California Home Prices Up 6.6% Last Quarter
Some Highlights from FHFA Report:
- California outpaced national home price increase of 6.15%.
- The Federal Housing Finance Agency (FHFA) recently released their latest Quarterly Home Price Index report.
- In the report, home prices are compared both regionally and by state.
- Based on the latest numbers, if you plan on relocating to another state, waiting to move may end up costing you more!
- Alaska, Delaware, West Virginia & Wyoming were the only states where home prices are lower than they were last year.
Harvard: 5 Events That Must Happen For Housing To Recover
Interesting article from Rick Newman with Yahoo Finance. We have a long road to hoe before the US housing market will see a true recovery.
Merry Christmas…Happy Foreclosure…
I can't believe it's been 7 years this December. October always brings back memories...because that's when we realized there was no way we were going to come up with the money the mortgage company wanted to stop a foreclosure sale. Wow, was that an emotional holiday...
You Lease The Home of Your Dreams…Our Investor Buys
For families who want to rebuild, the Fresh Start Lease To Purchase (LTP) was designed to remove the largest single roadblock to regaining their dream home!
California AB 1393 Now Law
So what? This is fantastic news for struggling homeowners that are now free and clear of getting slapped with additional taxes for completing a short sale…yes…that “shortage” of what you owed and what was actually paid…is taxable income!
AB 1393 Provides Mortgage Debt Forgiveness for California
Passing California Assembly June 30, AB 1393 provides protections to California homeowners for debt incurred by a short sale. This bill mirrors the Mortgage Forgiveness Debt Relief Act of 2007 enacted by the Treasury for IRS ruling
HAMP Extended Through 2016
One of the best tools the government has given homeowners in trouble is this HAMP program…especially those Americans that needed to complete a short sale…HAMP’s HAFA program protects the homeowner in the short sale eliminating the recourse from mortgage companies.
This Is What’s Wrong With America
I am frustrated that we are the scape goats for backing federal mandated “gifts” to states to cover Congress’s struggles to meet “promised” money to fix “transit” problems.
Be careful what you wish for…cause it all rolls back to you and your pocket book.
Lease to Purchase Program
ot to often that we get excited about a new program. If you want to get into a home around the corner from your rental and just can't bear the thought of going through the rigorous lending and mortgage...
Mortgage -vs- Cash: What’s Best For You?
Most buyers are using some form of cash and mortgage to purchase a home.
Don’t wait until you have a Trustee Sale Date…Please call us!
If you see this post and know anyone, really, anyone, a family member, neighbor, co worker, anyone....that is having problems with making house payments have them contact us Now! We just received a call from a homeowner that was so distraught about a sale date set for...
BUY A HOME 1-DAY AFTER SHORT SALE, BANKRUPTCY or FORECLOSURE
Kris & Kim have $250,000,000.00 to buy homes for home buyers that want to buy a new home 1-day after a short sale, bankruptcy, foreclosure or deed-in-lieu. If you want to apply for your share of this money, contact Kris and Kim on their mobile 714.615.7605.
4 Steps to Purchasing a Home
The buying process can be overwhelming and intimidate even the most seasoned of buyers. Follow these 4 steps to success in purchasing a home
Altisource and OCWEN…Hmmm…All in the Family
Something fishy here…the majority shareholder in Altisource is also the Founder and Majority shareholder in OCWEN
Buyers…It’s Your Time To Buy…Homes Sales are at an 18 Month Low
One thing is always a sure thing…nothing is a sure thing!
April 2013…sellers pumped to ge their homes on the market and reap the return of the “sellers market”. April 2014…what? a 3rd bubble has burst…with home sales down at their lowest point in 1.5 years.
Increased Home Values are Not as They Appear
Thanks to Core Logic we can get a pretty clear picture of what is going on in our housing market.
Staggering…$120,000,000.00 Short Sale Located in Connecticut
The most expensive short sale ever
3 Home Buying Credit Myths
Myth #1: You need perfect credit to purchase a home.
Myth #2: Lenders have free rein in sharing your personal credit information.Myth #3: Lenders only use one scoring model that determines creditworthiness.
“The Great One” Selling His Thousand Oaks “Man”sion
Not often that I get excited about a home...this one is right in my comfort zone. Manly...yes! Hockey Hall of Famer Wayne Gretzky and his wife, actress Janet Jones, have fixed up their Thousand Oaks, CA mansion and are selling it for $10.5 million. Source: IMDb...