Another interesting fact June 2009

Please remember to ALWAYS read the date of my blog posts as this information changes very rapidly. Today, June 8, 2009 there are currently 255 homes on the foreclosure status lists in Dixon California, which means they are in default, or have missed payments, have a notice of sale filed on them, or are owned by a bank, there are currently 36 homes actively listed for sale in Dixon today. Barbara Adams, Realtor Kappel and Kappel Inc 401D Davis Street Vacaville, Ca. 95688 707-673-7500 Direct Line 707-471-4068 EFax BarbAdamsRealtor@Yahoo.com VacaHomes.com VacaDixonHomes.com "For your growing Solano family, Barbara Adams cares!"

Market update June 8, 2009

It has been quite awhile since I have reported my market update average statistics, here they are for today, search back in my blog all the way until August 2006 when I first began reporting these updates...interesting upswing. Active 215 listings in Vacaville Averages averag list price average sf average price per sf average days on the market Residential (215) $439,153 2054 $206 125/138 Barbara Adams, Realtor Kappel and Kappel Inc 401D Davis Street Vacaville, Ca. 95688 707-673-7500 Direct Line 707-471-4068 EFax BarbAdamsRealtor@Yahoo.com VacaHomes.com VacaDixonHomes.com "For your growing Solano family, Barbara Adams cares!"

April 2009 Fast Facts

Fast Facts
Calif. median home price - February 09: $247,590(Source: C.A.R.)Calif. highest median home price by C.A.R. region February 09: Santa Barbara So. Coast $715,000 (Source: C.A.R.)Calif. lowest median home price by C.A.R. region February 09: High Desert $121,970(Source: C.A.R.)Calif. First-time Buyer Affordability Index - Fourth Quarter 08: 59 percent (Source: C.A.R.)Mortgage rates - week ending 4/9/09 30-yr. fixed: 4.87% Fees/points: 0.7% 15-yr. fixed: 4.54% Fees/points: 0.7% 1-yr. adjustable: 4.83% Fees/points: 0.5% (Source: Freddie Mac) Reprinted with permission from C.A.R.
Barbara Adams, Realtor
Visit any of my real estate websites at VacaHomes.com VacaDixonHomes.com or MyGreenValleyHome.com
Mobile 707.673.7500

Secure your sliding door

Did you know that many home break-ins occur because the point of entry was at the sliding glass door?
Now, you can get a door lock that will keep intruders from entering your home via the sliding door.
Visit this website today for more information.
Barbara Adams, Realtor
Visit any of my real estate websites at VacaHomes.com VacaDixonHomes.com or MyGreenValleyHome.com
Mobile 707.673.7500

Wonder if you qualify for making home affordable refinance or loan modification?

Wonder if you qualify for the making home affordable refinance or loan modification program for March 4, 2009? Please visit this site to determine if Fannie Mae or Freddie Mac own your loan, no matter who your servicer is. Barbara Adams, Realtor  Kappel and Kappel Inc. 401D Davis Street Vacaville, Ca 95688  707-673-7500 Cell 707-471-4068 eFax   Homes/Investment/Land/Ranches VacaHomes.com

Homesteps HUD Homes

Homesteps, a Freddie Mac program is again offering incentives to buyers on their homes, email me if you'd like a list of HUD homes for sale in Solano and Yolo county. Barbara Adams, Realtor Kappel and Kappel Inc 401D Davis Street Vacaville, Ca. 95688 707-673-7500 Direct Line 707-471-4068 EFax BarbAdamsRealtor@Yahoo.com VacaHomes.com VacaDixonHomes.com "For your growing Solano family, Barbara Adams cares!"

Mortgage relief program March 4

If you want more information on the mortgage relief program and if your home qualifies, you will need to determine if Fannie Mae or Freddie Mac own your loan. 3 major banks are also participating willingly to re-fi or re-structure your loan the banks will get supplemental monetary incentives to accomplish this. Go to FinancialStability.gov to find out more. I will report more as I acquire details and share them. You can read housing facts here. It appears that if you are current on your payments you can possibly now get help and if you are late in payments you may also get help. In the event you cannot pay and your home does not qualify to get a loan re-work, the banks are compensated to approve short sales and offer a deed in lieu of foreclosure to other homeowners. Time and money for this is limited, so check it out as soon as possible. You will be required in most cases to have your 2008 tax return ready and your last 2 pay stubs, and other financial information. Contact your lender.   Barbara Adams, Realtor Kappel and Kappel Inc 401D Davis Street Vacaville, Ca. 95688 707-673-7500 Direct Line 707-471-4068 EFax BarbAdamsRealtor@Yahoo.com VacaHomes.com VacaDixonHomes.com "For your growing Solano family, Barbara Adams cares!"

