We’re Influencing California State Legislation and Housing Affordability
It’s all about housing affordability in California. We along with 2,498 fellow REALTORS® ascended upon our state capital, to discuss our clients needs to improve the home buying and selling landscape for all our neighborhoods. It get’s down to affordability.
The Citrus Valley Association of REALTORS® Senior Staff, Committee representatives along with a few local, hand picked REALTORS® headed the legislative and lobbying initiative to the steps of our states capital. We were blessed to be chosen as your local representatives.
As it stands, California requires 180,000 new home starts per year to manage supply and demand. Today, we have less than 90,000 starts scheduled. This is one of our primary concerns on our push for legislation.
The high cost to a builder in California hit home for us in Upland, Claremont, Pomona, Glendora and surrounding neighborhoods. What was revealed is the builders fees of upwards of $120,000.00 “per door” before a shovel hits the ground. These fees are associated with exorbitant legislative regulations imposed on new home builders. This bureaucracy is out of control.
Riverside Press Enterprise Editor, Richard K. De Atley wrote of this concern in a recent article Are Inland Empire residents locked out of the housing market? This article asserts the concerns that we hear from our buyers daily as their REALTORS®… “homes are too expensive”, “we don’t qualify with our combined income” and “where are the new builds?”. We asserted your concerns with our legislators and pleaded the realities of the housing affordability crisis.
The bills that reach The Governors Desk for signature begin with your needs in our neighborhoods. We are currently in the planning process of bringing local housing affordability initiatives to our valley’s Senators and Assembly persons.
We need you to assist us in influencing these future referendums, please contact us directly @ (909)985-9392.
Short Sale or Twilight Zone Episode? Bank of America only knows…
I was really hoping that I had a nightmare last night, but after opening my emails this morning….It really happened! Yesterday was a perplexing day in our world of Short Sales. The call we received from a family in the midst of a Chapter 7 Bankruptcy was not uncommon....
Thank You! We're blessed to have ALL the clients!
Choosing A Real Estate Agent, Once You Decide To Short Sale Your Home…
If you have made the decision to do a short sale, there is another tough decision to make. Representation. Who are you going to use to represent you in the sale of the home, negotiate, and do whatever it takes to close the sale (within legal parameters, of course). In...
Great incentive for buyers-tax credit works like interest-free loan
If your a buyer and have been waiting for the right time this little gem might be the reason to sign on the dotted line! By Kenneth R. Harney, Washington Post Writers Group - L.A. Times WASHINGTON -- Anyone who's been sitting on the sidelines hesitant to jump into the...
Housing Act of 2008…A Very Brief Description
For those who don’t have enough time to muddle through the recent Housing Act
The new and improved…Countrywide Short Sale process…Please!
After being transferred more than 9 times to the same 3 departments, finally someone who seems to be able to answer my questions! I must say, I was jumping out of my seat with joy when the fellow at the other end of the line Countrywide guy told me that Countrywide...
Short Sale Myths….Fact or Fiction? #4
Here's a question that is asked at least one time a day, and with good cause: Q:How do you get paid? (the real estate agent) A: The bank (your lender) will pay commissions along with all the other usual closing costs. That's important for you to know. When your in...
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If your a home owner and can't make the Payments READ THIS…SB1137
If you have purchased a home in California during the time period of 2003-2007 California State Bill 1137 and are in danger of loosing your home you will want to understand this new law. Effective on or around September 8th mortgage lenders doing business in...
Short Sale Myths….Fact or Fiction? #1
We are offering this series as a guide to help you overcome the myths as they relate to the Short Sale process of selling your property. Question: How many months late do I have to be on my mortgage to qualify for a short sale? Answer: You don’t have to be late at...
Urgent Short Sale Myth Breaker…..!!!!!
No Qualifying Needed to Short Sale! If you can't make the Payments you can sell your home using a Short Sale. We received a call from one of our “bloggers” asking us what they need to qualify to Short Sale their property. Within a few seconds of speaking with this...
Short Sale Myths….Fact or Fiction? #2
There are so many myths about short sales. Here's a very common question with an answer that will probably surprise you: #2 Q: I just missed a payment and I know I will miss more...how long does the foreclosure process take and is there time to do a short sale? A: The...
Short Sale Myths….Fact or Fiction? #3
It's amazing when we talk to sellers about the dynamics of a Short Sale and learn that the information that was given by real estate professionals that proclaim to be knowledgeable in dealing with Short Sales. Let's start with one of our most asked questions: #1 Q: I...
Do you hate your mortgage broker?
An agent from Chicago is firing back at the mortgage industry. Sweet revenge? www.IHateMortgageBrokers.com
The Hope for Homeowners Act of 2008…Who qualifies? Will it help me?
Questions and answers about the Hope for Homeowners Act of 2008, passed by Congress last weekend to try to steer as many as 400,000 struggling homeowners away from foreclosure:
Buyers of Short Sale Homes Are Getting Great Value for their Patients and Holding Power!
Short Sales…those two words hold more mystery and intrigue than the best Bond movies! No matter if you’re the buyer or the seller there’s a lot going on behind the scenes while waiting on the banks to respond to the “offer.” Kris and I specialize in listing these...
IndyMac…Short Sale Approval!…No Not Really, Well, Ok But…It's Gonna Cost You!
Not that you want an education on Short Sales, I know to some people it's like speaking a foreign language. I'll try not to bore you, but just a little insight that will hopefully help you to understand just how amazingly Crazy this day has been. Often during the...
These Banks are IN DANGER of FAILING…They are facing the same demise as INDYMAC.
These banks are in danger of government takeover just like IndyMac.