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Sound to good to be true? Well, it appears to be happening as you read this. A new start-up called Loan Value Group is doing just that. And it appears to be working and gaining interest. According to a recent … Continue reading
Category Archives: Finance
According to reports by the Associated Press applications for mortgage loans declined by 1.5% last week. This may be in part due to the interest rates climbing slightly from the fantastic lows of recent times. The Mortgage Brokers Association reported … Continue reading
The California Housing Finance Agency (CalHFA) announced this week the launch of a new fixed-rate, 30-year, FHA-insured mortgage program for low- and moderate-income home buyers. CalHFA provides financing and programs for low- and moderate-income Californians. The program announced this week … Continue reading
In an effort to help the home owners who have continued to make their payments even though the home is currently worth less than what is owed, the federal government has launched its plan to allow FHA loan refinances for … Continue reading
We think they are! Or at the very least exaggerating the negatives and minimizing or omitting the positives. If you have followed the recent news trends it would seem that real estate has become the brunt of sensationalism again. Are … Continue reading
SB1275, a bill that would have required banks to hold off on foreclosure proceedings while they were negotiating loan modifications with a home owner was rejected this week by the Assembly. This bill would have also required the banks to … Continue reading
Last year California signed into law protection for homeowners who lost their homes through foreclosure. Is essence, the law prohibited lenders from suing displaced homeowners for the loss suffered in market value if the loan was purchase money. This law … Continue reading
My faithful followers have read my comments about real estate as an investment. Some newer readers might think this is just because I am in the business of assisting people with their real estate needs. Even as the market corrected … Continue reading
According to recent surveys and studies, many Americans are. For instance, the 401k seems to be loosing out as the most prominent. As the economic downturn caused many company to reduce or discontinue matching funds in company 401k plans, employees … Continue reading
OK, you know that buying that For Sale by Owner house could be problematic. You really want (dare we say need?) the security of having a Realtor® on your side to protect your interests. Do you just start shopping for … Continue reading