by countyproperties | Apr 17, 2010 | Finance, Real Estate news, Riverside foreclosure news, Riverside Real Estate, Riverside Short Sales, San Diego Foreclosure news, San Diego Real Estate, San Diego Short Sales
“Qualified principal residence” indebtedness is defined as debt incurred in acquiring, constructing, or substantially improving a principal residence. It includes both first and second trust deeds. It also includes a refinance loan to the...
by countyproperties | Apr 17, 2010 | Finance, Real Estate news, Riverside foreclosure news, Riverside Real Estate, Riverside Short Sales, San Diego Foreclosure news, San Diego Real Estate, San Diego Short Sales
When Bank of America announced last week that it would begin cutting loan balances for distressed mortgage borrowers, it marked a sea change in the way lenders deal with seriously delinquent loans. Until now, big lenders and servicers, such as BofA , have only given...
by countyproperties | Apr 17, 2010 | Finance, Real Estate news
Mortgage rates have shot up in the past few weeks, and may climb even higher, raising concerns about the recovery of the fragile housing market. In a move that could signal an end to an era of historically cheap mortgages, rates nationally have jumped to 5.31 percent,...
by countyproperties | Apr 17, 2010 | Finance, Real Estate news
The $100 million allocated for California’s first-time homebuyer tax credits may be depleted in about 10 to 20 days or sooner, according to C.A.R.’s Economics team. California’s Franchise Tax Board (FTB) plans to begin accepting applications on...
by countyproperties | Apr 3, 2010 | Finance, Real Estate news
Californians have a brief window of opportunity to receive up to $18,000 in combined federal and state homebuyer tax credits. To take advantage of both tax credits, a first-time homebuyer must enter into a purchase contract for a principal residence before May...
by countyproperties | Mar 27, 2010 | Current Affairs, Finance, Real Estate news, Riverside Real Estate, Riverside Short Sales, San Diego Foreclosure news, San Diego Real Estate, San Diego Short Sales
To simplify all of the confusion, “Hope” and “Making homes afordable” programs are broad names that encompus the specific options listed below. The specific program options are the following: (click on specific program for details) HARP...
