Short Sale Home Buying Strategy

short-sale

Pictured: Kensington Short Sale Search Short Sales in San Diego Short Sale Strategy… Undoubtedly, if you have been shopping for a home in the last year, you understand that short sales have a significant presence in today’s market. A short sale is a property sale where the seller requests that their lender accept a payoff [...]

Obama’s Homeowner Affordability and Stability Plan released

obama

The Obama Administration has released the Homeowner Affordability and Stability Plan, which the Administration hopes will help as many as 9 million homeowners in danger of foreclosure. There are three main components to the plan. The first is aimed at assisting homeowners that still have equity in their homes but currently cannot refinance, the second [...]

California Home Sales Surge; Driven by Foreclosures

California home sales

California home sales are up 51% in December from last year as home prices have been driven lower by  steady foreclosure activity (MDA DataQuick). 19,926 homes (single family detached and condominiums) sold last month in Los Angeles, San Diego , Riverside, San Bernadino and Orange County – that is up from 13,240 a year ago. [...]