Fannie and Freddie Set Much Shorter Timelines for Short Sales

by countyproperties | Apr 28, 2012 | Latest News, loan modification, Short Sales

Beginning June 15, real estate agents working with distressed homeowners whose loans are backed by Fannie Mae and Freddie Mac should expect to receive a decision on a short sale offer within 30-60 days. The GSEs issued new guidelines Tuesday that fall under the...

Tax benefits for couples owning homes

by countyproperties | Apr 11, 2012 | Latest News, Real Estate news

Mortgage interest deduction available per residence, not per taxpayer Before the current, rather liberal, tax advantages for homeownership, many older people delayed or declined marriage or remarriage “for tax purposes.” That’s because each...

Short Sale and Buy Program

by countyproperties | Apr 11, 2012 | Latest News, San Diego Foreclosure news, San Diego Real Estate, San Diego Short Sales, Short Sales

Short Sell and Buy a Nicer Home, for Less Money, within1 month or Less! YES! This unique Short Sale and Buy Program allows southern California homeowners to Short Sale their over mortgaged upside down home, restore their credit rating that was compromised by the Short...

Commercial Real Estate Shows Improving Gains

by countyproperties | Apr 11, 2012 | Commercial Real Estate, Latest News, San Diego Real Estate

According to an article published by CoStar, commercial real estate powered by gains in Multifamily and Office Buildings drove the CCRSI National Composite Sales Index to close out 2011 with significant increases off the 2011 March lows. The National Composite Index...

Lenders expect loan delinquencies to drop

by countyproperties | Apr 11, 2012 | Latest News, Real Estate news, San Diego Foreclosure news, San Diego Investment Properties, San Diego Real Estate

A survey of bank risk professionals found fewer lenders expect a rise in delinquencies on home loans, car loans, and small business loans, according to FICO’s quarterly survey. In the latest survey, the number of respondents expecting mortgage delinquencies to...

New update on short sales HAFA and housing industry! On Friday, March 2012

by countyproperties | Apr 11, 2012 | Latest News, loan modification, San Diego Foreclosure news, San Diego Real Estate, San Diego Short Sales, Short Sales

Major news in the short sale and housing industry! On Friday, March 9, 2012 the Obama Administration announced updates to the Home Affordable Foreclosure Alternative (HAFA) program. Created in 2009, HAFA is a government-sponsored initiative assisting all Home...