9/3/2008 4:54:00 PM
End in Sight for Seller-Funded Down Payments
Prospective homeowners have until October 1, 2008, to use down payment assistance from a seller to purchase if they intend to finance the house with FHA backed mortgage. The Housing and Economic Recovery Act of 2008 signed into law in July bars such seller-funded ...
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8/29/2008 3:26:00 PM
Is it our Sarah for Vice President?
Growing up in Alaska makes you an Alaskan wherever you live and this morning I was, along with many others, surprised to hear that John McCain had selected Alaskan Governor, Sarah Palin, as his running mate. As much as I tried to write my Rocklin & Roseville ...
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8/27/2008 4:06:00 PM
Meet Darci Mercer
We are delighted to announce Darci Mercer has joined our MagnumOne Realty family. She comes to us from Coldwell Banker where she worked on a successful team. Moving to MagnumOne will allow her to continue to work in a team atmosphere while building her own ...
Views: 17
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8/25/2008 4:23:00 PM
New Listing in Rocklin Highlands
We have a new listing in one of Rocklin’s most desirable neighborhoods, The Highlands. Located at the top of Sierra College Road this is a semi-custom single level Tim Lewis home which has upgrades galore and has been wonderfully maintained like a new. ...
Views: 15
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8/21/2008 1:21:00 PM
Cautiously Optimistic
There are still many unknowns including a new wave of foreclosures, rising unemployment and the aftershock of the credit crunch but the increase in home sales in the Sacramento area is encouraging. We still have way too many bank owned properties and inventory ...
Views: 19
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8/15/2008 1:08:00 PM
New Era in Housing
The more I have been reading about the Housing and Recovery Act the more I believe it is the first critical element in the beginning of a new era in the housing industry. If you are interested in learning why I feel this way, check out my column, New Housing ...
Views: 21
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8/11/2008 2:08:00 PM
Californians to Get Refunds From Kickback Suit
Hundreds of thousands of Californians are expected to share in a $35 million settlement of a lawsuit that accuses some of the nation’s largest real estate brokers of taking kickbacks. A federal judge in Los Angeles still must sign the agreement. The ...
Views: 19
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8/11/2008 1:03:00 PM
Is there a bail out?
I have read a fair number of blogs complaining about the governments “bail out” of people who over borrowed and companies who were responsible for much of the credit crunch. I don’t think the Housing Recovery Act is a mistake because it would ...
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8/5/2008 12:16:00 PM
Good News for First Time Home Buyers
The Housing Recovery Act of 2008 contains a tax credit for first time home buyers which will be beneficial here in the Sacramento real estate market. Although it is actually a loan, repayment is stretched out over 15 years and is interest free. The maximum ...
Views: 31
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8/1/2008 2:37:00 PM
Guest Author - Louise Buford
Guest Author – Louise Buford Here we are in August! It was three years ago this month when the super hot Sacramento real estate market hit the wall. Since then it has been pretty much down-hill since then with prices declines ranging from 28.5 percent ...
Views: 33
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