First time homebuyer GOLDEN opportunity California

In California, if you are a first time homebuyer (if you have not owned any real estate in the past 3 years YOU are a first time homebuyer). You will qualify for TWO separate tax credits IF you close escrow by the end of the year. Rules are changing each week, but right now these two tax credits apply for you IF you buy a new home in California as a first time homebuyer you will get a $10,000 state of California tax credit spread evenly over the following 3 years after closing. (This could mean cash in your pocket of over $3,300 per year) ALSO you will qualify for an $8,000 federal tax credit that DOES NOT have to be paid back if you buy your home by the end of the year as a first time homebuyer, this federal credit applies only to the first time homebuyer crowd and you can buy any single family home not just a new one. BUT if you are a first time Calif home buyer AND you buy a new home, you WILL get the tax credit from BOTH the state and federal tax systems that could add up to $18,000 in total tax credits! IF you sell your home within the first 3 years, the federal tax credit MUST be paid back IN ESCROW in full, so you must plan on staying in your home for at least 3 years to keep the federal tax credit. All of this is planned to stimulate the housing market and put first time homebuyers in line to buy a home in California. For some people this is the first and perhaps only opportunity to get into the California home market. You must get qualified by a lender before shopping for your home so you will know what your budget is going to be. For more details, call me to set up an appointment to discuss your options on buying a home in today's market. Even if you are not a first time homebuyer you will find that today's prices and interest rates are the lowest in years. Investors may be looking to the California real estate market as a way to grow their investments if they believe in the up and down cycle of historical real estate values. If you are retired and moved out of California in the past, you may be thinking of coming back to California, now is the time to see the lowest prices and motivated sellers that you have seen in a few years. Bank owned homes are in better condition than they were a year ago. Barbara Adams, Realtor  Kappel and Kappel Inc. 401D Davis Street Vacaville, Ca 95688  707-673-7500 Cell 707-471-4068 eFax   Homes/Investment/Land/Ranches VacaHomes.com

City of Dixon General Plan Update meeting

7 PM Monday Feb 23, 2009 City of Dixon General Plan update meeting will be held on Ford Way at the Fire Department, same as your polling place. Be a part of the solution. Barbara Adams, Realtor  Kappel and Kappel Inc. 401D Davis Street Vacaville, Ca 95688  707-673-7500 Cell 707-471-4068 eFax   Homes/Investment/Land/Ranches VacaHomes.com

Real Estate News

Gee, the Solano county real estate news is changing so quickly I haven't kept up the Vacaville Dixon and Solano real estate blog news because as soon as the ink dries the news is old or the limits change. Apparently we are getting all the details on the new mortgage workouts, rates, tax credits, new FHA limits, changes to capital gains law, property tax reductions and a lot more. I would like to wait a few days to let the dust settle and give you the total new up to date information on all of this. FHA has the most sweeping changes in loan limits and their new down payment is at least 3.5% now, this will probably cause the other loans to match their limits. VA loans are still 100% loans, first time homebuyers will be getting the most by having the $8,500 tax credit their first year of owning the home and the newest change is that if they don't sell in the first 3 years, they don't have to pay the tax credit back and there is a deadline on when they can buy. Inventories of homes for sale are quite low in Vacaville, hard to find just what the buyer is now looking for in all of the price ranges below $600,000. Multiple offers exist on most of the decent looking homes in good condition in most areas. New homes are not being built so much anymore, although I can show you some affordable new homes in Vacaville that are coming soon. If you go with me to the builder, you will receive a rebate from me at the close of escrow. The best way to find what you are looking for is to find a good Realtor, as your buyer agent, who knows the market and will keep their eye out for the new listings. BUYERS do NOT pay their buyer agent, we are FREE to you, the buyer and we work on your behalf. Barbara Adams, Realtor  Kappel and Kappel Inc. 401D Davis Street Vacaville, Ca 95688  707-673-7500 Cell 707-471-4068 eFax   Homes/Investment/Land/Ranches VacaHomes.com

