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...
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....
by countyproperties | Oct 8, 2009 | Real Estate news, Riverside foreclosure news, Riverside Real Estate, San Diego Foreclosure news
The median home price in California will rise 3.3 percent to $280,000 in 2010 compared with a projected median of $271,000 this year, according to C.A.R.’s "2010 California Housing Market Forecast," presented today at CALIFORNIA REALTOR® EXPO 2009 in San...
by countyproperties | Oct 1, 2009 | Finance, Riverside foreclosure news, San Diego Foreclosure news
The U.S. Dept. of Housing and Urban Development (HUD) offers an online guide to preventing foreclosure. The guide provides consumers with information such as how to contact a housing counselor; when and how to talk to their lender, how to find...
by countyproperties | Oct 1, 2009 | Current Affairs, Finance, Riverside foreclosure news, Riverside Real Estate, San Diego Foreclosure news, San Diego Investment Properties, San Diego Real Estate, San Diego Short Sales
New Fed rules. Beginning Oct. 1, 2009 new rules adopted by the Federal Reserve will go into effect, requiring greater diligence on the part of mortgage lenders and brokers who issue high-cost loans for borrowers with less than favorable credit. The...
by countyproperties | Sep 25, 2009 | Real Estate news, Riverside foreclosure news, San Diego Foreclosure news
Short sales spread across real estate market, leaving frustration in their wake As more homeowners find themselves underwater — owing more on their mortgage than their home is currently worth — and unable to make the monthly mortgage payments, many are...
