Banks offer cash as high as $3,000 to $35,000 for completed short sales

Chase_Incentive_Marketing_letterThe nation’s largest banks are luring a select number of San Diego County homeowners to complete short sales with the promise of cash, in some cases as much as $35,000 for each deal. These incentive offers, which require lenders...

Real Estate Weather Report for California

Pending home sales in California fell 1.7 percent in July, according to C.A.R.’s Pending Home Sales Index (PHSI)*. The index was 117.0 in July, down from June’s index of 119.0, based on contracts signed in July. The index was up 4.9 percent from July 2010....