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One in four borrowers is underwater Despite recent indicators that the housing market is improving,a new report shows that one in four mortgage borrowers are underwater, meaning they owe more on their mortgage than their home currently is worth. According Read More...
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Riverside, San Bernardino - The 2 story at 3803 Clarkson Street has been sold. This was a short sale that the family owed over $400,000 and we were able to sell it for $189,000. AND the bank agreed with us, and told the seller they did not have to repay Read More...
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CNN is searching for a bottom in the housing market With consumer confidence rising in May to its highest level in eight months, housing starts increasing more than 17 percent in May compared with the previous month, and sales of existing homes climbing Read More...
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Recent news headlines have caused confusion by mischaracterizing the new California Foreclosure Prevention Act as a 90-day moratorium and incorrectly stating that the lender must modify delinquent loans before it begins foreclosure. In reality, the foreclosure Read More...
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Brought to you by your Realtor®, Liane Thomas, and the California Association of Realtors® With the recent rise in foreclosures, foreclosure-related scams have exploded onto the real estate scene. These so-called “foreclosure rescue companies” Read More...
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Liane Thomas of The Thomas Group, Keller Williams Realty in Corona Ca. has earned the prestigious Certified Distressed Property Expert (CDPE) designation, having completed extensive training in foreclosure avoidance and short sales. This is invaluable Read More...
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Did you know the Obama administration, through the Making Home Affordable program, is giving lenders and loan providers an incentive of up to $1,000 for each completed short sale? This is in addition to $1,000 to share the cost of paying any second-mortgage Read More...
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Pending US Home Sales Surge Pending US home sales skyrocketed to their highest number in 7 years, a sure sign that the bottom is forming and that bargain seekers have arrived. The National Association of Realtors reported that its seasonally adjusted Read More...
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So we had the joy of sitting with a really great couple over the weekend. This husband and wife were reviewing an offer that came in over the weekend on the home we are selling for them. We got to the part about the buyers loan, and they were really surprised Read More...
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• 1,752 sq. ft., 3 bath, 3 bdrm single story - MLS® $189,000 Riverside, San Bernardino - Beautiful, nearly new Prestige home in gated community. Extra clean home with light and bright open floor plan, and over $40K in upgrades! The first thing Read More...
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• 1,384 sq. ft., 3 bath, 3 bdrm 2 story - MLS® $175,000 Central Riverside, Riverside - Beautiful, nearly new KB home in gated community. Light and bright open floor plan with many upgrades. Large kitchen with granite counter tops, upgraded cabinets, Read More...
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A short sale is when a lender accepts a discount on a mortgage to avoid a possible foreclosure. For example: A homeowner, who is facing foreclosure, has an existing first mortgage of $500,000. The market value of the home is $350,000. Long story short, Read More...
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Indian Hills, Riverside - Announcing a price reduction on 6476 Avenida Mariposa, a 1,785 sq. ft., 3 bath, 4 bdrm 2 story. Now MLS® $199,999 - . Property information Read More...
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Indian Hills, Riverside - Announcing a price reduction on 6476 Avenida Mariposa, a 1,785 sq. ft., 3 bath, 4 bdrm 2 story. This house is STUNNING! Now MLS® $225,000 - . Property information Read More...
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• 1,785 sq. ft., 3 bath, 4 bdrm 2 story - MLS® $250,000 Indian Hills, Riverside - Visit me first! Stunning 4 bedroom 2.5 bath two story home that shows like a model The entire home features upgraded ceiling fans and light fixtures, custom paint, Read More...
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