I may have helped this become a reality
Of my many complaints about adverse changes in the real estate industry, my number one complaint has been buyers being forced by banks to use No Name Escrow companies. These (bank (REO) chosen) escrow companies were often far away, usually in S. California and they provided terrible service and delayed escrows. So, I was shocked and angered when CAR, our Realtor organization, issued a “red alert” opposing bill AB 957, which gives the buyer the right to choose escrow. I couldn’t believe it. Read the rest of this entry »
In the past two years, most experienced real estate agents avoided “Short Sales“, on both sides of the transaction (seller and buyer). Why? It’s because they rarely had an escrow close successfully. Read the rest of this entry »
California’s 90-day foreclosure moratorium law went into effect yesterday, June 15, as the California Foreclosure Prevention Act, passed and signed in February, makes loan servicers prove to the state they have comprehensive loan modification programs in place – or be denied rights to foreclose on their own schedules. Read the rest of this entry »
