by countyproperties | Oct 24, 2009 | Finance
Oct. 22 – Mortgage rates for 30-year fixed U.S. home loans rose for a second consecutive week, making borrowing more expensive and threatening signs of stabilization in the housing market. The average 30-year rate climbed to 5 percent from 4.92 percent last...
by countyproperties | Oct 24, 2009 | Current Affairs, Finance, Riverside foreclosure news, San Diego Foreclosure news
OBAMA ADMINISTRATION ANNOUNCES $60 MILLION IN HOUSING COUNSELING GRANTS TO NEARLY 500 NATIONAL, STATE AND LOCAL AGENCIES HUD to provide $60 million in housing counseling grants The U.S. Dept. of Housing and Urban Development (HUD) announced this week it will issue $60...
by countyproperties | Oct 16, 2009 | Finance, Real Estate news, Riverside Real Estate, San Diego Foreclosure news, San Diego Real Estate, San Diego Short Sales
Short Sell your existing home,and then Buy your next home concurrently! To Short Sell, the existing bank or lender agrees to discount the loan balancebecause of an economic or financial hardship on the part of the owner.These extenuating homeowner circumstances are...
by countyproperties | Oct 16, 2009 | Finance, Real Estate news
Increase in Homestead Exemptions: Coming into effect on January 1, 2010, the homestead exemption protecting a homeowner’s equity from judgment creditors has been increased by $25,000 across the board to $75,000 for individuals, $100,000 for married couples or...
by countyproperties | Oct 16, 2009 | Finance, Real Estate news
Free book* complements of Wells Fargo and County Properties, for the first 25 clients that contact us for”The Automatic Millionaire Homeowner:” A Lifetime Plan to Finish Rich in Real Estate by David Bach: One book per client sent after loan application is...
by countyproperties | Oct 8, 2009 | Finance, Riverside foreclosure news, San Diego Foreclosure news
A new report from the Office of the Comptroller of the Currency and the Office of Thrift Supervision shows that the portion of loan modifications in the second quarter that involved reducing the principal increased to 10 percent from 3.1 percent in the first quarter....