Solano county Loan limit changes 2009 PMI escrow closing ratios etc

As of January 1, 2009: FHA loan maximum limits have been reduced to $400,200 in Solano county, each county differs, so check with your lender. The FHA minimum down payment has increased to 3.5%, up from 3%. 100% VA loans can still be obtained, there are some fees that are mandatory to request from the seller, so let your Realtor know this so the contract can be written to accomodate this fact. You may use your VA loan more than once, as long as the previous loan amount has been satisfied by a loan payoff. If your loan was assumed by another VA buyer, you must wait until that loan is freed up for your use. Conforming loan maximum limits have reverted back to that of 2007: $417,000. This means that if you need to borrow more than $417,000 you will be facing a Jumbo, non-conforming loan which my have higher down payment requirements, higher FICO score requirements, higher debt to income ratios and higher interest rates, OR a combination of aqny of these components. If you need more than the loan amounts stated above, you may choose to put a higher down payment or ask for seller financing to span the difference. If you put down less than a 20% down payment you will be paying PMI mortgage insurance which is factored into your ability to repay the loan, check with your tax preparer, all or part of this may now be tax deductible in certain cases, in the past it never was. Once your equity exceeds a certain amount, PMI insurance can be removed from your loan package, after an appraisal and certain other conditions met, check with your lender before proceeding. In 2009, your lender may require you to deposit a few PMI insurance payments into your escrow account at closing, which will increase your costs to close escrow. Learn the terms and definitions so you can be aware of the process. Barbara Adams, Realtor  Kappel and Kappel Inc. 401D Davis Street Vacaville, Ca 95688  707-673-7500 Cell 707-471-4068 eFax   Homes/Investment/Land/Ranches VacaHomes.com

Shop, Eat, Work in Vacaville....and bye bye Nut Tree Park, but not the Village

Sorry to say that the new Nut Tree park is closing it's doors it was announced yesterday.... =(   As baby boomers, we missed the old park and the new park held the interest of the under 4 crowd, just not enough to get the crowds going and keep the place open any longer...We say farewell again to an old friend, and look to the future when the Harbison House will open to the public. Harbison house is a historic home that is being updated and readied for public viewing. In preserving both the Harbison House and The Pena Adobe house, we ARE keeping our past here in the present for our children to see how it was in the early days of Vacaville when we grew fruit and sold it to others and the early families who created the original Nut Tree created a marketplace for the fruit and locally grown foods, they opened a restaurant and a candy shop for the enjoyment of those who passed by on old highway 40 in the early years of the 20th century. Later that century, they were joined by the fast food places on "hamburger hill" mostly because the passersby would DREAM of hamburgers when they passed through Vacaville at that time because the Basic Onion Facility was processing onions on the same location as my office now sits, being so close to the freeway, people could not escape the onion smells of Vacaville and associate us with onions, hamburger hill got many visitors because of this onion hint, putting into the people's minds that they really should have a hamburger as soon as possible! Back in those days, there were few retail stores in Vacaville, it was mostly a sleepy, quiet suburb where people laid their heads down in the night and then hopped into their cars and headed to the bay area and in busses and vanpools to their jobs at Mare Island. Back then, that is how you saved gas, you had carpool buddies, people you literally spent more time with than your own families it seemed....riding in monumental traffic jams at commute times because most of the employers had the same work hours. Vacaville was what they called a bedroom community, few jobs and little shopping and even fewer restaurants, the big ones were Murillo's and Pietro's which are both still in operation and are still awesome places to eat....but are now joined by some other awesome restaurants that are now starting to withstand the test of time, Wren's Cafe, Baker's Square, Burger City being one of them, a great place to gather, eat, check the sports scores and have a great meal. Stars, Yen King and other places such as Country Waffles, Omelette Bistro and are taking their accolades for the superior food and great service! Later we all enjoyed getting our first round of OUTLET stores and then another whole block of them, being joined by COSTCO and Sam's Club and literally hundreds of other brand name stores, Vacaville is really one of the destination shopping centers in this part of California! Most recently we started to welcome in all the new and long-awaited stores and eateries at the new Nut Tree Village! A great place to shop and eat and get what you want and what you need from soup to nuts, Panerra Bread is constantly busy every time I go there due to their awesome menu and great atmosphere, have a HUGE ice cream delight at Fenton's which, if you ever think you can.....have a meal there before your ice cream, their grill menu is AWESOME! (One method is to share a meal and then get the ice cream after!) Did you notice that See's Candies is now out there? Ritz Camera, Safeway, String's, Applebee's, Togo's Eatery, Olive Garden and so many more awesome places are now at your Vacaville fingertips! Jobs in Vacaville have increased hundred and thousandfold since the late 1970's.....it used to be that more people commuted out of town to work than worked in town, but that number has shifted the other direction in the past 10 years.... with MAJOR international Fortune 100 companies located here, Vacaville has been on the map for a decade as a place to locate your business! With a great source of reasonably priced houses, great shopping, great location to a major interstate freeway that joins the state capitol with the greater San Francisco Bay Area and that means midway beach to ski mountains for us. Businesses have had their eye on us for a long time now and it shows... With some places that have been here for ages and ages like Lucky/Albertson's distribution warehouse to Mariani Fruit (which just installed a state of the art solar energy field) to P G & E and others. We have attracted large employers such as Genentech, which just added a new building to their campus, Alza (J&J), State Compensation Insurance which just opened their new office complex in Nov 2008, Kaiser Medical Center and others who have plans to move here as well in the future. DOWNTOWN Vacaville has also undergone a genesis....going from a place to get from here to there, placing the library and senior center there started bringing more people into downtown, adding a town square, shutting down the creekwalk, holding farmer's market, having free concerts and bringing traffic thru the area, many many nice stores and eateries are now located there, you can get your photo taken, buy jewelry, eat fresh baked goods, buy a bike, a walker or a house, learn karate or beadery, book a cruise, eat a steak, buy a guitar, watch a flick, get your hair done, do your taxes, exercise, or relax in a day spa, AND MUCH MORE all in downtown Vacaville! Barbara Adams, Realtor Kappel and Kappel Inc 401D Davis Street Vacaville, Ca. 95688 707-673-7500 Direct Line 707-471-4068 EFax BarbAdamsRealtor@Yahoo.com VacaHomes.com VacaDixonHomes.com "For your growing Solano family, Barbara Adams cares!"

