U.S. expanding foreclosure prevention plan
The Obama administration yesterday announced additional efforts to stem foreclosures by offering lenders and homeowners incentives to cut payments on second mortgages, write down balances on first mortgages that are underwater, and repay loans in a timely fashion. The U.S. Treasury Dept. also wants lenders and their customer-service agents to [...]
Entries from April 2009
April 30, 2009
U.S. expanding foreclosure prevention plan
April 29, 2009
Foreclosure activity increases 9 percent in first quarter
Foreclosure activity increases 9 percent in first quarter
Foreclosure filings — default notices, auction sale notices and bank repossessions — were reported on 803,489 properties in the first quarter, a 9 percent increase compared with the fourth quarter of 2009 and an increase of nearly 24 percent from the first quarter of 2008, according to a [...]
April 27, 2009
San Gabriel Bank Owned Properties – San Gabriel REOs
As of today, Monday April 27,
there are only 6 bank owned properties in San Gabriel.
Below you can see the street name,
asking price,
how many bedrooms and bathrooms,
year built,
living area sq ft,
and lot size.
Coolidge DR SAN GABRIEL, $694,500 6/4.00 1939 2,427 sf, 7,506 sf,
Olney ST SAN GABRIEL, $264,900 2/1.00 1958 756 sf, 3,088 [...]
April 26, 2009
7 Selling Mistakes you don’t want to make
“SEVEN SELLING MISTAKES YOU DON’T WANT TO MAKE!”
Mistake #1 — Pricing Your Property Too High
Every seller obviously wants to get the most money for his or her
product. Ironically, the best way to do this is NOT to list your
product at an excessively high price! A high listing price will cause
some prospective buyers to [...]
April 26, 2009
Thinking about selling your home? – How to sell your home fast in San Gabriel Valley
Dear Friends
Thinking about selling your home? Studies by the Newspaper Association of America show that the #1 source of information for home buyers comes from driving around in the areas they would like to live in. These hot prospects want and need immediate details about your home. So I would like to be at your [...]
April 26, 2009
FORECLOSURE TOUR – April 2009
WOW!
Another great foreclosure tour today -
We met in Team NuVision Headquarter this morning
21 excitied buyers and investors started to show up
this morning at 8:30AM.
Many THANKS to Kenny Richardson of ELITE HOME INSPECTION
company for sponsoring breakfast this morning!
Also, Congratulations to MELISSA for winning the free 3days/2nights
vacation!!!
Showing up on-time is worth it!! you never know you will [...]
April 21, 2009
2009 Trip to Vancouver – Canada
Venny and I took a mini vacation to Vancouver – Canada
from friday April 17 – monday April 20.
It was a fun short break – I miss all of you tough
Well, if never been to Vancouver, Canada, then
you should go -
Very friendly people and the air is very clean,…
Our flight home to Los Angeles [...]
April 7, 2009
Housing Stimulus Laws for 2009
Source: CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R)
Credit is given to the C.A.R. Legal Department
TABLE OF CONTENTS
I. Introduction
II. American Recovery and Reinvestment Act
A. First-Time Homebuyer Tax Credit (Questions 1 to 20)
B. FHA, FANNIE MAE, AND FREDDIE MAC Loan Limits (Questions 21 [...]
