Freddie Offers New Loan Mod Option

by countyproperties | Sep 17, 2011 | Latest News, loan modification, San Diego Real Estate, Short Sales

Financially distressed homeowners with Freddie Mac mortgages will have a new option for loan modifications beginning next month. The new option, called a Standard Modification, is designed for borrowers who are ineligible for a Home Affordable Modification Program...

California home sales and prices August did what?

by countyproperties | Sep 17, 2011 | Latest News, San Diego Real Estate

California home sales posted an increase from both the previous month and previous year, while the median home price rose to its highest level this year, according to data from the California Association of Realtors. Closed escrow sales of existing, single-family...

Luxury homes and millionaires what’s happening?

by countyproperties | Sep 10, 2011 | Latest News, Luxury Homes, Real Estate news, San Diego Real Estate

Millionaires took a hit in 2007 and 2008 as the housing and financial markets cratered, but they are on the way back – and so is luxury housing. In the nation’s top 20 markets, million-dollar property sales rose 18% in 2010 with a 21% increase in California,...

How to prepare for a Loan if you’re for self employed

by countyproperties | Sep 10, 2011 | Finance, Latest News, Real Estate news, San Diego Real Estate

When income is freelanceor self employedthese are the challenges to overcome. After the financial market downturn in 2008, getting approved for a mortgage loan became even more difficult. Combine that with the fledgling economy, which left many people turning to...

Is it time make a move on rental properties?

by countyproperties | Sep 2, 2011 | Finance, Latest News, San Diego Investment Properties, San Diego Real Estate

Most of the news lately about real estate has been dismal: Home prices are swooning, foreclosures ballooning. There is, however, one bright spot: the rental market, where demand is up and rents are rising. That’s partly because those foreclosures have turned...

Need free help on a Loan Modification Application not going anywhere?

by countyproperties | Sep 2, 2011 | Finance, Latest News, loan modification, San Diego Real Estate, San Diego Short Sales

If you’re on the verge of losing your home, or you know someone who is, then you also know about the long, bureaucratic process involved in applying for a loan modification from a lender. The most common approach is to apply under the new Home Affordability...