Make the Most of The Buying Season

How to Make the Most of the Homebuying Season From Credit.com 6/28/14 Spring and summer are great seasons to take a trip, enjoy the outdoors and try new things. Turns out the months between April and July are also the highest season for homebuying. In fact, usually more than 40% of annual housing transactions happen … Continue reading Make the Most of The Buying Season

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House Flipping Reminders

The 5 Things You Will Probably Forget When Rehabbing a House Flip by MICHAEL LACAVA on JUNE 22, 2014 · 4 COMMENTS inShare62 When rehabbing, we often hear about what we should do and what we shouldn’t do…but rarely do people talk about the things we are likely to forget. Admittedly, one of the most difficult part of house flipping is rehabbing. … Continue reading House Flipping Reminders

S and P/Case-Shiller: Metro home prices up 1.1%

From CNBC 6/24/14 U.S. single-family home prices rose less than expected in April, a closely watched survey said on Tuesday. The S&P/Case-Shiller composite index of 20 metropolitan areas gained 0.2 percent in April on a seasonally adjusted basis. A Reuters poll of economists forecast a gain of 0.8 percent following gains of 1.2 percent in … Continue reading S and P/Case-Shiller: Metro home prices up 1.1%

Homebuying Truths for Millennials in the Market

first time home buyer

From AOL Real Estate 6/24/14 ​Homeownership might not have the same status to millennials that it had to earlier generations, but there are still many who want to buy. In previous generations, many people bought "starter" homes while in their 20s or 30s. The world moved at a much slower pace then. People tended to … Continue reading Homebuying Truths for Millennials in the Market

Harp 2.0

Do you need some help with getting your home refinanced and are unable to qualify due to property value being less than what you owe? The HARP program has been extended to December 2015 to help out homeowners like your self. The following information take directly from the http://www.makinghomeaffordable.gov website so feel free to go … Continue reading Harp 2.0

New to the market? 10 tips for first-time homebuyers

From OCregister.com 3/16/14 Statistics show that number of first-time buyers is falling. A California Association of Realtors survey showed, for example, that about half as many first-timers bought houses in 2013 as in 2009. DataQuick reported that FHA loans, which first-timers rely on, fell to 1 in 10 mortgages in Orange County last month, less … Continue reading New to the market? 10 tips for first-time homebuyers

14 Sneaky Mistakes that Can Decrease Your Home’s Value

From House Beautiful Magazine 6/19/14 Thinking of selling your home...even one day? Real estate experts weigh in on the unexpected little details that could cost you big time in the long run. 1. Choosing a crazy exterior color "Curb appeal is huge, don't pick a paint color that isn't common in your neighborhood or doesn't fit … Continue reading 14 Sneaky Mistakes that Can Decrease Your Home’s Value

Don’t let bad finances stop you from getting a mortgage

Before you apply for a home loan, make sure your finances are in order - or your application may fall into the rejection pile. From Yahoo Homes 6/24/14 When you find the perfect house and you're ready to get a mortgage, your financial history may be more important than you think. "There are so many … Continue reading Don’t let bad finances stop you from getting a mortgage

Home Flipping Returns Spike in 2013

From DSNews 6/22/14 Home flippers reported more gains in 2013 than in any year on record, according to national real estate brokerage Redfin. The average home flipped last year was sold for $90,200 more than it was purchased, and in 11 of the 30 markets Redfin analyzed, flippers received gains of more than $100,000 per house. Redfin considers … Continue reading Home Flipping Returns Spike in 2013

Many homeowners with loan mods face rate increases

Half of all owners with active Home Affordable Modification Program modifications reside in just four states: California, Florida, New York and Illinois. From LATimes.com 6/22/14 Whether HAMP participants realize it or not, mortgage rate reductions last for only five years. Some homeowners with HAMP loan modifications may see monthly payments rise by $1,724. If you … Continue reading Many homeowners with loan mods face rate increases