Understanding Higher Loan Limits - The Stimulus Package - 02/29/08 05:02 PM
The recent economic stimulus package, signed into law 13 February 2008, will have an advantageous impact on loan limits. Although the adjustments are temporary, they can benefit certain homeowners who wish to refinance. The stimulus package includes a temporary increase in the Federal Housing Administration (FHA) and conforming loan limits within 'high cost areas.' In other words, more loans will be eligible to be purchased by outside lenders, and therefore the interest rates on many mortgages will go down.
To figure out if your home is in a high cost area, the Department of Housing and Urban Development (HUD) will release … (2 comments)

DownTown Fullerton - A Wonderful Place for Family and Friends - 02/20/08 01:32 PM
After twenty years of steady revitalization, Downtown Fullerton is experiencing a "renaissance" evidenced by a growing number of sidewalk cafes, specialty restaurants, unique shops, entertainment venues, and upscale apartments.
Downtown Fullerton offers a rustic old town atmosphere with a cluster of more than 70 historic buildings, beautiful shade trees, and decorative walkways, providing a comfortable setting to gather with friends, enjoy music, and catch up on the latest news. Downtown is equipped with more than 2,500 "free" public parking spaces to support the over 350,000 square feet of retail and more than 275,000 square feet of office space.
Downtown is more than just … (1 comments)

Gorgeous Views - Top of Raymond Hills - 02/18/08 12:13 PM
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Charming Single Level Bungalow in Friendly Neighborhood - 02/18/08 11:51 AM
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Short Sales - Not as Bad as You Think - There is a Way Out - Avoid Foreclosure - 02/15/08 07:44 PM
Help IS available. There are a variety of reasons Homeowners face foreclosure but luckily there are options available to avoid the impact of a Bank foreclosure. If you are lucky enough to have equity in your home, you can sell at a price that will let you pay off your mortgage and hopefully have money left over to walk away with at closing. But - Do you owe more than your home is worth? If the current market value of your home is less than the amount owing on the mortgage, the answer is a Short Sale. There IS a way … (7 comments)

Stunning Home with Many Amenities in Lower Raymond Hills - 02/15/08 06:49 PM
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Great condition, 2 fireplaces, huge lot - 02/15/08 06:32 PM
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Single level condo, light and bright - 02/15/08 06:08 PM
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Spacious updated home, perfect for entertaining - 02/15/08 05:49 PM
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Open House Today - A beautiful day but no people in Southern California - 02/09/08 02:47 PM
As I sit today at my open house on a day with 81 degree weather, blue skies in Southern California I wonder why no one is visiting my open house.
Last weekend on Saturday I had over 65 people through.  
Could the weather be too nice? I didn't think that was possible.   
I have about 40 signs out directing people from all directions.  There are a couple other open houses with a block or two so even more signs from other Realtors are out there.
With the buzz of the stimulus package and the amount of REO properties active, buyers are chomping at … (5 comments)

The February Jump in Buyers - Now is the time to sell - 02/09/08 02:05 PM
Every Year in February we see a jump in Buyer activity and an overall reduction in inventory.  This year is no different.
Most buyers who have been on the fence for the last year are seeing great interest rates, a choice of whose from which to choose, and prices significantly lower than anything in the past 2 years.
If you are a seller, do not wait for a foreclosure to become active on your street.  It will drop the comps for the neighborhood and buyers know this.
The number of distressed properties continues to increase, and this ultimately means more short sales and Bank … (2 comments)

Stimulus Package Could Hurt - The Same Problem Again - 02/09/08 01:57 PM
With everyone emphatically happy with the stimulus package I don't want to spoil the party but am I the only one who sees a parallel with the lending problem we are trying to get out of?
Let me explain.  With an increased conforming loan limit will inevitably bring buyers into higher priced homes who cannot afford them.  They will get ARM loans - which are conforming - and get a mortgage they can afford for now.
The bill expires at the end of this year.  So, when people need to Refi their now JUMBO loan - we will see a whole new wave … (3 comments)

 
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Adam Brett - Fullerton, California Realtor

Fullerton, CA

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Prudential California Realty

Address: 1431 Harbor Blvd # A Fullerton, Fullerton, CA, 92835

Office Phone: 800977ADAM

Cell Phone: (714) 496-8116

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Interested in selling your home? Contact me to get a professional estimate.
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