January 2008 market update

January 2008 -Vacaville market update  Latest    November Sales stats n. Solano county mls State of California Consumer Mortgage Help site Solano County going Green Will C. Wood has new math and science wing SCIF opens new 750 employee office facility in Vacaville Nov 2008 New train station approved/funded in Vacaville Peabody/Vanden Vacaville Heritage Council- Know where you came from USDA home loans- small community loans Dixon Winters   Quick Stats – Averages January 11, 2008……… 342 Vacaville Active Listings   Listing $ SqFt Listing Pr/SqFt DOM/CDOM Residential (342) $350,412 1916 $178 121/139   The criteria for Feb 4, 2008 at 8:32 PM: 444 Vacaville ACTIVE Single Family Home listings 105 Days on market average $446,868 Average List Price $240/sf average asking price on current active market 1867sf average size of the average home on the market   The criteria for October 22, 2007 at 11:00 PM: 550 Vacaville ACTIVE Single Family Home Residence listings 99 Days on market average $503,738 Average list price $266/sf average asking price on the current active sfr market 1920sf Average size of the average home on the current Active market   The same criteria for 8/27/2006: 572 Vacaville ACTIVE SFR listings 72 Days on market average $526,782 Average list price $297/sf average asking price 1812sf Average size Barbara Adams, Realtor Kappel and Kappel Inc 401D Davis Street Vacaville, Ca. 95688 707-673-7500 Direct Line 707-471-4068 EFax BarbAdamsRealtor@Yahoo.com VacaHomes.com VacaDixonHomes.com "For your growing Solano family, Barbara Adams cares!"

Dream Dinners

If you don't have time to cook, want to have help planning your menus, want to eat healthy dinners, you may want to try Dream Dinners in Vacaville. It's a great way to feed your family at home and comes in many different sizes for various family sizes. You schedule a time to go in, you choose your dinner size, dish up your food according to the recipes that are pre-set. Packaged and ready to take home to your freezer, the meals include easy step by step directions on how to prepare your meals. This will save you both time and money in your home budget, according to Dream Dinners, the time you save can be used for stress reduction, quality time with the family, work overtime, housecleaning, yardwork or anything else you wish. Try it today, and tell your friends, they'll be glad you did! Barbara Adams, Realtor Kappel and Kappel Inc 401D Davis Street Vacaville, Ca. 95688  707-673-7500  Direct Line  707-471-4068  EFax BarbAdamsRealtor@Yahoo.com VacaHomes.com VacaDixonHomes.com "For your growing Solano family, Barbara Adams cares!"

End of the year snapshot

Soon, I plan on outlining changes in the local real estate scene, what's new, what's going away and what changes will take effect on January 1st 2009. I will give an mls update on the current average home list price, average size home on the market, how many local listings and how many average days on the market, I will also post the same figures for August 2006 when I first began to publish these facts, it will be interesting to see the changes in asking prices and how many homes are on the market. I have closely watched the data change over these past 30 months, from an excessive amount of listings that were not selling, to a high number of short sale listings, switched to a high number of bank owned listings, from a low volume of sales last year to this year's amount of sales compared to each month last year, sales volumes have increased every month this year over last year. With foreclosures slowing up due to recent governmental tracking of foreclosure procedures so that they have slowed down the amount of bank owned listings, also affecting that has been the banks willing and being asked to re-work loans for some homeowners, but not all of them. In a normal year, the holiday season is usually not the time that people put their homes on the market, so what we currently have are fewer listings on the market at the present time, December 2008. Recently, interest rates have dropped to their lowest rates in recorded history, but also historically buyers wait until "after the holidays" to look at properties. Buyers have been active all through the holiday period this year. Nothing is the same this year. It is imperative to contact your lender before you shop for a home as loan qualification criteria and interest rates and loan terms have been modified in most cases. FHA loans will require a 3.5% minimum down payment starting tomorrow (Jan 1, 2009). FHA maximum loan amounts will also change on Jan 1 along with many other things in the housing market. Minimum FICO scores are higher for certain loan types than 2007/2008. Don't text while driving in 2009 in California. Call me for a Free List of Bank Owned homes, Short Sale listings and Treasury Owned homes in Yolo, Solano and Napa county. Barbara Adams is your local Solano County Fannie Mae and Freddie Mac Homesteps Selling Agent for HUD homes. Condos are for sale as low as $66,000 in Vacaville and Fairfield, call me today for a day one positive cash flow on your next investment property. Single family homes for sale in Vacaville as low as $149,000.   Barbara Adams, Realtor Kappel and Kappel Inc 401D Davis Street Vacaville, Ca. 95688  707-673-7500  Direct Line  707-471-4068  EFax BarbAdamsRealtor@Yahoo.com VacaHomes.com VacaDixonHomes.com "For your growing Solano family, Barbara Adams cares!"

