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....
by countyproperties | Dec 27, 2012 | Current Affairs
History of New Year’s Eve New Year’s Eve is December 31 of every year. It is celebrated in countries that use the Gregorian calendar with the United States, Australia, British Isles, North & South America, Europe, Scandinavia and (the former) Soviet...
by countyproperties | Dec 27, 2012 | San Diego Foreclosure news
November 2012 California foreclosure inventory—the total of Preforeclosures, properties in foreclosure that are Scheduled for Sale, and Bank Owned properties (REO)—fell 7.6 percent from the prior month and is down 31.8 percent compared to last year. While the November...
by countyproperties | Dec 27, 2012 | Real Estate news
TransUnion released its annual forecasts on mortgage delinquency rates. The national mortgage loan delinquency rate (the ratio of borrowers 60 or more days past due) is projected to decline to 5.06 percent by the end of 2013 from an estimated 5.32 percent at the...
by countyproperties | Dec 27, 2012 | Real Estate news
California’s median price continued to register double-digit gains from year-ago levels and strong sales of higher-priced homes led to a year-over-year increase in sales in California during November, the CALIFORNIA ASSOCIATION OF REALTORS® reported this week.The...
by countyproperties | Dec 9, 2012 | Current Affairs
December 9 & 16 41st Annual San Diego Bay Parade of Lights This event features a large fleet of private craft decorated and illuminated for the holidays. The boat parade will travel a 7-mile route from Shelter Island to Coronado. This is a free event. ...
by countyproperties | Dec 9, 2012 | San Diego Foreclosure news, San Diego Short Sales
One of the federal government’s most-important financial relief efforts for underwater homeowners started operating Nov. 1. Making sense of the story Traditionally short sales, where the lender agrees to accept less than the full amount owed and the house is sold to a...