by countyproperties | Nov 24, 2011 | Latest News, Real Estate news, Riverside foreclosure news, San Diego Foreclosure news
The inventory of foreclosures held by private banks dropped for the fourth straight quarter to $50.4 billion worth of properties at Sept. 30, according to the Federal Deposit Insurance Corp.The REO level at the end of the third quarter is down 1.5% from $51.3 billion...
by countyproperties | Nov 24, 2011 | Latest News, Real Estate news, San Diego Real Estate
Pending home sales in California rose in October and were up from the previous year for the sixth consecutive month. Additionally, distressed home sales rose in October from both the previous month and year, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.)...
by countyproperties | Nov 18, 2011 | Finance, Latest News, Real Estate news, San Diego Real Estate
Although the housing market struggled to maintain an even footing in 2011, gradual improvement is expected in 2012 and beyond, according to projections at a residential forum here at the 2011 Realtors® Conference & Expo. Lawrence Yun, chief economist of...
by countyproperties | Nov 18, 2011 | Finance, Latest News, Real Estate news
A lease-to-own house purchase (also “rent-to-own purchase” or “lease purchase”) is a lease combined with an option to purchase the property within a specified period, usually three years or less, at an agreed-upon price. Such arrangements have...
by countyproperties | Nov 18, 2011 | Latest News, loan modification, Real Estate news, San Diego Foreclosure news, San Diego Real Estate, San Diego Short Sales
The mortgage-aid effort, called Keep Your Home California, so far has helped close to 8,000 low- and moderate-income households that are behind on loan payments or close to default, according to agency leaders. “This expanded eligibility will allow more families...
