My mother has been here the last couple of days, and we're off to the airport today. Considering that she lost her husband of 51 years in January, I'm glad to report that she's in good spirits! Thanks to Jeeman for carrying the blog over the weekend - let's expand...
Jeeman was gracious enough to let us tour his new residence in Rancho Santa Fe - but then he sat down for a conversation about his homebuying experience: It is rare that anyone will go on camera to talk about their own personal choices and decisions. My experience...
Jeeman was nice enough to allow bubbleinfo to tour his recently purchased home in the Covenant of Rancho Santa Fe. His purchase is the lowest ranch-style in the Covenant this year - congratulations Jeeman!
A brief youtube tour of the 3,800-acre S-luz:
From NMN, a summary of HAFA, with doubts (more videos coming!): As an alternative to foreclosure, the government's forthcoming program to spur short sales may prove just as ineffectual as the push to modify loans. In a short sale, the borrower sells the home for less...
From the latimes.com - click here for full article: Wynn Bloch has always dutifully paid her bills and socked away money for retirement. But in December she defaulted on the mortgage on her Palm Desert home, even though she could afford the payments. Bloch paid...
From Kelly at the Voice: Somebody bought a home there last month at a foreclosure auction for $810,000, and apparently didn't know that the city of Encinitas has not granted the property a certificate of occupancy, meaning no one can live there. Homes sold at...
From the C.A.R. UNDISCLOSED SHORT SALE PAYMENTS MAY BE ILLEGAL Undisclosed payments in short sale transactions, especially those paid outside of escrow, may violate the law, including RESPA, laws against loan fraud, and licensing laws. Short sale agents have...
From Zach Fox: Recent legislation that increased the net operating loss carryback provision to five years from two years added billions of dollars to homebuilders' earnings reports during their most recent quarters, turning losses into profits for several builders....
From NMN: The SwapRent concept has been slow to find traction and faces some challenges, but its potential benefits make the case that there may be hope for it yet. Among a host of benefits that could be realized from its large-scale implementation is its ability to...
