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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 ...
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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 ...
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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 ...
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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 ...
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Riverside, San Bernardino - Announcing a price reduction on 3803 Clarkson Street, a 1,752 sq. ft., 3 bath, 3 bdrm two story home with 2 car garage. Now MLS® $179,000 - Just Reduced! + BONUS.
Property information
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La Sierra, Riverside
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The single story at 10478 Pendleton Street has been sold.
Property information
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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 ...
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[photo:listing:2337358]
• 1,752 sq. ft., 3 bath, 3 bdrm single story
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MLS®
$189,000
Riverside, San Bernardino
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Beautiful, nearly new Prestige home in gated community. Extra clean home with light and bright open floor plan, and over $40K in upgrades! The first thing ...
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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 ...
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[photo:listing:2275864] • 1,384 sq. ft., 3 bath, 3 bdrm 2 story - MLS® $175,000
Central Riverside, Riverside - Beautiful, nearly new KB home in gated community. Light and bright open floor plan with many upgrades. Large kitchen with granite counter tops, upgraded cabinets, tile floor, and stainless steel appliances ...
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