by countyproperties | Oct 21, 2011 | Finance, Latest News, Real Estate news
The Senate voted 60-38 Thursday night to reinstall the elevated conforming loan limits on mortgages guaranteed by the government. The higher limits expired Sept. 30. Sens. Johnny Isakson (R-Ga.) and Robert Menendez (D-N.J.) introduced an amendment to H.R. 2112, a...
by countyproperties | Oct 16, 2011 | Latest News, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news, San Diego Real Estate, San Diego Short Sales
Chase_Incentive_Marketing_letterThe nation’s largest banks are luring a select number of San Diego County homeowners to complete short sales with the promise of cash, in some cases as much as $35,000 for each deal. These incentive offers, which require lenders...
by countyproperties | Oct 16, 2011 | Latest News, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news, San Diego Real Estate
Home values were down on a yearly basis in August, but showed relative stability in the near term, according to indices that track home values nationwide. Home values fell 4.5 percent year over year in August, to $172,600, and remained essentially flat compared to...
by countyproperties | Oct 16, 2011 | Latest News, Real Estate news, San Diego Foreclosure news, San Diego Short Sales
The number of Americans struggling to make their mortgage payments is at traditional highs, while properties remain at high levels of negative equity. Popular strategies for helping distressed borrowers include mortgage modification and refinancing, to name a few. But...
by countyproperties | Oct 16, 2011 | Latest News, Real Estate news
International buyers of residential properties are an increasing presence in U.S. markets, according to numerous reports. They’re a big driver in a slightly revived luxury market across the country, according to Barron’s. Although Russians, Indians and...