Make a twinkie at home

Here's something to try out... Make your own Twinkies at home... Step by step instructions on video show you how to make these at home today. Pretty interesting information. You will also find out what happens to Twinkies after years of storage. Barbara Adams, Realtor Kappel and Kappel Inc 401D Davis Street Vacaville, Ca. 95688 707-673-7500 Direct Line 707-471-4068 EFax BarbAdamsRealtor@Yahoo.com VacaHomes.com VacaDixonHomes.com "For your growing Solano family, Barbara Adams cares!"

Solano County General Plan Update

Here's the latest scoop: To help you understand the new Solano General Plan, I have linked to some of the most important parts of the new plan with will be in effect on December 31, 2008. A new General Plan was adopted by the Solano county Board of Supervisors on August 5, 2008. Measure T on the November 4, 2008 ballot confirmed approval of the new General Plan and an ordinance to amend the Orderly Growth Initiative and extend it until December 31, 2028. To view the new 2008 Solano county general plan, click here. It takes time to load, please wait. Here are links to all the areas of the Solano County 2008 General Plan. The new  2008 Solano County General Plan Land Use diagram is here. New 2008 Solano County Land Use description Chapter is located here.     Barbara Adams, Realtor Kappel and Kappel Inc 401D Davis Street Vacaville, Ca. 95688 707-673-7500 Direct Line 707-471-4068 EFax BarbAdamsRealtor@Yahoo.com VacaHomes.com VacaDixonHomes.com "For your growing Solano family, Barbara Adams cares!"

Vacaville PAL crab feed

I just heard about the first crab feed of the year in Vacaville. Crab feeds are commonplace in the vicinity of the north bay area of California, and are normally held in January and into February in some cases, from Calistoga to Dixon, Napa, Vacaville and Benicia and Vallejo. Anyhow, the Vacaville PAL crab feed will be held Jan 3rd at the Vacaville Ulatis Community Center. Here is the flyer for this event for Police Activities League, which brings cops and kids together in Vacaville. Reserve a table for 10 and bring all your friends! Barbara Adams, Realtor Kappel and Kappel Inc 401D Davis Street Vacaville, Ca. 95688 707-673-7500 Direct Line 707-471-4068 EFax BarbAdamsRealtor@Yahoo.com VacaHomes.com VacaDixonHomes.com "For your growing Solano family, Barbara Adams cares!"

26th annual Merriment on Main Festivities Vacaville

If you want to see what a small town can do to ring in the Christmas season, come downtown to Main Street in Vacaville and experience the loving, warm and community spirit that I AM SURE will be even more welcoming this year as we all tighten our belts and learn to live with less and cherish what we have and that is our family and friends. Food, booths, music, crafts. Museum exhibit. Onion soup and inspiration from local churches. Merriment on Main has always been a free event. Everything is free, nothing is allowed to be sold at this event. Safe and cheery this will be a welcome respite from all the changes people are currently experiencing in the new economy. The tree arrived a couple days ago and is sitting tall at Creekwalk and Main. Visit the Festival of Trees and choose your favorite. The auction will be held on Dec 5th when the winners will bring home their tree for the Christmas holiday. This year (2008), Merriment on Main Street will be held on Tuesday Dec 2nd. Come downtown for free food, drink and entertainment including live music, hot apple cider, hot chocolate, singing, meet the mayor, see the pretty Christmas tree and help greet Santa as he is expected to drop in on us about 6 pm that night. Handicapped parking will be available. Call 707-451-2100 for more information. Barbara Adams, Realtor  Kappel and Kappel Inc. 401D Davis Street Vacaville, Ca 95688  707-673-7500 Cell 707-471-4068 eFax   Homes/Investment/Land/Ranches VacaHomes.com

Hope Now links

Here is a link to the Hope Now website with further information and comments on the workshops, one of which is coming up in early December at the Sacramento Convention Center. Barbara Adams, Realtor Kappel and Kappel Inc 401D Davis Street Vacaville, Ca. 95688 707-673-7500 Direct Line 707-471-4068 EFax BarbAdamsRealtor@Yahoo.com VacaHomes.com VacaDixonHomes.com "For your growing Solano family, Barbara Adams cares!"

