Fed decision keeps mortgage rates at record lows

by countyproperties | Sep 23, 2011 | Finance, Latest News, Real Estate news

The Federal Reserve’s plan to reinvest principal payments on some bonds into mortgage-backed securities is already contributing to the nation’s record low mortgage interest rates, Bankrate said Thursday. Bankrate said the Federal Open Market Committee...

Only ½ Percent Down Payment Needed to buy a home!

by countyproperties | Sep 17, 2011 | Finance, Real Estate news, San Diego Real Estate

Now is the perfect time to buy! The California Housing Fund Platinum Program is offering: 3 percent grant for homebuyers to use for closing costs, down payment or pre-paid loan expenses. Grant does not have to be repaid, and there is no restriction in turning the home...

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...

CA Governor Brown Signs Bill Preventing Gouging of Condominium/Townhome Buyers

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

Sept. 1 – The CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) applauds Gov. Jerry Brown for signing AB 771, a bill that prevents home buyers in a common interest development (CID), such as a condominium or townhome, from being charged excess document fees....

C.A.R. reports sales increased 20.1 percent

by countyproperties | Jul 30, 2009 | Real Estate news, San Diego Real Estate

C.A.R. reports sales increased 20.1 percent Home sales increased 20.1 percent in June in California compared with the same period a year ago, while the median price of an existing home declined 26.4 percent, according to a C.A.R. report released Monday. “Many...