Corona California Homes and More!

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 toward closing costs. The proposed changes are part of an effort to shore up the ...

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 to First American CoreLogic, nearly 10.7 million households had negative equity in ...

We all talk about what-ifs. One big what-if many homeowners have today has to do with making house payments. Many homeowners are underwater, meaning they owe more than the home is worth at today's depressed prices. Some homeowners certainly are wondering why they're sending in the payment on, say, a $450,000 mortgage, ...

[photo:listing:7083075] • 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 ...

Did you know we have water restrictions? On Thursday, July 16th 2009, the City of Corona Department of Water and Power will host a class to help us learn how to cut our water usage. These classes are open to home owners and Corona residents. Thurs., July 16, 2009, 6:00 pm City of Corona 745 Corporation Yard Way can't make that one? There ...

The Obama administration eased eligibility rules Wednesday for its Home Affordable Refinance Program, lifting the maximum loan-to-value ratio to 125% from 105%. This change should make refinancing available to more people whose homes are worth less than their mortgages. HARP is open to homeowners whose loans are owned or guaranteed by ...

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 2.9 percent in April nationwide, it appears that the housing market may be stabilizing. So ...

Summer’s warm temperatures typically bring an increased demand for electricity, as people turn on fans and air conditioners to help keep cool. Coupled with rising costs for energy supply, this could mean higher electric bills for those who don’t plan ahead.   Turn off everything you’re not using; lights, TVs, computers, etc. ...

First-time home buyers wanting to take advantage of the state's $10,000 tax credit may have less time than originally expected. California set aside $100 million to help home buyers purchase newly built homes, hoping to jump start the residential-construction market. According to state officials, the tactic has worked well and is helping to ...

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 process for certain owner-occupied residential first trust deeds has been extended by 90 ...