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...
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 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...