Month: May 2012

Home Exchange

Seen in the latimes.com: The gig: Ed Kushins, 65, is the founder and president of HomeExchange.com, based in Hermosa Beach. It is one of the nation's largest members-only home exchange businesses. What is a home exchange? With 43,000 members, HomeExchange helps...

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CV’s One Paseo Comments

http://www.delmartimes.net/2012/05/07/carmel-valley-residents-voice-opinions-on-pros-and-cons-of-one-paseo-project/ The Carmel Valley Community Planning Board’s regional issues subcommittee tackled the One Paseo draft Environmental Impact Report at its May 2 meeting....

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Near Santaluz

The last video we saw over here (in Santa Monica link) has not gone pending, so where is the market? There are multiple reasons to blame for not selling: 1. It's early in the season (it's not). 2. The right buyer hasn't come along (if they haven't by now, they...

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Throwing Money At Underwaters

From cnbc.com: A select group of struggling mortgage borrowers are about to get an offer that sounds too good to be true. Executives at Bank of America say they will begin mailing 200,000 letters offering certain customers mortgage principal reduction. “If people get...

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How Hot in CV?

New listings have been flying off the market around Carmel Valley, many with multiple offers.   But it isn't universal, and those with defects are being scrutinized carefully.  Everything wrong with this house is fixable - and while it is habitable in its current...

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REO-to-Rental Details

An excerpt from MND: FHFA's REO-to-Rental Initiative, Burns said, is meant to complement the primary disposition strategies used by the GSEs and is intended as a pilot.  Its goals are fairly limited: To gauge investor appetite for scattered site single-family rental...

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