Did the Foreclosure crisis shifts FICO your scores?

by countyproperties | Sep 23, 2011 | Finance, Latest News

FICO scores, which are used by financial institutions to determine creditworthiness, remained “relatively stable” between 2005 and 2011, according to Banking Analytics Blog. Still, new data suggests mortgage foreclosures, delinquencies and bankruptcies...

Fed decision keeps mortgage rates at record lows

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...

Only ½ Percent Down Payment Needed to buy a home!

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...

How to prepare for a Loan if you’re for self employed

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...

CA Governor Brown Signs Bill Preventing Gouging of Condominium/Townhome Buyers

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....

Is it time make a move on rental properties?

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...