Corona California Homes and More!

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 ...

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” claim they will help save your home, but in reality are out to make a profit -- at ...

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 ...

Freddie Mac says housing sales are near bottom Frank Nothaft, chief economist of Freddie Mac, said on Saturday that housing sales are nearing a bottom, with foreclosures accounting for a third of all sales.  But you knew there's a "but" coming, right?  Yup...Nothaft added that unemployment and house price declines will ...

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, the lender accepts the offer for $350,000 and the home is sold.  That's a short ...

[calendar:2008-09-14 2008-09-14] South Corona, Corona  -  We invite everyone to visit our open house at 1134 Pampas Circle on September 14 from 1:00 PM to 3:00 PM. Property information

Finally we have some help for the troubled housing market. A law passed by the federal government and is one of the boldest and broadest pieces of legislation related to the real estate market since the great depression. Among other relief details, the legislation devotes $300 billion to helping troubled homeowners avoid ...

Did you know that a law was just passed that would help many home owners avoid foreclosure? Called the Housing and Economic Recovery Act of 2008, this is one of the boldest and broadest pieces of legislation related to the real estate market since the great depression. As part of this law, the government will give you a tax ...

[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 ...

Interest Rates are at 4 year lows! 30 Year Fixed  5.42% 15 Year Fixed  4.89% 5/1 Arm          5.00% 30 Year Fixed Jumbo  6.51% 5/1 Jumbo Arm 5.49% Thank You to Bankrate.com for providing the rates! Can you believe these great rates?? If you are planning to buy a home in the ...