Opportunity to Improve Home Affordability in California Remains Unchanged

Everyone one of us that live in California know that we live in a high priced home state. “California has the third highest home price in the nation” said California Association of Realtors President William E. Brown. And although we have seen home values drop in most areas, this has only helped a miniscule number of buyers obtain their first home.

Today’s U.S. median home price is at $221,000 in comparison to Read more

November 30th, 2007 · Filed Under Mortgage - Loan Information, Real Estate Information

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Erase Your Debt and Increase Your FICO Credit Score fast and easy….I DONT THINK SO!!

When people are looking to lose weight, they always try to find the fastest and easiest way to do it. Some businesses know this and take advantage of it. They market to those people by telling them to use diets that don’t work and if they do work, the results turn out to be temporary.

The same business platform is used to market to people with poor credit. Consumers with poor credit are always looking to lower their debt and increase their FICO credit score fast so they can in turn purchase a home, car, etc.

But the reality of it is that, Read more

November 15th, 2007 · Filed Under Credit Repair scams

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Apparent Fraud Spills from Century21 SuCasa to Another Agent in San Jose

I had already known a little about this case before the story hit the press. What I didn’t know was the extent of it and how they were getting away with it.

The (anonymous) homeowner who had given me some information months ago called me one day. She had recently seen cameras from the Spanish television news channel Noticias Univision Canal 14 going into the office of Norma Valdovinos in San Jose but she refused to talk to the reporters.

According to the article by the New York Times published on September 25, Norma Valdovinos (license record), real estate agent in San Jose California, Linda Tran and Pablo Curiel were hit with lawsuits in March 2007 by nine families. Apparently these families were Read more

November 10th, 2007 · Filed Under Real Estate & Mortgage FRAUD

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Neighbor’s Gossip Hits The Web

While browsing through the Pittsburgh Homes Daily page I found this interesting article from Jackie Cueno’s blog from Zephyr Real Estate in San Francisco. She explains that one of her clients (which she choose to keep anonymous) told her about a new website where homeowners and soon to be new homeowners can check who Read more

November 8th, 2007 · Filed Under Real Estate Information

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Over the Top Incentives for Buyers in Today’s Real Estate Market

If you are looking to buy a home today, you pretty much know that there are bargains almost in every corner. You as a buyer have the upper hand because there are many homes to choose from. Homes from sellers who simply are looking to move out of the area, others desperate to sell before their ARM loan adjusts and others because they are about to loose their home in Foreclosure and are trying to sell it as a Short Sale.

In addition to benefiting from the increase of inventory in homes for sale, you may also benefit pretty soon from Read more

November 2nd, 2007 · Filed Under Mortgage - Loan Information, Real Estate Information

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Taxing Short Sales and Foreclosures

It is surprising to many that one can loose a home by selling it as a short sale or letting the bank foreclose on it and still be liable for payment of income tax on the amount the lender lost during the transaction (Read the: “Homeowner’s Guide: Short Sales and Preventing Foreclosure“)