New Home sales raised 11 % in June, the best news for a long time ... ! - 07/27/09 01:12 PM
 
New Home sales raised 11 % in June, the best news for a long time ... !
New Home sales raised 11 % in June as per Commerce department, this is a strongest increase since last November 2008. Stabilization of housing market is eminent, and of course even price increases , the best news since the slump in housing market in year 2005 .
 
 
Please see me at :
http://www.JohnVostenak.com

… (0 comments)

news on Mortgage Disclosure Improvement Act - 07/17/09 04:16 PM
here it is the Summary for ......... Mortgage Disclosure Improvement Act
Effective with all new loan apps taken JULY 30, 2009
AND ... more hoops to jumps throug foa all of us ...
5 key impacts:
1. Starting with new applications on July 30, 2009, upfront fees cannot be collected, including the appraisal fee, until initial disclosures have been provided to the borrower.
2. Early disclosures must still be provided no later than three days after receipt of a written application.
3. The earliest any home financing transaction can close is seven business days after the borrower is issued his or her … (1 comments)

Home prices are holding steady, and in some cases going over market value .. - 07/07/09 07:14 PM
Home prices are holding steady, and in some cases going over market value, one example, craftsman house in California, North Monrovia of Greystone and Ivy , listed at $698,000 and sold at $925,000 ... with multiple offers .. ! That is one huge gain for anybody now a days ... for ANY area and city ... !
 Otherwise mostly REO's and Shortsales go over market value with multiple offers, charming the multiple oferees with unrealistic and below market listing price ... in a promise of quick gain .. :-)
http://www.JohnVostenak.com

 
… (0 comments)

Insurance Commissioner did his Job Finally! Title profiles are Free again !! - 07/07/09 02:54 PM
Insurance Commissioner did his Job Finally! Title profiles are Free again as it has been for 50+ years for Realtors and Buyers & Sellers.
Good News, as of this morning the FREE title profile include the docs and comps again.  This should be already updated on your online profile searches as well as the ordered ones.
I am personaly very pleased that the Dept. of Insurance is so responsive to industry needs, particularly when it results in tangible benefits to consumers, such as detecting fraud and providing valuable information about the title when taking listings and servicing buyers and sellers.
 
http://www.JohnVostenak.com
… (1 comments)

No more free title profiles for Realtors from title companies - 07/02/09 06:51 PM
Another bad news to already depressed real estate market in California, Greedy politicians dipping in Real estate services' and Realtors' pockets !!!!! There is no more free title profiles for Realtors from title companies, and consequentially free service for consumers from Realtors , offered for last 50 years !!!... who was that self serving no good !XXX! , who created this mess and big problem for Realtors, and for buyers and sellers, .. I ask !!!? I like to see his head to loose and his/her "fat seat" in the next election to somebody of integrity and common sense instead just of Self serving GREED … (2 comments)