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  • Avoid Foreclosure with Help for Homeowners from Fannie Mae!

    Fannie Mae has just launched a website for for homeowners who are having trouble paying their mortgage. The website, www.KnowYourOptions.com, is designed to to provide information on refinancing, repayment plans, forbearance, modifications, and Fannie Mae’s Deed-for-Lease program. Those homeowners who recognize that they can no longer ...
    Posted to Corona Market Update (Weblog) by 278262 on August 8, 2010
  • Just Sold! 23879 Towish ~ Corona ~Trilogy Glen Ivy ~ South Corona

    Liane Thomas and The Jet Team are pleased to announce the sale of the home at 23879 Towish in the Trilogy community of South Corona.The single story was a short sale with Bank of America and we are delighted to have helped another family avoid foreclosure and protect their credit. If you think you need a short sale, we'd like to ...
    Posted to Corona Market Update (Weblog) by 278262 on July 3, 2010
  • Can I Buy A Home After A Short Sale?

    Can I buy a home immediately after a short sale? The answer is yes!  The other day I received a call with this question from a Corona, Ca short seller. I answered, "Yes you can with FHA, if you meet the following qualifications":Home short sold cannot be a FHA loanMust have been current on mortgage at time of saleSold home must ...
    Posted to Corona Market Update (Weblog) by 278262 on June 21, 2010
  • Unemployment in Riverside County and San Bernardino County Rises

    March 11, 2010 Employers shed almost 20,000 more jobs in San Bernardino and Riverside counties in January, while nearly one-in-five people in the Victor Valley were classified as unemployed by the end of that month, according to state statistics released Wednesday. At more than 17 percent unemployed, the Victor Valley continued to top ...
    Posted to Corona Market Update (Weblog) by 278262 on March 11, 2010
  • Inland Empire Homeowners! List Your Home For Sale Today!

    Selling a home in the dead of winter might seem ill-advised, particularly considering the state of the economy, but some experts think that making the decision to wait until spring to list the property could be a mistake. Government incentives will likely have a big impact in 2010, with many buyers determined to sign a contract before the April ...
    Posted to Corona Market Update (Weblog) by 278262 on January 28, 2010
  • Why re-list your home with a bad agent?

    I've read many publications that say a seller should choose an agent to list their home with and what they should expect from a listing agent. Listing with a tenth-rate agent is a mistake anyone could make but WHY the seller would knowingly RE-LIST with an agent who has demonstrated that they are tenth rate is incomprehensible. Does the ...
    Posted to Corona Market Update (Weblog) by 278262 on January 21, 2010
  • Short Sale Process Will Get Easier for Corona Homeowners!

    After over 2 years of short sale mayhem, The Obama Administration is trying to speed up the process with its Home Affordable Foreclosure Alternatives Program (HAFA). This program offers financial incentives to lenders, servicers, and even borrowers to utilize a short sale to avoid a foreclosure sale. A short sale is when the lender agrees ...
    Posted to Corona Market Update (Weblog) by 278262 on December 20, 2009
  • 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 Corona Market Update (Weblog) by 278262 on December 8, 2009
  • Do YOU Want $8000?

    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 ...
    Posted to Corona Market Update (Weblog) by 278262 on July 14, 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 Corona Market Update (Weblog) by 278262 on July 5, 2009
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