Corona California Homes and More!

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 ...

[photo:listing:7202858] • 1,031 sq. ft., 2 bath, 2 bdrm townhouse - MLS® $290,000 - Standard Sale! Cypress, Orange County  -  Cute townhome in Cypress, in the highly desirable Los Alamitos School District. Walking distance to schools and shopping. You'll love the ...

[photo:listing:7083075] • 3,031 sq. ft., 3 bath, 5 bdrm 2 story - $550,000 - Priced To Sell Fast! Sierra del Oro, Corona  -  Luxury Living Orange County Close! You must see this highly upgraded Sierra del Oro, Corona Pool Home! The elegance starts at the gated courtyard ...

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 ...

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 ...

[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 ...

Interest Rates are Great! 30 Year Fixed  5.91% 15 Year Fixed  5.46% 5/1 Arm          5.63% 30 Year Fixed Jumbo  6.76% 5/1 Jumbo Arm 6.11% Thank You to Bankrate.com for providing the rates! Want a house for the New Year? It is time to shop. There are a lot of homes on the market ...

As announced on Wednesday October 31, the Federal Reserve cut its benchmark interest rate by a quarter percentage point! What a wonderful Halloween treat for homeowners and investors! What does this mean to you? If you have a revolving HELOC, it has been at 7.75%. As of now it has dropped to 7.50%, and you didn't have to ...