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  • 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 toward closing costs. The proposed changes are part of an effort to shore up the ...
    Posted to Market Update (Weblog) by 278262 on December 8, 2009
  • 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 consummating the loan. REALTORS(R) are forewarned that, because of this new three-day waiting ...
    Posted to Market Update (Weblog) by 278262 on July 17, 2009
  • CNN Says Housing Market may be Stabilizing!

    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 ...
    Posted to Market Update (Weblog) by 278262 on July 5, 2009
  • California Running Out of $10,000 Tax Credits for New Homes

    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 ...
    Posted to Market Update (Weblog) by 278262 on June 20, 2009
  • Home Sales Jump ~ April 2009

    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 index of sales contracts signed (the Pending Home Sales Index) jumped 6.7% to 90.3, well ...
    Posted to Market Update (Weblog) by 278262 on June 2, 2009
  • Do you qualify for an FHA loan?

    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 how easy it was for this first time home buyer to finance their home. The buyer is ...
    Posted to Market Update (Weblog) by 278262 on April 26, 2009
  • Open House in Sierra del Oro on Saturday

    [calendar:2008-03-15 2008-03-15] Sierra del Oro, Corona  -  We invite everyone to visit our open house at 3621 Foxplain Road on March 15 from 10:00 AM to 4:00 PM. Property information
    Posted to Market Update (Weblog) by 278262 on March 13, 2008
  • Price Reduced on 3621 Foxplain Road in Sierra del Oro

    Sierra del Oro, Corona  -  Announcing a price reduction on 3621 Foxplain Road, a 1,994 sq. ft., 3 bath, 4 bdrm 2 story. Now MLS® $444,900 - Just Reduced! Visit open house Saturday March 15 from 10am-4pm. Owner says "Bring all Offers". Property information
    Posted to Market Update (Weblog) by 278262 on March 13, 2008
  • Open House in Sierra del Oro on Saturday

    [calendar:2008-03-01 2008-03-01] Sierra del Oro, Corona  -  We invite everyone to visit our open house at 3621 Foxplain Road on March 1 from 12:30 PM to 4:00 PM. Property information
    Posted to Market Update (Weblog) by 278262 on February 29, 2008
  • Open House in Sierra del Oro, Corona, on Sunday

    [calendar:2008-02-24 2008-02-24] Sierra del Oro, Corona  -  We invite everyone to visit our open house at 3621 Foxplain Road on February 24 from 12:30 PM to 4:00 PM. Priced like a repo, only better! This beautiful home is flawless, clean, and comes with a one year home warranty! Please stop by and say "hi". We'd love to ...
    Posted to Market Update (Weblog) by 278262 on February 22, 2008
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