Marguerite's Blog

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Real Estate Agent - Associate Broker / Teles Properties, Inc.

ARCHIVED BLOG POSTS

2009 

In these days of short sales and foreclosures, we find more and more tax liens, judgments or other similar matters against the sellers. In order for escrow and title to deal with these, they need to be identified very early on in the transaction. All too often, the Statement of Facts needed to cl...
11/29/2009
On Sunday Nov 22, 2009,  two hundred Corral Canyon residents and invited guests gathered at the BeauRivage  Restaurant to observe the second anniversary of the Corral Canyon fire, which burned more than 50 homes. The gathering was an opportunity to express gratitude to public officials who have a...
11/29/2009
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On Wednesday the day before we celebrated our Thanksgiving, the government reported some good news for us.  Sales for new homes were up 6.2% in October over the previous month. The U.S. Census Bureau and the Department of Housing and Urban Development, released that it makes for a  seasonal adjus...
11/27/2009
The Treasury Department announced in October that, after a slow start last spring, its Making Home Affordable loan-modification initiative has resulted in about 500,000 trail modifications. The department said the $75 billion centerpiece of its anti-foreclosure efforts was on track to meet its go...
11/27/2009
According to First American CoreLogic, a major provider of mortgage data said on Tuesday that the percentage of "underwater" homeowners (people who owe more than their homes are worth) is significantly lower than the firm had previously reported. They changed their methodology to take into accoun...
11/25/2009
In todays business section of the Los Angeles Times was an article written by Kenneth R. Harney that stated FHA insured morrtgages could be on the verge of becoming more expensive and tougher to obtain. A independent study found that the FHA's insurance fund reserves are far below the congression...
11/22/2009
November 6, 2009 President Barack Obama has approved the first time  home buyer tax credit extension which will extend the tax credit until April 30, 2010. The extension is part of a $24 billion economic stimulus bill that will extend the $8000 tax credit for home buyers who are purchasing their ...
11/21/2009
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Westside Ballet will present "The Nutcracker" at Pepperdine University's Smothers Theatre on Nov. 28 at 2 pm and 7pm, and Nov 29 at 1:30pm and 5:30pm. For more information go to www.westsideballet.com or by calling 310.828.6211.
11/19/2009
Westside Ballet traditional holiday production of the "The Nutcracker" will offer performances at Pepperdine University's Smothers Theatre on Nov. 28 at 2 pm and 7pm, and Nov 29 at 1:30pm and 5:30pm. For more information go to www.westsideballet.com or by calling 310.828.6211. Westside Ballet's "...
11/19/2009
The Marine Life Protection Act Blue Ribbon Taskforce unanimously approved a propasal banning fishing of all kinds in ocean water off the Malibu Point Dume coast. The restriction covers a stretch of ocean form Westward Beach to just outside Paradise Cove. Also the area from Westward Beach to Lechu...
11/19/2009
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Marguerite Wherry

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