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 ...

Save the date! Here is another free event for the residents of Corona!      The Tree Lighting and Holiday Celebration is scheduled for Sunday, December 6, 2009, and will include entertainment by the Corona Symphony Jazz Band and a special performance by the world famous All American Boys Chorus. The event will also ...

Calif. median home price - June 09: $274,740 (Source: C.A.R.) Calif. highest median home price by C.A.R. region June 09: Santa Barbara So. Coast $850,000 (Source: C.A.R.) Calif. lowest median home price by C.A.R. region June 09: High Desert $108,600 (Source: C.A.R.) Calif. First-time Buyer Affordability Index - First Quarter 2009: 69 percent ...

Home owners who are facing foreclosure often dread dealing with the facts that got them to that place. If they think back to when they first bought that home, losing their home was probably the furthest thing from their mind. Few home owners actually plan to go into foreclosure.Reasons For Pending ForeclosureApart from those who knowingly ...

Calif. median home price - May 09: $267,570 (Source: C.A.R.) Calif. highest median home price by C.A.R. region May 09: Santa Barbara So. Coast $875,000 (Source: C.A.R.) Calif. lowest median home price by C.A.R. region May 09: High Desert $106,210 (Source: C.A.R.) Calif. First-time Buyer Affordability Index - First Quarter 2009: 69 percent (Source: ...

Would You Like $8,000? Buy a Home. Soon! To stimulate the economy, Washington juiced up the stimulus plan passed last year in February. Two benefits for FTHBs (First Time Home Buyers) were that the amount of the tax credit was increased from up to $7,500 to $8,000. And, more importantly, the amount of the credit does not have to be ...

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 ...

Tips for Improving Memory Have you ever been introduced to someone, only to forget her name two seconds after you shake her hand? Don't worry. This is NOT evidence that you're losing your mind. Turns out, it's actually an extremely common occurrence for many people. The good news is there is plenty of research on the subject and there ...

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 ...