Loan modification workshop in December

The big foreclosure prevention workshop is coming up in December, it will be held at the Sacramento Convention Center on December 4th. Hope Now is the National Alliance of mortgage lenders and no-profit loan counselors, they will be in Sacramento on Thursday Dec 4th - 3 p.m. until 9 p.m..  This is a free event at the Sacramento Convention Center on J Street in Sacramento. It might be far for you to travel, it might be during your working hours, but it is worth the effort to attend this as these workshops may be valuable information for your mortgage situation. Mortgage workshop specialists are being coordinated from over 20 financial institutions and will talk with troubled borrowers. John Jelavich from the PMI group of Walnut Creek said his firm will mail invitations to borrowers insured with his firm's PMI insurance and lenders MAY be mailing out invitations, but this is not an invitation only workshop. You may visit www.HOPENOW.com for more information 888-995-HOPE or JUST come to the event in Sacramento. Keeping the lines of communication open with your lender is essential to your situation, if you are getting nowhere when you call the contact phone numbers you can face an actual person from your loan institution at this sort of an event. Let your case be heard. Bring information on your particular situation and your mortgage statement to the workshop. Be informed. Barbara Adams, Realtor Kappel and Kappel Inc 401D Davis Street Vacaville, Ca. 95688 707-673-7500 Direct Line 707-471-4068 EFax BarbAdamsRealtor@Yahoo.com VacaHomes.com "For your growing Solano family, Barbara Adams cares!"

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Vacaville homes for sale Barbara Adams, Realtor  Kappel and Kappel Inc. 401D Davis Street Vacaville, Ca 95688  707-673-7500 Cell 707-471-4068 eFax   Homes/Investment/Land/Ranches VacaHomes.com

Loan workouts Citigroup

Citigroup has just joined the ranks of mortgage lenders willing to work with borrowers to modify their loans, they will even take interest in assisting some of their homeowners who are not yet behind in their payments but who could be at sometime in the future. Today, Citigroup will induce a moratorium on most of their foreclosures in order to assess who they can help, other banks have already made this comittment, Bank of America, JP Morgan Chase and Wells Fargo who have all made similar loan workout announcements, some starting as soon as Dec 1, 2008 but chiefly for delinquent loans. Other lenders are outlining plans to do similarly. The US Government is working on homeowner assistance as well and announcements are expected soon. Barbara Adams, Realtor Kappel and Kappel Inc 401D Davis Street Vacaville, Ca. 95688 707-673-7500 Direct Line 707-471-4068 EFax BarbAdamsRealtor@Yahoo.com VacaHomes.com VacaDixonHomes.com "For your growing Solano family, Barbara Adams cares!"

Solano County Real Estate Today Vacaville Fairfield Dixon Napa Davis: Luxury Riverfront living in Sacramento

Solano County Real Estate Today Vacaville Fairfield Dixon Napa Davis: Luxury Riverfront living in Sacramento

Barbara Adams, Realtor
Visit any of my real estate websites at VacaHomes.com VacaDixonHomes.com or MyGreenValleyHome.com
Mobile 707.673.7500

Loan Modification Information Banks Lenders

Loan workout Resource Sheet

Terms, definitions, individual loan workout program links, whether you are behind in your payments or maybe you are not but are having or foresee difficulty in making your house payments.

As the coming weeks will show, there will be more and more banks that will be offering loan modifications in either rates or the length of the loan term due to recent federal legislation, for certain homeowners with hardships but who may be able to afford a different payment plan than they currently have. It will be a requirement that for 90 days before foreclosure procedures in the near future that banks attempt to make arrangements for payments before instituting the foreclosure process.

Even if your particular bank is not linked here, they may still be working with borrowers, call your bank or lender and ask to speak to the loan modification department manager. Scroll down for phone numbers for most lender loss mitigation departments.

If your bank recommends a short sale after discussing your situation with you, you will need an experienced Realtor, simply call me to discuss the discreet listing of your home, our fees will be paid by your bank at the close of escrow. A for sale sign in your yard is not necessary. Your privacy is my main concern. Your confidence in my knowledge and experience is your assurance that a successful short sale can be accomplished. I work with the short sale negotiation team in my office , together we can work with your lender to achieve a win-win situation.

Contact your attorney and financial advisor for possible tax consequence information on short selling, foreclosures or a deed in lieu of foreclosure.

