6/11/2009 10:12:00 AM
Fannie Mae Asset Manager Cancels REO Deal
Close Fannie Mae deals on time or risk losing the transaction, your deposit, appraisal and inspection fees. Recently, I had a transaction involving the purchase of a Fannie Mae owned foreclsoure (REO) property in Oakley with first time buyers.The contracts ...
Views: 20
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6/11/2009 9:56:00 AM
HopeOptions4You Launched to Provide Hope & Help for Distressed Homeowners
In an effort to help people with distrssed properties in Eastern Contra Costa and the communities of Brentwood, Oakley, Discovery Bay, Antioch and neighboring communities and share my experience and knowledge in the purchase and sale of distressed properties ...
Views: 13
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6/11/2009 9:56:00 AM
HopeOptions4You Launched to Provide Hope & Help for Distressed Homeowners
In an effort to help people with distrssed properties in Eastern Contra Costa and the communities of Brentwood, Oakley, Discovery Bay, Antioch and neighboring communities and share my experience and knowledge in the purchase and sale of distressed properties ...
Views: 0
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2/4/2009 2:13:00 PM
What was this Property Worth – Does it Matter?
Without fail, while showing clients properties or hosting open houses in Brentwood or nearby cities, I get asked “What did this property sell for at the peak?” The response I want to give is “Why does it matter? The market determines value, ...
Views: 96
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2/3/2009 11:50:00 AM
Surge in Brentwood Foreclosure (REO) Home Sales
In 2008, more than 72% of all homes sold in Brentwood and 81% of homes sold in eastern Contra Costa County were foreclosures, also known as REO (Real Estate Owned). Brentwood and eastern Contra Costa housing prices are less than half of peak prices and there ...
Views: 52
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2/3/2009 11:48:00 AM
Brentwood Area Property Taxes
All properties in California have a base tax rate of 1% of the purchase price. In addition, taxpayers in individual cities and counties such as Brentwood and Contra County approve bonds to pay for community facilities, services and schools. Brentwood has no ...
Views: 57
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2/3/2009 11:43:00 AM
Have Brentwood Area Foreclosure Prices Reached Bottom?
Brentwood and Eastern Contra Costa County housing prices are down 60% and greater from peak prices of 2006-2006. Prices of many Brentwood area homes are nearing $100 per square foot, lower than the cost to build. In addition, the monthly payment for the purchase ...
Views: 51
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8/7/2008 11:49:00 PM
Correction - $7500 Tax Credit Is Really a Loan.....
The recently passed housing law contains a $7500 tax credit for first time buyers but it must be paid back over 15 years. In an earlier post, prior to passage, I stated (wrongly) that the new law would allow buyer of properties a tax credit of $7500 ($500/year). ...
Views: 127
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7/28/2008 8:30:00 AM
TAX CREDIT FOR NEW HOME BUYERS - Housing & Economy Recovery Act
********* CORRECTION********* Read article at http://www.fairmark.com/news/08073001-homebuyer-credit.htm for more information on this credit....,. Congress has passed the Housing and Economy Recovery Act of 2008 (HR3221) and President Bush has stated that ...
Views: 393
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7/15/2008 8:41:00 AM
HUD Attempting To Stop Down-Payment Assistance Programs - A Time For Action
The Department of Housing and Urban Development (HUD) has re-issued a proposed rule which would threaten the opportunity for low to moderate income families to access downpayment assistance by eliminating all private downpayment assistance programs. The public ...
Views: 68
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