4/25/2009 8:57:00 AM
Lenders Shooting Their and Our Foot Again
Mortgage lenders froze lending at the beginning of the mortgage crisis, they haven't made significant concessions in mortgage workouts, they use government money to decrease mortgage rates and now they require larger down payments, higher fico scores, ...
Views: 16
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4/7/2009 5:50:00 PM
Mortgage Relief Fraud
If ANYONE requires an upfront payment to help you negotiate a mortgage default, STAY AWAY. These are fraud schemes. Only your lender can help and the feds are paying them to do so. Call your lender if you are running into problems. An exception - call a law ...
Views: 24
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4/7/2009 4:09:00 PM
Free Mortgage Protection!
First-time homebuyers in California can get up to $1500/month mortgage protection for loss of employment through their Realtor - Free!. Read more http://www.car.org/aboutus/hafmainpage/carhafmortgageprotection/
Views: 22
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4/4/2009 7:54:00 AM
Where are we on the Case-Shiller Index?
Standard and Poors Case-Shiller Index of home prices shows the housing bubble inflation and deflation. We don't have an CS Index for this area, but I suspect a match could be Phoenix AZ, which is also a holiday and retirement area. I've overlayed the ...
Views: 172
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3/29/2009 2:45:00 PM
Crime in the Desert
Realtors keep away from topics that may steer clients to or away from a given area for fear of running afoul of antidiscrimination laws. Buyers should take it upon themselves to investigate an area they are seriously considering. For example, Desert Hot Springs ...
Views: 38
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3/29/2009 11:56:00 AM
Breaking Out REO Sales in Coachella Valley Area
Here is a breakdown of the number of sales of REO and non-REO in the Desert Area MLS. Note the vertical axis represents both number of sales and median price in accordance with the legend. The high number of REO sales and their low price dominates that overall ...
Views: 67
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3/29/2009 11:42:00 AM
Why live in the California Low Desert and not Phoenix or Vegas?
1. Our population is small and spread out enough to maintain a small town atmosphere, but large enough to have world class amenities e.g. join the Bentley Club at Bighorn, shop on El Paseo 2. T here are about 150 golf courses in the Valley's approx. 150 ...
Views: 39
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3/27/2009 8:53:00 AM
Things are looking up?
Mortgage rates at a record low, new home buyer incentives and mortgage default assistance packages, and a recovering stock market . These are confidence builders. There are negative influences too that need to be considered. Take increasing unemployment . ...
Views: 47
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