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Jumbo loan home borrowers and interest-only mortgages

by countyproperties | Aug 28, 2014 | Finance, Luxury Homes

Jumbo, interest-only mortgage borrowers are in for monthly sticker shock when their principle comes due. During the peak of the housing boom, from 2004-07, interest-only mortgages gave some buyers access to bigger or better homes than they likely could have afforded...

It's officially unaffordable to rent in almost all major cities

by countyproperties | Aug 28, 2014 | Commercial Real Estate, Luxury Homes, Real Estate news

 According to the latest real estate market reports, homes remain more affordable to buy in 94 of the country’s 100 largest metros compared to historic averages. On the other hand, renting is more expensive than ever in 88 of the country’s 100 largest markets. “The...

Jodie Foster Selling Hollywood Mansion for $6.4 Million

by countyproperties | Jul 6, 2013 | Latest News, Luxury Homes

Jodie Foster Hollywood Hills, CA Most Known For Oscar-winning actress for “The Accused” (1988) and “The Silence of the Lambs” (1991)     Home Info: 5 bedrooms, 4 full & 2 half bathrooms, 6,060 square feet, pool, views  Price...

Buy ONE Day after Foreclosure

by countyproperties | Jun 4, 2013 | Finance, Luxury Homes, Real Estate news

    5 Myths of a Mortgage After Foreclosure Fortunately, obtaining a mortgage after foreclosure is not as hard as you may think it is.. Read more….   No More Renting After A Short SaleOwning a home again after a short sale offers home owners a second chance to...

How The 2013 New Higher Tax Rates Will Affect Luxury Housing

by countyproperties | Jan 13, 2013 | Finance, Luxury Homes

Luxury real estate surged in 2012. Nationally, the number of home sales priced at $1 million or more hit a four-year high in the first nine months of 2012, according to DataQuick MDA, and jumbo mortgages are up about 23%, according to the Wall Street Journal....

Jim Carrey Actor Comedian Selling His Malibu Home

by countyproperties | Jun 16, 2012 | Latest News, Luxury Homes, Real Estate news

 According to the brand-spanking-new listing, Carrey’s $13.9 million dollar abode, is “priced for immediate sale.” Aaaalrighty then. The move-in ready home is situated on a coveted section of sandy beach in Malibu (where the beer flows like wine). It...
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