Darnell Horton is a father of two and a forklift operator at a lumber yard. Two years ago, he and his wife bought a home in the College Park suburb of Atlanta. The family could be facing foreclosure as early as next month. (Sept. 30)
CALIFORNIA FORECLOSURE REAL ESTATE MARKET CONDITIONS First thing first – we need to get ride of the HVCC. If you’re in the real estate game you know – this is a problem. Do something about it and sign the petition – Help get rid of HVCC at: www.HVCCPetition.com . A quick video on what’s been going on with the market. I’m a firm believer on looking at numbers and ALOT of numbers. If you can read the charts – you can block out the noise from the media and make an educated guesstimate on which way the market may go. With the backlash of Senate Bill 1137 we saw another record fillings of NOD’s in California. In my previous video (http I made in Jan. I spoke about what may happen. I stated we may see a huge drop in price in May, June, July… or something to that tune. Well… we just saw another moratorium pass – I am behind the 8 ball on this… I just finished the first 3 pages only… you can read the actual draft here… www.corp.ca.gov With record NOD fillings and high unemployment rate – can the market soak up all of the inventory that is about to hit the market? Only time will tell… One last thing… A pending Senate Bill 94 will kill the loan modification companies… I’ll post a video on my take later on this week. Jeff Coga The Short Sale Samurai
Legislative Summit in Olympia, Washington on foreclosure solutions. This segment features Geoff Walsh of the National Consumer Law Center speaking about foreclosure prevention and mediation programs across the nation
www.LoanSafe.org Take Back the Land- Rochester engages in an eviction defense of the Lennon-Griffin family home. Rochester, NY sends 25 police cars, including the SWAT team, to execute the eviction. 6 Take Back the Land- Rochester members are arrested, as is an elderly neighbor who dared complain about the police overkill
