westsidehomefinder.com recently blog posts | Friday 2-24-12

Happy Friday everyone! I hope you had a great week and are looking forward to a successful weekend!

Million-dollar foreclosures rise as rich walk away

Happy Friday everyone! We hope you had a great week and are gearing up for an even better weekend! This weekend has a lot of events from the Oscars to the NBA All-Star game. We wanted to share this news article with you from CNN Money. It really hits home with luxury real estate and… Read More

New Venice Real Estate Listings | Friday February 24th 2012

TGIF everyone! We hope you had a great week and are ready for an even better weekend! Here are the newest Venice Real Estate listings: 

New Santa Monica Real Estate listings | Thursday February 23rd 2012

Happy Thursday everyone! Here are the newest Real Estate listings in Santa Monica: 

How to Apply and Get your Mortgage

An important step to becoming a homeowner is completing your mortgage loan application (officially referred to as the Uniform Residential Loan Application). This is a lengthy application that documents your personal information (Social Security Number, date of birth, etc.), employment information, assets and liabilities, mortgage terms and much more. You’ll want to work with your lender… Read More

President Obama Speaks on Landmark Housing Settlement with Banks

The President announces a landmark settlement between the government and the nation’s largest banks that will speed relief to the hardest-hit homeowners, end some of the most abusive practices of the mortgage industry, and begin to turn the page on an era of recklessness that has left so much damage in its wake. Read the… Read More

Interesting House Facade for Modern Mexico Design

Guadalajara-based Agraz Architects designed this Mexican modern architecture with a most interesting house facade to make a lasting impression from every angle. This concrete house, occupying a corner lot, offers a unique face for every direction, enhancing the street view as much as its benefitting its own design. The concrete walls lend the house a… Read More

HUDs Donovan: Fannie, Freddie Should Embrace Loan Forgiveness

Happy President’s Day everyone! We hope you are having a great holiday and catching up on family time and needed rest! This video from the Wall Street Journal is definitely a must watch… 

Can A Seller be Sued For Interference?

Q: If I am in process to buy a house and it’s a short sale, can the seller order me to pay for the property appraisal and home inspection? And by me not knowing I wasn’t supposed to do so, the loan was turned down through the FHA. Can I sue the seller? –topaz1960, Pasadena,… Read More

The Closing Date Keeps Being Pushed Back, What Can I Do?

Q: Two weeks before Christmas I was told that someone wanted to buy my house and that their loan was already pre approved. My agent said that the closing would in early January. The papers I signed said January 27th. Later I was told that it would be the 30th or 31st. Then I was… Read More

What is an REO?

An  “REO” is a commonly-used acronym for “real estate owned” by banks.  Instead of an individual person or persons owning the property as in a typical resale transaction, a bank owns the property instead.  The bank typically acquires title to its REO properties through the foreclosure process.  However, REO properties may also be acquired through… Read More