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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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[photo:listing:7083075]
• 3,031 sq. ft., 3 bath, 5 bdrm 2 story
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$550,000
- Priced To Sell Fast!
Sierra del Oro, Corona
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Luxury Living Orange County Close! You must see this highly upgraded Sierra del Oro, Corona Pool Home! The elegance starts at the gated courtyard ...
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[photo:listing:6918657]
Executive Home, Private Paradise! • 5,941 sq. ft., 5 bath, 5 bdrm 2 story - $1,500,000 - Not A Short Sale!
South Corona, Corona - Welcome to Paradise! Private & Elegant Estate in Crown Ranch, The Premier Destination in Corona. Orange Country Close, You Will Live in Grandeur!. HIghly ...
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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 ...
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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 ...
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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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South Corona, Corona
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Announcing a price reduction
on 1414 Baldwin, a 2,884 sq. ft., 3 bath, 5 bdrm 2 story. Now
$379,000
- Just Reduced!.
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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