Roland Scott @ February 27, 2010 # Comments Off
One of those stories we hear that is worth looking into. If true it may save a life and property.
A house burnt down… nothing left but ashes. Owners have good insurance so the house will be replaced and most of the contents. That is the good news.
However, they were sick when they found out the cause [...]
Roland Scott @ February 26, 2010 # Comments Off
Will the Housing market return to 2005 prices within the next 15 to 20 years? A few reasons why the housing market peaks may take longer than anticipated, if ever.
1. Home sales are dependent upon consumer confidence in the economy, which includes both their personal economy as well as that of the nation. 2. Loss [...]
admin @ January 5, 2010 # Comments Off
Five more months to get in Contract for the Federal Tax Credit for FIRST TIME HOME BUYERS.
Beyond the basics (the definition of a First Time Home Buyer and the fact that you must stay in the home for three years), here are a few of the lesser known talking points:
There is an increase in Income [...]
Roland Scott @ December 15, 2009 # Comments Off
It appears foreclosures across the country are showing some signs of recovery. One reason is banks are seeing the value in short sales vs. foreclosures. Forbes Real Estate ranked cities with the fewest foreclosures. A few California cities made the top 100 list.66. San Francisco Oakland74. San Jose Santa Clara79. Thousand Oaks84 Sacramento Stockton86. Modesto88. [...]
admin @ August 31, 2009 # Comments Off
The National Geographic Society is working with local organizations, businesses and residents to map the best of the Sierra. National Geographic will produce a Geotourism website and print MapGuide to promote travel that celebrates and sustains what is most distinctive about the Range of Light-its scenic landscapes and vibrant local communities; rich biological and cultural [...]
admin @ March 25, 2009 # Comments Off
Montecino & Associates has developed Hope For Owners division out of a very strong need to help homeowners who may be experiencing hardships and may be facing foreclosure.
The Hope For Homeowners division is here to help people in our communities by giving them the information they need to either modify their loan and stay in their [...]
Dennis Fairbanks @ February 26, 2009 # Comments Off
FHA, Fannie Mae and Freddie Mac Loan Limits -The bill reinstates last year’s 2008 loan limits for FHA, Freddie Mac, and Fannie Mae loans. These limits were equal to the greater of 125% of the 2008 local area median home price or $271,050 for FHA and $417,000 for Fannie and Freddie, with an overall maximum [...]
Dennis Fairbanks @ February 23, 2009 # Comments Off
The new stimulus package has a gift for first time home owners. So if you have not owned a home in the past 3 years and you are a renter now is you time. Homebuyer Tax Credit – The bill provides for a $8,000 tax credit that would be available to first-time home buyers for [...]
cfike @ February 15, 2009 # Comments Off
This news blew me away. Nobody can care for and afford fourteen children. Especially one that is single, receives assistance, and lives with her parents. My heart goes out to those children. They will never receive the love and attention a child deserves. The doctors who have allowed this woman to become pregnant are to blame. These doctors [...]
Bulow-Brown @ February 13, 2009 # Comments Off
Stimulus Plan Finalized
Government announcements dominated the financial news this week. Updates on two major programs both were favorable for mortgage markets, and mortgage rates fell modestly during the week.
The most highly anticipated news concerned Tuesday’s speech from Treasury Secretary Geithner on the financial institution assistance plan. This “Financial Stability Plan” involves multiple programs to remove [...]