by countyproperties | Aug 27, 2011 | Finance, Latest News, Real Estate news, San Diego Real Estate
DearMr.Levine: Thank you for contacting me to express your concern regarding recently announced criteria for “qualified residential mortgages” (QRMs). I appreciate hearing your thoughts on this issue and apologize for the delay in my response. As you know,...
by countyproperties | Aug 27, 2011 | Latest News, Real Estate news
Foreclosure postings in the Dallas-Fort Worth area fell in July-September period to their lowest level in 11 quarters, a new report says. From July through Texas’ upcoming foreclosure auctions in September, 12,876 postings were filed on area homes, a 21% decline...
by countyproperties | Aug 27, 2011 | Latest News
From a very young age, I understood not just the importance of a freshly pressed outfit with price tags newly ripped from the seams, but the value of pencils sharpened like daggers and Lisa Frank notebooks ordered by beauty. I guess you could say that I was a bit of a...
by countyproperties | Aug 19, 2011 | Finance, Riverside Short Sales, San Diego Short Sales
Short sales – a real estate transaction in which the homeowner needs to sell the property, but owes more on the mortgage than the home currently is worth – continue to dominate the housing market, but these real estate transactions aren’t for everyone. Typically...
by countyproperties | Aug 19, 2011 | Finance, Real Estate news, Riverside Real Estate, San Diego Investment Properties, San Diego Real Estate
Home prices have taken such a beating and demand for rental units has increased so much that it’s now cheaper to buy a two-bedroom home than to rent one in most major U.S. cities. According to real estate web site Trulia, buying was cheaper than renting in 74%...
by countyproperties | Aug 19, 2011 | Finance, Real Estate news, San Diego Foreclosure news
HomeSteps, the real estate sales unit of Freddie Mac, is offering “Condo Cash,” a special limited time offer that will provide eligible condominium buyers with up to $1,500 for standard condominium association dues. HomeSteps’ Condo Cash is limited...
by countyproperties | Aug 19, 2011 | Finance, Real Estate news
Here are the IRS’s top 10 tax tips for home sellers: 1. In general, you are eligible to exclude the gain from income if you have owned and used your home as your main home for two years out of the five years prior to the date of its sale.”¨ 2. If you...
by countyproperties | Aug 19, 2011 | Going Green, Latest News
Rebates for ENERGY STAR® Appliances You may be eligible to receive rebates from your state or territory for the purchase of new ENERGY STAR qualified appliances. These rebates are being funded with $300 million from the American Recovery and Reinvestment...
by countyproperties | Aug 14, 2011 | County Properties in the media, Current Affairs, Real Estate news
Dear Mr. Levine: Thank you for contacting me to express your support for extending and reauthorizing the National Flood Insurance Program (NFIP). I appreciate hearing from you, and I share your support for this important initiative. As you may know, Congress...
by countyproperties | Aug 14, 2011 | Finance, San Diego Real Estate
Wells Fargo has announced a new program available for helping all buyers (no first time homebuyer requirement) with their down payment. Unlike most down payment assistance programs that charge interest or have a recapture tax associated with it, Wells Fargo’s...
by countyproperties | Aug 14, 2011 | Sports
At Chargers first pre-season game the military were invited to be honred active duty and diabled vets from the current war activities. I (Arnie Levine) brought my nephew Jace 12 years old, plays tackle football past 2 years. Currently for the AML with El Cajon...
by countyproperties | Aug 6, 2011 | Finance, Latest News
THE BUDGET CONTROL ACT IS NOW LAW, putting in place new caps on federal spending while providing an increase in the debt ceiling. The legislation marks the first time in history that spending cuts, totaling $900 billion in the first tranche alone, have been attached...
by countyproperties | Aug 6, 2011 | Finance, Latest News, Real Estate news
While it’s important to move the mortgage finance space away from Fannie Mae and Freddie Mac’s current dominance in the segment, mortgage finance professionals warned Senate Banking Committee members that a robust re-haul or elimination of the...
by countyproperties | Aug 6, 2011 | Finance, Latest News
Mortgage rates fell sharply this past week, hitting record lows, as bond yields declined and signs of a weakening economy dampened consumer sentiment further, according to Freddie Mac’s latest Primary Mortgage Market Survey. The 30-year, fixed-rate mortgage hit...
by countyproperties | Aug 5, 2011 | Latest News
Construction spending during June rose 0.2 percent to a seasonally adjusted annual rate of $772.3 billion compared with May, the U.S. Census Bureau of the Dept. of Commerce reported yesterday. However, the June figure is 4.7 percent below the June 2010 estimate of...
by countyproperties | Jul 29, 2011 | Latest News, San Diego Real Estate
The property taxes you pay are primarily based on your property’s assessed value as determined by the County Assessor. If you disagree with value established by the Assessor, you can appeal that value to the Assessment Appeals Board.The Assessment Appeals Board...
by countyproperties | Jul 29, 2011 | Current Affairs, Latest News
Check out these Free Summer Concerts inSan Diego ___________________________________________________________________________________________________________ California State Games Aug. 5-7 Get ready to watch high active...
by countyproperties | Jul 29, 2011 | Current Affairs, Finance, Latest News
The Conference Board Consumer Confidence Index®, which had declined in June, improved slightly in July. The Index now stands at 59.5 (1985=100), up from 57.6 in June. The Present Situation Index decreased to 35.7 from 36.6. The Expectations Index rose to...
by countyproperties | Jul 29, 2011 | Going Green, Latest News
An under-utilized program that has been in existence since 1995 can help home buyers save on their utility bills by letting them fold the cost of energy improvements into their mortgage. The program, Energy Efficient Mortgage, can be used by homeowners with both...
by countyproperties | Jul 28, 2011 | Latest News, Real Estate news, San Diego Real Estate
The clouds hanging over upscale vacation-home markets are starting to lift. While prices are still falling in most regions, the luxury segment is picking up, and brokers are reporting more inquiries than they have had in years. The upshot: If you have the money and...