Mortgage delinquencies posted significant declines at the end of 2012, signaling that distress in the housing market is diminishing just …read more Source: Modesto Bee
Monthly Archives:: February 2013
Real estate Q&A: Mortgage insurer can sue after short sale
QUESTION: I completed a short sale on my home, and the agreement didn’t address whether I still was on the …read more Source: Modesto Bee
Popularity of home elevators gets a lift
Actress Jane Fonda bought a home in Beverly Hills, Calif., last year with a feature that might seem counterintuitive for …read more Source: Modesto Bee
Less clutter, more convenience at forefront of real estate trends
Remember when small closets were standard and people simply put their off-season wardrobes into storage? …read more Source: Modesto Bee
Investment companies flock to leading foreclosure market: Florida
The sunken tub inside the master bathroom has potential. But the dusty, dated black countertop is a goner. …read more Source: Modesto Bee
SELLER FINANCING – What You Need to Know
By Steve Seller Financing has been used in real estate and other transactions for thousands of years and still possesses the dual capacity to provide unique investment opportunities with equally unique risks for all parties. This Article is intended to identify the pro’s and con’s of Seller Finance. What’s Great About Seller Financing 1. No […]
All cash buying hits a record in 2012: Parts of Florida see investors buying up 70 percent of all home sales. California all cash buying hit a record in 2012 at over 32 percent of sales.
The amount of investor buying hit a record in 2012. Last year for California over 32 percent of all homes sold for all cash based on property records where no mortgage was recorded with the sale. Some of these homes went to owner occupied sales but the vast majority based on “absentee buyers” signifies that […]
Trinchero Family Estates winery expansion will bring 400 jobs to Lodi!
Trinchero Family Estates is the 4th largest winery in the U.S. Over the next three years it will double production and build a new central bottling and distribution facility in Lodi. The expansion is expected to bring in about 400 new jobs to the area once fully staffed……..and an increase in home demand:)
New Amazon Fulfillment Center Opening in Tracy
Amazon has announced plans to open a 1 million square foot fulfillment center in Tracy this upcoming September. It is anticipated that the facility will provide over 1000 jobs. This combined with the 2500+ jobs created by the new prison hospital in Stockton should result in increased housing demand at a time when housing inventory […]
Why is the Fed Suing S&P and What Does it Mean to You?
On February 5th, the Justice Department announced that it is suing Standard & Poor’s for fraud relating to an alleged scheme to defraud investors which played a significant role in causing our financial meltdown and the collapse of the real estate market. Most people are unaware of what this is all about and who S&P […]