by countyproperties | May 22, 2010 | Finance, Latest News, Real Estate news, Riverside foreclosure news, Riverside Real Estate, Riverside Short Sales, San Diego Foreclosure news, San Diego Real Estate, San Diego Short Sales
Currently, if a homeowner defaults on a mortgage used to purchase his or her home — known as a “purchase money mortgage” — the homeowner’s liability on the mortgage is limited to the property itself. Unfortunately, the original law did not extend...
by countyproperties | May 22, 2010 | Finance, Latest News, Riverside foreclosure news, Riverside Real Estate, Riverside Short Sales, San Diego Foreclosure news, San Diego Real Estate, San Diego Short Sales
MORTGAGE HELP: To complete the program, borrowers have to make at least 3 payments on time and show much documentation. The number of homeowners dropping out of the Obama administration’s main mortgage assistance plan is growing, and is now almost equal to the...
by countyproperties | May 15, 2010 | Finance, Real Estate news, Riverside Real Estate, San Diego Real Estate
Closing Cost Assistance and Appliance Incentive for Fannie Mae Homes Fannie Mae is offering a 3.5% incentive* for buyers who purchase and close on a Fannie Mae-owned home by June 30, 2010. Buyers purchasing properties listed on this site that are closed within this...
by countyproperties | May 7, 2010 | Real Estate news, Riverside Real Estate, San Diego Real Estate
HOMEOWNERS with secure jobs and no immediate plans to move will often watch mortgage rates anyway, just in case they have the opportunity to refinance their loans. But few of them will regularly bother to check housing sales or foreclosures, which could also affect...
by countyproperties | May 7, 2010 | Real Estate news, Riverside foreclosure news, Riverside Real Estate, San Diego Foreclosure news, San Diego Investment Properties, San Diego Real Estate
Many buyers, especially first-timers, hope to purchase a foreclosed property at a bargain price. While purchasing a foreclosed home can be a wise choice for some buyers, it is important that buyers understand the differences in buying at different stages of...
by countyproperties | May 7, 2010 | Finance, Real Estate news, Riverside Real Estate, San Diego Real Estate
As the federal homebuyer tax credit ends , a CA state homebuyer tax credit begins. The homebuyer tax credit signed into law in March by Gov. Arnold Schwarzenegger is available effective today. Assembly Bill 183 established a tax credit of $10,000 or 5 percent of the...