by countyproperties | Nov 7, 2009 | Finance, Riverside foreclosure news, Riverside Short Sales, San Diego Foreclosure news, San Diego Short Sales
Q 1. What is a “preforeclosure sale” is that the same as a short sale? A”A preforeclosure sale involves the sale of the property by the borrower to a third party for less than the amount owed to satify the delinquent mortgage, as agreed to by the...
by countyproperties | Nov 7, 2009 | Current Affairs, Finance, Real Estate news
Plus…A New Tax Credit for Certain Existing Home Owners! It’s official. President Obama has signed a bill that extends the tax credit for first-time homebuyers (FTHBs) into the first half of 2010. This program had been scheduled to expire on November 30,...
by countyproperties | Oct 30, 2009 | Finance
Some consumers with exceptional credit reports and high FICO scores are being denied mortgages by Fannie Mae’s automated underwriting system because there is a notation in the credit report that the consumer has disputed an item. Under the Fair Credit Reporting...
by countyproperties | Oct 30, 2009 | Finance, Real Estate news
According to the Associated Press, Senators have agreed to extend the tax credit for first-time homebuyers and to offer a reduced credit to some repeat buyers. Reportedly, Senators agreed to extend the existing tax credit for first-time homebuyers while offering a...
by countyproperties | Oct 24, 2009 | Current Affairs, Finance
We are proud to announce County Properties new business partner Rose Batacan a loan officer with Bank of America Home Loans. Rose has over 22 years experience in real estate lending. Having worked in so many different capacities has provided Rose with the experience...
by countyproperties | Oct 24, 2009 | Finance, Riverside foreclosure news, San Diego Foreclosure news
That transaction, in which borrowers sell their house for less than they owe, has earned a reputation as a frustrating morass with banks taking weeks or months to respond to offers and then often rejecting them. Because lenders swallow a loss on short sales, they have...
