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By Phone: 707-251-0225

By Fax: 707-251-0224

By Mail: Skip Keyser Realty, Inc., 1434 Third Street, Suite E, Napa CA 94559

In Person: We're located on the north-east corner of Third Street and School Street, at 1434 Third Street, Suite E, Napa CA 94559

How to Find Us: From Highway 29 take the First Street off-ramp east bound. This will put you on Second Street. Continue east on Second Street about 5/8 mile until you get to School Street. Turn right on School Street and you should see our office at the end of the block.

From Soscol Avenue, take Third Street west bound. We're located about 3/8 mile west of the Soscol Avenue and Third Street intersection.

Our office hours are 9:00 am to Noon and 1:00 pm to 4:00 pm, Monday through Friday, holidays excepted.

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Full Service Property Management Co. serving Napa & Solano Counties


Blog

Welcome to the Skip Keyser Realty Inc. blog.  We will post local current events and our experiences in the real estate and property management field that affects Napa Valley and the surrounding areas.  We will post your comments provided they are appropriate to the topic at hand.

BANK OF AMERICA HALTS FORECLOSURE PROCEEDINGS IN CALIFORNIA
October 15, 2010 10:21AM
by: Irenee Ramirez
Category(s): (none)
A Bank of America official testified that she signed up to 8,000 foreclosure documents a month, many without being verified. (more)

A Bank of America official testified that she signed up to 8,000 foreclosure documents a month, many without being verified. This lead B of A to halt foreclosure proceedings in all 50 states this month while it verifies proper procedures are in place and being followed in foreclosure actions.

 

California to join multistate inquiry of foreclosures by banks

In late September and early October several major lending institutions began voluntarily halting foreclosures in select states while they reviewed their foreclosure processes. This action is in response to findings that questioned whether some lenders/servicers were following the correct procedures to foreclose on a property.

KEEP THIS IN MIND

To date, Bank of America is the only lender that has extended its foreclosure moratorium to California, where the vast majority of foreclosures are conducted without a court order.

Non-judicial foreclosures in California, however, do have legal requirements that lenders must follow. For example, California law requires that lenders for certain mortgage loans made between Jan. 1, 2003, and Dec. 31, 2007, attempt to make contact with borrowers to discuss options for avoiding foreclosure at least 30 days before filing a notice of default. Lenders also must sign a declaration in the notice of default stating that they tried to contact the borrower, made contact with the borrower, or fall within an exception (such as a bankruptcy filing).

This halting of foreclosures is a voluntary action taken on the part of these lenders/servicers and has not been mandated by either the states or the federal government. The participating lenders and servicers believe their internal review processes should take anywhere from a few weeks to 30 days to complete.

It is important to note that Bank of America is temporarily suspending foreclosure sales, but not necessarily halting its actions during other stages of the foreclosure process.

Read the full story:

http://www.latimes.com/business/realestate/la-fi-foreclosure-20101013,0,6850348.story