FHA rehab what? You mean there are still loans available to help fix up a house? S-WEET!Here is the scoop: The FHA-backed 203(k) rehab loan is an increasingly popular option in today’s market because so many available properties, especially foreclosures, are in need of repair. And let me tell you, I have been in plenty [...]
This is worth a chuckle: http://www.youtube.com/watch?v=SM7oWKgCVo4
The number of mortgage default notices filed against California homeowners fell last quarter compared with the prior three-month period, the result of lenders’ evolving foreclosure policies, an uncertain legislative environment and an uptick in the number of mortgages being renegotiated, a real estate information service reported. “It may well be that lenders have intentionally slowed [...]
If you are behind in your mortgage payments, or headed in that direction, you have options. The NID Housing Counseling Agency is offering free Housing Counseling Clinics for homeowners having difficutly maintaining their monthly mortgage payements because of: -Property Value Decline/Can’t Refinance -Situations beyond your control -Increased Mortgage Payment -Adjustable Rate Mortgage -Loss of income/job [...]
Real estate flippers got a new set of marching orders last week — at least those flippers who want to use FHA mortgage financing.The Federal Housing Administration issued long-awaited final regulations on property flips last Wednesday. The rules take effect nationwide July 7. Flipping involves resales of houses or other real estate shortly after acquisition, [...]
A minute in the life of Berkeley Real Estate Agent and Business Coach, Krista Miller. Hold on tight and check back often! The real estate market in the East Bay is movin’ and shakin’ and will surely keep you on your toes…