Foreclosure Filings Fall To 49-Month Low

Annual Foreclosure Change, Top 10 States, December 2011

Foreclosure filings are fewer these days, according to foreclosure-tracking firm RealtyTrac. As a mortgage lender in Sacramento, and living in a state that has been hit hard by massive equity losses, this news is promising.

In December 2011, the number of foreclosure filings nationwide fell 9 percent from the month prior. Not since November 2007 has foreclosure activity been this sparse across the country.

The drop does not appear to be seasonal, either. Continue reading “Foreclosure Filings Fall To 49-Month Low”

You are Probably Paying Too Much in Property Taxes!

“You can’t fight City Hall” has been part of our vernacular for years. Basically, it is an admission that you have no power to make change, or fix something you feel is unjust and needs correcting. Trust me, I am in the mortgage business and understand this feeling of helplessness all too well.

Continue reading “You are Probably Paying Too Much in Property Taxes!”