3 Reasons Why Home Sellers May Miss the Boat Di Matteo Group With home prices steadily rising in most areas of the country, a lack of inventory of homes for sale, and plenty of demand from buyers before the spring selling season even begins, some home sellers may find themselves missing the boat all together. […]
Fannie and Freddie set limits on short sale flipping
In what appears to be an effort to curb investors from taking advantage of distressed homeowners short selling their homes, Fannie Mae and Freddie Mac announced changes to their servicing requirements for short sales. The most notable change is the addition of a deed restriction which prohibits the buyer of a short sale from selling […]
Headlines in Real Estate for week ending August 24th 2012
4 year high for home prices, the investor effect, short sales and much more. Here are your real estate headlines you may have missed this week: California home prices near 4-year high (via Orange County Register) California home sale prices came close to a 4-year high in July, with the pace of sales year-over-year growing for […]
Headlines in Real Estate for week ending August 3rd 2012
Strong improvement in home prices, break even after 3 years of home ownership and much more. Here are the real estate headlines you may have missed this week: For renters, buying a home pays off after three years on average (via Los Angeles Times) A new analysis by real estate website Zillow shows that, on average, […]
Headlines in Real Estate for week ending July 13th 2012
Will FHA need a bailout? California signs Homeowner Bill of Rights into law and much more. Here are the real estate headlines you may have missed this week: California Homeowner Bill of Rights signed into law(via HousingWire) California Governor Jerry Brown signed into law yesterday the Homeowner Bill of Rights to help struggling Californians keep their […]
Fannie Mae Assists Struggling Military Families
The Federal National Mortgage Association also known as Fannie Mae announced plans to assist military families stuggling to keep up with their mortgage payments due to death or injury of a service member. The plan outlines a 6 month reduction or even suspension of their mortgage payments to allow these families to get back on […]
Foreclosure – A Safe Place To Know Your Options
In this volatile real estate market we’ve been experiencing for the last few years, we’ve all been affected by it in some way or another. With most of us upside down on our homes, many have fallen on hard times unable to keep up with their monthly mortgage obligations due to the current economic downturn […]