If you’re a homeowner, savvy investor, Realtor, accountant, or in any way concerned about the US housing market, chances are you’ve heard of the Mortgage Forgiveness Debt Relief Act of 2007. Passed in (you guessed it) 2007, this Act is centered around one main idea, but broken into two separate scenarios.
We’ve all been hearing it here in the SoCal real estate market for months, whether as a buyer’s agent when asked “How’s business?” or as a home buyer when asked “So how is the house hunting coming along?” Nine times out of ten the answer is usually “There are not enough houses for sale!” Or […]
The hand-off has occurred! As of Friday, 8/2, the Barnes & Noble nooks and the covers have been dropped off at City of Hope Cancer Research Hospital in Duarte, CA!
The Carbon Monoxide Poisoning Prevention Act of 2010 (Cal. Health & Safety Code §§ 13260 et seq.) has been in effect since 2011, yet not everyone is familiar with this law or enforces it. Per the law, it is the seller’s responsibility to install adequate carbon monoxide detectors as well as smoke detectors. As listing […]
Well the inevitable has happened! Homeowners who received home loan modifications in the past several years are beginning to default on their modified loans at an alarming rate. In fact the pattern of homeowners going from default to modification then back into default is becoming so prevalent that society has seen fit to give it […]
You may recall about a month ago that we hosted a Texas Hold’em Charity Tournament to raise funds for Toys For Teens and City of Hope. Thanks to all of your generous donations and participation, we were able to raise a great deal of money!
Well it seems that what we all suspected was in fact true! According to a former Bank of America employee, Loss Mitigation Specialists were told to delay the Home Affordable Modification Process (aka HAMP) and were even given bonuses for foreclosure initiations!
It’s very important and helpful for us, as agents/brokers, to continue our education and training even after we’ve obtained a license. There are so many new laws and regulations that come up and change, we must always keep up. Many of the associations that you’re a part of hold classes or training sessions, and even […]
On behalf of JohnHart Real Estate, ToysForTeens.org, and City of Hope, please allow me to extend our gratitude to all who made it out to this years Texas Hold ‘Em Tournament. Through your generosity, we were able to raise a large amount of money for teens fighting cancer over at City of Hope.
Southern California housing market continues to improve as investors dominate the market.
