordability Modification plan (HAMP). Which means that they were okay with taking Taxpayer money but, they are not okay with helping Taxpayer's. Hmmmm, imagine that!
If you have the displeasure to be a Indymac/One West Borrower you need to contact your political 
representatives ASAP along with contacting the Office of Thrift Supervision, the FDIC and anyone/agency that may have authority to help.
Let's face it these banks are running amuck and it's time we take back control of the Chicken Coop!
INDYMAC/ONE WEST BANK LOAN MODIFICATION HELP IS JUST LIKE A FOX WATCHING THE CHICKEN COOP
Adrienne Smith, Broker
Renegade Real Estate Services Inc.
877-843-8300
Do You Get The BPO Blues?
Over the past few years most Real Estate Agents have made completing Broker Price Opinions (BPO) a part of their income stream. Let's face it, for some Agents and I know a few, it is their only income source. 
Well I don't know about you but BPO's sometimes give me the blues! It all starts when I realize that I have probaly taken on more orders than should be humanly possible to do alone. Yes, I too like so many others bite off more than I can chew. Instead of giving myself a limit, I grab as many BPO's as I can without taking into consideration the "burn out" factor! You look at your que and all of those $45.00 orders start to add up to a nice size paycheck. Next thing you know, you have 25 orders to complete in a couple of days...Yikes! Now there are some smart folks who have their own mini BPO mill running but, I am not one of them. I do get help on pictures, me and my partners snap photo's for each other for orders all the time. The completion of the report however is totally on me.
When I finally get into my report completing mode, I get on a roll with the first few. But when I get to number 5 or 6 I begin to say to myself "what was I thinking grabbing all these reports". No matter how many breaks I take beyond completing 7 reports in one day the regret factor sets in. I think wow I must have experienced a moment of temporary insanity when I accepted all of these doggone reports! By day 2 I am feeling like a school kid whose got to finish the 20 page report and I am trying to think up excuses to tell someone as to why these reports won't be finished on time. NO WAIT, I can't do that! So, I trudge through and complete the rest. I always tell myself I am going to have to get some help or stop taking too many orders. But that never happens and the next thing I know I am giving myself the BPO Blues all over again!
Do you get the BPO Blues
Oakley CA So Your Lender Has Denied Your Loan Modification Request - Now What?
In case you haven't noticed, Loan Modification seems to be the hottest thing around these days. It's being touted as the distressed homeowners "holy grail" to saving their home. Well, I'm sure there are quite a growing number of folks out there that would beg to differ. If you have applied with your Lender for loan modification and have been turned down, you are not alone. There are some things out there that just aren't being told to the masses that want to save themselves from foreclosure.
If you have been denied a loan modification by your lender there is still hope for saving you and your family from foreclosure. First off, if you have had enough guts and more important time to submit a request for a loan modification you must be commended for your efforts. As you may be aware, you can spend countless hours on the phone with your lender just trying talk with someone who can actually help you. The other hurdle you've got to jump is making sure your information is actually received by the lender. This effort can more times than not take numerous faxing attempts, as lenders are notorious for saying "we did not get your fax", "you probably should fax your paperwork again". So once your loan modification paperwork is received by your lender, you feel a sense of relief and accomplishment knowing in your mind that you are on your way to getting the help you need to stay in your home.
As you patiently waited for your lenders approval of your loan modification, you begin to imagine your nightmare coming to an end and being on your way to a fresh start and that once again the "American dream" for you and your family is alive. Then, you receive a letter from you lender stating that your request for a loan modification has been denied. In a matter of minutes your hopes in getting a new start with your lender and better mortgage terms has been sunk. At this point you may be ready to give up, don't, you still have options.
If you are committed to staying in your home you have got to be prepared to put your boxing gloves on and fight. Pick yourself up and dust yourself off and get on the phone immediately with your lender. You want to get clarity on why you were denied and most important ask if you can RE APPLY FOR A LOAN MODIFICATION. Yes, you can be reconsidered for a loan modification, you just need to ask your lender what their procedure is for re-application. Keep in mind that you should review the information you previously submitted to your lender and make adjustments to information or add supporting documentation if necessary. Also, remember there is help out there if you need to have your package reviewed or have questions prior to resubmitting your information to your lender.
Whatever you do, don't give up, persistence can and will pay off.
Looking for more free tips and information on loan modification visit https://secure.blueoctane.net/forms/67TZEIA4RX9G
Oakley CA So Your Lender Has Denied Your Loan Modification Request - Now What?
Adrienne Smith, Broker
Renegade Real Estate Services Inc.
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Oakley CA Foreclosure Moratoriums
Good Idea or Just Another Kick of The "Can" Down the Road? Is it just me, or are there others out there who are tired of the same old dysfunctional approach to a serious problem. I am referring to the latest Foreclosure Moratorium that has be put into effect in California. Haven't we recently been down this road? My most recent check of the numbers show that there are record numbers of Foreclosures that happened right aftter the last Moratorium. Go figure! But how could that be? Weren't the Moratoriums put into place to allow homeowners more time to workout their loan woes with their lenders? Oh yeah, I forgot, during the Last Foreclosure Freeze lenders had the OPTION to work with distressed borrowers. This time around, Lenders are supposed to provide proof that they have made every effort to work with delinquent borrowers. Whew, what a difference a day makes!
So let me see if I understand the goal of this new Foreclosure Moratorium (California). Distressed Homeowner's get 90 more dayst to be led on by their Lender in hopes of getting loan terms that make sense (i.e. better rate, longer term, principal reductionNOT). I am looking into my Crystal Ball...Ooops I mean my "Magic 8" Ball! Oh, Magic 8 ball, will lots of homeowners be saved by the new Foreclosure Moratorim? I am shaking the ball and the answer is..... NO! Wow, I was really hoping that the old "Magic 8" Ball would give me a much more optimistic outlook!
We need real solutions, right now. Our local Politians are obviously, for the most part clueless and powerless as to how to really put a fire under these Lenders behinds to get realistic solutions to our national foreclosure crisis. Blaming the tiny number of Loan Mod Scammers and all but shutting out those who work in the trenches and can provide viable, realistic solutions(Real Estate Brokers and Agents) out of the dialogue prolongs the unecessary suffering of families in distress.
The current California Foreclosure Moratorium will buy many time to stay in their home just beyond Summer and give many the false hope that they perhaps they will be in their home for the holiday season. But in reality, the moratorium has just kicked the "can" down the road a few months and many will once again be facing foreclosure just in time for Christmas!
Oakley CA Foreclosure Moratoriums
RENEGADE REAL ESTATE SERVICES INC. "We Turn Challenges Into Opportunities" If you need Short Sale, REO, Loan Modification or Just general Real Estate Assistance we are at your service!
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