| |  | Homes & Properties For Sale In Sonoma County - West Sonoma County Wine Country - Sebastopol, Forestville, Guerneville, Santa Rosa & the Russian River
Here's your link to all the listings of this Prudential California Realty office (click here) Prudential Listings and all Sonoma County Homes For Sale (click here) All Sonoma Cty Homes or MLS listings in the North Bay Area (click here) Search Homes.
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| Prudential California Realty
Santa Rosa, Sebastopol, Forestville, Graton,
Occidental, Guerneville, Monte Rio, Cazadero
Specializing in West Sonoma County Communities -
Forestville, Graton, Guerneville, Occidental, Monte Rio,
Cazadero, Jenner, Bodega Bay, Timber Cove
realestate@prudentialsonoma.com
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Feature Properties
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SELLERS!
If you're planning to sell your home in the next few months, this FREE service is designed to help establish your home's current market value. Simply choose Free Home Pricing and fill out the requested information. We will use comparable "sold" listings to calculate the fair market value of your home. Also, be sure to visit our Market Comments to view other valuable information and Real Estate News for today's latest real estate news from a variety of publications!
SHORT SALE
If you have encountered a hardship situation where you need to sell your home, however you believe that you have more debt against your home (little or no equity) than the current market value might be, you may think your only option is to lose your home to foreclosure. PLEASE contact us before you let this happen. Our Agents can discuss the pros and cons of Foreclosure versus a SHORT SALE.
BREAKING NEWS--05/15/2009 -The Obama administration announced new details under its Foreclosure Alternatives Program (FAP) enabling servicers and borrowers to pursue short sales in cases where the borrower is generally eligible for a Making Home Affordable modification but does not qualify or is unable to successfully complete the three month trial period. The program, effective through 2012, requires that prior to proceeding with a foreclosure, servicers must determine if a short sale is appropriate.
In the Short Sale Agreement, servicers must give borrowers/homeowners at least 90 days to market and sell the property, or up to one year, depending on market conditions. The property also must be listed with a licensed real estate professional with experience in the neighborhood, and no foreclosure may take place during the marketing period, of at least 90 days, as specified in the Short Sale Agreement.
It is also critically important that you consult with an accountant, tax advisor and your lender before making ANY decision regarding whether a Short Sale is an appropriate method for selling your home.
A SHORT SALE is a transaction in which lenders agree to accept a payoff which is less than the full amount of the borrower's debt. How might this help you?
1) Credit Protection- surprisingly enough, a Short Sale may not reflect as poorly on an individuals credit report as a Foreclosure. In some cases, the lending institution will show the loan as "settled". A "settled" loan does show up on a credit report as a negative mark and will reduce an individuals credit rating but often not to the degree that a Foreclosure does. Some lenders may not reject an individual's application on the basis of a credit report indicating the applicant had "settled" a loan.
Under Fannie Mae Foreclosure guidelines (without extenuating circunstance) you will not be eligible to buy another home for 5 years. In addition a Foreclosure will stay on your credit report for 10 years and is generally considered harmful to one's overall credit rating.
Under Fannie Mae Short Sale quidelines, you will likely be able to buy another home in 2 years insteat of 5 years. In addition, if your credit report does not reflect a 60 day+ late pay, under Fannie Mae guidelines, you may be eligible to buy another home immediately.
2) Tax Relief- As a result of the Mortgage Forgiveness Debt Relief Act of 2007 the Act allows for the exclusion of income realized as a result of modification of the terms of the mortgage on you principal residence.
Please call and make an appointment with one of our Agents to learn how we can help!
BUYERS!
Automatically receive personalized MLS listings by email. Early each morning we search the local MLS and find the homes that match your criteria and notify you immediately with the latest listing information! Simply choose [Dream Home Finder] and fill in the requested information. Or, search for yourself at Search Homes.
Our History...
Prudential California Realty has been #1 in West Sonoma County Sales every year since 1994... averaging 35% of the market share for the Russian River Valley. What does working with the #1 Real Estate office mean for you? If you're a SELLER... more advertising, more buyers and probably the highest possible price for your home. If you are a BUYER... access to a greater variety of properties than any other real estate office can provide, first-alert notice of upcoming listings and, of course, the best agents in the business.
Our Office and Staff...
Conveniently located in the heart of Guerneville, our office is fully equipped with state-of-the-art computer and communication systems... with instant access to all the Multiple Listing Services, public records search services and many other helpful tools that our agents utilize to better serve you.
We also have full-time staff in the office answering your calls and ready to accommodate all your needs. They'll help coordinate meetings, set schedules, respond to your requests when your agent is not available and are your personal couriers to ensure the timely processing and delivery of all your documents. | |
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