by countyproperties | Jul 22, 2011 | Current Affairs, Finance, Latest News, Riverside Short Sales, San Diego Short Sales, Short Sales
Governor Jerry Brown signed into law today a C.A.R.-sponsored bill, Senate Bill 458, prohibiting a deficiency after a short sale for one-to-four residential units, regardless of whether the lender is a senior or junior lienholder. Effective immediately for...
by countyproperties | Jul 22, 2011 | Current Affairs, Latest News, New Homes
The size of homes is dropping from the peak of 2,520 square feet in 2007. This year homes will average 2,327 and are expected to drop to 2,152 in 2015. That is also good news for the storage companies, because downsizers will never throw everything away. (Do any of...
by countyproperties | Jul 22, 2011 | Current Affairs, Latest News, New Homes
The U.S. Census Bureau and the Department of Housing and Urban Development jointly announced the following new residential construction statistics for June 2011: BUILDING PERMITS Privately-owned housing units authorized by building permits in June were at a seasonally...
by countyproperties | Jul 22, 2011 | Current Affairs, Latest News
A federal court has temporarily halted a telemarketing operation that targeted consumers trying to sell their timeshare properties. The defendants allegedly charged consumers thousands of dollars, falsely claiming they had buyers lined up for sales that supposedly...
by countyproperties | Jul 22, 2011 | Current Affairs, Finance, Latest News
What Does it Mean to Escrow Property Taxes? Escrowing your property taxes is a simple concept and useful tool for many property owners. When you escrow your property taxes, your lending company will assess you an extra amount over and above your mortgage payment each...
by countyproperties | Jul 14, 2011 | Current Affairs, Finance, Latest News
In anticipation of the expiration of current loan limits on Sept. 30, 2011, Bank of America has stopped accepting conventional and government applications for loan amounts that will exceed the permanent loan amounts. The deadline to submit loan applications was July...
