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Author Archives: Michael McFarlane

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More Help for Military Members Facing Foreclosure

Posted on 5. February 2012 by Michael McFarlane
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The members of our military preform a valuable service to our nation (us).  Because of that they are treated a bit differently than the general population.  There are programs to help with crisis & stress, housing, etc.  Since their needs … Continue reading →

Posted in Finance, Real Estate Market | Leave a reply

More Refinance Help and/or Hope

Posted on 3. February 2012 by Michael McFarlane
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In our last post we highlighted some of the confusion in the refinance spotlight, and some hope.  A post today in the Los Angeles Times: Business ($read it here) announced another attempt by the federal government to get the housing industry woes … Continue reading →

Posted in Finance, Real Estate Market | Leave a reply

Loan Modifications: Whom to Believe

Posted on 1. February 2012 by Michael McFarlane
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Interest rates are at historic lows.  Many currently active loans were written at MUCH higher rates than are currently available.  Refinancing can save hundreds of dollars each month.  For many, it can even mean the difference between staying in their … Continue reading →

Posted in Finance | Leave a reply

Home Sales and/or Purchases now Harder with FHA Loans

Posted on 25. January 2012 by Michael McFarlane
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FHA loans have always been a great way for a young (just beginning) family to get into home ownership.  They require less down payments, have lower requirements for income and other qualifications.  They are generally guaranteed by the government. However, … Continue reading →

Posted in Buying a Home, Finance | Leave a reply

State Finds Untapped Money Source!

Posted on 21. January 2012 by Michael McFarlane
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Proposed changes in the Governor’s Budget call for “consolidating” some agencies.  One of those would be the DRE (Department of Real Estate).  It is all dressed up as a way to save money by eliminating duplicate expenses, thereby reducing the … Continue reading →

Posted in Uncategorized | Leave a reply

Expanding into the Spanish Communities

Posted on 18. January 2012 by Michael McFarlane
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For some time our Spanish speaking friends have been at a bit of a disadvantage in the real estate world.  While some, like us, have realized the importance of nurturing relationships, it is a difficult task when a language barrier … Continue reading →

Posted in Real Estate Market | Leave a reply

FHA anti-Flipping Rule Exclusion Extended

Posted on 5. January 2012 by Michael McFarlane
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Some time back, in an effort to protect the public from predatory practices the FHA laid out some very strict rules regarding how investors could, or could NOT, use federally insured loans to finance their business.  Flipping is the general … Continue reading →

Posted in Finance | Leave a reply

Happy New Year!

Posted on 2. January 2012 by Michael McFarlane
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However you celebrate it, have a happy and safe New Year, and as 2012 improves, so does my wish for your prosperity! … Continue reading →

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Mortgage Modification and Foreclosure Prevention Counseling

Posted on 30. December 2011 by Michael McFarlane
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As you faithful readers know, Encore Real Estate Services has assembled a team to help distressed homeowners (and now in two cases co-signers) who are having trouble making their mortgage payments.  That team, the Home Rescue Group has had very … Continue reading →

Posted in Finance | Leave a reply

Merry Christmas

Posted on 27. December 2011 by Michael McFarlane
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… Continue reading →

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