Inland Empire

Washington, DC, November 16, 2010 Although the recent trend of rising long-term borrowing rates may mean higher mortgages for consumers in the coming months, the greater obstacles to housing market recovery are job creation and availability of credit, according to a National Association of REALTORS® analysis. “Modest changes in mortgage rates are less important to » Read more  

The recent end of the 2009-10 legislative session has brought the end of short sale deficiency judgments for first loans, and other new laws affecting REALTORS® and their clients.  To view the full text of the following bills, go to www.leginfo.ca.gov. No Short Sale Deficiencies: Starting January 1, 2011, a seller’s first trust deed lender » Read more  

  Including an MLS Number in Your Home for Sale Blog is Important! You see blogs marketing homes for sale all the time here at Active Rain, right?  But of all those blogs, have you noticed how many of them often to do not include the MLS number of the listing?  To me, it seems like » Read more  

There Isn’t a Document Too Minor to Include  The hardship letter is the beginning of the financial documents process in a short sale package. The items you attach to that letter will ultimately have a great deal of influence on the decision of the lender about whether to approve a short sale or not, and » Read more  

A short sale in real estate is not always a pleasant transaction. There are many ways to lose a home but signing away ownership in a manner that destroys credit, embarrasses the family and strips an owner of dignity is one of the hardest. For owners who can no longer afford to keep mortgage payments » Read more