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Homeownership Is Affordable in West Sacramento

Submitted by City iLights, City of West Sacramento
Friday, July 6th, 2012, 11:00am
Homeownership Is Affordable in West Sacramento

Qualified buyers may receive up to $50,000, or 35% of the purchase price, whichever is less, towards the purchase of a home located in West Sacramento from the City’s First Time Homebuyer Assistance Program.   

Interested buyers must first attend a homebuyer workshop presented by NeighborWorks HomeOwnership Center Sacramento Region (NeighborWorks).  A homebuyer workshop will be held at the Community Center, 1075 West Capitol Avenue, West Sacramento, CA on July 14, 2012 from 9 a.m. to 5 p.m... Read More

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Where's the Relief?

Submitted by Kathy Partak, Community Blogger
Thursday, February 9th, 2012, 6:37pm
Where's the Relief?

By now, we’ve all heard the news, “CA and NY have joined the multi-state mortgage settlement.” As a real estate and mortgage professional, I did (legal) loan modifications for nearly four years and I can assure you, California joining this lawsuit will do little to help California home owners struggling to keep their homes.  

Let’s look at the facts, the most important one being that CA has six out of the top ten cities in the nation hardest hit by declining home values (Modesto (4), Merced (5), Stockton (7), Riverside (8), Bakersfield (9), and Vallejo/Fairfield (10), with many of them 30-50% underwater.

The bottom line is this, a $20,000 principal forgiveness is not nearly enough to help balance out the numbers from underwater to break-even.

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Free real estate mobile app launched

Submitted by Amy Jacobson Kurokawa, Multimedia Producer
Saturday, January 15th, 2011, 3:15pm

Cheri Elliott, one of America’s most legendary cyclist and locally well known as “The Broker on a Bike,” announced the launch of her free real estate mobile app.

The app uses GPS, when available, to locate the user and instantly display real estate listings in the immediate area. No more having to pull flyers.  You can see and save all the listings details and photos on the spot. Users can also search by address, city or zip code to see property details for all homes for sale in a specified area, including price, square footage, estimated mortgage, taxes, features, maps, pictures and more. The “Refine Search” feature lets users select a price range, property type and the number of beds and baths to help them find just what they’re looking for. 

It works on standard cell phones, smartphones, and iPhones/iPads across all mobile carriers.   Cheri explains, “This tool is extremely powerful.

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