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That's right. California dominated the list claiming 7 out of 10 spots. This means that "now" is the time to jump into the California market which for so long was "untouchable" because of sky high prices. Check out the entire report here:

http://www.inman.com/reports/10-markets-invest/index.html#continueintro

Last week, Gov. Jerry Brown, signed Senate Bill 458 into law. What does this new law mean to distressed homeowners in California? One word: Relief. Earlier this year SB 931 was passed barring first lien holders from pursuing a deficiency judgments when a homeowner completes a short sale. However, it didin't address second liens at all. Leaving many homeowners hanging.

"The signing of this bill is a victory for California homeowners who have been forced to short sell their home...

A program designed to help homeowners avoid foreclosure and provide a graceful exit is now in effect. The Home Affordable Foreclosure Alternatives program allows home owners to sell their house for less than they owe and still be able to walk away debt free. The federal government will pay banks $1,500 and owners $3,000 to relocate when they sell a home below mortgage value. Who do you know that could benefit from this program? We provide free consultations to explain how the program works...

(Sacramento and Placer County) - The Home Buyer Class addresses how to take advantage of Sacramento & Roseville's rapidly changing real estate market. Learn the secrets of buying a HUD home from a HUD local listing broker. You will receive clear, practical information you can use now in today's market.

This class is in a information-packed 30 minute format and will be held at the South Natomas Community Center. Whether you presently own a home of this is your first time, you will...

The US Treasury Department has approved this two billion dollar program to help keep California homeowners is their homes. The program is now available and lenders throughout California are signing on to participate. The goal of the program is to help low and moderate income homeowners retain their homes if they either have suffered a financial hardship such as unemployment, have experienced a change in household circumstance such as death, illness or disability, or are subject to a recent...

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