by countyproperties | Jan 13, 2013 | Real Estate news, San Diego Investment Properties, San Diego Real Estate
After hitting a low of $6.45 trillion in the final quarter of 2011, Americans’ combined home equity jumped 20% during the next nine months to $7.71 trillion. With all the nail biting over fiscal policy and the economy in the closing weeks of 2012, you might have...
by countyproperties | Jan 13, 2013 | Finance, San Diego Foreclosure news, San Diego Short Sales
In the beginning of January 2013, Congress reached an agreement in the “fiscal cliff” negotiations, and President Obama signed the American Taxpayers Relief Act into law last Wednesday. C.A.R. would like to recognize and thank the tens of thousands of C.A.R. members...
by countyproperties | Jan 13, 2013 | loan modification, San Diego Short Sales
Homeowners having trouble paying their mortgage are often required to write a hardship letter when applying for a loan modification. Such a letter is a requirement for modification applications under the government’s Making Home Affordable program. A hardship letter...
by countyproperties | Jan 13, 2013 | Finance, San Diego Foreclosure news
Ten mortgage servicing companies subject to enforcement actions for deficient practices in mortgage loan servicing and foreclosure processing have reached an agreement in principle with the Office of the Comptroller of the Currency (OCC) and the Federal Reserve Board...
by countyproperties | Jan 13, 2013 | Finance, Luxury Homes
Luxury real estate surged in 2012. Nationally, the number of home sales priced at $1 million or more hit a four-year high in the first nine months of 2012, according to DataQuick MDA, and jumbo mortgages are up about 23%, according to the Wall Street Journal....
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