by countyproperties | Sep 23, 2011 | Finance, Latest News, Real Estate news
The Federal Reserve’s plan to reinvest principal payments on some bonds into mortgage-backed securities is already contributing to the nation’s record low mortgage interest rates, Bankrate said Thursday. Bankrate said the Federal Open Market Committee...
by countyproperties | Sep 17, 2011 | Finance, Real Estate news, San Diego Real Estate
Now is the perfect time to buy! The California Housing Fund Platinum Program is offering: 3 percent grant for homebuyers to use for closing costs, down payment or pre-paid loan expenses. Grant does not have to be repaid, and there is no restriction in turning the home...
by countyproperties | Sep 10, 2011 | Finance, Latest News, Real Estate news, San Diego Real Estate
When income is freelanceor self employedthese are the challenges to overcome. After the financial market downturn in 2008, getting approved for a mortgage loan became even more difficult. Combine that with the fledgling economy, which left many people turning to...
by countyproperties | Sep 10, 2011 | Finance, Latest News, Real Estate news
Sept. 1 – The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) applauds Gov. Jerry Brown for signing AB 771, a bill that prevents home buyers in a common interest development (CID), such as a condominium or townhome, from being charged excess document fees....
by countyproperties | Sep 2, 2011 | Finance, Latest News, San Diego Investment Properties, San Diego Real Estate
Most of the news lately about real estate has been dismal: Home prices are swooning, foreclosures ballooning. There is, however, one bright spot: the rental market, where demand is up and rents are rising. That’s partly because those foreclosures have turned...
by countyproperties | Sep 2, 2011 | Finance, Latest News, loan modification, San Diego Real Estate, San Diego Short Sales
If you’re on the verge of losing your home, or you know someone who is, then you also know about the long, bureaucratic process involved in applying for a loan modification from a lender. The most common approach is to apply under the new Home Affordability...