Spring 2017 – Buying A Home? Be Prepared Fo Bidding Wars
Spring 2017 – Buying A Home? Be Prepared Fo Bidding Wars. Traditionally, spring is the busiest season for real estate. Buyers come out in force and homeowners list their houses for sale hoping to capitalize on buyer activity.
Buy A Home Now With Less Than 20% Down Payment
There are two major misconceptions that we want to address today.
Soaring Consumer Confidence for Economy and Housing
The success of the housing market is strongly tied to the consumer’s confidence in the overall economy. For that reason, we believe 2017 will be a great year for real estate. Here is just a touch of the news coverage on the subject.
California Home Prices Up 6.6% Last Quarter
California Home Prices Up 6.6% Last Quarter. California outpaced national home price increase of 6.15%.
California Foreclosure Sales Up In May
Foreclosure activity in May was marked by lenders being impacted by local market conditions rather than any national trend, according to ForeclosureRadar’s May 2012 Foreclosure Report. The report examined all foreclosure activity-sales, starts, and timelines-for...
California: The Homeowner Bill of Rights SB 1473 and AB 2610
Attorney General Kamala Harris’ “Homeowner Bill of Rights” continues to work through the California Legislature as two more bills pass, the Office of the Attorney General announced Thursday. AB 2610 and SB 1473 will require buyers of foreclosed homes to allow tenants...
Credit Scores and Short Sales…The Truth?
Mortgage match-up: “Foreclosure vs. short sale on your credit report.” It’s been a while since I’ve come up with a mortgage match-up, but there’s been a lot of fuss about short sales and credit scores lately, so I wanted to add my two cents. I already touched upon how...
Short Sales to Surpass Foreclosure Sales…Lenders Approving Aggressively Priced Short Sales
This is wonderful news for homeowners! Finally, the banks are getting it....Foreclosures hurt everyone! Short Sales help the Seller, the neighborhood and the city! Great Read ..... Short sales of U.S. homes rose to a three-year high in the first...
Owe IRS Taxes? IRS Lowers Restrictions for Offer In Compromise (OIC)
Check this out...IRS is easing there "Offer in Compromise" terms to reflect actually current hardships of taxpayers that owe past due taxes. Please read... The Internal Revenue Service has expanded its “Fresh Start” campaign by...
California NOD Filings Down to 2007 Levels First Half of 2012
California may have some rough patches in it, but overall, with the worst part of the housing crises appearing to be over, the state is seeing fewer delinquencies and losing a smaller number of homes to foreclosure, according to a San Diego-based real estate data...
JP Morgan Chase Leading with Successful Short Sale Processing
JPMorgan Chase completed short sales on 61% of its delinquent mortgage liquidations in 2011, the most of any servicer, according to data compiled by the bank's securities research group. JPMorgan Chase completed short sales on 61% of its delinquent mortgage...
Why We Don’t Want the Sellers Present When Showing A Short Sale Home
It’s the dreaded question real estate agents fear when speaking to the seller. “May I be present at the open house or showing?” At this point, most agents will pause, take a deep breath and think of all the reasons why this is the worst idea possible. Having the...
Fannie and Freddie Accelerating Short Sale Approvals
We appreciate that the US Government now owns over 50% of our homes in the US through Freddie and Fannie and the fact that they are getting on board with their own initiatives of accelerating short sales or get fined! Any how you slice it...this is good news! Thanks...