One would have to try very hard to ignore the media frenzy surrounding home values in the southland, but does their argument that “demand is returning to the housing market” really hold any truth? Or are we as homeowners, only hearing what we want to hear!
When Tom Barrack lost the bid for the Los Angeles Dodgers baseball team, he decided to a leap into one of his largest bulk foreclosure purchases. With contacts high above in the real estate industry, Barrack reached out to Fannie Mae and bid on their bulk for a $176,000,000 purchase.
The federally funded ‘Keep Your Home California’ Program will soon begin efforts to help distressed homeowners. The federal agency that oversees Fannie Mae and Freddie Mac has hesitated to approve the program passing yet sees this as a way to provide a sustainable mortgage payments.
With well over 10,000 real estate agents to compete with in LA, sellers and buyers are seeking prompt justification as to why they should pick you over the next Tom or Jane. If you ran into your dream client and had 5 minutes to make your point, how would you make it happen?
A local resident’s electricity bill in the Orange County is said to show she pays $0.91 per month after remodeling to conserve energy. Going green seems to have worked to her benefit as well as many SoCal homeowners.
We have all learned the hard way that there a few very important items to be checked before closing escrow on your dream home. Making sure your home inspector is certified is the first part, and then comes your checklist. Sure, you’ve made sure you are clear of termites or any flood damage but there are details […]
Many of you have either received frightening emails or been caught up reading articles all over finance pages in regards to the 3.8% sales tax on investment income. Here are the top 10 items we have found necessary for you to be aware of once the tax goes into effect.
A bit of good news for the condominium buyers out there; the Federal Housing Finance Administration (FHA) recently revised its condominium certification rules, making it easier to qualify condominiums for FHA financing.
If it sounds too good to be true….
In reviewing the articles that I have written in the past I discovered that while I often mentioned a certain tag line, I never really went into depth about why I believe it. So in this article I intended to explain in full light why “Loan Modifications Don’t Work!”
