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Important: New financial guidelines for investors
Freddie Mac Cuts Maximum Number of Financed Properties Freddie Mac recently announced guideline changes that will greatly affect residential real estate investors. Beginning August 1st, 2008 the following changes will go into effect: A borrower may not have more than four financed 1-4 unit properties, including the subject property. For cash out refinances the borrower [...]
Hawaii Real Estate
So I am back from my extended vacation. Spent some time in Maui and Kauai. While I was there my husband and I poked around at real estate, of course. We were suprised to discover that much of the land is still purchased using a land lease. What is a land lease? Wikipedia says that [...]
The nitty gritty on the short sale
Short sales. No, they aren’t sales that close quicker than the standard 30 days (by Bay Area standards). In a nutshell, a short sale is when the amount the borrower owes in loans is higher than what the property would sell for. Many lenders will allow the property to be sold for less than the [...]
HESA Do’s and Dont’s For Agents and Brokers
It’s all over the news: foreclosures are on a rise throughout the state. A foreclosure is started with a lender records a Notice of Default, or NOD, against a property. Agents and brokers beware–if a NOD has been recorded against the property you must adhere to the Home Equity Sales Act. In order for HESA [...]
Top 10: Real Estate Reading 2007
Give one as a gift or curl up on a couch with one. Here is the San Francisco Chronicle’s top real estate books of the year. 1. “Trump Style Negotiation” by George Ross. This book offers insights into Donald Trump’s big-thinking negotiating style. 2. “Buy Even Lower” by Scott Frank and Andy Heller. Aimed at [...]
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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…
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February 1, 2012
By Krista Miller
January 31, 2012
By Krista Miller
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Berkeley Hills Realty
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510.612.5546
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