Loan Modification & Loss Mitigation Strategies A loan workout or loan modification is an agreement that is negotiated with your current lender that changes the terms of your current loan. Lenders are willing to negotiate when borrowers are facing financial... (Continue reading)
Did you hear about the California $10,000 Tax Credit for the purchase of a newly constructed home? The Legislature for State of California passed a revised budget plan today. Governor Schwarzenegger has promised to sign the historic legislation tomorrow. Included... (Continue reading)
Home prices still falling in S.D., but at slower rate By Roger Showley Union-Tribune Staff Writer 2:00 a.m. February 25, 2009 Related Stories January existing home sales fall by 5.3 percent Home prices in San Diego and four other cities... (Continue reading)
Michael Carter San Diego Real Estate Agent MTC Future Realty (619) 488-5774... (Continue reading)
Fannie Mae can no longer require real estate Broker Company to reduce their commissions to approve short sales. The new policy takes effect March 1, 2009. No longer will Fannie Mae require real estate broker to reduce commission below what... (Continue reading)
The declining housing market and the weary buyers, San Diego real estate agent had to adapt to the changing market. One way is doing a Loan Modification for clienteles that’s about to lose there home or unable to refinance because... (Continue reading)
As a real estate specialist, I don’t mind home prices decreasing because as history shows real estate is still a great way to invest. Home prices will continue to decrease but not forever, at some point it will appreciate higher than... (Continue reading)
It’s a good sign that San Diego County home prices has declined in a slower rate which is one of the signs for market stabilization. San diego Real Estate market will take awhile to recover. When will that be? No... (Continue reading)
NAR has been working in Washington DC to help the Federal Government structure the American Recovery and Reinvestment Act of 2009. As a result of its passage, today HUD published changes to FHA’s single family loan limits. San Diego County:... (Continue reading)
Mike Carter San Diego Real Estate Agent MTC Future Realty (619) 488-5774... (Continue reading)