Alex E Hunt

Real Estate Agent - ZipRealty Inc.
California -On July 15 2011, Gov. Jerry Brown signed SB 458 (Corbett) into law.   SB 458 extends the protections of SB 931 (2010), to ensure that any lender that agrees to a short sale must accept the agreed upon short sale payment as payment in full of the total outstanding balance of all loans....
The program will allow homeowners to transfer title to Fannie Mae and sign a one-year lease, with possible  month-to-month extensions after the lease expires. Fannie Mae spins this as a way to avoid foreclosure and protect the borrowers credit...........I really don't see it helping the credit is...
It looks as if the president will sign a bill extending the popular $8,000 credit for first-time homebuyers. The credit, would be available through next June as long as the buyer signs a binding contract by April 30. The  bonus here is that the program is expanded to include a $6,500 credit for e...
  You must have closed on the property before Dec. 1, 2009, and you must immediately occupy it as your primary residence. Since it is taking 60 to 90 days to close a transaction, it would wise to get a house under contract To close before the deadline. Once you have closed before the dead line Ta...
    Just when I thought I had mastered the changes a new issue reveals itself. I understand the need to police appraisal fraud and the need to protect the public with the mortgage disclosure improvement act. However change has slowed the close of escrows,cause for concern from the Realtors I work...
The National Association of Realtors report strong sales during the second quarter of 2009. Combine this news with low rates, lower home prices, first time home buyers tax credit, and an FHA program allowing FICO scores as low 530 . I see the the trend continuing in the months ahead. Sign up for ...
Does anyone really care?  We were trained to listen and make it happen. I remember my very first loan in 1986 and  it was a personal loan for $2,500.00 secured with household goods at  about 30% 36 month term. It felt good to hand over that check to the client and see his face. That smile....... ...

Alex Hunt

Realtor - Long Beach, CA
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