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Can I Buy A Home After A Short Sale?
Can I buy a home immediately after a short sale? The answer is yes! The other day I received a call with this question from a Corona, Ca short seller. I answered, "Yes you can with FHA, if you meet the following qualifications": Home short sold Read More...
Great News! You CAN Buy a Home after a Short Sale!
DSNews - Default Servicing In Print and Online Fannie Mae has just stepped up to the plate and announced that they have updated several policies regarding a borrowers loan eligibility when the borrower has been through a short sale. This is important Read More...
Unemployment in Riverside County and San Bernardino County Rises
March 11, 2010 Employers shed almost 20,000 more jobs in San Bernardino and Riverside counties in January, while nearly one-in-five people in the Victor Valley were classified as unemployed by the end of that month, according to state statistics released Read More...
Help for Homeowners with FHA Loans
From the January 22, 2010 report fron CNNMoney.com Struggling to pay your FHA mortgage? Now you no longer have to be late with your payments to get help. On Friday, the Federal Housing Administration announced that it will assist borrowers before they Read More...
Posted: Thursday, January 28, 2010 1:19 PM by Liane Thomas | 0 Comments
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Good Christmas Cheer for Homeowners in Foreclosure!
In an unexpected gesture of goodwill, Fannie Mae and Freddie Mac will suspend foreclosure evictions from December 19, 2009 through January 3, 2010. To help struggling families over the holidays, both owner-occupants and tenants living in properties foreclosed Read More...
It Is Getting Harder to Buy a House
FHA to toughen rules for borrowers The Federal Housing Administration (FHA) is proposing raising minimum credit scores for borrowers who receive FHA-backed mortgages, increasing down payment requirements, and limiting the amount of money sellers can provide Read More...
Posted: Tuesday, December 08, 2009 7:59 AM by Liane Thomas | 0 Comments
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One in Four Borrowers is Underwater on their Home
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...
Townhouse For Sale in Cypress
• 1,031 sq. ft., 2 bath, 2 bdrm townhouse - MLS® $290,000 - Standard Sale! Cypress, Orange County - Cute townhome in Cypress, in the highly desirable Los Alamitos School District. Walking distance to schools and shopping. You'll love the Read More...
2 Story For Sale in Sierra del Oro
• 3,031 sq. ft., 3 bath, 5 bdrm 2 story - $550,000 - Priced To Sell Fast! Sierra del Oro, Corona - Luxury Living Orange County Close! You must see this highly upgraded Sierra del Oro, Corona Pool Home! The elegance starts at the gated courtyard entrance, Read More...
Existing Home Sales Up June 2009!
According to the National Association of Realtors (NAR), existing home sales in June rose by 3.6% to an annual rate of 4.89 million, the highest since last October. Lawrence Yun, NAR chief economist, said: "The increase in existing-home sales occurred Read More...
New Home Sales Up June 2009
Sales of newly built, single-family homes rose 11% in June, 2009 to a seasonally adjusted annual rate of 384,000 units, according to numbers released by the U.S. Commerce Department. Coming on the heels of an upwardly revised number for May, the gain Read More...
Changes in Home Loans May Affect You
Starting July 30, 2009, if the APR on an initial Good Faith Estimate is no longer accurate (within a 0.125% range) at close of escrow, a lender must generally provide a residential borrower with a new disclosure and a three-day right to rescind before Read More...
New 90 Day Foreclosure Rule in California
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...
Price Reduced on 12843 Prairie Circle in Eastvale, Corona
Eastvale, Corona - Announcing a price reduction on 12843 Prairie Circle, a 2,063 sq. ft., 2 bath, 4 bdrm single story "Hard to Find!". Now MLS® $325,000 - Approved Short Sale! Yes, the sale was approved and the buyers have found a different Read More...
HOMEOWNERS BEWARE: Foreclosure Rescue Scams
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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