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Residential real estate for Corona, Norco, Riverside, Mira Loma, Eastvale, Lake Elsinore, and surrounding communities.
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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
  • 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
  • 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
  • Avoid Foreclosure

    Home owners who are facing foreclosure often dread dealing with the facts that got them to that place. If they think back to when they first bought that home, losing their home was probably the furthest thing from their mind. Few home owners actually plan to go into foreclosure.Reasons For Pending ForeclosureApart from those who knowingly ...
    Posted to Corona Market Update (Weblog) by 278262 on July 26, 2009