Hat tip to jerry for sending this along:
Year: 2011
Quality Repairs Help the Sale
I take great pride in my proprietary gear, developed solely for my valued clients.....
Fannie/Freddie Death March
From HW: Republicans in the House of Representatives unveiled seven more bills Friday to reform the government-sponsored enterprises for a total of 15 since March. Rep. Scott Garrett (R-N.J.) is chairman of the GSE subcommittee and leads the GOP effort to wind down...
NSDCC April Sales
There were quite a few rumblings yesterday about how April sales were down 9.2% in Southern California, with this justification - from the latimes.com: "Sales have been far below average for quite a while and there's little doubt there's pent-up demand out there. But...
Pay Extra for Skids?
This REO has been on the market for almost two weeks - the urgency of a fresh new listing is gone. Today we're seeing if the repairs that were just completed might help to re-ignite interest:
ARM Recasts Coming
From Reuters: Remember way back in 2006, when everyone was in a frenzy to buy a house, any house, with whatever mortgage they could grab? In many cases, it meant signing up for adjustable-rate mortgages that would reset in half a decade. Move forward those five years...
Mello-Roos to Increase?
From the Coast News: Those who own property in the Encinitas Ranch might want to take a closer look at your Mello Roos Taxes. They are going to increase. Encinitas City Council voted 3-1 April 27 to allow the Encinitas Ranch Golf Authority, or ERGA, to pay themselves...
Today’s Market Conditions
This is a great depiction of today's market conditions - way to go Eric! Eric Wolff, North County Times Lenders outplay traditional sellers - Setting lower prices means they get their bid Lenders are doing better than individuals in pricing houses for quick sales;...
Dolphins at Blacks Beach
We’ve Been TMZ’d
Three people have already sent me copies of the N. Y. Times' article on lower loan amounts. We've already covered it here, but let's look at a simple comparison, using WFB rates at 1 point cost: Monthly payments on $697,500 at today's 4.625% super-conforming rate =...