Buying a condo in the Greater Los Angeles and San Fernando Valley areas is about to get easier thanks to new FHA changes. A famous songwriter refuses to leave his foreclosed home, and interest rates do some crazy things this week.
Enjoy this Facebook Friday video.Â If you have any questions, post below.
. . . → Read More: WAR! What is it good for? Getting squatters out!
For the third consecutive month, foreclosure filings dropped, sinking to their lowest level since July 2007, according to RealtyTracâ€™s April report on nationwide foreclosure activity.
Foreclosure activity, which includes default notices, scheduled auctions, and bank repossessions, fell 5 percent from March to April and were down 14 percent year-over-year.
“More distressed loans are being diverted . . . → Read More: Foreclosures Plummet to 5-Year Lows
California is helping homeowners pay their mortgage through a program called Keep Your Home California.Â Marsia saw a presentation during Congressman Brad Sherman’s Seminar on Refinancing, Home Purchasing & Foreclosure Prevention last February and it looks to be a great program. To find out who qualifies, watch this short video.
Also, Ikea is selling houses . . . → Read More: Is California Really Giving Free Money to Homeowners?
The Los Angeles Department of Water and Power (LADWP) is warning its customers to be aware of a multi-state scam targeting utility customers.
According to reports, con artists have visited customers in person, posted flyers, and used social media and texting to send messages claiming that President Obama will provide a credit or directly pay . . . → Read More: Alert: Multi-State Scam Offering DWP Bill Credits From President Obama
Mayor Villaraigosa’s latest proposed budget includes raising parking fines, especially in the street sweeping category. As the LA Times points out, the fines are high and will be hard on neighborhoods with mostly apartment buildings and too few parking spaces. (See here for more on the numbers involved in LA’s parking and parking fines.)
– . . . → Read More: Here’s What You Could Be Paying For Street Cleaning Tickets
Image: 1937 mural by Buckley Mac-Gurrin depicting the 1781 founding of Los Angeles. The mural once appeared in the Los Angeles Hall of Records, but is now in storage. Photo courtesy of the Los Angeles Public Library Photo Collection.
by Jeremy Rosenberg of KCET
Law: Laws of the Indies Year: . . . → Read More: Laws That Shaped L.A.: Why Los Angeles Isn’t a Beach Town
Increasingly, young people are delaying the pursuit of home ownership because of outstanding student loan debt â€” which now tops $1 trillion, according to the Consumer Financial Protection Bureau.
“Some student loan payments are as high as a mortgage,” notes Cari Sweet-Kostoplis of the Jersey Mortgage Corp.
Student loan debt now surpasses the . . . → Read More: Weighty College Debt Holds Up First Home Purchase
If you or someone you know is considering a short sale, here’s why you should do it before the end of the year or you might lose tens of thousands of dollars.
And if you know someone who needs to know this, please share this video, and remember that we have time to help you, . . . → Read More: Tax Relief Expiring Soon
Daily Real Estate News | Thursday, May 03, 2012
With signs of a housing turnaround getting stronger, housing experts say buyers are finding several recent changes when they go to put in an offer on a home. A recent article at U.S. News & World Report highlights some of these changing â€œrulesâ€ for your home . . . → Read More: 5 New ‘Rules’ to Home Buying
Contact us if you want help figuring out if this settlement could help you or to walk you through the process.
Your Portion of the $25 Billion Settlement
After many months of negotiation, 49 state attorneys general and the federal government have reached agreement on a historic joint state-federal settlement with the countryâ€™s . . . → Read More: Landmark Settlement with Major Banks May Help You