Attn: Home-Buyers: So Cal Loan Limits set to decrease by 10/01/2011 - 08/31/11 01:59 PM
 
There is a small window of opportunity, but time is running out.  Current Southern California loan limits offer a great opportunity for buyers. Unfortunately, they are set to decrease before October 1st, 2011. That means that homebuyers should start the process as soon as possible to get pre-approved and find a property.
 
Below, we have listed the changes in loan limits for single-unit properties using Fannie Mae and FHA. The difference may affect your ability to qualify for the home that you desire.

Fannie Mae / Freddie Mac Loan Limits by County
Los Angeles County                       
Now:  $729,750                 On … (1 comments)

Home Ownership matters…to people, to communities, and to America. Why? - 08/30/11 01:42 PM
Home Ownership matters…to people, to communities, and to America. Why?
• For every two homes sold, one job is created in the U.S.

• Each purchase generates as much as $60,000 in economic activity over time

Home ownership has a significant impact on net worth, educational achievement, civic participation, health, and overall quality of life. And, home ownership helps create jobs—lots of them—right here at home.Read more: http://www.houselogic.com/articles/home-ownership-matters/#ixzz1WX9XHoXV

Whether you are buying or selling real estate in Southern California’s Inland Empire, we'd be happy to help.



Thanks for the opportunity to be … (1 comments)

CALIFORNIA ASSOCIATION OF REALTORS® applauds Gov. Brown on signing SB 458 into law. - 08/04/11 01:43 PM
CALIFORNIA ASSOCIATION OF REALTORS® applauds Gov. Brown on signing SB 458 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 outstanding balance of all loans.
Under previous law (SB 931 of 2010), a first mortgage holder could accept an agreed-upon short sale payment as full payment for the outstanding balance of the loan, but unfortunately, the rule did not apply to junior lien holders. SB 458 extends the protections of SB 931 to junior liens.
… (1 comments)

 
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Janine Kirchnavy

Ontario, CA

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Prudential California Realty

Address: 1063 West Sixth Street, Suite #101, Ontario , CA, 91762

Office Phone: (909) 945-3662

Cell Phone: (909) 816-9051

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We have been assisting homeowners market and sell real estate and helping homebuyers find their dream homes since 1989. Our extensive knowledge of the Southern California real estate market and can help you find the right home for you or the right buyer for your home. We specialize in listing and selling single-family homes, condominiums and residential income properties 1-4 units, including Standard Sales, Probate and Trust Sales, Short sales and Pre Foreclosures, REO and Bank-Owned homes and HUD properties. Serving the community's real estate needs in the Tri-County area including: San Bernardino County, Riverside County and Los Angeles County. Providing you with comprehensive, high-quality customer service is our top priority. So when you decide to buy or sell your home, please contact us - (909) 945-3662 and let's get started!


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