Statistic on Distressed Properties in Ornage County Because we get confusing info on distressed properties all the time I looked at the data and found some interesting statistics. I found that over the last two months that if you look at the number of properties sold in Orange County you get ov
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07/03/2011
How Bank of America's Settlement Cost You Money Bank of America will pay $8.5 billion to settle with bond investors. One of those bond would include Pimco in Newport Beach. When Bank of America purchased the mortgage giant Countrywide they also got their grief. They had allegedly tricked the
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07/03/2011
A Little Laughter For Your Sunday Jim climbs to the top of Mt. Sinai to get close enough to talk to God. Looking up, he asks the Lord, 'God, what does a million years mean to you?' The Lord replies, 'A minute.' Smith asks, 'And what does a million dollars mean to you?' The Lord replies, 'A p
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07/03/2011
San Clemente Realtor Mark Paulson Area Market Report 7/3/2011 This weeks market report for San Clemente and surrounding areas from San Clemente Realtor shows that Orange County Median Prices for the resale homes were down 3.1 percent, for new homes it is down 8.6 percent and for resale condos dow
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07/03/2011
If you were looking for affordability in South Orange County this has to be the One to look at it is only $225,000 for this condo in a gated community. It will not last come and purchase your new home or have a great investment. NEW LISTING! 19801 Meadow Ridge Drive # 21 - Trabuco Canyon A bea
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07/03/2011
Housing Inventory Snapshot Every month we put out a housing inventory snapshot of what is happening in Los Angeles, Orange, Riverside and San Bernadino Counties. It is a quick look and the flow and beat of the areas. The comparisons are not always as we think they are or should be. If you watc
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07/03/2011
Will There be a Double Dip? I was talking to one of the agents in my office and we were discussing the housing market were we having a recovery or a double dip in the housing market. She has been an investor in real estate for most of here adult life and wants to purchase more properties but ca
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07/03/2011
Changes to FICO Requirements for FHA Recently banks have adjusted our guidelines on FHA purchase transactions to allow for lower FICO scores for the borrower. However, the guidelines for the maximum Debt-to-Income (DTI) ratios are more restrictive with the lower FICO scores than the standard h
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07/03/2011
Who is in charge here. Who is runing the asylum? All Real Estate is Local I begin to wonder what are economists looking at when they make their predictions? There is nothing that is increasing jobs locally. Gas prices are up, food prices are up and the cotton price is up yet no inflation. Who
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07/03/2011