New Loan Limits for El Dorado County - 03/15/08 09:46 PM
Hello all,Just wanted to let you know of the new increase in government loan limits--Along with outstanding price deals on homes this has increased our home sales--Now is really the best time to buy--many investors are out there and we our seeing multiple offers--
The Federal Government anounced on Wed. temporarily increased limits on conforming loans offered by government-sponsored enterprises Fannie Mae and Freddie Mac, from $417,000 to as high as $729,750 in fourteen counties in California for loans originated between July 1, 2007 and Dec. 31,  2008. Fannie and Freddie are reported to be working out new underwriting standards and expect to … (2 comments)

El Dorado County is seeing multiple offers on bank owned and short sale homes - 03/15/08 10:32 AM
Just a note---The Worm is Turning---contrary to news media --the lower priced homes and bank owned homes have sparked buyer's attention and last count, 7, of my last clients who finally decided to pull the trigger found out an offer was placed just before them.  This includes high end homes that are  reduced also. The market is starting to move --the prices are great--the interest rates are great--and if you wait until the news media tells you to start buying, it is too late for the good stuff--remember the news media reports national averages. No, the prices are not coming back … (1 comments)

 
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Diane Broussard

Placerville, CA

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RE/MAX GOLD Real Estate

Address: 851 Pleasant Valley Road, Diamond Springs, Cal, 95619

Office Phone: (530) 295-8440

Cell Phone: (209) 337-8172

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