Understanding "Distressed" Properties
There are many confusing terms out there today regarding "distressed properties." This article will discuss the different terms used in real estate, such as short sale, and foreclosure to help you understand what you are seeing.
Short sale
With the declining real estate market, many owners have found themselves "upside down"..(read more)
2008 PWR Election Results
Thank you for participating in the 2008 Pacific West Association of REALTORS® Election.
On this year´s ballot you were asked to vote on the amendments to the PWR Bylaws. You were also asked to select candidates to serve one–year..(read more)
Short sales: A tough road
As an alternative to foreclosures, short sales are on the rise, but they can test the patience of all involved: sellers, buyers, banks.
By Diane Wedner, Los Angeles Times Staff Writer
June 15, 2008
RESIDENTIAL short sales sound like a picnic: Owners need to sell their homes for less than they owe, lenders forgive the difference and buyers grab a..(read more)
POLICE & FIREFIGHTER DOWNPAYMENT ASSISTANCE PROGRAM
The Police & Firefighter Downpayment Assistance Program provides qualified police officers and firefighters conditional grants of up to $10,000 to be used towards their downpayment and non-recurring closing costs. The conditional grant may be applied to 100% of the borrower's required downpayment and may be forgiven after five years..(read more)
We are pleased to announce that the PWR Opening Doors Down Payment Assistance program will re–open in June, thanks to the generous support of our REALTOR® members who contributed to the PWR Charity Foundation. First–time buyers who meet the criteria may be eligible for up to $10,000 in down payment assistance. Only clients of PWR REALTORS® who contributed to the PWR Charity Foundation..(read more)
JOIN THE BEST, The Best Team @ Keller Williams is Hiring the BEST buyers agents!!!
We are looking to hire on 2-3 buyers agents who are motivated and ready to do what is takes to make $100,000+ per year!
The Real Estate Market is full of change and many Real Estate Agents are having a hard time getting by, we have a solution for you if you are selected to join our team..(read more)
Michael Simpson / The Best Team with Keller Williams and Norma Chacon with Metro Coastal Mortgage have combined forces in a newly formed strategic relationship with a licensed real estate company, Home Buyers Marketing II, Inc. (HBM II). HBM II provides area homebuyers with an innovative and FREE home..(read more)
The Housing Crisis Is Over
By CYRIL MOULLE-BERTEAUX
May 6, 2008; Page A23
The dire headlines coming fast and furious in the financial and popular press suggest that the housing crisis is intensifying. Yet it is very likely that April 2008 will mark the bottom of the U.S. housing market. Yes, the housing market is bottoming right now.
How can this be? For starters, a bottom..(read more)
Fannie Mae to Loosen Policies to Combat Housing Slump (Update2)
2008-05-06 15:54 (New York)
(Adds comment from lender in fourth paragraph.)
By Jody Shenn
May 6 (Bloomberg) -- Fannie Mae, the largest..(read more)
Price Just Reduced $20,000!
TURN KEY
Exceptional 3 bedroom 3 Bath Condo in Signal Hill, California. This is truely a must see. Brand new kitchen, Central Air/heat, washer/dryer, Master bedroom with private balcony, attached 2 car garage! This home is in MOVE IN condition. Seller will pay buyers closing costs.
Do you need 100% Financing? Call us and find out..(read more)
