Tuesday, July 22, 2014

Building Wealth Magazine

Real Estate, Investing and Richess for your Body, Mind & Spirit

Home Buyers, Mortgage News

Jumbo Loan Changes Cause a Home Buyer Rush

Jumbo Loan Changes Cause a Home Buyer Rush

More buyers in Rancho Palos Verdes, Rolling Hills and other high end South Bay neighborhoods may be motivated to purchase a home before an Oct. 1 deadline when the government plans to scale back the size of “jumbo” mortgages it guarantees in costly real estate markets. On Oct. 1, the maximum loan amount that Fannie [...]

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Home Buyers, Realtor Tips

Choosing the Right Agent

Choosing the Right Agent

Choosing the Right Real Estate Agent Choosing the right person to represent you in negotiating your home purchase is a major decision. Whenever you see the designation of REALTOR® (with a registered trademark) you can rest assured that person is a member of the NATIONAL ASSOCIATION OF REALTORS® (NAR), and has a commitment to meeting [...]

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Home Buyers, Mortgage News

Jumbo Loan Changes Cause a Home Buyer Rush

Jumbo Loan Changes Cause a Home Buyer Rush

More buyers in Rancho Palos Verdes, Rolling Hills and other high end South Bay neighborhoods may be motivated to purchase a home before an Oct. 1 deadline when the government plans to scale back the size of “jumbo” mortgages it guarantees in costly real estate markets. On Oct. 1, the maximum loan amount that Fannie [...]

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Featured, Inspiration

Paul Potts Inspiration

Paul Potts Inspiration

  “I keep waiting for someone to pinch me and say ‘Wake up, Paul, it’s time for work – you’re late again’.  I feel like I’m on a rollercoaster – a white knuckle ride into the unknown.  And I don’t want to get off!” Britain’s Got Talent winner Paul Potts has spent most of his [...]

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Featured, Foreclosure, Real Estate Investors

California Mortgage Defaults Jump to Record High

California Mortgage Defaults Jump to Record High

Repost from DQNews.com La Jolla, CA.–Lenders filed a record number of mortgage default notices against California homeowners during the first three months of this year, the result of the recession and of lenders playing catch-up after a temporary lull in foreclosure activity, a real estate information service reported. A total of 135,431 default notices were [...]

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Featured, Foreclosure, Real Estate Investors

California Mortgage Defaults Jump to Record High

California Mortgage Defaults Jump to Record High

Repost from DQNews.com La Jolla, CA.–Lenders filed a record number of mortgage default notices against California homeowners during the first three months of this year, the result of the recession and of lenders playing catch-up after a temporary lull in foreclosure activity, a real estate information service reported. A total of 135,431 default notices were [...]

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Jumbo Loan Changes Cause a Home Buyer Rush

Jumbo Loan Changes Cause a Home Buyer Rush

More buyers in Rancho Palos Verdes, Rolling Hills and other high end South Bay neighborhoods may be motivated to purchase a home before an Oct. 1 deadline when the government plans to scale back the size of “jumbo” mortgages it guarantees in costly real estate markets. On Oct. 1, the maximum loan amount that Fannie [...]

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Real Estate Update Dec ’09

Real Estate Update Dec ’09

Contact Lee Williams, Keller Williams Realtor (310) 882-5428 LeeWilliams@KW.com DRE#01726182

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California Mortgage Defaults Jump to Record High

California Mortgage Defaults Jump to Record High

Repost from DQNews.com La Jolla, CA.–Lenders filed a record number of mortgage default notices against California homeowners during the first three months of this year, the result of the recession and of lenders playing catch-up after a temporary lull in foreclosure activity, a real estate information service reported. A total of 135,431 default notices were [...]

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Q&A for the Homeowner Affordability and Stability Plan

Q&A for the Homeowner Affordability and Stability Plan

The following is a Q&A released by the US Treasury Department to answer the folks who are not behind on their mortgage and those at risk of foreclosure and want to know how the $75 Billion Homeowner Affordability and Stability Plan affects them.  Fact Sheet http://www.treas.gov/news/index2.html   Borrowers Who Are Current on Their Mortgage Are Asking:   1. [...]

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President Obama’s Mortgage plan (Text from today’s speech)

President Obama’s Mortgage plan (Text from today’s speech)

  “Today, as a result of declining home values, millions of families are “underwater,” which means they owe more on their mortgages than their homes are worth. These families are unable to sell their homes, and unable to refinance them. So in the event of a job loss or another emergency, their options are limited. [...]

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Mortgage Update – American Recovery and Reinvestment Act of 2009

Mortgage Update – American Recovery and Reinvestment Act of 2009

  President Obama will sign into law the $787 Billion stimulus bill tomorrow in Denver.  There are a number of provisions in this plan that affect California home owners including: 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 [...]

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4.5% Fixed Rate Mortgages

4.5% Fixed Rate Mortgages

The media picked up on the prospect of 4.5% fixed mortgages back in November causing a lot of people to wait for rates to come down to this level before refinancing.  11 straight weeks of interest rate drops lead us to 4.5% fixed rate mortgages for the first time ever!!!  Yay!  But that celebration was [...]

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Bay Area Home Sales Up, Prices Down

Bay Area Home Sales Up, Prices Down

  DataQuick Information Systems, www.DQNews.com La Jolla, CA.—-Bay Area home sales decelerated in November but beat the year-ago mark for the third consecutive month. The allure of discounted foreclosures continued to drive sales in affordable inland markets, which helped push the median sale price down to its lowest point since former President Bill Clinton was [...]

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Your Mortgage Minute – Bay Area – January 2008

Your Mortgage Minute – Bay Area – January 2008

Click “Mortgage News” for the numbers. www.ForeclosureNorCal.com

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Paul Potts Inspiration

Paul Potts Inspiration

  “I keep waiting for someone to pinch me and say ‘Wake up, Paul, it’s time for work – you’re late again’.  I feel like I’m on a rollercoaster – a white knuckle ride into the unknown.  And I don’t want to get off!” Britain’s Got Talent winner Paul Potts has spent most of his [...]

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