SAMPLE LOAN MODIFICATION FORM

Credit Counseling for East Bay cities

California Foreclosure Avoidance Information

CAL-HFA foreclosure avoidance

BANK NEGOTIATION INFORMATION

CitiMortgage

CitiMortgage Hardship Assistance

Workable Solutions Application

Countrywide - Bank of America- December 1, 2008

Financial Difficulty Relief

Everhome Mortgage Corp

If you fall behind in your mortgage

GMAC

Resource Center for Homeowners

Financial Analysis for Homeowners Form

Homecomings

Help for homeowners

Financial Analysis Form Homecomings

IndyMac Bank – FDIC

Loan modification information

Short Term repayment plan

Conditional Forbearance

Loan Modification

Short Sale

Deed in Lieu

Loan Modification Portal

Information Center

Glossary of Terms

WaMu Washington Mutual

Need help with your mortgage?

Borrower Assistance Form

Wells Fargo

Alternative Repayment Options

Request Payment help

Espanol para evitar la ejecución hipotecaria

Loan Modification Phone Numbers:

Lender/Servicer Loss Mitigation Help

Phone Numbers & Contact Information
_________________________

ABM AMRO Mortgage (800) 783-8900

Accredited Home Lenders(877) 683-4466

AMC Mortgage Services (Also handles loans Ameriquest and Argent) (800) 211-6926
1600 McConnor Parkway
Schaumburg, IL 60173

American Home Mortgage Corp.(877) 304-3100*

Ameriquest Mortgage (Debt collection -- see AMC Mortgage Services) (800) 211-6926

Aurora Loan Services (Debt collection) (800) 550-0508
By Overnight Mail:
601 5th Avenue
Scottsbluff, NE 69361
Attn: Customer Service
By Regular Mail:
P.O. Box 1706

Scottsbluff, NE 69363
E-mail: ccnmail@alservices.com

Avelo Mortgage LLC (866) 992-8356*

Bank of America (800) 846-2222

BB&T Mortgage (800) 827-3722*

AmTrust Bank (fka Ohio Savings Bank) (888) 696-4444

Beneficial (800) 333-5848

Central Pacific Bank (800) 342-8422*

Charter One (800) 234-6002

Chase (800) 446-8939
Chase Home Finance (800) 848-9136 (customer service) (858) 605-2181 (delinquency customer service)
Chase Home Finance-New Jersey (800) 446-8939* Chevy Chase Bank (800) 933-9100*

Chase Manhattan Mortgage
(800) 446-8939 (Ohio Servicing Center)
(800) 526-0072 (Florida Servicing Center)
(800) 527-3040 x533 (Florida Servicing Center)

Chevy Chase Bank (800) 933-9100
Web: (Payment Addresses)

Citi Financial Mortgage (800) 753-3673

Citimortgage (800) 283-7918

Countrywide (800) 262-4218

Ditech (800) 852-0656 (800) 449-8582

Downey Financial Corp.(800) 824-6902, ext. 6696

Deutsche Bank National Call Number on Mortgage Statement

EMC 800-723-3004
P.O. Box 141358
Irving, TX 75014-1358

EverBank (800) 669-7724 ext. 4730

Equity One (Debt collection) (866) 361-3460

First Horizon Home Loans (800) 489-2966*

Fifth Third Bank (800) 375-1745 Option 3

First Merit Bank (888) 728-9931

Flagstar Bank (800) 968-7700, ext. 9780

Fremont Investment & Loan (866) 484-0291

GMAC Mortgage (800) 850-4622

GreenPoint Mortgage Funding (800) 784-5566, ext. 5383*

Green Tree (877) 816-9125

Homecomings Financial (800) 850-4622*

HomeEq Mortgage Servicing ( Debt collection) (866) 822-1471

Household Finance (A HSBC Co.) (800) 333-5848

Household Mortgage (800) 333-4489 Household Mortgage -(Is now called HSBC Mortgage Services) (800) 365-6730

HSBC Mortgage (800) 338-6441

(Mortgage Services and Corp. are different) (800) 338-6441
Default Resolution Team (for long term problem)
2929 Walden Avenue
Depew, NY 14043
(888) 648-3124 Loss Mit
(732) 352-7519 Fax

Huntington National Bank (800) 323-4695

Indymac Bank (877) 736-5556
C/O Loan Resolution Department
P.O Box 7014
Pasadena, CA 91107
(Monday - Friday 6:15am-7:15pm. (Pacific Time))

Irwin Mortgage (888) 218-1988
P.O Box 7014
Pasadena, CA 91107
E-mail: deliquency.prevention@irwinmortgage.com

