Short Sale Homeowner -Good News!

The real estate market is still weighs heavily in favor of the buyer. However if you or a friend have fallen on hard times and have to short sale here is some good news for you! Governor Jerry Brown signed SB 458 into law. SB 458 extends the protections of SB 931 to...

Foreclosures fall for 8th straight month

Foreclosure filings experienced their eighth straight month of declines, according to RealtyTrac. In May, filings fell 33% from a year earlier and 2% month-over-month, according to the online marketplace of foreclosed properties. The number of homes that were...

Buying an REO Property -Things to know

We see them everywhere these days. In every type of neighborhood. They are also accounting for many of todays transactions. In short an REO closing or purchase is one in which a lender or bank is reselling property following foreclosure. The property is usually one of...

Goodbye, Renters Market

Goodbye, renters market: Rents grow as demand increases As people wait out the market to buy homes, landlords will continue to raise rents nationwide. The good times are over for renters. At the start of the housing bubble, the rental market stumbled as landlords were...
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