Thursday, October 16, 2008

New Bank Owned Single Family Homes

Incredible bank owned Almaden Valley home with upgraded Pergo plantation shutters, newer roof, upgraded baths, hot tub with private backyard and no back neighbors. Very low price and located by excellent schools, Simonds, Castillero and Leland High School. This home is in excellent condition. Don't let this one go by. List Price $ 739,900. For more information please contact krasmussen@interorealestate.com.


Very beautiful BANK OWNED home in Campbell. You will fall in love instantly. This 4 bedroom 3 bath is fully lined with hardwood floor, granite countertops in kitchen, nicely landscaped in both front and back yard. Move in ready. Please come and see it, you will not regret it.

Loan Modification

There are attorney groups available in this market that are doing very good work in loan modification. This may be the best solution for those who want to refinance but cannot due to low FICO scores or reduced equity in their homes. We have seen results such as 7% fixed rate 30 year loan modified to 4.0% or lower for the life of the loan! Some results are better, some are not as great, but a good percentage reduce rates and payments to make the borrower have an easier payment. Principle reductions are extremely rare. So if you want to review or improve your situation, let us know, we can send you the right way.