James B. Nutter & Company (800) 315-7334

Key Bank (800) 422-2442

LaSalle National Bank (800) 783-8900

Litton Loan Servicing (800) 999-8501 or (800) 548-8665
Fax (713) 966-8820
4828 Loop Central Drive
Houston, Texas 77081-2226
Loss Mitigation Department Hours:
Monday Eastern: 9 a.m. - 7 p.m. Central:8 a.m. - 6 p.m. Mountain:7 a.m. - 5 p.m. Pacific:6 a.m. - 4 p.m.
Tuesday-Thursday Eastern:9 a.m. - 9 p.m. Central:8 a.m. - 8 p.m. Mountain:7 a.m. - 7 p.m. Pacific:6 a.m. - 6 p.m.
Friday Eastern:10 a.m. - 6 p.m. Central:9 a.m. - 5 p.m. Mountain:8 a.m. - 4 p.m. Pacific:7 a.m. - 3 p.m.
Default Counseling Department representatives are also available most weekends on Saturday from 8 a.m. to 12 p.m. and Sunday from 10 a.m. to 2 p.m. (CST).

Midland Mortgage (800) 552-3000 or (800) 654-4566

Mortgage Lenders Network (800) 691-0129
E-mail: customerservice@mlnusa.com

Mortgage Electronic Registration Systems (888) 679-6377

National City (800) 367-9305, Ext. 53221 or (800) 523-8654
Attention: Homeowner's Assistance
3232 Newmark Dr.
Miamisburg, Ohio 45342
(8AM-10:30PM ET, Monday - Thursday)
(8AM-5PM ET, Friday)
(8AM-Noon, Saturday)

Nationwide Advantage Mortgage Company (800) 356-3442, ext. 6002*

NationStar Mortgage (888) 850-9398* Press 0 for operator

New Century Financial Now ; Now called: lCarrington Mortgage Services (800) 790-9502 or (877) 206-9904
(6:00 a.m. to 7:00 p.m. Pacific Time, Monday - Thursday)
(6:00 a.m. to 6:00 p.m. Pacific Time, Friday)

NovaStar Mortgage Loan Resolution Department (888) 743-0774 Non-English: (888) 743-0774, ext. 4523

Ocwen Federal Bank (800) 746-2936 or (877) 596-8560
Attention: Financial Information
12650 Ingenuity Drive
Orlando, Florida 32826
or
Ocwen Financial Corporation
1661 Worthington Rd., Suite 100
West Palm Beach, Florida 33409
Phone: 877-226-2936

For serving Ocwen with legal process, please send to their registered agent:
Corporation Service Company
2711 Centerville Road, Suite 400
Wilmington, DE 19808
Phone: 561-682-8000, x8386

Option One (866) 711-1962 or (888) 275-2648

PHH Mortgage (Formerly Cendant) (800) 257-0460
For borrowers facing possible delinquency: (800) 330-0423*
For borrowers in the foreclosure process: (800) 750-2518

ResMae Mortgage Corp.(877) 473-7623, ext. 5944

Saxon (800) 665-7367

Select Portfolio Servicing (888) 818-6032
Fax: (801) 293-3936
Loan Resolution Department
P.O. Box 65250
Salt Lake City, UT 84165-0250
(Monday - Thursday 10:00 a.m. - 10:00 p.m. EST)
(Friday 10:00 a.m. - 7:00 p.m. EST)
(Saturday 9:00 a.m. - 1:00 p.m. EST)

SkyBank (800) 290-3359

Sun Trust Mortgage (800) 634-7928
PO Box 26149
Richmond, VA 23260-6149
Mail Code RVW 3003

Third Federal Savings (888) 844-7333

US Bank (800) 365-7900

Wachovia Bank of Delaware (866) 642-8608

Washington Mutual (866) 926-8937 or (888) 453-3102 or (800) 478-0036 or (800) 254-3677

Waterfield Mortgage (800) 957-7245
Fax: (260) 459-5390
c/o Loss Mitigation Dept.
7500 W. Jefferson Blvd.
Fort Wayne, IN 46804
(7 am - 10 pm EST Monday - Thursday)
(7 am - 9 pm EST Fridays)
(8 am - 2 pm EST Saturdays)
E-Mail: saveyourhome@waterfield.com

Wells Fargo (877) 216-8448 or (866) 261-5642 or (800)766-0987 or (800) 678-7986 for payment assistance
Borrower Counseling Services
Monday - Friday 8:00 a.m. - 9:00 p.m., CT
Saturday 9:00 a.m. - 2:00 p.m., CT

Wendover Financial Services Corporation (800) 934-1081 or (800) 436-1022

Wilshire Credit Corporation (888) 502-0100
P.O. Box 8517
Portland, OR 97207-8517
From 6 a.m. to 5 p.m. (Pacific time) Monday through Friday

---Barbara Adams, REALTOR
VacaDixonHomes.com