Hayes Realty Group

John J Hayes Always stay on "PAR" with your real estate needs Serving Sacramento, Folsom, El Dorado Hills, El Dorado County      Tuesday December 12th, 2017

Contact John 530-306-3316

Fixing Credit After A Folsom- El Dorado Hills Short Sale Step 9: Rinse & Repeat

said June 10th, 2014 Leave A Comment John Hayes

John Hayes Folsom, CA Real Estate

Folsom-El Dorado Hills CA – If you have a foreclosure or short sale on your credit report, then it will lower your credit score quickly. In the near term, the decrease will be much more than it will be a few months down the road when it starts to inch its way back up. The credit reporting bureaus weigh the most recent activity more heavily than the distant past. Taking action now to build up the most recent activity is a great...Read More

Fixing Credit After A El Dorado Hills Short Sale Step 4: Writing The Credit Bureaus

said June 3rd, 2014 Leave A Comment John Hayes

John Hayes Folsom, CA Real Estate

El Dorado Hills CA – Using your work on the credit report, you are ready to take action. You are now going to write a letter to the credit bureaus about the items you’ve highlighted and noted. You are writing to the credit bureaus because they are the ones reporting the information – it is up to them to change what they report. The goal is to get bad things deleted from your credit report in order to improve your score. Do not...Read More

Fixing Credit After A Folsom- El Dorado Hills Short Sale Step 3: Rank Items In Order Of Importance

said June 3rd, 2014 Leave A Comment John Hayes

Folsom-El Dorado Hills CA – The next step in going over your credit reports is to really rank the items being reported about you to find ones that are the most negative. Rank the negative items with the MOST negative ones given the lowest ranking. You want to rank the ones that will cause the most damage to your credit score. Here are the most damaging items (in order of damage amount): bankruptcy; foreclosure; repossession; loan default; court judgment; accounts in collections;...Read More

Fixing Credit After A El Dorado Hills Short Sale Step 2: Analyzing Your Credit Report

said June 3rd, 2014 Leave A Comment John Hayes

John Hayes Folsom, CA Real Estate

El Dorado Hills CA – Once you have gotten your credit report, the next step in the process of restoring your credit score is to go over it with a critical eye. Analyze what the report says. Put aside any emotion that looking at the report might stir up – you need to look at it objectively. First, make two copies of your credit report. Save the original without any marks on it. You can make any notes you need on one...Read More

The First Step To Fixing Your Credit After A Folsom-El Dorado Hills Short Sale

said June 1st, 2014 Leave A Comment John Hayes

John Hayes Folsom, CA Real Estate

Folsom-El Dorado Hills CA – One of the common reasons that people are concerned about a foreclosure or short sale in their history is because they are concerned about their credit score. While it’s true that your credit score will be adversely affected by these items, it is also true that you can move past blemishes on a credit report. You may want to consider doing some credit repair or credit restoration. It isn’t hard to do, and when taken step by...Read More

3145 Brindley Way, Rancho Cordova, CA 95670

said May 21st, 2014 Leave A Comment John Hayes

John Hayes Folsom, CA Real Estate

Super Clean...1870 sqft 3 Bed 2.5 Bath Home Has a Lot To Offer. Large Tandem Garage..Low Maintenance...Large Open Kitchen..Large Master Bed..Pre-wired Surround Sound..Corner lot..Close To Shopping..Restaurants..Freeway..Low Maintenance..Perfect Home For First Time Home Buyer Or Those Busy Professionals! Click Here To View More Pictures Thanks for reading this, John J Hayes. John J is a Real Estate Agent at RE/MAX Gold. Phone: 530-306-3316. [email protected] "Hard Work and Dedication" View My homes for sale at www.johnhayesrealestate.com/home-search. John Hayes specializes in loan modification assistance and short sales in El...Read More

El Dorado Hills Short Sales: Why Is Everyone So Negative About The Housing Market?

said May 14th, 2014 Leave A Comment John Hayes

John Hayes Folsom, CA Real Estate

El Dorado Hills CA – The tax credit expired and everyone turned negative on the housing marketing. One so called expert said we could see headlines about the real estate market crashing again. Another said that the housing market is going to continue it's decline for another years or two. He referenced an article that showed that mortgage applications dropped by 9.5 percent the first week after the tax credit expired. I don't want to apply for the job of "Amateur Economist." Here...Read More

Folsom-El Dorado Hills Short Sales: How Do You Handle Multiple Offers?

said May 12th, 2014 Leave A Comment John Hayes

John Hayes Folsom, CA Real Estate

Folsom-El Dorado Hills CA – The Stop Foreclosure Institute recently received a question from another agent. Here was her question. "I have a short sale listed. At what time in the short sale process do you stop accepting additional offers for submittal to the lender? If you accept another offer after you've already submitted one to the lender, does it reset your timeline to the beginning? Do you just put them in backup position? What about the poor buyer whose offer...Read More

El Dorado Hills Short Sales: Will My Lender Set The Price For My Home?

said May 7th, 2014 Leave A Comment John Hayes

John Hayes Folsom, CA Real Estate

El Dorado Hills CA – The Stop foreclosure Institute recently received a question from Steve about short sales. Here was Steve’s Question. “I am interested in a short sale. I just have a few questions about how the process works. Does my lender set the price for the property. And, will that price include the realtor fee? Sincerely, Steve.” Here was our answer. Steve, in most cases the lender will not set the asking price for your home. In most cases,...Read More

El Dorado Hills Short Sales: My Ex Is Short Selling. What Can I Do?

said May 7th, 2014 Leave A Comment John Hayes

El Dorado Hills CA – The Stop Foreclosure Institute recently received a question from Tom about short sales. Here was Tom’s Question. “My Ex-wife decided to Short Sell our former house. Unfortunately we both signed the mortgage when we bought the house together. I think that means I am still liable for the debt. She got the home after the divorce. The court gave her the home in the divorce. The market has declined and the house is worth about 120k less...Read More