distressed homeowners: Sitting On The Fence?
- 10/11/11 04:02 AM
Sitting On The Fence?Let there be no doubt; It's a great time for investors with:However, for the fix and flip crowd or the faint of heart I would still hold tightly to the reins, play your cards close to the vest and keep your hard earned cash where you can feel it. At least in the San Diego market. Nothing wrong with fence sitting a bit longer. In fact I'm sitting on the fence, unless the deal is just too good to pass up. Until after I see what our next president and Congress is all about and what kind of leadership we'll be getting from (0 comments)
distressed homeowners: FYI: House Fails to Vote on Extending Loan Limits
- 10/10/11 10:24 AM
FYI: House Fails to Vote on Extending Loan Limits This is a re-post from REALTOR MAG that I thought I'd pass along. DAILY REAL ESTATE NEWS | MONDAY, SEPTEMBER 19, 2011 Conforming loan limits on government-backed mortgages at Fannie Mae and Freddie Mac are set to expire on Oct. 1, because attempts to extend them haven't gain traction in Congress. In 2008, Congress raised the limits up to $729,750 in some areas to make larger mortgages available in high-priced housing markets. The limits will drop to $625,500 on Oct. 1 in the many areas of the country, mostly affecting housing (0 comments)
distressed homeowners: Walk Away From A House That's Underwater BY $200,000?
- 06/08/11 05:37 AM
Walk Away From A House That's Underwater BY $200,000? I have answered this question so many times lately it's become my pet peeve. When I read questions like this it raises the hair on the back of my neck so get ready for my rant. $$$$If you like, or more importantly love, your home and can afford it without any undue financial strain or trauma you should belly up to the bar and follow through with your contractual commitment. My home of 30 years is just that. My Home!! I have raised 5 children here, have almost 12 grand kids who absolutely love Poppy & Tana's HOME! (16 comments)
distressed homeowners: we have a pool of investors who are looking for buy/rehab/flip and buy/hold/lease opportunities in San Diego and South Riverside County.
- 02/14/11 10:25 AM
We have a pool of investors who are looking for buy/rehab/flip and buy/hold/lease opportunities in San Diego and South Riverside County. John Arendsen Contractor Encinitas, CA A moment ago - Home Buying in San Diego County - No answers We are looking for properties that will cash flow for the buyer/owner as a rental/lease. Our buyers are willing to put 25% or more down if they can obtain good properties with either existing leases in good standing with good tenants. We also have investors who are looking to buy/rehab/flip foreclosures and short sales. We can provide a turn key, one stop (0 comments)
What do you think will be the next San Diego Real Estate trend? John ArendsenContractorEncinitas, CA Do you think it will come from distressed properties i.e. foreclosures, short sales, probates, etc. Or do you see it coming from baby boomers wanting if not needing to downsize or perhaps Xr's and Yr's trying to enter the market? Or from foreign investors wanting to buy into our climate and lifestyle? (0 comments)