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FHA Waives 3 Years Wait Time for Short Sellers..

Real Estate Blog : Investment Property : Los Angeles : Manhattan Beach : Hermosa Beach : Redondo Beach : Palos Verdes : Torrance

This may help a few of ‘Short Sale Sellers’ who  have already “short sold”  their homes…or it can  make a big difference to future Short Sellers who are considering a “short sale”.

FHA has financing for homeowners who are short selling their home and wants to repurchase another home after the short [read more ...]

Lenders Tighten Rules on Self Employed Borrowers

Real Estate Blog : Residential Commercial Income Investment Property

The ever changing lending rules is different by the hours (OK, I am kidding) but by the weeks is pretty close.

One of the latest is Fannie Mae will tighten the guidelines for self employed borrowers on October 27 2012. How Tight?? We don’t [read more ...]

Latest Home Price By County in California

The Ranking of Median Home Price of California Counties: San Mateo – $825,000 Marin – $823,980 San Francisco – $741,850 Contra Costa – $698,810 Orange – $567,910 Santa Cruz – $495,000 Alameda – $493,240 Santa Barbara – $477,780 Ventura – $429,520 San Diego – $388,100 San Luis Obispo – $387,500 Sonoma – $359,570 [read more ...]

2012 be the Record Year for Short Sales

2012 is on track to become a record year for short sales, according to a report from foreclosure data aggregator RealtyTrac.

2012 will be the record year for short sale foreclosures

Sales of U.S. homes in the foreclosure process, typically short sales, rose 33 percent year over year, to 35,000, in January. A [read more ...]

Are the Federal Reserve and Its Primary Dealer Banks Manipulating the Stock Market?

The Federal Reserve is rotten to the core.

Real Estate Blog : Residential Commercial Income Investment Property

If the Federal Reserve don’t even have to report to Congress, the President, or any Government entity, why would the Fed report to us!!! They are GOD on their own, and ‘Friends’ with Wall Street and the [read more ...]

Bill would encourage foreigners to buy U.S. homes

A house in San Marino, where median home prices have risen — largely because of Asian home buyers and investors — even as real estate values in the region have declined. (Gary Friedman, Los Angeles Times / January 27, 2011)

Article from L.A. Time. This could be a help of our depressed market. [read more ...]

Quote du jour

“Formal education will make you a living; self-education will make you a fortune.” – Jim Rohn

Don’t Get Scammed! Real Estate Mail Fraud Scam.

Don’t Get Scammed! Real Estate Mail Fraud Scam.

Carbon Monoxide Detector – a new family member in California Real Estate Law

Carbon Monoxide Detector – a new family member in California Real Estate Law

Don’t Get Scammed! Real Estate Mail Fraud Scam.

Don’t Get Scammed! Real Estate Mail Fraud Scam.