Coachella Valley Foreclosure Notices Plummet

ADDED October 22, 2012 0 COMMENTS
Foreclosure_Notice

  The number of all types of foreclosure filings has declined significantly in the first half of 2012 as reported by The Desert Sun on July 22, 2012. The Coachella Valley consists of the larger desert cities of Palm Springs, Cathedral City, Rancho Mirage, Palm Desert Indian Wells, La Quinta, Indio, Desert Hot Springs, Coachella…Read More »

Tax relief on forgiven debt set to expire Dec. 31, 2012. Planning a Short Sale? Better hurry!

ADDED September 13, 2012 0 COMMENTS

Tax relief on forgiven debt set to expire Dec. 31, 2012 Unless Congress and the California State legislature take action, a break for mortgage principal forgiven in loan modifications or short sales will expire at year’s end. The mortgage debt forgiveness issue is only one of approximately 60 expiring tax provisions that Congress appears unable…Read More »

HAFA short sales pick up slightly after rules eased.

ADDED August 10, 2012 0 COMMENTS
iStock_000015377067Small

This information was provided by the CA Association of Realtors®: Short Sale Soundoff: HAFA short sales pick up slightly after rules eased Under the Home Affordable Foreclosure Alternatives program, mortgage servicers completed 6,069 short sales and deeds-in-lieu of foreclosure in June, according to Treasury data. The total equaled roughly 100 more than May and up from less…Read More »

I’m Just Buying A Home, Not Training for the Olympics!

ADDED August 2, 2012 0 COMMENTS
Home Buying & Earning a Gold Medal

Buying a home is not as easy of a task as most people would imagine. It takes time to determine not only what you want and where you want it, but also what you can afford. After those two tasks are nailed down, time, research and organizational know-how are required to ensure a stress-free and…Read More »

Palm Springs real estate: A wave of SHORT SALES are coming!

ADDED August 2, 2012 0 COMMENTS
short-sale-sign1

A wave of SHORT SALES are coming! According to a recent article by Linda Stern with Reuters and by what I am witnessing in my Palm Springs short sale market, there’s a wave of short sales coming in the last half of 2012. Many factors are contributing: 1) the stigma of short sale has been…Read More »

Fannie Mae Reports Optimism in Home Buying

ADDED July 27, 2012 0 COMMENTS
Home Buying & Selling News

You may have noticed more “for sale” signs around your neighborhood of late and that is a sign of change – of positive change – according to Fannie Mae! The housing market is showing definite signs of improvement which is good news, regardless of whether you are a buyer or seller. The Fannie Mae Economic…Read More »

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