Author Archive
To Remodel or Not To Remodel-That is the Question
December 4th, 2008
If you’re considering remodelling you’re probably wondering what impact the project will have on the value of your home. Not all projects are equal in this regard.
A recent article (RISMEDIA) presents the results of a 2008 study of cost versus value for several types of remodelling projects. Here’s a synopsis of the information:
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Mortgage Modification - Answers to Common Questions
November 20th, 2008
In a recent CAR newsletter is stated that October 2008 saw a 25% increase in foreclosure filings over the same month last year. While the great majority of mortgages are being paid on time, there is no denying that a significant number of American housholds are having trouble paying their mortgage.
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News From C.A.R.
November 11th, 2008
California Association of Realtors news for consumers - topics include mortgage update, foreclosure news, looking for equity opportunities, etc. Some pretty good stuff in here.
http://www.car.org/media/pdf/Beyondtheheadlines_110608.pdf
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Great Article On The Financial Bailout
November 11th, 2008
This is one of the best articles on the bailout I have seen to date. There is a timeline at the end of the article that places all the major events leading up to the bailout, in order giving a very good perspective on how we got where we are today.
http://rismedia.com/wp/2008-11-01/bailout-will-it-help-restore-real-estate-consumer-confidence/
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Tax Credit for First Time Homebuyers
October 22nd, 2008
In an earlier post I talked about the $7500 tax credit for first time homebuyers, for the purchase of a home (see related post below). Here is a flyer that gives the specifics of the program:
taxcredit
There is a great deal of change happening in the lending industry right now. We are hearing some indications that
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Foreclosure Activity - 10/13/08
October 14th, 2008
Here’s an update of foreclosure activity in our market area.
Information for May and Octoberl is incomplete as follows:
NOD - May is last 2 weeks, October - first week only
REO - May is last 2 weeks and no dollar amounts were reported
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Some Good News For the California Housing Market
October 8th, 2008
We are beginning to see some good news in the housing market indicating we are at or approaching the bottom. Please read the following article from Property Sciences, a very well respected appraisal review company. Thanks to Geno Andrade (The Bridge Mortgage), our lending partner here at Real Estate Professionals, for passing this piece of information along:
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5 Things You Should Consider To Get Your House Sold
October 6th, 2008
The 3 most important factors (wait a minute, 3 (?), he said 5, what’s goin on here). Bear with me now, the 3 most important factors when selling a home are:
Location, Location, Location. Ok, that’s a really old real estate axiom, that is nonetheless very true. If like the rest of us, you can’t move your house to a better neighborhood
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