Welcome to Chino Hills California Real Estate, Gail Griffin Sign in | Help

Browse by Tags

All Tags » Community   (RSS)

Buying a Home with a Pool

Talking Points … As the weather heats up, some home buyers may be considering purchasing a home with a pool. If a home that is in foreclosure has a swimming pool that has been neglected, it’s possible that it’s hiding years of neglect,

More homeowners can get mortgage reduced

Source: San Diego Union Tribune Chase and Wells Fargo are the latest two banks that have agreed to slash mortgage balances as much as up to $100,000 for certain clients through the state program Keep Your Home California. Read the full story

Home Warranties Have Limitations

Talking Points … Some sellers wonder whether it is necessary to offer a home warranty, especially when inventory is low like it is currently. The biggest advantage of a home warranty – which covers breakdowns in major systems – is that

Loan qualifications for retirees

Source: The New York Times Retirees trying to obtain a mortgage may find that a pristine credit history and healthy retirement accounts are not enough. Lenders also are looking for a consistent monthly income in line with their usual debt-to-income standards.

The Road Back to Homeownership after Foreclosure or Short Sale

Talking Points … Some former homeowners who lost their houses to foreclosure or sold their homes via short sales are beginning to wade back into the housing market. However, some credit concerns due to these events are causing concern for would-be

FTC finds an estimated 25.6 million Americans fell victim to fraud in 2011

The Federal Trade Commission has released a statistical survey of fraud in the United States during 2011, which showed that an estimated 25.6 million adults – 10.8 percent of the adult population – were fraud victims. While fast-growing online

California Attorney General awards $9.4 million in grants to assist Californians affected by foreclosure

Attorney General Kamala D. Harris recently announced California’s National Mortgage Settlement Grant Program has awarded $9.4 million to 21 organizations in order to assist Californians affected by the state’s foreclosure crisis. The grants

Regulators roll out streamlined mortgage modification program

Los Angeles Times The streamlined mortgage modification program doesn't require troubled borrowers to prove a hardship, but it won't include principal reductions. Read the full story

Bank of America revises short sale requirements

Bank of America recently issued a new Short Sale Agent Update that revises certain short sale requirements for short sales involving non-government-sponsored enterprise loans in which the homeowner is eligible for HAFA. Key enhancements include: The Short

Audit faults Freddie Mac's oversight of mortgage servicers

Los Angeles Times At least eight big providers of mortgage customer service have failed to properly track and resolve serious complaints about servicing fraud. Read the full story

Federal Trade Commission posts new video to help identity theft victims

The Federal Trade Commission has a new video designed to help facilitators who assist consumers in repairing their identity. Helping Victims of Identity Theft is the latest addition to the FTC’s library of resources that explain not only how to
Posted by Gail Griffin, GRI, e-PRO | 0 Comments
Filed under:

Refinance volume remains strong through January

The FHFA recently released its January 2013 Refinance Report, which shows that refinance volume remained high through the first month of this year. There were nearly 470,000 refinances in January, with roughly 97,600 completed through HARP. This brings

Scant relief in foreclosure payouts

Wall Street Journal The vast majority of borrowers being compensated for mortgage-related abuses will get $1,000 or less apiece as part of a $9.3 billion settlement between U.S. and banks. Read the full story

“Underwater” homes decline nationwide, report says

Los Angeles Times Roughly 20,000 borrowers escaped their “negative equity” positions during the final three months of last year, CoreLogic reported. Read the full story

Housing Trends and Statistics March 2013

What's Happening in Local Markets? Local Market Reports for 150 Metropolitan Housing Markets *Local Prices & State Sales CA - Anaheim-Santa Ana Region Real Estate Market CA - Los Angeles Region Real Estate Market CA - Riverside Region Real Estate
More Posts Next page »